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.
In 1986, the first Goddard Early Learning Center opened in Malvern, PA.
Anthony A. Martino, founder of the AAMCO and MAACO franchises, formed Carousel Systems to offer Goddard Early Learning Center childcare and preschool franchises.
In 1993, Goddard Early Learning Centers was renamed The Goddard School.
In 2015, The Goddard School was named the #1 Childcare Franchise in the United States by Entrepreneur magazine for the 14th consecutive year.
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: $35K
Total Locations: 30
N-Compass Global Holdings developed a worldwide authorized dealer program called N-Compass TV; a community-based interactive indoor digital billboard that gives businesses of all sizes the power to remotely communicate their messages in real time to whom they want, when they want, and where they want. N-Compass TV's product and its growing network of indoor digital billboards gives its customers unprecedented flexibility to cross-promote with other participating network partners.
What is a digital billboard? A digital billboard is an out-of-home TV, typically found in high-traffic areas such as car washes, quick-serve eateries and gyms. Digital billboards present local business advertisements to people on the go. The screens are connected to the internet, they can be updated anytime, and feature live news updates and weather, as well as other entertainment for the viewers.
What does an authorized N-Compass TV dealer do? N-Compass TV dealers set up host locations around their protected territory. Typical host locations include car washes, gyms, quick-serve eateries, cafes; anywhere with a captive audience or wait-time. The dealers sell ad spots on these digital billboards and the graphic designers create the ads and load them to their host locations.
As an authorized N-Compass TV dealer, you will receive all the back-end services needed to help start your business. This includes logo creation, a website, marketing materials, training, weekly coaching and an in-house advertising agency for all creative needs. You will also have access to their marketing and technical department seven days a week. Through their unique business model, you can set up residual income for life.
Cash Needed: $49K-$69K
Total Investment: $65K-$85K
Total Locations: 1002
WSI is a digital marketing company with a strong international presence. Their powerful network of marketers strive to discover, analyze, build and implement digital solutions to help businesses succeed online. Over the last 20 years, WSI has won multiple digital marketing awards for their solutions by adapting to the constantly shifting landscape of the Internet.
The power of WSI's network of marketers lies in its global reach. They know what's happening in the digital marketing space all over the world. They pool this knowledge and experience together then they bring their global expertise to local markets and apply their digital marketing plans that were designed to save money and increase results for businesses everywhere.
Why do you want to become a WSI franchisee?
- No previous technical/IT experience needed
- Complete training and ongoing support
- Turn-key system
- Home or Office based
- Scalable business
- Strong earning potential
- Proven marketing strategy
- Predictable recurring revenue streams
If you enjoy sales and marketing and building long term client relationships, and you are dedicated team player, then WSI may be the business that you are looking for.
Cash Needed: $40K
Total Investment: $114K-$251K
Total Locations: 100
Seva Beauty is a fast-casual spa with two different types of formats - Seva Express and Seva Spa. With nationwide locations that maximize one-stop-shop convenience and price points that everyone can afford, they have branded the mantra, Beauty to the PeopleŽ.
Seva Express is their quick-serve format offering their brows and face category of services: facial threading and waxing, eyelash extensions, eyebrow tinting and flash facials from within the salon chairs. A Seva Express studio is typically an open floorplan of approximately 250-550 square feet without a spa room and are located within major retailers such as Walmart.
Seva Spa is their larger, full-service format offering all of the same brows and face services as their Seva Express locations from within the salon chairs, as well as their spa services: body waxing and full facials from within the spa room. A Seva Spa studio is typically 1200-1500 square feet with multiple spa rooms and are located within shopping centers, strip malls and traditional real estate environments.
Seva is committed to providing their new franchise owners with extensive initial training and ongoing support through their proprietary Seva University™ curricula which includes: facetime coaching & conference calls, webinars, and advanced technical training. Seva's fast-casual spa is a simple, manager-run business that doesn't require salon or spa-specific experience in order to be successful. Their unique business model, low initial investment and multiple format opportunities means you will have the ability to own multiple locations: locally, regionally, nationwide.
Max Muscle Sports Nutrition
Cash Needed: $75K
Total Investment: $225K
Total Locations: 140
Max Muscle Sports Nutrition (MMSN) is a retail franchise offering client-custom sports nutrition plans, "body audits", and world-class sports nutrition products through affordable and strategically located stores that are in close proximity to their local fitness centers, chiropractors, colleges and high schools, police and fire departments, and fitness-minded consumers. The custom nutrition plans and audits, not offered by any market competitor franchises or businesses, are delivered to clients by sports-nutrition certified franchise owners, managers, and team members. MMSN also offers numerous top quality and industry leading nutritional products to its retail clients.
Health and fitness is the fastest growing category in the supplement industry. Max Muscle Sports Nutrition has earned its place as the leader in the supplement industry. Their reputation is built on a solid foundation of continually providing high-quality, innovative products that deliver the best results. These days, people want to stay active and be healthier. They may not be professional athletes, but they still want to get the maximum results for their efforts. Whatever their activity of choice, the market for health and fitness products will only continue to grow because people simply want to look and feel better.
Benefits of owning an MMSN franchise:
- Prime locations in retail centers with health clubs
- Easily replicable for multi-unit owners
- Easy to operate with only 2-3 employees
- Easy to manage non-perishable inventory
- Short retail hours of operation
MMSN is #1 for all these reasons:
- Continued new product development
- A proven track record for over 20 years
- Max Pro has been the best selling protein for 20 years
- An MMSN/NESTA Certified Fitness Nutrition Coach in your store
- Private label sports and nutritional supplements
- Vitamin and mineral solutions for the whole family
- Outstanding selection of nationally recognized branded products
With the right franchise partner, Max Muscle Sports Nutrition is poised to see unprecedented growth in the near future.
Cash Needed: $150K
Total Investment: $275K-$350K
Total Locations: 77
Metal Supermarkets is the world's largest small-quantity metal distributor. Their stores are small metal warehouse and distribution centers, typically 4,000 - 6,000 square feet located in a medium to light industrial setting. Their stores stock, and sell various grades, sizes and shapes of metals such as aluminum, hot and cold rolled steel, stainless steel, brass and copper in bar, tubes, channel and sheet.
Metal Supermarkets' business is selling stable industrial commodities - metal. The core focus of their business is not selling high volumes of metal used in manufacturing itself, but the maintenance and repair departments of manufacturers, distribution companies, food processors, machine shops, tool and die makers, government agencies and a wide and diverse variety of other companies and institutions, as well as homeowners and hobbyists.
This is a real B2B relationship business. One of the best things about this business is that it enjoys minimal customer and industry dependency. A typical branch has a widespread and diverse customer base which enables franchises to develop a fairly predictable revenue and profit stream due to the customer diversity.
Why the metal distribution industry?
- The metals distribution business is a $170 billion dollar industry in the U.S.
- Metal is not a fad! It has been around for 100's of years, and hasn't materially changed over time
- The metals distribution business is very fragmented and is ripe for a national company to build a strong national presence in the small quantity niche
Why Metal Supermarkets?
With a track record of over 20 years, Metal Supermarkets know how to assist and guide franchisees in setting-up and manage the business, creating critical preferred vendor relationships, manage inventories, develop pricing strategies, and teach, coach and guide them on how to sell and market our products and services. Metal Supermarkets franchisees can make solid profits while building a long term, tangible and sustainable business with limited competition.
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|What is an Area Representative or Master License?
Some franchises have opportunities known as Area Representative or Master Franchise Licenses. An Area Representative License 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 Franchise Licenses 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
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Our Business Is Helping You Find The Right Business