A Guest Post by Christine Kane
You’ve been thinking about starting a business, but with the economy the way is it, do you really stand a chance? Are the risks too high? Is there too much at stake? What’s holding you back? Here are five good reasons that you should start your business today.
Unemployed/Underemployed – In all likelihood, you’re either unemployed or underemployed right now. Underemployed means that you are overqualified for your job and/or you’re not working the hours you need. Either way, you have time on your hands, so don’t waste the opportunity. Use your free time to be your own boss and start a business.
Cheap Labor – With the job market the way it is, cheap labor abounds. People will work for peanuts when they’re desperate, and, as a new business owner, you can offer other incentives, like a high position in the company. Keep looking and you’ll eventually find someone who’s reasonable and talented. Speaking of talent…
Talent – Along with that cheap labor comes talent. Tap into your professional and social networks or take a look around your community. All those hard-working, well-educated, talented people are out there, just waiting for your call. You’re choosing exactly what you want and you’re free to weed out the rejects. It’s never been a better time to hire.
Taxes – Ah, the tax break. Even if you work from home, the government will help you out. You can write off deductions for a home-office; including business expenses such as supplies, telephone, Internet and marketing materials- even a new computer. The Small Business Jobs Act, which was signed into law on September 27, 2010, also brought other tax breaks and incentives for small business.
Going up –It can only go up from here. When you start at the lowest, and still manage a livable income, you know things can only get better. What better way to now if your company will survive a crisis than to start it in one? The history behind the idea is sound; many of the Fortune 500 companies today were started during an economic depression. Somethings people can’t, or won’t, do without. Find out what it is and you’ve got it made.
There you have it: five reasons to get started today. You’ll never find a better time to be an employer, rather than an employee. If you plan well, find your niche, and work hard you will succeed. But you’ll never know what you can do if you don’t try. It’s better to get started now rather than plan for years and have nothing real to show for it. So, get cracking.
This Guest post is by Christine Kane, a graduate of Communication and Journalism. She enjoys writing about a wide-variety of subjects including internet providers in my area for different blogs. She can be reached via email at: Christi.Kane00 @ gmail.com