Friday
Nov 21st
| Brave entrepreneurs act to weather a downturn |
|
|
|
| Tuesday, 10 June 2008 | |
|
By PATT JOHNSON While many business owners are struggling to survive in a weak economy, there are those few brave souls who are taking the plunge and starting a business. Three of four adults said they have considered starting a business, according to the Yahoo Small Business poll in April. But in an economy racked with fears of a recession, entrepreneurs need to be cautious with launching new ventures, said Howard Van Auken, a management professor at Iowa State University. His advice: Develop a financial plan for the business that includes a cash budget and don't invest excessively.               |
| < Prev | Next > |
|---|