A recession is a global phenomenon that affects every industry in some way. This can be hard for businesses to plan for, as you must be prepared for all what-ifs in your business model and finances. Even if you aren’t directly affected by the recession, it’s still important to keep an eye on how it affects other industries and what it means for them (and their customers).
There are many ways that recessions affect small businesses.
Continue reading 7 Businesses that Do Poorly During a Recession at StartUp Mindset.
from StartUp Mindset https://startupmindset.com/7-businesses-that-do-poorly-during-a-recession/
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Joseph Odierno Buffalo 
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