Comments on: What Is The Best Business To Start Up In A Recession? – Entrepreneur Poll Update (2)

By: Bryan

Bryan — Sun, 15 Nov 2009 03:55:41 +0000

I know the question is specifically, “what business to start” however please afford me a little latitude in addressing that. If you’re looking to start/run your FIRST business you should buy one. Starting off from scratch means you have 0 customers, 0 name recognition, 0 revenue, 0 systems, etc. etc. etc. More importantly, you have to learn nearly everything from accounting, taxes, legal issues, marketing, sales, customer service, payroll, etc. etc. etc. all at the same time. It’s a lot to absorb.

If instead, you buy an established business for cheap (with little to no money down) and improve it, you can learn a lot while still making money, connections, and building equity to set you up for your start-up. In this economy there are PLENTY of good deals to buy existing businesses.

By: Nilanshu khanna

Nilanshu khanna — Fri, 30 Oct 2009 06:30:27 +0000

Hello Everybody .. We i am into outsourcing business since last 3 years and in this industry since last 5-6 years .. i gues this is the best industry to start the business but you to define your area of work in this industry like web development, software development,legal process outsourcing etc ..

Regards
Nilanshu khanna

By: john

john — Thu, 22 Oct 2009 04:54:08 +0000

Grow Wheat..Whole grains is where it is at these days..I sell bread i know

By: Roger

Roger — Mon, 14 Sep 2009 16:51:31 +0000

My daughter,aged 19 has followed the advise you have given above and she has began her business this week, Im from a medical and not a business background so Im not too sure what you mean by “marketing aggressively”, could you give me some depth on this area for me to pass on.

My daughter is hiring out designer handbags.

By: Connie Lewis

Connie Lewis — Wed, 09 Sep 2009 15:22:39 +0000

Liked your answer — has given me something to think about. I have had a small publishing/advertising business for many years and also am Director of a nonprofit working with special needs young adults. We are self-supporting and I usually have a project in place that pays our bills (i.e. published a family recreation magazine for 7 years until printing became too expensive). I desperately need to come up with some new idea to raise funds both for myself and our nonprofit. Any suggestions will be greatly appreciated!!
Thank you for your time!
Connie

By: Priscilla

Priscilla — Sun, 23 Aug 2009 14:32:38 +0000

Keep it until the economy gets but you may be able to get more money for it but the best way to get profit is for you to build on not sure what you can invest right now but you may be able to get an invester that is an great quantity of land.

By: pachu

pachu — Sun, 23 Aug 2009 09:23:43 +0000

as someone said opportunities are always there, but what matters how we take those opportunity, how tightly we grip it and move forward.

By: Mike

Mike — Thu, 20 Aug 2009 20:32:48 +0000

I would say… instead of putting cows on that land, I would make a lil more investment and put some deers on the land…. and then let the hunters pay you your profit…! howwwzzzz that?

By: roman

roman — Tue, 21 Jul 2009 08:14:49 +0000

for tarsha and your land. i think you can put cows on that land. no need to buy hay and good profit later on.

By: Ryan Taft

Ryan Taft — Mon, 06 Jul 2009 12:56:25 +0000

I just started a marketing agency. The focus is guerilla tactics that allows customers to get the most from their marketing budgets. The majority of our focus will be on e-strategies, including social media, because that’s where the value lies. You have the ability to reach millions of people for minimal dollars. There is also the possibility of going “viral” with your messages.

Best,

Ryan

http://www.squidoo.com/catalyst-marketers