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 using your retirement account and other funding options that are available.
Supercuts was founded in 1975 by Geoffrey M. Rappaport and
Frank E. Emmett.
Their first location is still in operation in Albany, CA.
Today, there are over 2,130 corporate-owned and franchisee-owned salons opened in the U.S., Canada, and Puerto Rico.
The Fear Factor of Buying a Franchise
Author and Philosopher Bertrand Russell once said "To conquer fear is the beginning of wisdom."
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!
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 experience with other franchisees.
5. Formalized training and marketing programs to help ensure your success.
At Quest, we've helped many aspiring business owners realize their entrepreneurial dreams by matching them with their ideal Business or Franchise Opportunity. If you're ready to take control of your future and have that entrepreneurial spirit, give us a call. There is never a cost or obligation for our consulting services. Below are just a few examples of the hundreds of business opportunities in our portfolio.
Our Business Is Helping You Find The Right Business
Cash Needed: $35K
Total Investment: $60K
Total Locations: 131
Mosquito Squad is part of the Outdoor Living Brands family-a franchise corporation dedicated to enhancing the enjoyment of outdoor living spaces. Their mission is to help their customers enjoy outdoor living by delivering a pest-free and disease-free environment that meets their family and lifestyle needs.
Mosquito Squad was founded in 2005 when the lighting designers and installers of their sister company were continually being bitten by mosquitoes while working outdoors. The solution to protect these professionals evolved into what is now known as Mosquito Squad. Mosquito Squad is proud to be the most trusted tick and mosquito control company in the United States. All Mosquito Squad solutions are registered with the Environmental Protection Agency (EPA) and their trained applicators treat their clients' homes and properties as if it were their own.
As a Mosquito Squad franchise owner, you will have access to responsive support from a smart, professional staff in all the key disciplines incuding:
- Lead Generation: A proven track record of lead generation and business development practices shared by multiple brands.
- Marketing Support: Thoughtful, impactful and proven communications tools and strategies.
- Customer Acquisition and Retention: Best practices to deliver world class customer service and proven CRM programs and technology.
- Support, Training and Technology: A world-class training process, phone support and on-site guidance and training.
- Franchise Partner Network: Access to fellow franchise partners in the business.
Mosquito Squad understands that your success leads to their success; so their team is fully committed to whatever it takes to support you and your goals as a franchisee. And by being part of the Outdoor Living Brands family of franchise companies, this support system expands exponentially.
Cash Needed: $75K
Total Investment: $85K-$104K
Total Locations: 195
For more than 25 years, Crestcom International franchisees have trained business people across the globe in the areas of management and leadership. Today, Crestcom has grown to become one of the training industry's most successful and widely used management and leadership programs among Fortune magazine's Top 100 Companies.
Businesses turn to Crestcom to help transform managers into leaders and generate real business results. Crestcom's training program accommodates companies of all sizes, from small to global multi-national organizations. Crestcom has met the needs of some of the most successful businesses and brands around the world. Managers from 75% of Fortune Magazine's "Most Admired Companies" have participated in their Bullet Proof® Manager training.
Every new Crestcom franchisee starts with their first 100-day plan, which includes:
- A detailed procedures manual
- Initial inventory of marketing materials
- Franchisee training videos
- Accounting and reporting systems
- The opportunity to work with a Crestcom mentor
Crestcom also provides their franchisees with ongoing support such as:
- Client Referral List-to help new franchisees identify potential clients
- Monthly Facilitation Tips-instructional videos and monthly online instruction
- Company Newsletter-weekly company newsletter that provides business ideas and sales and training tips
- Company Contests & Trips-outstanding achievers qualify for special recognition and corporate retreats
- Franchisee Meetings-held twice a year, franchisees at the International and Regional levels get to learn and share experiences
- Online Support-access to their Franchise Support Website which includes a variety of sales, training and support tools that are updated regularly
Cash Needed: $50K
Total Investment: $120K-$130K
Total Locations: 20
SuperGreen Solutions is a leading franchise in commercial energy efficient solutions, making them truly a 'one stop energy efficient solution shop'. Having been in the Energy Efficiency industry for over eighteen years, the founders have established a solid reputation spanning three continents. They are different because they look at energy creation and energy saving from a holistic point of view, to provide their clients with total solutions.
The SuperGreen Solutions product range, which is constantly being monitored with new products and services added regularly, includes: solar power and hot water, skylights, ventilation, insulation, wind power, LED lighting, and energy management.
SuperGreen Solutions' training program for their new franchisees includes:
- Two-week introductory training program at SuperGreen University located at their corporate headquarters in West Palm Beach, FL to learn all aspects of the business; marketing, advertising, scheduling and workflow, bookkeeping, pricing orders, and providing great customer service.
- One week of in-store training with one of their experienced Operations Advisors who will help with the store setup as well as implementing the marketing plan and grand opening.
When you join the SuperGreen Solutions family, you will experience the satisfaction of owning your own business while enjoying the benefits that come from being part of a global brand that businesses already know and trust.
Cash Needed: $50K
Total Investment: $140K-$268K
Total Locations: 169
Image360 was created by Sign and Graphics Operations, LLC to answer the call for an expansion of visual communication services-all under one roof. Drawing from more than 25 years of leadership and innovation in the industry, Image360 is now one of the premiere business-to-business (B2B) franchises, serving the multi-billion dollar market for graphic communication services.
Image360 locations provide professional graphic solutions to national, regional and local businesses and organizations. From the simplest projects to the most complex, trained graphics specialists work closely with their clients to maximize the creativity and visual impact of environmental graphics, mobile graphics, way-finding solutions and promotional displays.
Unlike many traditional sign businesses with a limited menu of sign products and services, an Image360 center is a full-spectrum provider of all types of visual communications. The Image360 business model was driven by extensive qualitative and quantitative customer research. Based on this process, they found that buyers value a one-stop graphics provider who services as a pro-active business partner, rather than an order taker. They want access to best practices and efficient project management from a single source.
As a new Image360 franchisee, your training starts with the New Operator Training Class at Image360 University in Columbia, MD where you will learn the ins-and-outs of the Image360 business model, including:
- Financial, operational and business management
- Marketing, advertising and promotion
- Sales process, customer service and POS training
- Staffing and employee relations
- Web-based tools and support
In addition to your training class, you will receive two weeks of personal consultation in your signage and graphics center to help you and your staff integrate with the Image360 business model and to ensure a successful start.
|Philly Pretzel Factory
Cash Needed: $75K
Total Investment: $158K-$355K
Total Locations: 149
Known as the "Home of the Real Soft Pretzel", Philly Pretzel Factory is the world's largest Philly-style pretzel bakery, with almost 150 franchised locations - and growing. At "The Factory", fresh dough and hand twisted pretzels are made everyday. From their award-winning soft pretzels to crowd-pleasing party trays, every menu item is guaranteed to be fresh baked and served hot out of the oven.
At Philly Pretzel Factory, their family of franchisees, founders and employees are committed to providing world-class customer service in a clean, friendly and inviting atmosphere. With endless batches of fresh twisted pretzels baked right before your eyes, you'll get to see how the best soft pretzels in town are made from start to finish. Breathe in the incredible aroma as your pretzel comes straight from the oven and into your hands; it's that fresh!
As an new Philly Pretzel Factory franchise owner, you will receive:
- Operations and Marketing manuals
- Hands-On and On-site training
- Real Estate and Construction sssistance
- Store Grand Opening sssistance
Opening a new business is a huge undertaking, that is why the Philly Pretzel Factory team will be there to provide the support and training that you will need to ensure your store starts off strong and continues to grow.
For more information, Click here
|What is an Area Representative or Master License?
Some franchises have opportunities known as Area Representatives or Master Franchises. This involves the development of a geographic region that can be as small as a single city or as large as an entire state; while Master Franchises are normally reserved for the development of an entire 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 an Area Representative or Master Franchise opportunity can start as low as $150K depending on the franchise and geographic area.
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 the number below.
Quest Franchise Advisory Group
Direct: 770-910-7767 ext. 101
We hope you find our newsletters informative and invite your suggestions and comments by emailing firstname.lastname@example.org
Our Business Is Helping You Find The Right Business