Suzy Granger joins Richard Parker and Deb Curtis discuss the pros and cons of using your 401k to buy a business. Many entrepreneurs consider tapping into their retirement savings to fund their entrepreneurial dreams, but is it a wise decision?

We explore the risks and benefits of this strategy, including potential tax implications and long-term financial consequences.

If you're weighing the option of using your 401k to buy a business, this video is a must-watch!

Remember to consult with a financial advisor before making any major financial decisions.

#401k #business #entrepreneurship

Your Personal Financial Statement – Assembling this Key Document

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Follow and Subscribe on YouTube: https://www.youtube.com/@BizBuyersAlly

Deb’s Website: https://www.debcurtis.com/

Richard’s Website: https://richardparker.com/

#SBA #BuyAndBuild #BusinessBuyers

Getting Organized – Managing the Piles of Information

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Follow and Subscribe on YouTube: https://www.youtube.com/@BizBuyersAlly

Deb’s Website: https://www.debcurtis.com/

Richard’s Website: https://richardparker.com/

#SBA #BuyAndBuild #BusinessBuyers

How Lenders Look at Financial Statements – What Underwriters Want to See

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Follow and Subscribe on YouTube: https://www.youtube.com/@BizBuyersAlly

Deb’s Website: https://www.debcurtis.com/

Richard’s Website: https://richardparker.com/

#SBA #BuyAndBuild #BusinessBuyers

The Right Business for You – The Most Important Decision You Will Make

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Follow and Subscribe on YouTube: https://www.youtube.com/@BizBuyersAlly

Deb’s Website: https://www.debcurtis.com/

Richard’s Website: https://richardparker.com/

#SBA #BuyAndBuild #BusinessBuyers

Your Business Buying Team – Get the Best Advisors!

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Follow and Subscribe on YouTube: https://www.youtube.com/@BizBuyersAlly

Deb’s Website: https://www.debcurtis.com/

Richard’s Website: https://richardparker.com/

#SBA #BuyAndBuild #BusinessBuyers

Broker Listing Summaries - CIM Me Up!

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Follow and Subscribe on YouTube: https://www.youtube.com/@BizBuyersAlly

Deb’s Website: https://www.debcurtis.com/

Richard’s Website: https://richardparker.com/

#SBA #BuyAndBuild #BusinessBuyers

Trust Suzy Granger, Sr. Account Mgr at Guidant when she says you are NOT getting "robbed" with ROBS!

Deb Curtis and Suzy Granger discuss the ROBS (Rollover as Business Startup) strategy, which allows individuals to use their retirement funds to start or buy a business. They explore how ROBS works, its benefits, and the common misconceptions surrounding it. There is also discussion on the importance of working with a reputable provider and the potential risks involved.

Despite the terrible acronym, ROBS does not rob business owners! The conversation highlights the need for proper education and guidance when considering ROBS as a funding option for business ventures.

#ROBS #businessbuying #investment