Thursday, June 11, 2009

Why Now is the Best Time to Start a Business

Chances are, after reading the title of my blog, you think I am insane. That's okay. The numbers that we see printed everyday in the business section show that not only are we in a recession, but very few economic indicators have started to turn around and become positive. I would like to argue that the same numbers that make most people cringe are the reason why you should start your business right now. Unemployment is at 9.4% for the country and there are 5.4 individuals for every job posted. So why don't you change from being someone who is unemployed and applying for the same job as 4 and a half other people, and start your own business.

Starting Over — as an Entrepreneur (Wall Street Journal)

Laid Off in 2008 - Start a Business in 2009 (Entrepreneur) - Stories from three entrepreneurs who have started their own businesses during a recession.

How to Start a Business During the Recession (eHow.com)

Best Small Businesses to Start in a Recession (About.com)

1 comment:

Anonymous said...

Well, it is no problem to start your business. The challenge is to stay in business! Btw, you need some cash to operate your business at the beginning, but the credit is very tight.
Dave
http://www.flamingocredit.com