Why Franchises Are A Great Deal For Retirees

Posted on May 10, 2008
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“Old is gold” – the well-known proverb has found its perfect application in the franchising field! Why? Because, it has been observed that of late, a rising number of retired American people are starting their own franchising business and most of them have been quite successful in running them! In the HoneyBaked Ham & Café System, over one-third of franchisees fall under the 50-and-over category. But, have you ever guessed what makes these retirees, leaving all their relaxations behind, jump into the franchising arena? The reasons can be varied:

First, they have high energy levels.Retirees aren’t content to sit in rocking chairs and play bridge these days. They have that motivation and zest within them to prove themselves in professional arena. Secondly, they want to remain active all through their lives and control their destiny. Then there are, of course, the financial reasons. Moreover, looking at their vast experience, strong business sense and deep wisdom, many franchisors are choosing the retirees to run their franchised units! Keeping this retired population in mind, some of them even thinking of restructuring their business models and making them more “over 50-friendly”.

The way the retirees plan their business steps have been widely appreciated. Their interpersonal skills are also better than the younger lot. Above all, years of corporate experience have turned them into much confident individuals who are ready to meet challenges while operating their businesses. Having strong community ties is another factor that contributes towards the success of these people. After working for years at the whim of the employer, the retirees now get to enjoy utmost freedom in their job. Moreover, as they also love to spend precious time with their family members, various franchising concepts have introduced easy and flexible working hours for them. Making use of all these benefits, retirees too are enjoying their share of franchising glory!

Day Clocks - Keeping up with Retirement

Posted on April 18, 2006
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Someone has finally come up with a device that makes sense for those whose lives are no longer governed by the minutes and seconds, or even hour of the day. With schedules and deadlines having faded into the distant past, the only relevant piece of timekeeping data is determining what day it is.

This may sound odd to some, but anyone who has been retired or semi-retired, for any amount of time, will no doubt relate. It’s interesting how time sort of starts running together when the necessity of paying attention to it ceases to drive us. Actually most of us have experienced this to some degree on vacation or holidays. continue reading….

Simpler Living - Ditch the House

Posted on March 6, 2006
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Sound drastic? Maybe so, and admittedly it’s not for everyone. But for those who may be at the place where they’re open to considering a lifestyle change or ways to free up time to pursue other interests, read on. Most of us get to this point due to various life changes, but for others, being tied to a house & property is already beginning to provide less feeling of security and seems more of an anchor. Even if that’s the case but the time for an alternative isn’t right, use this information in planning for the future. continue reading….

Downsizing Sucessfully

Posted on February 16, 2006
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There are a myriad of reasons for downsizing and moving to a smaller place. It may be the kids are grown and space isn’t needed, or perhaps a financial setback has occurred. Or maybe it’s simply a choice of wanting more time to pursue other things besides keeping up with a large place. Whatever the reason, embrace the opportunity to start fresh.

The biggest mistake so many folks make is trying to bring along everything they’ve accumulated over the years and force-fit it into a space that may be half as large as what they had. The end result is accommodations that are cobbled together and cramped. continue reading….

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