Alert
Close

   

Enter the Family Fun Travel Sweepstakes. No purchase necessary. See official rules

Highlights

Open

Work & Small Business
webinars

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

Learn why it is important to have a small business plan. Register

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.

Starting a Business Over 50

Here are 5 franchises that may be a good fit for older workers

A stack of books against an orange background.

Define your work and financial goals: Pick up Great Jobs for Everyone 50+ today!

1. Floor covering

Floor Coverings International

  • Service: provides floor coverings for homes
  • Founded: 1988
  • Number of franchises: more than 80
  • Headquarters: Smyrna, Ga.
  • Investment costs: $160,000 to $250,000
  • Fit for 50-plus? The business can be run from your home or the store. No 3 a.m. phone calls for service.
  • But: It's not recession-proof and requires energetic marketing for customers.


Spotlight: Cindy, 53, and John Henson, 52, Ocean Isle Beach, N.C.

Cindy and John first talked about owning a business decades ago, when they were dating. In 2005 they made good on that dream. They moved from New Jersey to their favorite vacation spot, Ocean Isle Beach, and opened Floor Coverings International locations in two counties. Cindy has kept her job at an education company, working the franchise part-time. John carries the bulk of the day-to-day responsibilities.

"It's been fantastic for us," says Cindy, even though they're a long way from achieving their goal of being more or less absentee owners and seeing some financial returns.

"I've always wanted to be on my own," says John, "and yet at the same time, there are 90 other franchise owners who I can bounce ideas off of, and that's been nice, too."

Her advice: Set a dollar amount that you're willing to invest and never exceed it.

A good fit and less stress: tax services >>

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Advertisement

Jobs You Might Like

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

UPS Store membership discount aarp benefits

Members save 15% on eligible products/services, 5% on UPS shipping at The UPS Store®.

membership adt

Small business owners save 20% on new installation of any new ADT security system.

Man using cell phone outdoors

Members save on monthly service & usage fees and get free activation with Consumer Cellular.

Member Benefits

Renew today! Members receive exclusive member benefits & affect social change.

Advertisement

Advance your skills. Transform your career.

Explore your learning possibilities.