Acceler8Success Cafe is your daily resource about Entrepreneurship & Business Ownership.
As commonplace as it has become in purchasing a business or franchise, funding continues to be a challenging experience. As such, it’s important to understand there are options and some often overlooked as being incorrectly perceived as unavailable. The most common is to use retirement funds without concern of taxes and penalties. The key is working with a professional to help navigate the process.
This week on Franchising & You our guest is Matt Trivelis, Senior Consultant at Benetrends Financial. Matt takes listeners through the process of using retirement funds to enter the world of entrepreneurship – without reducing the amount of money to invest due to early-payment penalties and tax liability. He also explains how to use retirement funds as the cash injection necessary for SBA loans and how to use the funds to receive a salary during startup. Listen LIVE or On-demand here!
Seeking up to 16 founders of startup & emerging franchise brands interested in exploring new possibilities. You’ll be participating in bi-weekly one-hour online meetings as a group. Discussions will focus on accelerating success through innovation, culture and excellence (ICE). There is absolutely no cost to participate. There will be 2 groups of 8 – one group for food-related brands and a second group for non-food brands. Goal is to start by May 1st. All that is requested is that if you sign up, please be committed to attend and participate.
To learn more, please contact Franchise Foundry CEO, Paul Segreto via email at email@example.com. Thank you!