joshcw started this topic @ 10:27 on 02/10/2008
The reason I ask that we recently did some research into the data from our www.startupsplus.co.uk business lead service and found that there had been a noticeable jump in new businesses starting up over the last few months (over 11% more startups than the same period last year).
If you've just started up what prompted you to take the plunge and do it now?
Is it that people think their jobs aren't safe? Or that they need to earn extra money? Or something else?
Thanks!
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http://www.selectabase.co.uk - Selectabase Business and Consumer Marketing Lists, Startupsplus new business leads, 1Check TPS number checking.
RE: Has anyone noticed more startups recently?
Ian J | 02/10/2008 04:56 PM
The Governement issue statistics about new startups which I haven't seen recently but Barclays have also confirmed that there were mores businesses setup recently too according to http://www.bytestart.co.uk/content/news/statistics/startups-q1-2008.shtml
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Ian
Factoring ,
Invoice Discounting ,
Trade Finance and
Asset Finance specialist broker.
Founder member of
Independent Factoring Brokers Association
RE: Has anyone noticed more startups recently?
joshcw | 08/10/2008 01:39 PM
It is strange. If anyone out there is starting up, out of interest could you let us know why now....
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http://www.selectabase.co.uk - Selectabase Business and Consumer Marketing Lists, Startupsplus new business leads, 1Check TPS number checking.
RE: Has anyone noticed more startups recently?
CARAPIL1 | 13/10/2008 07:01 PM
Hi,
I wanted to start my business my business recently but with all the events of the financial crises hitting every sector there is in the world. I am wondering if it is feasible to start at this time and if there is any a good time to start.
Is there anyone else experiencing the same thinking?
Carole
RE: Has anyone noticed more startups recently?
Fagin | 14/10/2008 01:38 PM
I was talking to an accountant a few weeks ago and he said he thought one benefit of the credit crunch would be a lot of new start ups because people have lost their jobs. He told me he started up in the 1970's and many of his clients did too - simply because they had no alternative.
RE: Has anyone noticed more startups recently?
CARAPIL1 | 14/10/2008 07:52 PM
Thanks for the info, it is a bit encouraging.
Carole
RE: Has anyone noticed more startups recently?
JaMiSu | 15/10/2008 03:05 AM
Trying to get my online Payday Loans company going.
RE: Has anyone noticed more startups recently?
webid | 16/10/2008 08:59 AM
I think too that this crisis has made a lot of people to consider working from home. I have heard a lot of people say that their online businesses are going great dispute the crisis.
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Earning Money Online | Forex Day Trading
RE: Has anyone noticed more startups recently?
TFGTV | 19/10/2008 03:11 PM
>>>>>He told me he started up in the 1970's and many of his clients did too - simply because they had no alternative.<<<<<<
This happened in the mid-late 80's too. Whilst some areas of the country boomed others were virtually laid waste by the wholesale destruction of certain industries. Indeed there are places that have never really recovered from this.
The great white hope of the time was self-employment, and many Government and other agencies floated this as the one-size-fits-all answer to people's woes..... of course it's not! The businesses that survive from that era do so because they would have been started anyway. Invariably they were started by people who HAD saleable skills and knew the business they were getting into.
One big danger now is that there is a lot of snake-oil about. People offering 'products' that will turn you overnight into an ace web designer, financial genius, marketing guru, design ... A whole raft of things that can 'apparently' be done easily with little training or skill. Thing is; that's virtually certain to be a big lie.
My own business (which at 22 years in can hardly be called a start-up) has seen an upturn in business as people look for an alternative to the more traditional (read expensive) blue-chip oriented producers. And I've seen a relatively high proportion recently of people who are indeed just starting out themselves....
The current downturn MAY be an opportunity to get in while the market's at a low ebb. On the other hand it may be a threat to a new start due to lack of available trade.... IF your start up ideas are sound and you've done the legwork in terms of market research than you will yourself know the answer to whether you face an opportunity or a threat. If you don't know the answer to that then you're just not ready to roll!
One thing's for sure; owning and running your own business be it a Burger Van or a multi-million pound manufacturing plant is NEVER an easy option. The key to success is thorough and proper analysis of the market your entering coupled to a thorough (read legitimate) education in your chosen field. Many businesses (online and otherwise) are doing fine through the crisis. Others are failing. And when the storm's over the ground will be littered with the detritus of those who were sucked in.....
In good times and in bad starting up in business is something you should never do lightly. There ARE no 'one size fits all answers'!
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Matt Quinn.
www.tfgtv.com
Corporate Communication for SMALL Businesses!