Opportunity abounds as the downturn persists

| Print |  Email
Articles - December 2010
Wednesday, November 17, 2010
1210_Deals01
STORY BY BEN JACKLET // ILLUSTRATIONS BY NICK GILLETT

The recession officially ended 18 months ago, in June 2009. But it sure doesn’t feel that way in Oregon. The job market is weak, the real estate market is in deep trouble, the foreclosure mess is far from cleaned up, banks are still wobbly and consumer confidence is understandably low.

But there are opportunities in this economy for those fortunate enough to be in a position to invest. Big opportunities. The housing market doesn’t look so bad if you are a buyer. Neither do the markets for businesses, land and technology upgrades. Even as the slump drags on in painful ways for some Oregon companies, others are exploring new markets with great long-term promise. “I’m more optimistic than I have been in years,” says Portland-based financial consultant Larry Willeman of Willeman Strategic Partners, who coaches CEOs on managing cash flow and investing strategically. “I’m seeing opportunities everywhere.”

There is no disputing that most Oregon businesses continue to wait for the sort of recovery that can bring the confidence to invest. But for those with the ability and mindset to find and exploit opportunities, it is a time ripe with possibility. Paradoxically, the more people who seize these opportunities, the faster they will start to vanish, replaced by new demand and competition, and the sooner true recovery will arrive.

But until that happens, here are five areas where opportunity is knocking and Oregon companies are answering the call.



 

More Articles

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Portland’s long-distance bike commuters

The Latest
Monday, August 03, 2015
Matt KellyresizethumbBY KIM MOORE | RESEARCH EDITOR

Pushing the extreme.


Read more...

Money Troubles

September 2015
Thursday, August 20, 2015
BY DAN COOK

The state’s angel investing fund gets hammered in Salem.


Read more...

Inside the Box

September 2015
Wednesday, August 19, 2015
BY GINA BINOLE

Screening for “culture fit” has become an essential part of the hiring process. But do like-minded employees actually build strong companies — or merely breed consensus culture?


Read more...

Business School

September 2015
Wednesday, August 19, 2015
BY AMY MILSHTEIN

Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.


Read more...

Reader Input: School Choice

September 2015
Thursday, August 20, 2015

Which of the following would be most effective in reducing the cost of operating a public university in Oregon?


Read more...

Downtime with Debra Ringold

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Dean of the Atkinson Graduate School of Management, Willamette University


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS