Jan 09

New Business Start ups

BBA has reported that the number of new businesses which opened in the three months to September 2008 decreased by 4% to 129,282, compared to an expected decline of between 10% and 15%.  Is this news that the country isn't doing as bad as we think? Or is it just that more and more people are looking for ways to earn more money with their own business, or maybe a home based business, or an online venture?

The figures don't break down to what type of businesses are being started be they sole traders, franchises, MLMs, online or offline ventures, but hey at least they are still be started.

Barclays Bank has also reported no substantial decline in the number of people wanting to launch their own ventures in 2009, but suggested that it would decrease significantly as national income falls.

written by admin


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