Date Added: Jan 2010
It might seem counterintuitive to start a new business when the economy is in the dumps. But a recession can actually be the ideal time for launching a company. In fact, many well-known and successful organizations were born during an economic slump. Why do these companies succeed? Usually it's because the founders recognized a market need and filled it. Identifying that need - whether it's related to entertainment, travel or even streamlining how businesses operate - is the key to any thriving enterprise, regardless of the economic climate in which it begins. The following major corporations made it big during recessions by doing just that.