Small Business Survival 101
October 16, 2008 by ShannonCherry
Filed under Business
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




