Posts Tagged New Business

is it a bad idea to start a new business in the uk during the recession?

uk recession
i came across a little hairdressers shop in a nice area with a lot of potential. it needs a lot of work, but i would assume i could buy furniture and equipment cheaply at the moment. i wouldnt need a credit as i’m thinking of using some saving, cos there is no point in saving at the moment anyway. i’m aware that noone wants to spend money at the moment, but by the time the shop would be up and running in a few months the ecomomy might be better? or am i just stupid?

Repossession

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