How Can Small Businesses Survive in Todays Economy

How Can Small Businesses Survive in Today’s Economy? The idea of working for yourself and managing your own time is interesting. Thinking about some advantages of being your own boss, many professional designers are trying to find their place in the market. Discussing when is the best time to start a business, if it’s really worth, and how to get started are relevant issues. When this important decision, there are many view points to consider. Why do people start their own business? Some are trying to get their best, some can’t find a good job, and some are just tired of working for other people. Whatever the reason maybe, you must be sure that you can handle it. It’s great to think that you won’t have a boss anymore, you can control†¦show more content†¦She has been debating as to when be the right time to start that business. Due to what the researcher has experienced, she see there is more research to be done before time, money and hard work is spent in developing this venture. To pursue this venture, the researcher must consider the how being a black businesswoman will effect her getting started. There is hardly enough room for new businesses to get started, let alone a black woman in business. The researcher has been working for a small business for six years and has been apart of their growth and decline. Due to the economy the small business the researcher has worked for has lost several contracts and has had cut backs on others. The business has maintained through its difficulties but how much more can it withstand before it surcomes to the economy. So far so good but are the difficult times yet to come. Personally and professionally this topic means a lot to the reasearcher. The way today’s economy is going, you do not know if you will have a job from one day to the next. While writing this portion of the paper the researcher learned that her job was in jeopardy due to cuts and other problems the comp any in which she provides her service to is having. Not knowing from one day to the next if your going to have a job is not way a person should have to live. Investing in yourself and profecting a good/service to provide to a community will be a start of something more fulfilling and permenant.Show MoreRelatedSmall Business and Secret Acres Essay806 Words   |  4 Pagesï » ¿ What steps might Matthews and Avelino take to create demand for their books? How must a small business like Secret Acres balance supply with demand? In order for Matthews and Avelino to help create a demand for their books, one must get into the mindset that demand is driven by price; therefore they may want to decrease or try to keep the price of their books lower than that of their competitors in order to increase the demand of their books and/or services. In order to decrease or keep theirRead MoreThe Impact of Technology on Business Essay1069 Words   |  5 Pagesmodernization and improvement of business on a world wide basis. 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