Here is my dilema. I have enough money saved up to roughly invest $100K of my own money into a business, but my eyes are much larger than my wallet.
My strengths are in the service industry, even though I am currently in the IT business. I want to buy into a franchise that eventually be a multi-franchise owner. I like the business I chose, it gets me excited about it and it's something I am fond of and could excel based on my knowledge and excitement for the business. Also have great credit.
Need rougly $500K in funding on top of what I can invest.
So my choices is to take my $100K, buy a smaller business and build it, or start a business and start it from there, or find a way to get $500K for a proven franchise model.
Anyone ever find funding for such a large business with little investment?
Thanks in advance.