April 20, 2024

5 Business ideas for retired person



Published May 17, 2023, 2:20 a.m. by Naomi Charles


Retirement doesn't have to mean the end of your working life. Here are five business ideas for retired people that can help you stay active and earn some extra income.

1. Start a pet sitting business

If you love animals, starting a pet sitting business is a great way to stay active in retirement. You can offer your services to pet owners in your community who need someone to look after their pets while they're away.

2. Start a home-based business

There are many businesses you can start from home with little or no investment. For example, you could start a home-based business providing bookkeeping or administrative services to small businesses.

3. Start a garden center

If you have a green thumb, you could start a garden center specializing in plants that are native to your area. This is a great business idea for retirees who enjoy spending time outdoors.

4. Start a home-based e-commerce business

With the popularity of online shopping, starting a home-based e-commerce business is a great way to tap into this growing market. You can sell products online through an e-commerce platform such as Shopify or Etsy.

5. Start a consulting business

If you have years of experience in a particular industry, you could start a consulting business offering your services to businesses in that industry. This is a great way to use your expertise to earn income in retirement.

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[Music]

while many people look forward to the

lazy days of retirement many retirees

aren't ready to stop working or they

have financial issues that require them

to continue to work getting another job

is an option but starting a home

business allows for greater flexibility

and freedom that retirees have earned

after a long career here are 5 home

business ideas that allow retirees to

capitalize on what they know or love to

do to make a part-time or even full-time

living from home or wherever they happen

to be coaching or consulting just

because you are retired doesn't mean

your knowledge and skills are gone to

starting a home-based coaching or

consulting business allows you to profit

from your work knowledge and experience

coaching and consulting can be done

completely from home using tools such as

online conferencing in Skype or you can

manage the business site from home and

visit your coaching / consulting clients

at their location or a local job at

joint coaching can be done with private

individuals such as life coaching or

professionals such as developing success

strategies or interview skills

consulting is usually done for

businesses such as improving sales or

productivity of a team getting started

can be as easy as contacting a former

employer and offering to help you can

also use your network to find referrals

vlogging people go online for

information and entertainment if you can

provide what they're looking for through

a blog you can make money through a

variety of monetization options such as

affiliate marketing if you have great

information or entertaining stories

people will read what you post did you

retire sell your home and via boat to

follow the Sun people would enjoy

reading about your exploits are you a

retired accountant people would be

interested in hearing your tips on

managing money and dealing with taxes

are you foodie you can share your

enjoyment in knowledge through food

blogs the number of possible blog topics

is endless maybe you enjoy writing but

don't want the hassle of starting and

marketing a blog many bloggers and

online media sources pay for articles

you start the freelance writing business

or finding writing markets and jobs in a

variety of places including freelance

job sites writing resources and social

media

[Applause]

[Music]

is based business nearly any skill you

have can be turned into a home business

selling those skills through a service

based home business is one of the

fastest and least expensive ways to

start making money at home any tasks

that other individuals or businesses

will pay to have done can be turned into

a business including virtual support

bookkeeping writing landscaping handyman

pet care and more similar to coaching or

consulting you can contact your former

employer to offer your services

call me into a business maybe you're

tired of the tasks you did at your job

and don't want to turn it into a

business

luckily home businesses can be developed

from hobbies as well

do you enjoy gardening start a gardening

business or create how to garden

information products ie ebooks video

tutorials and sell them

do you enjoy baking start a home-based

cookie business do you like to take

photographs start a home-based

photography business or sell your

pictures online nearly any hobby can be

turned into a potential business does

your hobby create a product or service

you can sell or maybe you can teach

others how to do the hobby either

through live courses online or off or

through an information product such as a

book or email course eBay or Amazon or

et se after years of working and raising

a family you probably have a lot of

stuff around the house you can profit

from you're used in unwanted items by

selling them on eBay or Craigslist if

you find items that sell well you can

find sources of them at flea markets

garage sales and thrift shops to start

your own eBay store or Amazon also

offers the ability to sell used items it

even offers a service fulfillment by

Amazon whereby you can ship all your

listed items to Amazon and it will take

care of shipping them to your customers

if you enjoy making homemade goods and

crafts you can sell your items on ET se

as well as at local flea or farmers

markets trade shows and bazaars you can

also sell vintage items over 20 years

old on ET se you don't need to be idle

during retirement you can take your life

and job experiences and turn them into a

source of income and because you are the

boss you can set the price in the room

[Music]

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