Guidant Financial Group Blog

Although the SBA reports that 75 percent of small businesses survive at least two years, and about 44 percent survive at least four years, Guidant clients are experiencing a 95 percent survival rate!

A recent Guidant survey indicated that 95 percent of clients who purchased their business using Guidant’s 401(k) small business financing solution are still in business. Although this is an average of all Guidant clients who have been in business anywhere from a few months to five years, the success rate is nevertheless significant when compared against national averages.

The financial advantages of using one’s own retirement funds rather than debt to launch a business are pretty obvious. But what continues to impress us are the numbers of clients who say that investing their retirement funds into an asset they can personally control is one of the factors that keeps them motivated during the early – and often leaner – years.