Sample Essay

This assignment had a question that whether it will be feasible to open up a new business and give up on a job in hand and the decision has been supported by economic reasoning that proves the fact that opening up of a new business is risky and not feasible in the current economic situation.

The assignment included six factors that were used to support the decision which include increasing job and a slow economy, credit crunch, small businesses are hurting, the economy has weakened, the financial crisis is bad and the economy will take time to improve. The factors prove that the situation is too bad and it will not be wise to give up on a job in hand and start a new business since the situation is such that lending standards have been tightened even more and new businesses plus small businesses are facing the economics crunch more than ever before due to the record breaking rates of the economic melt down.

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Essay: Economic Meltdown and new business
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