Accelefund

#1 Start with the business plan:

When people consider a ROBS (Rollover as Business Startups) strategy, it’s tempting to begin with the size of a retirement account and ask, “What can I afford?”

But after years as an advisor—and then using ROBS to buy my own business—I learned the most important lesson: Start with the business plan, not the retirement account.

ROBS should fund a sound business decision, consider:
· Valuation: Are you paying a fair price?
· Cash Flow: Can the business support payroll and growth?
· Operations: Is there a clear transition and operating plan?

Check out three more success factors on our blog, https://accelefund.com/blog/robs-strategy-4-essential-factors-for-success/ (link in bio).

KC friends, join us at Invest Midwest at Kauffman Conference Center, April 21 & 22. Mickey will be part of a panel discussion on 4/22 about business funding sources.

Learn more at investmidwest.org.