Many Americans dream of owning a business but avoid taking an entrepreneurial leap because they lack the finances to do so. Typical business “start ups” or purchases require a fair amount of liquid cash or a high net worth. Some franchisors will not even deal with applicants who have less than $100,000 in cash.
In an effort to help potential entrepreneurs meet these challenges, Guidant Financial Group created the Audeo™ customized retirement account structure. The Audeo plan allows individuals to access funds from their IRA and/or 401(k) to invest in a franchise or other business without incurring distribution taxes or penalties.
