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The Inspection Boys Join the Loyalty Brands Family

Buying or selling a home can be very stressful and in some cases full of surprises.  One monumental Criteria is completing a home inspection.  The Inspection Boys have been created to educate home buyers about their potential future home and deliver a comprehensive inspection report. To grow their franchise opportunity faster, the Inspection Boys are partnering with Loyalty Brands. With Loyalty Brands experience behind them and The Inspection Boys home inspection knowledge it presented a perfect duo to become the top home inspection company. Founded in 2008 by serial entrepreneur John Hewitt, Loyalty Brands is a consortium of franchise brands with synergistic similarities that can work together to create a portfolio of franchise concepts they can work together or separately to give future franchises the ability to expand their offerings or focus on one specific industry. 

Founded in 2017 The Inspection Boys is an experienced and affordable home inspection company that has protected both home buyers and sellers.  A home inspection by the Inspection Boys is not simply performed to report deficiencies, damage, and defects. A buyer needs quality information to make a good decision.  They advocate to help people understand the fiscal and physical impact of any damage and defects they discover. 

According to John Hewitt, CEO and Founder of Loyalty Brands, “It felt right when we met this team, Matthew Rivera, Robert Aglialoro and Brigitte Malik, I just knew they would fit into the culture of Loyalty Brands.  We look for expertise, integrity and most of all people understand and help us create a world class organization.

The Inspection Boys are a franchise organization currently supporting 7 franchisees but looking to grow fast.

Loyalty Brands is a team of people who have worked together for many years with several different brands, two of which are some of the largest retail operations in the United States, Jackson Hewitt, and Liberty Tax.  Franchise sales and growth is their expertise, and they plan on bringing their successes to the Inspection Boys.  

About the Inspection Boys

The Inspection Boys have developed a system that make life easy for franchisees.  Everyone can do home inspections, but a successful home inspection business is much more than that.  It is all about the connections and relationships you will develop with homeowners, and real estate agents, that separates a successful and profitable business from a “pushing-through” kind of a company. To learn more about the Inspection Boys please visit: theinspectionboys.com.

About Loyalty Brands

Headquartered in Virginia Beach, Virginia, Loyalty Brands is an umbrella franchise company founded in 2018 by serial entrepreneur John Hewitt.  The Loyalty Brands consist of business brokerage, small business accounting, tax preparation and added services, networking, and bartering.  The company maintains a community first outlook, meaning that involvement in local communities and giving back is a core value. The multi-brand concept involves businesses that are synergistic and compatible, so potential franchisees could possibly own one or more of the brands for additional customer acquisition and co-marketing opportunities. To learn more about Loyalty Brands, please visit https://loyaltybrands.com/

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Why Starting A Business During COVID-19 Makes Sense

There is no denying that there have been some significant changes over the past few months. For a lot of business owners, they have needed to shut shop due to social distancing rules. There are even some companies facing permanent closure because of the financial hit they have taken over the past few months. Because of this, it may seem ludicrous to discuss starting a business at this moment in time. However, in this blog post, we are going to reveal why now is the best time to start a business. There are, in fact, many reasons why 2020 marks the perfect opportunity for start-ups to get up and running. So, let’s take a look…

You don’t have a safety net

You may think that this is a negative. The truth is that not having a safety net will help you to be more successful. As an entrepreneur, you are always going to face bumps and hurdles along the way. But this is what being an entrepreneur is all about. If you wanted the easy route, you would not have considered starting your own business. The safety net is taken away from you, and this is something that should make you more committed and more focused. 

COVID-19 is sparking innovation

COVID-19 is resulting in innovative ideas, which is something you may be able to capitalize on. For example, our sudden reliance on home deliveries could spark innovation in self-driving cars and delivery drones. We have seen a lot of new businesses crop up based on the fact that our way of life has changed. For example, you may have noticed companies selling Zoom party boxes. Zoom is the video calling app that enables you to add a large number of people to the call. A lot of people have been having Zoom parties because they are unable to have parties in person. One innovative person decided to capitalize on this by selling Zoom party hampers. You could take advantage of these new ideas by delving into the world of business sales and purchases. Our First Choice Business Broker is a great franchise opportunity to help business owners sell or buy businesses.

Competition is not as fierce right now

In an economic downturn, you don’t have to race against ten other well-funded competitors in the market. There is going to be less competition over the coming years. This gives you the perfect opportunity to thrive. For example, consider the travel industry. I’m sure no one is thinking about starting a travel business right now. This is primarily due to the social distancing rules and travel restrictions. So, if you were to start a travel business at present, competition would be incredibly low. No one else is going to be thinking about starting this sort of company at the moment. That is precisely why it is the perfect time for someone to take the reins and launch a travel business.

We are searching for change

It is also worth thinking about the fact that during a social or economic crisis, we are open to change. Experimentation is at the heart and soul of entrepreneurship. Yet, markets are often not as receptive when it comes to change. Even so, in times of crisis, like the current COVID-19, there is an exception because we are searching for change. We accept that we are all building a new normal and that this is going to mean finding new ways to have fun, work, and live. The best business ideas during COVID-19 are those that cater to this new normal in some way or another. Think about how things are changing due to COVID-19, not only from a health and safety standpoint but the economy. We are likely to see tax changes over the coming years, for instance. So ATAX represents an excellent franchise to get involved in, offering Latino tax services and related Hispanic support. You can also check out Loyalty Business Services for a small business accounting franchise. These services are going to be relied on more than ever due to the coronavirus. 

Marketing is cheaper at the moment

We have already seen advertising prices reduce dramatically during COVID-19. This means that you have an excellent opportunity to build your brand for less. Look for cheap opportunities on platforms such as Twitch, which are hugely popular at the moment. Stay away from the big-name advertising platforms. Yes, ultimately, you want to master Google and Facebook. But, the big companies are already spending a fortune on Google. Because of this, rapidly getting to the top is not workable in most cases. Plus, if you don’t have the funds for marketing yet, organic marketing is a great approach during a recession. This means you are going to be getting people to come to your company naturally over time or via word of mouth. This is instead of paying for links.

Some industries are thriving at present

One of the main reasons why you should consider starting a business at the moment is because some industries are thriving at the moment. This includes the market for household essentials, groceries, and the medical sector. It is something for you to think about while you are in lockdown. You can cultivate ideas into something new by discovering current inefficiencies in the market. You don’t have to reinvent the wheel. It is about taking what you see in the market at the moment and applying it to your next business venture in a unique way.

What have you got to lose?

If you always wanted to start your own company, but you have been scared to leave your job and take the plunge, now is your chance. You may be in a position whereby this decision has been made for you. If you have lost your job, this could be the ideal opportunity for you to pursue something you have always wanted to. The same applies if you aren’t going to be returning to your job for the foreseeable future because of the current social distancing rules

So there you have it: an insight into the different reasons why it makes sense to launch a business in 2020. You may think that it is all doom and gloom at the moment. However, it is crucial to understand that it is also a period of opportunity. Certain industries are thriving at the moment, and our usual way of living has also changed. When something like this happens, it allows us to enter the market uniquely and cater to a need that perhaps was not there before. One of the easiest ways to do this is with a franchise, as you already have a proven business model that is ready to go. We have a significant number of opportunities available for anyone who is looking to start a business in 2020, so make sure you check them out and please do not hesitate to get in touch with us if you have any questions. 

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Q&A with Rafael Alvarez

Founder and CEO of ATAX

Franchise Chatter (FC): Can you please share a bit of background on the ATAX concept – including its founding story and growth up to this point?

Rafael Alvarez (RA): I founded ATAX in 1986 with $200, two computers, a fax machine, and a $1,000 loan from 18 of my friends in my home city of New York. The plan was always for ATAX to be a full-service income tax preparation business that represents and caters services toward the Latino community. It blossomed, and we began offering additional services such as bookkeeping and accounting, notary services, and insurance analysis – often helping to better educate our community on the steps they need to take to ensure citizenship and financial success in the economy.

Additionally, every ATAX franchisee has the ability to offer supplemental services as part of their business model. These secondary services can range from English as a second language, immigration advice, passport photos, and so on, which turns the business into a year-round operation even as tax season has come and gone.

FC: What is the relationship between ATAX and Loyalty Brands?

RA: Loyalty Brands is a business services franchise group that was founded in 2018 by John Hewitt. John came to me, and as ATAX is the first Latino-owned tax preparation company, he wanted to help expand our growth model beyond the East Coast to better meet the needs of the thriving Latino community.

According to the U.S. Census Bureau, an estimated 55 million Latinos live in the United States with over four million being business owners, and another 11 million undocumented. Since 2012, the number of Latino-owned businesses has grown by over 30 percent, and accounts for over $700 billion in revenue – proving to be a major driver in the growth of the U.S. economy.

With that in mind, we joined forces to fuel our expansion, and utilize Loyalty Brands’ widespread suite of services to benefit our existing franchisees. Loyalty Brands also houses five other franchise concepts that benefit one another, such as a networking and brokerage franchise. Through our existing partnership, ATAX franchisees can better understand other aspects of business, and, if they are looking to expand their business portfolio, they can enter a franchise agreement with these sister brands as well.

FC: What makes ATAX an attractive business opportunity for potential franchisees?

RA: The tax industry is attractive to business owners in that it can be seasonal; from January through April, you’re hard at work advising and preparing taxes for your clients, and then you have slower months that allow for a nice work/life balance, which is top of mind for a lot of franchise owners.

ATAX differs in the fact that it gives all its franchisees the option of being a seasonal or year-round business. I mentioned the additional services we offer, such as bookkeeping and payroll, which provide multiple revenue streams and allow business owners looking to stay open all year the ability to do so without challenge. Having that choice is really alluring for our franchisees, as it gives them ownership of their time, and the ability to dabble in additional business services beyond just tax preparation to help their community.

FC: What qualities do you look for in a potential franchisee?

RA: Anyone with a passion for helping others and who has previous business experience fits the bill of our ideal franchisee. While having a background in the financial sector isn’t necessary, we do like our franchisees to have knowledge of the management process and the cyclical tax business since they will be building – and leading – a team of experts in the field.

It also benefits our franchisees to be bilingual, as one of our optional services is teaching English as a second language, and we are a bilingual tax preparation franchise.

FC: How can people learn more about ATAX and its franchising opportunity?

RA: Anyone who is interested can learn more about our franchising opportunity by visiting https://ataxfranchise.com

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Welcome Aboard!

Ken Leese – Moorestown, NJ

ATAX and LOYALTY BUSINESS SERVICES is lucky to have this dynamic partner set his stake in the great state of New Jersey.

Please welcome aboard our newest power – Area Representative, Ken Leese of Moorestown, New Jersey! Ken is not only hardworking and dedicated but eager and willing to learn.

Prior to becoming a proud Area Representative owner, Ken was a former Jackson Hewitt franchisee, leaving there in 2017 and then became the owner of The Tax Authority.

The combination of Ken’s talent and desire, created an intriguing opportunity with ATAX & Loyalty Business Services. Ken sited, “the opportunity to help both homeowners and business owners with their tax preparation, payroll and compliance issues,” as the leading reason Ken took his first steps on his ATAX & Loyalty Business Services journey.

Long term, Ken wants to continue to gain product knowledge, not only with our current offerings, but keeping up with the latest trends. Financially, Ken plans to achieve a net profit of at least $500,000 in 5 years. Ultimately, Ken is determined to be able to serve customers in every city in his territories! Those are very ambitious goals, but Ken is an ambitious business man and we have no doubt he will succeed!

When Ken is not working so hard or LEARNING so much, Ken enjoys spending quality time with his family traveling, playing tennis and loves to fish!

We look forward to your success!  Welcome, Ken Leese!