Replies

http://www.kval.com/home/related/40822922.html

“Should you start a home-based business? Answer 4 questions”

Story Published: Mar 5, 2009 at 6:14 PM PST
By Arrianee LeBeau KVAL News and KVAL.com Staff

EUGENE, Ore

http://www.msnbc.msn.com/id/29550641/

“Top 10 Reasons to Start a Business in a Recession”
By Brad Sugars

updated 9:00 a.m. PT, Fri., March. 6, 2009

http://www.galesburg.com/business/x792881765/Dave-Ramsey-Don-t-gamble-on-your-finances

Dave Ramsey: Don’t gamble on your finances

By DAVE RAMSEY
GateHouse News Service
Posted Mar 07, 2009 @ 04:51 PM
“Dave Says” —

SNIPPET: “Starting off

Dear Dave, My husband and I want to open our own franchise health club business. Currently, we have no debt and live in an apartment. We’ve also got about $70,000 in savings. Is a small-business loan the best way to get things started? — Kelly

Dear Kelly, No! Never go into debt to open a business. This is especially true in the health-club industry. Health clubs and gyms come and go like the wind. Besides, you can easily open one of these businesses without borrowing money or tossing it into a franchise deal.

A gym or health club is really like any other business. Start small, even if it means only a few pieces of equipment and a handful of programs in the beginning. If you go all out and finance dozens of the latest and greatest exercise machines, the debt will be like an anchor around your neck, and it will pull you under. Do you get what I’m saying here? It is absolutely vital that you do not borrow money to make this business happen!”