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Age is just a number when starting a new business in Brisbane. There are a lot of opportunities in different industries. If you are passionate, dedicated and ready to take up the challenge, commencing a business at 40 will be your life’s best decision.
There is no denying that the Australian government is working towards creating a comfortable environment for older workers. According to the stats, 28.3% of respondents were classified as ‘older workers’ aged between 61 and 65. This means older people have the potential and years of experience to run a business of their choice if they are correctly guided.
If you don’t have enough funds to commence a company from scratch, look for potential businesses for sale in North Lakes. It is one of the most developed suburbs offering great amenities, vibrant commercial market and various entertainment hubs. The best part is that entrepreneurs who have started a business at the age of 40 are more successful than young ones.
Here are some great tips to help you start a business at the age of or after 40:
1. Know Your Strengths & Weaknesses
If you have decided to kick start a new venture in your 40s, prepare your mind and discover yourself. Take a piece of paper and jot down your strengths and weaknesses. Are you comfortable enough to start up your own company? Do you have leadership qualities? Have you ever thought of becoming an entrepreneur? All these questions will help you find what you want in your life’s second innings.
2. Create a Solid Business Plan
A good business plan is like a roadmap towards the success of your business. It includes your business goals, marketing strategies, financial projections, analysis, and more.
Creating a good plan can leave a good impression on investors regarding raising capital. You can also get a business loan quickly.
3. Gather The Best Team
Mid-age business owners believe in developing a team of professional, experienced and dedicated people who can work together for the business's success. That’s why most entrepreneurs who started in their 40s have easily achieved targeted business goals.
Hire the best legal advisors and accountants for your company. It is also good to hire digital marketers who can promote your business across different social media platforms for broader reach.
You can also buy a well-established franchise in Brisbane if you are not sure whether you can start anything from scratch or not. Have a look at a profitable franchise for sale in North Lakes, Brisbane, that you can opt for your future objectives:
Chipmunks Indoor Playground Franchise for Sale
This is Australia’s one of the leading indoor playgrounds for kids in Australia. It is a great opportunity to be a part of this fun business. The business operates over 20 kids' indoor play centres across Queensland, NSW and Victoria.
The asking price is $750,000 and you can leverage the following benefits:
·Proven business model
·Huge market growth
·Comprehensive training
·Franchise support team
·Good reputation in the market
·Tried and tested marketing strategies, etc
If you want to do something adventurous at the age of 40, click on the link below and know more about this business:
You can also leverage other business opportunities in North Lakes by click on the link shared below and create your own success story:
https://www.business2sell.com.au/businesses/qld/brisbane/north-lakes
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