How To Rebound After a Layoff
5:44 AM
The year 2009 will always be known as the time our nation entered into a recession. The poor economy and the effects of that downward spiral have been felt from the wealthiest CEO's of Fortune 500 companies all the way down to the cashier at the local Wal-Mart. People are losing their jobs at an alarming rate and no one is really sure when it will get better. Huge automakers like General Motors and Chrysler have had to let thousands and thousands of workers go because their cash flow is so low. For the first time they are facing the thought of completely collapsing as a company.
The one area of business that appears to be growing, actually, are some smaller companies that have recently began. They are doing away with the middle man in many cases and the owners are maintaining a direct relationship with their customers. DPO's are becoming more widely used than IPO's today as well. A DPO is a direct offering to private placement businesses instead of an an IPO that is the Initial Public Offering and are a lot harder for small companies to use.
This article will give you ideas on how to get your new smaller company started and things to think about before you take the final plunge. With so many people out of work, they are now starting to think of how they can make a living by owning their own business. Often the greatest creations come from people that noticed a need for a particular thing in their communities as a general consumer.
One great example is of a couple in Denver. They both were downsized and had three small children living in one of the fastest growing suburbs in the country. Just about every home in their community with a population of 100,000 people had one or more children. One thing the wife had become frustrated with was the chore of taking her young kids to get their haircuts every month. She did not wish to spend $35 at a nice salon thatdiscouraged small children if they got loud and she got frustrated having to attempt to keep her little ones occupied at the less expensive places that often had waiting for over an hour. She felt the real need as a mother to start a children's hair salon in that area. She had never had any experience working in a salon or anything like it but felt the need for just that in her town. So, she opened Jack and Jill's and as soon as it opened, it was a great success. They have now opened another one in Denver due to their popularity and figuring out a need for a business in a community.
Hopefully, you can have the same success with beginning your small business as well. Just find a need in the right location and then do a lot of research|research, research, research in how to get it started. The online resources is a great resource in finding out some of this information.
The one area of business that appears to be growing, actually, are some smaller companies that have recently began. They are doing away with the middle man in many cases and the owners are maintaining a direct relationship with their customers. DPO's are becoming more widely used than IPO's today as well. A DPO is a direct offering to private placement businesses instead of an an IPO that is the Initial Public Offering and are a lot harder for small companies to use.
This article will give you ideas on how to get your new smaller company started and things to think about before you take the final plunge. With so many people out of work, they are now starting to think of how they can make a living by owning their own business. Often the greatest creations come from people that noticed a need for a particular thing in their communities as a general consumer.
One great example is of a couple in Denver. They both were downsized and had three small children living in one of the fastest growing suburbs in the country. Just about every home in their community with a population of 100,000 people had one or more children. One thing the wife had become frustrated with was the chore of taking her young kids to get their haircuts every month. She did not wish to spend $35 at a nice salon thatdiscouraged small children if they got loud and she got frustrated having to attempt to keep her little ones occupied at the less expensive places that often had waiting for over an hour. She felt the real need as a mother to start a children's hair salon in that area. She had never had any experience working in a salon or anything like it but felt the need for just that in her town. So, she opened Jack and Jill's and as soon as it opened, it was a great success. They have now opened another one in Denver due to their popularity and figuring out a need for a business in a community.
Hopefully, you can have the same success with beginning your small business as well. Just find a need in the right location and then do a lot of research|research, research, research in how to get it started. The online resources is a great resource in finding out some of this information.
About the Author:
Chuck Stewart found that a ipo was one of the most efficient ways to raise money.He discovered that through traditional means private placement is expensive and difficult to obtain.
You can leave a response, or trackback from your own site.