A WSI franchise is the first step in improving your entire financial situation, not just the absolute income you’re receiving.
Many business owners get their start on a certain amount of credit. Whether capital seed money from interested investors, small business loans or loans against collateral such as their home, most people need a bit of help collecting that initial investment.
However, few realize that a small business is more than a way to live your dream or make a lot of money — it can be used to definitively improve your credit standing and overall situation with home equity, personal savings and more.
As a very simplified example, consider someone who takes out a loan against their home to finance their WSI franchise. Most franchises are profitable within three years, meaning that with careful management and hard work, his loan is paid off by that time. So from three years onward, most of the money he makes becomes his to keep.