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01 Jul '12, 12am

Getting Into Your Own Business-Why do People Become Entreprenuers

Yes ,a small number of people start businesses because of being laid off. But this is usually after they have looked around for another job and can’t get another one. After a period of not having a job, and losing hope of getting one, starting a new business begins to look more attractive. The apparent risks of starting a new business decline because you are not forgoing any salary, simply because you don’t have one. The type of businesses you might start in this case maybe something you know. It may be attuned to what you used to do like some sort of consultancy, secretarial services, fast food, cleaning or child minding services, or something like event management or professional placement. Probably less than one in ten new businesses fall into this scenario, however this is likely to increase in the future.

Full article: http://www2.emmagem.com/2012/06/28/getting-into-your-own-...

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