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Opportunity November 8, 2008

Posted by townsend51 in business, credit crunch, entrepreneurship, start up.
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I haven’t devoted a post to it yet, but I thought that I should. Basically, is it a good time to start a business? The financial system is in turmoil, unemployment is climbing, and the pound is in free fall. Personally, I can’t think of a better time to start a business. I’d go as far to say that now is a better time to start a business than potentially any other time in my life.

Interest rate cuts are inevitable, other companies are hunkering down as if a nuclear winter is on its way, the pool of potential employees is growing, and British exports are becoming more competitive again. If you can start a business on a shoe string, then there really is no better time to build. If all goes well you’ll be able to come out of this down turn like a steam train.

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