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No one should become a small business owner and expect it to be easy - that it will grow on its own with little or no effort while the owner sits back and relaxes. Owning and operating a small business takes more time and energy than most full-time jobs. A small business owner must be 100% dedicated to making it succeed, and this is in the best of times. When the country falls into a recession (like right now), even the most successful small business will feel the challenges of the rough economic conditions. Below, you will find helpful topic-specific advice that can help any small business owner weather tough financial times. While every business is unique, we present tips, techniques, and experiences from our SBDC business advisors (many of whom are small business owners as well). These can be applied to any type or sized business.
Download the Recession Survival Guide as a PDF
For more information, contact your local SBDC regional center.