Are Redundancies Responsible for a Surge in New Companies?
This was posed by Robert Watts in today’s Sunday Times, but I can’t find it on-line. Is this because The Times are restricting what they put on-line?
But it’s not even mentioned in othe web sites, that we are now having a real surge in new company registrations.
But this is understandable as recessions are one of the best times to start a business, as companies are trying to outsource goods and services, there is a good supply of quality people, machinery, premises and other things available. Often from companies that have gone bust! We started Metier in the depth of a recession and you can’t say, that that wasn’t a success!
The only problem with this recession, is the attitude of the banks, but then, it would appear that many are using redundancy money as seed capital for their businesses.
The Anonymous Widower 