Resources for Encore (50+) Entrepreneurs

The author offers an unusual approach to reducing the risk of starting a new business. The author analyzes his experience with a client and proposes a straightforward approach to building a company's financial model from start to finish.The author describes step-by-step the process how to validate the data while also demonstrating the reasons of why clients might face a problem of adapting SCORE spreadsheets to produce a reliable financial forecast.

Norm Beckert emphasizes the role of the employees in the high customer satisfaction. The author's recommendation is to treat the team members - he calls them Team Players - as partners by giving them key leadership roles and to reward them by using Profit Sharing Program.

These side hustles are perfect for encore entrepreneurs, entrepreneurs over age 50, who want to flex their entrepreneurial muscles or diversify their income.

Let's explore the driving factors—generational changes, more women / minorities, veterans becoming entrepreneurs—and what they mean for the future of business. Read more

54% of America's small business owners are over 50, using sizable professional networks, experience and financial assets to start and grow their businesses.

There may not be any such thing as a ‘typical’ encore entrepreneur, but there are some characteristics they share.

Encore entrepreneurs start businesses for the first time as they near retirement age. Learn new tips to start on a new path.

Gidgette and Ken Moshier decided to draw on their love for traveling and tea, as well as their small business backgrounds, to open the English Garden Tea Room.

If you’re thinking about becoming an entrepreneur as a second act, this measured, level-headed approach is worth noting no matter what type of business you may want to start.

This year’s SCORE honorees and their mentors have diverse business interests and experience, and together, they exemplify the spirit of small business.