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The Advantages of SBA 7(a) Loans for Startups
Business financing is one of the biggest hurdles entrepreneurs face when they’re preparing to launch their startup. The reality for most small business owners is that their startup wouldn’t be possible without a loan. Fortunately, the Small Business Administration...
It’s LABOR DAY weekend!
It’s Labor Day weekend, the unofficial last days of summer break for many, even if school has already started for your kids or if your fall-season plans are underway. Let’s have some fun this L-A-B-O-R D-A-Y with a little acrostic action this week: L – Lending is...
5 Qualities of a Successful Franchisee
Becoming a franchise owner is a great way for aspiring entrepreneurs to launch a small business with the security of an established brand. However, many would-be franchisees worry about whether they have what it takes to be successful. The great thing about...
7 Retirement Plans You Can Use with ROBS
Rollovers as Business Startups (ROBS) give entrepreneurs the freedom to launch a business debt-free using retirement savings. ROBS has been approved by the IRS since 1974 as a fast, equity-based funding method. To use a ROBS to fund your business or franchise, you...
ROBS vs. SBA Loans: Pros and Cons
The biggest challenge prospective entrepreneurs have is how they’re going to finance their new business. It takes money to make money, so business owners often turn to help from a lender to kickstart their company. However, loans aren’t the only funding option...
5 Benefits of Service-Based Businesses
If you possess skills in a particular service industry, you have an opportunity to earn a profit doing what you do best. Deemed essential businesses in many cases, the need for talented service professionals in areas like HVAC, plumbing, car repair, and electrical...
How to Exit a ROBS-Funded Business
When you fund a startup using a Rollover as Business Startup (ROBS), you’re investing your hard-earned retirement funds into your small business. However, like with most investments, the time may come for you to exit the business and move on. The ROBS structure allows...
How to Fund Your New Franchise Fast
When it comes to franchise financing, there are several funding options that simply take longer than most entrepreneurs are willing to wait. Franchise buyers need fast access to cash to start on-boarding and building their new business. Rollovers as Business Startups...
Is Multi-Unit Franchising For Me?
As a current franchise business owner, you might be wondering, "Should I consider multi-unit franchise ownership?". If you enjoy the process of growing franchise businesses, this topic is probably on your radar. What is a multi-unit franchise owner? A multi-unit...
Earning After Serving: Veterans and Entrepreneurship
As we celebrate our nation’s independence, we also celebrate the immense efforts and sacrifices put forth by our nation’s active duty and veteran military members. After serving our country, veterans make great business owners and many veterans choose entrepreneurship...