Franchising With 401k Assets? 4 Questions Wealthy Investors Ask First

Franchising is promoted as passive income, mailbox money, even a 5-hour a week side hustle. SBA loans come easy, and you can even use a government incentive program to roll over retirement assets into a franchise. But for wealthy investors, there is both opportunity and risk. I wanted to take an honest look at both, and break down how savvy investors evaluate a franchise opportunity. So I brought in guest expert Alex Smereczniak, co-founder and CEO of Franzy, a platform for franchise discovery and acquisition. He laid out the realities of franchising so wealthy investors can make good decisions. What You'll Discover In This Episode The ROBS program for rolling retirement assets into a business How franchising starts you on '3rd base' Why the typical franchise working capital requirements are unrealistic The real workload of a typical franchise The 60% broker commission most franchise buyers never know about How to vet a franchise opportunity for free About the Guest Alex Smereczniak is a serial entrepreneur and the co-founder and CEO of Franzy, a platform revolutionizing franchise discovery by making it easier for aspiring business owners to find, compare, and finance franchise opportunities. Before launching Franzy, Alex co-founded 2ULaundry and LaundroLab, where he helped scale the business from a college side hustle into a multi-unit franchise brand with over 100 franchise licenses sold and a rapidly growing network of stores. About Your Host From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is the founder of The Money School™ and Money Mentor for The Money Multiplier. His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works. Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans, delivering the financial knowledge that fuels lasting freedom. Resources Private Money Guide: https://go.moneyschoolrei.com/book-podcast Wealth Wednesday Webinar: https://go.moneyschoolrei.com/wednesday-webinar-podcast Mapping out the Millionaire Mystery: https://go.moneyschoolrei.com/newbook-podcast