Good time to start a business?

Re: Good time to start a business?

I don't think it's a very good time to start a "brick and mortar" business, but if you start an e-commerce business you may have more luck. I wouldn't be bothered with rent for a brick and mortar.

Re: Good time to start a business?

Hello,
With millions of businesses having less than 500 employees, a good chunk of the American population depend on these small businesses for their livelihood. That’s why the SBA (Small Business Administration) is offering funds to help those who have a good plan for starting a business now. They may be worth checking out; they may have some solutions for the budding entrepreneur.

Opening a business is an exhilarating and frightening experience. But think of the rewards; when everybody is hunkering down, you will be very well positioned to take advantage of the inevitable recovery. These ‘no-employee’ businesses are usually family affairs where everybody has a share of the pie, but a sizable portion is owned by independent professionals who work alone. Again, if you were contemplating opening your own business, now may be a good time to do it, especially if you’ve got the resources. Could you be rewarded for bucking the crowd.

Thank You
Lisa

Re: Good time to start a business?

I think this completely just depends on what type of business you want to start, time is never a botheration. Thanks nice share!

Re: Good time to start a business?

Hi,
When times are bad for the economy, it can be a great time to start a business. In fact, 16 of the 30 companies that make up the Dow industrial average were started during a recession or depression When times are good, customers are likely to stick with the suppliers they're used to even if they're a more expensive alternative. Now, however, customers are looking around for cheaper alternatives to get the products and services they need.

Re: Good time to start a business?

I think its a really good and suitable period to start the business by using most cost effective methods, getting skilled manpower at reasonable rates, and same goes for raw material, technology etc. For getting customers to pay, I believe people are looking for something which fits into their bill and gives then value for money, so that gives new business good reason to succeed. Also with low new entrants it will much easier to build a brand by increased attention of prospective customers.

Re: Good time to start a business?

Always good time to start your business is when your moneytory support is sound.
If u start a business then,u can go through it easily.

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