15 Home Business Ideas that Thrive During Recession

Many people are fearful of starting a business during a recession. Times are tough, and people are curbing their spending, which makes the idea of starting a business in a downturn economy even more daunting.

However, for many families and individuals affected by the recession (whether they lost their homes or their jobs), finding more ways [...]

7 Smart Things Successful Businesses are Doing to Ride Out the Recession

Jay Abraham, author of the upcoming book The Sticking Point Solution: 9 Ways to Move Your Business From Stagnation to Stunning Growth In Tough Economic Times has written an excellent piece on how businesses can grow in this tough economic climate.

He offers 7 “smart things that successful businesses are doing in order not just to [...]

Marketing Your Business in a Down Economy

Experts say that cutting marketing in tough times is a bad idea. When the going gets tough, businesses must work harder to market their businesses. In fact, they advice that now is the time to pull out all the stops in marketing. After all, it’s survival times.
While there is no magic number as to how [...]

Starting a Business in a Recession

Many people are scared of starting a business during a recession. Times are tough, and people are not spending — which makes the idea of starting a business in a downturn even more daunting.

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But an economic downturn shouldn’t stop you from pursuing your business endeavors. As they say, the right time to start business [...]

Tips on How to Launch a Business During a Recession

Robert Tuchman, successful entrepreneur and author of the new book YOUNG GUNS: The Fearless Entrepreneur’s Guide to Chasing Your Dreams and Breaking Out on Your Own gives out eight steps on how to start a business that actually makes money, even in this tough economy:
1. Start with self-financing.
2. Borrow, but with caution.
3. Do business from [...]

Government to Aid Small Businesses

I typically do not blog about politics or government. But like a growing number of people, I am outraged by the huge bonuses AIG will give its derivative traders — basically our tax dollars after getting significant chunks of the bailout monies. They should have just given all the AIG bailout money to small businesses!

I [...]

How to Overcome Fear When Starting a Business – Especially During a Recession

Overcoming your fear is one of the most difficult hurdles of starting a business. Starting a new business is such a leap of faith that it can scare the wits out of you; more so when you are leaving the comfort and security of a salaried employee. Add to that the fact that we are [...]

Strategies for Beating the Recession: Tips from the Experts

Times are tough and the economy is in a recession . However, the recession does not mean that opportunities have ceased to exist and that we will never come out of it. After all, people still buy things — maybe not in the freewheeling kind of spending we’ve seen before, but they are still spending. [...]

Winning Strategies for a Small Business During a Recession

Monroe Porter in his article “Winning Strategies in a Challenging Economy” published in the Leaders in Landscape 2009 magazine gave a good list of strategies small businesses can adopt to survive this recession. While his advice focused on landscapers, I think we can learn a thing or two from his tips:

Be a leader
Identify and strengthen [...]

How a Small Business Entrepreneur can Take Advantage of the Recession

With the economy in doldrums, are you taking advantage of the opportunities this economic recession presents? Yes, even with all the layoffs and cost cuttings, there’s some opportunities for the taking.
Some examples:

Purchase of vehicles for businesses — with the car industry reeling from the slump, there’s a lot of deals waiting in the car dealerships. [...]

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