4 Ways to Prepare for the Next Economic Downturn Today
Economic downturns test the mettle of many small businesses. Those who normally enjoy comfortable profit margins are hard-pressed to stay ‘in the black.’ Some businesses cannot withstand the pressure and eventually close down. Whatever your situation, don’t fret… even the smartest businesspeople have suffered along with their customers when the economy slows down. It’s the degree of suffering which determines the good from the not-so-good businesspeople.