A great time to start a business can be when the economy is in a downturn because there is less competition and supplies, services and staffing is typically cheaper. That said, there is still a big challenge: getting financing.
Banks are not handing out lots of loans, especially to new start-ups. However, there are new platforms that connect people who want to borrow money with people who want to invest money - with a lot less hassle...
Creative Way for New Businesses to Get a Small Business Loan
Posted by HBCinc under Raising CapitalFrom http://www.thenewbusinessidea.com 4200 days ago
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