Tuesday, December 4, 2012

Use your 401k or IRA to invest in your own Business or Franchise Tax & Penalty Free


Give yourself a great gift for Christmas; use your 401K or IRA ($50,000.00 minimum) Tax and Penalty Free to buy your own Business or Franchise. Fire your boss and never go job hunting again.
Owning a small business can be very rewarding, both personally and financially. Finding the money to get started can be a very difficult task.
IRA and or 401K funds can be invested in Corporate Stock and if set up correctly, this can be a Corporation that you own and are paid a salary to run! This can also be used as the down payment for a SBA loan. As you grow your business, you are building equity. When you eventually sell your business for a profit, those funds go tax deferred into your IRA.


Click on the link for more info;


Vince LoCricchio
Broker@EnterpriseBrokers.com 

About the Author, Vincenzo LoCricchio is the Broker Owner of Enterprise Brokers Inc. a Tampa based Business Brokerage Firm established in 2005. Prior to founding Enterprise Brokers, Inc. Vincenzo was in Business Brokerage and Franchise sales with various firms. Vincenzo is the current President of the Tampa Bay and Southwest Florida Chapters of the Business Brokers of Florida BBF and also serves on the BBF State Board of Directors. The BBF is the largest state business brokerage association in the country and the second largest association of business brokers in the world.