Book by Owner - Franchise Opportunities

Using your 401(k) to launch your business

2/22/2013

0 Comments

 
Tapping your 401(k) to provide funding for your startup, as allowed under the IRS's Rollovers As Business Startups project, is a risky move, but some entrepreneurs have made it work. The project allows the use of 401(k) funds without the usual tax penalties for early withdrawals. "It's like going to Vegas. You should only take what you can afford to lose," said Frank Mastronuzzi, who used his 401(k) to launch OneGoodLove.com. The Huffington Post (2/21) 
0 Comments



Leave a Reply.

    Picture

    Who we are

    Book by Owner Franchise Systems has developed a unique resort property management system which provides our franchise partners an opportunity to own, operate and grow a successful business while living in a beautiful resort destination. 

    Become a 
    Franchise Partner

    Archives

    April 2015
    June 2014
    April 2014
    March 2014
    October 2013
    September 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013

    Categories

    All
    Franchise Partnerships
    Resorts
    Strategic Partners
    Vacation Rental Industry

    RSS Feed

Powered by Create your own unique website with customizable templates.