Starting a home based business may serve as the modern day alternative to sudden unemployment. This is a bold strategy that can provide a financial bridge across the chasm of limited funds. Some families suffer financially because of the small payments from unemployment.
However, the savvy displaced worker may choose to work for home for themselves. Self employment eliminates the constant fear of not having a job. When corporations change ownership, or the company stock prices drop, the employees of the corporate entity are considered expensive baggage. In may instances, laying off a large number of workers is seen as a positive strategy by shareholders and Wall Street.
The company is designed to produce value for the shareholders first. Employees are sometimes viewed as a disposable commodity. The major consideration of corporations is the bottom line profit margins that are critical to the future of the company.
When individuals are forced into unemployment, they can take two roads.
Some individuals view this unfortunate state of affairs as temporary and
begin sending out resume trying to find the next company that may also
The second road less travelled is to seize the opportunity to make a permanent
change to the status quo of their lives and start a home based business.
A case of Corporate downsizing that affected an entire community is
the story of Hewlett Packard. Hewlett packard fired or reassigned over 18,000 of
its employees when the company purchased Compaq computers. Many of these employees were long term loyal individuals who intended to retire
from the company.
Another company that devastated its…[ad_2]
Sourced from by Ken Shorey