The transition from full-time work to retirement can often be overwhelming. For some, it’s the prospect of leaving the career world; and for others, it’s fears about no longer receiving a regular income. This life transition can often instil feelings of anxiety – but it certainly doesn’t have to be this way.
Retirement, of course, comes with the absence of a full-time job. It doesn’t mean, though, that you have to stop working or earning money. This time of life can often present the ideal opportunity for entrepreneurialism. Having gained a lifetime’s supply of skills and experience, you can combine this with your passion for a particular interest/hobby to create your own small business.
So, what exactly are the benefits of starting up your own small business?