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Nine Tips for Downturn Entrepreneurs

Stock quotes in this article: FDX , MSFT , HPQ , AAPL , M , JWN , AXP  

What do FedEx(FDX Quote), Hewlett-Packard(HPQ Quote) and Apple(AAPL Quote) have in common? They launched during recessions and became hugely successful.

If you're unemployed and always dreamed of being your own boss, it might seem like a good opportunity to start a business. But before you get started, be sure to do your homework.

Study the market: Look for products and services that more established companies aren't delivering. Big firms are more likely to be distracted by the economy, opening the door for a startup to take market share. ...

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