Wednesday, May 05, 2010

Why a Recession is the Perfect Time to Start a Business

Why a Recession is the Perfect Time to Start a Business: "Recessions are frequently associated with bankruptcy, layoffs and business failures. For seemingly the entire duration, we are fed a steady diet of recession-related negativity by politicians and journalists. Unemployment soars, despair builds, and it seems like the worst is always yet to come. It might sound counter-intuitive, then, to suggest that a recession might be the perfect time to start a new business. But the idea makes more sense than many give it credit for."