Entry strategies

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2 Comments

I've researched online all night and I can't seem to find the answer perhaps someone on here has general knowledge of this, let's say they want to raise cash can banks use licensing and franchising as a form of entry strategy?

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Based on 9 votes (7 yes)
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Comments ( 2 )
  • thegypsysailor
    9 years ago

    I don't know any bank that will loan money on an idea and plan without collateral.
    There are groups of private investors that will, for a hefty percentage of the profit, loan money on an idea, if they think they can make money on it. But they aren't stupid, so if you approach them you'd better have all your ducks in a row.
    That information is available online.

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    • seekelp
      9 years ago

      Pretty much this. Depending on the exact nature of your idea, there might be some grant money out their, either public or private, but if you want a loan on the scale of starting a business, you need something you can take it against, like a house.

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