Starting a New Business in a Bad Economy

Let’s Talk Business Starting a Business Starting a New Business in a Bad Economy

  • Post
    Alex T
    Participant
    I have said ordinarily that an ideal chance to begin another business is in a terrible economy. All things considered, presently is a terrible economy, which makes now an ideal time for beginning a business. Because of this it may be a great time to start a new business. When there is a break down in economy, that is the time when people need specific services most.

    What might function as another business in your general vicinity? What item or administration isn’t accessible or is accessible yet ineffectively done? In the event that you were beginning another business, what might it be?

    0
    0
Viewing 1 replies (of 1 total)
  • Replies
    Brandon Vue
    Participant
    I feel like this is a double edged sword. Yes there are always services that people need to help them during this tough time but it is really worth losing money in an already failing economy? Also if you do provide the services people need make sure you aren’t over pricing and using the people when they are most in need. A lot of big companies do that and it’s always hard on the little guy who will be your most loyal client.
    0
    0
Viewing 1 replies (of 1 total)
  • You must be logged in to reply to this topic.