Buying A Franchise With Your Tax Refund

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REFFranchise Players is Entrepreneur’s Q&A interview column that puts the spotlight on franchisees. If you’re a franchisee with advice and tips to share, email ktaylor@entrepreneur.com.

One thousand dollars from a tax refund was all Lisa Shaw needed to buy her first franchise license and become a Coffee News franchisee. While it has become more expensive to purchase a franchise license of the advertising publication in the last 15 years, Shaw’s involvement in the franchise has only deepened. Today, she runs Coffee News franchises in Indiana and Tennessee. Here’s what she has learned.

Name: ?Lisa Shaw

Franchise owned: Coffee News in the states of Indiana and Tennessee

How long have you owned a franchise? ?

After attending a Coffee News International Conference in January of 2001, I couldn?t wait to get started! I purchased my franchise March 1, 2001.

Why franchising? ?

A franchise has provided me not only the framework of an established business model, but also a family of other business owners with whom I can network and socialize

What were you doing before you became a franchise owner??

From the time that I was old enough to have a job, and until I began my career as a Coffee News publisher, I have held several positions and careers in many different fields, including banking, real estate sales, investment services, golf, restaurant, retail, and wholesale sales!

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