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Becoming Your Own Boss: How to Write a Winning Business Plan

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Resources

Use these Small Business Administration tools Use these Small Business Administration tools to help you at any stage of your business venture.

 

AARP PROGRAMS

AARP Participated in ‘Small Business Saturday’

AARP participated in Small Business Saturday on Nov. 29. View a blog about AARP’s role in that effort.  Read

In Search of a Second Act: The Challenges and Advantages of Senior Entrepreneurship

AARP testimony to the Senate Special Committee on Aging and Committee on Small Business and Entrepreneurship on the challenges and advantages of senior entrepreneurship

Employer Resource Center

Attract and retain top talent in a changing workforce.

A Business Case for Workers 50+

New research on the value of experienced workers.

Franchises Under the Magnifying Glass

How to choose the right company and get resources to run your own business

5 Red Flags to Watch For


En español

  1. You don't receive a Franchise Disclosure Document. Legally, you must receive an FDD detailing everything need to know at least 14 days before you sign a contract or pay the fees.

  2. The FDD doesn't fill you with confidence. Beware of franchises that have declared bankruptcy in the past, have experienced high turnover among franchise owners or have been sued a lot.

  3. You feel pressured. A franchisor who seems too eager for you to sign the papers may be desperate and involved in a losing proposition.

  4. The franchisor lacks experience. If a company began offering franchises a year after opening for business, let it experiment on someone else. It takes at least three years for businesses to prove themselves successful enough to be cloned.

  5. Other franchisees aren't enthusiastic. If current franchisees suggest you to run away as fast you can, thank them. And be wary if the corporate office suggests whom you should talk to; it may be steering you away from unhappy franchise owners.

Continue With Franchising Resources >>

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