A friend of mine is starting a business selling Cupcake Towers. When I first heard what she was doing I thought, "Why would you want to start a business right now?" After further consideration, I realized that if you have a good product or service, now might be the best possible time to start a business. Here is why: There is less competition for workers right now so you can get good help for a reasonable cost. If you have a business idea that you can run on the side, it makes sense to start before you quit your day job. Technology has drastically reduced the cost of running a business. You can get a web store up for $20 to $40 per month (sometimes even less). If you want to … [Read more...] about Starting a Business in a Down Economy