SCORE Points Franchisee In Right Direction In Naperville, IL
Fastsigns' management was eager to have Shane join the organization and Shane's wife, Debra, a veteran employee of a major fast-food chain, was willing to contribute her experience with franchises to make the business succeed. Everything about the opportunity seemed right; yet this stranger in a Chicago high-rise office building had just told him that he was wrong. SCORE counselor read the plan and after a few sections, then sent Shane back to the banks. He wasn't immediately successful - some lenders questioned whether Shane could revive a franchise that had not performed well in the past few years. Along with helping him get the loan, that business plan served as his calling card for securing the other services he needed, like a lawyer and a contract accountant.