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Small Business Boomers

Archive for April 2008

April 30th, 2008

Annuities - Good or Bad? I really need to know

My husband has a pension coming to him.  I don’t.  I have some 403b/IRA money in place, but I’m concerned that I will outlive it.  So I have spent some time studying annuities, talking to people about a variable annuity that I “can’t outlive.”
I get two kinds of advice:
A.  They’re great. You should put all […]

By Jean -- 2 comments

April 30th, 2008

Cheap or Expensive?

It seems that each of us in the U.S. has 19 feet of retail space allocated for our use.  Historically we should have no more than 10 feet of retail space per person.  So, we are overbuilt by 90%.  Not a good sign for retailers or those who own retail property.  For the moment retail is […]

By jim -- 1 comment

April 29th, 2008

On Writing

“The chain-link gate yowled like an angry tomcat in the watery light of dawn.”  This is the first sentence of a book by a “New York Times bestselling author.”  I can’t say that I’ve seen a more hack-kneed or trite opening to a book since Snoopy wrote one.  There follows a number of quotes lauding the […]

By jim -- 3 comments

April 28th, 2008

What technology did you grow up with?

I just read an article about Generation Y, who were born between 1982 and 2000. They grew up in a world of computers, never having known what it would be like to live without them.
My children, Generation X. were born between 1965 and 1979, and grew up in a world of recording - 8 […]

By Jean -- 4 comments

April 26th, 2008

National Small Business Week around b5media

If you have been following the news about National Small Business Week (which I guess is technically over), you might be interested in what the other b5media people have been saying about the phenomenon of Small Business from Accounting$olver:
Small is Beautiful (businesses, that is)

a Success Formula for your small business
The importance of Working Capital and
How […]

By Jean -- 1 comment

April 24th, 2008

National Small Business Week -2: Which states are “small business friendly?”

Which U.S. states are best and worst for small businesses? The Small Business and Enterprise Council has published a ranking of states in their friendliness for small businesses.
The friendliest states: 1)South Dakota, 2)Nevada, 3)Wyoming, 4)Washington, 5)Florida. The worst: 47) Iowa, 48) California, 49) Minnesota, 50) New Jersey, and 51) District of Columbia.
I have […]

By Jean -- 0 comments

April 23rd, 2008

National Small Business Week - April 21-25: Older business owners

This is National Small Business Week. In honor of this important week for small business owners, here’s how Baby Boomers rank as small business owners.
Some interesting stats on “older” business owners show that we are the people who are driving the workforce. This disproves the myth that we’re retiring to just sit around.
Entrepreneurship […]

By Jean -- 0 comments

April 22nd, 2008

Another twist on age discrimination: early retirement “incentives”

In 2006, the Stillwater, Minnesota school district was forced to pay over $1 million to former employees who had been discriminated against in early retirement. Apparently, the school district was reducing early retirement incentive payments for each year as employees grew older. Huh? (I had to read that a couple of times […]

By Jean -- 0 comments

April 22nd, 2008

What to do about age discrimination?

If you feel that you have an age discrimination case you need to talk with your local Federal office of the Equal Employment Opportunity Commission.  They have a very good process to help you determine if you have a case under the law.  They will advise you and take action if they feel you have a good […]

By jim -- 10 comments

April 22nd, 2008

Market for Inventors?

On April 28th Eureka Ranch Technology Ltd. will launch a registry site where researchers and inventors can post their ideas. The site is planeteureka.com.  The purpose of the site is to offer innovations to people and companies who can develop posted ideas into marketable products.
The reasoning is that small businesses don’t have much money for research and […]

By jim -- 0 comments

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