Small Business Association Retirement Business Links
One of the best sources for advice on starting a Retirement Business is the United States Small Business Administration. Here are some selected links:
Senior Entrepreneurship – How to Tap a Lifetime of Experience into Business Success
Working into retirement isn’t something most Americans would have anticipated as recently as five years ago but come 2012, 20 percent of the country’s workforce is expected to be 55 or older. Combine these demographics with the continued impact of the recession, and you can see a solid trend emerging that reflects more and more seniors and retirees choosing entrepreneurship to boost their retirement income and pursue long-held dreams of going into business. In fact, statistics show that 15 percent of workers expect to start their own business when they retire.
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Starting a Business Later in Life? Financing Options for Retirees and Seniors
Many retirees are looking to start a Retirement Business given the continued impact of the economic crisis on 401(k) plans and a growing desire to stay career-active into retirement. Here are some considerations and options for financing your post Retirement Business.
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Is Entrepreneurship For You?
Starting your own business can be an exciting and rewarding experience. It can offer numerous advantages such as being your own boss, setting your own schedule and making a living doing something you enjoy. But, becoming a successful entrepreneur requires thorough planning, creativity and hard work. Consider whether you have the following characteristics and skills commonly associated with successful entrepreneurs:
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Are you nearing retirement and exploring new opportunities? Or, are you wondering how you will generate income once you retire? A growing number of individuals over the age of 50+ – or “encore entrepreneurs” – are turning to small business ownership.
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Follow These 10 Steps to Starting a Business
Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business.
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If you are considering a franchise, check out Financing Options for Retirees in Franchising for more information.