Guide

Starting a business in tough economic conditions

  • By choosing the right type of business and conducting it in the right way, your business could thrive when economic conditions are tough.

    Overview

    When market and employment conditions are uncertain, you may want to consider starting a business.

    In an economic downturn, businesses could experience falling sales, cashflow problems, employment freezes or redundancies. However, there may also be opportunities.

    By choosing the right type of business and running it in the right way, your business could thrive when economic conditions are tough.