{"id":39138,"date":"2020-06-19T03:05:00","date_gmt":"2020-06-18T19:05:00","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=39138"},"modified":"2020-06-19T11:08:49","modified_gmt":"2020-06-19T03:08:49","slug":"why-now-is-the-perfect-time-to-start-a-business","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2020\/06\/19\/why-now-is-the-perfect-time-to-start-a-business\/","title":{"rendered":"Why now is the perfect time to start a business"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Been thinking of starting your own business for a while? While it may not seem like it, now is the perfect time to set up on your own.\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global pandemic has forced many people into unemployment. While many businesses may be reluctant to take on new staff right now, there\u2019s nothing stopping you going it alone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here, you\u2019ll discover why now is the perfect time to start a business.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You have lots of time to come up with a plan<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you have been made redundant or furloughed during the crisis, you\u2019ll have a lot more time on your hands than usual. When you\u2019re employed, it\u2019s hard to find the time or the energy to set up a business during normal times. So, why not take advantage of the extra time you have by researching self-employment?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You\u2019ll find a lot of <a href=\"https:\/\/www.startupdonut.co.uk\/business-planning\/coronavirus-help\/starting-a-business-during-coronavirus\">helpful advice online<\/a> for starting a business during the pandemic too. So, use your time wisely and start coming up with a plan today.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You\u2019ll face increased competition for job roles<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over one million people have found themselves unemployed due to the coronavirus crisis. This means there is going to be a lot more people applying for the same jobs right now.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This can make it really difficult to secure another job quickly. So, setting up by yourself is a great alternative. Also, you\u2019ll have access to a larger talent pool for your start-up due to the number of unemployed right now.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You can take advantage of funding<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In order to help businesses and start-ups, the government has set up a number of financial schemes. You may be able to get thousands of pounds to help towards funding your start-up.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even without government help, you can <a href=\"https:\/\/www.liberis.co.uk\/small-business-loans\">take advantage of small business loans<\/a>. Companies are still providing funding to businesses in order to help keep the economy going.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Some of the biggest brands started in a recession<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you want to start a business but you\u2019re scared of doing so right now, look at some of the largest companies for inspiration. Did you know many of the well-known brands you know today <a href=\"https:\/\/transmitstartups.co.uk\/getting-started\/coronavirus-start-a-business\/\">started in a recession<\/a>? Microsoft, Burger King and FedEx all started off in difficult times.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These are just some of the reasons why now is the perfect time to start a business. By setting up by yourself, you\u2019ll have the opportunity to achieve a better work and life balance.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By setting up by yourself, you\u2019ll have the opportunity to achieve a better work and life balance. <\/p>\n","protected":false},"author":6,"featured_media":39139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[215,2109,1646,772,920,5131],"class_list":["post-39138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinions","tag-business-analytics","tag-business-expansion","tag-business-intelligence","tag-business-solution","tag-business-solutions","tag-business-tips"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/39138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=39138"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/39138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/39139"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=39138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=39138"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=39138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}