|
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.
|
|
|
Fun Facts
|
|
The first QuikTrip (QT) was opened in 1958 in Tulsa, OK by Burt Holmes and Chester Cadieux.
In 1977, QT introduced the first fast food module with the revolutionary idea of customers serving themselves.
Today, there are 953 QuikTrip locations across the U.S..
|
|
|
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!
|
|
|
|
Buyer Checklist
|
|
|
| 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 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
|
|
BookATailor 
Cash Needed: $39K
Total Investment: $33K-$48K
Total Locations: 15
BookATailor is the only vertically integrated men's custom clothing company that is nationwide today. The suit industry can be split into two price segments: the $1500 high-end custom suits and the cheap fused $100-$500 off-the-rack suits. BookATailor has managed to make that high-end custom suit affordable for the retail consumer at an opening price point of only $450. BookATailor does the same with custom button down shirts, offering them for as low as $99.
BookATailor has identified the common obstacles in the custom clothing industry and is the only company that has managed to eliminate them by having full control and live data at all times.
- Communication with the supplier - BookATailor has their own production facility in Bangkok, Thailand with over 100 master tailors working full time to fulfill orders.
- Quality Control & Consistency - BookATailor has built a state-
 of-the-art reverse quality control that does not allow a garment to pass until it has been hand-inspected and passed through a series of random questions before it is packed to be sent out. At the same time, they store every customers account profile in their database insuring a consistent fit on their clothing.
- Turnaround time - BookATailor's tailors work hard to deliver their product at a cutting-edge industry time - under 4 weeks.
BookATailor operates and sells out of three concepts:
- Retail store - Locations with heavy foot traffic
- Office Showroom - Requires lower overhead than retail store
- Kiosk model - Placed in malls and shopping centers
If you have a passion for sales and excellent customer service along with
retail experience then BookATailor may be the right franchise for you.
|
Baby Power Forever Kids 
Cash Needed: $30K
Total Investment: $110K-$150K
Total Locations: 2
Baby Power Forever Kids has the most progressive parent/child enrichment programs available in today's market. Their programs are designed to promote the physical, emotional and intellectual growth of each child while also building confidence.
What makes Baby Power Forever Kids different from the others?
- Their curriculum was designed specifically for the different age groups
- The children are grouped only four months apart in each class
- They use state-of-the-art gym equipment with some pieces that custom-made for Baby Power Forever Kids
- They own their own proprietary music
- Music and instruments are used for every class to strengthen memory skills
Baby Power Forever Kids offer many different programs and multiple streams of income:
- Classes for 6 months - 2.5 years old with parent/caregiver: Baby Power, Baby Yoga, Baby Sign, Baby Massage, and more
- Classes for 3 - 6 years old without parent/caregiver: Preschool Enrichment Program, Singing Chefs, Lab Coat Kids, and more
- Children's Camps: Summer Camps, Holiday Camps, etc.
- Children's Birthday Parties
- Children's Education Products
There are an estimated 25 million children under the age of five in the U.S.. That number is estimated to reach 35 million within the next 12 years. This is a billion dollar industry where parents sign up their children for fun, instructional and learning programs. Why not become a part of it now?
|
DreamMaker Bath & Kitchen 
Cash Needed: $50-$80K
Total Investment: $96K-$259K
Total Locations: 36
DreamMaker Bath & Kitchen is a full-service interior home improvement franchise that helps remodelers have the ability to earn higher profits while also improving their quality of life. DreamMaker does it by providing business systems, vendor relationships, financial and pricing systems, group buying power, marketing tools, training, coaching and fellowship. DreamMaker started out as part of The Dwyer Group, which has decades of experience helping plumbers, electricians, landscapers and others build successful franchise businesses. The Dwyer Group has a long franchising history that was established by the late Don Dwyer Sr., who started the International Franchise Association's VetFran program.
DreamMaker franchise owners receive extensive training on how to use DreamMaker's systems to run a successful remodeling business, and they also receive ongoing coaching and other learning opportunities. New DreamMaker owners receive a pre-training manual as well as coaching to help them with the basics of starting a new business. They also receive seven days of initial training at DreamMaker headquarters in Waco, TX, where Doug Dwyer, the President, and other members of the DreamMaker team work with the franchisees on how to start a remodeling business, to set targets and goals for their business and their life, and help them understand how to build a healthy culture within their company.
DreamMaker knows how to start a remodeling business, with their carefully designed systems, procedures, coaching and training help new remodeling businesses grow and existing remodelers reach a new level of personal and professional success.
|
Aloha Poké Bowl 
Cash Needed: $70K
Total Investment: $235K-$475K
Total Locations: 5
Aloha Poké Bowl is a restaurant that serves locally crafted poké. At Aloha Poké Bowl, passion is the most important ingredient and they bring you the beauty of raw fish flavors in every bite.
Aloha Poké Bowl is not your typical mom-and-pop restaurant; it is an upscale, ultra-modern establishment that presents a "WOW" effect the minute customers walk into their casual dining environment. New franchise owners can choose between a 1,200-1,500 square foot smaller concept to the "full boat" 3,000 square foot restaurant - both options offer beer and wine. Aloha Poké Bowl restaurants display stunning decor with an Hawaiian flair.
New Aloha Poké Bowl franchise owners receive:
- One week of online, interactive training at home
- Five days of Pre-Opening and Opening Training at franchise location
- Three to five days of "live" Apprenticeship Training at their corporate restaurant in Los Angeles, CA
On-going support includes:
- Calls and visits from assigned Regional Franchise Consultant
- On-going training and customer service programs
- Advertising, Marketing, Social Media Presence, and Sales Assistance
Aloha Poké Bowl's two founders, Richard Gottlieb and Tobi Miller, have incredible credentials in the business (QSR and Real Estate), sports (Race Car Driver), and the music world (Founding member of The Wallfowers) and have a passion for growing the Aloha Poké Bowl brand across the North America and internationally.
|
Peoples Organic 
Cash Needed: $500K
Total Investment: $800K
Total Locations: 7
Peoples Organic celebrates the simplicity of nutritious and organic food, pure water and healthy beverages. They practice sustainability and support their local & organic farmers. They believe that fresh pure ingredients create the most memorable and nurturing meals. Their healthy menu includes vegetarian, vegan & gluten-free options packed with nutritious, good-for-you vegetables, whole grains and proteins, without sacrificing flavor.
 Peoples Organic offers their guests their own Peoples Organic's still or sparkling pure water. Their state-of-the-art purified water is used to brew their coffee and is used in their kitchen for the preparation of their food, improving the quality and the taste. They pay close attention to the seasons & support their local organic farmers which allows their cafe to be 100% natural, non-GMO, and over 50% organic.
Peoples Organic creates a welcoming gathering place for everyone. Even if you come alone, you don't feel alone because it's a friendly and intimate environment with positive energy exchanges.
Peoples Organic believes in supporting the community, in caring for their local economics, education and health. They believe a strong community benefits the individual, the community and the greater society. They also believe that supporting their community leads to happier and healthier lives, as well as building a strong community helps create a more staple and supportive society.
|
What is an Area Representative or Master Franchise?
Some franchises have opportunities known as Area Representative or Master Franchise. An Area Representative Franchise involves the development of a geographic region that can be as small as a single city or as large as an entire state; while a Master Franchise is 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 
Bennigan's
Panama City, FL
$650,000
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 protected]
|
|
|
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
[email protected] www.questfran.com We hope you find our newsletters informative and invite your suggestions and comments by emailing [email protected] Our Business Is Helping You Find The Right Business   
|
|
|
