by: Dick Stroud
Over 40% indicate the need to keep occupied was the reason why they intended to or have started their own business. Other reasons include fulfilling a life-long dream (29%), needing the money (26%), or just a general inclination between themselves and their partners to start their own business.
In terms of what line of work these Boomers are intending to or are involved in, (27%) indicate that they will become or are currently involved in consulting, while retail (13%), entertainment (4%) and hospitality (4%) make up the other main activities.
You will get a similar, if not more pronounced picture, from the US.