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. | | |
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!
| | |
Buyer Checklist |
|
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. |
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. |
|
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 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
|
|
Young Rembrandts
Cash Needed: $32K
Total Investment: $40K-$50K Franchise Locations: 88
Founded in 1988 by Bette Fetter, Young Rembrandts has become a recognized leader in art education. What began as one person, working with children in her home, has developed into an international business that teaches drawing to thousands of students every week. Research and education experts say what Young Rembrandts has always delivered: there is a significant correlation between involvement in the arts and achievement in the classroom. Children who learn to draw using the Young Rembrandts method develop spatial reasoning and fine motor skills, order and sequencing abilities, visualization, and self-discipline as well as fundamental art skills. Their original curriculum introduces concrete ideas and techniques that enlarge their visual vocabularies, enrich their imaginations and their minds. Young Rembrandts is the art program with a difference. They view art not merely as a talent, but as a skill that can - and should - be learned by all children. Young Rembrandts teaches the drawing skills children need. Their original curriculum introduces concrete ideas and techniques that enlarge and enrich their visual vocabularies, their imaginations and their minds.Young Rembrandts is a true home-based business model that offers a flexible, family-friendly lifestyle. Their model follows the school-year calendar in addition to summer scheduling opportunities; making this business ideal for entrepreneurs with children. Become a community leader with the largest exclusive territory in the industry, and join a community of like-minded franchise owners whose businesses are backed by a 20 year proven model and a team of experts dedicated to your success.
|
Griswold Home Care
Cash Needed: $75K
Total Investment: $94K-$116K Franchise Locations: 231
Griswold Home Care was first conceived in response to a tragedy that befell a member of the church where the Rev. Dr. Lincoln Griswold (the founder's husband) was the pastor. An aging, widowed parishioner could not find anyone to help her after her primary caregiver fell and broke her hip. Although her family lived nearby, the woman was left alone and did not drink enough fluids. As a result, she passed away from kidney failure. Inspired by this apparent growing need in her community, Jean Griswold started Griswold Home Care at her Erdenheim, PA home in 1982. As the company's reputation for affordable respite, overnight, live-in care and companionship services grew, requests for care started to come from beyond the local community. Additional home care centers were opened to meet the growing needs of each community; creating work opportunities for local professional caregivers who knew the area and who could better service neighboring clients, even in bad weather conditions. Griswold Home Care's success is based on a consumer-directed, referral-based business model that significantly reduces the overhead costs associated with traditional employees. Their caregivers are self-employed professionals whom are paid directly by the client-allowing their focus to remain on CLIENT CARE,rather than payroll, benefits, taxes or back office administration. If you enjoy helping others, building relationships, performing marketing functions, and have experience with recruiting, Griswold Home Care is the perfect franchise for you. Franchisees also have the ability to step out of the role of active business owners and into more of a passive role if they choose to down the road.
|
Supercuts
Cash Needed: $100K
Total Investment: $109K-$300K Franchise Locations: 250+
At Supercuts, they do more than precision haircuts. They offer a full range of services from relaxing tea tree scalp massages to waxing services, to hair coloring services ranging from full-color, highlights, or gray-blending services. They also offer professional hair care products (shampoo, gel, wax, and etc.) such as Paul Mitchell, Matrix Biolage, Redken, It's a 10, Nioxin, and American Crew. The hair business is a high-demand, high-repeat cash business that serves just about anyone. Supercuts is a national hair business brand leader that takes the guess work out of setting up a successful hair salon franchise of your own. The Supercuts process is so efficient that you don't need prior experience, and many franchisees choose to start their hair salon franchise while still keeping their current employment.
Supercuts is ranked as the number one hair care franchise in the U.S. and the fourteenth best franchise opportunity overall in Entrepreneur Magazine's 2012 "Franchise 500". The Supercuts opportunity gives you everything you need to get up and running quickly and successfully.
|
Tropical Smoothie Cafe'
Cash Needed: $125K
Total Investment: 275K-$375K Franchise Locations: 315
Tropical Smoothie Café has come a long way since their first franchise opened in Tallahassee, FL back in 1997. They sought to give their customers a place where they could relax while enjoying real fruit smoothies. By 1999, they'd expanded their menu to contain a wide range of healthy food options that perfectly complimented their smoothies. In 2000, they officially established the Tropical Smoothie Café name. And in 2005, they updated the environment of their cafes to reflect a tropical vacation - a get-away from the everyday hustle and bustle.
Tropical Smoothie Café's menu boasts bold, flavorful food and smoothies with a healthy appeal. Their food and smoothies are made to order with fresh ingredient. Their smoothies are made from superior simple ingredients including real fruit and natural sugar. Their toasted wraps, sandwiches, flatbreads and gourmet salads are made fresh with high quality meats and cheeses and topped with fresh produce and flavorful sauces. All this, served in a fun atmosphere with friendly hospitality. Tropical Smoothie Café's promise is to teach its franchisees to deliver unparalleled hospitality and original, healthy, fresh food and beverages. Tropical Smoothie Café recently received Nation's Restaurant News 2010 MenuMaster Award for Best Menu Revamp. It is ranked #181 in Entrepreneur Magazine's 2010 Franchise 500, #142 in America's Top Global Franchises and ranked in the Top 50 Franchises for Veterans, as seen in USA Today, Franchise Today (April 2010). As a Tropical Smoothie Café franchisee, you provide the experience and they provide you the training and support. Your success is intertwined in the overall success of the company.
For more information, Click here
|
The Coffee Beanery
Cash Needed: $150K
Total Investment: $300K-$450K Franchise Locations: 130
Coffee Beanery opened its first stores in the United States in 1976, before the American public knew the term "specialty coffee." In the 30 years that followed, Coffee Beanery continued to build its brand and franchise organization on the principles of time-tested and honored traditions and values. Exceptional coffee, a warm relaxing environment, and a corporate culture that embraces its franchisees with every opportunity to succeed exemplify these values. Today, Coffee Beanery has over 100 locations throughout the U.S., 20 locations internationally, and is recognized as an industry leader for its unique family business approach, corporate culture and commitment to quality.
The Coffee Beanery offers a variety of investment opportunities with streetfront cafes, drive-thru locations, and high-traffic shopping venues. The cornerstone and foundation of the business is the exceptional quality of its own hand-roasted coffee. The Coffee Beanery features 60 varieties of coffee plus a limited breakfast and lunch menu that includes breakfast sandwiches and specialty wraps, smoothies, and other specialty beverages.
|
Available Business Resales
Franchise | Location | Sale Price | AAMCO Transmissions | San Diego, CA | $250,000.00 | AlphaGraphics | Atlanta, GA | $250,000.00 | City Publications | Sarasota | $75,000.00 | The Cleaning Authority | Palm Beach, FL | $150,000.00 | ComForcare Senior Services | Arlington, TX | $160,000.00 | Huntington Learning Center | Peachtree City, GA | $25,000.00 | Valpak | Burbank, CA | $70,000.00 |
|
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 or country. 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
|
|
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 Direct: 800-401-9154
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
|
|
|