It is assumed that tough economic times, i.e. layoffs, mean a rise in the number of entrepreneurs/self-employed. What is different today?
Self-Employment Falls, Labor Department Stats Show - NYTimes.com
Thursday, December 9, 2010
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And to think that I had dreams of becoming self employed at one point in my lifetime. It is sad that even when venturing off on your own, business still flops. My cousin used to own his own trucking company and it lasted only about 1 year and times only grew harder after that. "But on the flip side, demand for goods and services is still relatively weak, and credit is reportedly still hard to come by for small businesses". Truer words have never been spoken.
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