Diversifying Income Streams: How Small Business Ownership Benefits W2 Employees
Release Date: 11/19/2024
The Business Ownership Show
Question: Can $20,000, as little as $20,000 in savings, get you an SBA loan for your franchise dream? Are you ready to start your franchise journey with as little as $20,000 in savings? In this video, we dive into how you can leverage SBA financing to make your franchise dreams a reality, even with low liquidity. We'll cover the feasibility of securing an SBA loan, the banks that support smaller ticket franchise models, and how you can grow from a single franchise to a business empire. If you'd like to meet with Beau to talk financing, book a call ( )
info_outlineThe Business Ownership Show
Unlock the potential of your business with the SBA 7(a) loan program! In this video, we explore how businesses can leverage SBA 7(a) loans for expansion and renovations, including opening new locations and significant improvements. Learn how you can secure up to 100% financing if your business meets the criteria. From franchise expansions to non-real estate projects, discover how to grow your business effectively. Don't forget to subscribe for more insights on business financing! Question: Hello, how can businesses leverage the SBA 7(a) loan program to finance expansion projects, including new...
info_outlineThe Business Ownership Show
In this video, we dive into the detailed process of applying for an SBA 7(a) loan, outlining timelines, crucial steps, and expert tips to expedite approval. Whether you're starting a franchise, making improvements, or dealing with commercial real estate, understanding these nuances can save you time and hassle. Question: Hi, what are the typical timelines and steps involved in the SBA 7(a) loan application and approval process, and how can businesses expedite this process? Regards, Tom. If you'd like to meet with Beau to talk financing, book a call ( )
info_outlineThe Business Ownership Show
info_outlineThe Business Ownership Show
Unlock the secrets to securing an SBA 7(a) loan with limited tangible assets! In this video, we break down the best practices for providing collateral, explore equity injection options, and offer strategic tips for structuring your loan application. Whether you're acquiring a business or seeking financing alternatives, this guide will help you navigate the requirements and optimize your chances for approval. Don't miss out on these expert insights! Question: Hi, what are the requirements and best practices for providing collateral when applying for an SBA 7(a) loan, especially for businesses...
info_outlineThe Business Ownership Show
In this video, we explore the crucial role personal credit history plays in securing an SBA 7(a) loan. Discover how applicants with less-than-perfect credit can improve their chances of approval, and learn valuable tips to boost your credit score. Additionally, we introduce the Business Ownership Academy, a vibrant community and educational platform designed for aspiring entrepreneurs. Join us to gain insights from industry experts, participate in mastermind groups, and take your business to the next level. Question: Hello, what role does personal credit history play in the approval...
info_outlineThe Business Ownership Show
In this video, we explore the specific advantages and potential drawbacks of using SBA 7(a) loans for acquiring an existing business and business expansion. Learn about the collateral requirements, personal guarantees, and why SBA 7(a) loans might be the best option for your business financing needs. Discover the nuances of SBA loans compared to other financing options and gain insights on how to navigate the process effectively. Question: Hello, what are the specific advantages and potential drawbacks of using an SBA 7(a) loan for acquiring an existing business compared to other financing...
info_outlineThe Business Ownership Show
Unlock the potential of your business with SBA 7(a) Loans! In this video, we delve into how the SBA 7(a) Loan program can address the financing needs for large-scale equipment purchases and substantial inventory stocking. Discover the benefits of higher leverage, longer terms, and the overall competitive advantages of SBA loans. We also discuss collateral requirements and alternative financing options. Join us as we build a community of entrepreneurs through our Business Ownership Academy. Get inspired, educated, and take your business to the next level! Question: Hi, how does the SBA 7(a)...
info_outlineThe Business Ownership Show
In this insightful discussion, we explore the compelling reasons why W2 employees should venture into small business ownership while maintaining their corporate jobs. From tax benefits to investment control, we cover everything you need to know to maximize your earnings and take control of your financial future. Don't forget to check out the Business Ownership Summit replay and join our growing community at Business Ownership Academy! Question: Hello, what are the compelling reasons for W2 employees to venture into small business ownership, even if they intend to maintain their corporate job?...
info_outlineThe Business Ownership Show
In this video, we dive deep into SBA loan options for buying a franchise in another state. Beau explains how it's possible despite common banking hurdles, sharing insights and tips for successful franchise ownership. Whether you're considering a move or managing from afar, this guide is packed with practical advice. Question: What SBA loan options are available for buying a franchise in another state? Thanks, Kevin. If you'd like to meet with Beau to talk financing, book a call ( )
info_outlineIn this episode, we explore the advantages W2 employees gain by diversifying their income streams through small business ownership alongside their corporate careers. Whether you're seeking financial freedom, pursuing a passion, or planning for early retirement, understanding your goals and aspirations is crucial. Join us as we dive into personalized strategies, franchise opportunities, and expert guidance to help you achieve your dreams.
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )