Franchise Recon

Ever heard of zero income tax with a profitable S Corp? It can be done with an ESOP. Combining an ESOP (Employee Stock Ownership Plan) with an S corporation can be a tax-advantageous strategy for both the company and its employees. Here's how it works: S Corp Tax Pass-Through: S corporations elect to pass their corporate income and losses directly to shareholders. Shareholders then report this pro-rata share on their personal tax returns. ESOP Tax Exemption: ESOPs, as qualified retirement plans, are tax-exempt entities. This means any profits attributable to the ESOP's ownership of stock in the S corporation are not subject to federal income tax (and often state income tax as well). Tax Benefits: With an ESOP owning a portion of the S corporation: The ESOP's share of the company's earnings is tax-free. This frees up capital for the company to reinvest in growth or other needs. In a scenario where the ESOP owns 100% of the S corporation's stock: The entire company's earnings are essentially tax-free. Additional Points: There are limitations on the number of shareholders (S corporations can have up to 100) which makes ESOPs a good fit. The ESOP trust itself is considered one shareholder. S corporations can deduct contributions made to the ESOP to help repay an ESOP loan, but the calculation is slightly different from C corporations. Overall, the combination of S corporation tax treatment and ESOP tax exemption can be a powerful tool for employee ownership, tax savings, and business growth. Let me know if you are interested in learning more about this.

Double Duty: Why Adding Estate Sales to Your Junk Hauling Franchise is a Smart Move Many of you know me from JDog Junk Removal and Hauling Alpharetta, GA. We just added a Blue Moon Estate Sales franchise to our business, and are excited for the possibilities. Are you in the junk hauling business and looking to expand your service offerings? Look no further than estate sales! This dynamic duo can be a recipe for serious profitability. Here's why: 1. Increased Revenue Streams: Estate sales tap into a whole new customer base, offering you the chance to add your junk hauling services to an estate sale that you run. 2. Streamlined Operations: You already have the trucks, manpower, and logistical know-how for hauling. Estate sales often involve furniture and bulky items – your expertise translates perfectly! 3. Client Convenience: Imagine offering a one-stop shop for families dealing with downsizing or estate transitions. You can handle both the junk removal and the sale of valuable possessions, making life easier for them. 4. Lead Generation: Junk hauling jobs can sometimes uncover potential estate sale opportunities and vice versa. Let clients know about your expanded services and watch the referrals flow. 5. Brand Synergy: Both businesses deal with property cleanout – it's a natural extension of your brand and builds trust with potential clients. By combining junk hauling with estate sales, you can create a powerful service package that benefits both you and your clients. It's a win-win! #franchising #estatesales #junkhauling #businessexpansion #entrepreneur Let's discuss in the comments! Have you considered adding estate sales to your existing business? I would love to help you connect with Blue Moon Estate Sales and answer any questions you may have.

Line Striping & Parking Lot Maintenance Services is HOT 🔥 Investment Range: $148,976 (Lease Equipment) - $293,967 (Purchase Equipment) Minimum Net Worth: $250,000 Minimum Liquid Capital: $75,000 Franchise Fee: $59,500 Profit per year: $250k-$500k

Unleash your inner hustler with a ROBS 401(k)! 🤑 Are you tired of the corporate grind and dreaming of owning your own franchise? A ROBS (Rollover as Business Startup) could be your golden ticket. This magic trick allows you to tap into your 401(k) without penalties or taxes to fund your franchise purchase. Here's how it works: 👉 Rollover funds from your 401(k) into a special LLC. 👉 Use the LLC funds to buy a franchise. 👉 Operate the franchise and grow your business. It's that simple! From pizza joints to cleaning services, the possibilities are endless. Remember, you're the boss now! 💼 #ROBS #401k #franchise #entrepreneurship