Introduction Securing funding is one of the most critical challenges when starting or acquiring a business. Traditional funding methods, such as loans or investment from venture capitalists, often come with strings attached, including interest payments, equity dilution, or stringent repayment terms. For entrepreneurs who are looking for alternative methods of funding, two powerful yet creative […]
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 […]
Tax Planning For Franchisees: What, Why, How!? So you own a franchise. Maybe you just purchased it, or maybe you have owned it now for several years. With all the responsibilities that come with franchise ownership, I am sorry to tell you that there is one more critical responsibility to consider: Tax planning. What […]
What is Multi-Unit Franchising? As the name implies, multi-unit franchising is when a franchisee owns multiple franchise units. For example, if you purchase a Subway franchise and you find success with it, you may find yourself opening an additional location within just a few years. Another way of thinking of multi-unit franchising is purchasing various […]
Common Questions From New Franchisees If you’re reading this, you may have either started a franchise or are considering it. With the incredible amount of information available today, it is sometimes hard to know where to begin when looking for help. Heck, it’s hard to know when you even need help! So, for your […]
10 Things you NEED to Start a Franchise in the United States We receive several common questions about franchise formations. What is the exact process to start a franchise? How do I start a franchise in my state? How do I start a franchise in the U.S.? The list goes on and on. You can […]
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 […]