Small Business Boomers

October 6th, 2008

Has the “Credit Crunch” affected your Boomer Business?

Baby Boomers in business:  I’m curious.
Has the credit crunch affected your business?  For example:

Have you found that business is slower?
Have you had trouble collecting money from customers?
Has your bank pulled bank your credit line or denied you additional funding?

Comment or use my latest poll to let me know.
Tags: baby boomer businesses, collections, credit crunch

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By Jean -- 0 comments

September 25th, 2008

Boomer Business Myth: Satisfied Customers Refer

My experience with reading and reporting on The Story of Edgar Sawtelle reminded me that the saying “Satisfied customers refer” is a myth. Here is why:
People who are satisfied don’t refer unless you ask them to or unless someone else asks:
“What’s a good book you’ve read lately?”
“What dentist would you recommend?”
“What is a […]

By Jean -- 0 comments

September 24th, 2008

Is Small Business Optimism UP? or DOWN?

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There is a strange phenomenon going on right now.  Some studies are indicating that small business optimism is DOWN.
Other studies are showing small business optimism as INCREASING, as the National Federation of Independent Business  business optimism index increased 2.9 points in August.
How odd.   Some thoughts on reasons for this discrepancy:
1.  […]

By Jean -- 0 comments

September 5th, 2008

Businesses for Boomers: 7 Writing Businesses You Can Start

I have been writing for a long time, non-fiction, business articles and books.  I did some children’s stories, back when my children were young, but I’ve never been really motivated to write fiction…until now.  Maybe you have to be more mature, more “lived in” to write fiction.
One of the entrants in the “50 things you […]

By Jean -- 3 comments

July 21st, 2008

7 Ways for Your Boomer Business to Deal With Difficult Economic Times

Like all business owners, baby boomers are dealing with the current financial mess in different ways.  Here are some suggestions for you, depending on your degree of optimism and your risk tolerance:
1.  Restrict your cash flow and focus on essentials.  Decide what is essential for your business and what is nice to have but not […]

By Jean -- 0 comments