Second act readiness checklist: Financial health questions to ask yourself before you start your entrepreneur journey

If you’ve been thinking about making the leap from a traditional career to starting your own business, you’re not alone.

The pandemic and subsequent “great resignation” have ushered in a wave of entrepreneurship with increases among every age group, according to the 2021 Kaufmann Indicators of Entrepreneurship report. The rate is highest among those aged 45 to 54.

If you’re among those making a career change, market research and financial fitness are keys to success in your second act.