Monday, September 14, 2009

Recession, layoffs fuel many to start small businesses - USATODAY.com

Recession, layoffs fuel many to start small businesses - USATODAY.com: "n this recession, starting a business from scratch or buying a franchise has been the way out for many. Of job seekers who gained employment in the second quarter of 2009, nearly one in 10 — 8.7% — did so by launching their own businesses, according to outplacement firm Challenger Gray & Christmas' quarterly Job Market Index. That start-up pace is up from 6.4% in the first quarter and is twice the rate reported in Challenger's 2008 second-quarter update."

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