Boomers Have Big Hopes For Small Business

Are you approaching retirement? Do you want to start a small business of your own? Small business has been an option to many who want to maintain their income stability. However, some important matters need to be well considered.

As stated in form of question in the outset, many who are approaching retirement will make different plans. Like playing golf, traveling and while others even retire going back to depend on their children and relatives. One report states that “80 percent of those born from 1946 to 1964 plan to work after retirement.”

On the other hand, some are taking this time of their lives to start a small business. AARP reported that 40 percent of U.S. entrepreneurs are over 50.


Taking advantage of small business is one of the best wise courses to take. Paul and Sarah Edwards, self-employment lifestyle experts and authors of "The Best Home Businesses for People 50+," offer some advice. "Starting a small business out of the home at any age can be very challenging but rewarding," says Edwards. "However, Sarah and I have developed a few tips for our fellow boomers to keep in mind when embarking on this exciting new phase of their life."


How then can you go about it? The following can help.


1. Do it Your Way. Home- based careers will affords you the freedom to decide everything from how much time you want to spend working on your business and the location where the business should be.

2. No More Office. Many experts believe that taking a business online is the easiest way to accomplish your goal of working while maintaining freedom. If your small business is online, you have low overhead costs and can be found by customers around the globe without regard to where you are located.

3. Have an Online Presence. A progressive business can flourish the more as it uses internet in this present age. It is therefore of more benefit if you work with a reputable Web solutions partner.

For instance, Network Solutions focuses on small businesses by offering products and services such as Do-It-For-Me Web sites (DIFM), easy-to-use templates and 24/7 customer consultants. Such services provide you with a Web partner that will enhance your business.

4. Do What You Enjoy. "Becoming your own boss is an opportunity to do something you want to do," says Sarah Edwards. "For example, you can spend as much time as you want on a hobby because you're making money in the process, or helping other people or working with the kind of customers you choose to work with."

All in all, either your approaching retirement, retired already or even just want to go into small business, indeed there is hope for your small business.

Boomers Have Big Hopes For Small Business

Meet The Author

Small business guide is a site built to assist people in setting up business. I do this as a major hubby. As a prolific writer, How best will it be to have a blog that will be useful to those looking to set up or run their own business.
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