Recession –boon or burst.
With a economic downturn, overhaul incomes, consumer spending and capital expenditures fall, but not to the same degree for all the individuals.During this recession, several lost their jobs, so they weren’t risking steady employment –and they were able to hire employees who didn`t have great job prospects on the cheap. Suppliers were willing to wait to be paid. And even though the old economy and the rust belt was in deep slump, the personal computer was taking off, and with it opportunities not only for new hardware and software makers, but also for retailers, resellers and even magazine publishers.
What were the worst of times for the economy as a whole for the turned out to be one of the best times for resourceful and opportunistic entrepreneurs.
Best Wishes!
Sunder Thadani.
http://in.groups.yahoo.com/groups/blogzsunder
With a economic downturn, overhaul incomes, consumer spending and capital expenditures fall, but not to the same degree for all the individuals.During this recession, several lost their jobs, so they weren’t risking steady employment –and they were able to hire employees who didn`t have great job prospects on the cheap. Suppliers were willing to wait to be paid. And even though the old economy and the rust belt was in deep slump, the personal computer was taking off, and with it opportunities not only for new hardware and software makers, but also for retailers, resellers and even magazine publishers.
What were the worst of times for the economy as a whole for the turned out to be one of the best times for resourceful and opportunistic entrepreneurs.
Best Wishes!
Sunder Thadani.
http://in.groups.yahoo.com/groups/blogzsunder
