Small Business Boomers

May 28th, 2008

Take A Chance

Are you ready to take a chance? Are you ready to quit your job and start a small business?
Tags: ABBA, baby boomers, retirement, small business, take a chance

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By Jean -- 0 comments

May 27th, 2008

Taking a Chance on Retirement … to a Home Business

This month’s contest on the Business Channel at b5media is about “taking chances.” I’m ready to take the chance, to “retire” and work full-time from home.
Have you thought about “retiring” and starting a new business, at home or elsewhere?
There is a lot of fear associated with big life changes, like changing jobs, starting a […]

By Jean -- 3 comments

May 23rd, 2008

Businesses for Boomers: Start a beer-related business

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 […]

By Jean -- 0 comments

May 21st, 2008

Wine-making as a business for baby boomers

Speaking of “little old wine-makers,” have you ever thought of wine-making as a baby boomer business?
There are several wine-making franchise opportunities available, including “Let’s Make Wine,” which was started by Ann Rosenberg, the widow of Dunkin Donuts entrepreneur Bill Rosenberg. Sean Kelly, over at FranchisePick, recently wrote a post about WineStyles, a new wine franchise […]

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 13th, 2008

Illusions of Entrepreneurship - The Entrepreneur Quiz

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 […]

By Jean -- 2 comments

March 27th, 2008

Is a freelance writing career your dream? Here’s some advice

Many baby boomers dream of working from home. Anne Wayman, over at The Golden Pencil, suggests a freelance writing career might be your way to get out of your 9-5 job and into a home-based job. But it’s not easy.
In this recent post, Anne gives some advice to an aspiring freelancer. […]

By Jean -- 0 comments

March 25th, 2008

For your boomer business, consider an LLC

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 […]

By Jean -- 0 comments

March 21st, 2008

Pulling the Trigger

I’ve recently come across a number of people who talk about starting a business.  They want to know the steps to starting a business.  I could write down the dozen or so broad topics someone should think about before starting a business, but they would be better off reading any of the score or more […]

By jim -- 1 comment

March 19th, 2008

Do you know the difference between “collateral” and “injection”?

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 […]

By Jean -- 1 comment