Mike and Lindsay Murphy Buy Floor Coverings International Franchise

Share Article

First-time Entrepreneurs Use Retirement Funds to Finance Mobile Showroom

Photo of Owner Lindsay Murphy

Lindsay Murphy, Owner

[We've] always had the desire to own our own business. It was time to do it.

Husband and wife duo Mike and Lindsay Murphy have always harbored an entrepreneurial spirit. After spending years in stable jobs — Mike as an attorney and Lindsay as a high school Spanish teacher — the couple decided to pursue their business urges. Using the services of Guidant Financial to tap into their retirement account, they opened their own Floor Coverings International franchise.

“[We’ve] always had the desire to own [our] own business,” Lindsay said. “It was time to do it.”

Floor Coverings International, a leading in-home design and floor coverings brand, sells flooring of all types, including carpet, hardwood, tile, stone and laminate, in addition to specialty products like bamboo, slate and glass accents. Expert consultants, equipped with a mobile showroom, provide personalized design advice for the flooring solution that best fits each area, and professional installers make the vision a reality.

“[We] love working with clients and helping them improve and enjoy their homes,” Lindsay stated. She also enjoys the freedom that being her own boss provides, allowing her to spend more time with their four children, ages nine to 16.

Leveraging a financing plan known as a Rollover for Business Start-up, the Murphys were able to transfer funds from their 401(k) to invest in their franchise. According to Lindsay, this method of financing was “simple and efficient” thanks to Guidant, and it allowed them to launch their business debt-free.

With an intentional focus on the customer experience, Floor Coverings International forgoes the traditional retail store and brings the showroom to the client, allowing for a custom-designed floor perfectly matched to their home. To learn more or to schedule a consultation, call 205-370-9118, email Lindsay(dot)Murphy(at)floorcoveringsinternational(dot)com or visit birmingham.floorcoveringsinternational.com. Floor Coverings International also has a studio located at 2010 Old Montgomery Highway, Suite M, where consultations are provided by appointment only.

###

About Floor Coverings International
Floor Coverings International (FCI) was established in 1988 as the first mobile, shop-at-home floor-covering franchise and is the oldest and largest in-home floor-covering retailer with franchises in the United States and Canada. The expertise and knowledge of its design associates differentiates FCI from the price-driven market sector of big-box stores and many smaller retailers by providing the homeowner with a custom designed floor that is perfectly matched to their home. FCI's services appeal to upper-income homeowners who place an emphasis on home décor and view it as enriching their lifestyle. For more information about FCI's unique services or franchise opportunities, visit floorcoveringsinternational.com.

About Guidant Financial
Guidant Financial helps people create the life they want through innovative small business financing. They are the premier provider of rollovers for business start-ups (ROBS). Guidant's services allow people from all walks of life the freedom to purchase small businesses and franchises using their retirement funds without taking a taxable distribution or getting a loan, in addition to offering traditional funding options such as SBA loans, portfolio loans and unsecured credit. Visit Guidant on the Web at guidantfinancial.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Brooks Wallace
Hollywood Public Relations
781-378-1731 Ext: 6
Email >
Follow us on
Visit website