For a year or so, I used an online data storage system. I uploaded copies of all my writing (books, articles, blog posts) and all my financial data faithfully. But in the back of my mind, I always wondered if that was a good idea or a bad one.
The advantage is your ability […]
In my attempt to help you find that great second (or third) career, I’m continuing to look at businesses that baby boomers can start. Today it’s businesses in the beer-wine-alcohol industry, specifically microbreweries.
By the way, American Craft Beer Week was just a couple of weeks ago. Craft Brewers are “small, independent” breweries. A […]
I’m still not sure we’re really in a recession. “Experts” have been talking about a recession since January. I figure by the time they decide we are in a recession, it will be over. But we do know that the only certainty is uncertainty. And business people don’t […]
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 […]
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$olver:
Small is Beautiful (businesses, that is)
a Success Formula for your small business
The importance of Working Capital and
How […]
Which U.S. states are best and worst for small businesses? The Small Business and Enterprise Council has published a ranking of states in their friendliness for small businesses.
The friendliest states: 1)South Dakota, 2)Nevada, 3)Wyoming, 4)Washington, 5)Florida. The worst: 47) Iowa, 48) California, 49) Minnesota, 50) New Jersey, and 51) District of Columbia.
I have […]
I have been reading about a new book titled Illusions of Entrepreneurship, from Yale University Press (as a matter of fact, I ordered a copy). In my reading, I ran across a quiz about entrepreneurship. You really should take this quiz. It has answers to questions such as:
Who is likelier to start a new business […]
Jim Gordon over at the Boss Hatch blog has a great post on how to form an LLC. I have formed two of them, and they are super easy to form, without an attorney. Which is one reason attorneys often won’t tell you to form an LLC. They want you to form […]
If you are considering a loan for a new business or expansion, you need to know the difference. I had an SBA Business Development Specialist explain this to me and I wanted to pass it along to you:
Collateral is assets the lender might be able to convert to cash to pay off the loan […]
Jim has been talking a lot in previous blogs about the sub-prime lending crisis and what you can learn from it. And many people, baby boomers included, are in difficult positions. Ren Garcia over at Accounting$olver has a recent series of blogs on this subject, each with advice on how “fall out shelters” against this […]
business advice for boomers
Written by Jean Murray [email] for b5media.
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