There are three ways to achieve your dream of having your own successful business.
 Start from scratch
Buy an existing business
Invest in a franchised business
Of the three, only franchising gives you the tools you need to grow your business in a productive, assured way.
Dozens of studies report the impressive success of franchising. For example, a seven year study by the Department of Commerce found that 91% of franchised businesses were still operating compared to just 20% of individual start-ups.
 In his best-selling book, The E-Myth Revisited, Michael Gerber refutes the myth that most people who start small businesses are entrepreneurs.
Gerber describes most owners of non-franchised businesses as "technicians suffering from entrepreneurial seizure. The carpenter becomes a contractor. The accountant starts an accounting practice. The cook opens up a restaurant."
He goes on to say that owners of non-franchised businesses tend to believe the "fatal assumption, that because they can do the technical work of a business, they understand how to grow a business that does that work."
In contrast, he explains that the success of franchised businesses results from a business model that is not limited by "common assumptions, expectations, and even technical expertise" that often gets in the way of running a successful business.
As important as technical knowledge may be, Gerber's message is that it alone is not enough. To achieve the ultimate income and investment potential, you need all of the resources that only a big business or a franchise can provide.
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We have identified the best of the best franchises.
With more than 2500 franchises competing for your attention in scores of categories, it can be difficult to know where to even begin your search.
Unlike the cost of acquiring an existing business, there is no automatic correlation between the cost of a franchise and how much money you can earn.
There are many franchises with start-up costs as low as $30,000, that provide both the potential to enjoy an excellent income and the opportunity to build real equity.
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It is easier to get financing for a franchised business.
Lenders prefer franchises because of a stable track record, a proven system, and an ongoing business model.
Although franchisors are usually the best source for information about financing their franchise, we can recommend funding sources that specialize in obtaining funds for new franchised businesses.
With a down payment of 20% to 25%, you can usually get funding if you have okay to good credit and management or strong work experience. ...........................
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 Use your 401k or IRA for tax-free funding
of a franchised business.
A business of your own may well be your best retirement plan. Use your 401k, 403b, Pension, Profit Sharing, IRA rollover or other retirement assets to finance the purchase of a franchised business.
This can be done without distributions, taxes, penalties, or the use of loans. Your own money can be used as venture capital to avoid loans, fees and interest.
These transactions are clearly within the letter of the law as spelled out in the Employee Retirement Income Security Act of 1974 (ERISA). You will receive a letter from the IRS approving the use of the funds in this way.
The IRS has established numerous rules to keep future retirees from spending the funds held in trust today and awaiting them at retirement. Distributions are taxed as ordinary income—upwards of 50%. The provisions of ERISA provide a way to legally move money that is locked in retirement accounts, so that it goes directly into a new franchised business without distributions, taxes, penalties or the use of loans.
The money may be used for franchises, property, equipment or working capital. There is a flat fee for the services provided.
Do the math. It's a "no-brainer."
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