If you’ve ever considered starting your own business, the time to act is now. A billion dollar software tech company is founded every three months. There is less competition in the business world right now and people are focused more on surviving, not thriving. Hard times create opportunities and shifted priorities mean new needs to be filled.
There is also a head start for gains when the economy begins turning around. With the recession, there is a drop in prices on office space and the wages are low. Lastly, technology has dramatically lowered the cost of entry, so you’re able to do a lot with a little.
Starting a business can be costly, but there are traditional and non-traditional ways to pay for your startup. The traditional methods include small business bank loans, small business administration loans, venture capitalism, angel investors and asset backed funds. The non-traditional methods include crowdfunding and tapping into your retirement fund. So, whatever your business might be – today’s the day. Start your business now!
Check out the infographic below presented by ProfitBricks to learn more about why it’s startup time in America.