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hungryThe number of unemployed people across the world has reached unprecedented levels. The unemployment rate in the Developed Economies and European Union jumped to 8.4 per cent in 2009, up from 6.0 per cent in 2008 and 5.7 per cent in 2007. Even in Colorado Springs, many people in many states are experiencing difficulty locating good job opportunities. This phenomenon is not limited to basic level jobs - people at all levels are being impacted.
Senior level professionals are dealing with an interesting problem. After many years of dependable service and climbing the company ladder, they are being let go and having to start all over again. To complicate things, quite a few are discovering that businesses are promoting younger executives to lower paying middle management jobs and assigning the same duties that a VP used to take care of. Many individuals in this scenario are forced into three choices - obtain a low paying job to make do, stop working or launch their own company.
One good thing is that opening up your own firm happens to be a tremendous way to create wealth. And nowadays it happens to be less difficult and less costly than in the past to get into business. As smaller, lighter and more efficient systems, components and construction methods emerge, the expense of launching and owning a small business will continue to decline. But if you go it alone you will probably end up being a statistic - one of the 5 out of 10 non-franchised startups fail within the first five years due to lack of capitalization. One company, PBA has created a service to match senior level executives with the right entrepreneurial venture.
Personal Business Advisors</a>
Personal Business Advisors helps countless VP level executives move from a corporate work environment to self-employed consulting, small business and franchise ownership. PBA has more than one hundred trained and expert Senior Advisors that work one-on-one with executives to understand their requirements, likes and dislikes, abilities and desires. Their business specialists and corporate associates work to find and select ventures which suit the desires and parameters defined by every individual client.
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