Muncie Star Press:
In a tough economy, when some businesses are closing due to rising costs and reduced consumer spending, others are opening or expanding.
Bucking a trend of business setbacks on the local, state and national level, a few entrepreneurs are seeing an opportunity.
Krista Branson last week opened Chameleon Salon and Boutique on West Jackson Street.
“I’m not intimidated at all,” Branson said. “It’s been my dream for the last 10 years. I’m not going to let the economy keep me from my dream.”
Businesses on a larger scale than Branson’s salon are likewise confident.
“Right now we don’t feel like we are hurting at all,” said Jim Jacob, general manager of Hampton Inn and Suites, which opened two weeks ago on Muncie’s northwest side. “In some ways, we will be boosting the economy. That’s what our goal is.”
Ted Baker, regional director of the Small Business Development Center, said the economy — which has taken hits in the past year because of rising food and energy costs and cautious consumer spending — might have generated a new wave of fledgling business owners responding to uncertainty among traditional employers.
“Entrepreneurship is alive and well right now,” Baker said.
Photo: Kurt Hostetler / The Star Press.
Subscribe 
So true.
Any time new problems happen, a solution is required. This means new opportunities for those who are willing to seize the moment and make it happen.
More super-corporations start during recessions than in good times. Probably because they’re forced to be more durable.