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Small Business Boomers

Archive for January 2008

January 31st, 2008

Older veterans starting businesses - Get help here

Which of the following is true? Veterans are:

More likely than others to start businesses
More successful in their businesses than others
Working in home-based businesses.

The answer, of course, is “All of the Above.” If you’re a baby boomer veteran considering starting a small business, there are many resources to help you. The […]

By Jean -- 2 comments

January 30th, 2008

Tell how to stay healthy and possibly win a contest

Like other Baby Boomer women, I am very health-conscious. I read about being healthy, think about eating healthy foods (although I don’t always do it), and I understand the long-term benefits of good health. I heard from Kristen King (another b5media blogger) about a contest in which you can win a $50 gift […]

By Jean -- 4 comments

January 30th, 2008

Buying Condos in Flordia

Something to be aware of.   Condo developers in Flordia, an I’m sure other places, pay real estate agents commissions in advance on the sale of condminium units.  This is not a bad practice or in any way underhanded.  If you were ever a sales person working on an advance, it’s the same concept.  Commissions on […]

By jim -- 1 comment

January 28th, 2008

McDonald’s - the Ultimate Baby Boomer Business

Sean over at Franchise Pick recently talked about McDonald’s. His discussion of post-WWII era families traveling around the country eating at the same place every day (McDonald’s, of course), brought back memories.
In high school, we spent most nights at McDonald’s, cruising around and eating in our cars (this was pre-eat-in). In college, we […]

By Jean -- 4 comments

January 27th, 2008

Extra expenses associated with being a boomer

What is with all this extra nose hair?  I mean, one day my nose looks fine.  The next morning it looks like I’ve got a hibiscus growing out of my nostrils.  A quick glance at my ears to see a long strand sticking out of my ear lobe and fuzz coming  out of the ear holes.  What’s […]

By jim -- 0 comments

January 25th, 2008

And Bill Gates on “Creative Capitalism”

In a speech at the World Economic Forum in Davos, Switzerland, this week Bill Gates continued his discussion about philanthropy by taking it to the business world. He talks about what he calls “Creative Capitalism.” The essence of this Creative Capitalism is “…an approach where governments, businesses, and nonprofits work together […]

By Jean -- 0 comments

January 25th, 2008

Muni Bond Insurance Bites Small Businesses

For those of us who never took out a sub-prime loan or bought a securitized instrument back by sub-prime mortgages we are about to receive a bill.  It will come stealthily.  You will hardly know it as you get stuck for the excesses of the financial market.  It will come in the form of higher state […]

By jim -- 3 comments

January 24th, 2008

Bill Gates: Baby Boomer Philanthropist

A comment by Linda Johnson to one of my recent posts directed me to check out Bill Gates’ address to the graduates of Harvard in June 2007. In his address, he spoke about doing the most good for the most people.  The quote that particularly struck me was, “The barrier to change is not […]

By Jean -- 2 comments

January 22nd, 2008

A thought about playing financial defense

Municipal bonds are a good buy in the market these days.  Rates of return are high and you get the tax free aspect.  They’re a goo defensive pick in this volatile stock market, except for those areas that are being hit hard in the sub-prime loan default area.  Their tax base is going down the […]

By jim -- 0 comments

January 22nd, 2008

Storm Warning

Today’s Wall Street Journal (1/22/08) contains three articles on the coming recession.  Two are headlined at the top of the front page and one is on page two.  This is not good.  The WSJ is a serious business newspaper which does not “cry wolf.”
The first article is about the general credit crunch that is occurring […]

By jim -- 1 comment

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