People start small businesses because they have to start somewhere and there is always money to be made. Sure its a lot more difficult in a recession, but if your starting out you have an advantage over businesses that are half bankruptPeople think they are going to be successful normally because they believe they have a good idea. Even though you say your town didn t need a pool hall (im not even sure what that is) probably the main reason the business failed was that the idea the family had was poorly implemented.In a small town you cant run large businesses because they require lots of cutomers. For this reason large businesses often overlook small towns. Accordingly, there is money to be made in offering such services as hardware stores, supermarkets and convenience stores.Also, whats a Rite Aid?
It s the best time to start a business. There s more opportunity when things fall apart than when everything is running smoothly. Many small businesses fail regardless of when they re started. Sometimes it takes getting fired or layed-off to get the motivation to start something. There s no bad time to try when you have nothing to lose.
actually they were smart everyone likes some rec time they probably were pursuing a dream dosent make them dumb personally i think your dumb for knocking them especially if you are not a biz owner yourself it takes alot of work to set up a biz people like yourself are quick to judge but i doubt you make 100k a year
It like any type of business whether large,small,home or online.If you can find a niche that s not be satisfied by other businesses, go for it after doing sufficient research to ensure its viable
