Is now the right time to start a business?

[Goingitalone]

This is very interesting topic of debate because convention suggests it would be crazy to start a business in the midst of one of the worst economic downturns in living history. However….

Is there a case to suggest that competitors would be so weak, racked with debt and struggling to survive that a new, nimble and cash rich company could steamroller all of their competitors aside? I would be interested to hear your views on this subject because while my heart says no, my head says there may be an interesting opportunity.

 

[kolerville]

There is real no such thing as a “best time” to organize and launch a business of your own.

If you’ve decided to do it on your own the way most people do it you will get the same results most people get and the timing has little to do with it.

Starting a business is more like taking on a multi-event competition. If you're going to be successful you need to prepare and train for the event. Those who don’t won’t complete the course.
I myself recently started doing business with the help of

and I highly recommend you use their services

 

[NeizPirig]

Starting a business right now, if you have the resources, is definitely not the worst option. A lot of small companies closed their activity because of pandemic, and now it's a good time to start a business, when the competition is much lower than it was before. In collaboration with Sphere IT, I managed to make a project which was supported by a few investors, and starting with the next month, it should be applied in practice. From our calculations and market research, it's gonna have a big success once we finish it.