7 Ways to Recession-Proof Your Small Business during an Economic Downturn

Photo credit: Nicola Barts via Pexels. Article by Becky Brown. KCSourceLink – May 19, 2023.

Have you heard talk about a recession or an economic downturn? According to the National Bureau of Economic Research, a recession as a significant decline in economic activity. This decrease is spread across the economy and lasts more than a few months. The good news is that most recessions are brief. The not-so-good news is that even a few months of an economic downturn can be devastating for small businesses. But back to the good news: You can take steps to recession-proof your business. And the time is now. […]

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