|
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 
| CPR - Cell Phone Repair was founded in Orlando, FL in 1996.
CPR offers same-day repair and refurbishing services for cell phones, laptops, gaming systems, digital music players, tablets, and other personal electronic devices.
CPR is the fastest-growing mobile repair franchise in North America and operates over 850 locations internationally.
| |
|
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.
|
|
We've helped many aspiring business owners, just like yourself, 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 expert assistance finding just the right business, we can help.
You are never charged a fee for our services. |
This Month's
Featured Franchise Category
Computer & Internet
|
|
CMIT Solutions 
Cash Needed: $150K
Total Investment: $95K-$127K
Current Locations: 240
CMIT (Completely Managed Information Technology) Solutions started as a small computer support company in Austin, TX in 1996. Over the past decade, they have grown into a leading provider of managed services and other computer consulting services tailored to the unique needs of small business with over 240 locally owned and operated locations nationwide. CMIT Solutions is able to combine personalized local service with all the technical resources of a large national company - offering their small business clients the products, partnerships, and round-the-clock technical support that stand alone locals can't always provide.
CMIT Solutions' franchisees begin their business ownership with a comprehensive training and launch system program. Training begins with Jumpstart and Franchise Opener which is designed to prepare them to begin the launch of their business. This is followed by two full weeks of on-site training at their Austin headquarters/training facility. New franchisees leave the two-week training period with all of the practical experience they need to tackle the challenges of opening their own business.
After graduation, franchisees participate in their specialized launch coaching program, which covers everything necessary to open a new CMIT Solutions franchise in a step-by-step manner. Their launch team and business coach will communicate regularly to assure that new franchisees hit the ground running and successfully open their new business.
|
experimax 
Cash Needed: $50K
Total Investment: $160K-$165K
Current Locations: 132
Experimax 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 their customers.
Experimax is invested in their franchisees' success. To help franchisees achieve the greatest amount of success possible, Experimax 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.
Experimax franchisees do not 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 Experimax 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. Experimax 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.
For more information, Click here
|
WSI 
Cash Needed: $50K-$70K
Total Investment: $65K-$85K
Current Locations: 1002
WSI is a digital marketing company with a strong international presence. Their powerful network of marketers strive to discover, analyze, build and implement digital solutions to help businesses succeed online. Over the last 20 years, WSI has won multiple digital marketing awards for their solutions by adapting to the constantly shifting landscape of the Internet.
 The power of WSI's network of marketers lies in its global reach. They know what's happening in the digital marketing space all over the world. They pool this knowledge and experience together then they bring their global expertise to local markets and apply their digital marketing plans that were designed to save money and increase results for businesses everywhere.
Benefits of owning a WSI business: - No previous technical/IT experience needed
- Complete training and ongoing support
- Turn-key system
- Home or Office based
- Scalable business
- Strong earning potential
- Proven marketing strategy
- Predictable recurring revenue streams
If you enjoy sales and marketing and building long term client relationships, and you are dedicated team player, then WSI may be the business that you are looking for.
|
iCode 
Cash Needed: $100K
Total Investment: $175K-$343K
Current Locations: 13
iCode is a leading provider of STEAM focused education for kids and teens K-12 in the rapidly expanding Computer Science Education industry. Their focus is to teach "Best in Class" proprietary curriculum in their State-of-the-Art contemporary campuses through a combination of instructional and hands-on classes that offer an enjoyable and rewarding educational experience.
iCode equips individuals with the skills and knowledge to compete in today's technological environment. Their internal team of technical experts and curriculum developers gives them a competitive advantage to be a "first to market leader" with new program offerings based on the latest trends in technology and innovation.
iCode Corporate Office provides the following support:
- Site location assistance, including demographic and market analysis
- Construction support
- Marketing support
- Comprehensive Training program
- Grand opening support
- Operations Support
- Multiple Revenue streams
Computer Science is recognized as one of the fastest growing industries. Couple that with their cutting-edge, sustainable business model, and you are leveraging the success of your investment. iCode's expanding menu of proven programs generates multiple revenue streams to propel the results of your business, providing superior long-term Return on Investment.
|
TeamLogicIT 
Cash Needed: $50K
Total Investment: $110K-$160K
Current Locations: 210
TeamLogic IT is a national provider of technology services and solutions for businesses of all kinds. Unlike many managed service providers (MSPs), they focus on business and technology and understand that not all organizations are alike and work hard at delivering solutions tailored to your unique business goals and challenges.
TeamLogic IT customer service-oriented approach drives the tenets of their business: reliability, expertise and trust, ensuring you have an IT partner for the long haul. Their expansive capabilities serve a wealth of IT needs in the marketplace. And their best practices approach to service delivery is adhered to whether you require fully outsourced IT, co-managed IT or project-based IT solutions.
TeamLogic IT is one of the most forward-thinking IT franchises in the nation. By focusing on helping small and medium-sized businesses navigate the ever changing world of technology, and by delivering solutions that keep these businesses safe, secure and operational, TeamLogic IT has emerged as a trusted, top-rated brand. Founded in 2005, TeamLogic IT has grown to over 200 locations across the nation, and with a business model that emphasizes reliable recurring revenue streams, tech-savvy entrepreneurs are drawn to TeamLogic IT in growing numbers.
As one of the most respected names in Managed IT Services, which Statista reports is expected to reach $81 billion in 2020, TeamLogic IT has been at the forefront of the evolution in this rapidly growing segment for years. As a business opportunity, this focus on Managed IT Services provides their franchise owners the opportunity to meet a real need in their community, while also benefiting from predictable cash flow in a business designed for growth.
For the TeamLogic IT franchise owner, the advantage of managed IT services is a predictable, recurring revenue stream, which gives you peace of mind as you manage and grow your business. Managed IT services also offer greater potential profit margins compared to the typical repair work that most independent IT businesses rely upon.
|
Franchise Resales
Signs By Tomorrow - Norristown, PA
Asking Price: $116,000 2019 Revenues: $128,000
30 Minute Hit - Austin, TX
Asking Price: $75,000 2019 Revenues: Available Upon Request
A Better Sulution In-Home Care - Orange County, CA Asking Price: $89,000 2019 Revenues: Available Upon Request
Boulder Designs - Weatherford, TX
Asking Price: $120,000 2019 Revenues: Available Upon Request
RSVP - Pinellas County, FL Asking Price: $150,000 2019 Revenues: $200,000
For more information on these franchise resales and others in your area, Click here |
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, size of the population and the geographic area.
|
|
|
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
[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
  
|
|
|
