The 1 Question to Help You Know What Type of Business to Start in Retirement

You’re looking to start a business in retirement, but you’re not sure what type of business makes sense for you. There are so many different types of businesses you can start these days. Where do you even begin? There’s one key question you must ask yo… Continue reading

5 Mistakes to Avoid When Starting a Part-Time Business in Retirement

If you’re thinking about starting a part-time business in retirement, you’ll want to avoid the following five mistakes: 1. Not having a well-thought out plan to make the business run. “Don’t make the transition on the day you retire. You need to resear… Continue reading

How the Coronavirus Is Impacting Small Business Owners

(This article was updated March 23, 2020  and March 27, to reflect new programs from the Federal Reserve to assist small businesses and the new coronavirus stimulus law.) The pain and uncertainty of the impact of the coronavirus on small business owner… Continue reading

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

Rural Entrepreneurs Are Finding Success Away From Big Cities

The economies of rural America are struggling. As a result, the percentage of startups that are in rural communities fell from 20% in the 1980s to around 12% currently, according to The Kauffman Foundation. But there’s a quiet and enterprising movement… 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

How to Manage Financial Risk When Starting a Business in Retirement

Modern retirement is no longer a career-ending event, but instead, often a professional reinvention. “For many people, retirement is a time to take on an encore career or start a new business,” says Jamie Hopkins, director of retirement research at Car… Continue reading

Starting a Part-Time Retirement Business Before You Retire

If you’re thinking about running a part-time business in retirement, researching and even starting it while you’re still working full-time is a smart move. “It’s great to see if there is a market for your business while not depending on it for an incom… Continue reading

Social Media Tips for Midlife Entrepreneurs

Ginny Corbett, 56, founder of Salúd Juicery, in Sewickley, Pa, has worked hard to build an Instagram following to connect with customers. She now has over 9,413 followers. And it’s free. Sort of. “If you count your time as money, I have spent thousands… Continue reading