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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.
Click here to learn more about using your retirement account and other funding options that are available.
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Cinnabon got its start in 1985, when the first location opened at the SeaTac Mall located just outside Seattle.
In 2004, Cinnabon was acquired by Roark Capital Group. In that same year, Cinnabon, along with Carvel, Seattle's Best, and Moe's, were spun off to create their own company, called FOCUS Brands.
There are Cinnabon locations all over the world, including Karachi, Pakistan, Cyprus, Azerbaijan, Curacao, Romania, and Cairo.
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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!
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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.
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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.
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Greetings!
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
800-401-9154
 
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Snapology 
Cash Needed: $35K
Total Investment: $35K-$65K
Total Locations: 23
Snapology was created by two sisters, Lisa and Laura Coe, who observed the love that their children had for creative play using building blocks and other materials that snap together. Snapology offers a mixture of interactive play-based programs for children ages 1-14 that teach STEAM (science, technology, engineering, arts and mathematics) concepts using building toys such as LEGO bricks, K'Nex, technology and other interactive mediums during their classes, camps, scouting events, birthday parties, playdates and customized events.
Snapology provides the tools necessary to operate and manage a thriving business. Spend four days with them to observe the successful operation of their Pittsburgh location. By the conclusion of your training, you'll have the knowledge, materials and education to sell and teach your first class. Snapology's model is based on collaborative principles; to grow and keep a leading edge using the combined input from all Snapology locations. Their flexible model allows your business to grow the way you wish, based on your personal goals.
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House Doctors 
Cash Needed: $55K
Total Investment: $89K-$128K
Total Locations: 47
House Doctors started in 1995 as a "first mover" in the professional handyman industry. Today, as well as offering professional handyman services, the company is again leading the way with the introduction of online scheduling, new product installations, and an increasing number of home improvement options for the growing "do-it-for-me" society. Whether you need a handyman to perform a minor task like repairing a leaky faucet or you need help with a more involved project such as remodeling a bathroom, no job is too large or too small for a House Doctors home improvement professional.
The House Doctors' small business model means that you can be home-based or located in a small commercial office/warehouse. As the population and housing stock ages, House Doctors' franchisees are offering more and more handyman and light remodeling services to commercial companies as well as the growing market of aging baby boomers and busy professionals who don't have the tools or the know-how to do the work themselves.
House Doctors' franchisees don't swing the hammer, they are managers who have a comfort with property repairs and light remodeling. If you feel you could manage a team in a growing niche, now could be the right time for you to consider partnering with House Doctors. Today, this franchise opportunity offers easy affordable entry to those looking for business ownership in a huge market that is growing.
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Experimac 
Cash Needed: $50K
Total Investment: $130K-$140K
Total Locations: 5
Experimac was started out of Jim Muir's garage, who wanted to offer customers top-of-the-line electronics equipment such as Apple products, but at an affordable rate. Jim began purchasing used electronics equipment such as computers, cell phones and tablets to buy, repair and sell. Jim opened his first retail location in West Palm Beach, FL in 2009. The store quickly became highly successful, so Jim asked his four sons to join the team in order to help provide the best service possible while developing long-lasting relationships with the customers.
Experimac is a one-of-a-kind concept. No one else specializes in selling pre-owned Apple products and accessories, making repairs, taking trade-ins, and selling software and system updates. New Experimac franchisees have the opportunity to get in on the ground floor with this innovative concept, selecting the best areas available and gaining local trust before others come on the scene.
Experimac is invested in their franchisees' success. To help franchisees achieve the greatest amount of success possible, Experimac offers industry-leading training, support through regional offices, assistance with marketing techniques, the advantage of mass purchasing power, a location-specific website, the guidance of the concept structure, and industry know-how.
Experimac franchisees don't have to be tech industry experts, as franchisees receive extensive training and support. Franchisees attend a two week training course in West Palm Beach, FL during which time Experimac support teams begin to set up the new franchise location. Upon completion of the training course, franchisees travel to the new location to begin operations and receive on-the-job training. Experimac support teams help franchisees hire employees, set up their franchise location, and begin operations while providing advice and guidance to ensure the franchisee's success.
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Virgola 
Cash Needed: $50K
Total Investment: $155K-$242K
Total Locations: 1
Virgola - Oysters & Italian Wine Bar specializes in fresh, raw oysters and offers a variety of crudo, caviar and imported salami & cheeses. Virgola features an exclusively Italian wine list which is highlighted by their own Virgola Prosecco & Virgola Spumante Rosè.
Virgola is a unique dining experience established in Manhattan's Greenwich Village that is expanding its business operations by offering franchises throughout the United States. Twenty years in the restaurant industry led the owner, Joseph Marazzo, to create a distinct oyster bar concept that has gained local and national media attention. While vacationing in a coastal town near Rome, Joseph was inspired by his first serving of oysters. When he returned home, he was determined to build a place where he could recapture his experience on the beach, even if in a dramatically different setting. He discovered and personally restored an 1800's alley in the heart of Manhattan's Greenwich Village, where he opened Virgola - Oysters & Italian Wine Bar.
Virgola's innovative cocktails and exclusively Italian wine list, takes you on a tour of Italy. Affordably priced oysters, for which Virgola has become known, accompany selections of crudo, caviar and imported Italian specialties - all carefully curated and produced in a heat-free kitchen.
Initially one of Greenwich Village's best kept secrets, Virgola's success has led Mr. Marazzo to franchise the Virgola - Oysters & Italian Wine Bar concept nationwide.
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Tom+Chee 
Cash Needed: $500K
Total Investment: $401K-$833K
Total Locations: 5
Tom+Chee is the grilled cheese and tomato soup shop for the kid at heart, mixing classic comfort food with fresh ingredients, healthy alternatives, and a flair for the unexpected. From the vegetarian Hippy Chee to the offbeat Grilled Cheese Donut, Tom+Chee offers limitless grilled cheese sandwich combinations, fresh salads, along with tomato soups, daily soups and seasonal favorites like gazpacho and blue cheese chili.
Tom+Chee roasts their own meats and makes their dressings, sauces, and spreads from scratch. They also offer gluten-free bread, vegan cheese, vegan/vegetarian soups and make their basil pesto with sunflower seeds (perfect for people with tree-nut allergies). Tom+Chee goes the extra mile to serve all customers food that is awesome and fresh. Spotlighting quality ingredients and friendly customer service, Tom+Chee founders have grown this quirky grilled cheese business from a tiny food tent on a public square in Cincinnati, OH to a rapidly expanding franchise empire thanks to TV exposure and an investment deal on ABC's "Shark Tank." Their Grilled Cheese Donut has been featured on ABC's "The Chew", Travel Channel's "Man v. Food Nation" and was named one of America's best new sandwiches by NBC's "Today" show. The 2013 Brand Innovators Made in America Summit named Tom+Chee one of "25 Brands to Watch". Tom+Chee Worldwide is seeking highly motivated and experienced franchisees to help expand their brand of fun, exciting grilled cheese around the world. They are seeking Area Representatives and multi-unit franchisees who are committed to maintaining a clean store, offering a family-friendly environment with great customer service, and serving awesome grilled cheese and soups.
For more information, Click here
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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 the franchise, the size of the population and the geographic area.
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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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