Boomers Have Huge Hopes For Tiny Companies
As they method retirement age, numerous baby boomers are taking into consideration alternatives to retirement.
A developing number of them strategy to forgo golf, travel and other pursuits to continue working through what have long been deemed the retirement years. Based on a report by AARP, 80 percent of those born from 1946 to 1964 plan to perform right after retirement.
Some are taking this time of their lives to start a little organization. In fact, AARP also reported that 40 percent of U.S. entrepreneurs are over 50.
For those thinking to benefit from this trend, Paul and Sarah Edwards, self-employment life style experts and authors of “The Very best House Organizations for Folks 50+,” offer some guidance. “Starting a modest business out in the house at any age can be quite difficult but rewarding,” says Edwards. “However, Sarah and I have created a few guidelines for our fellow boomers to help keep in thoughts when embarking on this exciting new phase of their life.”
• Do it Your Way. A home- based career allows you to decide everything from how much time you want to dedicate to your enterprise to where you want to be located.
• No More Office. Several authorities believe that taking an organization online is the easiest way to accomplish your goal of working while maintaining freedom. If your modest company is located online, you have low overhead costs and could be found by customers around the globe without regard to where you are located.
• Have an Online Presence. Virtually every enterprise can be helped with a presence on the Web. This is easier than it seems if you operate with a reputable Web solutions partner.
For example, Network Solutions focuses on modest companies by offering products and services such as Do-It-For-Me Web sites (DIFM), easy-to-use templates and 24/7 customer consultants. Such services provide you with a Web partner that will enhance your organization.
• Do What You Enjoy. “Becoming your own boss is an opportunity to do something you want to do,” says Sarah Edwards. “For example, you can spend as much time as you want on a hobby because you’re making money in the process, or helping other men and women or working with the kind of customers you choose to function with.”
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