Let’s face it… thing’s aren’t going to be easy for small businesses in the upcoming months.
Money is tight and spending is down. So how can you survive?
Economic recessions have been a major part of US history. They hit hard and leave the unprepared in shambles. Experts say a recession is negative real economic growth for at least two successive quarters in a year.
There have been 9 recessions from 1950-2000. They consumed 94 months between 1950 and 2000, accounting for 14% of the time in those 50 years. The average recession has lasted 11 months and some have made it as …read more

Even when the economy is going south, many people still start new businesses.
Of course, some businesses are more vulnerable to recession than others. For example, car manufacturers and auto dealers often suffer badly because buying a car is usually a longer-term decision. When times get bad, people tend to put off buying a new car as long as they can.
But there are some businesses that simply do better in a bad economy. Here are some that I thought of:

Pawn Shops
Auto Mechanics (If people aren’t buying new, they must be fixing the old one!)
 Credit Repair Companies
Collection Agencies
Movie rentals

What businesses do you …read more