Recent history has shown that economic bubbles burst and cash booms go bust. Though the economy is doing well right now, it is helpful to look toward the future.
For those interested in opening up a new business, here are a few safe bets in the event of an economic downturn.
During the last recession, firms that specialized in bankruptcy, foreclosures, and debt collection were in high demand. What’s more, even a commercial real estate lawyer can find plenty of work when the economy sours.
This is because, generally speaking, people don’t hire lawyers when times are good. They tend to seek legal counsel during the less-than-ideal chapters of their lives. While it may seem vulturous to count on this as a source of income, lawyers provide a vital service to the community.
Therefore, so long as you’re doing your absolute best to represent your clients, there’s nothing wrong with viewing the … Read More
In this special edition of MashTalk, Mashable sits down with Ray Soto, Director of Emerging Technology for USA Today, at CES 2019.
Soto discusses his team’s latest projects that bring an entirely new perspective and interactive experience to contemporary hot button topics – like Trump’s border wall. Furthermore, Soto sheds light on how he believes this style of storytelling will change the medi… Read More
One fairly common question I see from readers is whether or not making something on your own is cheaper than buying it in the store.
First of all, most of the things you make at home actually compare in terms of quality with a fairly high end version of that item in the store. Homemade bread is going to be far better than the cheapest store bread. Homemade pasta is going to be far better than the cheapest store pasta. Homemade laundry soap is going to be far better than the cheapest store laundry soap. This has been pretty much universally true with things I’ve made at home over the years. The homemade version is almost always significantly better than the cheapest version of an item at the store, and usually comparable to one of the more expensive versions.
In terms of price, however, the homemade version usually winds up being comparable in price to that cheapest version. This isn’t always true, as there are some homemade items that end up being che… Read More
There is more to running a successful business than you might imagine. For example, perhaps you are now managing a brick-and-mortar office space. However, have you ever considered making yours a remote company as well?
Many in the world have not yet wrapped their heads around the fact that it is possible to run an entire company successfully from the comfort of one’s own home.
Are you one of these people? And are you now grappling with the idea of successfully running a remote company? Then read on.
Look No Further Than the Internet
Technology today gives us all the gateways we need to make money. This is true whether we’re working on our own or along with a team of people with distributed responsibilities, all from our homes. Those of us who work this way understand that we can be sitting in our pajamas while being on an international business call. However, we also understand what it ta… Read More
Choosing a country to live in as an American isn’t easy in the least. There are countless things to consider, such as language barriers, currency values, cultural differences, diplomatic issues,… Read more »
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Many people purchase franchises because of the uncertainty that comes with business start-ups. It’s more or less true that establishing a brand from scratch is more work than picking an already established brand. Therefore, when investing in a franchise, you, as the franchisee buys the rights to market and distribute the company’s products and services and use the business (franchisor) name for a fixed period. Although this involves buying a proven business model, you still need to consider the following before investing in a franchise. Investment Needed A huge portion of your initial investment in a franchise mostly goes to
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