We can agree that every small business owner wants to increase his or her odds of success. According to a study by Guidant, 81 % of small businesses funded with a Rollover for Business Startups (ROBS) were still operating after 4 years. Only 39 % of businesses funded with a traditional business loan fared that well.
A ROBS lets you take money from an eligible retirement account, such as a 401(k) or traditional IRA, and invest it in your business without paying income taxes or early withdrawal penalties.
