Starting a Business in the Current Economic Downturn
Here’s a great e-guide on starting a business during the current economic downturn by Irish entrepreneur Feargal Byrne, the founder of e-learning software company Brain Power Ltd. He recently set up LostJobStartBusiness.com, a site that helps people who have lost their jobs to start their own business.
If you can’t see the embedded guide, click here.
[…] This is perhaps the most pivotal stage in the process. You need to make sure that you have researched and are aware of the area you want to go into. Have a look at how that area of business is doing. Is it thriving? Has it experienced a dip of late? What kind of external socio-economic factors affect it? […]
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Very comprehensive presentation Feargal – I enjoyed it.
We have not seen a slowdown in the number of people that are incorporating their new businesses with us. 2009 was a record year, but we’ve added a number of states to our network.
Starting a business is a good idea – anytime. Economic downturn or not – online businesses are doing very well right now overall. My friends with online businesses have not noticed a downturn. Really, it’s that good. Make sure you have solid marketing and an email list – and go make it work!
Incorporating in the USA has never been easier for foreigners – send an email if you have any questions. Thanks much! 🙂 Vern
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