re: #39 Bob Levin
Oh, and Bob, MacDonalds requires you to have half a million dollars in unborrowed assets. So no, they don’t take out a bigass loan. And most franchise owners own multiple franchises, and are themselves part of that 1%.
I know that you are not a dishonest person and so this was an unintentional mistake, but please think about how often you wind up in a situation like this because you’re twisting around trying to defend a premise rather than admitting that it’s faulty.
Generally, we require a minimum of $500,000 of non-borrowed personal resources to consider you for a franchise.