Internet Marketing Today » Global Economy http://www.stanhuddle.com what to do... Tue, 13 Jul 2010 02:23:15 +0000 http://wordpress.org/?v=2.9 en hourly 1 Closing In On 10 http://www.stanhuddle.com/archives/118 http://www.stanhuddle.com/archives/118#comments Sun, 12 Jul 2009 02:54:46 +0000 Stanley Huddle http://www.stanhuddle.com/?p=118 May’s unemployment rate was 9.4%, the highest it has been in 26 years. The federal stimulus funds intended to help create jobs have in fact only slowed the job losses. Despite the fact that there appear to be glimmers of hope that the recession will soon end, the experts all seem to agree that it will take quite a while for the job market rebound as well, and that double-digit unemployment is highly likely. Anyone who is threatened by unemployment should consider launching a home-based business in a recession proof industry.

Share/Bookmark]]> http://www.stanhuddle.com/archives/118/feed 0 The Global Economy and Online Business http://www.stanhuddle.com/archives/110 http://www.stanhuddle.com/archives/110#comments Sun, 12 Jul 2009 02:51:59 +0000 Stanley Huddle http://www.stanhuddle.com/?p=110 Today, many people have been affected by the failing economy in some way or another. Some of these effects include the fear of losing a job, one’s company going bankrupt, loss of employment, retail sales falling drastically and stocks going down.

During this economic downturn, everybody seems to be wondering what the next step is, and the answer to this question is fairly straightforward. The best thing to do during these rocky financial times is to start an online business. Of course, for people who have already lost their jobs, this is probably the best available option, and for those who are still working at a regular 9-5 job and are living in constant fear of losing a job, then this is a wonderful backup opportunity for you. In fact, starting an online business is probably the smartest thing to do in this time of crisis. There are a number of options for starting an online business. You can decide to start a small online business and put in some time into it after work hours to supplement your income and use it as a backup if you lose your job. The other option is of course, to work full time in your own online business where you will be able to choose your own work timings and keep all of the money that you have made.

It is a fact that most business are forced to outsource to Internet businesses to make up for the cutbacks and layoffs that the economy has forced them to make. Getting work done on a project basis allows the company to make a large saving by both not having to pay full salaries to an employee who is not working in between projects, but also save a lot of money on retirement plans and health benefits that they are forced to offer regular employees. Another benefit that companies get from outsourcing to online businesses is the ability to compare services and prices before making their choice of individual or business that they are willing to choose.

Apart from businesses, even shoppers are flocking to the Internet, looking for lower prices and convenient services. This not only allows businesses to cut out the middle men but also allows shoppers to benefit from the many additional services that online businesses are willing to offer.

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