Success in Corporate World Inspires Greg Stobaugh to Start His Own Business

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New Entrepreneur Uses 401(k) to Finance Cornerstone Custom Home Inspection

Photo of Owner Greg Stobaugh

Greg Stobaugh, Owner

The success I enjoyed in the corporate world allowed me to start this business with confidence.

Greg Stobaugh has been in the inspection industry for 25 years, giving home owners peace of mind about their property. But for most of those years, he was working for someone else. When the opportunity to start his own business arose, Stobaugh jumped at the chance, launching Cornerstone Custom Home Inspection.

“The success I enjoyed in the corporate world allowed me to start this business with confidence,” Stobaugh said. Using the services of small business financing firm Guidant Financial, he rolled over funds from his retirement account to invest in the new venture without triggering a taxable distribution. This transaction, known as a Rollover for Business Start-up, allowed Stobaugh to start his business debt-free.

“Guidant was very supportive as I asked questions and learned about the laws and procedures of using my 401(k) to fund my new business,” he said of the financing process.

Cornerstone Custom Home Inspection offers North Carolina state-certified home inspections for buyers and sellers, as well as routine maintenance inspections for existing homeowners. Since starting his business, Stobaugh says the best part is not having to punch a time clock. ”Now I work as much as I need to make my business a success,” he said.

Cornerstone Custom Home Inspection is now open for business and will offer discounted introductory rates for a limited time. To learn more about the services they offer in the Piedmont-Triad region, email jgstobaugh(at)gmail(dot)com or call 336-816-1240.

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About Cornerstone Custom Home Inspection
Cornerstone Custom Home Inspection takes pride in providing quality, informative inspections that are individualized according to each home. Whether it’s completing an inspection for a home buyer or seller, or reviewing a home for maintenance purposes, Cornerstone’s licensed professionals provide state-certified inspections that offer peace of mind. To learn more, email jgstobaugh(at)gmail(dot)com or call 336-816-1240.

About Guidant Financial
Guidant Financial helps people create the life they want through innovative small business financing. They are the premier provider of rollovers for business start-ups (ROBS). Guidant's services allow people from all walks of life the freedom to make time-sensitive investments using their retirement funds without taking a taxable distribution or getting a loan, in addition to offering traditional funding options such as SBA loans and unsecured credit. Visit Guidant on the Web at guidantfinancial.com.

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Brooks Wallace
Hollywood Public Relations
781-378-1731 Ext: 6
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