At Safe Harbor Financial, many of our clients decide to go into business, to become entrepreneurs, after retiring from corporate life or at least after the last paycheck ends. This is one of several articles about entrepreneurship and what to consider when the end of a paycheck does not necessarily mean the end of your working life. [Read more…]
If you didn’t have to work — would you? Many of our clients at Safe Harbor Financial Services have dreams of entrepreneurship after retirement. Our role is to help them finance their retirement while also taking into consideration their business funding needs. With so many retirees considering starting a new business after retirement, here is some valuable information about how to finance one.
Every new venture needs capital to pay for initial start-up costs that range from materials, production and inventory to management software and marketing materials. According to a recent Federal Reserve survey, only 40 percent of small-business applicants are awarded the full amount of financing they request.1 [Read more…]
Plenty of people make a second career as a “solo-preneur” or business consultant. But what if you’ve always wanted to start your own business – one that requires staff? Traditionally, such an enterprise required substantial capital to pay for office space, furniture, equipment, supplies and salaries. But what if you could have all of that without the overhead expense? [Read more…]