Business entity registration

When is the right time to start a company?

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  1. 28 Answers
    This answer is edited.

    Many companies we all have benefited from such as Netflix (1997), Airbnb (2008), Microsoft (1975) Disney (1929), Uber (2009) were formed out of a recession. If you have a passion and believe you can provide a product or a service to the economy, then nothing should stop you. Not even a recession or a pandemic. Small businesses have the capability to survive a recession and thrive in an economic upturn.
    Think of the phrase: “When you have lemons, make lemonade!” Recessions create problems therefore giving you the platform to create opportunities to provide solutions that are sought after during the time of need.

    Here’s a good article on the topic if you’re interested in reading more.

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