Is a Lay-Off the Right Time to Start a Business?
In this economy, with unemployment approaching historically high levels, many people are choosing to try their hand at running their own business. Sometimes this decision comes because they are unable to find a job, and other times it is something the person has wanted for some time and this just seems to be the right time to give it a go. Whatever your reason for considering this move, you should definitely give it serious consideration to be sure it is the right move for you. In many places, unemployment insurance provides some assistance with those who are recently unemployed, provided the circumstances of their unemployment fit within their guidelines. While the money that comes from unemployment is typically less than you made at your job, for most it is enough to get by for a while, even if it requires some belt tightening. However, if you begin to work at your own business, money you bring in from there will often be deducted from your unemployment payment. On the surface this m
