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Your IRA: An Oasis For Small Business Investing

Imagine an investment opportunity arises but you don’t have enough liquid funds to act on it. Instead of letting it go by, your IRA can be an oasis of funds that enables you to invest. In fact, nearly every investment with which you can make money outside your IRA, you can make money with inside it—everything but collectibles and life insurance.

All you need is a self-directed IRA (SDIRA) provider like New Direction IRA (NDIRA) to provide bookkeeping and administration for the account. Then, your IRA can invest in private equity, issue loans, buy real estate, metals and more. The challenge up to this point—as you may have noticed—is finding an IRA provider that will service alternative assets. Companies like NDIRA are specialists with these asset types and have made these investments easy.

Recent Articles

31
Mar
New-Direction-logo

Your IRA: An Oasis For Small Business Investing

Imagine an investment opportunity arises but you don’t have enough liquid funds to act on it. Instead of letting it go by, your IRA can be an oasis of funds that enables you to invest. In fact, nearly every investment with which you can make money outside your IRA, you can make money with inside it—everything but collectibles and life insurance.

All you need is a self-directed IRA (SDIRA) provider like New Direction IRA (NDIRA) to provide bookkeeping and administration for the account. Then, your IRA can invest in private equity, issue loans, buy real estate, metals and more. The challenge up to this point—as you may have noticed—is finding an IRA provider that will service alternative assets. Companies like NDIRA are specialists with these asset types and have made these investments easy.

Read more

31
Mar

Dickey’s Barbecue Announces Sweet Ending to Social Media Campaign

(Dallas, TX) To kick off the new year, Dickey’s Barbecue launched a social media campaign that asked fans to Tweet their favorite meat. The social campaign, #SpicyorSweet, garnered over 5,000 votes via Twitter and put fans in the running to win free barbecue for an entire year. Today, the nation’s largest barbecue chain announced the winner of the campaign and results of the vote.

“Our guests really responded to the Sweet or Spicy campaign,” said Roland Dickey, Jr. president and CEO of Dickey’s Barbecue Restaurants, Inc. ”62% of our guests voted for the Sweet Pulled Pork Cornbread Sandwich while 38% appreciate the Spicy Chicken Cornbread Sandwich – both sandwiches were big winners for our brand.”

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20
Mar
small business owner featured

Small Business Melting Pot: Increasing Diversity Among Business Buyers as African Americans, Hispanics and Asians Push to Acquire Small Companies

In the fourth and final installment of a series of articles investigating who is buying and selling small businesses in America, BizBuySell looks at how race affects buyer demographics and the motivations behind small business acquisitions.

Diversity isn’t a word most people would use to describe sellers in today’s business-for-sale market. More often than not, sellers are Caucasian Baby Boomers interested in exiting their careers to enter retirement. In fact, BizBuySell’s recent survey of small business buyers and sellers found that 86 percent of owners interested in selling their businesses identify as Caucasian.

But what about the buyers in today’s market?

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26
Feb
military_boots

Young Veterans Show Strong Interest in Business Ownership; Creating Quality Career As Earnings Far Outpace Those Of Average Vets

In the third of a series of articles investigating who is buying and selling small businesses in America, BizBuySell identifies how military veterans are faring in the business-for-sale market.
 
It’s no secret that U.S. military veterans are a force to be reckoned with in the nation’s small business economy. But according to the latest research, both older and younger veterans are emerging as major players in the buying of small companies.
 
To better understand todays’ business-for-sale market, BizBuySell.com recently commissioned a demographic study of individuals engaged in buying or selling a small business. The study, which surveyed more than 2,000 buyers and sellers, highlighted several trends that are shaping today’s market.
Read more »

10
Feb
female_business_owner

Female Business Buyers More Likely To Be Driven By Desire To Be Own Boss

In the second of a series of articles investigating who’s buying and selling small businesses in America, BizBuySell investigates how gender affects motivations, relationship status and business interests.
 
As part of an ongoing effort to better understand todays’ business-for-sale market, BizBuySell.com recently commissioned a demographic study of individuals engaged in buying or selling a small business. The study, which surveyed more than 2,000 buyers and sellers, highlighted several trends that are shaping today’s market.
 
In addition to revealing how a younger, more diverse group of buyers is influencing the business-for-sale landscape, the study included gender-related insights that shed light on the role male and female entrepreneurs play in the buying and selling of small businesses.
Read more »

6
Feb

The Time Is Now: Start Your Business in the 1st Quarter

Guidant-Logo
 
by David Nilssen, CEO & Co-founder, Guidant Financial
 
 
Most entrepreneurs wait until later to make the leap, but beating the crowd has distinct advantages.
 
It happens every January: our web traffic at Guidant Financial goes through the roof with people seeking advice about financing a new venture. And I think I know why. “Start my own business” ranked in the top 25 most common New Year’s resolutions in 2013 (just behind “drink less” and ahead of “quit smoking”).
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28
Jan
business handshake

Younger, More Diverse Buyers Look to Acquire Retiring Baby Boomer Businesses

In the first of a series of articles investigating who’s buying and selling small businesses in America, BizBuySell sees growth among young minorities, women as small business buyers.
 
Driven in large part by an increase in the number of buyers and sellers on the market, the small business transaction market grew substantially in 2013, ending the year with small business sales up 49% over 2012 transaction volumes.

 
But just who are these new buyers and sellers?
Read more »

7
Jan

BrokerWorks: 2013 Year in Review

We appreciate the opportunity to serve you, and in 2013 we worked hard to make it even easier for brokers to sell businesses and take advantage of upward trends in the market. Here are a few ways we helped members capitalize and drive more conversions on BizBuySell:
 

Increased Broker Presence

  • On the Homepage: “Find a Broker” is now one of the three prominent search categories, bringing awareness to the Broker Directory while helping buyers and sellers find broker members. In addition, we now have a rotating Featured Broker placement directly on the home page.
  • In the Search Results: Featured Broker placements now appear next to the BizBuySell Search Results when a state-level search is performed, increasing the exposure of local business brokers to buyers and sellers.
  • Additional Site Placements: Brokers and the Directory are now more visible throughout the site during the listing process and in the community to help match buyers and sellers with your services.

Read more »

30
Dec

ROBS: Terrible Acronym. Great Way to Start a Business

Guidant-Logo
 
by David Nilssen, CEO & Co-founder, Guidant Financial

 
 
ROBS stands for Rollovers as Business Startups and despite the unfortunate acronym, they’re a viable—and completely legal—option for funding a business.
 

With this funding method, our clients buy their business or franchise using their retirement funds and do not tie their credit or other personal assets to the transaction. It means they don’t have to jeopardize their home or pay high interest costs. It means they start out with more capital to spend on advertising, equipment and hiring the best employees.

 
 
ROBS transactions generally involve five steps which, although complex, can be completed here at Guidant in less than three weeks:

  1. A C corporation is filed in the state of business
  2. A 401(k) is created that explicitly provides for the purchase of this type of corporation stock
  3. The client then rolls up to 100% of their eligible retirement funds into the newly created 401(k) plan
  4. This plan, in turn, invests in the stock of the new corporation
  5. The corporation, now flush with funds, acquires a small business or franchise

Read more »

10
Dec

Selling Your Business: How To Tell Your Employees

Original post on Inc. by Curtis Kroeker
 
78404099_30717The sale of a business is a major milestone for an entrepreneur. In fact, your exit-strategy probably has been top of mind for months, even years, and you’ve had ample time to process how the sale will impact your personal and professional life.
 
But your employees? Not so much. In fact, they’ll be shocked to learn that they will soon be answering to a new boss.
 
 As a compassionate business owner, you want to help ease the transition for your workers. But telling them that you’re planning to sell before a transaction is complete could jeopardize the timing and price of your deal.
 
So what do you do?
 
Although there may be unique circumstances that require you to inform all employees about your sale intentions early in the process, it’s almost always better to wait until the deal has closed to bring your employees up to speed.
 
 
Read the full article on Inc. here: http://www.inc.com/Curtis-Kroeker/how-to-tell-your-employees-about-a-sale.html

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