401(k) Rollover

A process that allows for a direct transfer of assets to be made between retirement plans, including 401(k), 403(b), TSPs, Keoghs, etc. also known as Rollovers for Business Start-ups.

Business Broker

A professional who acts as the buffer between the buyer and seller of a business. This individual can help find businesses that meet the buyer’s specifications; pre-screen businesses; negotiate pricing and assist with paperwork.

Employment Retirement Income Security Act (ERISA)

The Employment Retirement Income Security Act of 1974 is a federal law that established minimum standards or pension plans in private industry and provides for extensive rules on the federal income tax effects of transactions associated with employee benefit plans. It was enacted to protect the interests of employee benefit plan participants and their beneficiaries.

Equipment Leasing

An option available to small business and franchise owners, which allows them to lease equipment for their business rather than commit to a purchase.


The right or business license granted to an individual or group to market a company’s goods or services in a particular territory.

Franchise Coach/Consultant

A professional that specializes in helping aspiring entrepreneurs find a franchise to purchase. Typically, their services are complimentary to the individual.


An individual that owns a franchise.


A person or entity who/that grants a franchise.


Guidant’s specialized service for 401(k) rollovers.

Portfolio Loan

A securities-based credit line that can be an excellent source of funds for anyone who holds publically traded stocks or other eligible securities (U.S. or selected foreign issues) who is able to borrow against them.

Prohibited Transaction

Any transaction that jeopardizes the compliance of a ROBS structure.

Rollovers as Business Startups (ROBS)

A vehicle that allows prospective business owners to access accumulated tax-deferred retirement funds without paying distribution taxes to fund new business or franchise start-up costs.

SBA Loan

A term small business loan from a bank or a commercial lender that the SBA guarantees.

Unsecured Credit

Credit extended only on the basis of the borrower’s promise to repay without any collateral security required.

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