I want to start a business but I am nervous about the current state of the economy in the US. I know that there are often opportunities in every type of economy and certain types of companies can still flourish, but if the risk for failure is much higher then I’d rather wait.

I am unsure what to do because I don’t want my fears to rule my decision making here. Is this a bad time to start a business in the US?

  • Sandercoaching123BEnglish
    1·
    10 months ago

    I feel like the question is too broad.
    Generally, of course it´s not a bad time to start a business. A recessions leads to some of your competition dying out and there is more cake left for your if you do a good job.

    But specifically, I for example wonder which type of business are you talking about…

  • Professional-Fox3722BEnglish
    1·
    10 months ago

    Depends on the business and how you plan to raise capital.

    If you’re going to rely on loans it might not be the best time to start.