Resulting from a project designed to demonstrate that entrepreneurship can be a realistic choice for persons aged 55 years and older, this instructor handbook offers assistance in preparing and teaching courses for older adults on starting a small business. Introductory remarks provide background on the project and explain the use of the guide. The next section explores some of the financial and emotional concerns of older adults, and offers suggestions for teaching this group of students. Next, information is presented on the companion course guide for students and guidance is provided on the use of handouts as teaching tools; means of maintaining student interest; the use of guest speakers, films, and overhead transparencies; ways to offer students additional help; and the use of tests, quizzes, and other evaluation methods. A final section offers suggestions for making presentations by outside resource people more effective classroom experiences, considering steps such as determining behavioral objectives, drawing up a contract with the outside resource person, and providing needed information for the guest speaker. (LAL)