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06 Dec, 2008

How to Begin A Business In An Economy In Crisis

For: 100 Business In: To begin a Business


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Almost every day there is more bad news on the economy. Nevertheless, in this moment, it is difficult to see some light at the end of the tunnel.

In fact, we have for you next a video with an explanation of this crisis.

Explanation of the economic crisis of the United States

It can seem like a terrible moment to begin a small business. Therefore, here a little that you can surprise: it is in fact not. The truth is that many small-scale enterprises that they throw during difficult economic times, not only bloom, but they are stronger and agile than the companies born in times of plenty. Here there are some advices on how making use of the economic recession:

1. Glide thoroughly.

One of the most important things that you can do to promote the success of a company that will begin in a recession is to develop a game plan.

2. Focus his emprendimiento in a thing simultaneously.

One of the most common errors the businessmen to be done is to try to do too much, too promptly. Use all his energy and money in an effort simultaneously, it can be a product or service that you believe that it is more saleable. Remember, you can always make grow his business or line of product later. An economic recession is not the moment to expand his products offer.

3. Do not underestimate to the competition.

Many businessmen assume that, because an economic recession in the fragile weeds companies, that the field is much an open sea. Certainly, some companies are eliminated by difficult times. Nevertheless, the companies that stay are probably sufficiently fortresses as to present a real threat for his new business. Investigate thoroughly his market before entering him, and insure of knowing why his competition continues in foot.

4. Side propulsion the fear, suspense and doubt.

The times are difficult. But if it is determined to initiate a business now, it will have to cover certain studied risks. Do not pay attention from what it goes on in the bag of the United States, or the local bag of his country. This does not mean that it should not take a healthy respect as what it spends and the conjuncture. Nevertheless, it must not be so paralyzed by economic situations that Ustedno can control.

So that you can confront the world economic crisis and begin your own business, it is not impossible.

6 Responses to "How to Begin A Business In An Economy In Crisis"

1 | Jorge Zepeda

December 6th, 2008 at 3:06 pm

Incarnation

Hello, I would like knowing more about some ideas for business let's be already for Internet or otherwise, without many investment and that it is profitable. Thanks for his help.

2 | he feels

February 2nd, 2009 at 8:05 pm

Incarnation

The shop needed help on the transfer of an exemption of children's clothes they allow it for illness and not to be able to take it. This one in a principal Avda of the people, where almost all the shops are, there is a school and a park. The shop they have said to me that it works, the proprietor is autonomous, therefore it has taught me the reports of sale that orders him the exemption month a month, they say that it has many veneficios although it has some 2300E of monthly expenses, between rent (1250E, there water down light, expenses autonomous, phone, insurance, loan, guarantee, VAT. etc). I am going to extract a loan for the transfer. My fear is the crisis and the possible descent of the buys, although I think that, on having been a child's clothes, not face, it will sell the same way … …: what do you say to me? do you advise me to go forward? what do I have to bear in mind?
thank you very much

3 | victo

May 7th, 2009 at 11:34 am

Incarnation

to calculate the cost of a product?
I would like to know: If someone in the network will be able to calculate the cost of a product. I explain myself, need to calculate the cost of every article after having added the expenses as for example: of light, water, worker, % of losses, combustible, etc. newly to add the utility.
2 days ago – Stay 2 days to answer
Additional information
I explain myself: I want to install a Minimarket, where we have for the sale many products. then the question is: which will be the best way of adding the different expenses of the place, to each of the products, so newly to know the cost of this product and so to add the utility and knowledge the final price for the client
5 minutes ago

It obviated that the distribution of the expenses has to be proportional to every product, Example: I cannot add the same cost cantidada to a bottle of shampoo than to a caramel
5 seconds ago

4 | Rogelio Hernandez

June 2nd, 2009 at 12:36 pm

Incarnation

Good evening

In 1 month aprox I am going to receive enough money to buy a house, for which I want to integrate to the business of the real property, here there is a lot of credit facility to the workpeople to acquire houses, nevertheless I do not want to put in risk my patrimony investing blindly, I would like that they were advising me that I must investigate before buying a house, and the problems which I can face, he would be grateful to them very much for his help
thank you

5 | jose saints

June 4th, 2009 at 7:27 am

Incarnation

I like very much this business … have contacted the person and it seems to me very well http://www.exploragel.com/es

6 | martin

August 12th, 2009 at 2:57 pm

Incarnation

hello that such, soon a minimarket will mount in a people, half a block I have a Chinese supermarket, mine in the corner, I would like to know if a good business is already thank you very much possible from

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