Under the current economic climate I would not suggest starting a small business or venture at this time. Unfortunately there are very few job vacancies at present so if you are being offered a redundancy package and have a business idea you would like to try then now is as good a time as any.
Three years ago family members wanted to start a business, selling fresh fruit bouquets, which seemed at the time one hell of a risk as the, so called, recession had just started. But they were determined to go ahead which is very normal once someone has the idea in their head to start a business. Now into their fourth year they are doing well with no debts and a growing client base.