HIRE YOURSELF Blog

Nat Truitt

Nat Truitt
After working construction for nearly a decade, “getting paid to do, not to think”, Nat Truitt finally gained the courage to think for himself by investing in a franchise that helped homebound seniors (including his mother in law). Nat built this project into a million dollar senior care business, and in the process, discovered that his biggest passion is supporting others in achieving their own dreams through franchises.
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Recent Posts

It’s a Franchise Economy

Posted by Nat Truitt on Feb 10, 2019 5:20:08 PM

You hear about franchising every day. Chances are, you spend money in franchised businesses every day as well. Just how big is the franchising way of doing business in 2016 America? In terms of sheer numbers—jobs, revenues, dollars in the economy, people employed—it’s massive.

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Topics: Mindset, Franchise

8 ways to pay for your first franchise

Posted by Nat Truitt on Oct 18, 2018 12:17:00 PM

With your business plan in hand, it’s time to tap all your available resources to find the best available financing at the lowest cost to you. As you enter this phase of capitalization, keep in mind that there are lenders, accountants and attorneys who specialize in franchise financing. In some cases, they represent your best chance of a smooth, successful financing experience.

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Topics: Funding

Which pays more income? executive salary vs. franchise ownership

Posted by Nat Truitt on Oct 16, 2018 12:00:00 PM

As the owner of a startup business, you’re going to start out spending working capital—money you’ve set aside to live on and run your business with until it becomes profitable. In time, you can expect to reach a point where your business breaks even, when you’ll have more cash coming in than going out. When that happens, the business becomes self-sustaining.

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Topics: Franchise, How To Build Wealth, entrepreneurship

Just How Much Money Does It Take To Start A Franchise?

Posted by Nat Truitt on Oct 11, 2018 12:13:00 PM

Most franchise companies require a minimum level of liquid capital. They know that businesses often fail because they are undercapitalized, and they want to be sure franchisees are set up for success.

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Topics: Funding, Franchise