EasternOregonMarketplace.com FREE PUBLICATION Eastern Oregon Marketplace Powered by TUESDAY February 19, 2019 Postal Customer Local STANDARD PRE-SORT PERMIT #73 U.S. POSTAGE PAID PENDLETON, OR 97801 SeniorLiving Start a Business A n enticing option for seniors who are riding the retirement wave but could benefit from extra income is to become their own boss. The flexibility of working for yourself allows the time to partake in the activities you enjoy while still (hopefully) growing a savings account. Baby boomers are redefining the retirement market with their strong sense of entrepre- neurship. According to the American Association of Retired Persons, the number of entrepreneurs over age 50 has actually doubled since 2007. The manufacturing industry has the highest percentage of business owners aged 50 and older. If you have a great idea and the drive to start your own business, here are some tips to consider. DEVELOP A BUSINESS PLAN To succeed, your business must be based on something you are passionate about. But don’t rush into a business without a solid plan in place. Consult with experts in the field you’re interested in and also talk to an attorney about establishing a new business. Also look for local resources like business incubators and mentors. Seek conferences and trade associations in your area. FIGURE OUT THE FINANCES Consider the location your company will need to thrive. Is the product something you can offer from a home office or will a brick-and-mortar loca- tion be required? The amount of financial help you need will largely depend on your vision © ADOBE STOCK for the business. If you require assistance, don’t be afraid to reach out to investors for help. But be wary of the percentage of your busi- ness they own as your opinion may not be valued as highly as someone with a larger piece of the pie. business owners a new way to reach the masses affordably and at the click of a button. Embrace learning the ins and DON’T FEAR TECHNOLOGY outs of advertising on social Modern technology grants media, using networking to r u o Y g n i s s i M e? c a l p t e k r a M Save! d n a n Go Gree arketplace green box Look for the M HAPPY DAY Th e Marketplace is now available everywhere you go. Money-saving coupons, local discounts and community classifi ed–you’ll save time and money when you go green! your advantage, and reaching out to members in your com- munity for a referral or recom- mendation of your product. Look for classes at your local community college or library. Get your FREE Marketplace at these locations: Pendleton Hermiston Boardman KOA- Mountain View RV Park Tum-a-lum Lumber Speed Wash Laundry Employment Department Premium Lube Hometown Cleaners Perfect Look Salvation Army Round-up Athletic Club St. Anthony Hospital St. Anthony Hospital Outpatient Les Schwab Pendleton Public Library Lifeways CAPECO Pendleton Tire Factory Mission Market Arrowhead Travel Plaza BMCC Business Offi ce Eagle Lodge East Oregonian offi ce O’Reilly Auto Parts Walmart Bottle Drop Chevron Gotta Stop Carniceria Julissa Rocket Mart Main Street Laundry Pheasant Bi-Mart Hermiston Herald offi ce Safeway Plaza between Safeway & Big Lots Safeway Plaza between Footwear & Great Clips Chuckwagon Fiesta Foods Aff ordable Family Eyewear Little Caesars Mall Smoke Shop Space Age Hometown Harvest Foods Umatilla TT’s Mini Mart Crossroads Truck Stop/ Café McNary Marke Columbia Harvest Foods Helix Helix Post Offi ce Athena Athena One Stop Mart Weston Weston Post Offi ce Milton-Freewater Milton-Freewater Post Offi ce Stanfi eld Center Mart More locations coming soon! Th e Marketplace; Save more do more! SEE WEEKLY ADVERTISING CIRCULARS INSIDE