Jun 23, 2020
Thinking About Buying a Business, How About a Franchise?
- BRT S01 EP20 6-21-2020
Franchising, Fed and Inflation
Guests: Kent Craven of FranNet
https://frannet.com/franchise-consultant/kent-craven/
https://www.linkedin.com/in/kent-craven-75388714/
Kent Craven joins the BRT Show to talk franchising opportunities, the process of researching and buying your own business.
We learn about the FranNet organization, criteria to evaluate franchise opportunities; and their proprietary assessment process. Kent gives analysis on income ranges of franchise owners, and survival stats of new franchises.
More: Franchise 'ecosystem', iceberg analogy & investment range
Sample Opp -
Education is BIG Business ... Do Good and Do Well!
In good times and bad, education is a top priority for every family with children. Parents want the best for their children and even in down times will make sacrifices to ensure they are getting what they need to succeed. You're invited to hear from 3 franchises that are offering just that in the fields of daycare, preschool, and educational enrichment.
Learn why these three franchise systems are so successful in business and how they a make significant, measurable and tangible difference in the lives of the children in their communities.
Characteristics of these businesses:
- Lifestyle business with family friendly hours
- Recession resistant
- Recurring revenue
- Essential business
- Unique for their industry - award winning programs
- Making a difference in their community
What is a FranNet Franchise Consultant?
A FranNet consultant is your one-stop-shop for all franchise information and services. Our job is to ensure you find the right business that maximizes your odds of success and happiness and allows you to meet your lifestyle, career, and financial goals.
How do we help?
We help you by providing assorted research and information that will help you investigate different franchises to start your own business. We can introduce you to many different franchisors, so rather than having to go from place to place to learn about specific businesses, you can learn the basics about several options all in one spot! This saves you time and money.
FranNet Consultants help save you time and money in several ways: by educating you about franchising, by helping you research your business, by identifying the right structure and strategic mix of the businesses you are interested in, and by introducing you to the franchisors that fit your model.
About Kent:
Mr. Craven worked in industry for a short time before beginning his first business at the age of 25 years with the help of a venture capital investment. Since that time Mr. Craven has owned a series of independent and franchised businesses. He has bought and sold businesses for his own account and while working as a business broker. He brings his decades of small business ownership experience to his FranNet consulting practice to help match prospective business owners with the franchise opportunity best suited to their personal circumstances.
Mr. Craven holds a Bachelor of Engineering (Dean's List) Degree, Masters of Engineering Degree, and Master of Business Administration Degree, all from Cornell University.
Mr. Craven is a frequent speaker at Small Business Development Centers and Chamber of Commerce functions and is Certified in Production and Inventory Management by the American Production and Inventory Control Society.
Guest: Denver Nowicz, President - Wealth For Life
https://www.linkedin.com/in/denvernowicz/
https://twitter.com/DenverNowicz
Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.
Denver talks about How Investors Handle Inflation in the Economy, Fed Inflation & low interest rates
Notes:
Bonds getting crushed, savers being punished, interest rates low
Interest rates – Fed rate will be art 0 until 2022
Fed is printing a lot of money, causes inflation
US Governement is borrowing money, so Fed needs to keep interest rates low to juice the economy, and also help Gov't be able to pay interest on debt
Fed actions keep liquidity in
market, avoid depression, lending continues – same playbook as 2008
Recession, except even quicker if not over-reaction
M1 Money Stock (M1) | FRED | St. Louis Fed
fred.stlouisfed.org › series › M1
View a measure of the most-liquid assets in the U.S. money supply: cash, checking accounts, traveler's checks, demand deposits, and other checkable deposits.
What is M2? M2 is a calculation of the money supply that includes all elements of M1 as well as "near money." M1 includes cash and checking deposits, while near money refers to savings deposits, money market securities, mutual funds, and other time deposits. Feb 24, 2020
Savers are being punished, saving rates down below 1%, must keep up w inflation
Money is cheap - Borrow $ at low rates and buy assets
Assets like stocks and real estate will appreciate in low interest rate / high inflation environment
Link to Taxes Show on 10/31/2021 w/ Denver: Here
Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here
Link to Shows, Denver was a Guest: Here
Franchise Topic: https://brt-show.libsyn.com/category/Private+Equity-Valuation-MandA-Franchise-Business+Broker
‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT
Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement
More 'Best of Investing': Here
Franchising / Jon Ostenson Topic: https://brt-show.libsyn.com/size/5/?search=franchising
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