Nearly every business felt the impact of the last recession. Sometimes there’s just no escaping it. The root causes of the last recession were universal and had a domino effect.
Inverted yield curves, sluggish stock market and trade wars, there is no certainty that the United States is headed for a recession, but there are enough clouds on the horizon to make small business owners nervous.
Small businesses often don’t have the financial reserves of a big corporation and will find it rather difficult to weather an economic downturn. But there are steps you can take to prepare for a recession and ways in which you can survive a recession.
BMI Capital, your source for investment opportunities, offers ways in which your small business can better weather a recession.