Small Business: Launching in Bad Weather
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Recession-proof your startup
Starting a business in the best of times takes guts. Starting a business in a recession? You may not be as crazy as your friends and family think you are.
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- HOW THEY DID IT
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Recession success stories
Three local companies launched during tough times and beat the odds. Here are their stories.Read more
- INTREPID SOULS
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Meet a few who've made the big leap
These fledgling entrepreneurs launched their businesses in the past year, just as the economy was showing signs of unraveling. What advice can they offer?Read more
Lessons from my father
My dad, G. D. Crain, the founder of Crain Communications Inc., started Advertising Age in the beginning stages of the Great Depression. He thought it might have been an advantage to start up in the worst economic downturn in our country's history.
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They worked it
Some of America's most famous companies began during recessions, depressions and bank panics. Here's a look back at the breakthrough moments for a handful of entrepreneurs whose startups went on to become corporate icons.
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3 reasons to start now, and 3 caveats
Arsen Avakian recalls sitting in front of his first shop on the corner of Armitage and Sheffield, chatting with passers-by. "People would literally say, 'Who are these idiots that are opening a tea shop in Chicago? And across the street from a Starbucks!' "
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Launching now? Protect your personal assets first
Entrepreneurs are exposed to financial risks rare to those who spend their careers in someone else's employ. CPA David Malin explains how aspiring entrepreneurs can protect their personal assets.
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Chase tops Crain's SBA lender list
Crain's updates its annual list of the area's largest SBA lenders. J. P. Morgan Chase & Co. leads in the number of loans, 848, and total loan value, $54 million.
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Photos: Coolest Offices 2008
Take a look inside some of Chicago's coolest offices and most inspiring work spaces.
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