BYOB NEWSLETTER – JULY 2020
QUOTE OF THE MONTH:
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair.”
Charles Dickens, A Tale of Two Cities
Challenging Times
These are indeed challenging times as we all read and watch the daily news about the COVID19 pandemic and see the global number of persons contracting the disease as well as those who have passed. When I was a boy and even later when I became a young man, my Dad was fond of telling me, “When the going gets tough, the tough get going.” The concept has stuck in my brain over the years and served me well on numerous occasions in various “tough” situations.
Perhaps this is the best and worst time for you to go to work for yourself and take control of your own future as well as that of your family. I became my own boss in 1995 after years of working an engineer and manager in the corporate world. The first year or two were ‘tough”. But my father’s words echoed in my mind and I got going. Since then, I have never looked back.
Find a business that enables you to do something you enjoy doing, love to do. Make a choice to become your own boss. Enjoy a couple of years of “tough” and be successful and never look back. You and your family will be better for it.
Small Business Administration
Traffic is surging as buyers rush to secure new business loans with the first 6-months of principal and interest covered by the SBA and no repayment required as part of the $2.2T CARES Act.
As part of the coronavirus debt relief efforts, the Small Business Administration will pay 6 months of principal, interest, and any associated fees for all new SBA loans made after March 27, 2020 and fully disbursed prior to September 27, 2020. SBA will begin making payments with the first payment due on the loan and will make six monthly payments. This is not a deferment; SBA is actually making payments to the bank on your behalf!
- Under this program you can receive up to $150,000
- Fully unsecured with no pledge of personal assets or collateral
- 10-year term - fully amortized
- Loan payments drafted from business checking account
- No prepayment penalty
E2 Visa
The E-2 visa enables investors from treaty countries who invest in a US Franchise company the opportunity to reside in the United States with their family. The E-2 Investor Visa allows an individual and their family to reside and work inside the United States based on the franchise business the investor owns and operates while resident in the United States.
There are numerous requirements for obtaining an E2 investor visa that must be demonstrated before the visa will be approved. Many of these criteria can be challenging to prove which is why many investors consider a franchise to be an ideal choice for obtaining an E2 visa.
Franchises Seeking International Development
· Renue Systems is an industry leading franchise business with a strong track record, name recognition and a reputation for providing world-class quality services? Since our founding in 1991 Renue Systems? has become known within the hospitality industry as an authority and trusted partner in assisting our customers with many of their critical needs. We are preferred vendor partner with a number of leading and well-known international hotel flags who turn to us to address their comprehensive deep cleaning needs for carpets, drapes, upholstery, tile and grout, and marble/natural stone, among other services.
· FranServe, Inc. FranServe Consultants build a lucrative business by placing their clients into franchises by mentoring and coaching them through the franchise selection, evaluation and buying process. We also assist clients access the investment capital required to own and operate their franchise. Our professional consultants represent 100’s of franchise brands and work with prospects that are in the market for a career change and who desire business ownership opportunities. They assist clients in identifying and exploring ideal franchise opportunities that meet each candidate’s professional and personal goals.
· Pita Pit USA has been in operation since 1995 and has nearly 600 locations in 16 countries! We are proven brand. We are on trend from the healthy aspect of the food all the way to our bold and spicy flavors that top our unique Mediterranean/American cuisine. With all product being professionally cooked at the manufacturer we are able to offer restaurant opportunities to people with little or no experience in the food industry. We hire the character and teach the trade! Nearly all of our first 200 locations were on or near college campuses which afforded us the ability to become a fun cult brand that is becoming well known worldwide! Pita Pit is the future of quick, casual foodservice. We call it Fresh Thinking—Healthy Eating. People are changing the way they eat to something unique and healthy, and Pita Pit delivers in an innovative way.
· As well as several of those below and hundreds more!
FRANCHISES DOING WELL IN THE CURRENT PANDEMIC
Medical
· PUR Life Medical is the ideal franchise to own for many reasons. First, healthcare is a growth industry. Representing one-fifth of the U.S. gross domestic product, the business of healthcare shows no signs of slowing down. An aging population, increasing chronic disease, and few real permanent solutions to health issues make market conditions perfect for a PüR LIFE franchise. PüR LIFE Medical is already leading the way as a disruptive innovator in the healthcare space.
· Prime IV Hydration is the leader in assisting individuals with looking, feeling and performing their best. As an essential health care facility, they see patients for relief of migraine headaches, gastroenteritis, chronic pain, auto-immune disorders, asthma and immunity support. As an essential health care facility, we see patients for relief of the following conditions: migraine headaches, gastroenteritis, chronic pain, auto-immune disorders, asthma and immunity support using high-dose vitamin C, zinc and other nutrients. Without Prime I.V. Hydration, many of our customers would have to seek relief at emergency rooms and urgent cares.
Senior Care
· Always Best Care provides warm, compassionate and professional care for seniors and others when they need it most. We are local experts in senior care, providing a resource for aging and senior living delivered through locally owned and operated offices around the country. Our services include non-medical in-home care, assisted living finder and referral services and skilled home health care delivered through a nationwide network of over 200 franchised territories with an additional 12 Area Representatives.
Automotive
· 1-800 Radiator & AC is part of the fast-growing automotive aftermarket, with over $275 million in revenue in the past year. We are a B2B wholesaler that specializes in select product lines and integrates cutting edge technology, enormous buying power, powerful marketing with locally owned and operated franchised businesses. Specific Marketing programs are provided to franchisees that focus on which customers to visit, why, and what the messaging should be. Customer Relationship Management tools allow franchisees to use simple KPIs to monitor buying trends and focus on areas that will generate the largest return.
Business to Business (B2B)
· Signworld is a national organization with more than 330 independently owned sign companies, which provide commercial custom signage and graphics. It's personable, creative, rewarding and ideal for people-oriented individuals who have the desire to learn how to manage a sales and production business. Our Signworld affiliates are a cut above traditional sign companies. The ongoing support and training provided along with state-of-the-art equipment will leave the competition behind. But most importantly, with Signworld, you own your business entirely and there are no royalties.
Child Development
· Tutor Doctor offers tutoring programs for children from kindergarten to college level, adult education and senior citizens curricula, incorporating an understanding of all learning types. Tutoring is done online, in person, or through our E-Learning System. Tutoring at home offers many advantages over the traditional learning centers out there, as tutors are working one on one with the student, focusing on their individual needs and challenges rather than a group setting in a learning center.
Staffing
· Express Employment Professionals provides a full line of staffing services (temporary, flexible, evaluation hire, direct hire, and professional/contract staffing) for businesses in over 770 locations in the United States, Canada, and South Africa. Express provides a sales-focused, business to business opportunity in one of the top ten fastest growing industries in the US. Our mission is to help as many people as possible find good jobs by helping as many clients as possible find good people. Express employs more than 510,000 people and serves more than 30,000+ clients annually.
Passive Investment
· Bitbox ATM installs your Bitcoin ATM at a verified location. Our Market Research Department finds locations in your area based on our proven criteria and sends them to you. Once approved, our marketing team coordinates the installation of your Bitbox. Bitcoin ATM's bring in between $20,000 to $300,000 per month nationwide.
Call us to learn more: +1 (850) 240.0109 or Email [email protected]
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Be Your Own Boss Newsletter is
Published by JD&A Franchise Consulting LLC