401k Business Financing
My Solo 401k Financial was available to answer all my questions making it very easy...
Rochester, NY (PRWEB) October 12, 2015
My Solo 401k Financial is proud to announce that through their 401k Business Financing plan, Gary McHale was able to open the first Dental Fix franchise in Rochester, New York. With his "state of the art" mobile service centers he completes repairs on-site, making it faster and more affordable than other competitors. As a result, dentists experience little to no downtime which allows them to make more money and keep their patients happy.
With on-site hand-piece and equipment repairs and no fee for travel, Dental Fix combines centralized technological and account management, operated by industry professionals who are equipped with a “state of the art” mobile service center for dental repair and new equipment needs fixing such things as: sterilizers, ultrasonic scalers, vacuum pumps, compressors, reupholstery, and dental instruments.
McHale adds that Dental Fix is “a better model…it’s dental technology for the 21st century…we come to the dentist.” He explains that traditional methods of repairing dental equipment require dentists to send their equipment to a repair shop which can take days to fix and receive back. McHale understands that this interruption affects the dentist’s bottom line, “at Dental Fix, not only are repairs more cost effective and completed the same day, ultimately, I want to work with the dentist to maximize their bottom line and give better service, and that’s how I define success.”
To fund the venture, McHale was able to use his retirement money via a strategy known as a rollover as business startup (ROBS) that allowed him to tap into his retirement funds without having to pay taxes or penalties. To help him with the transaction, McHale sought the assistance of My Solo 401k Financial. My Solo 401k Financial specializes in rollover as business startup (ROBS) transactions which allow an entrepreneur to use 401k, IRA, or other retirement funds for business financing without incurring taxes or penalties.
“My Solo 401k Financial guided me through the entire ROBS process and they were available to answer all of my questions making it very easy to understand the transaction,” notes McHale. By using the 401k Business Financing plan offered by My Solo 401k Financial, McHale was able to start the Dental Fix franchise without going into significant debt or bringing in outside investors.
McHale spent many years working in the gaming industry but always had a passion for fixing things also working as a carpenter and an electrician. McHale is enthusiastic, adding that Dental Fix gives him the opportunity to use all of his career experiences, “you have to understand customer service sales, technology and repair….it fits me perfectly, I love to fix things, I love tinkering, I get a great sense of satisfaction….I believe in service, and I’ll do whatever it takes to get the job done right.”
About Dental Fix
Dental Fix combines centralized technological and account management services with a unique national network of locally owned and operated industry professionals. Each professional is equipped with “state of the art” mobile service centers. Dental Fix delivers on-site personalized service for repair and new equipment needs. Visit: http://rochester-ny.dentalfixrx.com/
About My Solo 401k Financial
My Solo 401k Financial LLC offers its 401k Business Financing plan (Rollover as Business Startup (ROBS)) which allows an individual to start a franchise using funds in his or her 401k, IRA or other retirement account without paying taxes or penalties. The entrepreneur is thus able to avoid taking on debt and giving up equity in business. Founded by a Compliance Officer and Harvard Law attorney with over 30 years combined experience, My Solo 401k Financial offers fast and responsive service with integrity and compliance expertise. To learn more, please visit http://www.mysolo401k.net/401k-business-financing.