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Good news about the economy – and your business
I attended a webinar on Tuesday called “A Business Owner’s Guide to the 2009 Economy.” Jeff Thredgold, economic futurist and owner of Thredgold Economic Associates, hosted the event. Here are a few useful notes I took.
A sobering statistic
As I did research on bankruptcy to prepare for a freelance assignment recently, I came across a sobering statistic: Nearly half of all personal bankruptcies are the result of failed business ventures. If you’re starting your own business due to recent unemployment, this could affect you even more.
Count the Costs
Although a business plan isn’t necessary for every business, it does help you to see how feasible the business is.
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