Ok I am considering opening a Franchise and learning as much as I can about Business Loans and Business Credit and I tried reading up here on the Forums as well but I am beyond lost. I have no idea how/where to start what are the right questions to ask. I know it is different than creating your own business but you are still able to run it as your own you just give a percent to the Owner for Franchising their business. I did see mention of learning about Commercial Liability and that some business cards offer extended payment options things of that nature. But is there someone here that has started a Franchise that can point me in the right direction. I really need to update my numbers in my siggy too lolololol don't judge me my new position has kept me WAY busier than my old job... but I have no idea what documents are needed or who I can speak with Financial Advisor wise so I don't screw myself over being naive and not asking the right questions. Any advice or direction is much much appreciated. This isn't something I am looking to do this or next month but most likely this year or next year just to give a timeline I suppose if everything works out well. 
Thank you all again
I'm not sure this request belongs here since you seem to be looking for business advice rather then credit advice. A few thoughts:
1. Franchising is very risky and there are a lot of scams going on. I would not consider putting money into a franchise unless it is a household name such as McDonald's or Jiffy Lube. Of course those franchises are very expensive to start up.
2. You will have to rely on your personal credit. No bank will give you financing for a franchise unless, as mentined above, it's with a very well-known company.
If you have specific questions, it would be a good idea to pose them in list form. A general request for "advice" is somwewhat difficult to respond to meaningfully.
@Girlzilla88 wrote:Ok I am considering opening a Franchise and learning as much as I can about Business Loans and Business Credit and I tried reading up here on the Forums as well but I am beyond lost. I have no idea how/where to start what are the right questions to ask. I know it is different than creating your own business but you are still able to run it as your own you just give a percent to the Owner for Franchising their business. I did see mention of learning about Commercial Liability and that some business cards offer extended payment options things of that nature. But is there someone here that has started a Franchise that can point me in the right direction. I really need to update my numbers in my siggy too lolololol don't judge me my new position has kept me WAY busier than my old job... but I have no idea what documents are needed or who I can speak with Financial Advisor wise so I don't screw myself over being naive and not asking the right questions. Any advice or direction is much much appreciated. This isn't something I am looking to do this or next month but most likely this year or next year just to give a timeline I suppose if everything works out well.
I looked into franchising before...
It is more than just kicking back some money to the franchisor. You often have to follow their method of doing business, contribute to national or regional advertising, purchase from specific vendors and only carry their products, merchandise or menu items.
You are paying for an established business method that should be reproducible for the opportunity at name recognition and hopefully a shorter time period to profitability (No guarantees).
There is offten a franchise fee required up front. Plus there are a number of fees annually that the franchise agreement may force you to contribute too. There is often a minimum net worth requirement maybe 200k-1mil depending on the franchise, where your assets must be greater than you liabilities. They may also require you to have an certain amount of net worth in cash or liquid investments over and above the amount paid for the franchise fee.
Some may ask you to work in a corporate store for a period of time for training and other may ask you to go to their training "University".
Those are just some of the things you should look at.
All of the business insurance that you would get would be similar to a non-franchise business. You would still need workers comp, general liability, property and casualty on the building etc. You can contact an insurance broker for that and the franchise may be able to offer some discounts through their own brokers.
On financing, it i all over the board. Some may finance equipment, some may lease you back a building, it all depends on the agreement.
Three of the best things you could do is find a CPA that charges a reasonable price and that you can feel comfortable with, find a local business bank to create a relationship with, and find an insurance broker. They would have had clients that own franchises and they would often know know some ways to make things easier on you. Number one in my opinion would be the CPA, not just an accountant but a CPA.
A financial advisor will not
Ok I'm not sure if I work with a Business bank. I do bank with Georgia's Own and NFCU. It wouldn't be a large Franchise like McDonald's or so I'm looking to buy a drive through section of a building or rent it out probably no bigger than 1k to 1200 Sq ft to open a small bubble tea branch in my area as one of the ones I frequent is expanding at a good pace (I have kept an eye on them the past few years to see if it could be potential and I clearly love their products lol) I checked the area around me and even did a poll to see if ppl in my area would be interested in if one opened so I don't open to an empty reception. I just don't know how to move forward from there I did see a few things in reply I didn't know about yet I will def look into. What is a CPA?! And does anyone know if NFCU or Ga's Own is a Business bank?! How would I know?! I am Ok with doing a Secured business card with the bank or place I just know you can plan on having 50k and end up needing 200k so I don't want to put myself at a disadvantage without properly educating myself as much as I can before ♡ Thank you all for the replies and continued advice.
Oh Background sorry I forgot to add that I worked in restaurants over 6 years with some management but my fiance has more management experience so he is going to be the main person in store while I work and when my job is over I will tag him out so to speak. ♡ but he has restaurant and restaurant management experience but I would still use the advice of accountant or whom the CPA may be?!? Not sure if they do that also
I didn't know that was possible how would I know who would be willing to if presented with idea and paperwork provided by the Business Owner because I know they will provide papers and training and things of that nature the great news on Management/Staff is this will be turning into my Fiances FT position and my PT until I can be FT as well in it but they have employees that live closer to me that they already said they would be open to moving them there to helping they seem to be great and accommodating business owners and open to discussion and assisting in the process. ♡