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.
The Joint was originally founded in 1999 by a chiropractor who wanted to make routine chiropractic care more convenient, friendly and affordable.
In March 2010, The Joint started franchising their concept.
Today, The Joint has grown to a nationwide network of more than 280 clinics and counting.
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
Senior Care Authority
Cash Needed: $48K
Total Investment: $49K-$68K
Total Locations: 10
Senior Care Authority is a national network of professional senior
placement agencies providing personalized assistance to families in
locating the best senior living and care options for their loved ones. Senior Care Authority makes the process of looking for assisted living and other care services go smoother and easier by saving their customers time, money, and added stress; all at no cost.
The growth in the number of senior care businesses to meet the demand of our aging population is staggering. Senior Care Authority has developed a business model and full support system to assist families in finding the best options for their parents and other loved ones to live and receive the proper care. This system is proven and can be operated from home with very little overhead. Senior Care Authority has a self-paced, online training program, ongoing personalized coaching and site visits in order to get the business up and running in a cost-effective manner.
As a Senior Care Authority franchisee, you will have complete support and guidance in every aspect of operating your business. This is handled through their weekly conference calls, webinars, daily support and onsite visits from the corporate management team.
Cash Needed: $25K
Total Investment: $75K
Total Locations: 176
Mr. Appliance is North America's leading home and commercial appliance repair franchise system. Established in 1996, their franchises provide full-service home appliance repair and light commercial appliance repair services. They have more than 150 locations throughout the United States and Canada and are consistently ranked among the top home service franchises by Entrepreneur magazine and other industry experts.
The first franchise company of its kind, Mr. Appliance targets the high-demand appliance repair industry. Mr. Appliance specializes in the service and repair of all brands of major household appliances. Leaning toward the higher-end, upscale home appliances, Mr. Appliance is the best path for an entrepreneur into this $2.7 billion industry. Mr. Appliance brings the professionalism back into this industry with well-trained service professionals.
A new franchisee can start from the home and then work into a small office/warehouse location as the business grows in size and employees. The support from their World Headquarters is ongoing and includes franchise systems managers that will visit the franchisee locations to help both office and field personnel with continual polishing of their relationship building and business skill sets.
Rainbow International Restoration
Cash Needed: $70K
Total Investment: $150K
Total Locations: 400
Established in 1981, Rainbow International Restoration offers home restoration, commercial restoration and carpet cleaning services through their 400+ locations worldwide. Their restoration services cover fire damage restoration, water damage restoration, mold removal, smoke damage restoration, and more; 24-hours a day, seven days a week.
With over 30 years of experience, Rainbow International Restoration is one of the best-known and most respected names in the industry. As an added bonus, Rainbow has built strong relationships with many of the largest insurance companies; these relationships help drive more business to their franchisees.
As a Rainbow International Restoration franchisee, your marketing strategy is already in place. Your home office marketing team saves you time with guidelines already established for web presence, advertising, social media, and local and national business marketing. You will have access to proven marketing resources, with a wealth of marketing knowledge and support behind you.
When you join the Rainbow International Restoration franchise team, you will have access to a wealth of resources that cover every aspect of running your own restoration business. Rainbow is dedicated to providing you with a host of support services to help your business thrive.
1000 Degrees Neapolitan Pizzeria
Cash Needed: $150K
Total Investment: $300K
Total Locations: 16
1000 Degrees Neapolitan Pizzeria is a fast-casual spin on authentic, hand-tossed Neapolitan Style pizza. They offer over 50 of the finest meats, cheeses and freshest veggies plus 10 different sauces to choose from. 1000 Degrees also offers a fantastic "shop favorites" pizza menu that also includes fall-off-the-bone fire-roasted wings, fresh salads and more.
If you are looking to join one of the most exciting new franchise concepts in fast-casual pizza, 1000 Degrees Neapolitan Pizzeria franchise may be the right fit for you. 1000 Degrees offers great tasting pizza that is cooked in a 1000 degree custom Neapolitan oven and fired to perfection in just two minutes.
At 1000 Degrees Neapolitan Pizzeria, their commitment to excellence focuses on two important goals:
1. Provide the best possible pizza. Their oven is the only one in the world to produce true Neapolitan Pizza in two minutes, without using coal or wood. They use artisan ingredients including the highest quality real "00" Neapolitan flour, Burke farms meats and Grande' brand cheeses; old world Neapolitan flavor coupled with the Northeast's delicious crust.
2. Provide the best possible customer experience. From entering their restaurant to ordering their pizza to enjoying their pizza, the customer experience is quite unique and memorable. The best quality products combined with the best customer experience assures that they build a loyal customer base.
1000 Degrees provides the support and guidance that is needed at every stage of the franchising process. Their founder has franchise experience and provides their franchise owners with both marketing and operations support. As a new franchise owner, you will receive training and support, assistance in finding your new location, advertising your new business, and much more. The 1000 Degrees team of support staff will be there to help you have a successful opening day and help you succeed from then on.
Cash Needed: $100K
Total Investment: $385K-$2.1M
Total Locations: 2
In 2005, the concept of Ivybrook Academy was developed by a first grade teacher, Jennifer McWilliams, as she became disenchanted with the lack of administrative help and poorly written curriculum that she was forced to teach her students every year. With her college degrees in Early Childhood Education and Elementary Education, she knew there had to be a better way. After taking three years off from work to develop the current curriculum and model, Ivybrook Academy opened its doors in August 2007 at the Weddintgton campus with nearly full enrollment on the first day of school. The Weddington campus has grown in size and capacity but has always maintained its status of being voted the #1 Half Day Preschool in the Charlotte, NC area. After seeing the overwhelming need and success of the first school, Jennifer's husband, Drew McWilliams, left his successful business career to solely focus on growing this company. This led to the planning, developing, and the opening of their second campus in Fort Mill, SC in August of 2011; which is now the prototype for future school campuses. This Fort Mill, SC school has an equally exciting success story of being nearly at full capacity and growing in size since opening day.
Ivybrook Academy provides comprehensive training programs for their franchisees and their staff. As a new franchise owner, you will receive 60 hours of training at their corporate headquarters, with additional training provided to your onsite staff before you open your academy. Additional training programs will also be available to you, your directors, and your staff throughout the life of your academy. Ivybrook Academy offers comprehensive support that includes routine onsite visits from your franchise support staff, an intranet-based resource portal and ongoing assistance for every
situation that you may encounter.
Ivybrook Academy is looking for people who are passionate about early childhood education and making a difference in every child's life that you come in contact with. Prior teaching experience coupled with a compassionate heart for children are important factors to have to ensure the success of your academy.
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.
|This Month's Featured Resale
Molly Maid - Oakland, CA
Opened in May 1998
2015 Gross Sales = $1,488,956
Most franchise systems offer resales. To find out what's available in your area, send me an email with your city, state, and zip. firstname.lastname@example.org
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 email@example.com
Our Business Is Helping You Find The Right Business