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Small Business Boomers

Archive for November 2008

November 29th, 2008

Holiday Shopping on b5media Blogs

Over at the Lifestyles channel, they have put together a Virtual Mall with lots of great shopping ideas.  Maybe I can talk my family into looking at the list of gifts for quilters and fabric artists on Quilting and Patchwork.
The Splendicity (Beauty and Style) channel will give you plenty of inspiration in its holiday gift-giving [...]

By Jean -- 0 comments

November 28th, 2008

Black Friday - To Spend or Not to Spend

Today is Black Friday.  The official start of the holiday shopping season.  Some are predicting a dismal season.   Lots of bargains will be available, I predict.  But should all of us rush out and spend money or not?
Although it hasn’t been officially announced, we certainly are in a recession.  Defined as two consecutive quarters of [...]

By Jean -- 1 comment

November 27th, 2008

7 Reasons I’m Thankful for Small Business Boomers

In honor of Thanksgiving in the U.S. today, I got to thinking about things for which I’m thankful.  In my list, I decided to include being thankful I’m a Baby Boomer and for my really great job here at Bizzia with Small Business Boomers.  Here is why:
1.  I like being part of history - Baby [...]

By Jean -- 0 comments

November 26th, 2008

Why Baby Boomers Should Keep Investing in the Stock Market

You probably think I am nuts.  You just lost a bunch of money by having your 401(k)/IRA invested in the stock market.  But now is the best time to keep investing.  For some of us, who are on the verge of retirement, it may be too late, because you are done investing, or need the [...]

By Jean -- 1 comment

November 25th, 2008

Will a “Green Business” Keep You “In the Green”?

“Green Business” has been a buzzword for several years now, but the green may be fading.  If you are a Baby Boomer looking for a business concept, you can find lots of opportunities to start a business selling “green” products, but you might find that “green” doesn’t sell like it used to.  Green businesses may [...]

By Jean -- 0 comments

November 24th, 2008

Remember 20% Down Home Mortages? They are Back!

For those of us Baby Boomers who have been buying homes for years, it was a big surprise a few years ago for us to learn that we could buy a home and get a 100% LTV (loan to value) mortgage. Well, not any more.  The banks are finally tightening up and requiring 20% down [...]

By Jean -- 0 comments

November 23rd, 2008

Small Business Reality Show - “We Mean Business”

Baby boomer business owners, Gen Y business owners, and everyone in between needs help with their businesses.  And a new business reality show on A&E is here to help.  The show:  “We Mean Business” (sponsored by Dell).  The episode I watched was about a Baby Boomer named Doug of Outback Catering.  Doug needs to get [...]

By Jean -- 3 comments

November 22nd, 2008

Will You Get a Flu Shot? Half of Adults Refuse Them

A recent article in Reuters provides the results of a survey showing that half of adults surveyed refuse flu shots.  Some of us Baby Boomers have chronic conditions that may lead to complications from the flu, so many doctors recommend it.  Of those surveyed, 48% said they won’t get a flu shot, many stating as [...]

By Jean -- 0 comments

November 21st, 2008

Should We Bail Out GM, Chrysler, Ford?

This weekend, a couple of questions for you.  Today,  a pro-and-con about the possible bailout of the top U.S. automakers.  Tomorrow, a discussion of flu vaccines and why people don’t get them.
First, the auto maker bailout:
Two articles in Harvard Business Publishing debated the issue of whether GM/Chryslter/Ford  should be bailed out.
David Silverman says we should [...]

By Jean -- 1 comment

November 20th, 2008

Set up a 401(k) for Your Business

If you are a baby boomer worried about the erosion of your retirement savings, and you have extra cash in your business this year (”Cash?” “What’s cash?”), consider starting a 401(k) for your business instead of getting an IRA.  You can start a 401(k) even if you have a sole proprietorship. As a matter of [...]

By Jean -- 0 comments