Startup Businesses And Loans

 

 

For women wishing to increase their cash flow after retirement, an internet business may be just the thing. Opportunities abound for home-based businesses, and seniors – men and women – are getting into the game by the thousands. A keyword search for “internet business” turned up the following searches from people looking for information.

  1. Make money online
  2. Internet opportunities make money
  3. Work from home
  4. Best business opportunities online
  5. Best home businesses
  6. New ideas for home businesses

These are just a few of the popular searches, and they include all ages and come from both men and women.

The Startup

For women who are retired and looking for opportunities, an internet business is the ideal place to start. A business may be based on skills you already have, a hobby or something new that offers a learning curve that interests you.

That said, by far, the biggest deterrent for women starting a business is getting a loan. Expenses for a new business go beyond a domain name and a website. Building a website is not for the fainthearted. If it gives you nightmares (me), you may decide to hire a good website designer. Prices here have a wide range, and some very effective sites are fairly simple. However, a good website has many pages of content, and you will probably want images. Then, there are affiliates.

The Daily Maintenance

Building and maintaining your business site takes daily attention.

Marketing is a given. Social media, posting on various sites, reviewing others’ information and keeping your name/brand out there takes time and some expertise. If content writing isn’t your best thing, or you need more than you can comfortably handle, you may hire a freelance writer. Hiring help when you need it is essential to maintain a good business.

The Money Pit

That help often starts with a business loan. Often, women are simply turned down for a loan because they lack experience in running a business. However, many women currently running a profitable business have been denied loans because they’re not considered a “good risk”.

The good news is that recently, the SBA (Small Business Association) increased their lending budget by 128 million for women-owned businesses. This is a huge step forward in supporting women business owners. According to the US Department of Labor Blog, women own close to 10 million businesses. The SBA will also help you with other questions and ideas about starting a business. Here is the link to view more information about women in the work force.

https://blog.dol.gov/2017/03/01/12-stats-about-working-women

When women are able to get a loan to start a business, they contribute to the household income, and can become financially independent. Seventy percent of mothers with children under 18 are in the labor force. If the jobs are secure, they may stay. However, having your own business gives you more than independence; it allows you to determine your own work hours and location, and sets an example of self-reliance.

Retired women have experience and job skills that can be repositioned into an internet business. Hobbies you’re had all your life may also become good startup ideas.

The Picture Today

The fact is, more women than men have college and graduate degrees. However, women still earn 20% less than men. By starting and maintaining a business, you put the ball in your court. That startup fund can make a huge difference in your lifetime achievements.

In a previous blog post, Women Startup Business Solutions, I included a link to a site for finding a good loan for your business.

www.lendingtree.com/Business-Loans/Women

Freelancing and home based businesses are becoming number one choices for earning and making a living. Many people have been able to quit their regular job within a couple years, and live comfortably on the business they started in the living room. Being your own boss is an attractive alternative to working for someone else, who invariably takes home more than you do.

Need a loan? Research the links in this, and my other blog posts, and write a provisional business plan. Putting that ball in your court could be the start of financial independence and lots of personal satisfaction.

If you liked this article, and have a story to tell, please send me a comment. Any questions, just ask. Let’s get a dialogue going. We can learn from one another.

Judy

 

Best Retirement Spots Healthy Safe Affordable

Thinking about retiring? Wondering where to locate? I’ve been in working/retired mode for several years now, and I regularly search for Best Places to Retire. It needs to be affordable, for sure, but I also have my list of amenities that are important. Everyone’s criteria is personal to them, but there are some items that are generally in demand.

Six amenities jump out at me, and they apply to locations here and abroad. Finding your ideal spot on the planet takes some research and a lot of thought. Let’s take a look at the six amenities I found that are priorities.

 

 

 

  1. Affordable – Wonderful spots can be found on nearly every continent, that offer comfortable living at a price you can afford. Google keywords like “retirement spots in the US” or “top ten places abroad”. Choose a few places to investigate, do the math, and start your list. If you will need to increase your cash flow, figure out how you’ll do that and get started before you move, if possible.
  2. Quality of life – This is highly subjective, of course, so give it a great deal of thought. Culture, outdoor adventures, arts and theater, heritage, food and restaurants, shopping, learning opportunities – are only a few of the amenities you may be seeking.
  3. Health – Are you healthy? Is there above average health care in this locality? Are the people who live there generally healthy? Find out about regional health issues and alerts.
  4. Social/Family – Getting acquainted with natives and ex- pats should be reasonably easy. Unless you choose to live in a remote area (your choice), meeting people can be done wherever folks gather. If you have family you want or need to visit often, this is a priority on your list. Accessibility/transportation should be close and relatively easy. An airport, train, good roads or whatever is required should be as hassle-free as possible.
  5. Weather/Climate – Do you want sunshine 300 days a year? I lived in Arizona for fifteen years and loved it. Summer heat had to be dealt with, but you’ll likely have to make some concessions wherever you land. Do you want change of seasons, winter sports, beach, woods, a garden, dry climate or lots of rain? Then there are tornadoes, hurricanes, monsoons and droughts. Aha! The plot thickens.
  6. Safe – The crime rate will be listed in good reports about retirement spots. The kind of crimes, what parts of the country, which cities and the safest places to live. Make careful notes.


Beaches Books History  Sunshine  Bicycles

This is the time to explore, visit some spots, ideally during different seasons, and soak up the flavor of everyday life.

Ask locals about health care and crime. Imagine settling down, seeing the sites and enjoying the amenities. Everyday life is different from a vacation, although it may take a while to realize it.

Do you need a car? How does everyone get around? How much living space do you need?

Picture yourself in various parts of the environment, downtown, off the beaten path, or in a beach house. Now imagine going grocery shopping.

The best retirement spot for you is where you can finally say, “This feels like home”. Whether you’ve chosen a place near or far, you can always change your mind. If you have a side hustle you can do anywhere, just pick up and go.

Remember to do your homework first. Hit the latest reviews on retirement spots around the world.