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23rd November 2009 - 21:09

You might want to consider franchising. A lot of young people, not ready to start working in the corporate world while things are still so volatile, are instead opening and running franchises of popular businesses. It lowers the risk that they run when they get in, but allows them enough freedom to operate themselves.

Another option is to start an internet-based business. With less overhead and a wider access to potential customers, it's sometimes easier to get started without corporate backing.

Finally, look into taking partners. You're not the only person struggling in this economy just out of school. Find people with similar interests and vision and start a business together.