Top Ten Reasons to Start a Business Now
Filed Under: Top Ten Lists
Tags: Business Tips, Entrepreneur, Recession, Risk, Startup, Vision
1. You will build your business on a foundation of frugality, which will benefit you in the long run. Knowing how to keep costs low is a great lesson to learn in the beginning.
2. Great talent is available in the job market.
3. Customers are looking for value. They want more for less and if your business or product provides this, you will succeed.
4. Contrary to popular belief, banks and venture capital firms are willing to lend money to great ideas. They want to transform the market place.
5. You will be poised and prepared to catch the upturn of the economic market when it starts to rise.
6. Your new employees will have great attitudes and less ego. They will be excited, focused, and appreciative to be a part of a budding business.
7. Being laid off can be a blessing in disguise because it allows you to spend your time and energy on building your own business.
8. Innovation will be built into the fabric of your company because you and your team will have to be inventive and creative to stand out.
9. Office space, vendors and suppliers are cheaper than ever.
10. You can get great press right now by showing that your company has an alternative view in the market place.
YES, it is a great time to start a new business.
Would you mind my mentioning mine?
http://www.dooncard.com
This is value and exclusivity in the market.
Howard, thanks for sharing your business, I would like to invite all of our readers to mention their business too!
Just joined this team on a great new art gallery concept:
http://www.thezibit.com
SHould have some screens up and running soon!
Those are great reasons to start a business. Did you know that BusinessWeek recently named Newark the best city to start a business?
http://images.businessweek.com/ss/09/03/0327_smallcity_startups/9.htm
They use ZoomProspector data to determine this list– here is the Newark profile page on ZoomProspector:
http://www.zoomprospector.com/CommunityDetail.aspx?id=6360&f=1
Great minds think alike, I featured this BusinessWeek article you link to on March 31st! http://blog.delawareinc.com/2009/03/startups-in-smaller-cities/. Thanks for sharing your input!
Great article.
Just started a small ecommerce business about 6 months ago. Not the biggest market but slowly climbing up the chart.
http://www.magicwhiz.com/
Those are all great reasons to start a business now. The economic climate is perfect for new, innovative ideas to come to market.
I started my business a few months ago. It is still a work in progress but it is meant to connect customers with their local businesses. Please check it out and use the contact form to let me know what you think. Also, contact me if you want to add your own business or a place you frequent. We will add it within 1 day.
The website is:
http://www.loktr.com