A tough job market – and the low start-up costs for Internet-based businesses – is leading more seniors to form small businesses, according to the Associated Press.
One example is Crash Boom Bam, a company started by 64-year-old Jim Glay. The vintage drum company started in Glay’s spare bedroom in 2009. While it hasn’t made Glay a fortune, the company has kept him “afloat,” he told the Associated Press.
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