Use your 401k to buy a franchise.

In today’s world, many people want to go into business for themselves and look to franchising as a way to do so. Buying a franchise is a great way to go into business for yourself without as high of a failure risk as starting your own business. The problem many people have is that they have accrued substantial amounts in their IRA or 401k, but do not have enough funds in their checking account to buy a franchise, and we all know that banks are starting to lend again, but are not always the most favorable. This is where a self directed IRA or 401k can be a lifeline. Companies such as Austin, TX based Asset Exchange Strategies have been helping people convert their retirement funds into investment mechanisms for years. With the right company behind you, you can succeed at using your retirement funds to buy a franchise and still save for your retirement. For more information, contact a company like Asset Exchange Strategies today. Shelton & Power is a franchise law firm based in Austin, TX; Tampa, FL and Santa Rosa, CA and can be reached toll free at 813-993-7262 or by email at info@SheltonPower.com.