Planet Boomerville For Baby Boomers With Jim Enright

  If you have thought about starting a baby boomer business venture, small, medium, or large, this episode gives you the building blocks for a smart stressless start so that you avoid the “Oh Crap” moments.  Sylvia is the author of “Small Business Finance for the Busy Entrepreneur – Blueprint for Building a Solid, Profitable Business.” - What experiences triggered the book? (2:00)                 Story of couple that looked good on outside. Simple steps taken upfront that will protect business and retirement. (2:56) Mistake of not separating business and personal funds. (4:25) 2nd Big Mistake - no budget. Budgeting for the one time yearly expenses. (6:20) Often can be losing money on products and services. (9:15) Other business owners will share information with you. (10:35) Major Points in starting your business (11:40) Creating an LLC gives an extra layer of protection. (16:30) What to do for beginning venture- blogger, writer, artist. (17:40) Two important items to account for in your budgeting. (20:18)