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I am a real estate agent specialising in renting and selling luxury units in the Greater Boston area. This is a great job and no two days are the same.

Boston Luxury Apartments 77
5 Top Things Baby Boomers Must Do Before Starting a Home Based Business
Posted by nick_niesen on October 28th Tobin Heath USA Jersey , 2010

5 Top Things Baby Boomers Must Do Before Starting a Home Business

Don't quit your day job just yet.If you are a baby boomer looking to start a home business, there are 5 essentials things you must do first.

Leaving the security of a job with an established 401(k) plan, health insurance or other benefits can create a real tug of war for baby boomers who want to pursue their dreams of owning their own business.


Analyze Your Exit Strategy

At the time of this writing, the youngest of the baby boomers are turning 42 and the oldest are turning 60. No matter where you fall into this group, analyzing and preparing your exit strategy from your job will be crucial to your long-term success as a home business entrepreneur. Do you have adequate savings? If you're married Sydney Leroux USA Jersey , will you be able to participate in your spouse's health insurance?


Create a Financial Plan

How much is your salary now? What are your fixed, variable and frivilous expenses? Creating a solid plan so that you and your family will know exactly what the financial picture will be until your business gets off the ground and starts generating revenue.


Choosing a Business Model and Legal Entity

There are several business models to choose from; home party plans, consulting, and affiliate marketing to name a few. You have to make the decision based on your personality and what you are best-suited for. Choosing a legal entity for your business should be discussed with a tax accountant or your attorney. Options are sole proprietor, LLC or Subchapter S- Corp.


Set Business Benchmarks

You wouldn't travel across the country without a road map Sam Mewis USA Jersey , your business is the same. Setting financial and business-building benchmarks will help you to create a focused plan that will help you to reach your success.


Get a Physical

What does getting a physical have to do with your business? Once you leave your job, most likely your health insurance will change and as unfair as it may be, trying to get new health insurance when in your 40's, 50's or 60's can be difficult. While pursuing your dreams of a home business. Cheap Jerseys Cheap Jerseys Free Shipping Cheap Wholesale Jerseys Cheap Sports Jerseys Cheap NFL Jerseys Cheap Authentic NFL Jerseys Cheap NFL Jerseys Free Shipping Cheap NFL Jerseys From China Cheap Soccer Jerseys China Cheap Hockey Jerseys