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JANUARY 2017 NEWSLETTER
 

In This Issue
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Funding Your Business
Use Your IRA/401K
to Fund Your Business
  
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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
Ace Hardware was founded in 1924 by Richard Heese, E. Gunnard Lindquist, Frank Burke, and Oscar Fisher.

Ace is the world's largest hardware retail cooperative, and the largest non-grocery American retail cooperative.

In 1990, Ace created a separate division known as Ace International. Today, there are over 4,800 store locations - nationally and internationally.
Resources
The Fear Factor of Buying a Franchise

 

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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 
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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... 
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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
     
Challenge Island
Cash Needed: $30K
Total Investment: $36K-$50K
Total Locations: 53         

Challenge Island is an international educational franchise on the forefront of S.T.E.A.M. (Science, Technology, Engineering, Art, and Math) Education and 21st Century Learning.  They provide collaborative challenge-based experiences for ages 4 to 14+ in the form of after school classes, in-school workshops, camps, parties, homeschooling events, team building, and multi-generational family adventures.  Their unique ability to simultaneously address the needs of both the playful, whimsical child of today and the globally successful adult of the future has brought Challenge Island a sea of accolades from schools, parents, and kids alike.
 



Benefits of owning a Challenge Island franchise are:
  • Proven home-based business
  • Protected territory with at least 25 elementary schools
  • Quick ROI
  • High profit margins
  • Can be operated on a full or part-time basis
  • One-of-a-kind comprehensive curriculum
  • Fully-stocked starter kit included
  • Ongoing mentorship and hands-on support
  • Year-round income potential with summer camps, birthday parties, field trips and other non-school based initiatives
For more information, Click here  
Or call 800-401-9154
The Honey Do Service, Inc.
Cash Needed: $50K
Total Investment: $60K-$110K
Total Locations: 29                   

The Honey Do Service, Inc. was established in 2002 as a full service general contractor specializing in all forms of home improvement and maintenance.  They focus on customer satisfaction by delivering honest, professional craftsmen who have undergone training in quality customer service to address the needs of their customers.

The services that The Honey Do Service, Inc. provide include:
  • Electrical
  • Plumbing
  • Painting
  • Carpentry
  • Cleaning

The Honey Do Service, Inc. is an affordable, manageable handyman franchise opportunity in the home maintenance, improvement, and repair industry.  Their business is designed to address a list of common problems that need to be fixed around the home or office - anything from a leaking faucet to a complete kitchen remodel.

The Honey Do Service, Inc. is a customer service orientated business and they are looking for individuals that are skilled business people, not necessarily skilled craftsmen.  A franchise owner is responsible for running the business, not swinging the hammer.  Successful franchisees are professionals who want to take control of their life, have the drive to succeed and the desire to determine their own income goals.

For more information, Click here 
Or call 800-401-9154
USA Ninja Challenge
Cash Needed: $120K-$180K
Total Investment: $120K-$180K
Total Locations: 11       
 
USA Ninja Challenge is a program that is designed to meet the requirements of a full physical fitness program for today's youth.  They incorporate standard gymnastics apparatus including rings, bars, balance beams and tumbling surfaces with their specialized ninja training equipment such as cargo nets, traverse walls, slack lines, ropes and ladders.  Each portion of every obstacle course also includes corresponding conditioning and flexibility stations.  The desired result of this program is to improve children's strength, flexibility and all-around athleticism.  They also have a Junior Ninja program, designed for 4-5 year olds, that helps the younger ones to develop their ninja skills with smaller, easy-to-negotiate obstacles until they are ready for the full-scale equipment.

There are six basic categories of the Ninja obstacles:
  • Jumping - box jumps, long jump, jumping over or onto obstacles
  • Climbing - ropes, cargo nets, peg boards and rock walls
  • Swinging - gymnastics rings, hanging ladders, hanging nunchucks and parallel bars
  • Traversing - spotting blocks, ledges and chimney walls
  • Balancing - balance beams, slack lines and rolling barrels
  • Floor Skills - running, block pushing, army crawl and vaulting
 
Combining fitness with children's entertainment makes for one of the most exciting and unique youth fitness franchise opportunities in the industry.  USA Ninja Challenge has proprietary structures that set them apart from other concepts.  By owning a USA Ninja Challenge franchise, you invest in an opportunity where there are a number of potential revenue streams available.  Their obstacle courses combine the elements of exercise and fun while meeting the requirements of a children's fitness training program.  The ever-booming fitness industry integrated with the ever-profitable child entertainment industry allows them to be the influential front-runners of this booming segment.

Fitness franchise opportunities provide a wonderful chance to reach out to your community and offer the youth a positive life-changing experience.  Parents are raving about the health benefits and social interaction that USA Ninja Challenge provides, because it allows their children a break from the negative effects of today's technology. 

For more information,
Click here 
Or call 800-401-9154
blo Blow Dry Bar
Cash Needed: $32K-$84K
Total Investment: $161K-$281K
Total Locations: 70                                  

Blo Blow Dry Bar is North America's original blow dry bar and the world's largest blow dry bar franchise.  Blo transformed beauty norms when they launched the "no cuts, no color" concept.  Since then, they have grown to 70+ locations and are expanding quickly.  Blo's low-cost, turnkey franchise system delivers a proven concept, a simple business model, intensive training programs, and ongoing support from their dedicated head-office team.  No hair experience is needed to become a blo Blow Dry bar franchise owner.

Hot pink branding helps solidify Blo's position as category leader, with taglines such as "Wash. Blo. Go." and "You're Not Cheating On Your Hairdresser".  Their locations are seeing strong growth as this fast-growing beauty category attracts customers with convenient, affordable blow-outs.  Additional revenue streams are available through a range of blo beauty services and carefully selected retail products.

 
As a blo Blow Dry Bar franchise partner, you will be joining the leading blow dry bar franchise in the world.  You will:
  • Participate in a fast-growing beauty category
  • Benefit from a turnkey franchise system that offers comprehensive, hands-on training and support - at opening and ongoing
  • Generate sales from multiple revenue streams including blow-outs, beauty services and selected retail products
  • Have the flexibility to monitor and manage your business remotely using their software and management system
For more information, Click here
Or call 800-401-9154
Uptown Cheapskate
Cash Needed: $75K
Total Investment: $262K-$385K
Total Locations: 50                                   

Uptown Cheapskate is not your average thrift store,  they buy only the most stylish gently used clothes and accessories that you loved yesterday and sell them today at up to 70% less than mall prices.  Unlike consignment stores, customers can earn cash on the spot when they sell their like-new fashions for guys and girls.  Now with more than 50 franchise locations, their stores offer low prices on new and second-hand clothes, shoes, handbags, and jewelry from favorite brands and designers-all under one roof.

 

Uptown Cheapskate has been part of the Basecamp Franchising family since 2009.  In the brief time that they have been franchising, they have expanded to over 50 locations in 17 states around the United States.  If you're looking for an opportunity that allows you to build a legacy from your hard-working, passionate, energetic, and entrepreneurial-minded spirit, Uptown Cheapskate wants to help.  As a franchise owner with Uptown Cheapskate, you can expect continuous support, guidance, and consultation services as you follow their proven business model to success.

Uptown Cheapskate is an exciting franchise opportunity for entrepreneurs and aspiring business owners.  With territories available across all 50 states, there's never been a better time to join their franchise family.


For more information, Click here
Or call 800-401-9154
Master What is an Area Representative or Master Franchise?
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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.
For more information, Click here  
Or call 800-401-9154
Master This Month's Featured Resale
 
Rainbow International Restoration
Holland, MI
$305,000
Opened August 1986
2015 Gross Sales = $319,000

Most franchise systems offer resales.  To find out what's available in your area, send me an email with your city, state, and zip. dstruck@questfran.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. 

Sincerely,
Dave Struck 

Dave Struck

Founder/Consultant

Quest Franchise Advisory Group
Direct: 770-910-7767 ext. 101

dstruck@questfran.com 

www.questfran.com 

 

We hope you find our newsletters informative and invite your suggestions and comments by emailing newsletter@questfran.com

 

Our Business Is Helping You Find The Right Business

 

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Big $avings for  U.S. Veterans
As a way of saying "Thank you" to our Veterans, many franchise companies offer our Veterans discounts on franchise fees ranging from 10%-50%. Some also offer discounted royalty fees of up to 50% for your first year in business. Call us and we'll be happy
to match you with a participating franchise.