As small business owners struggle to find credit in a credit-empty economy, they are discovering other credit sources that have been overlooked. Today, some sources of funding that might help you and your Baby Boomer business through the credit crunch. On my About.com Guide Site, I put together a comprehensive list of sources for business […]
My recent post about raising prices got mentioned in the New York Times! And others have picked up the thought; IdentityKitchen (a design firm) also mentioned the NYT article and SBB.
Why does raising prices help “recession-proof” your business? Three reasons:
1. Since most businesses tend to under-price, it gets you closer to a realistic price for your work […]
In response to my post last week about “Should you start a business after retirement?“ Charlie from Circledog commented, “You may have no choice.” He’s right.
No Retirement Income. Most of us (with a few exceptions like my husband) will have no guaranteed retirement income. Annuity pensions have gone the way of the carrier pigeon (long […]
Now that I have heard over and over how we Baby Boomers caused the financial collapse by our profligate spending and our financial irresponsibility, maybe we should just take over and fix the whole mess.
Miranda Marquit (from Yielding Wealth) and other “ordinary” Americans were asked their opinions on how to fix the economy. Miranda has […]
My husband and I have a favorite restaurant. We go there at least once a week, usually more. We just realized last weekend that we haven’t been there in two weeks. The reason - we decided to eat out less. And it appears that many other Baby Boomers are doing the same thing.
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Many Baby Boomers are considering leaving a full-time job and starting another job. A 2004 study by American Association of Retired Persons (AARP) revealed that 79 percent of people who responded to the survey were planning to work after retirement and 17 percent were planning to start new businesses. So, […]
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Sarah Palin confesses she shops at consignment stores. And many other smart shoppers are doing the same. With the downturn in the economy, consignment shops are booming. Lots of people are looking for bargains in clothing, furniture, toys, you-name-it.
What is the difference between a consignment store, a resale store, and a […]
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Is your business is reeling from increased costs and the economic downturn? Are you, like the business owner in the photo, watching your business profits shrinking? For many businesses, when times are good, they spend. Now, these same businesses are looking at ways to save. While it’s always a good idea […]
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I decided to retire over a year ago. Now I’m reconsidering. I’m still leaving my former employer, but I’m looking for other job opportunities. No sense sitting around watching the market; I need to get out there and make some money.
If you have decided to go back to work or start […]
One result of the credit/banking crisis has been a new wave of lenders who can help you get loans for your small business when other traditional lenders cannot. A recent Wall Street Journal article detailed one such lender, On Deck Capital. Instead of requiring you to put up assets for more traditional types of loans, […]
business advice for boomers
Written by Jean Murray [email] for b5media.
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