August 27, 2010

Why now is ideal time to start a business

According to the latest figures released by the Bureau of Labor Statistics, nearly 15 million Americans are still out of work and the national unemployment rate is a staggering 9.5 percent. Since the “official” start of the recession in December 2007, the number of those counted as unemployed has doubled, while industry experts peg the actual number at double the official figure.

The startlingly reality for the newly unemployed is that the jobs they once held simply no longer exist. Nearly a third of those unemployed have been jobless for more than 6 months. Many are turning to entrepreneurship as a…

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