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 Maids franchise was founded by Daniel J. Bishop in Omaha, NE in 1979. |
The Maids was the first residential cleaning business to focus on cleaning for health by using environmentally preferable cleaning products and equipment.
Today, The Maids franchises are located in over 90 major U.S. and Canadian cities.
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.
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.
Featured Franchise Category
Molly Maid is a bonded and insured residential cleaning service franchise that offers quality home cleaning services that create "me time" for their hardworking homeowners. They clean your home the way you want; their professional maid services are designed with your needs in mind. They listen and provide customized plans that make you proud of your clean, fresh home.
Cash Needed: $65K
Total Investment: $110K-$155K
Current Locations: 770
Unlike other hands-on home cleaning service franchises, you will own and manage your Molly Maid franchise. Professionally trained two-person teams will work in the homes and perform the cleaning services. As a franchisee, you will receive training and ongoing support such as:
- Step-by-Step Training Program
- Business Management Software
- Regional Service Managers
- Training Tools
You don't need an extensive personal history in the home cleaning industry to be successful with Molly Maid. Their franchise process can be the opportunity that enables you to obtain the solo business success you've always dreamed of.
|The Cleaning Authority
Cash Needed: $52K-$60K
For more information, Click here
Total Investment: $150K-$200K
Current Locations: 223
The Cleaning Authority (TCA) was founded in the Baltimore-Washington metro area in 1977 as one of the first whole house cleaning services in the region. In 1989, Steve Robinson and Tim Evankovich purchased the company and began expanding it to other regions. Today, The Cleaning Authority is widely recognized for their commitment to serving their customers with high-quality house cleaning services across the country, while using products that's friendly to the environment.
The Cleaning Authority offers their franchisees innovative methods to develop large, successful residential cleaning businesses. Their business model combines simple business fundamentals with solid systems, and an unprecedented support infrastructure, towards tremendous income potential.
You don't have to be an expert in residential cleaning services to start a TCA franchise. All you need is ambition and the willingness to put their tools and resources to work for you. TCA offers all of their franchisees thorough training and support from Day One.
If you are looking for a business opportunity that generates a healthy return on investment while providing a lifestyle that will bring you more flexible hours and free time; The Cleaning Authority may be the answer; they can offer you the freedom that comes with business ownership as well as a time-tested business model that sets you up for success.
Cash Needed: $140K
For more information, Click here
Total Investment: $140K-$160K
Current Locations: 29
Founded in 1991 and originally known as National Appeal, Renue Systems is a provider exclusively to the hospitality industry of comprehensive deep cleaning and restoration services of carpets, drapes, upholstery, tile and grout, and marble/natural stones, among other surfaces.
Renue Systems is a North American-approved Avendra vendor and have preferred partner status with a number of hotels including Marriott, Hilton, Hyatt, Best Western, Fairmont and others. With nearly 30 offices throughout North America and overseas, they are able to address scheduled maintenance needs, emergency situations (such as floods, stains, odors, VIP visits and QA inspections) and many specialized requests (including smoking, cooking and pet rooms) promptly. Since their founding in 1991, Renue Systems has serviced thousands of limited and full-service properties.
As a Renue Systems' franchisee, you will work with high-profile customers in the exciting hospitality industry. You will receive:
- Your own exclusive territory, where you're a preferred vendor who can sell and service international customers locally
- Affiliation with a growing franchise system that gives you extensive support
- Operating in a market leadership position in a specialized segment
- Serve as both a cost-saver and revenue generator for your customers
There is no previous experience necessary. This is a complete, turnkey business package, which includes the finest proprietary equipment and supplies, as well as full training, marketing materials, and business building support; so you can start your business immediately.
Cash Needed: $50K
Total Investment: $100K-$232K
Current Locations: 200
AdvantaClean Environmental is a dynamic, rapidly expanding concept that services the emerging and ever growing indoor air quality market. This is a powerful franchise opportunity that is built upon a multi-revenue stream business model, paperless operating platform, National Customer Care Center, and their franchisees' savvy business skills.
The EPA ranks indoor air pollution as one of the top 5 environmental risks to public health. AdvantaClean Environmental franchisees offer solutions that make every home and building a healthier place to live and work. Combining essential services like water damage recovery, mold removal, duct cleaning and dryer vent cleaning, AdvantaClean improves air quality, system efficiency and the comfort, safety and health of every building they serve.
AdvantaClean provides their franchise owners with comprehensive advertising, marketing and lead generation efforts to drive business at the local level, including individual customized websites, telemarketing and yellow pages. In 2013, AdvantaClean provided over 8,200 prospective customers directly to their franchisees and with an enhanced focus in the years to come, and these numbers will continue to grow.
You can be a part of the success others are already experiencing with cutting edge technology, tools and systems, and comprehensive training and support along with an extensive network of franchisees that will provide you with everything you need to succeed.
Anago Cleaning Systems was founded by David Povlitz in Detroit, MI over 15 years. The name Anago is derived from the Greek-Latin term "anagogue", meaning to guide or uplift. Anago was founded with that principle - to guide and uplift the lives of their Master and Unit Franchisees to achieve success. Anago Cleaning Systems' comprehensive systems and people work together to guarantee success for their franchise owners, as well as total satisfaction for their clients. Anago Cleaning Systems
Cash Needed: $246K-$405K
Total Investment: $246K-$405K
Current Locations: 1702
Anago Master Franchisees are business executives who purchase an exclusive territory, and they sell unit franchises to individuals looking to buy a commercial cleaning business. Simultaneously, they are securing cleaning contracts from local businesses and assigning those contracts to the unit franchise to assist them in growing their cleaning business. The Master makes money by selling the unit franchises, as well as, by royalties they collect on all cleaning contracts their unit fanchisees service.
Anago provides their Master and Unit Franchise Owners with the ability to be the CEO of their own business in the profitable commercial cleaning industry with the foundation and support of a well-established and technically-advanced organization.
Benefits of owning an Anago Cleaning Systems business are:
- The Master enjoys 12 primary revenue streams
- Executive franchise model - Monday-Friday, 9-5
- Huge industry - estimated at $100 billion annually with expected double digit growth
- Recession resistant - every business needs to be cleaned by someone, even during times of economic hardship
- Low overhead and fast ramp-up
- Proprietary cloud-based and mobile software systems to run every aspect of the business
CertaPro Painters - Spartanburg, SC
Asking Price: $135,000 2019 Revenues: $319,000
Mr. Handyman - Austin, TX
Asking Price: $110,000 2019 Revenues: $521,000
Molly Maid - Atlanta, GA
Asking Price: $199,900 2019 Revenues: $521,980
RSVP - Hampton Roads, VA
Asking Price: $175,000 2019 Revenues: $727,000
Allegra - Brentwood, TN
Asking Price: $340,000 2019 Revenues: $656,000
Signs Now - Fort Myers, FL
Asking Price: $150,000 2019 Revenues: $400,000
Rainbow International Restoration - Cypress, TX
Asking Price: $750,000 2019 Revenues: $1,200,000
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.
Quest Franchise Advisory Group
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