Is a recession a good time to start a business?  That seems to be the big question of late.  Isn’t the rule to win in the stock market buy low, sell high?  It would seem that the best time to buy is when prices are low. Therefore, the best time to start a business is when you can start it for less.  Besides, most of the time when a business is created it takes a couple of years to get in the black, so you may as well start when you will spend less in the red.

Here are ten reasons to start a business during a "recession".

1.  Better deals are available.  The same product that was available last year is on sale now.  You may as well buy the same thing for less.

2. You can hire people for less.  Many people who are "over qualified" are willing to take a job for less because they have been laid off and need the work no matter what it pays.

3. Service.  More than ever companies are offering better or longer service plans for their products.  No better time than the present to negotiate.  You are more likely to get better service or more "perceived" value now than in a strong economy.

4. Tax benefits.  You are able to get many more tax breaks when you own your own business.  No better time than the present to maximize your tax deductions.

5. Investors. There are lots of angel investors, venture capitalists and private investment companies and individuals looking for the next big deal. 

6. Zero interest.  Low interest or no interest loans and credit cards are easier to get and more vastly available then ever.

7. Great PR opportunity. When most places are cutting back and closing down, you are starting up and moving up. The media loves things that go against the grain.

8. On sale.  With so many companies going out of business their furniture and equipment are for sale at far less than usual.  You can get more for your money if you shop around and look at auctions and going out of business sales.

9. Lease or rent to own.  Many companies are just looking to get out with no cost so taking over leases is more available than ever.

10. Sometimes life chooses for you.  If you have been laid off and can’t find another job and have been thinking of starting something on your own, maybe this is just the shot you were looking for.  You aren’t working anyway so why not step out and do what you have been wanting to do and haven’t had the guts to?  Sometimes life has a way of making the tough choices for you.

There are a fair amount of reasons and resources to start your own business the question is will you… that choice is up to you…

 For more info: contact shar@sharspeaks.com or visit our website www.sharspeaks.com