Starting a food business during a recession
Posted by: Ryan on: 26 Mar, 2009
I just read a great article on CNN about starting your own business during a recession: http://www.cnn.com/2009/US/03/26/bregman.economy.entrepreneur/index.html
My favorite line in the whole article is the last sentence: “In other words, start a business in your kitchen with your sisters.”
We’ve certainly seen an increase in the number of people contacting us about starting a new food business - over 100% more than the previous year. A lot of people we are working with on new business launches are former director level/executives that have been laid off and would rather control their own destiny as opposed to trying the treacherous job market again. Of all industries to start a new business in, the gourmet/specialty food industry is pretty solid, as we have seen be rather recession-resistant - so the upturn in new food startups makes sense (to us, anyway).
Thinking of starting a new food business? Let us know!
