>Entrepreneurs Find New Way To Finance Dream Posted by nick_niesen on October 28th Jaquiski Tartt Womens 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 Arik Armstead Womens Jersey , 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), 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 DeForest Buckner Womens Jersey , 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, etc.
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," says Dr. Germain Boer Fred Warner Womens Jersey , 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, fax, FedEx and regular mail.
Working with an experienced employee benefits plan expert Dante Pettis Womens Jersey , 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.
How to throw a Poker game in your Home without your wife finding out
Posted by nick_niesen on October 26th, 2010
It is not uncommon for a man to want to have a night out with the boys, maybe play a little poker. It is also not uncommon to have the plans of men thwarted by their wives.
To help with this problem I am telling you the secrets about how to have some harmless fun at home without the wife catching on.
The best way to get rid of the wife so you can have a little 聯Man Time聰 is the easiest but most expensive way to do it. For her birthday you get her and one of her friends a trip to a weekend spa place.
Your wife will think you the best hubby ever and will never suspect you are going to throw a poker game in her absence Mike McGlinchey Womens Jersey , and the best part of this plan is that when it is over your wife will be so grateful for what you have done she may be more inclined to allow you to go out with the boys more often.
The next way is a little complicated and will only give you 4 or 5 hours of time at best, but it is much less expensive then a trip for 2. It may seem a little childish and yes I also have seen it on TV but a scavenger hunt scam can work.
The trick to the scavenger hunt is that each spot has to mean something. An example would be the first place you ever went on a date as one of the places she needs to go.
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