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Use Your IRA/401K
to Fund Your Business
If you have retirement funds that you have not yet paid taxes on, you can access those funds to capitalize a business. You can then use those funds to buy a business, for any business expense, and to pay salary!
You are in control, you decide how much of your retirement funds you wish to use for the business. When working with a company that specializes in this funding option, and follows all of the IRS guidelines, you are able to buy a business Debt Free and Equity Rich (from the rollover of your IRA/401K funds). Additionally, you'll have a new 401K/Profit Sharing Plan that you can begin to contribute Tax Deferred.
To learn more about this option, call Diane Rosenkrantz with
Tenet Financial Group
888-901-3335 x 9,
option 2. Mention Quest Franchise Adviory Group to receive a special discount. | | |
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The Fear Factor of Buying a Franchise
Buying a franchise is one of the biggest decisions you will ever make, so feeling fear is not only normal, it is entirely appropriate to the situation.
Who has fear? Everyone! Fear prevents us (most of us, anyway) from jumping out of a moving car or going over a waterfall in a barrel. Fear helps us make choices that are less likely to endanger our lives. Fear also prevents us from gambling our life's savings on a horse race or marrying someone we've known only a few days. However, when we feel we have enough information about a subject, we can often get over fear and do things that were beyond our comfort zone. If you are one of those people who has done your homework and found the franchise opportunity you've always dreamed of but can't seem to commit to a decision, then the final doubts you have are probably about your own abilities rather than the franchise itself. This is where a qualified franchise consultant can help you. By assessing your interests, skills and experience, a consultant can guide you to a decision where risks are at an acceptable level and the benefits, while not certain, are well worth the effort. The only problem with fear is when you allow it to stop you from doing something you know will make a positive difference in your life. Don't let fear stop you from reaching your goals!
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Buyer Checklist | |
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1. Work with a consultant, he/she already knows the answers to most of your questions.
2. Take your time.
3. Identify your financial goals.
4. Understand your marketplace.
5. Compare several franchise options.
6. Attend the Discovery Day.
7.Validate information with current franchisees.
8. Consult with a franchise attorney prior to signing any documents.
9. Begin your journey as a successful business owner. |
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Did you know... |  |
One out of every 12 businesses operating today is a franchise.
What are some of the benefits to owning a franchise?
1) It's an established, successful brand.
2) There are proven operating systems in place.
3) Volume purchasing power.
4) Shared experiences with other franchisees.
5) Formalized training and marketing programs to help ensure your success. |
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Greetings!
Our newsletter is designed to inform and educate individuals considering business ownership. Each month, we select five opportunities from our database of over 500 businesses to feature
in detail. The goal is to highlight businesses that will fit a variety of budgets and skill sets. If you feel you have that entrepreneurial spirit and would like to explore your options, give us a call. There is
never an obligation or cost to you for our franchise consulting services.
If you know someone who may be interested in our newsletter, please
Our Business is Finding You the Right Business 800-401-9154
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HOODZ 
Cash Needed: $30K
Total Investment: $61K
Franchise Locations: 130
Whether you need a general assessment, hood cleaning, or a complete kitchen exhaust cleaning, HOODZ has the experienced staff to do the clean the right way, the first time and to ensure compliance. HOODZ professionals clean the entire kitchen exhaust system from Roof-top to Cook-top, adhering to the National Fire Protection Association (NFPA) Standard-96, devoted exclusively to ventilation control and fire protection of commercial cooking operations. HOODZ can help customize a cleaning program to fit your needs.
HOODZ is proud to emerge as the first national brand backed by leading service industry franchisors. Poised for aggressive growth, the HOODZ franchise opportunity can provide business owners with the proven system, brand equity, training and support that is unparalleled.
Franchisees receive one week of training in Ann Arbor, Michigan. This training is designed for you and two of your technicians and includes classroom technical and sales training, as well as hands-on field training. They also provide an optional week long "Boot Camp" technician training in Oklahoma City. After your training, you will receive ongoing support from the home office that includes sales support, business management, IT support, structured peer support and training, marketing support, 24 hour "in the field" technical support, etc..
As a franchisee, you have two ways to run your business: As an Owner/Operator focusing on building relationships & accounts, and overseeing technicians. Or, as an Investor hiring a key operator to oversee the daily operations of the business.
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The Dentist's Choice
Cash Needed: $51K
Total Investment: $60K
Franchise Locations: 142
The Dentist's Choice (TDC) is the leading network of dental handpiece repair specialists in the U.S. with over 142 franchise units throughout the U.S. and Canada. Founded in 1993, TDC has established a niche business that is focused on repairing and maintaining handpieces (drills) for dental offices, which are integral tools of the dental profession. The primary competitors of TDC franchisees are the handpiece manufacturers and dental supply companies themselves. However, dental offices appreciate the benefits of establishing relationships with local service technicians who can respond immediately to their needs and save them time and money (2-3 times current cost) in sharp contrast to the manufacturers and supply companies. Training includes:
- One-on-one technical training
- Sales and marketing training
- Operations and business administration training
- Operations and repair manuals with companion DVDs
- Ongoing technical support
- Weekly one-on-one business coaching
A successful TDC franchisee is someone who is intelligent, self-motivated, outgoing and has good communication skills - all of which are vital to developing relationships with local dental practitioners. The franchisee should also enjoy working with their hands and have at least a minimum of technical aptitude. With all of comprehensive training and support along with a variety of resources the TDC provides them, franchisees are on well their way to a successful and lucrative career in a growing industry. |
Fantastic Sams 
Cash Needed: $75K
Total Investment: $109K-$236K
Franchise Locations: 1208
Fantastic SamsŪ has been in operation for more than 39 years and is one of the world's largest, full-service hair salon franchise brands with over 1,200 salons located throughout North America. The Fantastic Sams name is synonymous with quality, service and style and their goal is to exceed their guests' expectations, providing quality hair care services for the entire family at a fantastic price.
The hair care industry is constantly growing and changing with new consumer needs. As a Fantastic Sams franchisee, you will be able to take advantage of that growth, even while maintaining your current career. Fantastic Sams can assist you in evaluating how to best manage and balance your career and your salon business, while helping you reach your long-term financial goals. More than 85 percent (85%) of their current owners have no previous hair salon industry experience.
When you join the Fantastic Sams family of franchisees, you will receive both local and national support through our ongoing management training, educational programs and national conferences, as well as advertising and other benefits. Their ongoing support focuses on those things that make a difference to the bottom line-recruiting and retention of stylists, training stylists to keep them up-to-date on the latest styles, trends and products, and marketing and product sales. No hair care experience is required.
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Maui Wowi Hawaiian 
Cash Needed: $45K
Total Investment: $70K-$250K
Franchise Locations: 450+
Maui Wowi Hawaiian is the largest Hawaiian Coffee/Smoothie franchise in the United States. It has been ranked as one of America's Top Global Franchises by Entrepreneur Magazine's Franchise 500 and as the #1 "Juice Bar" franchise in the world by Entrepreneur Magazine's Franchise 500.
 Maui Wowi CartFounded in 1982 by Jeff & Jill Summerhays, Maui Wowi Hawaiian was built to provide their 'Ohana (family) a healthy alternative to the sugar and fat laden foods that seemed to be everywhere. Just as passionate, the Summerhays wanted to create a business model that was fun, flexible, and mobile so they could offer their all-natural, fresh fruit smoothies anywhere they felt like traveling.
 Maui Wowi Kiosk
 Maui Wowi Mobile
It's About Quality of Life. As a Maui Wowi business owner, you can run the show yourself or you can manage the managers. You have the option of working full-time, part-time, when & where you want, build the business fast or slow, and enjoy what's important in your life.
 Maui Wowi Retail
For more information, Click here
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Victory Lane Quick Oil Change
Cash Needed: $75K-$190K
Total Investment: $350K-$800K
Franchise Locations: 29
Victory Lane Quick Oil Change is the most exciting quick lube opportunity in the U.S. today. Their highly trained service technicians provide required maintenance services including replacement of all fluids and filters, wiper blades, light bulbs and tire rotation. They have incorporated a distinctive architectural design to attract customers, provide the best and latest software for business and customer use, and integrated environmentally safe recycling methods.
Victory Lane Quick Oil Change is your entrance into a solid, recession proof industry that has strong consumer demand. Become a part of one of the best quick lube franchise opportunities in the United States. Every car owner needs it's oil changed, and with more demands on Americans' time than ever before, the increase in population growth, and stringent government regulations on used oil disposal, the demand for do-it-for-me quick oil changes has increased significantly.
Think of all the new neighborhoods being developed. For each new home built, there are one or more drivers with vehicles, and each of these cars needs its oil changed an average of 3.7 times a year, according to the Automotive Oil Change Association. This means that new customers are literally moving into your area all the time, and just waiting for a Victory Lane Quick Oil Change center to open and change their oil and major automotive fluids. Could you be the quick oil change franchisee they are looking for?
You don't need to be an automobile mechanic to own and operate a Victory Lane Quick Oil Change franchise. And their franchisees don't need to change their customers' oil either. Your success as a Victory Lane franchise owner is in properly managing your business. At Victory Lane, they will teach you everything that you need to know in order to run a successful quick oil change franchise.
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What is a Master Franchise?
Some franchises have opportunities known as Master or Regional Developers. This involves the development of a geographic region that can be as small as a portion of a state or as large as an entire state. You purchase the right to develop a designated area and share in the franchise fees and royalties with the franchisor. You work closely with commercial real estate agents, business brokers and consultants in the development of your area. The investment needed to secure a Master or Regional Developer opportunity can start as low as $150K depending on the franchise and geographic area.
For more information on this unique opportunity, Click here
Or call 800-401-9154 |
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If you would like to learn more about this month's Featured Business Opportunities or have questions about business ownership, you may contact me directly by calling 800-401-9154. There is never an obligation or cost to you for our franchise consulting services.
Sincerely,
Dave Struck
Dave Struck Founder/Consultant Quest Franchise Advisory Group dstruck@questfran.com www.questfran.com We hope you find our newsletters informative and invite your suggestions and comments by emailing newsletter@questfran.com Our Business Is Finding You The Right Business  
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