Small Business Services
Get Your Small Business Started in Three Steps
In our experience establishing and operating a small business capitalized with self-directed retirement account money requires three steps.
Step One – The SDRAStartup Initial Transaction Review™
At the outset of any small business venture, the parties need to determine whether the structure they have in mind for the small business is feasible. One of the most common questions we get from people who want to start a small business with retirement funds is “Can I do this?” Special IRS and Labor Department rules that apply to small business ventures. It’s important to consider these rules carefully. One wrong step at the start of a small business can disqualify an IRA with disastrous results for it’s owner.
Our SDRAStartup Initial Transaction Review™ (ITR™) is designed to help. The ITR™includes a review of a proposed SDRA investment structure to identify compliance issues. We’ll tell you what might be wrong with the plan, and we’ll help you identify potential solutions to achieve your small business goals. If you have an investment in mind, the ITR™ is what you need to make decisions on the best approach.
Step Two – The SDRAStartup Design Service™
In many cases the ITR™ is all the design our clients need to start and fund their small business. Sometimes, though, the best design is more complex. The details of the business plan and its structure have to be mapped out. The economic terms of the “deal” have to drive the design. The design of the ownership, governance and operating rules must comply with the special IRS and Department of Labor rules that apply.
In collaboration with you, your accountant, your business lawyer and/or your investment advisor we will prepare a written venture design for you and your advisors to implement.
Our SDRAStartup Design Service™ provides a business design for organizers and investors to incorporate the economic terms of the “deal” and to accommodate the special rules applicable to businesses capitalized with retirement funds.
Step Three – SDRAStartup™ Implementation Services
Our SDRAStartup Direct Service™ is for investors who want to invest directly in specific assets, like real estate or equipment. Many SDRA™ investors choose to have their custodian hold title to their investments directly, instead of creating a separate entity to hold the property. If this is your choice, our SDRA Startup Direct™ service may be your most efficient choice for legal services.
Our SDRAStartup Solo Investor Service™ is for an investor who wants to invest in an entity with his or her retirement account as the sole investor. The main advantages are creditor protections and retaining control over the business checkbook. If you want to make a real estate or small business venture investment with your SDRA™, you may want the protections that an LLC affords from third party liabilities if something goes wrong. Our SDRAStartup™ Solo Investor service is specifically designed for your needs.
Our SDRAStartup Small Business Service™ is for those who want to co-invest with others in a closely held small business.
If you want to co-invest in real estate or a business venture with your SDRA™ and/or other investors, you may want an LLC or corporate structure to protect yourself from third party liabilities if something goes wrong. If so, our SDRAStartup Small Business Service™ is specifically designed for your needs. This service includes an optional estate plan review for each investor at no additional charge. (SDRA Startup Services™ are limited to securities transactions that are exempt from state and federal securities registration requirements and do not involve an offering under SEC Regulation D.)
Call us at 617-379-6931! We’ll be happy to help you start your small business with self-directed retirement funds.