Are you a baby boomer who is nearing retirement or has already retired?  Or are you still working, but realizing that your financial situation is not what you had hoped it would be at this point in your life?  There are many people in your same situation.

If you are in one of these situations, now is the time to consider starting a home based business.  You can start it part-time as you continue working, or if you are not working, you can work as many hours as you would like.  There are so many opportunities out there that are home based.    

There are some common obstacles when it comes to starting a home business, such as:

•    What could I do as a home business?

•    How can I know if I am getting involved with a legitimate company?

•    I have never owned a business before – can I do it?

•    Can I really make money at it?

•    I don't know much about the computer

•    How much time will it take?

Let's look at these concerns, one by one.

There are many things you can do as a home business.  You need to look at your own interests.  What do you enjoy?  What do you feel strongly about?  Is there a need you can fill in this area of interest?  Enlist the help of someone who is working in your field of interest.  Ask them lots of questions.  Find someone who is willing to mentor you as you get started.

How can I know if I am getting involved with a legitimate company?

There are many scams out there today.   You do need to be careful and thoroughly check into any opportunity you are considering.   However, many people shy away from the whole idea because of this, and that is not necessary.  There are many legitimate opportunities you can become a part of, or you can start a business on your own.  Again, talk with others who have experience in the home business field and take advantage of their knowledge.

I have never owned a business before – can I do it?

You know what?  I never owned a business before either, and I love what I am doing.  I was a stay at home mother, which I think gives you great entrepreneurial skills, but never owned a business.  It does take work and commitment, but the sense of purpose and usefulness is well worth it.  

Can I really make money at it?

Obviously, no one can guarantee if you will make money.  However, if you are serious about your business and stick with it, over time you should see a profit.  It is like starting any kind of business.  In the beginning, you will need to invest some money, and may not see an immediate return.  However, over time, as your business grows, you should see a good profit.

I don't know much about the computer.

I didn't either.  In fact, as my kids were growing up, I marveled at how much more they knew about the computer than I did.  I knew how to check and send emails, and that was about it.  It has been quite a learning experience for me, but I have really enjoyed it.  I think we should always be learning and keep challenging ourselves.  It keeps us young!  If you are patient with yourself, and expect there to be challenges and learning involved, you will do fine.

How much time will it take?

This is very flexible.  Of course, to have a business be successful, you need to be serious about it, and commit to spending time on it every day.  But when that time is and how much it is, is up to you.  That is one of the great things about having a home business.  You set your own hours.  If you are a morning person, work in the morning.  I tend to work throughout the day, taking many breaks to do other things I need to it.  I love the flexibility.

I encourage you to seriously consider starting a home based business.  Why put it off?

Laurie Neumann, owner of Baby Boomers at Home  is a Home Business Selection Advisor.  She does consultations to help you find the home business that is right for you.   Visit her site and schedule your appointment with her.

Laurie has also compiled a Home Business Resource Guide, with over eighty legitimate home based business opportunities and over fifty training resources.  Purchase your copy of Home Business Resource Guide