The Tom Hayes Freedom Builders Accelerator will assist you with your goal to build a brand new life. The program has created millionaires. The use of the Accelerator is not just another flashy marketing gimmick, but rather it is a step by step process that takes you from being an ordinary person to being a leader in your field.
In the early years, there was no capital available for people to start their business. The banks were wary about lending money to companies. That all changed in 1977 with the passage of the Employee Retirement Income Security Act. This law was signed by President Ford. Visit here for more information Tom Hayes – Freedom Builders Accelerator
It put some order into the financial difficulties faced by thousands of workers across the country. All employees who started their own businesses, had to have a set amount of money. Employees also started to enjoy the benefits of being able to take home their own money with no restrictions on how they spent it.
With the passing of the Employee Retirement Income Security Act, Tom Hayes began creating a program that could help entrepreneurs grow and expand their businesses. They recognized that creating a business requires capital to start it. This is called a start up loan. The Accelerator gives money to entrepreneurs who are ready to start their own business and are ready to move forward with it.
The first step of the program is to ask a business owner to fill out an application. It does not matter what kind of business the entrepreneur has – home business, Internet based business, small retail store, online retail store, etc.
The entrepreneur receives an authorization number, which will be used to fund his or her business. The funds are held in a separate account until they are needed. There is a two-week period for a person to return the funds if there is a problem with the bank. If the funds are not returned within the two weeks, they are considered non-receivable.
After the two weeks, the money is used to finance the business. There is also a requirement that the entrepreneur must pay taxes on the profits. The entrepreneur is also given an ownership percentage of the business when it reaches the five-year mark. Once the entrepreneur receives the ownership percentage, he or she can start paying taxes on that ownership percentage.
Tom Hayes is a great program that will help you get on the right track to financial freedom. Make sure you consult a financial planner to help you determine whether or not this is a good option for you. The Tom Hayes Freedom Builders Accelerator is a great way to take control of your finances.