Using Your 401(k) to Buy a Small Business

Using Your 401(k) to Buy a Small Business

Last week’s post at Transaction, my New York Times blog,¬†looked at an increasingly popular way to finance the purchase of a small business: rolling over funds from your 401(k). Business brokers see buyers use this financing alternative all the time yet it is...
Why buy an existing business?

Why buy an existing business?

One of my first posts at the New York Times was titled Buying a Business Instead of Starting One. I illustrated the reasons for buying an existing business by telling the story of a business owner named Sam. At the end of the post, Sam is revealed to be none other...