Join a network costs generally more expensive than creating a clean shop, mainly because of fees. Here are our tips to finance your project.

You chose your network and know its terms and conditions. Remains how to fund your project. The financing plan includes details of the investments needed to create your point of sale. Experts recommend a personal contribution covering at least 30% of the total. Below this threshold, they believe that the franchisee can not repay the loan, insurance costs and interest, while paying. Do not hesitate to solicit several banking institutions, primarily those who have partnered with your franchisor. In this case, your contacts are already familiar with the brand and reliability. The agency to which you address your application to transmit national service dedicated to the franchise. It will be analyzed more quickly and you will enjoy the conditions negotiated by the network conditions (transaction banking fees scaled down, etc).


HSBC – which lists 250 signs referenced even opened since 2007 a ​​dedicated web page enabling its partners to send the candidates faster. The appointment with the local agency is made via the call center within 48 hours. HSBC has taught forms filled for each partner. This information is sent to the carrier receives commercial project. This organization not only saves time, but also open the doors of the bank to the project. Partnerships are reviewed each year as nothing is fixed and needs evolve both sides. Finally, note that banks are very attentive to the candidate’s motivation, his involvement in the project, but also its ability to sell.

Build your file

For its part, the franchisor is required to provide you with local state and national market, that is to say, the key figures of the industry. However, it is your responsibility as a future business leader, tested business opportunity. Is that “the best data available to a franchisee are the results obtained by another franchisee in a catchment area equivalent,” says Pascal Lambert, head of DMS Franchise Expert consultancy.

Your analysis of the local potential allows you to supplement your knowledge by checking the size of population, its characteristics and the number of competitors. Finally, consult an accountant to validate the estimates, and an attorney or legal counsel to review the status most relevant to your organization: sole proprietorship limited liability (EIRL) if you are working alone, a corporation Limited (SARL) if you have a partner, etc.

The business plan is the document that you present to the bank when you request a loan. It is therefore essential to treat him. It is also a personal file that allows you to analyze the creation of your business step by step. It includes a summary in a few pages (three or four), then the folder itself, some twenty pages, with annexes (document registration of trade or business, the last three payslips and property titles).

Regarding the structure of your application, start with an introduction and Decline all important elements: your profile, motivations, description of business, products, organization of the company, legal entity, market research, forecasting the income statement in which you compare your predictions with your sales forecast costs and the financing plan and the cash plan. In short, a long process!