Wow TriMom, that's a lot of change! You're entitled to be scared...

I'd offer a couple of thoughts:
  • consider the area around Bethel Maine (where SheFly also has a home). We were just there on vacation, and about 1/3 of the houses are for sale...all price ranges. It's got cycling, skiing, river sports, etc.
  • don't count on an administration change to have immediate affect on anything other than attitudes; it takes years for a new administration to impact the behavior of the Federal Reserve (through Fed governor appointments). Fiscal policy can have some more immediate effect, but I see slightly more downside there than upside in that(IMHO)
  • consider working capital in your start-up planning (I'm a banker)...lack of working capital is the primary cause of small business failure. While inventory meets the accouting definition of "working capital", cash is king during the start-up period.
  • if you have real "IRS problems", please consider the negative effect this can have on your creditworthiness if you expect to obtain any loans for the new business.


I encourage you to chase the dream and wish you the best.