This entry was posted on Sunday, November 29th, 2009 at 10:39 pm and is filed under Small Business, Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
If you are considering starting a small business but you are worried about the state of the economy then read the tips below.
Buy used equipment. There is alot of used furniture and office equipment as businesses shut their doors. Look for closing announcements in your local business news and then contact the Operations/Engineering Department for a deal. Craigslist and eBay are also good places to find used office equipment.
Barter for goods and services. There are companies that provide a network for business bartering.
Run your small business on the side. Keep your current job and run your business after work.
Offer discounts to customers that pay up front.
Offer flexible payment terms. Struggling businesses may switch vendors if you are willing and more able to work with them.
If you are careful this can be the best time to start a new business.
November 29, 2009