Chosing a Business to Start

Question:  What do the following businesses all have in common?

• Burger King Corp.
• CNN
• FedEx Corp.
• GE
• Hewlett Packard
• Hyatt Corp.
• IHOP Corp.
• LexisNexis
• Microsoft
• Trader Joe's
• Wikipedia

Answer:  All these businesses were started during a recession.

If you are still waiting for the economy to flourish again before starting a business (you might have a long wait) - you are missing out on an opportunity to compete when there is less competition in business.

One perk of start a business during a rough economy that commercial rent prices are still down.  If you are still on the fence about when to start a business, here are two articles to help you decide if now is the right time after all:

• Choosing a Business to Start
• Excuse Busters: Why You Should Start a Business Now