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.
A&W Restaurants was founded in 1919, making it the oldest food franchise in the country.
The company name was taken from the surname initials of partners Roy W. Allen and Frank Wright.
Today,there are more than 1,200 A&W restaurant locations, 350 of which are international stores in ten countries and territories.
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
Liberty Tax Service
Cash Needed: $10K
Total Investment: $55K-$71K
Total Locations: 4,400
Liberty Tax Service started in Canada on September 1, 1997 when CEO, John Hewitt, acquired a Canadian tax franchisor - U&R Tax Depot. In 1998, the company became Liberty Tax Service and opened five offices in the United States. Today, Liberty Tax Service is headquartered in Virginia Beach, VA and continues to expand nationwide offering personal income tax service and more.
The knowledge of the management team and headquarters staff totals over 600 years of tax and franchise industry expertise; a powerful resource that's helped them developed their systems, training programs, and marketing strategies. One of the things that make Liberty Tax Service unique is the amount of support that they offer their franchisees.
Liberty Tax has consistently been recognized as a leader among all franchises. They have been awarded a top spot among franchises by magazines such as Black Enterprise, Poder/Hispanic Enterprise, and Military Times Edge. Accounting Today named Liberty Tax Service to its "Top Tax Firms" list in 2010 and in 2011. They have also been ranked as one of the top franchise opportunities on Entrepreneur magazine's annual Franchise 500 every year from 1998 to 2012.
Cash Needed: $28K
Total Investment: $65K-$85K
Total Locations: 13
Totally Nutz was founded by Yvette and Matt Barker. Both Yvette and Matt were marketing executives who drew tired of the rat race and started looking for their "next big thing." Under the name Barker's Olde Fashioned Almonds, they started roasting Cinnamon Glazed Almonds in 1990 and began selling their product at various festivals and fairs. Over the years, their customers would tell them how much they enjoyed their product and wished more variety would be offered. Yvette and Matt started experimenting and came up with several delectable flavors and varieties. In 1992, they changed the name to Totally Nutz and launched their franchise opportunity in May 2014.
Totally Nutz offers their franchisees two business models. The Venue Package is their mobile option for venues like fairs, professional sports stadiums, arts festivals, or farmers markets. They also offer their Kiosk Package, which is a semi-permanent set-up, ideal for mall locations, stadiums or transportation hubs.
As a new Totally Nutz franchisee, you will receive five days of intensive (and fun!) training at their St. George training facility. You will also receive periodical follow-up training, site visits, and a company conference that's held every two years.
If you are energetic, hands-on, and enjoy the process of building your own business as much as interacting with your customers, Totally Nutz may be what you're looking for!
Repicci's Real Italian
Cash Needed: $50K
Total Investment: $155K
Total Locations: 50
Repicci's Real Italian comes from authentic Italian roots. When Dominic Francesco Repicci immigrated from Messina, Italy to America in 1911, he brought his family's Old World recipe for Italian Ice. At first, Dominic only shared his family's delicious Italian treat with friends and neighbors in South Philadelphia. It wasn't long before Dominic found himself busy producing his family's unique
product to meet an overwhelming demand.
In 1998, Dominic's grandson, Frank, continued his grandfather's passion for offering quality Italian treats, when he opened a manufacturing plant in Tennessee. The popularity of Repicci's Italian Ice grew so rapidly throughout the Southeastern United States that Repicci's began franchising in 2005. In 2014, Repicci's added mobile trailers to their franchising model.
Repicci's offers new franchisees the opportunity to own a business, selling delicious Real Italian Ice, Gelato, Italian-Roasted Coffee and Hot Chocolate at events of all kind - from fairs and festivals to sporting events, rodeos, reunions and even weddings.
Their latest platform, a 2015 Mercedes Sprinter, is fully equipped and Health Department-approved, serving fresh hand-scooped frozen desserts as an upscale mobile ice cream shop. Being mobile, no events are too large or too small. The future of Repicci's lies in technology - they offer mobile text marketing to provide their customers with up-to-date offers, specials, new flavor alerts, and even their trucks' locations.
Join the "hot" mobile food truck category with the coolest products, while serving in air conditioned comfort. Repicci's Real Italian has practically eliminated the prep and clean-up time that most food trucks operations have, allowing you to spend more time on generating revenues.
All About People
Cash Needed: $300K
Total Investment: $300K
Total Locations: 47
All About People is an Arizona-based recruiting and staffing firm that works with companies in the areas of leadership, marketing, administrative/clerical support, sales, Human Resources, Information Technology, accounting, legal, banking and finance for Fortune 500 companies, mid-size and small businesses. Since 2002, they have been putting people first, helping them find their power, and guiding them through the process of bettering their careers, bettering their businesses and bettering their lives.
As a new All About People franchisee, you will receive training and ongoing support along with the systems you need to develop and grow a staffing and recruiting territory that encompasses approximately 30,000 jobs. You, along with the team that you build, will source the best talent while you promote and sell your services to companies and their hiring managers. You will serve your client companies by understanding their staffing and hiring needs and making recommendations about market trends around competitive compensation plans, labor pressure, etc..
All About People is ramping up their development efforts and actively talking with potential franchisees who are looking for a business with purpose. Ideal franchisees possess a sincere desire to help career seekers and companies through what is often a pivotal time - either finding their next career step or bringing someone new on their team.
Cash Needed: $350K
Total Investment: $428K-$866K
Total Locations: 11
OrthoNOW is an orthopedic urgent care center that was created by a group of orthopedic surgeons in South Florida to offer a total orthopedic solution to patients on a walk-in basis. OrthoNOW believes that patients shouldn't have to choose between the quality of care for a better waiting room experience or compromise your time for higher quality of care. At OrthoNOW, every patient can be assured that their injury will be treated by a specialist delivered in a stress-free, upscale environment.
OrthoNOW is the first and only orthopedic franchise in the nation offering upscale, immediate care exclusively dedicated to treating orthopedic and sports medicine injuries like fractures, sprains, concussions, and dislocations - all without an appointment. They
are dedicated to helping their new franchise owners succeed by offering an extensive training program that is conducted at their headquarters in Miami, FL by their professional team with years of experience in operating their own OrthoNOW center. Franchise owners will also receive ongoing refresher training programs which will continue to help them become familiar with modern advertising and marketing techniques.
OrthoNOW has a professional team of graphic designers and marketers that provides their franchise owners with ready-to-use marketing and advertising materials such as:
- Pre-opening and Grand Opening ads
- OrthoNOW mobile App for Android and iPhone
- OrthoNOW logo imprinted fiberglass cast material, splints, camwalkers, and slings
- Promotional banners
- Email marketing
- Direct mail campaign
- Variety of posters, print, radio, and TV ads
- Variety of promotional products: refrigerator magnets, phone holders, sports bottles, etc.
If you are ready to get involved in the rapidly growing healthcare market and start a turn-key business in one of the most unique, exciting and fastest growing fields in the industry, then OrthoNOW is the answer 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.
|This Month's Featured Resale
Mr. Electric - Austin, TX
Opened January 2004
2015 Gross Sales = $1,173,789
Most franchise systems offer resales. To find out what's available in your area, send me an email with your city, state, and zip. email@example.com
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 firstname.lastname@example.org
Our Business Is Helping You Find The Right Business