Description: Would you loan someone money to buy a Cold Stone Creamery franchise if you knew that more than a quarter of those loans default? If you’re the U.S. government, the answer is yes.
Source: Businessweek.com
Date: Sep 16, 2014
Questions for Discussions:
- Why do you suppose the SBA loans continue to be made?
- Why would entrepreneurs participate in such risky franchise setups?
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