Using your 401(k) or other retirement account is a powerful way to access the capital you need to start or grow your business. However, knowing the rules and regulations can often be confusing. In most cases, the answer is no. However, there are certain...
The holiday season is now upon us. As people gather with their families for the holidays, small business owners are buckling down for the busy season. And while many small businesses will do well, there are still some who will find it difficult to compete with the...
When you want to use the Rollover as Business Startup (ROBS) strategy to fund your entrepreneurial dreams, you will need to be sure you have access to the right types of retirement funds. Internal Revenue Service regulations regarding ROBS lay out the types of funds...
So, you want to use your 401(k) to start a business… What are the steps you need to take to make sure your business is structured in the right way to give you access to your funds quickly and allow you to get your business off the ground? If you have retirement...
When you’ve done all the work to determine whether you’re ready to start your own small business, it’s time to see what financing option makes the most sense. For some small business owners, the choice comes down to asking a simple question: Is...
Entrepreneurs who are interested in using their retirement fund assets to drive their small business creation or expansion have several options. However, there are considerable advantages to using a rollover approach instead of a self-directed option. As seen in the...
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