I want to start my own business but with the credit crunch is it the best time?
I really want to start my own business up making personalised gift hampers like those in america (cant really find anything like it in the UK) and also wedding towel cakes, baby clothes bouquets etc etc. I just think it might be a bad time with the credit crunch.
My husband is very supportive but i dont want to let him down.
What do you think?
If you make sure you take all the advice that is available to you, go for it! I started my business last September, just as it all seemed to really blow up, then people started losing their jobs! As I offer a service to working people (I'm a dog walker) I was worried, but I'm not doing too badly.
Do plenty of research, and get in touch with Business Link, and your local job centre as they will give you some contacts which should help.
Good luck!
8 Responses to “I want to start my own business but with the credit crunch is it the best time?”
YES!! Richard Branson started Virgin in the middle of a recession!!
but a word of advice dont put your ideas on a website without getting them copy righted !! good luck
Comment made on May 26th, 2009 at 12:01 pmReferences :
IF you have researched your market, and determined that there will be a demand for the product, then it might be worth taking a chance. Business will not grind to a halt even in a recession.
Comment made on May 26th, 2009 at 12:20 pmReferences :
i wouldnt advise it at the moment you will just put yourself and your money at risk.
Comment made on May 26th, 2009 at 1:09 pmReferences :
If you make sure you take all the advice that is available to you, go for it! I started my business last September, just as it all seemed to really blow up, then people started losing their jobs! As I offer a service to working people (I'm a dog walker) I was worried, but I'm not doing too badly.
Do plenty of research, and get in touch with Business Link, and your local job centre as they will give you some contacts which should help.
Good luck!
Comment made on May 26th, 2009 at 1:42 pmReferences :
go for it you will regret it if you dont try
Comment made on May 26th, 2009 at 2:13 pmReferences :
Now is a great time to start up a business - IF you get the fundamentals right, do your marketing properly, and are prepared to work your socks off for the next few year.
Get good advice, make use of every opportunity out there, and above all, talk to other business owners. Make use of the networking opportunities to keep you motivated during the times when it gets hard (and it will…). And remember to have fun.
Comment made on May 26th, 2009 at 2:26 pmReferences :
Midlands Business Person of the Year 2009 http://www.midlandsbusinessawards.com
I have written an ezine article on this subject, you can read it at ezine articles.com
My name is Anthony Spencer and yes I think you can start a business now with support from your family.
I hope this has helped you, and good luck with your choices for the future.
Tony S
Comment made on May 26th, 2009 at 2:39 pmReferences :
http://www.ezinearticles.com
well this is really tough time for economy but this just mean you have to be extra cautious.
Comment made on May 26th, 2009 at 3:21 pmReferences :
http://getaholidayloan.com
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