Sunday, October 7, 2012

Lets Share Information on Great Funding for Start up or Expanding Your Business

As I always say, things will be, as they are meant to be. That only reinforces my belief that once you empower yourself, No One, and Nothing will be able to stop you........ But YOU! When you finally let go, and Learn to Trust the Universe, the Universe will bring you exactly what you want, when the time is right for you.

During our Apprenticeship class yesterday we discussed funding options for new Business. I was asked to mention one here.......Now you will have to do some research on how the process works in your area, and who is involved, But, Consider the IDA Account. (Individual Development Account)

UPDATE:  I forgot to mention that ALL funds connected with the IDA are Tax Free!

I can give you a brief outline and how it works in Iowa, but, please check your local area and rules on this.  So with an IDA account for business, you save 2,000. in an account with a Credit Union, attend the classes, You add up to 200.00 per month. Once you reach your goal of 2,000. in savings, it will be matched with 2,000. from the Federal Government, another 2,000.00 from the State, and another 2,000.00 from the Credit Union (Also at times donors give gifts to the IDA fund that can be added to you at the end of your savings term)

That's right,  You save 2,000.00 and end up with at least 8,000.00 To be used for your business.  I wanted to mention also, that this same IDA program can be set up for Schooling, buying a car, buying your first Home.(the ways these work may be different, so check them out) The Credit Unions here in Iowa also offer Credit Building Programs to go hand in hand with the IDA. (Again check out what is available in your area)

Thank you for reminding me to bring this up here, I hope that some of you can use this information and benefit from a very good program to start or expand your Business! If you would like to discuss this, get more information, just contact us, we would be happy to share what we know with all of you!

www.candlemoldvault.ca and www.candlemoldvault.com were super busy again yesterday. Great to see all the First time buyers and visitors!

2 more Apprenticeship Classes this week, one today, one tomorrow, and next weekend is already booked and filled.

Finally I want to continue to remind you, Our Busy Holiday Selling Season is just around the corner, Please don't wait to get your Candle Molds ordered.... time is short now.


Happy CandleMaking!





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