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Turning Retirement Funds Into Start-Up Dreams Financing and Retirement Funding Options For Your Start-Up Business: A Private Conversation with a Top R
Paperback
Series: Self-Directed Retirement Plans, Book 3
ISBN13: 9781517732790
Publisher: Createspace
Published: Nov 25 2015
Pages: 314
Weight: 0.93
Height: 0.66 Width: 5.98 Depth: 9.02
Language: English
The entrepreneurial spirit is the backbone of our nation's success. It's in our DNA to dream of becoming a business owner. The hard part is finding the finances.
Turning Retirement Funds Into Start-Up Dreams is the next best thing to a private consultation with author Adam Bergman, Esq., a leading expert on IRAs and 401(k) plans. And what you'll discover is that investing in yourself with your own retirement funds could be a viable option for you under the right circumstances.
This book provides a detailed analysis of various ways you can finance a business venture, including using personal savings, acquiring a traditional loan or SBA loan, using a credit card, approaching family or friends, and crowdfunding. It then discusses in detail the amazing benefits-and limitations-of the self-directed IRA, 401(k) plan loan option, and the Rollover Business Start-Up (ROBS) as business funding solutions.
Illustrating these approaches through a fictional conversation between Ken, who would like to quit his job and start a water business, and a helpful tax attorney named John, this book clearly explains how each funding structure works so you can apply the information to your entrepreneurial dreams.
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