Is now the right time to start up that small business idea you've had on your mind forever? It just might be as long as you're willing to make some good decisions.
In boom times, many people jump into a business of their own because they know they can jump back into a regular 9-to-5 job or return to their old career. In down times, people are afraid to start their own business because, if they fail, they won't have a job to fall back on.
In either case, the reality is without some solid research, a candid appraisal of your skills and resources, you'll likely fail in good or bad times. The answer to the question lies in making good decisions based on facts, figures and having the stamina and commitment to work through the start up phase of your small business idea.