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Starting this business a no-brainer for right-fit candidates. However, as affordable as the ActionCOACH opportunity is, the vast majority of our franchise partners didn't have the full amount of liquid capital ready to invest in their business on day one.
Luckily, funding your business in this economy has never been more simple.
Use assets from a retirement funds to quickly launch your new business without distribution taxes or penalties. Debt-free funding allows you to use your 401(k) and leverage it into a business with a R.O.I. you can control (also known as a ROBS program).
In the current economy, the Small Business Administration practically pays aspiring business owners to borrow if they qualify. If you put 10-20% down (similar to buying a home), the loan will likely cover the rest.
Many people will use the equity from their homes or other properties to fund their new business. Equity loans allow you to use only the resources you require when you need it and enjoy great tax advantages.
Those with strong credit ratings can obtain unsecured signature loans for up to $150,000 or more without pledging a home or personal assets. Our business plan backed by proven results from past franchise owners makes it easy to secure.
Funding your business is actually a simple process if you understand the mechanics of it.
What are the two most important numbers to talk about when funding your business?
There are a number of different places you can source funds to start your business.
Even More Perks?
What does success look like for you?
Everyone is unique. Everyone has different aspirations. With this 3-minute assessment, you will:
Whatever you're aiming for, find out if ActionCOACH is the right path to get you there.