Timing is essential

Jul 14 2008 by Andrew Baldwin, Huddersfield Daily Examiner

BY most accounts, the UK is sailing dangerously close to a recession.

Unemployment is set to soar, rises in oil and food bills show no signs of slowing down and house prices are expected to keep falling.

Many people think we are talking ourselves into it – but the scenario does seem dangerously close to the dark days of the early 1990s.

People who lived through that era will find it incredible that we are lurching towards being in the same boat again.

So it hardly seems an auspicious time to start your own business.

But, as the old saying goes, you don’t get anywhere if you don’t try.

Rather than bemoaning the state of the economy and crossing their fingers, there are plenty of people willing to put their foot on the entrepreneurial ladder.

And there’s lots of help for those attempting to try.

Business Link Yorkshire is one of the organisations providing free advice sessions, as we report today.

Sadly, some of the fledgling businesses will inevitably fall by the wayside. But the message is that there are still opportunities out there for making money.

And one day the economy will start to find its feet again.

It will be best to be prepared for when it does.