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 OCTOBER 2015 NEWSLETTER
 

In This Issue
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Funding Your Business
Use Your IRA/401K
to Fund Your Business
  
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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.
 
Click here to learn more about using your retirement account and other funding options that are available.
Fun Facts

Toru Kumon, a high school math teacher, was the originator of the Kumon Method.

In 1955, the first Math Center to use the Kumon Method opened in Moriguchi City, Osaka.

In 1962, the first Kumon Center opened in Shinjuku, Tokyo.

Today, Kumon is in 48 countries and regions around the world.
Resources
The Fear Factor of Buying a Franchise

 

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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! 
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.

Did you know... 
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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, but need help finding just the right business, 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
800-401-9154
     
Tradewind Settlements
Cash Needed: $25K
Total Investment: $25K
Total Locations: 92                                    
Tradewind Settlements is a national leader in the life settlement industry.  The Tradewind team, collectively, has been involved with the industry for 20+ years and has bought and sold hundreds of millions of dollars of face amount of life settlements.  A Life Settlement is created by reselling an existing life insurance policy of an insured party age 65 or older on the secondary market for more than its cash surrender value.  Life settlements offer an economical solution to seniors who have an insurance policy they no longer need or can no longer afford to pay for.


Tradewind has designed a program for an individual seeking to enter the growing multi-billion dollar life settlement industry with the support of an experienced team.  This is a licensing opportunity with lots of benefits:
  • Protected territory
  • Comprehensive live training
  • Tradewind back-office website
  • Turn-key marketing system and ongoing marketing support
  • Comprehensive and proprietary software
  • Personal coaching by experienced professionals
  • National account associations and lead generation 
There are trillions of dollars of existing insurance policies; a percentage of them will always want to sell out for cash.  Life settlements is a growing multi-billion dollar industry, making now a great time to get involved.

For more information, Click here 
Or call 800-401-9154
Firestorm
Cash Needed: $55K
Total Investment: $75K-$135K 
Total Locations: 15
 
Firestorm is a national leader in crisis management, vulnerability analysis, risk mitigation, and business continuity.  The Firestorm mission is to build strong Disaster Ready People and Disaster Ready Businesses by assisting organizations in developing a culture of preparedness, so they are ready to respond when disaster strikes. 

The Firestorm PREDICT.PLAN.PERFORM. methodology, along with an expert staff, allow client organizations to implement  comprehensive preparedness programs, which align with, or exceed, industry best practices.  In addition, Firestorm helps its clients protect employees, assets, revenue, brand and reputation, and ultimately, the value to all stakeholders.
 
Firestorm has developed step-by-step processes, tools, procedures and plans for franchisees to market to companies and assist these companies in planning for and managing disasters and crises.  Firestorm brings credibility, references, potential national account opportunities, and a fast-start process to help franchisees generate immediate sales.

If you are seeking a professional consulting and training business opportunity that will put your experience and contacts to work, Firestorm can show you how preparedness can create opportunities for you and help others. 
 
For more information, Click here 
Or call 800-401-9154
Pigtails and Crewcuts
Cash Needed: $25K
Total Investment: $94K-$168K
Total Locations: 41                       

Pigtails & Crewcuts is a children's hair salon which offers an exceptional haircut experience, as well as beauty products and services, to children up through the age of twelve years old.  Every location has a private party room where they host kids' themed birthday parties such as superhero parties, tea parties and even spa parties.  Each Pigtails & Crewcuts salon is designed to provide the highest quality haircuts for the discerning parents.  Children are attracted to the bright inviting environment, entertained by a train table, toys, video games and the latest movies at each station where they receive the best service from the most child-friendly staff in the industry.



New franchise owners will receive expert site selection assistance and pre-opening support, extensive marketing and operational support.  They will also benefit from a group of franchise owners who share ideas and information with each other regularly.

A Pigtails and Crewcuts franchise offers many benefits, such as:
  • Low entry cost
  • Complete marketing & collateral package
  • Turn-key package
  • Extensive owner/employee training
  • Reduced hours of operation
  • Location design team
  • Ongoing support
  • Complete equipment and inventory start-up package
  • Simple inventory distribution & maintenance system
Pigtails & Crewcuts' philosophy is simple: They want kids and parents to enjoy themselves.  Their brightly colored salons, friendly franchise owners and salon staff make that possible for their satisfied customers.  Pigtails & Crewcuts offers an excellent franchise opportunity to nearly everyone.  Whether you're a mom returning to the workforce or an entrepreneur investing in multiple salon locations, this may be the right opportunity for you.

For more information, Click here 
Or call 800-401-9154
Ben & Jerry's
Cash Needed: $100K
Total Investment: $164K-$486K
Total Locations: 260                            
  
Ben & Jerry's was first opened by Ben Cohen and Jerry Greenfield in Burlington, Vermont on May 5, 1978.  In the year prior, Cohen and Greenfield completed a correspondence course on ice cream making from Pennsylvania State University's Creamery.  Cohen has severe anosmia, a lack of a sense of smell or taste, so he relies on "mouth feel" and texture to provide variety in his diet.  This led to the company's trademark chunks being mixed in with their ice cream.

Ben & Jerry's operates on a three-part mission that is the core to their business.  Their Product Mission drives them to make fantastic ice cream.  Their Economic Mission requires them to manage their company for sustainable financial growth.  Their Social Mission calls them to use their company in innovative ways to to serve the common good.

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Ben & Jerry's offers three different types of franchise businesses:
  • Full size shop: 700-1200 sq. ft.
  • In-line scoop shop: 450-650 sq. ft.
  • Kiosk: 100-200 sq. ft.
If you are looking for an opportunity to own a business that puts smiles on people's faces, serves a phenomenally popular product, and values the importance of having fun, giving back, and getting involved in the community, then Ben & Jerry's may be the business you're looking for.

For more information, Click here
Or call 800-401-9154
Coyote Ugly Saloon
Cash Needed: $250K
Total Investment: $500K-$1M
Total Locations: 21                                  

The original Coyote Ugly Saloon opened on January 27, 1993 in New York City by Liliana "Lil" Lovell.  The Coyote Ugly legend began when "Lil", a 24-year-old Wall Street apprentice-turned-bartender, started gaining notoriety for her antics on the bar as well as behind it.  Tired of working for other people, she was ready to make her move.  The plan was simple: open her own bar, make money, and have fun doing it.  Determined not to let anyone or anything get in her way, she drew up a business plan: beautiful girls + booze = money!



Coyote Ugly Saloon has over 22 years of business experience, 21 locations worldwide, a blockbuster movie, three seasons of a reality show on MTV's Country Music Television, and is ready to expand all over the globe.  Coyote Ugly Saloon is actively seeking highly qualified franchisee partners with prior restaurant experience,  sufficient financial resources, and knowledge of their development area to grow along with them.

Coyote Ugly Saloon's training process for their new franchise owners includes training at one of their corporate sites to experience all aspects of the saloon, from the choreographed dances to the back-of-house tasks, such as inventory and bookkeeping.  The training team will also visit the franchisee's new location to assist in the "Coyote Search" and training of the team leading up to the grand opening.  Are you ready to be a franchise partner with the most famous bar in the world?

 
For more information, Click here
Or call 800-401-9154
MasterWhat is an Area Representative or Master License? 
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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.
For more information, 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 the number below. 

Sincerely,
Dave Struck 

Dave Struck

Founder/Consultant

Quest Franchise Advisory Group
Direct: 770-910-7767 ext. 101

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 Helping You Find The Right Business

 

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Big $avings for U.S. Veterans
As a way of saying "Thank you" to our Veterans, many franchise companies offer our Veterans discounts on franchise fees ranging from 10%-50%. Some also offer discounted royalty fees of up to 50% for your first year in business. Call us and we'll be happy
to match you with a participating franchise.