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Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
For the average individual, the tactics are rather demanding. Actually, most of them are effectively completed by professionals who possess the necessary knowledge and skill sets to carry out such trades.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
1) Arby's franchise 2) Apple orchard 3) Bicycle manufacturing 4) Fireworks stand 5) Dump truck repair 6) Hair disposal service 7) Mobile life gaurd 8) (bonus) Scissor sharpening service
Great overview of diverse franchise opportunities! For anyone considering this path, remember that thorough market research and understanding your local demand can greatly enhance your chance of success with any of these franchises. 👍
Sorry to be stickler about this, but EBITDA is not your Profit because even though Depreciation and Amortization is a non-cash entry (spread the large upfront cost of equipment/acquisitions over the useful life of the asset), you still pay Interest and Taxes before you get to your net profit or income. Aside from that, I wonder if these franchises that are either using EBITDA or Operating Income include the salary of the owner operator because then the numbers look even better.
If I was expecting 11-12% net , I would have already paid my royalties. Also, no chance I’m buying a franchise where I would only expect 11-12% net. I already made that mistake buying a food franchise. There’s A LOT of other lower cost, higher ROI franchises out there. Just got to look at the numbers in their FDD and talk to existing franchisees before buying.
Yeah I looked into opening a Mellow Mushroom and the conclusion I made was that opening a franchise isn’t a good idea unless I get so rich that I could set that money on fire and not care. Even then, I’d probably open my own place with my own name. A bbq spot would be cool too. Restaurants have small margins, are difficult to scale, and are a lot of work.
Maybe for some that are wired as entrepreneurs. Most people don’t have the time, will , or skill to be able to start a brand new concept from scratch… Create the logo, brand, systems, processes, trial and error, etc. Franchising isn’t for everyone, but it gives a lot of people an opportunity to be business owners that otherwise wouldn’t. 👌🏽
Interesting opinion. I think 800,000 franchise owners would say otherwise, but I'm sure there are plenty of owners not making the money they want just like any other business.
I used to see 3 or 4 RNR in my city before, now only one is still open and I almost never see anyone there. They target low income neighborhoods. We are not in early 2000s anymore where spinners were it and all the rappers sang about was how big their rims were.
Thanks for the video, it was interesting. But none of these businesses interest me. Well, on 2nd thought, the fencing company and archadeck are interesting.
What’s the difference between cash flow and gross revenue? I’m look to buy a resale franchise. Asking price $39k, cash flow $60k, gross revenue $300k, what does that mean?
The cash flow (net) shows the positive inflow of money (it is more than the outflow) meaning there is money left to work with. Gross revenue is the sale generated by the service/products etc.
They were able to start the business from scratch and put all the blood, sweat, tears and risks into creating a brand that you are then able to be a part of, so they deserve those royalties.
Pretty useless and misleading video. The graphic shows profit margin on the right side and that it is the one thing that is conspicuously missing from every franchise discussed. It doesn't matter how much you have in sales. The title to the video implies that these businesses make a lot of money, which usually means net profit and not gross sales. It is impossible to determine if this is true or not from the video. Besides a general intro to a few franchises with a good track record of gross sales, this video definately does not live up to it's own hype.
Appreciate the feedback... Here's a recent video I did diving deeper into profit margins of franchises that disclose it. ua-cam.com/users/liveUH5bA5R4SPg The intention of the video is to bring attention to franchising, and provide the entire level of insight that me and my team have on the data, reported. I'd love to see the profits too! But the access to the data we have on these businesses is on sales. Now, I hope that people start researching and doing due diligence to get the answers to the questions they are looking for. (Which I have a lot of videos on how to do that)
Don't know if he is being honest but I suspect the real intention of the video is to get views not bring attention to franchising... because he could have focused on net profits.... then problems and drawbacks he was aware of but instead he did as you described.... But making videos is not easy so I will hand him that though!!!
@@donaldlyons17 dude he is a youtube creator, he is supposed to try to get views, thats his job. You gonna shame a car salesman for trying to sell you a car too?
@@josh2676 Yes but he is talking bout making money but not talking about all the issues and other problems that I would suspect are also there.... There are reasons why investment places have disclaimers....
Tell you what, these people that own key businesses that make key fobs and keys for new cars are so busy they the hardly ever answer their phones. Just getting ahold of people is such chore, this is why shoppers shop at Amazon or big box companies, can't get a hold of the small business owner...not for locksmiths anyway.
If you don't have the discipline to have good credit, or to save money - then maybe owning a business isn't the right path for you? ua-cam.com/video/bDLLzIhYBrs/v-deo.html (How to Buy a Franchise with No Money)
He is giving us info and as he does it he is trying to sell his product what’s wrong with that ? We do that on our daily lives so don’t be that dramatic just go be scared and DONT trust 😂 absolutely no one will notice 😅 anyways thanks for the video man !!! I’m learning a lot just by your channel WITHOUT buying the book 😒 but on a serious note THANKS FOR SHARING!!!
@@TariqJohnson sounds like it too good to be true. I’ve seen to many franchise owners close up shop cause no one wanted to buy the business. And even if they did the deal was so shit that they might as well have closed up shop instead of wasting time building the business just to sell at low multiples.
NEVER. NEVER open a construction based business that you have to scale up. The only construction worker you can count on is yourself to do the work. The industry is plagued with druggies and flakes available to hire. All of the best people own their own business and won't work for you. So now you pay for ads and go generate 10 jobs. You can do one. You now have 9 clients pissed that a loser in a rusty truck came on your behalf and did a crummy job or that nobody showed up at all. Remodeling is a GREAT business but it's almost IMPOSSIBLE to find good help to scale.
@@thomasgriffith7364 One compelling reason to refrain from buying a franchise is the lack of complete control over your business. When you invest in a franchise, you are bound by the franchise agreement and must adhere to the franchisor's rules, regulations, and operating procedures. This can limit your ability to make independent decisions and innovate within your business. Additionally, franchise fees, royalties, and other ongoing expenses can significantly impact your profitability, making it challenging to achieve the level of financial independence you may desire as a business owner.
Any review like this that lauds sales volume figures without stating net profit margins isn't earning my interest (pun intended). Without a closer look at whether the businesses actually have--and sustain--meaningful bottom lines, this could just be another clickbait list.
@@TariqJohnson It's like this. People from the US live their fluffy fill in talk, most people outside of the US want it said faster with much less fluff. The longer the talking and the more fluff, the more that I feel that I'm getting ripped off. Just my thoughts, we live in a fast paced world...
What basis do you have to make that bet? I find most people who make comments like that have no data, stats or relevant numbers to back up their statements. Here's a video I made that breaks down a couple of franchise businesses profit margins. ua-cam.com/video/fHlxqJpeFkE/v-deo.html
![Businesses that Always Fail? 7 Businesses with Shockingly High Failure Rates [Backed by Data]](http://i.ytimg.com/vi/WTDYuRVZDbo/mqdefault.jpg)
📘 FREE Franchise StarterKit - Zero to Profitable Franchise in Less Than 12 Months: Start fast in the franchising world.
Download Now: www.franchiseempire.com/o-ztpf-guide
🔍 Request a Territory Check | Check territory availability here: www.franchiseempire.com/checkterritory
You make all this scamming people for clicks on youtube and you need ebeg too, you make better money getting thumbs down because you got mine.
Have you heard of the BOI law??? Do we really have to file by December 31st???
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
For the average individual, the tactics are rather demanding. Actually, most of them are effectively completed by professionals who possess the necessary knowledge and skill sets to carry out such trades.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
I’ve heard that good investment advisors can make a big difference. Can you share more information about your financial advisor?
'Rebecca Nassar Dunne’ is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
I just checked her out on google and I have sent her an email. I hope she gets back to me soon.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Her name is. ‘Grace Adams Cook’ Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
1) Arby's franchise
2) Apple orchard
3) Bicycle manufacturing
4) Fireworks stand
5) Dump truck repair
6) Hair disposal service
7) Mobile life gaurd
8) (bonus) Scissor sharpening service
Raising Cane's is 35,000
Great overview of diverse franchise opportunities! For anyone considering this path, remember that thorough market research and understanding your local demand can greatly enhance your chance of success with any of these franchises. 👍
100%
Sorry to be stickler about this, but EBITDA is not your Profit because even though Depreciation and Amortization is a non-cash entry (spread the large upfront cost of equipment/acquisitions over the useful life of the asset), you still pay Interest and Taxes before you get to your net profit or income. Aside from that, I wonder if these franchises that are either using EBITDA or Operating Income include the salary of the owner operator because then the numbers look even better.
All good points!
If we pay 6-7% in royalty on the gross sales and our net is 11-12%, we only get 4-5% in our pocket which is very hard to sustain.
If I was expecting 11-12% net , I would have already paid my royalties.
Also, no chance I’m buying a franchise where I would only expect 11-12% net.
I already made that mistake buying a food franchise.
There’s A LOT of other lower cost, higher ROI franchises out there. Just got to look at the numbers in their FDD and talk to existing franchisees before buying.
Yeah I looked into opening a Mellow Mushroom and the conclusion I made was that opening a franchise isn’t a good idea unless I get so rich that I could set that money on fire and not care. Even then, I’d probably open my own place with my own name. A bbq spot would be cool too. Restaurants have small margins, are difficult to scale, and are a lot of work.
Better be nearly a complete absentee franchise owner for only a 4-5% net profit. That's not enough for even most to live off of.
The royalty is paid before the profit is calculated
@@TariqJohnson What would you expect net? What's an acceptable range?
Gross sales does not really indicate much. You need to know the overhead as well.
Best to create your own franchise idea. Own all the profits
Maybe for some that are wired as entrepreneurs. Most people don’t have the time, will , or skill to be able to start a brand new concept from scratch…
Create the logo, brand, systems, processes, trial and error, etc.
Franchising isn’t for everyone, but it gives a lot of people an opportunity to be business owners that otherwise wouldn’t. 👌🏽
That’s a horrible idea
So drug and human trafficking. Because that is the ONLY industry you're gonna control all profit.
@TariqJohnson who do you contact if you want a loan to own a apartment complex?
That's like saying it's best for everyone to be a CEO. Duh but obviously that's not realistic.
Hi. Any info on the profit? Gross sales can be misleading.
The data I reported was all that I had access to.
I really enjoyed you going over the FDD you should do shorts on FDDs since there are so many franchises out there
So interesting but I find it so hard to pull the trigger on opening a franchise and giving a portion of my money to somebody
Interesting video. I appreciate it. The fencing one was surprising. I would be worried about the risk of losing the HD partnership however
Hopefully those earnings for the moving company aren't before payroll taxes.
Numbers for sales are great - but wonder what the actual revenue is after everything is done - or profit to owner.
Me too! It's a key question to ask the current owners when doing franchisee validation prior to buying.
Franchise is benefit of 1 person and that's who started it and owned it originally. Lot of money goes through your hands, not much sticks.
Interesting opinion. I think 800,000 franchise owners would say otherwise, but I'm sure there are plenty of owners not making the money they want just like any other business.
Bro, any profitable franchises with zero down payment? I think that would be the front page news.
Good job keep it up!
Thanks, will do!
I used to see 3 or 4 RNR in my city before, now only one is still open and I almost never see anyone there. They target low income neighborhoods. We are not in early 2000s anymore where spinners were it and all the rappers sang about was how big their rims were.
Hey Tariq what franchises do you own?To be honest I don't think you own any franchises. Am I wrong? Please explain
😅your form says I am not a good candidate for your services because my financial situation is too low to be approved.
Thanks for the video, it was interesting. But none of these businesses interest me.
Well, on 2nd thought, the fencing company and archadeck are interesting.
How strict are networth requirements?
Pretty strict I’ve found
What’s the difference between cash flow and gross revenue? I’m look to buy a resale franchise. Asking price $39k, cash flow $60k, gross revenue $300k, what does that mean?
The cash flow (net) shows the positive inflow of money (it is more than the outflow) meaning there is money left to work with. Gross revenue is the sale generated by the service/products etc.
Where is the video on why he sold his franchises the smoothie spots....I can't find it
Plus the ridiculous ROYALTY FEES you pay the Franchises.
They were able to start the business from scratch and put all the blood, sweat, tears and risks into creating a brand that you are then able to be a part of, so they deserve those royalties.
This guy is the GOAT!!
He is. Amazing research.
Monkey
Thanks Juan!
🐒
Pretty useless and misleading video. The graphic shows profit margin on the right side and that it is the one thing that is conspicuously missing from every franchise discussed. It doesn't matter how much you have in sales. The title to the video implies that these businesses make a lot of money, which usually means net profit and not gross sales. It is impossible to determine if this is true or not from the video. Besides a general intro to a few franchises with a good track record of gross sales, this video definately does not live up to it's own hype.
Appreciate the feedback...
Here's a recent video I did diving deeper into profit margins of franchises that disclose it. ua-cam.com/users/liveUH5bA5R4SPg
The intention of the video is to bring attention to franchising, and provide the entire level of insight that me and my team have on the data, reported. I'd love to see the profits too! But the access to the data we have on these businesses is on sales.
Now, I hope that people start researching and doing due diligence to get the answers to the questions they are looking for. (Which I have a lot of videos on how to do that)
Don't know if he is being honest but I suspect the real intention of the video is to get views not bring attention to franchising... because he could have focused on net profits.... then problems and drawbacks he was aware of but instead he did as you described.... But making videos is not easy so I will hand him that though!!!
@@donaldlyons17 dude he is a youtube creator, he is supposed to try to get views, thats his job. You gonna shame a car salesman for trying to sell you a car too?
@@josh2676 Yes but he is talking bout making money but not talking about all the issues and other problems that I would suspect are also there.... There are reasons why investment places have disclaimers....
I kept thinking. Yea, it’s great they have hundreds of thousands in sales, BUT how much money are they making?
This is a great video 😊😊😊
Glad you enjoyed it!
I've see RNR in my city and my ex has used Express Staffing, this is wild 😂
Niiice!
Why is your brick design wallpaper not aligned properly? It made me focus on it...an obstruction .
😆 it drives me crazy. It’s 3 years old- time to replace.
But progress over perfection is my motto 👌🏽
I never thought franchising could be so profitable. I thought it was just flipping burgers or stuffin tacos.
Thank you🙏 Tariq for the insight. I prefer Express Employment Professionals franchise
Great 👍
S&P did 35% this year and I didn’t lift a finger
Precision Garages of course.
The main thing for the average person is… Start up Cash PERIOD!!
ua-cam.com/video/bDLLzIhYBrs/v-deo.html (How to Buy a Franchise with No Money)
Do you have the ability to negotiate royalties or franchise fees if you are one of the first few to start their franchise?
Not typically but doesn’t hurt to try.
Sometimes you can negotiate a better territory, or other things though if the franchise is really new.
They sometimes offer discounts to certain franchisees.
Less than a couple of 100,000 grand 😢 you only need 40,000 😅 to get started
You'll get there. Here's a video I made on How to Buy One if you don't have money ua-cam.com/video/bDLLzIhYBrs/v-deo.html
Only $40,000?? I’m on the wrong video.
🤷🏽♂️
I love the Precision garage
Nice. Want us to see if it’s available for ya? www.franchiseempire.com/checkterritory
Tell you what, these people that own key businesses that make key fobs and keys for new cars are so busy they the hardly ever answer their phones. Just getting ahold of people is such chore, this is why shoppers shop at Amazon or big box companies, can't get a hold of the small business owner...not for locksmiths anyway.
Interesting!
What about a commercial driving school?
Grady Judd! 😂 The best!
He’s so funny
Assisted living seems interesting. I’m going to do some more research on that.
Who has $5- $10,000 and upward just lying around??? Or the credit for a Loan!!! EXACTLY💯
If you don't have the discipline to have good credit, or to save money - then maybe owning a business isn't the right path for you?
ua-cam.com/video/bDLLzIhYBrs/v-deo.html (How to Buy a Franchise with No Money)
Obviously, the hundreds of thousands of ppl buying franchises
Should have titled this video "Franchises"... not "Businesses"...
It’s hard to trust anyone in the internet. The game is sold not told. Someone is always selling something. Guy selling books and video.
He is giving us info and as he does it he is trying to sell his product what’s wrong with that ? We do that on our daily lives so don’t be that dramatic just go be scared and DONT trust 😂 absolutely no one will notice 😅 anyways thanks for the video man !!! I’m learning a lot just by your channel WITHOUT buying the book 😒 but on a serious note THANKS FOR SHARING!!!
Sure franchise sounds nice to begin with but then u find out you can’t sell it in the end and ur fucked 😂
UMM… You can sell it.
I sold both of mine, and literally help people buy resale franchises on a daily basis.
@@TariqJohnson sounds like it too good to be true. I’ve seen to many franchise owners close up shop cause no one wanted to buy the business. And even if they did the deal was so shit that they might as well have closed up shop instead of wasting time building the business just to sell at low multiples.
I wanted to own a Dutch brothers, but they no longer do franchises
Operating income is an operating income. This is not net profit or margin. You won't “take home” this money lol
NEVER. NEVER open a construction based business that you have to scale up. The only construction worker you can count on is yourself to do the work. The industry is plagued with druggies and flakes available to hire. All of the best people own their own business and won't work for you. So now you pay for ads and go generate 10 jobs. You can do one. You now have 9 clients pissed that a loser in a rusty truck came on your behalf and did a crummy job or that nobody showed up at all.
Remodeling is a GREAT business but it's almost IMPOSSIBLE to find good help to scale.
12:26 home care
Archadeck and Precision Garage.
I do not like franchises.
Ok
Made me a multi millionaire in 3 different franchises
@@Makindealzwhat franchises? Shoot me an email. Always looking for solid podcast guests. Info@tariqjohnson.com
Why? They are not all the same. It’s just an agreement between the franchise and franchiser.
@@thomasgriffith7364 One compelling reason to refrain from buying a franchise is the lack of complete control over your business. When you invest in a franchise, you are bound by the franchise agreement and must adhere to the franchisor's rules, regulations, and operating procedures. This can limit your ability to make independent decisions and innovate within your business. Additionally, franchise fees, royalties, and other ongoing expenses can significantly impact your profitability, making it challenging to achieve the level of financial independence you may desire as a business owner.
Great video but the music makes it’s hard to listen to.
Ardhadeck was one of my old clients (I work at an agency). It is not a business you want lol
Any review like this that lauds sales volume figures without stating net profit margins isn't earning my interest (pun intended). Without a closer look at whether the businesses actually have--and sustain--meaningful bottom lines, this could just be another clickbait list.
You can just smell the jealousy dripping from the fingers of these commenters! Why so much hate, y'all!? 😂😂😂
Staffing express business
Franchises are the worst ways to start a business.
So far for me RNR
Remove the background music please
You have to pay your franchise cost, then you have to think about the operating cost, then you have to deal with your employees. Doesn't sound great.
Way too much, fill in needless talk!
I’ll just make the next one only closed captions, I won’t talk at all. Better?
@@TariqJohnson It's like this. People from the US live their fluffy fill in talk, most people outside of the US want it said faster with much less fluff. The longer the talking and the more fluff, the more that I feel that I'm getting ripped off. Just my thoughts, we live in a fast paced world...
Five Star Bath Solutions
😍
1996 n 2002 is not 20 years 😂
I'm lost, what part do I say that?
Yeah of those millions of $ you list in GROSS SALES, what percentage of that goes into the Fran hose buyers pocket? I bet not much.
What basis do you have to make that bet? I find most people who make comments like that have no data, stats or relevant numbers to back up their statements.
Here's a video I made that breaks down a couple of franchise businesses profit margins. ua-cam.com/video/fHlxqJpeFkE/v-deo.html
@@TariqJohnsonjust answer his question. if you can’t back up your video with facts then delete it… simple lol.
Net revenue, gross revenue. Don’t tell me squat.