Valuable Resources for Starting a Small Business (Houston, TX)

Posted by DRDA CPA's in HOUSTON, TX on Apr 17, 2009

If you are an entrepreneur trying to open a start-up or franchise, DRDA P.C. has all the resources for starting a business that you’ll need to get up and running. The knowledgeable business advisors at DRDA P.C. can assist you with everything from small business planning to management services and everything in between. As a prospective small business owner, your first line of business (pun intended) is most likely to find viable financing. There is no need to start your business in the red by taking out numerous loans.

 

In lieu of a traditional bank or SBA loan, DRDA financial advisors can help you find the money you need to start your small business using an alternative financing option called a BORSA (Business Owners Retirement Savings Account) plan. BORSA is a tool that allows prospective business owners to fund the purchase of a franchise, business start-up, or business property using the holdings in a 401(a) pension, profit sharing 401(k), 403(b), 457 or IRA rollover. These purchases can be accomplished without the distributions, taxes, or penalties associated with early withdrawal. BORSA is the only qualified plan structure that allows participants to invest retirement funds in an active trade or business, and is the program that was recently named “Rollovers as Business Startups (ROBS)” by the IRS.

 

Truly, financing is just a small piece of the small business pie. There’s still the marketing, legal and operations side of business ownership to consider. And unless you own an MBA, you probably don’t know where to begin. Resources for starting a business are readily available on the Internet at the following sites:

 

SBA.gov – As one of the leading organizations devoted to assisting entrepreneurs with all aspects of small business ownership, the SBA’s website is loaded with valuable tips and tools. There are several free, self-paced courses available on topics ranging from writing a business plan to retirement planning.

 

FastTrac.org – With numerous award-winning entrepreneur-learning programs, FastTrac is the ultimate business education resource. There are three levels of programs to choose from depending on your stage of business. The three FastTrac programs include:


Starting Your Business
Growing Your Business
Accelerating Your Specialized Business

SCORE.org – Small business owners could always use a helping hand, and at SCORE, they will always get one. As a nonprofit committed to helping entrepreneurs, SCORE provides free online and in-person mentoring at centers across the nation. There is also a separate subsite, score.org/women/site.html, dedicated solely to women in business.

USChamber.com/sb – As an arm of the U.S. Chamber of Commerce, the U.S. Small Business Center provides resources for starting a business such as how-to’s and success evaluation.


Pick up the phone right now and call  281-606-5719 !! It's your money, your dream, and if you believe you have a solid business idea and are willing to put your all into bringing it to life then you deserve access to your own money without tax or penalty! The BORSA Plan will do that for you. Call now at  281-606-5719 and ask for Suzy Granger. If it's after normal business hours then leave a message, or fill in the short form below. Either way, your inquiry will be returned immediately upon resumption of regular business hours. Get the money you've already earned and start your dream, now!

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