So You Want to Start a Small Business in Houston Now What?

You’ve been pegged as a budding entrepreneur since childhood, and finally have the courage to step out on a limb and start your own small business right here in Texas.  There are just a few problems though:  Despite your long-standing corporate career and a nice 401K for retirement, you have very few liquid assets, and you need some capital for your business start-up.  Until now, you were content to maintain most of your life’s savings neatly in a 401K.  You find yourself wondering how you got into this situation and keep a running log in your mind of all the times you didn’t put money into savings specifically for starting your business.  Can you access this money without incurring major penalties?  It’s your money, anyway, right?  You’ll be glad to hear that the solution is closer than you think, with The BORSA Plan, managed by the DRDA CPAs in Houston.

The DRDA Certified Public Accountant firm is here to help you find the assurance that you are getting solid information when making significant financial decisions that will impact the rest of your financial future, along with your quality of life in years to come. The BORSA plan  helps individuals finance their small business start-ups by using money from their 401K without early withdrawal penalties.

For those who don’t seek out the proper advice before launching into the deep end, they find themselves in over their heads.  DRDA  provides educated solutions for ingenuity at every level. 

The Neeta Jain Story 

Coming from a financially struggling background with a husband and two children, Neeta came to know thirteen years ago that she was gradually losing her eyesight and it would only get worse as the days went by. Her world was shaken up and it took her awhile to let the news sink in.

Following extensive medical care, Neeta decided to pursue her dream of becoming her own boss.  Because she sought the wise counsel of her financial advisor and found the right loan for her situation, her business took off!

To this day, Neeta employs seven full-time employees along with her husband who helps with the business as well.---

Asheesh Advani at www.entrepreneur.com  shares the insight that “It's no secret that the most popular source of startup financing is the personal savings of the business' founder.  But while almost everyone will tell you that you must use your personal savings when starting a business, very few people will advise you on the more important question:  What percentage of your personal savings should you use?  Should you pour all of your savings into your budding business?  Should you use 50 percent less?” 

For answers to these questions and more, be sure to check out  www.drdacpa.com. DRDA is here for you.  Whatever you do, making a informed business decision is one that you will never regret.  So take the time today and call 281-954-6040 for your risk-free assessment.