8 business tips on how to start a business during a recession
Tip 8: Plan for the long term: While navigating the immediate challenges of a recession is important, it's equally crucial to maintain a long-term perspective. Develop a resilient business plan that accounts for various economic scenarios and outlines strategies for sustainable growth beyond the recession. Focus on building a strong brand, nurturing relationships with stakeholders, and investing in innovation to emerge stronger and more resilient when the economy rebounds.