As you may already be aware, when leveraged by your candidates and franchisees, retirement plans can be used to purchase a franchise tax-deferred and penalty-free. This type of funding, often called 401(k) rollover funding or ROBS (Rollovers as Business Startups), can be used alone or in combination with other funding solutions. In fact, many of our clients have used our Rainmaker Plan® as the capital injection necessary to secure an SBA loan.
The latest industry statistics show more than 10 percent of all franchises sold in the U.S. utilized this type of funding. Yet even with U.S. retirement plan assets at an all-time high, it's astonishing that many candidates still do not realize they can use their IRA, 401(k), or other retirement plans to fund their dreams of owning a franchise. As more and more candidates become aware of this, and the number of ROBS transactions continue to grow, we're seeing more franchise systems reaping the benefits.
Benetrends has helped more than 17,000 entrepreneurs live their dreams by allowing them to use their retirement plans to purchase a franchise or business tax-deferred and penalty-free. Discover why America’s most forward-thinking and recognized brands partner with us to help fund their candidates and drive growth for their franchise brand. Visit www.benetrends.com for more information.