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Eldercare
Reply to "Mid-50s too late to start a business? "
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[quote=Anonymous]Sorry to be the voice of reason. It depends on what the business is! How much savings does your family have? How much savings would be eaten up by this new venture? Do you have experience in this field? We live in a small town where we regularly see SAHM (and a few others) decide they are going to be business owners and open some cute shop or other (antique, craft, bakery, restaurant). They don't survive-- the owners don't have enough experience, spend too much, don't want to work the grueling hours required etc. I am a small business owner but I got experience in the field in my 20s and 30s and then started on my own. I know the field, am frugal and work hard. [/quote]
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