Owning a Florida Franchise 101


What is a Franchise?

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a Franchise Agreement.

Simply put, a franchise is a business opportunity that allows the franchisee (possibly you) to start your business by legally using someone else’s (the franchisor’s) expertise, ideas, and processes. In some cases, this means also having the right to use the franchisor’s established name and branding, as well as their already-tested business model. In other cases, this means the right to resell (or distribute) a franchisor’s product.

More completely, a franchise is the right to use someone else’s business system. As a franchisee, you purchase this right by means of a franchise fee and in accordance with a contract, called a franchise agreement. In return, the franchisor maintains the business process and you agree to operate your business according to their model.

When you hear the term “franchise”, the most familiar example is fast food-such as Wendy’s, McDonald’s, or Burger King. The important thing to note is that these Franchisors are not just selling burgers; they’re selling a consistent way to run a business that sells burgers. This includes marketing, advertising, recipes, the look and feel of the facility from which you, too, would sell burgers, and the very well-known branding that goes with that system.

Fast food and restaurants are not the only examples of franchises, though their success is probably what brings them first to mind. Just about every industry you can think of includes a successful business practice sold as a franchise-from janitorial services to tires to haircuts. There are as many different franchise business systems as there are goods or services that people wish to use.

What are the Franchise Opportunities in Florida?

Florida is bursting with opportunities to start a business from scratch, or to go the franchise route, which allows you to work with a business concept that is already running. Whether you decide to start from the beginning and develop something new or choose a franchise is completely dependant upon what role you would like to have, how you want to invest your time and money and the risks involved.

With that being said, there are many franchise opportunities available in Florida, and there is no better time to get involved than right now. There are a few franchises advertised on the Franchise Direct site. For a complete list, click here.

Healthy YOU Vending

With the health craze taking over Florida, this business is a great opportunity for those interested in health and wellness, especially as it is currently the nation’s largest supplier of healthy vending machines.

Omega Learning® Center

Learning is going remote and digital all over the world, so it only makes sense for tutoring and educational services to be available online. Omega Learning® Center is the next generation of educational learning centers, providing a “one stop shop” for all educational services. Omega Learning® Center has successfully bridged the gap between three expansive and thriving US markets: tutoring, private school, and home school.

Tapout Fitness

Along with Florida coming into a more health-minded state-of-mind, it only makes sense that fitness follows along right after it. The Tapout Fitness opportunity brings the “best of the best” in the fitness sector to its franchisees, providing some of the most powerful tools in the industry to help you become successful.

Florida, the Time is NOW

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Florida’s Driving Industries

Top 10 Industries Driving Florida’s Economic Growth – Part 2

The Sunshine State has so much to offer in terms of beautiful weather, beaches, food from all over the world and amazing entertainment. It’s no wonder there is so much appeal to live in Florida, but it doesn’t stop there. Many industries are quickly picking up on the value to centralizing their ventures around Florida, but in particular; Miami, Broward and Palm Beach County. If you are looking to start a business, now is the time. We took a look at several industries that are contributing highly to Florida’s economic growth, and our list continues!

6) Transportation

People have to get around, don’t they? Surprisingly enough, tourists aren’t the only ones looking at alternatives for transportation. Many Florida residents close to the downtown areas and beaches are opting for using transportation such as Uber, Lyft or even electric scooters!

Recent reports show a climbing trend in Florida’s transportation infrastructure, especially with the top state in the nation. A continued strengthening in the economy has increased the need for multiple types of transportation services. Recent data shows a steady growth of a little over 1% in the last year.

7) Professional Services

The professional services industry is making its mark in Florida, currently accounting for over ten percent of the state’s workforce. While there is certainly expansion across the state, Orlando is the nation’s leader in new job growth, with the professional industry seeing the most jobs created—more than 13,000 last year. The steady climb that began in 2013 is still moving upwards into 2018. These jobs include lawyers,advertising professionals, architects, accountants, financial advisers, engineers, and consultants, among others.

8) Health Care

In 2018, Investopedia listed Florida as the number 1 state to retire to. With all these snow birds and retirees, along with tourists and a large amount of people coming to the Sunshine State to contribute positively to their mental health, it’s no wonder why there is such a need for healthcare professionals.

Florida’s booming healthcare industry aided the state in besting the U.S. in income growth in 2016. The industry was also the leader for state income growth at over five percent from the previous year. In 2015, the healthcare industry was responsible for over 900,000 new jobs and almost $130 billion in state revenue.

9) Technology

With all the entertainment comes all the technology. Music festivals like the annual Ultra Music Festival in Miami bring in the most wild and bold professionals of the technology world to run a sea of light and audio equipment for some of the world’s biggest artists in the EDM scene. But it doesn’t stop there, music shows, festivals and clubs are always looking to bring on professionals who can run intricate equipment and create dynamic experiences.

Florida has a rapidly expanding tech industry that has moved up to fourth place in the country in new job formations with over 12,000 new positions in 2017. Technology makes up 8% of Florida’s economy (almost $40 billion), including over $1 billion in venture funding for start-up businesses in burgeoning tech hub Miami.

10) Food Service

Oh, the food. With Florida being a well known melting pot of different cultures, people flock to South Florida to dine on a colorful array of cuisines. Higher end restaurants are constantly looking for staff to provide a tailored and professional experience to their guests, and new concepts open every day to compete for business.

Florida’s food service industry is steadily on the rebound from Hurricanes Harvey and Irma that devastated areas in the state in 2017. While citrus farmers are reported the worst season in decades, Florida is still lead the country in restaurant sales during 2017. Additionally, Miami is seeing steady growth with a new restaurant trend—food halls—that melds the concept of food courts with a fine dining experience.

Florida, the Time is NOW

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

10 Industries Driving the Sunshine State

Part 1

With small businesses and entrepreneurs coming into their own at an exceedingly high pace, the question on everyone’s mind is what industry should I get into? Where should I start my business? Depending on what type of business you want to start (local or online), there are many choices, but in most recent years it seems that more and more people are starting businesses in Florida. The reason everyone is flocking to the Sunshine State is due to these 10 industries that are driving the economic growth at a dynamic level:

1) Construction

Florida’s construction industry has been steadily growing over the past few years. In 2017, Florida showed an increase of over 7% in new construction jobs added, making it 4th in the nation in job growth. The Northeast Florida Builders Association reported an increase in new building permits issued—up more than 1,000 from the previous year to almost 9,000 permits.

This increase in need for construction work coincides with the booming real estate industry. With Florida being a coveted location for vacationers, snow birds, celebrities and just plain ol’ warm weather & beach-lovers, many people are investing in properties and land. As the many years and weather conditions create wear and tear on the buildings, many people decide to completely rebuild from the ground up. For others, it’s simply an alternate style choice.

2) Retail

The retail industry in Florida is holding strong and moving forward, bringing in over $3 billion in sales during 2017. New retail businesses are filling the voids left by big-box retailers who have vacated shopping centers in major cities. South Florida is showing the strongest expansion in retail, with the Miami area netting almost $900 million in sales last year.

Whether it’s a boutique soap company, beach-y clothing line, or an artisanal donut shop, South Florida is the place to bring all your ideas and entrepreneurial spirit.

3) Consulting

If you have an abundance of knowledge to share with other businesses, why not consider becoming a consultant? The most successful businesses in the world didn’t get there by chance, they hire other professionals to help them along the way, whether it’s with marketing, design or even building strategy.

The consulting industry in Florida has made significant headway in the last few years—in a recent report on the fastest growing consulting firms around the world, three Florida firms found themselves among the top 50. Orlando is fast becoming a growing hub for multi-million dollar consulting firms like Deloitte, KPMG, and ADP.

4) Real Estate

As we have already mentioned, the Real Estate industry has grown in leaps and bounds in Florida over the past few years. More people are flocking to the Sunshine State looking for more than just sunny days, but a piece of property in paradise. Snowbirds are choosing AirBnBs instead of lavish estates that go vacant over the rest of the year. Celebrities are always looking for a new home to add to their vacation collection. The Florida appeal is there, waiting for people to sell it.

Florida’s real estate industry has been steadily increasing, particularly in South Florida where luxury home sales have been consistently growing. And in the northern part of the state, the average home price in Jacksonville has jumped over seven percent since last year. Additionally, the commercial side of the real estate industry in Florida comes in third place in the country—a positive effect from the expansion in other industries (retail, consulting, healthcare, professional).

5) Entertainment

With all the bright lights, flamingos and art deco filling the feeds of Instagram Influencers, Miami and South Florida in general are in the spotlight and everyone is dying to come to where the party is.

Miami is seeing the largest volume of new entertainment business formations in the state, possibly bolstered by the influx of tourists over the last year — a record-breaking 15 million visitors flooded Miami and spent over $25 million in the city. The leisure and hospitality industry added almost 150,000 new jobs over the past year, further bolstering the city’s economy.

Florida, the Time is NOW

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Why Now is the Best Time for Florida Entrepreneurs

So recently, it has been stated that Florida is one of the best states to start a business, according to a Small Business & Entrepreneurship Council report released this month. Our beautiful, sunny state was ranked fifth for policies that are welcoming to young entrepreneurs, directly after South Dakota, Nevada, Texas and Wyoming. The Washington D.C.-based nonpartisan research organization ranked states based on small business-related taxes, regulatory environment and government spending.

“From a federal and state tax standpoint, [Florida is] a very attractive place to start businesses, or frankly, to relocate businesses,” stated Jim Cassel, chairman and co-founder of Miami investment banking firm Cassel Salpeter & Co. It makes sense because the state doesn’t take personal income tax, estate tax or inheritance tax — but that’s just one piece of what will draw entrepreneurs to Florida in 2015, said Cassel.

Here are two reasons why South Florida entrepreneurship experts believe small businesses will grow here in the coming year:

Venture Capital and Angel Investors are Moving in.

In 2019, venture capital firms Scout Ventures and Richmond Global Ventures opened offices in Miami, demonstrating national and international interest in the South Florida startup scene. “But that’s just the beginning”, Florida Venture Forum President Kevin Burgoyne has said. “Just in the last three weeks, I’ve had meetings with four different venture investors who are in the process of opening offices in Miami,”.

“As more investors set up shop in South Florida, there will be less reason for startups to move outside the state”  as stated by Burgoyne. “There’s always been a little bit of money in South Florida, but money that is willing to invest in early- and mid-stage companies often comes from outside the state, and there is an increasing amount of money that is based here in Florida. That’s very encouraging.”

South Florida Entrepreneurs Have More Resources Than Ever Before.

“It’s more than just money,” said Ranjini Chandirakanthan, who leads the technology practice at Cassel Salpeter & Co. South Florida, “entrepreneurs have more access to mentorship, workspace and other resources than ever.”

“Money, culture [and] access to human capital all make an ecosystem,” she said. “And I think it’s here. For the savvy entrepreneur with a great idea, I think it’s easier to tap into that network here.”

Coworking spaces like the Axis, Regus, LAB Miami, accelerators such as Venture Hive and scores of other organizations and events have helped change the landscape for local startups. It really is just remarkable what resources are available — in almost all cases, at little or no cost to an entrepreneur. Local universities are training the next generation to think like entrepreneurs. South Florida’s universities are focusing resources on entrepreneurship through startup resource centers and world-class researchers. Florida Atlantic University opened its Tech Runway accelerator this year, while Miami Dade College announced plans for its Idea Center.

Opko Health CEO Dr. Phillip Frost has also put his checkbook into recruiting top-notch researchers to the area. “Unlike LeBron, they really do bring their talents to South Beach and stay,” stated Dr. Frost.

Florida, the Time is NOW

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Florida is Bursting with Vacant Homes for Investors


We are living in a time where entrepreneurship is on the rise, and everyone is looking for inspiration to guide them to their next business venture, as well as how to get the funding. If you find yourself in a similar position, we can offer some suggestions. Today we will be focusing on buying properties, and how you can take advantage of Florida vacancies to start your business.

Businesses Involving Properties

LendingTree ranked the nation’s 50 largest metropolitan areas from highest to lowest vacancy rates. According to this study, Florida vacancy rates are well above the national average.

“Miami, Orlando, Fla. and Tampa, Fla. have the highest vacancy rates in the nation. Their vacancy rates of 17.09%, 15.93% and 15.25% are well above the overall metropolitan average of 9.44%. One of the main reasons vacancy rates are so high in these areas is that Florida is a popular destination for homeowners to buy secondary residences. These types of residences often remain unused throughout most of the year, with their owners only living in them during select times, like winter. This means they count as vacant in our data. [Lending Tree]”

So what does this mean for you? Well, if you are looking for a great business opportunity, Florida has a lot of properties to work with on various levels. Florida is a beautiful vacation spot, a part-time home for Snow Birds, a party metropolis, and just a gorgeous home to everyone else in the Sunshine State. There are so many options when it comes to buying a property; flipping, long term rentals, short term rentals (like Airbnb), and even more if you have some imagination! So if this sounds like something you would like to turn into a business, now is the time and Florida is the place!

How to Get the Funding

As far as funding goes, well, it most likely goes without saying that we pride ourselves in being able to connect small business owners and startups with funding through no-doc loans and start up specialty loans. Our desire is to see entrepreneurs succeed, which is why we offer an initial free consultation. Our happy clients have left positive reviews on our Google Reviews Page, and one of the most common praises we receive is about how thorough we are in explaining the process to our clients and potential clients.

We want you to be able to confidently work with us to gain the funding you need to grow your business! And if something is holding you back (and credit scores seem to be the biggest obstacle now-a-days), we can offer options to help remove inquiries that may negatively affect your credit score. Our goal is to create a path for you to be in the best shape possible to get the maximum funds you need for your business.

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

5 Components to a Self-Employed Benefits Package



When you’re self-employed, you get perks that many traditional employees miss: Unlimited vacation and sick days, flex time, tax deductions, and perhaps the ability to work from any location. These are just a few upsides of being your own boss.

Whether you have a part-time side gig or run a small business full-time, enjoying the entrepreneur lifestyle may be a huge reason you want to work for yourself. But a major downside to all this freedom is not getting a cushy benefits package, which most employers offer.

In this post, you’ll learn how to create your own self-employed benefits program, which is probably easier than you think.

1. Individual Health Insurance


If you’ve made the leap from a corporate job to being self-employed, the first benefit you’re likely to miss is health insurance. Group plans cost much less than an individual policy; plus, your employer may have subsidized all or some of your premium.

If you have a spouse or domestic partner with group health benefits, you can become a dependent on his or her policy. But if you’re single or have a partner who’s also self-employed, start shopping.

Depending on your income and family size, you may be eligible for a subsidy that reduces the cost of coverage. If you have low income, you may qualify for free or low-cost coverage from Medicaid or the Children’s Health Insurance Program (CHIP).

One option to reduce the cost of health insurance is to choose a high-deductible plan. These allow you to make contributions to a health saving account (HSA), which you can spend tax-free on many different qualified medical expenses.

2. Health Savings Account (HSA)


With many types of insurance policies, a strategy to cut premiums and save money is to raise your deductible. A deductible is the amount you must pay first before your benefits kick in.

If you’re in relatively good health, a high-deductible plan can make sense. But the downside is that if you do get sick, you’ll have to pay more out-of-pocket before your payouts for covered claims begin.

When you choose a high-deductible health plan, not only do you pay lower premiums, but you’re also allowed to contribute to a health savings account (HSA). You can have an HSA if you get your qualified plan on the open market as an individual, or through a group plan at work.

Contributions to an HSA are deductible on your tax return, which reduces your tax liability, even if you don’t itemize deductions. Your funds can earn interest or be invested for potential growth. And when you take distributions to pay for qualified medical expenses—such as doctor co-pays, prescriptions, eyeglasses, and supplies—your contributions and earnings are completely tax-free.

3. Term Life Insurance Policy

The good news is that if you’re in relatively good health, finding affordable life insurance is probably easier and less expensive than you think.

First, consider if you need a life policy. If anyone depends on you or would be hurt financially if you weren’t around, such as children, a spouse, partner, or aging parents, you need life insurance. There are different types, such as term life and permanent life, depending on your financial goals.

  • Term life insurance provides a benefit upon the death of the policy owner for a set period, such as 10 or 20 years. Many people prefer term insurance because it’s inexpensive and gives you the most benefit for the dollar.
  • Permanent life insurance includes a variety of products such as whole life, universal life, and variable life. I won’t get into the details on each of those, but they provide a death benefit and an investment all wrapped up in one. They’re also called permanent life policies because you get lifetime coverage.

Life insurance coverage is more affordable than most people think. For example, if you’re in your 30s with relatively good health, your premium for a 20-year, $500,000 term policy would be about $200 per year. You can shop and compare term life quotes at sites like Haven Life, Liberty Mutual, and USAA.

4. Disability Insurance

Did you know that you’re more likely to suffer a disability than you are to die before the age of 65? And when a long-term disability occurs, the average absence from work is 2½ years. Remember that health insurance only pays a portion of your medical bills; it doesn’t pay your living expenses, like housing or food, if you can’t earn money for an extended period. A disability policy pays a percentage of your gross income, such as 60% or 70%, if you can’t work due to a disability, illness, or accident.

Not being well enough to work could cause a major financial strain for you or family members who depend on your income. Social Security is only available after you’ve been out of work for a year and are completely disabled.

If you’re self-employed, you can elect to pay state disability premiums, which may be less expensive than a private policy. Shop both options to find coverage that makes sense for your work and financial situation. Check out companies including MetLife and State Farm.

5. Contribute to a Tax-advantaged Retirement Account

Another essential benefit you’ll need to handle on your own after becoming self-employed is contributing to a retirement account. There are great options to invest for the future, even when you don’t have a traditional day job with a 401k.

There are great options to invest for the future, even when you don’t have a traditional day job with a 401k. Here are four different types of tax-advantaged retirement accounts to consider when you work for yourself.

1. Traditional IRA (Individual Retirement Arrangement).

2. Roth IRA

3. SEP-IRA

4. Solo 401K

Thinking About Starting Your Own Business?

Being your own boss is an exciting jump to make, but when entering into that adventure, you’ll find that there is much preparation to be done. One of the biggest obstacles new business owners find themselves up against is funding. Where will you get the money to purchase your equipment? How will you purchase or rent a space? How will you hire your marketing specialist? Or pay for advertisements? Fortunately, many new business owners qualify for Business Loans or No-Doc Loans. If you’re ready to dive into your new business, give us a call to see what size loans you qualify for. There’s nothing more exciting to us, than helping out new business owners to achieve their vision!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

How to Create a Business Through Drop Shipping

Do you need a college degree to start a business?

What is Drop Shipping?

Drop shipping is essentially the process of selling goods from a third party platform, to your customers. The third party business will take care of the production and shipping for you, which reduces your overhead costs.

What can you drop ship?

Pretty much anything. These days, if you can dream it, you can create an online store around it. Instagram is littered with little shops with intriguing collections curated to fit their branding. For example, clothing and accessories are the most common types of businesses who sell items from a third party business to their customers.

What kind of business should I start?

It’s a really fun process, dreaming up the different ways you can sell from a third party business. If you have a tendency to be hands-on and creative, then there are hundreds of platforms that will allow you to create designs and then have them implemented onto t-shirts, hoodies, coffee mugs, tote bags and so on. The third party business will take care of the printing, shipping and even the customer service for you! This will remove a lot of the stress from your plate, and allow you to focus on imaging designs to fit your brand. Start with the type of concept you want for your brand, what your voice will be as a business. Do you want to make a statement? Will it be political? Centered around music? Do you want to appeal to kids or adults? Once you choose the direction or theme for your business, you can begin to pour your creative talents into innovative designs.

If you would rather curate a collection, choose a platform like Alibaba and again, choose a theme. Their options are endless! Would you like to sell home goods? Cookware? Sports equipment? You name it, they probably have a large variety for you to pick and choose for your website or social media store.

What is the cost?

Starting with the basics, you will want to prepare for your average small business costs, such as equipment. Will you be needing a computer to design your work? Will you need programs such as Adobe to create your designs? You will also need a platform for your customers to purchase from, so creating a dynamic and functional website is a must. Many third party sites will also allow you to create a store within their platform, so if you are not able to create your own branded website, that will suffice.

Consider the cost of hiring potential employees to help with the workload, such as design creation or website development. If these are things that you are not comfortable enough to implement yourself, you will need to factor in the cost of outsourcing that work. Aside from these things, you will most likely not need to hire many people, if any,

Finally, your biggest cost will be marketing. You are essentially taking the products from another company and marketing them in alignment with your brand. Using Paid Ads, such as Google AdWords and Facebook or Instagram Ads will increase your audience exposure. You will also need to research and develop target audiences to market the products to. If this is something that you do not have much experience or you just don’t feel like learning it, you may need to look into hiring a social media or ad specialist to help set up your ads.

What if I don’t have enough money to get started?

The amazing thing about these types of small businesses, is that if you are motivated enough, you can start the business will little-to-no cost. On the other hand, if you need assistance and must turn to outsourcing for some of the set up, or if you want to go full throttle into the paid ads, then you can look at acquiring Small Business Loans or Start-Up Loans. The possibilities are endless, so determine what will be the best fit for you!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Do You Need a College Degree to Start a Business?

Do you need a college degree to start a business - Business startup - Entrepreneurs -  Small Business Loans - Start-Up Loans

So you have this brilliant idea for a business. You may have gone as far as mapping out your business plan, gathering your best networking contacts, and have looked into Small Business Loans. There are many classes to take, YouTube and other online webinars, and maybe you even registered to learn all you could about running a business. I mean, maybe that’s why you’re taking a peek at this blog! The big question remains, “Do I need a college degree to start this business?”.

This debate has been going on for quite a long time, whether entrepreneurs need college degrees to succeed, or whether the time and money spent earning that diploma is better spent launching your business. With college costs and student debt skyrocketing, the newest consideration is whether student debt is preventing would-be entrepreneurs from starting a business.

Drowning in Student Debt

Let’s take a look at the numbers. A recent study shows that a person who graduates with $30,000 in student loans is 11% less likely to start a business than a person who graduates with no student debt.  $30,000 is nearly the average student debt load. As of 2018, 42 million students have a debt amount of $100,000 or less, with most of these borrowers between $10,000 and $25,000. That’s quite a bit of cash!

The best time in your life to start a business has been considered your 20s and 30s. At this point in life, most people do not yet have a mortgage to pay, children to raise, or a spouse to consider in the equation. However, individuals in their 20s and 30s are likely to have looming student debt payments, unlike Generation Xers or baby boomers.

With good solid job opportunities being difficult to find, the young adults today are stuck between a rock and a hard place. Ironically, with more college-level entrepreneurship courses and entrepreneurship degrees than ever, getting a college degree could seem even more helpful for starting a business.

Startup or School?

The choice is different for every person, and highly depends on their circumstances, target industry, personality and so on. If you are looking to become your own boss and deciding whether you should enroll for a degree, consider these factors:

  • What is your Business Concept?

If your sights are set on a business in the professional services industry, you may need to get a specialized degree in your field. However, there are some types of businesses that only require an apprenticeship program and work experience – such as carpenters.

  • What education alternatives do you have?

We live in a very advantageous time, where online education is a click away. From YouTube tutorials to Ted Talks, Lynda and various professional webinars and online workshops, you have many options outside of the traditional college setting – depending on your industry of course.  

  • What other advantages would you get from college?

Don’t be so quick to cross a college education off your list. First examine what opportunities you would glean from college that you wouldn’t have access to otherwise. This includes Professors – amazing resources and networking contacts to have in your book. Peers in similar industries, as networking contacts and moral support. Along with specialized learning materials, the contacts you make in college are some of the best reasons to invest your time and funds into a college.

  • What is your financial situation?

Think about how much money you have available, whether you have capital for either college or a startup and calculate the numbers. Take into account your existing financial obligations and create a picture of your financial state – present and potential. Not only are there loans available for education, but also for Start-Ups and Small Businesses. Maybe in your financial situation, you will find that the best bet for you is a No-Doc Loan? We have many options to help you explore, if that is your case.

  • Is now the best time?

We know that you are excited to start your new business, but don’t be afraid to consider the timing. Some businesses are best launched by a younger person; for others, you need a bit more life experience. Perhaps this is one reason entrepreneurs in their 20s are less likely than older business owners to build high-growth companies, according to a paper Age and High-Growth Entrepreneurship. Would waiting to start your business benefit it in the long run?

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

4 Ways to Deal with Holiday Stress as a Business Owner

loans, business loans, start-up loans, case studies

Oh, the holidays can be a magical time filled with heart-warming moments, but they can also drive you crazy – especially as a business owner. For many businesses sales are fantastic, but the increase in traffic also equates to more fires to put out and also more of the business funds to be routed to things such as; extra help during the busiest times, equipment breaking down, and of course gift giving. You may often wonder how in the world you will make it out alive, but we have the inside scoop to help you retain at least enough sanity to enjoy the holiday fun.

  1. Recycle

No, not plastics – people. Finding good help is difficult, so when you discover an individual who exercises good work ethic and output, keep bringing them back. It’s easier to teach a person new skills, than to instill honest and diligent work ethic. During high traffic times, such as the holidays, many businesses will hire seasonal employees to help ease the load. When it comes to these circumstances, keep a file of individuals with a proven record of working hard and maintaining a positive attitude. It’s rewarding to both parties and keeps consistency and predictability in high stress times.

  1. Plan out Marketing Campaigns

When it comes to the fast pace of the holiday season, nothing will set you up for success like planning ahead. You can do this months in advance, before the stress begins to enter your workplace. Analyze your competition and your target market ahead of time to set up any promotions you may be running, as well as goals and sales projections. Having your marketing planned out and in place well before the season hits will not only alleviate some of your stress, but will keep all your goals visible to all involved. Coordinate your social media content, email marketing and paid ads, whether you have someone in-house to develop the content or even if you must bring on additional outside help to ensure that your campaign is created and executed flawlessly.  

  1. Organize Your Appointments Schedule

Many resources are available to help you to rein in your appointments schedule. For example, Square’s scheduling software is one of many effective tools for those in the service industry to keep track of appointments. Your clients can book services at any hour, any day of the week, and you can sync your personal calendar for added convenience and clarity. Checking availability, confirming appointments and sending text or email confirmations are just a few of the advantages to using platforms like Square to manage your schedule. At your busiest times, any tool that can help you organize information is key to your success.

  1. Budget for the Unexpected

Surprise expenses can pop up at any given time of the year, but during the holidays these types of unforeseen expenses tend to make more of an unscheduled appearance. From employee gifts or bonuses, to special promotions or even fixing equipment that has suddenly gone haywire, having a specific budget set aside for the holidays is the best way to prepare your businesses for all types of surprises. If don’t have the extra room in your budget, and especially if you are a small business or self-employed professional, you have the option to take out a Small Business Loan to cover your bases. If you are just beginning your business around this fast-paced holiday season, you can even build your financial foundation from the start by taking out a Start Up Loan or No-Doc Loan. We can guide you through the process to make sure you are able to prepare your business to flourish during this potentially profitable season!

 

No-Doc Loans, Start-Up Loans, Small Business LoansUnsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Holiday Zen in Business

Holiday Zen in Business Loans

In recent years, one of the surprising trends has been the rise of mindfulness in the workplace. Many business leaders are turning away from the traditional stereotypical mindset of “hard-charging, aggressive, workaholic business person” and are seeking a softer, calmer, gentler, and more generous and peaceful approach of mindfulness.

Mindfulness means different things to different people. Some business leaders are using meditation or mindfulness apps to help them stay focused and calm throughout the day; other business leaders are doing yoga or using a daily spiritual practice to help them keep their minds clear and centered. But whatever mindfulness means to you, there are a few reasons why mindfulness can help your business. With mindfulness, you will:

Center Yourself

Running a business is exciting, and most business people are powered by passion, but that doesn’t mean you have to be running ragged all the time and feeling like a nervous wreck. Mindfulness helps business leaders stay relaxed and focused. If you’re feeling frazzled or overworked, mindfulness—whether it’s meditation, yoga, or some other spiritual practice, or even something simple like going for a walk outdoors and feeling grateful every day—can help you stay in your best, most productive mindset.

Make Good Choices

When you are deprived of sleep, anxious, and cranky, you’re less likely to make good business decisions. Mindfulness practice can help with this, too. Being mindful can help your brain feel rested throughout the day; it keeps your mental muscles feeling fresh. Instead of feeling pressed for time and low on patience, mindfulness helps you remember to operate with a spirit of abundance: There is enough time, there is enough room, there is enough opportunity for you to do your best work.

Mindfulness acts like a little angel on your shoulder, nudging you in the right direction and helping you make the right decisions—and helping you feel at peace with the decisions you make, even if the results don’t work out as well as you’d hoped.

Improve Time Management

We only have 24 hours in the day, and unless you’re a cyborg who doesn’t require sleep, we’re only awake for 18 hours (or less). Instead of working more hours, look for ways to maximize your time by maintaining a calm, clear mind. Mindfulness can help you relieve your anxiety, improve your mental clarity, and boost your productivity—not by spending more hours at your desk, but by getting more out of the time that you spend, and by getting better at delegating or offloading your workload in more productive ways.

Become Creative

Mindfulness can help you come up with more creative ideas and be more innovative. The best ideas often come from idle moments of daydreaming and free thinking; your mind needs to be calm and relaxed to be able to wander. Your opportunities are limitless when you approach them with a creative mindset. You can even take out Business Loans to help achieve concepts that you may have limited yourself on in the past.

Get the Most out of Life

Mindfulness helps you maintain a healthy perspective that can help you at work and in life. Meditation and emotional calm can help you realize and reach for the accomplishments and experiences and relationships in life that are truly important to you. Whatever you truly need more of in life—whether it’s finding the right clients or taking a long-deserved vacation—mindfulness can help you to visualize it and accept it.

Redefine Success

Why should people assume that the only way to be successful in business is to be busy all the time? Some of the most successful people are great at relaxing and carving out time for themselves, and not just working and being reactive to the demands of work. Mindfulness can help you dig deeper into what you really want your life to be about, and what values are really important for you to live by, in ways that go beyond traditional metrics of business success.

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584