As you begin your journey to own a small business and finally realize your dreams of entrepreneurship, the effort to secure funding for your startup may seem daunting. While the thought of finally getting your business up and running is exciting, the time and energy...
Are you over the age of 50 and interested in starting a business? Called encore entrepreneurs, this is one of the fasting growing groups of small business owners according to the Small Business Administration (SBA). In fact, a recent Gallup poll survey indicated this...
Before choosing a profit-sharing plan or a 401(k), it’s important to understand what they are. All retirement plans are profit sharing plans. A profit-sharing plan is one where the employees don’t make contribution and the employer has the option to make...
The following infographic illustrates how entrepreneurs can use their qualified retirement plan to purchase or recapitalize a business/franchise, tax-deferred and penalty-free. Highlights include the 4-step process of using a ROBS (Rollover as Business Startup) and...
With unemployment rates falling to a level around 5.6%, some people are considering putting their dreams of franchise or business ownership on hold for the perceived security of a real job. If this describes your current situation you don’t need to let this...