Sentences with phrase «businesses during the recession»

See Also: How Founders Should Decide When It's Time To Sell Sell For More With These Alternative Exit Strategies How to Sell Your Business During A Recession
Small business leaders are hard at work creating innovative strategies to save or grow their business during the recession.
Startuply.com If starting one business during a recession seems risky, how about 1,150 businesses?
And Brazil proved to be one of the most resilient economies to do business during the recession.
Despite the current economic difficulties, however, Hurtado says the strong relationships Amigo's Foods has with customers has meant it has not lost any business during the recession.
Gergen and Vanourek, the authors of Life Entrepreneurs: Ordinary People Creating Extraordinary Lives, found that many successful entrepreneurs built their businesses during recession periods and in many cases living lean was how they made it work.

Not exact matches

Carla Harris, chair of the National Women's Business Council, suggests that women of color may have been more likely to have been laid off during the beginning of the great recession, and so may have been more likely to need entrepreneurship as an alternative way to make a living.
Some of the best businesses have launched during a recession.
As Business Insider has previously reported, these 18 to 35 - year - olds grew up during a recession, which has impacted their spending habits.
The number of small - business loans fell dramatically during the recession, as big banks cut off credit to customers they considered risky and many smaller and regional banks that once lent to local business owners shut their doors.
During the recession and even recently, many small - business owners chose not to bother applying for loans under the assumption that they would be turned away.
Still, much of the brisk business overall reflected the abundance of deals, showing that shoppers are as bargain - hungry now as they were during in the first years after the Great Recession, if not more.
The lending market for small businesses cratered during the recession and has been on a jagged path of recovery.
The disappointing trends of the Great Recession and its aftermath come on the heels of the weak labor market from 2000 - 2007, during which the median income of non-elderly households fell significantly from $ 68,941 to $ 66,575, the first time in the post-war period that incomes failed to grow over a business cycle.
Paul Trible, Ledbury co-founder & CEO, and Paul Watson, Ledbury co-founder & COO, explain how they were able to build a profitable business launching luxury brands during a recession.
And while Mills was lauded for increasing aid to small businesses during and after the recession, she faced some pushback, as programs didn't create as many jobs as critics would have liked.
When closing a deal or finalizing a sale turns into a negotiation, small - business owners often end up on the losing side — particularly during a recession.
Small businesses failed in droves during the recession, and since then, banks have been understandably warier about making what are generally risky loans.
One reason is that businesses founded during recessions tend to stay smaller for at least the first 10 years of their existence.
Small - business owners remain much worse off financially than they were before the Great Recession because they suffered a particularly deep drop in income during the economic downturn.
There used to be more leasing companies, says Aiken, but big ones like GE reduced their exposure to the sector during the recession, and smaller players went out of business.
Lately, a lot of people have also been asking me if businesses started during recessions are more or less likely to fail than businesses started during expansions.
And Baby Boomers who may have delayed selling their business during the economic recession are now interested in putting their companies on the market.
(There also might be fewer businesses launched during recessions.)
I would guess that there is a much sharper drop in the chance of your business surviving for 2 years during a recession caused by a financial crisis where it is much more difficult to raise funding.
It strikes me as at least possible that businesses launched during recessions are of a different nature than those launched otherwise, in that the entrepreneur presumably launched a business knowing it was during a recession.
During the recession and its aftermath, many Canadian exporters went out of business.
First, businesses will have accumulated substantial losses during the recession, which they will apply to reduce their corporate tax liability.
That's why during a recession, you want a lot of cash, cash equivalents, or access to money in some way at your disposal in the event that you lose your job, the stock market crashes and you don't want to sell your shares at depressed prices, you suffer a pay cut of some sort, are disabled, or you own a business and sales start to drop.
Fewer conventions were held there during the recession, and that meant less business for Strip restaurants and hotels, which led to layoffs, and in turn foreclosures.
As I mentioned earlier, business investment collapsed during the Great Recession, and its much - weaker - than - expected recovery since, despite historically low financing rates, has been a major source of disappointment in advanced economies.8
Second, fluctuations in business investment can drive the business cycle — roughly 50 per cent of the movements in quarterly GDP during the Great Recession and its aftermath were due to shifts in business investment.
Small businesses have been hurt during the Great Recession and are now being shut out of getting a bank loan.
As a result, job security is always the number one priority during these hard times, and workers flock toward the so - called recession - proof businesses.
The demand for services in the Building Exterior Cleaners industry cum window cleaning line of business is on the increase in recent time, as growth in household formation rates expanded the available clientele base for industry players and rising per capita disposable income enabled consumers to purchase cleaning services they put off during the recession.
But they earn such strong returns on capital that they tend to always have cash pouring out of their business, even when growing rapidly or during recessions.
If we compare operating spending by municipalities to GDP, which is a broad measure of ability to pay, it remains within historical averages of close to 3 % of GDP.  In 2012, operating spending by all municipalities in Canada amounted to just 3.1 % of GDP, the same that it was twenty years ago, and down from the 3.3 % reached in 2009 during the depths of the recession.  This ratio was higher during the recession because GDP had dropped and governments sensibly embarked on stimulus spending to prevent a depression. This was before their misguided adventures in austerity (which presumably the CFIB supports, but have caused devastation to small businesses in countries elsewhere).
Can you successfully start a business during an economic recession?
Although they're painful, recessions are needed to weed out the strong companies from the weak, as many companies go out of business during the downturns and new ones emerge.
Just like any other business, the demand for cleaning services usually declined during recession period / economic downturn and this is due to declining corporate spending on cleaning services and reduced demand from business clients.
After a short business recession during 1921 - 1922, the country hit its economic stride.
Like many food wholesalers, W&SS has seen a decline in sales during the recession because of slower business in the restaurant and hospitality sectors.
In Yoshida's case, an economic recession nearly 20 years ago led directly to the formation of an international sauce and manufacturing business that is going strong during another recession.
During the recession, restaurant business slowed as people ate out less, which triggered a drop in sales.
The truth is that consumers are looking for businesses to provide both short - and longer - term support during the recession.
Small businesses continue to be stifled by challenges that affected them during the recession, including late payments from other firms and a lack of finance from the banks, which forced many small firms to close.
On 9 December, in his final pre-Budget report before the 2010 general election, Chancellor Alastair Darling said that the recession had been deeper than predicted during the Budget in April, and that the government's programme of quantitative easing had made a «real difference» to families and businesses.
Michael Elmendorf, State Director of the National Federation of Independent Business in New York, said: «It is no secret that New York's small businesses have felt the enormous credit crunch and limited access to credit during this period of recession.
This week, House Democrats are beginning their push for a cap - and - trade scheme that makes big promises, but amounts to little more than a national energy tax that will destroy countless jobs and raise energy prices on families and small businesses already struggling during this recession.
Katherine: We started our business during the height of the recession and it was impossible for us to secure any financing.
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