50+ Entrepreneurs

10 Great Resources For Starting A Business Over 50

Date
Fri, 2015-07-17 17:08

Starting a business of your own after age 50 can be very rewarding and give you a new lease on life! You’re also more likely to start a successful business at this age because you will channel the skills you’ve developed throughout your career. In fact, one leading study found that people over 50 are almost twice as likely to launch high-growth startups than their younger counterparts.

Here are 10 resources you can take advantage of when starting a new business after 50.

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Ask SCORE

            I recently launched my business as a wedding and event planner. I need to get the word out, but I don’t have a lot of money to spend on advertising. Any suggestions?

           Want to share some news about your small business? Consider issuing a news release. Formatted like a news story, a news release is designed to publicize an accomplishment, announce an event or a new service, introduce new products or services, or share helpful information that readers can use.

About the Author

            This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly 70 current and former business executives available to provide free, confidential, one-on-one business mentoring and training workshops for area businesses. Call 603-666-7561 or visit merrimackvalley.score.org for information on mentoring, upcoming workshops and volunteer opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S. Small Business Administration.

If you are debating about whether your new organization should be a for profit or a not for profit organization.  This check list will help you decide.

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In order to access this resource although it is available at NO Cost you must have an Onondaga County Library Card!


          After working in the industry for a number of years, I want to start my own catering business. Conversations with a couple of banks about financing have not been promising, so I’m considering approaching some friends and relatives about borrowing the startup money. Is this a good idea?         

When seeking financing help for a small business, many entrepreneurs turn to friends and family, rather than banks or other lending sources. While this approach may avert the stresses associated with loan applications and presentations before strangers, it carries its own set of risks and potential pitfalls.

About the Author

          This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly 70 current and former business executives available to provide free, confidential, one-on-one business mentoring and training workshops for area businesses. Call 603-666-7561 or visit merrimackvalley.score.org for information on mentoring, upcoming workshops and volunteer opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S. Small Business Administration.  

Preparing for his next leap — from stunt work to cooking ventures

Date
Sun, 2015-05-17 08:00

Like many Americans in their 50s, Stephen Tartalia wants to begin a second career. He figures it won't be simple, but it might be a lot less painful.

Tartalia worked as a Hollywood stuntman in film and television franchises such as "Pirates of the Caribbean" and "Buffy the Vampire Slayer." Tartalia's stunt reel shows him jumping from buildings, crashing through windows and embroiled in other mayhem.

Now, rather than taking a fall for Hollywood stars, he'd like to cook for them.

I’m considering purchasing a local, long-established dance studio. I have the training and skills to run it, but have never bought a business before. What advice can you give me? 

          Buying an existing small business can expedite one’s way into entrepreneurship. All the upfront effort has been taken care of, as has much of the learning curve. And with staff and resources already in place, you may think stepping in and taking over is all there is to it.

About the Author

          This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly 70 current and former business executives available to provide free, confidential, one-on-one business mentoring and training workshops for area businesses. Call 603-666-7561 or visit merrimackvalley.score.org  for information on mentoring, upcoming workshops and volunteer opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S. Small Business Administration. 

Business Technology - Finances (4 of 4)

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