Things aren't really that bad.
At least that's you response to this week's survey question about the economic outlook for small businesses. You, readers, are optimists. While it's unquestionable that times are tough, you pointed out that that can actually signal opportunity for entrepreneurs looking to launch a start-up. Reader mcyr notes:
"When the economy is down, depending on the industry of the business, it can be the ideal time to launch. The expenses related with launching a new business, in some instances with some expenses, can be lower. Also, it is the best time for investment to be taking place."
Good point. While most of the media reports about the economy are doom and gloom, the fact that there is some opportunity (and that this will pass) is certainly critical for entrepreneurs who are feeling the weight of the downturn to keep in mind.
That is, unless you operate an SUV dealership. Certainly how well some businesses and start-ups are doing right now also has a lot to do with their industry. While every sector has been touched one way or another, some are obviously faring better than others. As reader BryanH points out:
"Restaurant entrepreneurs and used SUV dealerships... bad. Debt consolidation, credit counseling... looking for VC for alternative fuel... good!"
Maybe you guys are all in the debt consolidation business?
| [comments (0)] |
Have the first word.


You must be registered
and signed in to leave comments.