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Franchise Businesses
Limited Partnership Basics & More! is a practical guide to understanding how limited partnerships work, how they are structured, and how they can help finance a new company. Why is this information important to those looking to enter the entrepreneurship market, and how can it help them?
There are three ways to finance a start up a business: savings accounts, loans, and, equity investments (LPs, LLCs, stock). The lesson that we see here is that start-ups are about the high price of money. And this is an important issue in the REAL business world. Because one group of people, in the US, wants to act like a limited partner investor is really a person making a “loan”. And, of course, equity investors are not making loans. They are investors. My point? My point is this. The business world is tough. Really. And starting up a business is expensive. And if you don’t have the money to start up a business, your business idea is going to go nowhere.
Next, according to the IRS.gov website ‘over 28.4 million Americans registered their tax filings as either that of a general partner, limited partner, or member of an LLC’. What that means is that a lot of Americans are running franchise businesses. It also means that a lot of Americans are investing in local area businesses and franchise businesses – cash cows! So, my book shows people who need to raise “equity” start-up money how the limited partnership ecosystem works. The limited partnership business eco-system matches limited partner investors with limited partnership developers and franchise developers, and doing this helps local communities grow!
What is a common misconception you feel people have about Limited Partnership relationships?
Limited partnership people, in the US, are sort of like people who belong to a club. LP people like the way things work. They like stakes and cash cows, and prefer stakes to stock, quite a bit. And, they like fellow LPs a little bit.
What is the “Friendship Formula,” and how can readers make this formula work for them to achieve their goals?
The “friendship formula” is an old 1930s-40s business formula. This formula worked like this. Best friends created businesses together, and then their wives networked with their friends to secure business clients. Also, Americans were supposed to know between 200-800 people, personally, in the 1970s, too.
What is one thing that you hope readers take away from your book?
If 28.4 million Americans can do it, so can you! Give it a try. Read my book. Research things. Prepare, and then go for it. Really, if you want to be a millionaire, then you gotta GET IN – you gotta GET IN the MONEY GAME! And why not? If your attempt to start up a business fails, then you can always go back to reading the ‘want ads’ section twice a week.
Author Links: GoodReads | Facebook | Website | Amazon
Limited Partnership Basics and More!
Limited Partnership Basics & More! is a practical, upbeat guide to understanding how limited partnerships work and why they matter. Author Carol Niemeyer breaks the topic down into clear parts: what LPs are, how general and limited partners function, how businesses raise money, how deals are structured, and why LPs can become long-term wealth generators. She mixes explanations with examples of apartments, sport facilities, retail strips, clubs, and even big names like major sports teams. The book sits squarely in the business and entrepreneurship genre, and it aims to show everyday people that investing in or building an LP is possible, even on a modest budget.
I felt like Carol Niemeyer genuinely wants readers to feel empowered. Her tone is enthusiastic, almost cheerleading at times, but that energy makes the material less intimidating. She doesn’t hide her belief that limited partnerships can be “little gold mines,” and she repeats that theme often. I liked how straightforward she made complicated things sound. The writing isn’t heavy. It’s more like someone at a coffee shop leaning in and saying, “Look, this is doable.” Some sections felt dense with numbers, but the charts and simple explanations helped balance things out.
What stood out most was how strongly she emphasizes community and teamwork. The “Friendship Formula,” the examples of friends pooling money, the idea of local athletes or students boosting visibility, it all paints LPs as something built on relationships. I appreciated the reminders about risk and due diligence, even if they’re brief. And while the optimism can feel a bit rosy, her message about people combining resources to build local assets feels grounded. I found myself imagining small towns where these projects really could reshape the local landscape. It made the ideas feel human, not just financial.
By the time I reached the end, I felt like I had been given both a pep talk and a starter toolkit. It’s a motivational, beginner-friendly look at LPs. It’s a book best suited for aspiring entrepreneurs, small-business dreamers, and investors who want a down-to-earth introduction to the structure. If you’re curious about the world of partnerships and want something clear, encouraging, and easy to follow, this book will fit you well.
Pages: 150 | ASIN : B0BS74L4QM
Success Story
Limited Partner Investing is a guide that inspires everyday investors to move beyond safe bets and discover how funding local businesses, franchises, and partnerships can build personal wealth and strong communities. Why was this an important book for you to write?
I was in a Half Price Bookstore one day, and while looking through the bargain book section, I located a book entitled “Stock Investing.” I then decided to write a book entitled Limited Partner Investing.
In your research, which real-world success story stood out most?
Limited partnership businesses are about cash-cows and modern-day ‘gold mines.’ My favorite modern-day gold mine is the golf driving range. People in the small business industry decided, in the 1970s, that a golf driving range is a modern day gold mine. Why? Because, believe me, golf driving ranges just make money. Anyway, I have interviewed a lot of business owners over the course of my lifetime. And all of these people, every single one of them, shared something with me about how they turned their local business into a local success story.
How do you balance the enthusiasm of your writing style with the need to convey the risks of LP investing?
A well-known LP industry formula is used to make decisions about LP business investments.
What advice would you give someone who wants to take their very first step into being a limited partner?
Read my two books, Limited Partner Investing, and Limited Partnership Basics and More! These two books will provide you with direct information on what you need to get things going.
Author Links: GoodReads | Website | Amazon
LITERARY TITAN 