The trick to combining business with pleasure is to see the business potential in your hobby and find out how you can make money at it. That’s what George did when he left corporate America after 35 years. He had always loved photography, and people told him he was good at it. Hoping for some extra income to supplement his pension and Social Security, he started a photography business. (more…)

The current economy breeds fear of losing your job if you still have one, and if you lost your job, what kind of work will finally be able to find? Heaven help you if you are a baby boomer, retirement has probably been reduced by your employer. This is because now they have to save more in their 401k plan and a few of their income. (more…)

As a direct result of the sub-prime lending spree that has gripped the nation in the past years we are now seeing a great number of homes being foreclosed on and sold for amazingly low prices. This gives investors interested in investing in a property a great opportunity to get themselves a great investment for less than they might expect. (more…)

When you have a great new idea, there is a point where it is necessary to consider the pros and cons of licensing versus starting a small business of manufacturer, market, and send a new product. Both options are viable, but have different degrees of risk and benefit.

Licensing is fast, requires few resources, and relatively risk-free. (more…)