| Topic : The Trials and Tribulations of Starting a Company |
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Activity:
121 views;
last activity : 07 06 2010 20:18:09 +0000
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Less Capital Cost
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Cheaper Operating Cost
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Less competition
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High Unemployment rate
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Due to recession, prices are going down which will help in setting up the start up at lesser capital expeses. Rentals, interest rates.. all are in the negative trend due to which there is a good scope for negotiations in all fields and better prices. |
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in downturn time one can sustain his startup easily for longer period and can learn more things .and one can hire qualified people for his start up on lesser cost which can help him/her for his start ups future growth. so i believe slowdown is best time to start your new start up in the country.
You could either do it as part time business / full time.. It depends on ur interest.. Today pagers are outdated.. But the company that was selling pagers at that time has made millions of money !!Thats because of the timing.. Similarly, Virgin mobile - they couldnt compete with Airtel / Vodafone.. Because airtel entered the market at the right time..
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Its always wiser to have a business with less capital cost !! So, this would be the right time to start the business!! There is an wonderful business option which provides you recession proof income.. Because it is based on technology.. therezz no such company which provides you such a huge Start up income / ROI
Visit http://www.partimejobz.com/ and register for free so that we could provide more details about the latest technology based business option
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In my opinion, it has an advantage of running things cheaply due to downturn. The immediate cause of death in a startup is always running out of money. So the cheaper your company is to operate, the harder it is to kill. A recession will if anything make it cheaper still. What you guys say ??? |
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The Operating cost will become cheaper, but at the same time one has to face the increased competition and limited opportunity. The Start-up has to demonstrate it's value proposition better during this time to compete with the desperate and existing players.
I agree with shyam that in times of economic downturn start-ups will have an advantage of cheaper operating cost.
Be an independant distributor of a technology based product and enjoy the benefits which company offers.. Book your business application at www.partimejobz.com
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Another big advantage of bad times is that there's less competition. |
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Well you can say that it's a many different things all rolled into one. But with there being less competition can lead to cheaper start-up costs. Someone could get ahead of their competition while they're down and out. Also once the economy recovers, a business would be ahead of their competition provided that they have the right business strategy.
Have you heard of Video emails ?? video conference / Desktop sharing ?? Video web streaming ?? Video webcasting?? webinars ?? But these are going to be the future of INDIA !! Do you Want to be a part of this emerging technology based business?? Register your business application for free at www.patrtimejobz.com
Today pagers are outdated.. But the company that was selling pagers at that time has made millions of money !! Thats because of the timing and less competition and technology.. Similarly, Virgin mobile - they couldnt compete with Airtel / Vodafone.. Because airtel entered the market at the right time and more over when Airtel entered, there were no huge players exception being BSNL..
So, for a timely business(that too during recession & with very minimum investment & technology based business kindly register your business application for free at www.partimejobz.com
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During recession, companies tend to lay off good employees if they don't have any alternative. These employees are willing to accept pay cuts for employment with a company. Here a new start up company can use these experienced good employee for their benefit. |
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