ajcjobs > BlogBreak > Archives > 2009 > February > 02 > Entry

Time to start a small business?

With the rise in layoffs and the prospect of long-term unemployment in tough economic times, more and more people are deciding this is the perfect time to start a small business. And experts say it can be, if you plan wisely and are open to being flexible. While funding may be harder to obtain, it will force potential entrepreneurs to develop a stronger business model that will ultimately give them a better chance of success.

If you are looking for inspiration, Georgia is home to many small business success stories. From The Varsity to Home Depot to Spanx, what started out as a small concept grew into a successful enterprise.

So are you thinking about starting your own business? Do you think it’s wise to start a company during a recession?

Permalink | Comments (7) | Post your comment |

Comments

By WEDA

February 2, 2009 11:56 AM | Link to this

If you want to start your own business, check out WEDA- www.weda-atlanta.org

By Facility Support Services

February 2, 2009 12:45 PM | Link to this

The commercial cleaning industry may offer opportunities people haven’t thought of. Interesting information can be found at www.acleaningbid.com

By Destiny Carter

February 2, 2009 1:46 PM | Link to this

I have just started my own small independent publishing house and I’m thrilled and scrared at the same time. I don’t think I would have had the courage to do this if I hadn’t lost my job. Now I’m ready to take the bull by both horns!!

By tyetye

February 2, 2009 2:12 PM | Link to this

I am looking into cleaning foreclosed homes. They are in abundance and there is plenty of work for a lot of us. I need some info if anyone has it.

By billy

February 2, 2009 2:20 PM | Link to this

how can you develop a small business,but you know you have a good idea,marketing,sales potential,and location,but no funds to start.Banks will not loan to people with challenged credit.You try to make it sound simple.A lot of people with lay-offs cannot diversify due to credit,that nobody is giving out??SO HOW CAN YOU BEAT THIS??

By noah

February 2, 2009 2:39 PM | Link to this

billy, why do you need a lot of cash to start. Depending on your idea you can start small (and without a lot of money) and grow it into a full time gig as the revenue comes in. This will keep your risk to a min also.

By Mark

February 2, 2009 2:39 PM | Link to this

This is the way to go. Governments are funding projects. Check out the economic stimulus projects at www.govdirections.com

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