Business & Franchise Opportunity Portal

Are You Sitting on the Money to Finance a Franchise?

IRAs (Insured Retirement Accounts) were set up by The Employee Retirement Income Security Act of 1974. Investors had the authority to invest their retirement savings into stocks, bonds or mutual funds unlike traditional pension funds. But did you know the money can be used to finance a business? But if they sell the business, the proceedings need to be directed back to the IRA fund. Today’s economic condition makes investors wary of the stock market and other risky investments. Moreover in the recent years, many people with good funds in their IRA accounts have either been terminated or have left their jobs voluntarily. The most lucrative avenue for such people has turned out to be the field of franchise business and a huge majority of them are starting a franchise business with money from their own 401(k) funds.

But the process of taking the loan is quite complicated for an average layman. That is why there are many companies in the market who have won a number of clients by helping them in time of needs. Guidant Financial Group is the first name that comes to mind when we think about procuring funds to buy a franchise business for sale offer. The company provides various packages to help people unlock their own treasure chest; and the Audeo™ of Guidant Financial Group is one of the best programs in the whole market! It allows you to invest not only in 401(k) plans, but also in 403(b), Keoghs, SEPs, etc. However, the best part is even if draw the money before stipulated time; you don’t have to pay any early distribution taxes or penalties. You can use the money as a down payment for SBA loans or other unsecured and home equity loans or for paying the franchise fee or even for paying wages to your employees.

This way, you can start a business without the sword of huge debt hanging over your head. The savings will be tax-deferred and your personal credit history will stay healthy. Another good IRA and 401(k) program comes from IRA Rollover Solutions. It is another market leader when it comes to using retirement funds as sources to buy a franchise. The concept has an efficient legal and financial team in place to guide the prospective franchisees in using the retirement funds while starting a franchise. First of all, the team of experienced professionals will help to create a C Corporation for the client’s company, which adopts a new retirement plan & trust. Then the money lying around in your IRA account with your old employers is transferred into this new C Corporation. Then this money is used in buying stocks in your own business. Though the process looks very complicated, but the able guidance of the advisors of IRA Rollover Solutions will bring you out of this maze safely and happily!

View all Franchise Opportunities