BizSugar.com › Finance › Senior Entrepreneurs: Options for Financing Your New Business

Over 50 and thinking of starting a business? But with the average cost of starting a business hovering around the $30,000 mark, how can seniors finance their new ventures? Should you tap into your retirement savings, borrow against your 401k or apply for a loan?

Here are some considerations and options to bear in mind as you set about financing your new business venture.