Preparing for 2008

The 2008 economy is going to be rough. Hail storms of problems may make you want to run for a canvas tent, or even a bomb shelter. So how can you prepare for the new year?

Alan Greenspan said we would enter an Age of Turbulence between 2010 and 2011, when baby boomers begin retiring and straining government financial systems. I believe the Age of Turbulence is already here. On the same day Greenspan gave that prediction, a Phoenix entrepreneur announced his new business: an auction website for nurses, where they offer their professional services to the highest bidders--namely, hospitals. He was swamped with calls from nurses. more

Take Your Pink Slip and MAke the Best of It

When your employer tells you to pack your luggage and hit the road it is a bad day, or is it? For many getting fired can be devastating, but it may just be the best thing that ever happened to you. I know from experience that getting laid off many times has really changed the way I think about earning money. I decided long ago that putting my job security in the hands of people that can take it away as fast as they gave it to me wasn't going to work. I just didn't want to have to worry every year about losing my job because the company I work for wasn't able to manage its employees well enough to provide them with any sort of security.

Inc.com writes an article about how turning a bad situation into a great one. Harry Potter creator J.K. Rowling and other entrepreneurs launched successful ventures only after losing their day jobs. Who knew getting fired could be a great career move? Read more here.

Top 10 2008 Franchises

Every year Entrepreneur.com puts together a list of what they deem as the top 10 franchises of the year. Other than being great link bait, the Top 10 2008 Franchises is something intersting to take a look at just to see some of the trends going on in small business. Be it something like a discount store you can see when you click here, or a Domino's Pizza franchise the list is decent.