By Jackie Simmonds, Blog Editor
With the job market stuck in neutral the unemployed are looking at alternative solutions to earn a living. One solution that has been gaining momentum among the jobless is opening a business.
The reasons are varied; perhaps it has been a lifelong dream but many just want to be in control of their own destiny and never want to be huddled by the water cooler waiting for the next layoff to be announced ever again.
What kinds of businesses are people opening? Many unemployed workers have actually created companies that handle the same tasks as their old employers. Some have always had an idea kicking around in the back of their head and now they are free to explore it. Others have turned to franchising as a way of minimizing the risk of failure. It’s lots of work but they are making it happen.
And just in case you think this is a pipe dream, a recent article pointed out that some of the world’s most successful companies were created as small businesses during a recession. Companies like FedEx, Burger King, GE, Hewlett-Packard, and Microsoft all started out as tiny ventures during tough economic times and today, they are huge corporations.
New Horizons
To help would be entrepreneurs The New England Job Show is adding a new segment called » Read more: Introducing New Horizons





