Question by BB: Should I start a small business while we are in a recession?
Is this the best time to start a business? Why or Why not? What is the best type of business to start right now if so? I was thinking of some type of online business
Answer by Chip
Absolutely. I would suggest we’re about to move out of it soon, and people will start to spend money. Besides, if you have a good business name, and product / service, your business will do well in any case.
Starting a small business can be tricky, but make sure you:
Give it a cool name:
Awesome, naming a business is so much fun. But seriously make it catchy and describe your business with the name!
Best thing you can do is go to this page that has information on naming your business – http://webgecko.com.au/site/names.html
The site has a whole heap of tips and tricks from naming a business and tools to help you do it like – random name generators, name generators and there are even some on there that allow you to type in key words and generate it from there.
Have a cool website!
Next thing you have to do is make sure you have a website. Doesn’t have to be AWESOME, but does have to hold general business information.
Take a look at the tools menu – http://webgecko.com.au/site/freebusinessdirectory.html and there is some stuff there to help you promote your business for free. Some tips and tricks that could really help you to start.
Good luck and would love to know what you call your business – I’ll check back later if you want to make a comment on it!
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