Page 7 - The Notice Board July 2020 edition 60 FINAL.cdr

October 1 - 31, 2007
Page 10
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Businesses You Can Start for Less than 3,000 Cedis
7. Handyman – most
families don't have a clue
with regards to repairs
round the house or have
little time for them. If you
have the skills and a few
tools, working as a
handyman will provide you
with a business that will
keep growing.
8. L a n d s c a p i n g – you know if you have what it
although this is a seasonal takes to launch and succeed in a
job, for many people it can new business:
be a year-round venture. If 1.
you like cutting and
trimming lawns and bushes,
raking leaves and working
outdoors, starting a
landscaping business is
something you should
consider.
9. Website Designer – if
you like working on the
computer and have no
p r o b l e m d e s i g n i n g
Websites, then get busy
NOW and launch this
venture. There seems to be
an endless supply of clients
who need new Websites.
10. Party and Event
Planner – are you good at
organizing parties and
events? If so, this business
might be worth pursuing.
The party business has
grown into a billion dollar
industry, and people
everywhere are looking for
help to create “the perfect
party and event!
Before You Leap
Whether you plan to choose
one of these 10 business ideas business's development is
or a business idea of your own,
take this little quiz before you
proceed. Your answers will let
Do you believe that your world-changing business
business will succeed?
2. Are you prepared to do
whatever is necessary to make
your business a success?
3. Are you willing to work
for little or no salary during
your start-up phase?
4. Do you know who your
competition will be?
5. Do you have a sales and o p p o r t u n i t i e s
marketing plan in place?
Unless you answered “yes” to all
of the above questions, you
might not be ready to hang out
your shingle just yet. Take some help with things like the
time, do some research and then
when you are confident you are
ready to launch, then go for it!
Frequently Asked
Questions on
Entrepreneurship
equity, and choosing the
right funding strategy for
each stage of your
a critical skill for aspiring
entrepreneurs.
October 1 - 31, 2007
September, 2010 September, 2010 Page 7
October, 2008
Contd from pg 15 Best Businesses for Retirees to Start
C a n y o u l e a r n
might not be suitable for you. are uniquely suited to start
entrepreneurship skills
A d d i t i o n a l l y , o l d e r tutoring businesses. With
online? entrepreneurs should consider c o m p e t i t i o n b e c o m i n g
Yes, there are online how much time will be required increasingly fierce at top
for a particular venture. When colleges, a growing number of
courses available to help selecting a business to operate, parents are paying big bucks for
you develop the skills be cognizant of the number of private tutoring. Seniors can
you need at every stage hours you want to spend capitalize on this trend by
o f y o u r working versus spending time offering subject matter tutoring,
e n t r e p r e n e u r s h i p with grandchildren, on leisure SAT prep, college essay writing
activities, or traveling the world. support, and more. As a bonus,
journey. If you're In addition to considering your you can set your own rates and
trying to refine your finances and health, before you hours and tutor only as many
settle on a business to start students as you desire.
idea, courses can help consider how big a business Writing and Editing
you'll want to start. Although I f y o u h a v e g o o d
y o u g e t i n t h e
some seniors might be interested communications skills, you
e n t r e p r e n e u r i a l in starting a business with may be able to make extra cash
mindset, generating the employees and office space, if
i n s p i r a t i o n a n d any retirees are you're retired or near retirement
turning to business a lifestyle business may be more
creativity you need to Mownership as a way to
to your liking. A lifestyle helping businesses -especially
think outside the box stay busy and active as well as
business is one that provides small businesses – with their
and identify new supplement their retirement enough income and free time to c o m m u n i c a t i o n s n e e d s .
f o r income. let you enjoy a desired type of Businesses may need copy for
innovation. Once you've When it comes to working in living. Is a senior with social the company website or blog,
got your vision, more retirement, it's worth noting that security, pension, and savings, publicity releases, sales
not all businesses are created that might mean just working materials or manuals written or
practical courses can equal. Some industries require part time in a business that proofread.
higher startup costs in the form evolves around your personal Online Courses
of supplies, staff, and rent on skills or hobbies.
process of launching your brick-and-mortar shops. If The online learning/training
startup, business modeling and you're a senior thinking about Here are some of the best market is expected to exceed
retirement business ideas:
planning, lean startup how to start a business, consider Taxes and Bookkeeping $200 billion by 2024. If you have
your financial limitations. In Many entrepreneurs need a little a skill that other people would
principles, and change particular, retirees should be help managing the books. If pay to learn and you're good at
management. And when wary of taking on debt during your day job involved explaining things, you could tap
you're ready to bring in their golden years or depleting accounting or tax prep, then you into that market by turning what
outside investors, online their retirement savings to start might want to consider you know into one or more
a business. providing financial consulting courses to teach online.
courses can help with Your health is another thing to services in retirement. Not only
startup valuation and consider. In deciding on a can you start this small business You can sell your courses
financing strategy. business to start, honestly with little to no capital, but you through online marketplaces
such as Udemy, or through your
evaluate your physical ability to can perform your services from
own website or other platforms
do the work. For instance, a home or anywhere else with a
business that would require you Wi-Fi connection. for course delivery. Once the
to stand for long periods of time Tutoring courses are created you primary
time investment will be
or do a lot of bending or lifting, Retired teachers and librarians Continue on pg 8