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A Corporate Facelift With Sound Bytes
If Baby Boomers can get botox and tummy tucks, then why don’t companies receive facelifts to improve their image as well? The telephone is the lifeblood of any business. Use it respectfully. Don’t leave your clients on-hold to listen to radio...
Are You Burned-Out?
"In order to burn out, a person needs to have been on fire at one time." Ayala Pines What is burnout? And how do you know if you're suffering from it? Burnout is various physical, emotional and mental reactions caused by repeated stress. ...
Network Marketing ( Opportunity or Scam )
According to a new survey carried out by Alliance & where ID_NUM=9270; Leicester, one in five small business owners view tax as their greatest concern. The Chancellor has announced in his last budget that companies with profits below œ10,000...
The Newest Case for Human Capital
The United Kingdom-based Institute of Personnel and Development recently released a study showing that investing in people rather than technology makes a far greater contribution to an organization’s bottom line. The seven-year study of more than...
What is a Bridging Loan?
A bridging loan as the name implies is a loan used to “bridge” the financial gap between monies required for your new property completion prior to your existing property having been sold. A bridging loan is in simple terms a short-term mortgage...
 
Small Business Q&A: Entrepreneurs Just Get Better With Age

Q: I'm thinking about starting a business after I retire next
month. I'll be 65. Am I too old to start a business?
-- Milton A.

A: Milton, congratulations on your pending retirement. I find it
admirable that after many years of hard work you are thinking
about starting a business. While most men your age would be
content to sit on the porch and watch the world go by, you are
considering a ride on the entrepreneurial roller coaster. You're
certainly tall enough to ride this ride, but are you too old?

Here's my standard answer: It depends. It depends on your health,
your energy, your drive, your goals, and of course, your finances.
If all those are in good shape and you have your spouse's approval
(that's a biggie), then there is absolutely no reason why you
should not start a business at your age.

In fact, the numbers are actually in your favor. According to
recent studies 22 percent of men and 14 percent of women over 65
are self-employed. That's compared to just 7 percent for other
age groups.

According to a Vanderbilt University study the number of
entrepreneurs age 45 to 64 will grow by 15 million by 2006.

That's compared to a 4 million decline for entrepreneurs age 25
to 44.

A 1998 survey of baby boomers conducted by the American Association
of Retired Persons (AARP) revealed that 80 percent of respondants
planned to work beyond retirement age, and 17 percent of those
planned to launch new businesses.

The study noted, "Self-employment among American workers increases
with age, with the most dramatic jump occurring at age 65."

Older entrepreneurs may also find starting a business easier than
their younger counterparts because older entrepreneurs tend to
have more experience to draw from and more assets with which to
finance a business.

Further evidence comes from a report released by Barclays Bank
entitled Third Age Entrepreneurs - Profiting From Experience.
The report shows that older entrepreneurs are responsible for 50
percent more business start-ups than


10 years ago. This amounts
to around 60,000 business start-ups last year alone.

The survey also showed that today's third age entrepreneurs (as
the report calls entrepreneurs over the age of 50) don't mind
putting in the hours required to build their business. Nearly
49 percent work an average of 36 hours or more a week.

Third agers also rated holidays, lack of stress and a balance
between work and home life more important than their younger
counterparts.

The report further showed that only 27 percent run the business
as the only source of household income, with 51 percent
supplementing their pension.

Other key findings showed that third age start-ups account for
15 percent of all new businesses, and third age entrepreneurs
are three times more likely to be male than female.
There is a downside (isn't there always?). Many businesses fail
within the first few years and older entrepreneurs may be less
able to handle the financial loss than younger entrepreneurs.

It's one thing to lose everything at 25, but it's a much bigger
deal to be financially ruined at 65.

So my advice, Milton, is that if your health and finances allow
(and the Mrs. gives the green light) by all means start your
business.

Climb on the entrepreneurial roller coaster and hang on tight.

You get the senior discount, by the way.

Just try not to lose your lunch when things get bumpy and you'll
probably do just fine.

Here's to your success.

Tim Knox, Founder
For more information on starting your own online business visit
http://www.dropshipwholesale.net, the website for online
entrepreneurs.

About the Author

Tim Knox as the president and CEO of two successful technology
companies: B2Secure Inc., a Web-based hiring management software
company; and Digital Graphiti Inc., a software development company.
Tim is also the founder of dropshipwholesale.net, an ebusiness
dedicated to the success of online entrepreneurs.
http://www.dropshipwholesale.net
http://www.smallbusinessqa.com

 

Finance - Leases-Leasing Ezine Articles
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites.
ezinearticles.com
 
Finance: Leases Leasing Articles from EzineArticles.com
http://ezinearticles.com/?cat=Finance:Leases-Leasing Free Content For Your Ezine or Website http://creativecommons.org/licenses/by-nc-nd/2.0/ Why use your ...
ezinearticles.com
 
Leases Leasing - Money & Finance Articles
Leases Leasing - Money & Finance Articles. Money & Finance | Accounting & Payroll | Bankruptcy | Business & Loans | Credit Tips | Currency-Trading ...
www.article99.com
 
Finance » Leases Leasing » Absolute Article Directory
Absolute Article Directory: Finance, Leases Leasing.
www.absolutearticle.com
 
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By David Springer | On January 29, 2006 | In Leases-Leasing | Rated. Short on cash, but need equipment? Consider leasing what you need. ...
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Leases Leasing
You are here: Article Directory arrow Article Directory arrow Finance arrow Leases Leasing ... Leases Leasing. Articles ...
www.rumorist.com
 
Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan ...
Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan Florence One Way Paris London Frankfurt Madrid Lisbon.
www.ideamerge.com
 
europe car rental leases leasing one way rentals long term renault ...
pictured is the Renault Laguna Estate, With Renault tax-free, short-term auto leasing you get the exact, brand-new vehicle you reserve, plus unlimited miles ...
www.ideamerge.com
 
Private Fleet - Finance, Insurance, novated leases, leasing, CHP ...
New Car Broker Australia. Private Fleet sales discounts on your new car purchase, no haggle, no hassle saving $1000s off all new and used cars for private ...
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Projector Leases, Leasing Companies for LCD, DLP, LCOS projectors
Projector leasing programs and services. Choose a company.
www.projectorcentral.com
 
Category: leases-leasing
Category... leases-leasing. Results 1 - 3 of 3. Search took 0.01 seconds. Page 1 of 1. Buy or Lease: Which Automobile Transaction is Better? ...
www.articler.com
 
John Dellagnese & Associates: offices, officespace, lease, leases ...
It takes two companies to bring you the premier Corporate Property Development group in Northeast Ohio: the talents of John Dellagnese and Associates ...
www.dellagnese.com
 
John Dellagnese & Associates: offices, officespace, lease, leases ...
Welcome to our Tenant Login Page. * Forgot your password or haven't received one yet? Email us tinah@dellagnese.com or call 330-668-4000 and we will reply ...
www.dellagnese.com
 
The-Arts-Magazine.com - Leases-Leasing
Home arrow Article Links arrow Finance arrow Leases-Leasing. Main Menu ... Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category.
www.the-arts-magazine.com
 
OmegaMotors.com - Your Money - Leases - Leasing Overview
Blue Book retail & trade-in value reports on used vehicles. Kelley features prices on used cars, trucks, street and dirt bikes, ATVs, scooters, ...
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Entertainment Guide - Leases-Leasing
Sunday, 03 December 2006, Home arrow Article Resources arrow Finance arrow Leases-Leasing ... Mosets Tree. Leases-Leasing ...
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Finance, Mortgages, Leases, Leasing, Brokerage Houses, Mortgage Lending.
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vehicle leases leasing guide and facts
vehicle leases leasing guide and facts. Under the federal Consumer Leasing Act, you, the consumer, have a right to information about the costs and terms of ...
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