Page 1

IT'S NEVER TOO LATE

TO START A SMALL BUSINESS Jeff Ber


ENTREPRENEURSHIP IS NOT LIMITED TO YOUNG PEOPLE. In 2012, almost 25% of companies formed were led by entrepreneurs aged 55 and older. Moreover, the likelihood of individuals over 55 years of age to launch a high-growth startup is double compared to 35-year-olds.


EXPERIENCE - You have much more experience than that of a 22-year-old fresh out of college. - You have the knowledge to pull from and utilize in a new setting. - You are more likely to have a thorough understanding of the importance of creating a business plan, a financial plan, and doing your research on the market. - You are also probably a bit more patient when it comes to conducting each step in the startup process.


FINANCIAL SECURITY - You are more likely to have paid off a significant portion of the living expenses you started with when you were younger. - You have a bit more flexibility the older you get since you have less financial responsibility. - It can also be more appealing to start a business at this time since there is less risk involved.


MORE OPTIONS When you are first entering the workforce, you are much more limited with your options due to lack of experience, a smaller network, and limited capital. As a more seasoned and financially secure professional, you have more options available to you on the entrepreneurial path. You can: - Build your business from the ground up - Franchise - Form partnerships with fellow entrepreneurs and split the workload, costs, and profits - Become an investor yourself


THANK YOU! www.JeffBer.ca

Profile for Jeff Ber

It's Never Too Late To Start A Small Business  

Regardless of your age, it's not too late to start a small business. Jeff Ber details a few reasons why it can be more beneficial to start a...

It's Never Too Late To Start A Small Business  

Regardless of your age, it's not too late to start a small business. Jeff Ber details a few reasons why it can be more beneficial to start a...

Advertisement