Interesting article from the NY Times that talks about a surge in interest in starting small businesses this year despite being in the midst of the worst economic downturn since the great depression. The article notes that LegalZoom.com, an online legal document service, reports the number of new businesses it helped to form was up 10 percent in the first half of the year, compared with the same period a year earlier.
The article also features a few individuals who never intended to become entrepreneurs but decided to start a business because of the lack opportunity in their current profession or they were unemployed and unable to find a job.
The article notes that the overall failure for starting a new small business is about the same whether the economy is good or bad and that many hugely successful businesses were started during economic downturns including Petsmart and Starbucks.
You can view full article here.
If you are looking to start a small business in Arizona and want a way to even further mitigate your risk, consider buying an existing small business in AZ . You can view listings of Established Arizona businesses for sale here.
Monday, August 24, 2009
Subscribe to:
Post Comments (Atom)
Posts
0 comments:
Post a Comment