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I bet my retirement that this business will succeed!
Is it better to borrow money when buying or starting a business or is it best just to use your retirement funds?
I’m surprised at how often people ask me this.
Maybe there are a lot of people out there with entrepreneurial dreams and fat retirement plans.
I’ve got news for all of them though. Whether you borrow from a bank or your retirement plan, you’re still borrowing.
If you don’t believe that, maybe this week’s video can help show you the folly of your ways.
I answer the question, ‘does it make sense to use retirement funds to fund your small business?’
Watch the video of our chat here: https://youtu.be/37t2lK1lZ_w
Learn how to buy a small business at https://www.BusinessBuyerAdvantage.com
Get an Audible subscription and listen to my book 21 Stupid Things People do When Trying to buy a Business: Learn how to Avoid These Awful Novice Mistakes.
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#entrepreneurship #smallbiz #business #MandA #businessbroker #retirement
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