Boom time is over and there’s a recession on the horizon So is it time for aspiring entrepreneurs to hunker down and wait for the sun to come back out before starting a business

We all know that the credit crunch has made it much more difficult and expensive (in terms of deposits and interest rates) to obtain mortgages and other personal loans But there’s been precious little coverage, in the mainstream media at least, of the effect on raising finance to start a business, buy a business or buy a franchise