Is it wise to start a business in a recession?
You can still start a small business during a recession. Many small businesses thrive in a recession when they tackle the right market with the right products. If you have no clue [...]
Is cash a king in a recession?
Yes. Stocks tend to fluctuate a lot in a recession. Thus, having a steady cash flow is the best bet.
Should I spend on marketing during a recession?
Yes, if you have the budget. When your competitors are cutting down on marketing efforts, the cost will go down. This enables you to get a better return on your spending.
What causes a recession?
Financial factors, the overextension of credit & debt, expansion of the supply of money & credit by the Federal Reserve & the banking sector, and unforeseen crises like wars and pandemics can cause a [...]