Read more about the article The Benefits Of Using Retirement Account Funding (401(K) Or IRA) For Small Business Funding And Start-Ups
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The Benefits Of Using Retirement Account Funding (401(K) Or IRA) For Small Business Funding And Start-Ups

When it comes to funding small businesses or start-ups, many entrepreneurs turn to their retirement accounts for the capital they need. Retirement accounts such as 401(k)s and IRAs offer the opportunity to access funds without having to take out a loan or issue stock. While this is an attractive option, there are some potential downsides to accessing retirement funds to finance a business.

Continue ReadingThe Benefits Of Using Retirement Account Funding (401(K) Or IRA) For Small Business Funding And Start-Ups
Read more about the article The Downside Of Working With Community Development Financial Institutions (CDFIs) For Small Business Funding and Start-Ups
Photo by Karolina Grabowska on Pexels.com

The Downside Of Working With Community Development Financial Institutions (CDFIs) For Small Business Funding and Start-Ups

When it comes to funding small businesses or start-ups, many entrepreneurs turn to their retirement accounts for the capital they need. Retirement accounts such as 401(k)s and IRAs offer the opportunity to access funds without having to take out a loan or issue stock. While this is an attractive option, there are some potential downsides to accessing retirement funds to finance a business.

Continue ReadingThe Downside Of Working With Community Development Financial Institutions (CDFIs) For Small Business Funding and Start-Ups