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Practice Management > Building Your Business

SBA aids boomer entrepreneurs with new site

By Staff Writer

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The U.S. Small Business Administration has launched a new site intended to assist baby boomer who wish to start a new small business.

“There are as many reasons for starting a small business as there are Americans reaching retirement age: corporate layoffs, the need to supplement income, a desire for a more flexible lifestyle, advanced technology that is leveling the playing field for small businesses, the chance to realize a personal ambition to be the boss and reap the rewards,” the SBA states on its Web site, www.sba.gov.

The site offers several resources, including links to partnerships and training resources, and advice on opening a small business.

“The SBA is working hard to increase opportunities for small businesses of the baby boomer generation at every stage of their business development through better technology tools and effective services through the agency’s district offices and resource partners,” SBA Acting Administrator Sandy K. Baruah said in a press release. “We believe 50-plus entrepreneurs will drive significant new business growth in the coming years.”

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