Business View Magazine - Dec 2023

YOUR PARTNER IN PRODUCTIVITY Achieving greater productivity with Hilti Gain more transparency and visibility to your projects and jobsites with Hilti’s software and services that monitor tools and materials, optimize tasks, and maximize labor hours. Experience up to twice the production per hour by working with Hilti to help eliminate, speed up, and simplify steps in your workflow. Together, we can help unlock the full potential of your construction projects. PRE-CONSTRUCTION Optimize your building design for complex projects with Virtual Design Construction (VDC) and prefabrication services. JOBSITE MANAGEMENT Keep your projects moving with Fieldwire by Hilti jobsite management software. Easily manage plans, communicate, and collaborate with your project team from anywhere. RESOURCE MANAGEMENT Efficient resource management is key to productivity. With ON!Track, you can conveniently track assets, maintenance requirements, and safety certifications. HIGH PERFORMING TOOLS Work faster, smarter, and longer with Nuron high- performing tools and intelligent, cloud-connected batteries, and with Tool Fleet Management you have access to the latest tools without a large upfront investment. WORK PACKAGE SOLUTIONS Get more done with the help of our full system solutions designed to help you better perform your applications for all trades, such as layout, formwork, baseplate, cable tray supports, or hanging drywall. the life of the franchisee in the program.” HomeVestors clearly demonstrates that it has a strong commitment to continuous learning for its franchisees because, in addition to all of this, it also provides them with a tremendous amount of online training videos, tutorials, weekly updates, and webinars on topics relevant to their success. This is accessible at their convenience, of course. THE QUALIFYING CRITERIA OF AN IDEAL FRANCHISEE Before even getting to the point of training, there are certain requirements that a prospective franchisee must meet. On the financial end, an initial investment ranges anywhere from $89,000 to $461,250 in total. While that is a wide range, it’s entirely due to the equally wide range of markets found in real estate, as well as the advertising costs that come with those markets. “It’s very market dependent,” Benshoof explains, “and our team works through that with each candidate to help dial in what those numbers look like to create proper expectations for each franchisee based on where they are.” We’re a real estate business, we are, but 100% in a situation where someone’s in some type of difficult situation that they need to work through, [we want] our franchisees to potentially be a solution for them. PAY LESS TAXES & EARN TAX-FREE PROFITS WITH SPECIALIZED TRUST COMPANY’S SELF-DIRECTED ROTH SOLO-401K Specialized Trust Company’s self-directed Roth Solo 401(k)proves to be a retirement game-changer for entrepreneurs, particularly those immersed in real estate investments. Unlike traditional retirement accounts, this vehicle allows entrepreneurs to channel their retirement savings directly into real estate, unlocking a realm of possibilities. Not only can on invest n real estate, they may b rrow against he plan, as well use leverage to purchase assets within it. Real estate investment within a self-directed Roth Solo 401(k) is doubly advantageous. First, contributions are made with both pre-tax and after-tax dollars, paving the ay for tax-free withdrawals in retirement. Second, the diversified investment portfolio isn’t limited to stocks and bonds; entrepreneurs can navigate the real estate market with ease, whether it’s residential properties, private money lending, wholesaling, or even lucrative development projects. The real beauty lies in the autonomy this plan affords. Entrepreneurs can seize investment opportunities on their terms, leveraging their industry expertise for potentially robust returns. Not to menti n, no capital gains tax when the asset is sold. The ability to control and diversify investment is more paramount than ever in our curre t econo y. For entrepreneurs entrenched in the real estate sector, th self-directed Roth Sol 401(k) is not just a retirement vehicle; it’s a dynamic tool tailored to lign with the unique demands and opportunities of r al estate entrepreneurship. 184 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12 HOMEVESTORS OF AMERICA , INC .