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.
Sonic started as a root beer stand and was originally named "Top Hat".
Sonic offers 168,894 different drink combinations.
Sonic Beach in Miami, FL is the only Sonic location that offers beer, wine, and even Dom Perignon.
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
Above Grade Level In-Home Tutoring
Cash Needed: $40K
Total Investment: $50K
Total Locations: 20
Above Grade Level provides an internationally proven in-home tutoring and academic enrichment program based on over 25 years of experience in assisting students with Mathematics, English and many other subjects. They work with students who want to maintain good grades, need challenging enrichment programs or are experiencing difficulties at school. Above Grade Level offers highly-qualified tutoring programs in a wide variety of topics from kindergarten and high school up to the college level.
The Above Grade Level franchise offers an opportunity to work from home, with a flexible schedule, organizing one-to-one tutoring that takes place in the student's home. This opportunity is for the individual who enjoys working with people and helping students to reach their potential through education.
As an Above Grade Level franchise owner, you will enjoy:
- Simple, effective systems for tutoring, marketing, sales and operations
- Extensive, proprietary curriculum, customized to the educational requirements of each student
- An exclusive and protected territory in your community
- A proven, time-tested business model proven to attract and retain students
- A low overhead model with no store front, no rent and tremendous growth potential
Above Grade Level consists of a team of over twenty international educators and over $1.5 million in development - it's so effective, it's guaranteed!
Eye On Your Home
Cash Needed: $27K-$72K
Total Investment: $27K-$72K
Total Locations: 1
Eye On Your Home is a Property Management company for homes in North Carolina. Their Home Watch, Concierge Services, Estate Management, Real Estate Maintenance and Cleaning Service offers support to owners of a vacant home. They are the leader in the second home property care and management business; specializing in watching over and caring for second homes for absentee owners. This is a very large market with thousands of second homes across the nation.
The Eye On Your Home franchise offers driven entrepreneurs the perfect opportunity to grow and to get involved with your community with the benefits of personal freedom.
As an EOYH franchisee owner, you will be able to start your new business with an extensive training program, an effective marketing and operations system, and an already established and desirable name and trademark. EOYH has the experience and industry insight necessary for entrepreneurial success and want to pass it on to you.
Eye On Your Home is ready to help you become a franchise owner providing peace of mind and service to homeowners. Join the property management industry with a business model that has flexibility, profitability and gives enormous value to your customers.
The Grounds Guys
Cash Needed: $15K-$25K
Total Investment: $40-$140K
Total Locations: 203
The Grounds Guys is the newest service franchise opportunity in the landscaping, lawn and garden, lawn care industry. It's a new name in the U.S., but comes with more than 20 years of landscaping franchise experience in Canada. And, like the other great franchise opportunities from The Dwyer Group, it comes with all the systems, training, support and tools you need to create a profitable service franchise business. As a full service grounds care company, their established systems allow them to deliver industry-leading solutions to commercial and residential clients. Built on a family tradition of caring, The Grounds Guys are driven by a passion to exceed the expectations of their customers.
As a The Grounds Guys franchisee, you will provide commercial, residential and municipal property maintenance and landscaping services such as:
- Snow removal services
- Junk, trash and debris removal
- Landscape design
- Horticultural services
- Sod installation
- Lawn and vegetation fertilization
- And much more
At The Grounds Guys, they understand you have many options when it comes to choosing a path to business ownership. They truly believe that The Grounds Guys has the absolute best resources to help you succeed in reaching your financial, professional, and personal goals.
Taste of Mediterranean
Cash Needed: $100K
Total Investment: $99K-$275K
Total Locations: 19
Taste of Mediterranean offers a fast food, casual dining experience with an open kitchen concept that allows guests to watch their meals roasting on their Shawarma spit - all meals are made right in front of them. They offer a Greek and Middle Eastern Menu and their most popular items are their Lebanese Shawarma and Greek gyro. They have several pita sandwiches, assorted salads and appetizers, combos and several platters. But what brings customers back, day after day, is their mouthwatering special homemade garlic sauce!
As a new Taste of Mediterranean franchise owner, you will receive:
- Complete training
- Site selection assistance
- Lease negotiation assistance
- Store set up
- Marketing plan to suit your area
- Financing assistance
If you are interested in owning an exciting new restaurant concept that serves delicious meals from the healthy Mediterranean Diet, Taste of Mediterranean is it!
|My Pie - Pizza Your Way
Cash Needed: $200K
Total Investment: $185K-$546K
Total Locations: 7
The My Pie Story: It was spring of 2012 and three guys from the east coast were thinking about how they were going to grow their Italian Pizza Restaurant concept - Crust. At that point, Crust already had the makings of a growing restaurant group with locations in Phoenix and Scottsdale. They also had MLB partnerships with the Arizona Diamondbacks and Colorado Rockies, a location in the Phoenix Convention Center, and a retail line that is anchored by their homemade Kurt Warner Marinara Sauce. So the question became .... what's next?
One day, one of the partners found himself in Chipotle choosing between hormone-free chicken and beef, and suddenly he saw sausage and pepperoni. The idea of fast casual pizza immediately came to mind and My Pie - Pizza Your Way was born. The guys knew they wanted their new concept to follow in the footsteps of their sister restaurant by using homemade recipes, authentic New York inspired pizza and strong family values. They also wanted it to incorporate some of the new, modern culture.
My Pie is truly a modern classic. It is a place where guests have the opportunity to custom build their own dining experience using authentic Italian recipes served New York fast. My Pie makes its own dough and sauces daily from scratch. They procure the freshest vegetables and the highest quality meats, and then bake them in an 800 degree oven for two minutes. The My Pie guys are simply passionate pizza people who have figured out how to create an authentic New York-style Italian pizza in a New York minute.
What Makes My Pie - Pizza Your Way Different?
NY Style - Distinguished by quality ingredients and flavor, it's an art form for real New Yorkers, passed down from generations. With homemade recipes and strong family values, you can taste the passion put into each pie. My Pie brings the flavor of New York right to your neighborhood, all in a New York minute.
NY Fast - New York is about convenience and speed. My Pie gives guests the ability to custom build their own pizza and have them watch it cook in just two minutes in their Neapolitan style 800 degree "Wave Oven".
NY Heritage - My Pie's family values have been passed on through generations. The same loyalty found in its culture is found in its guests. Their employee team is a tight family, proud to serve a great product and happy to do it. It's easy for guests to see the quality in the pie and the people serving it.
|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
Glass Doctor - Newport News, VA
Opened July 2006
2015 Gross Sales = $772,810
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