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Top Franchise Models to Own While Keeping Your W2 Job
Top Franchise Models to Own While Keeping Your W2 Job
Unlock the secrets to owning a successful franchise while keeping your W-2 job. Learn about the different business models, financing options, and strategic planning needed to make it work.
Key Takeaways:
-Dive into the Triangle Method: a powerful wealth-building strategy combining tax strategy, real estate ownership, and business operations.
-Understand the distinctions between Owner-Operator, Semi-Absentee, and Fully Absentee business ownership.
-Discover the in-depth process of selecting and funding a franchise, including discovery calls, quizzes, and SBA loan options.
-Explore personalized strategies to match potential franchisees with the right business models tailored to their lifestyles and financial capacities.
-Learn how to leverage tax benefits, such as Section 179 and bonus depreciation, to maximize your investment.
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📌 Timestamps:
00:00 Job satisfaction varies; consider tax strategies, legacy building.
05:39 Borrowing money is expensive but worthwhile.
08:17 Franchising builds equity, avoids issues, offers benefits.
12:11 Types of business ownership in franchising summarized.
15:09 Franchise research process: quiz, discovery call, fundability.
19:32 Commit time to explore three franchise brands.
22:33 We facilitate business acquisitions and franchise resales.
26:07 Evaluate and finalize franchise details at Discovery Day.
28:15 Intake assesses personal and professional background comprehensively.
30:57 Evaluating ideal franchise: time, investment, support, location.
34:15 Strong borrowers get better deals; prime rate varies.
39:41 Delegation, technology, and financial benefits of franchising.
40:25 Recession-proof business models create sellable, recurring revenue.
💥 Thanks for watching 💥
#businessopportunity #FinancialFreedom #FranUniversity #shorts
About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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