I want to start a business but I am nervous about the current state of the economy in the US. I know that there are often opportunities in every type of economy and certain types of companies can still flourish, but if the risk for failure is much higher then I’d rather wait.
I am unsure what to do because I don’t want my fears to rule my decision making here. Is this a bad time to start a business in the US?
It might be helpful to conduct a thorough market analysis, assess your risk tolerance, and consider a phased approach to mitigate potential challenges.