Financing your franchise business: means of securing capital

Black Enterprise, Sept, 2004 by Mark N. Howard

"Every year, our staff, franchisees, vendors and friends come out to support the Tournament," said Kenneth D. Walker, Meineke President & CEO. "It's a day to put aside business concerns, enjoy each other's company and experience again how much better it is to give than to receive. Our Meineke family is proud to be affiliated with CMN and thankful to be able to contribute something back."

Meineke Car Care Centers offer a wide range of services including exhaust systems, oil changes, brake repair and many other maintenance services. They are a nationally recognized brand with a proven system and a nationally recognized spokesperson. A recent name change from Meineke Discount Mufflers to Meineke Car Care Centers solidifies their position as the leader in brake repair. Unique inventory control and group purchasing power enables Meineke to adhere to a 'Discount Concept' while delivering quality service..Meineke is currently offering franchise opportunities in a number of markets. For additional information please call (800) 275-5200 ext. 8194.

The benefits of becoming a Meineke franchisee include: a comprehensive advertising program featuring, protected territory, site location assistance, 4 weeks of training at Meineke University, ongoing training and operations support, national buying power of nearly 900 shops and most importantly the knowledge and experience they have accumulated over 30 plus years of franchising.

Enjoy the rewards of owning your own business while being part of a family that cares about the communities it serves. Take control of your own future and build the sort of life you've always wanted.

Jan-Pro

Over the past ten years, JAN-PRO has provided over 3,500 individuals and families with the opportunity to gain financial independence and unlimited growth potential. Ranked in Entrepreneur's January 2004 "Franchise 500" issue as one of the Top 25 franchises in the nation, JAN-PRO is also one of the top five fastest-growing franchises.

Now is a terrific time to join JAN-PRO. The commercial cleaning industry is growing steadily. Currently an $80 billion industry, analysts predict the industry will grow to $90 billion in annual business by 2010. This growth will continue to fuel the demand for JAN-PRO's services and the need for new franchisees over the next six years.

JAN-PRO offers numerous programs that are designed to assist you every step of the way. You become your own boss through the guidance and support of an established franchise organization.

In February 2003, James Jackson, age 44 of Atlanta, had dreams of owning his own business. James wanted to purchase a franchise on a part-time basis so that he could continue working with his employer until he felt he could justify leaving that job. After researching numerous franchise opportunities, he chose JAN PRO because of its reputation in the marketplace. The JAN-PRO program is built on teamwork, support and customer service, and this appealed to James.

James started small with $5,000 in contracts. In just eighteen months, he has exceeded $95,000 in annual business and continues to grow. "I never imagined that I would grow to this size this quickly." Jackson claims. "I am on pace to double my current size over the next twelve months".