It may sound amusing that there’s a unique funding option under the acronym ROBS, but Rollovers-as Business-Startups can actually be an advantageous strategy to finance the purchase of a franchise or small business. Especially if your candidacy for business ownership...
ROBS, or Rollovers-as-Business-Startups, are a unique way to fund your business without taking on debt or giving up any ownership in your company. This strategy allows you to use funds from an existing retirement account to invest in yourself and your new business. ...
The small business funding option known as ROBS, or Rollover as Business Startups, is a prime lending specialty of Benetrends. But the fundamental question of utilizing this option comes down to a simple query – is ROBS a good idea? Before we begin, understand that...
If you’re looking to start or scale a business, it’s important to have ample funding. Leveraging your 401(k), IRA, or other retirement funds to start or scale a business is a valuable way to use your existing resources without saddling your venture with debt....
It’s no secret that the pandemic has caused many of us to reconsider our career paths and priorities. As a result, individuals are quitting their jobs in droves, with recent statistics showing that one in four Americans has quit their job in 2021. For those that took...
Written by Eric Schechterman, Chief Development Officer at Benetrends As we explored in a previous blog, “Launching a Business Post-COVID”, there is an increase in the number of people looking to become business owners, and funding the business is key to a successful...
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ROBS, or Rollovers-as-Business-Startups, are a unique way to fund your business without taking on debt or giving up any ownership in your company. This strategy allows you to use funds from an existing retirement account to invest in yourself and your new business. ...
The small business funding option known as ROBS, or Rollover as Business Startups, is a prime lending specialty of Benetrends. But the fundamental question of utilizing this option comes down to a simple query – is ROBS a good idea? Before we begin, understand that...
If you’re looking to start or scale a business, it’s important to have ample funding. Leveraging your 401(k), IRA, or other retirement funds to start or scale a business is a valuable way to use your existing resources without saddling your venture with debt....
It’s no secret that the pandemic has caused many of us to reconsider our career paths and priorities. As a result, individuals are quitting their jobs in droves, with recent statistics showing that one in four Americans has quit their job in 2021. For those that took...
Written by Eric Schechterman, Chief Development Officer at Benetrends As we explored in a previous blog, “Launching a Business Post-COVID”, there is an increase in the number of people looking to become business owners, and funding the business is key to a successful...