For those with the itch, starting a business over the age of 60 is entirely doable.
1. Consulting
Consulting is a favorite business activity among retired seniors.
2. Make and Sell Craft
Retirees often take up a hobby to fill the time and quickly find that it’s a great way to make extra money.
3. Dog Walking
Dog walking is the perfect small business idea for animal lovers. Pet ownership has increased over the past decade, and it’s expected to increase even more.
4. Grow and Sell Plant
Many gardeners make extra cash by selling their excess produce and flowers. It’s a great way to grow from hobbyist to entrepreneur.
5. Invest in Real Estate
Real estate investment is a capital-intensive business, but it can also be a steady source of cash flow.
6. Open a Franchise
Franchises have been popular with small business owners for a long time. There are good reasons for this.
7. Offer Move Management Service
According to these service providers, downsizing seniors and overwhelmed young families need help managing the details of the moving process, and they’re willing to pay for it.
8. Academic Tutoring
Tutoring is a great business for people that love children and teens.
9. Get Paid to Write
Writing is a paid activity that can be done well at any age.