Is Recession a Good Time to Start a Business?
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Bangalore: With economy growth rate declining at an alarming speed; is recession the right time to start a business? Yes, it is. Many great companies like Google, Microsoft, Apple and many more started their venture in the middle of an economic slowdown. These examples suggest that recession is not always a bad time to start a startup; neither can one claim it to be a good time. All depends on the idea and the way you handle the execution of your startup. However, one can learn a lot from starting a business and enjoy the benefit of recession. Target the layed off employees
Many big and small enterprises layed off a lot of employees during recession. It is the best time to catch hold of such experienced persons and hire them in your startup organization. These employees will not only bring in years of experience with them, they will also help you in certain decisions where you are going wrong. They can even guide your startup to reach to success in a much smoother manner.

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