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>Entrepreneurs Find New Way To Finance Dream
Posted by nick_niesen on October 28th Aaron Ekblad 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 Keith Yandle Jersey , profit sharing, 401(k), IRA-which allows that person to start the business he or she has always dreamed of without tax penalties, consequences or mountains of debt.


Under the Employment Retirement Income Security Act (ERISA) Roberto Luongo Jersey , 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 Sergei Bobrovsky Panthers Jersey , such as purchasing property, equipment, etc.


• Working capital, including paying salaries Evgenii Dadonov Panthers Jersey , franchise fees, etc.


• Business expansion, such as funding additional franchises, locations Vincent Trocheck Panthers Jersey , 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, 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 Aleksander Barkov Panthers Jersey ," 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 Authentic Sergei Bobrovsky Jersey , 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 Authentic Evgenii Dadonov Jersey , be sure to consult an expert to guide you through the specialized process.


weight loss really knowing Health Articles | May 1, 2009
How can you lose weight really fast without skipping meals or starving yourself? The Body Bulge Stops Here!The Fad and Crash Diets is not the healthy solution!When we finally reach that point where we...

How can you lose weight really fast without skipping meals or starving yourself? The Body Bulge Stops Here!

The Fad and Crash Diets is not the healthy solution!

When we finally reach that point where we can't stand the way we look in the mirror the race for weight loss begins. The first thing we think about is losing the extra weight by skipping meals or crash diets.

Skipping meals and crash diets usually works for a short period of time until the your body realizes what you are doing and slows down your metabolize and starts to store more fat to avoid starvation. Your weight loses stop instantly. Your weight may even start to increase again. In fact skipping meals could be dangerous to your health. Your body needs a certain amount of calories daily to function properly.

Losing weight is not hard, but it is going to take a total commitment that you will give it all you have to succeed. You can design your own weight loss plan and exercise program. There are loads of magazines at the local grocery store and almost all of them have a recipe for healthy weight loss and exercise programs.? You can form a little social group of want-to-be-thin friends and meet periodically to experiment with some of these meals. You can probably develop a manual within a short period of time of healthy diet meals and exercise program and have fun doing it.?

That would work great for some people but some of us need a diet and exercise program that we can start using right now! A plan that has all the bells and whistles already designed ready to go. A program that uses the foods groups that we already eat and exercises that we can do at home with the purchase of expensive exercise equipment.

The problem starts when we begin to search the internet and the local store for just the right plan that will fit our individual needs. There are hundreds and hundreds of diet plans on the net, TV and magazines. You can spend a millionaire's fortune just checking these diets out to find the right one for you. I know because I have tried many plans and programs.
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