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  2. Recession tension

Recession tension

Chetan Natesh
5 replies
Is an economic downturn the best or worst time to start a new business?

Replies

Fabian Maume
Warmup Inbox
Warmup Inbox
It depends on the type of business. If your business will help your client reduce their cost, a downturn is the best time to launch. If your product has a long ROI time it will be hard to sell during a downturn.
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Chetan Natesh
@fabian_maume makes a lot of sense, something around commodities is actually a safe bet during down times.
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Aadil Mclean
It is a common belief that economic downturns are the best time to start a new business. However, this isn't necessarily true but students can check this source to manage their academic tasks. In fact, there may be some reasons why you should wait until a better time to start your business.
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