Starting a Business in Retirement: Using a Lawyer

You’re eager to start a part-time business in retirement and have done your research. Now it’s time to learn about the legal requirements and tax implications; the human or electronic legal help you may need and what that could cost. First off: Decidin… Continue reading

5 Businesses You Could Start in Retirement for Under $5,000

Starting a part-time business once you’ve retired may sound daunting and risky. But it’s actually possible to launch some enterprises from home for less than $5,000. The five low-capital types of startups for retirement businesses: Coaching or consulti… Continue reading

Best Tech Tools for a Home-Based Retirement Business

Starting a home-based business in retirement means that you not only need to develop a business plan, but also consider how to handle accounting, payments, expenses, project management, customer service, file storage and sharing and marketing. Tech too… Continue reading

Starting a Business After 50: How to Manage the Financial Risk

Transitioning from your nine-to-five career to becoming a business owner after 50 may sound enticing, with the freedom to set your own hours and profit from your passions. But midlife entrepreneurship comes with financial risks, too. Here’s how to mana… Continue reading

Sidepreneurship: The Booming Trend for Women

”Sidepreneurs” is a new term to me, but it’s getting traction in the realm of female entrepreneurs. For the first time, the annual American Express report on women-owned businesses in America looked at “sidepreneurs,” part-time entrepreneurs who work f… Continue reading

My Second Act: Starting a Newsletter

It’s 7 a.m., and, like clockwork, the Nonpolitical News digital newsletter lands in my email inbox. I’m a subscriber. After slogging through my daily morning news reading — mostly from national media outlets and my Twitter feed — this free newsletter i… Continue reading

‘Your Next Avenue’ Season 2, Episode 2 Podcast Notes

Listen to ‘Your Next Avenue’ Podcast Episode: Business Plan Tips for Entrepreneurs Summary: Advice from Carrie Hurwitz Williams and Jake Nice on how midlife entrepreneurs can write a winning business plan. Details About This Podcast: Carrie Hurwitz Wil… Continue reading

Listen: How to Write a Business Plan

If you’re planning to start a business after 50, it’s crucial to understand how to write a business plan and why having one is essential. A business plan can help you get financing, sharpen your strategy and achieve your objectives. In the latest episo… Continue reading

‘Your Next Avenue’ Season 2, Episode 1 Podcast Notes

Listen to ‘Your Next Avenue’ Podcast: Bullseye: Target Audience Tips for Entrepreneurs Summary: Advice from Lola Rain and Josh Bois on how midlife entrepreneurs can find and reach their target audience Details About This Podcast: Lola Rain is vice pres… Continue reading

Midlife Startup Success: The OperaNuts Story

(The following article is excerpted from the new book, Never Too Old to Get Rich: The Entrepreneur’s Guide to Starting a Business Mid-Life. Next Avenue co-published it with Wiley.) For a couple of years, when she was growing up in Hibbing, Minn., Rache… Continue reading