If you have a business, you probably have encountered some of the new generation of employees - the Millenials. These young people are just entering the workplace, and they are causing all kinds of problems for Baby Boomer employers.
These new employees feel a sense of entitlement and self-worth that gets them little praise from their […]
Hiring your children is a good way to help your Baby Boomer business:
You can get some needed part-time jobs done that it would be difficult to hire someone else to do
You can save on taxes
Your child can spend the money or build up money in a college fund.
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If you have […]
A big factor in success is asking the right questions. This principle works particularly in business negotiations. If you are a baby boomer buying a business, or if you are buying a boomer business (or both), carefully evaluate the business by asking the right questions.
A young friend of mine told me a story about […]
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A PizzaWorld franchise opened near us, so my husband and I started eating there. We found the owners friendly and the food excellent, if slightly overpriced. They were in a good location in a growing area of town, and we were thrilled to find a […]
When my husband retired a few months ago he said he was disheartened by the way his company treated him and other older employees. He said it seemed as if the company was trying to get rid of him so they could hire younger, cheaper employees. But he said that they didn’t know anything, and […]
Many business owners have said they are being affected by the credit crunch in two ways:
1. They are unable to borrow money to pay their bills.
2. Their customers are taking longer to pay.
The availability of credit is a serious problem for any small business. It’s about survival. Believe me, I’ve been there. The problem may […]
I received a rant today from a good friend who is a dentist, and I want to publish it in full:
I have to talk to you about this. Why aren’t the high schools educating people anymore????? I am looking for another assistant, but their English is TERRIBLE! These applicants can’t write in complete sentences. They […]
In tough times, it’s sometimes necessary to let employees go (nice way of saying you’re laying them off). However you say it, it’s not a pleasant task, for either of you. But sometimes there are ways to keep employees on the payroll. Here are some suggestions:
1. Reduce Hours. This is the easiest one, for you. […]
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In my “day job” I talk to a lot of Millenials who want to go into health care practices as “associates,” working with baby boomers. These young people come to me with contracts and want my opinion. I don’t give legal opinions (I’m not a lawyer and I don’t play […]
The situation I talked about yesterday, with the travel agent who got mad because the doctor didn’t use her agency to book a trip, has another twist to it. The patient was 20 minutes late for her appointment. And she was typically at least 15 minutes late for every appointment. I told the doctor she […]
business advice for boomers
Written by Jean Murray [email] for b5media.
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