I wanted to know that is it the right time to start own business ? Please give me good suggestions. Thanks in advance !
LOL, absolutely not.... what a horrible idea. And the proper title should be "Recession IS Over". No offense but I would work on my English grammar and spelling before leaping to open your own business. Just something to think about...
Depends on the business. Is it going to be offline or online? Is what you are selling is a necessity for people, you can expect to make money regardless of what the economy is under.
Thanks for your feedback. I want to start Real estate Photography business. For that i have made a website digitalltours.ca. Its very easy to see which homes are for sale, just by entering the name of the city (Its just in Canada Only). Visit at least once and tell me what are the limitations. Also i have given the facility to watch phto gallery, 360 video tours of homes.
So, this will be throughout Canada? How exactly does this work? You will be providing a 360 degree view of the house, or will you be doing all the photography for the sale?
Actually my main work is of Real Estate Photography. This is just the starting of mu business. When i would setup myself in this field then i will expand it more. Is it good idea ? What do you think about it ?
It's never a wrong time. Business and spending is just going to help our economy get back together. You may not do as well as you would with a good economy though. but if people would stop worrying about "saving money because the economy" we wouldnt have this problem. Money makes the world go round. And put the economy back on its feet.
Try researching for recession proof businesses. I think food business is good since people still need to eat weather good or bad times.
Most online business wernt actually hit by the reccession .. infact people came online to work after recession
The internet is not hit as hard during a recession as brick and morter business's are due to the less capital involved in the initial startup,infact people tend to go online to check for bargains as it is a buyers market.Regarding the real estate side of things i think it is still way off from picking up and could still take another couple of years to do so.Good luck with your new venture
It all comes down to how good you are at selling, recession is just one of the factors that influences business.