Is an economic downturn really a bad thing? Some say a bad economy is good for business, but how could that be? Most people are led to believe that a bad economy is a bad thing for everyone. While this may be true for the vast majority of people employed by big and small companies, for the entrepreneur it could be a great time to start or grow a business.
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If you have the ability to act on new business opportunities during an economic downturn, great fortunes may await you. You will find yourself in good company; over half of all the fortune 500 companies were started in a bad economy.
Is it time to work on that business idea to take advantage of the fruits that a bad economy has to offer?
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