Wise Now Helps Baby Boomer Business Owners Change the Face of Entrepreneurship

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According to the Small Business Administration, entrepreneurs over age 50 are one of the fastest growing groups of new business owners. One leading business plan company is paving the way by helping experienced, savvy career-builders create their own successful companies.

Business Venture

Start-up Business

Sometimes just having someone to help you recognize things you may have overlooked in the process can be invaluable.

"The face of the work force is changing as Baby Boomers refuse to be sidelined," said Joseph Ferriolo, director of Wise Business Plans, which provides individualized, custom-designed business plans for start-ups and expanding companies. "People are not only working longer, they're enjoying it."

For many, the long-term dream is no longer early retirement but a chance to be their own bosses and nurture a personal business vision after years spent supporting someone else's work.

But, as with any business venture, starting a company in mid-life has its challenges.

"It's harder to risk a lifestyle you've worked years to establish," Ferriolo said. "And with the recent economic downturn, many grandparents have more than themselves to consider -- they are, in many cases, helping support other family members. It becomes more important than ever to have a strong plan in place for success."

Wise thrives on supporting new and expanding business owners of every experience level, he said, helping clients as much -- or as little -- as required.

"Entrepreneurs who have built a career often feel like they should already know everything about starting a business, but that's simply not the case," Ferriolo said. "Sometimes just having someone to help you recognize things you may have overlooked in the process can be invaluable."

And each Wise plan is fully customized, reflecting the personality of the business and its owner, he said.

"You've spent years building your skill level and business acumen at someone else's company, and now it's your chance to create a business that reflects your interests and values. Your business will be unique and carefully crafted -- your business plan should be, too."

Wise Business Plans (http://www.wisebusinessplans.com), staffed with professional MBA writers, researchers and financial experts, is a trusted partner for businesses across a broad spectrum of products and services. Our mission is to empower our clients to make the best possible business decisions, boost company performance and facilitate their funding success by laying the groundwork for strong businesses that excite, inspire and retain talented and exceptional employees.

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