Small business Ideas for retirees

[Alexandoy]

I am a retiree and my plan for a business is a business-hobby. When I am able to buy land in the rural area I will develop part of it into a vegetable garden and small orchard. It is a hobby that I can also sell the harvest. There are other businesses that I can venture in because I have the capital but I am avoiding too much stress from the pressures of the business. I would rather enjoy my life in a garden business. Our home will be there so it will be very convenient for me to work in that garden that I planned.

 

[Nii41]

A retiree can set up a supermarket, it can be big or just a mini supermarket, depending on your budget. Employ sales girls to attend to customers coming into the shop. He/she can come to the shop from time to time to check on the business to see how it's going and also ensure that the employees are doing their jobs. A retiree is about 60 years old and after working for several years before retiring, does not need to venture into a business that will stress them at all. There are still other businesses they can consider, but in the end what matters is what they can easily do and their passion.

 

[Deleted member 27583]

There are several business for a retiree but it will be based on the person in question, the person will have to possess knowledge required to excel in any one he or she ventures into. But it should be a business that is not too demanding because most retirees are aged people, they might normt be able to cope with a physically demanding business. I will recommend a transport business, though getting a trustworthy person might not be easy but If they happen to get one then it Wil be great.

They can actually own or rent a shop close to their home,and sell things what people in there area needs most,for example like pour water,bread,sweet for the little one in the area to purchase from them,and they could also be selling a recharge card as well..
All they were do is to just sit in one corner or front of their shop and showcase their business for people to see,would they could come and patronize them...
I know that all this that I mentioned doesn't take more stress,once they can venture into that,they start making money till their creator call them back to his side...
I hope all I pointed out here will be treated on for our old retiree to do!!!

 

[greatguy1]

Retiring from active service is eminent, since working for the government has a limited time for active service. It is good then to save money for even a small business enterprise to still make money after retiring.

The following small business ideas are great;

Having a poultry farm can be a productive idea even going into fish farming wouldn't be a bad idea

Start buying and selling of goods like groceries which are items demanded daily

Trading online like going into dropshipping which might demand a little capital to begin

What other small business do you think a retiree can start after retirement?

I beg to differ. A retiree literally cannot handle drop shipping business as it is time-consuming and highly technical. a small-scale poultry business can be managed by retiree but not a large-scale one except he's going to have to employ professionals to run the business for him why is just a figurehead. A retiree should invest in low yield but interest guaranteed investments like bonds treasury bills and mutual funds. These less stressful and more healthy for the aged.

 

[Augusta]

You can do buying and selling of different products like cosmetics, jewellery, wallets, wedding accessories etc as these businesses are very in now a days. You can also take a house and give them to people for rent as it will give you monthly income. If the house have portions then give a single portion to one family and other portions to some other families as it will give you more income in monthly basis.

You so right about the rental business, this is one business that sells like hot cake now, people will always want to live in a house at a point or other.so there is no time there will be a vacant room without someone occuping it. If one can use his or her gratuity for just building a house like a low cost housing. Money will definitely roll in after a while. So it wouldn't even needs one doing much daily with this business

 

[Aqsa Shahid]

You can do buying and selling of different products like cosmetics, jewellery, wallets, wedding accessories etc as these businesses are very in now a days. You can also take a house and give them to people for rent as it will give you monthly income. If the house have portions then give a single portion to one family and other portions to some other families as it will give you more income in monthly basis.

 

[Sammyesx]

There are several business for a retiree but it will be based on the person in question, the person will have to possess knowledge required to excel in any one he or she ventures into. But it should be a business that is not too demanding because most retirees are aged people, they might normt be able to cope with a physically demanding business. I will recommend a transport business, though getting a trustworthy person might not be easy but If they happen to get one then it Wil be great.

 

[Maks25]

lot of people make the mistake you are suggesting. The easiest way to kill the elderly is to make him/her idle. Getting them engaged in soft businesses is a good way for them to exercise the body physically and mentally. They also get to socialise. Lack of activity is bad for anybody especially the elderly. I must add that giving one's parents money for upkeep (if you can afford it) in addition to whatever business they do is very important because it makes them happy in a special way!

 

[btaliat]

The businesses for the people who have retired or intending retiree depend always on their sex. If it is a man, there are several businesses he can venture into like point of sale business, selling building materials and even vocational works like tailoring or weaving. While for women depending on her passion. Some can go into catering or confectionery where they will be baking cake, buns and some other stuff. While they can also venture into business like trading or even vocational work like hairdressing.

 

[Olajidey]

For retirees that have a lot of money the idea, I would like to suggest for them is going into school business. I mean building a school learning house for people to learn and read and write. School business did not require energy just supervision and you can also employ people that will serve as your supervisor to supervise the school for you.
As a retiree, you don't have to engage in business that will stress you out and age people need not do stressful work as it is not good for there health.

 

[Augusta]

Retiring from active service is eminent, since working for the government has a limited time for active service. It is good then to save money for even a small business enterprise to still make money after retiring.

The following small business ideas are great;

Having a poultry farm can be a productive idea even going into fish farming wouldn't be a bad idea

Start buying and selling of goods like groceries which are items demanded daily

Trading online like going into dropshipping which might demand a little capital to begin

What other small business do you think a retiree can start after retirement?

 

[Abigael]

Since retirement mostly happens when people are old, I think retirees should engage in businesses that does not demand much of their energy. They can even go for investments such as real estate or build rental houses where they will earn passive income while relaxing at the comfort of their home. Online work and businesses are also great since they can just work at the comfort of their home. I have seen many retirees doing writing in paid to write sites and it fits them so well. They can even have their own blog that will earn them money while just at home.

 

[btaliat]

The kind of business that I will suggest will be determined by the sex of the retiree. If the person is a man, there are some business that he can venture in to make money. Among are transportation business, he can give the vehicle to some people to be managing it on his behalf. But if the person is a woman, I will suggest she goes into catering services, this is a lucrative business if well managed.

 

[Josemendez]

I think retirement comes during old age and thus the person do not really need any form of tedious job. The best job he can do are supervising job ,where he only have to monitor his sales employees ,and balance accounts in the end.

A little vegetable farm can also be suitable for such person .this is because the business is not stressful and it is always in demand .

 

[Augusta]

Your industry on agriculture and food/poultry/animal industryis very lucrative in rural areas. Growing, producing and selling is a steady way to generate money with time and economic resources. You will benefit your community greatly.

Yeah your point on growing crops that will benefit the immediate communities in the rural setting will be a good one since it would not only bring in money for the retiree it will also feed the people in this communities which is the most important thing. Again, it will help in the development of that economy like provision of adequate food and supply of necessary provision for the entire community. So it better a retiree looks around it I'mmediate environment and see what they are really lacking and try to invest in such areas

 

[LetsTalkOverCappuccino]

Yeah just like you mentioned up here, investing your money in agricultural practices either in plant plantations and animal husbandry would be rewarding. Most especially animal husbandry. I think some farming practices like cat fish rearing, poultry and pig rearing which are all rewarding would be a good idea for retired individual to invest in. Although with enough knowledge about the trading type, I also think buying and selling of goods ( trading) would be another good business investment for retirees.

Your industry on agriculture and food/poultry/animal industryis very lucrative in rural areas. Growing, producing and selling is a steady way to generate money with time and economic resources. You will benefit your community greatly.

 

[Kinglegend01]

Yeah just like you mentioned up here, investing your money in agricultural practices either in plant plantations and animal husbandry would be rewarding. Most especially animal husbandry. I think some farming practices like cat fish rearing, poultry and pig rearing which are all rewarding would be a good idea for retired individual to invest in. Although with enough knowledge about the trading type, I also think buying and selling of goods ( trading) would be another good business investment for retirees.

 

[LetsTalkOverCappuccino]

If you are good at building and carpentry, and you make furniture; a handyman in your own house doing renovations-- you can pursue this skill now that you have retired from you regular job.

Do some freelance photo-editing online, if your hobby is photography. Do Ubering or taxiing. Or build up an agency of company of domestic cleaning jobs for people you can employ.