Retirement can be an exciting chapter—a chance to embrace freedom, travel, and finally check off that bucket list. For many, it’s a time to relax and let go of stress. But for others, like former President Trump once said, “to retire is to expire.” If you’re not ready to slow down completely, diving into a side hustle or buying an established business could be the perfect way to stay active and engaged.
The key is to choose a business that’s simple to run and fits your lifestyle. ATM and vending machine routes are excellent for generating passive income—you maintain them, and they do the work. Delivery routes, like bread or potato chips, offer consistent earnings thanks to loyal customers and trusted brands. For something more personal, pet care is a thriving industry for animal lovers, and photography allows creative spirits to transform passion into profit. Whether it’s a flexible route business or a hands-on service, these ventures offer independence, steady income, and the perfect mix of work and play in retirement.
Seller financing, also known as owner financing, is a creative way to buy a business where the seller acts as the bank. Instead of getting a traditional loan from a financial institution, the buyer makes payments directly to the seller over time. Think of it like this: instead of paying the full price upfront, you agree on a p
...Read MoreIf you’re exploring the idea of buying a business, you’ll likely come across the term EBITA. It sounds like financial jargon, but it’s actually a straightforward concept that can help you understand a company’s financial health. EBITDA stands for Earnings Before
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So, you’re thinking about buying a business. Exciting, right? But before you sign on the dotted line, there’s something you need to know about: business sale contingencies. These are the “what if” clauses in a purchase agreement that protect you,
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