Well surprise surprise! Instead of whining and feeling low on how you will get up from the economic slump and thinking of ways to pay the bills and send the kids to school; why not get back to your old passion. Know what keeps you going and makes your heart content, something that even though you won't be paid, you will do it with all your heart and soul to perfect it. Remember that small business ideas fueled with pure passion is the start of all successful business and not even the economic fold up can collapse it. Besides you will have the full control of the propeller and will adjust it if something doesn't seem right. If you are thinking of how to finance those great business ideas, you could take advantage of the many federal and government grants offered in your state. There are also small business loans offered by private sectors which you could turn to for help. Moreover, if you have the positive spirit backed by a well-planned business plan you maywant to consider looking for a business partner. A business partner is someone who shares your same ideal and vision about making the business grow and got the right attitude and ethics for smooth transaction.
If you have the business idea, finances, business plan; then the next step is to your location and the small business marketing strategy you will need in order to reach your potential clients. We are already in the world of internet hence; you may utilize all these social networking sites to let the world know your product and services exist. No more expensive advertisements, you could also let your friends and relatives know and try your products and services and they will be the one to spread the news out there.
There are various small business resources out there and all you need is to act on them. There are many people who are willing to guide you with all the pertinent documents and other paper works you need to legitimize your business, just head on to your nearest business department in your state and they would gladly assist you.
Tough times doesn't mean end of your dreams, if you could only see this as an opportunity to grow and start something anew; who knows that being laid off from your corporate world is a blessing in disguise after all.