In a study just released, and brought to my attention via M Booth And Associates in New York City, there is clear evidence of the impact of this recession on the world entrepreneur community.
The Organisation for Economic Co-operation and Development (OECD) wrote that;
shows that new and young firms have been the primary source of new jobs
in the United States over the past three decades," said Robert Litan,
vice president of Research & Policy at the Ewing Marion Kauffman
Foundation, which funded the study. "While business exits are a normal
part of a healthy entrepreneurial ecosystem, this study shows a
concurrent increase in exits and decrease in formation throughout OECD
countries as a whole. This should send a giant red flag to policymakers
around the globe to pull out all the stops to encourage and support
business startups so we can create new jobs and sustain a worldwide
A gentle tip from The Franchise King®:
Do not buy a franchise until you know EXACTLY how to do thorough research.
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By the way, it's Global Entrepreneurship Week.