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Business Advisors Washington DC

Local resource for business advisors in Washington, DC. Includes detailed information on local businesses that provide access to business advisors, financial planners, accountants, and financial advisors, as well as advice and content on investment advisors, insurance advisors, senior wealth management, and business.

Local Companies

DC SBDC at the Howard University School of Business GADGET Center
(202) 319 1393

2800 Georgia Ave., NW
Washington, DC

District of Columbia SBDC
202-806-1550

2600 6th Street, N.W., Room 128
Washington, DC

DC SBDC at The University of the District of Columbia (UDC)
(202) 274-7030

4340 Connecticut Ave, NW 5th Floor
Washington, DC

Alexandria SBDC
703-778-1292

801 North Fairfax Street Suite 402
Alexandria, VA

Maryland SBDC
301-403-8300 ext. 15

7100 Baltimore Avenue Suite 401
College Park, MD

DC SBDC at the DC Chamber of Commerce
202-624-0610

1213 K Street, NW
Washington, DC

DC SBDC at the Anacostia Economic Development Corporation (AEDC)
202-889-5090

2021 M.L.K. Ave, SE
Washington, DC

DC SBDC at the DC Chamber of Commerce Business Resource Center
202-545-0220

7059 Blair Road, NW
Washington, DC

Capital Region SBDC
301-403-0501

7100 Baltimore Ave., Suite 400
College Park, MD

SBDC at CBP
703-768-1440

7001 Loisdale Road, Suite C
Springfield, VA

Considerations to a Home Based Business

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Just because you’re one of the retiring baby boomers, does not necessarily mean you have to give up working altogether. Statistics reveal that more than 20 percent of American individuals who are over 50 are self-employed. Retirement and starting a business is not new, but is taking on a bigger dimension. Many of the boomers decide to start a home based business. Not only to extend retirement pay, but to them fill time, fulfill a renewed sense of purpose. We’re going to discuss some of the points to consider if you’re planning on starting a business. Think of this as Retirement Inc.

Flexible Schedule

If you run your own small business, you can set your own hours. You choose exactly how many hours per day or week you wish to work. This is even more important as you grow older; you may not have the physical stamina to work very long hours, and you may wish to spend more time relaxing with friends and family. Flexibility is key to the senior new to retirement.

Financial Risk

Many retirees have less disposable income. Therefore, starting a home business may not be the best idea. Clearly evaluate the financial risk involved. You do not want to put yourself into financial risk at this point in your life. A home based business can be better than other jobs in retirement.

Personal Interests & Talents

If you decide to start a home business after you retire, you should reflect on your personal talents, as well as your interests. What genuinely motivates you? Do you have a passion for a particular industry, hobby or sport? Answering questions such as these will help you find the right business to start. As a crafty adult, homemade items may be fun to sell. In retirement, teachers may want to start a business as a tutor. Be creative as you look at your talents.

Time Commitment

Running any type of home business will requi...

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