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Buying a Franchise: How to Buy a Franchise in 8 Steps

February 7, 2018

Buying a franchise is a good option for entrepreneurs who want to start a business but don’t want to go through the hard work of establishing a new brand and system. However, purchasing a franchise is not as simple as it may seem. This article will show you how to buy a franchise in 8 steps.

If you have a franchise in mind and have money in a qualified retirement account, you can finance the purchase with a rollover for business startups (ROBS). A ROBS lets you use your retirement funds to start a business or franchise without paying early withdrawal penalties or taxes. If you have at least $50,000 in retirement funds you can contact Guidant, our recommended ROBS provider, for a free no-obligation consultation.

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