Rate

Understanding Franchise Business Success Rate for Sustainable Growth

by

Key Takeaways High Success Rates: About 90% of franchise enterprises, stressed the benefits of the franchise model, compared to 70% of independent small businesses. The importance of the earth: a franchise’s success, foot traffic and customer demographics are significantly dependent on the location because it plays a vital role in attracting a customer-customer. Franchising Support: … Read more

Fed Rate Cut: Expert Explains Effect on Mortgage Rates, CDs

by
Fed Rate Cut: Expert Explains Effect on Mortgage Rates, CDs

Federal Reserve officials on Wednesday cut the federal funds rate, or the rate at which banks borrow from each other, by 25 basis points, or 0.25%. The central bank’s rate-setting committee, the Federal Open Market Committee (FOMC), announced on Wednesday that the target range for the federal funds rate was 4.25% to 4.5%. Federal Reserve … Read more