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Retirees and Franchising

View the following selection of articles detailing key facts and tips on the franchise opportunities available to retirees and seniors. You will find information on finance, organizations set up to help retirees enter into franchising, and much more. Click on a link below for more information.

AARP Study Predicts Retirees Seeking Part-Time & Flexible Opportunities

December 22, 2014 / BLOG POST Market Trends and Stats About Franchising, Retirees and Franchising
People with the desire, or need, to work after traditional retirement age is becoming more common. Franchising allows many "retirees" the ability to continue working with a little more flexibility than other methods of employment. Read more.

Older Americans and Franchising

October 2, 2013 / BLOG POST Retirees and Franchising
Buying a franchise is not something you would think many people over 50 would choose to do. The required energy, money and a desire to get up every morning and make sure your business is running right does not seem appealing for someone probably towards the end of their work lifespan. However, more and more older Americans are showing an interest in becoming franchise owners. More seniors ar... Read more.

Baby Boomers Make For Perfect Franchisees

January 25, 2012 / BLOG POST Retirees and Franchising
One of the most successful managers in the history of British soccer is Alex Ferguson. The coach of Manchester United has won a staggering amount of trophies and titles during his 20+ years as manager of arguably the biggest soccer team in the world. Somehow, at ages 72, he manages to outwit rival coaches half his age while teaching the game to young men in their late teens. A few years ago, a jou... Read more.

Franchising As A Second Career

March 24, 2011 / BLOG POST Retirees and Franchising
Retirement does not mean the end of a life in business. For many people, actually, retirement means the beginning of a life in franchising.A recent article in the Wall-Street Journal’s Take Two column profiled the career of Stephen Gartner. After retiring from a corporate position in Petco, Gartner began to consider what he should be doing with his time. He had relocated to Tennessee but even golf... Read more.

Choosing The Right Senior Care Franchise

December 16, 2010 / BLOG POST Retirees and Franchising, General Franchising Industry News
Senior Care is regarded by many as one of the most likely growth sectors in franchising, as America's population is graying. It even made Entrepreneur magazine’s list of the Top 10 franchise categories for 2011.There are some complexities in the industry though, as senior franchises differ between medical care and non-medical care. It’s helpful to have a reliable source to go to when the time come... Read more.

Seniors Still Rule The Entrepreneurial Roost

January 14, 2010 / BLOG POST Retirees and Franchising
Further data has been released which indicates that senior citizens are actually more entrepreneurially-minded than young people. Scott Shane of Businessweek has crunched the numbers and analyzed the figures. This research builds on work for early in 2009 performed by Dane Stangler, for the Ewing Marion Kauffman Foundation, which states: "In every single year from 1996 to 2007, Americans between t... Read more.

How to Tap the Baby Boomer Market

October 28, 2009 / BLOG POST Retirees and Franchising, Information for Franchisees
No generation in American history is quite as celebrated as the Baby Boomers. They might not have changed the world like they promised in 1969, but by being the first generation to grow up with pop culture, it seemed like they would never get old. But, lo and behold, this year, Baby Boomers find themselves on the verge of the golden years. The question that many people exploring business opportuni... Read more.

The golden age of franchising

June 18, 2009 / BLOG POST Retirees and Franchising
What would you say is the ideal age to start a business? A so-called millennial who came of age in the era of the internet might say 19 or 20. Just look the multi-billion dollar success that young entrepreneurs have enjoyed with Youtube and Facebook.A more battle-hardened Gen X-er, who’s witnessed the rise and fall of the dot-com bubble might say 35 or 40. Ten or fifteen years of climbing the bus... Read more.

Franchising's golden years

February 9, 2009 / BLOG POST Retirees and Franchising
Last week, we offered advice to young graduates who were considered starting a career in franchising. At the same time, it’s interesting to see that, as the economy declines, baby boomers are also turning to franchising for career stability.This is an interesting trend that is not purely a by-product of the economic downturn. Franchising has a timeless appeal to middle-aged people who have a spent... Read more.

Financing Options for Retirees in Franchising

May 21, 2008 / FRANCHISE ARTICLE Retirees and Franchising
Prospective franchisees typically must borrow money to start up their new venture. Retirees with substantial IRAs or 401(k) savings can also use these funds to finance a franchise. Find out more here about ways retirees can finance a franchise. Read more.
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