Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Great Small Business Opportunities For Retirees

Written by: Candice Clem

Article Overview: Whether you owned small businesses your entire life, or have just always been interested, retirement can be a great time to start a new small business and a small business franchise combines all of the benefits of a small business, but provides newcomers to the small business world with a ready-made business plan and a slough of other support systems designed to help any entrepreneur (particularly the retiree).

Free Download - Hottest Small Business Opportunities For The Summer By Candice Clem
Name: Email:

Great Small Business Opportunities For Retirees

Retirement is not always an easy thing to adjust to, particularly for those who have worked hard at their jobs their whole lives. Many people have the strange idea that leaving the work force means retiring from life, resorting to sitting on the front porch and whittling until the end. But that doesn’t have to be your story if you don’t want it to. Among the numerous options available to the retiree with newfound time on his hands, starting a small business franchise is an excellent way to stay occupied, continue doing some good in the world, and make some money in the process. If the opportunity to operate your own franchise instead of whittling on your porch sounds attractive, here are a few business opportunities you should give some serious consideration to.

HomeTeam Inspection Service

The home inspection industry is in full bloom right now, making it the perfect opportunity for anyone interested in a new small business, even the retiree, and there is no better way to go than HomeTeam Inspection Service. With 300 franchises already in operation across the country, their system has more than proven its mettle in the industry, and for very good reason. What sets HomeTeam Inspection Service apart from the competition is the way that they do inspection. Instead of having one inspector scouring a home, they work in teams, covering more ground simultaneously and double-checking each other’s work. And since this is a work from home business, franchisees get to make their own schedule, accepting only those jobs that they wish to.

Cruise Planners LLC

The next best thing to going on vacation is planning incredible vacations for others, and, as luck would have it, that’s also one of the most profitable small businesses around. Riding high on the travel-industry wave, Cruise Planners LLC is one of the best companies among travel agencies, having been deemed the #1 franchise in their class by Entrepreneur Magazine for the last 5 years. In part, this success is due to a central staff dedicated to helping franchisees in any way possible, including the development of custom franchisee websites which help bring in clients in a specific area, clients that the franchisee never has to share with the central headquarters or other franchises.

Housewarmers

This business for sale is a rare opportunity to get out into the community and meet people while turning a profit. Franchisees create welcome bags for newcomers to their neighborhood, providing them with a variety of goods and coupons from nearby businesses, which is one of the best forms of advertising a company can get. The franchisee has the rare privilege of helping to acquaint people with their new surroundings, while simultaneously making money from the sales of this rare and novel advertising method.

All About Honeymoons

It is estimated that 99% of all newlyweds take a honeymoon, and for 96% of them, this means traveling to a fun or exotic destination. What’s more, this last year alone saw a 30% rise in destination weddings, marking the growing interest in that idea as well. The time is right to be in the business of honeymoon-planning and destination weddings, which is exactly what All About Honeymoons does. Franchisees with a background in business management, the ability to follow a proven system, and the desire to help people toward the best trips of their lives are precisely the kind of people that this quickly growing home based business is looking for.

Furniture Medic

This is the perfect business opportunity for the handy retiree. An owner/operator franchise business, Furniture Medic is the world’s largest and most appreciated name in the furniture repair and restoration industry. Franchisees are taught the ins and outs of repairing and cleaning damaged leather and wooden furniture, as well as leather car interiors, restoring them to their original beauty. Even if a potential franchisee has no experience with leather and woodworking, the franchisor can provide the necessary training to quickly get the franchisee into a very under-saturated market.

Real Property Management

One of the most recognizable names in the property management industry, Real Property Management provides franchisees with an entirely turnkey system, offering everything from a business model and manuals down to business cards and letterheads. The goal is to get franchisees into the market fast because, as it stands, 30% of today’s real estate sales are uninhabited by their buyers, and far too many of those are owned by people who don’t even live in the same region as the property. The time is perfect for property management success. And even as times change, this exceptional franchisor continues to chart the market and adapt their procedures, so franchisees will never be left in the cold with an out-of-date business plan.

These are some of the best businesses open to a driven retiree, but really, the business opportunities for someone in the retirement years are as plentiful and varied as they are for anyone else. What the decision really comes down to is the individual deciding exactly what he does or does not want to do. Successful business is the merging of one person’s passion and another person’s need, so find the public needs that you’re passionate about.

Related Articles
  Self Employed Opportunities for Retirees
  Home Based Business Ideas For Retirees
  Retirement put on hold: Option, start your own business
  Franchise Trends for 2011
  The history and myths of retirement

Home > Franchises > Candice Clem > Great Small Business Opportunities For Retirees
Article Tags: business franchise, business opportunities, central staff, cruise planners, entrepreneur magazine, franchisees, franchises, full bloom, good reason, home business, home inspection industry, mettle, profitable small businesses, sitting on the front porch, starting a small business, strange idea, time on his hands, travel agencies, travel industry, whittling



Related Forum Posts
My entry My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
These maybe the coldest franchises out there: These maybe the coldest franchises out there: - Here are the worst 15 performing franchises in regards to having the highest Small Business Administration (SBA) loan failure rates. The list is dotted with sub sandwich shops, fitness centers and car shops. WORST FRANCHISE LOAN FAILURES Failure % 1 OBEE'S SOUP SALAD SUBS 55.56% 2 LADY OF AMERICA 41.94% 3 COUNTRY CLUTTER (BED & BREAKFAST) 41.18% 4 COPY CLUB 36.36% 5 ALL TUNE AND LUBE 35.71% 6 PICKERMAN'S 35.71% 7 PHILLY CONNECTION 35.59% 8 ROLY POLY ROLLED SANDWICHES 34.78% 9 COTTMAN TRANSMISSION 34.48% 10 HAIR COLOR EXPRESS 33.33% 11 LEE MYLES AUTOMOTIVE TRANSMISSIONS 33.33% 12 GODFATHER'S PIZZA 33.33% 13 SMOOTHIE FACTORY 33.33% 14 BLIMPIE 31.39% 15 GOLF U.S.A. (RETAIL GOLF EQUIP.) 30.77% Source: Small Business Administration, SBA Loan Performance Within Franchise Code for the Period of FY 2001 - 2005
Exclusive: Interview with Results Exclusive: Interview with Results - Hi Forum Members, I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles). As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business. This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business. I am looking to interview about 30 businesses across North America over the span of 3 months. At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews. I would like to extend this opportunity to members of the Forum. If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM. Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.
Re: Biz Plan Competition Re: Biz Plan Competition - i just wanted to say that posting Small Business Events on CanadaOne is a great resource. Thanks Julie!
New Small Business Topic New Small Business Topic - Hello everyone, I'm on the lookout for new topics to add to my site. We just launched a Franchising section and are planning Human Resources section. Do you have any thoughts for a new section? Here's a list of what we currently have: Angel Investors Branding Bank Loans Business Coaching Business Plan Franchises (New) Insurance Legal Marketing Public Relations Sales Small Biz Loans Venture Capital


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Download a template or see a lawyer?

How to Set Sales Goals that Work

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.