When was the peak time for new start-ups in 2020?
The pandemic has had a significant economic impact and left entrepreneurs wondering if it is an excellent time to start a new business. However, a recession is a brilliant time to launch a start-up if you understand how you can use it to your advantage. A staggering 57% of fortune 500 companies were founded in a recession. The pandemic has wiped the slate clean and weakened previously mammoth competitors. It’s even wiped some of the major brands out of the game completely. So, why is 2021 the perfect time to launch your business? Let’s find out.Outsourcing More and more businesses outsource freelancers, consultants and local suppliers as the job market takes a nosedive. Utilise this opportunity and become one of those suppliers to provide businesses with the produ...
