How to get your 401K to work FOR you?

Most people do not realize that their 401K accounts can actually help them take giant leaps into their future.

Does this sound familiar? You want to be in business for yourself and are tired of working in a job that has an uncertain future yet you find yourself stuck not knowing how you will ever fund your venture?

The 2008 Market Crunch warned us that no investment is fool proof. What would happen if you invested in your self and your future, rather than in an investment you had no control over?

Using your 401K is a viable option for funding a new business, and one of the most popular ways to fund a franchise business.

10 benefits to using your 401K to fund a new franchise business.

1. Rolling your 401K or retirement funds into a business is simple.
2. Potentially save thousands of dollars in taxes, and pay no taxes or penalties for using YOUR MONEY!
3. You can pay your self a salary from the get go.
4. Start your business with NO debt service.
5. Great recruiting tool, offer full time employees a pension plan.
6. You get to capitalize your business without monthly payments or interest charges from the SBA, bank or home loan.
7. Reduced over-head expenses means Quicker Profit Acceleration for the business.
8. Access funds in an average of 20 days.
9. The Federal Government assumes 40% of the financial risk of your business.  If your business fails, you don’t have to pay the government back!
10. Reimburse your self for start up costs of the business.

Better to use your 401K to invest in your future, then to let someone else or the market determine your financial health.

Read more about Business Ownership