Government stimulus available for small businesses Plan for your small business; the government can and will help! Small businesses take time, energy, and money to become a success. From opening your small business to maintaining everyday operations, small business funding is vital. You must have a consistent cash flow to cover the company, employees, tools, […]
đź”—Â https://myfranchisecpas.com/interim-loan/ Get More Funding! On September 8, the federal government updated a major disaster relief program that offers up to $2,000,000 for businesses. In order to have a fighting chance to obtain funds, you need to apply NOW at the link above. The program ends 12/31/2021 or when funds run out, and from our […]
🎬 WATCH THE REPLAY HERE!  ▶️ Youtube Link: đź”—Â https://www.youtube.com/watch?v=0XilhAV47Mk ▶️ Previous Webinars: đź”—https://myfranchisecpas.com/category/webinars/ No Cash? No Problem! Fund a Franchise Anyway! More than anything, we want to demystify the franchise arena. I remember my life before franchising, and thinking “I’d love to own a Dunkin’ Donuts. I can’t afford that though.” Oh, how […]
Franchising in a Post-Pandemic World 2020 has not been our year. For any of us really. We are seeing businesses close left and right, and it really is daunting. You may be scared away from starting a business at the moment, and that is completely understandable. But what if starting a business is your […]
Steps To Open A Franchise Covered Below: Step 1 – Decide Whether Franchising is Right For You Step 2 – Research and Pick a Franchise Step 3 – Attend Discovery Day For Your Chosen Franchise Step 4 – Speak With Other Franchisees Step 5 – Find a Location (if not home-based) Step 6 – […]
Using Small Business Administration Loans to Help Your Business During The COVID-19 Shutdown SBA Loans can help you fund a franchise, but what happens after you’re already in business and a major problem happens? With businesses temporarily shutting their doors, making sure there is a business for people to return to is a top priority. […]
What is ROBS Funding & How Does it Work? Money! Money! Where, oh WHERE, do I get the money to purchase a franchise? This is one of the most common questions we see. And fair enough; if you’ve never purchased a franchise before, finding $100,000 or $200,000 or $500,000 out of thin air can seem […]
How to Save $430,000 as a Franchisee When starting a franchise, every decision you make is critical. Why? Because every decision you make will ripple through your entire franchise term, which is typically ten years. One very important topic I want to discuss today is that of taxes. When you first start your franchise, you’re […]
So you want to start a franchise! What costs can you expect to open the doors? More than you think. Fees To Fund A Franchise First, you have the franchise fee. Almost all franchises have some sort of “buy-in” in the form of a franchise fee. They can be as low as several thousand, but […]
What’s a ROBS Reversal? And while we’re at it, what is a ROBS & how does a ROBS work? Before I jump into what a ROBS Reversal is, let me first tell you what a ROBS is. A ROBS, or Rollover for Business Startups, is a method of obtaining business funding. You obtain funding by […]