Is it a right time to start a business

When Global Recession is hitting every part of the world- organizations, banks , financial institutions are falling like pack of cards , millions of people lost their jobs, countries going bankrupt ,trade industry is trumbling down and countries GDP is becoming negative.

At this time if you say someone that you want to start your enterprise everyone will say are you mad or some people will say you are living in which world .Maximum number of people will criticise your decision to start your enterprise but in reality you are taking a right decision .You are investing your finance or money in your enterprise rather than becoming shareholder of other company when the share market is falling without any stoppage.


Reasons why it will be beneficial to start a business in this recession->

*At this time everything is cheaper from building space to commercial equipments to labour and government will also help in establishing your firm as they want to encourage other people to invest or finance and your enterprise will provide employment to number of people it will somewhat reduce their pressure of unemployed people.

Even for your enterprise you can hire better qualified at less income because millions of people lost their jobs even qualified people so they can work in less wages as it is opportunity for them to work as compared to sit at home ideally and it will benefit you in getting experienced and well qualified person at less wage .

From a cost perspective, everything is on the table for most companies. Even if your prices are higher, if you can come in with greater value, you have a good chance at winning new business. You also have the advantage of being the new kid on the block when it comes to pitching your products and services. Many companies are desperate to find new partnerships with new companies that have a different, better or more innovative way of delivering those products and services.

Family and friends do not want to invest more in real marketand shares it means they may be willing to finance a portion of your new venture, or the expansion of an enterprise that has proven itself over time. The main benefit is that they know you and have a relationship with you and if you have a solid business plan that delivers real numbers, your chances of raising the capital you need increase exponentially

At this time suppliers will give good amount of credit as credit market is virtually tuned down
and as the raw materials with suppliers are pilling up and it is becoming their headache so they can give the raw material on credit and it is a win win situation for you because with less investment you are owing to start business and with less investment you are setting up your organization.

The media loves aberrations, and if you are optimistic by expanding or getting into business now, you would be in that category. That means you can generate some great PR by demonstrating your "alternative" view of the market.Definately it will helpfull as it is your free advertisment without any investment in marketing .You are getting marketing naturally as you are going against the tide everyone will cover your move.

At this time of recession when you develop Balance Score card of your enterprise it will show wonders as the investment is less and returns are good .If you think from the managerial economic prospective you are taking decision at right time when the prices of everything is low and expecting a great return and will be helpful in future.

This is simply being aware of good opportunities others have buggered up, and finding deals where you could get an entire business simply by taking over a lease (along with all the equipment). Many business owners want out at any cost, meaning you can negotiate great win-win deals that allow the current owners an escape while giving you an opportunity to turn around what could be, if run right, a very viable business.

Sometimes, the best business decision is the one you are forced into, and the incentive (as well as need) for income is often enough to push those previously "on the fence" to strike out on their own. There's nothing wrong with being in this position; it simply means there is greater urgency to do something that will start to generate income as quickly as possible.

So investing in starting your own business at this time will be great rather than relying on other organization and if you want to take less risk.

You must follow the Risk management.
Go for Franchise as it is safe business in starting.
Invest in Educational Institutions.

So Best Of Luck for new Business