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>Entrepreneurs Find New Way To Finance Dream
Posted by nick_niesen on October 28th Cheap Dre'Mont Jones Jersey , 2010

Statistics show that more than one million people in the United States start a new business each year. That number would be much higher if all the would-be entrepreneurs had the financing required to get a business up and running. In order to accomplish their dream of business ownership, entrepreneurs are finding new and innovative ways to finance their new ventures.

According to Leonard Fischer, PresidentCEO of BeneTrends, one of these new financing options is the use of a person's existing retirement funds-a pension, profit sharing, 401(k), IRA-which allows that person to start the business he or she has always dreamed of without tax penalties Cheap Drew Lock Jersey , consequences or mountains of debt.

Under the Employment Retirement Income Security Act (ERISA), retirement funds can be transferred into usable capital for business investments or operations. If a person has more than $40,000 in a retirement account and is not currently employed by the company that holds those funds, he or she qualifies for this Small Business Administration (SBA)-recognized financing approach to start a business.

Retirement funds can be used for any business purpose, including:

• Purchasing a franchise or existing business

• Start-up expenses, such as purchasing property, equipment Cheap Dalton Risner Jersey , etc.

• Working capital, including paying salaries, franchise fees, etc.

• Business expansion, such as funding additional franchises, locations, etc.

• Equity toward SBA or other loans.

The thought of dipping into one's retirement can cause some apprehension. Through this investment strategy an individual actually has more control over hisher retirement-instead of gaining minimal growth dependent on the stock market Cheap Noah Fant Jersey , those savings are actually being invested in one's own business. This approach often allows an individual to set aside more money for retirement than ever before.

"Today's entrepreneur faces an environment of tremendous competition, complexity and opportunity, so starting a business the right way is more important than ever," says Dr. Germain Boer, Director of Vanderbilt University's Center for Entrepreneurship. "This financing method is a good option for an individual who has accumulated funds in hisher retirement accounts."

The entire process generally takes two to four weeks to be completed, and can be done by phone, email Wholesale Denver Broncos Jerseys , fax, FedEx and regular mail.

Working with an experienced employee benefits plan expert, starting a business is as simple as these four steps:

Step 1: Establish a C-corporation.

Step 2: The new corporation creates a retirement plan.

Step 3: Funds are rolled over into the corporation's new retirement plan.

Step 4: The new retirement plan purchases the stock of the corporation.

"So many people have watched their dream of owning their own business go out the window due to lack of funding options. We help people achieve that dream every day using money they already have," says Fischer.

If you're ready to explore this innovative financing option, be sure to consult an expert to guide you through the specialized process.

Mother’s Day is approaching soon on May 8th, and it’s the greatest time to show your mother how much you love her. But among diversified kinds of Mother’s Day gifts, how can you choose a perfect befitting one? The Mother’s Day gifts can not be too common Wholesale Broncos Jerseys , Mother’s Day flowers are too vulgar and they can not last long. Jewelry is also not appropriate. Beautiful they are, they are too expensive and many young man can not afford them.

Chocolate is also a bad idea because it is not healthy. While, if your mother is fond of fashion and have a taste on gorgeous things, why not buy her silk scarfs? Silk scarfs can perfect demonstrate your love just as tender and dear as silk. The cute silk scarfs can pander to almost every mother. As a Mother’s Day gift, the soft silk scarf is related to the words like appealing, soft, tender Cheap Denver Broncos Jerseys , elegant and dear. As a fantastic ornament , the silk scarf makes mother look noble and graceful. In our modern society, the silk scarf becomes a indivisible part of many women. It is beyond its common practical significance and becomes the symbol of elegance and taste.

Every woman deserves silk scarfs and every mother also loves silk scarfs as her Mother’s Day gifts. The silk scarfs also have it own peculiarity and you need to know how to choose the real silk and the man-made silk. We all know that the silk had always been considered as the top of the materials and it is very expensive and luxurious. Most importantly, when it matches personality, it can perfectly accentuate style and elegance.

Therefore, when we choose the silk, we had better choose the real silk for Mother’s day gift because the man-made silk is not as tender and soft as the real silk. What’s more Cheap Broncos Jerseys , the real silk is smooth and flowing light, when it is wrapped around the neck or the head, used as a belt or simply tied to the handles of the handbag, it would be very comfortable and graceful. In short, the real silk’s versatility knows no bounds. A silk scarf is a timeless accessory that should be in every woman’s wardrobe and a silk scarf is also a timeless gift that should be given on Mother’s Day. No matter your mother is calm and quiet, hot and sexy, vivid and lovely Wholesale Chad Kelly Jersey , she deserves a good silk scarf as the Mother’s Day gift. Silk scarf, silk love, and it is just the time to show your love to your mother.

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