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.
Joe Gold first opened Gold's Gym in Venice Beach, CA in 1965; later dubbed the "Mecca of Bodybuilding".
Today, Gold's Gym serves more than 3 million members in 22 countries around the world.
Gold's Gym is the national fitness sponsor of the American Diabetes Association's Tour de Cure.
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, 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 that we work with.
Our Business Is Helping You Find The Right Business
Naturals2Go Healthy Vending
Cash Needed: $20K
Total Investment: $20K-$126K
Total Locations: 320
CareBuilders at Home
Cash Needed: $40K
Total Investment: $69K-$99K
Total Locations: 12
CareBuilders at Home is an "All-Inclusive" Senior Care Franchise providing home assessments, 24/7 monitoring, personal care, private pay skilled nursing care and transition planning services. CareBuilders is
the nation's premier one-source home care solutions provider and the industry's most unique and comprehensive approach to managing the ever-changing needs of seniors and their families.
CareBuilders at Home is the only senior care franchise that provides its franchisees with complete back office support, including payroll funding and processing, billing of accounts, and collection of receivables. CareBuilders is also the employer for all of their franchisees' direct care staff and assumes all employer responsibilities for them. Their back office support saves their franchisees the time and money needed to operate a back office and reduces their administrative responsibilities and insurance costs; allowing their franchisees to focus on marketing and sales.
Other benefits of being a CareBuilders franchise owner include:
- Comprehensive training and support
- Large exclusive territory
- Reduced administrative responsibilities and operating costs
- Reduced employment responsibilities and costs
- Easy to operate business model
- Internet marketing solutions
- Internal resources
- Additional revenue opportunities
CareBuilders at Home is seeking professionals with a compassionate nature, management ability and strong sales, marketing and communication skills for their nationwide expansion.
Cash Needed: $75K
Total Investment: $125K-$150K
Total Locations: 10
The Junkluggers offers full service eco-friendly junk removal for homes and businesses including offices, retail locations, construction sites, and more. Since 2004, they have been providing their clients with a full line of reliable services and have continued to grow, serving a larger market with new trucks and additional well-trained crews from their corporate headquarters in New York City.
At Junkluggers, their mission is to save the Earth, one piece of junk at a time. By 2016, they aim to donate and recycle 100% of all items that they remove, setting the standard in the United States for eco-friendly disposal practices.
As a new Junkluggers franchisee, you will receive benefits such as:
- Training: Initial two day orientation and one week of classroom and infield training.
- Dedicated franchise coach: A coach who will make sure you feel fully supported to help you succeed.
- Marketing support: Help to design, plan and track the success of your digital and print marketing campaigns.
- Sales support: Hands-on training and support with building and maintaining relationships with key referral sources.
- Finance support: A full time, highly experienced finance manager will help you set up and manage your finances.
- Web-based proprietary software system: Powerful web-based software allows you to conveniently track, manage, and analyze all aspects of the business from any location.
- Experienced support staff: A team of highly committed, hands-on members to support you in all aspects of the business.
- Centralized call center: A team of friendly, reliable and well-trained representatives that answer calls and schedule appointments seven days a week.
- Full branded open body dump trucks: Their signature neon green trucks are easily recognizable and fully customized to cater to the needs of the junk removal industry.
No prior junk hauling experience is needed to become The Junkluggers franchisee. Their existing franchisees come from varied backgrounds ranging from finance to non-profits to politics. They have an extensive training program that will prepare you to generate revenue and have an immediate positive impact on your community.
Cash Needed: $50K
Total Investment: $225K
Total Locations: 122
With over 20 years of experience, SpeedPro Imaging is the nation's leader in large format imagery. They specialize in a variety of high quality products including wall murals, event graphics, tradeshow displays, vehicle wraps, and window graphics. Through extreme resolution levels and unparalleled quality standards, SpeedPro Imaging takes visual communication to the next level.
SpeedPro Imaging's business model is a balance of B2B sales and light manufacturing. They provide their franchisees with proprietary software for CRM, pricing, workflow, marketing and operational support; that means your business has the technological and training support it needs to meet customers' expectations.
No prior experience in printing or graphics is necessary to be a successful SpeedPro franchisee. SpeedPro's experienced team of trainers will guide you through every step of operating your own studio. Their step-by-step kick start solution encompasses everything from obtaining your business license, finding a location, and getting your turn-key start-up package installed and operational. They also provide a robust sales & marketing program to help you begin to grow your business before your doors are even open.
|MidiCi The Neapolitan Pizza Company
Cash Needed: $200K
Total Investment: $502K-$600K
Total Locations: 2
MidiCi (pronounced mee-dee-chee and means "you tell me" in Italian) The Neapolitan Pizza Company is a fast casual restaurant that brings friends together. Their certified pizzaiolos (pizza makers) invite guests to select fresh, natural, non-GMO high quality ingredients to create their ideal Neapolitan pizza in the open, center-staged bustling kitchen, also known as "the heart". MidiCi's Neapolitan pizza has a combination of a chewy and crisp dough topped with all-natural ingredients, all baked to perfection in 90 seconds. Staying true to its Neapolitan heritage, the dough is made with only four fine ingredients - non-GMO double zero flour imported from Naples, pure water, sea salt and live yeast. The authentic and pure garnishes include - crushed non-GMO Italian peeled tomatoes, "white gold" buffalo mozzarella, fresh whole mozzarella and organic, non-GMO Italian extra virgin cold-pressed olive oil.
MidiCi also serves personalized Neapolitan appetizers (antipasto), fresh artisan burrata, fresh salads, brunch specials on weekends, wood-fire roasted coffee, a sommelier selected collection of white and red wines on tap, draft imported beers, and desserts - including authentic Italian gelato and a signature Nutella calzone, for a full experience.
MidiCi is led by the same team that quickly turned Menchie's Frozen Yogurt into the world's largest self-serve frozen yogurt franchise. Their vision is to make the world a friendlier place, and their mission is to bring friends together. With a love for people at the core of its conception, MidiCi serves authentic Neapolitan pizza as a delicious excuse to get together; believing a meal is better when shared with friends circled around the dinner table.
Why open a MidiCi The Neapolitan Pizza Company franchise? Because they offer their franchisees:
- 5-8 weeks of training at MidiCi Global Headquarters
- Ongoing support
- Quick ramp up
- Low inventory
- Desirable footprint size (2200-3800 sq. ft.)
- Serves high quality and healthier products
- Unique guest experience
The build-your-own pizza concept has become popular because it offers a compelling deal for customers and for business owners. Customers get to order a pizza that is just for them, so there's no need to negotiate over toppings. Business owners relish the opportunity to own a fun business where it's possible to earn more revenue per dinner - four people who might split a $20 pizza at another chain will each buy a $9 pizza.
MidiCi The Neapolitan Pizza Company is growing throughout the United States and is seeking entrepreneurs who are eager to grow the brand in their markets. Fast-casual pizza is a hot concept, and investors have an opportunity to define the marketplace in their cities and neighborhoods. If you have a passion for community, for creating great experiences, and for seizing opportunities, MidiCi may be perfect for you.
For more information, Click here
|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 the franchise, the size of the population and the 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