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Recession is inevitable – are you prepared?
Recently, many small business owners have been worrying about the next recession. We are currently in the longest economic expansion stretch in history that has lasted over a decade, and it is only natural for savvy entrepreneurs to question when will the next recession arrive.
The more important question is – are we prepared for the next downturn? Whether you are considering a sale of your business, or wondering if you are adequately prepared for a recession, consider the advice of Richard Eisenberg in his recent Forbes article:
Ways Entrepreneurs Can Plan For A Recession And Thrive During It