So Much for Being a Fear Mongerer
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I think that you will find that this is a surprisingly lucid analysis that leads us to the conclusion that there is a small business recession headed our way. I had wished that we would not have to deal with this sad fact but it is worse than if we simply decided to forget about it.
Here’s a list of 5 outside the box concepts about small business recession:
- A recession is quite likely in 2008
- A small business is likely to be impacted by a recession
- The idea that there will be a recession does not have a lot of popular appeal in the business world
- Surprisingly, making money during a recession may be quite practical if one is prepared
- Being prepared for a recession isn’t fear mongering, it’s good business
Small businesses are just inherently more risky. They will take the majority of the blows from an economic downturn like a recession.
Why is it that I perhaps oppose these self-proclaimed experts who say that there won’t be a small business recession in 2008. They may not be too amazed by small business recession but, the bottom line is that they’re trying to appease and sooth large institutional investors and not the common business person. As best as I can tell I, what I perceive about in relation to what they have mentioned is that they, in practice, don’t comprehend that a severe recession is likely in 2008 due to the credit crunch. It is a sad commentary how a writer can miss an amazingly simple issue like this.
They may be right, pointing out that there is a economic recession in the offing is fear mongering. But I have to buy into this idea. If there is only one thing I can say to those who say that this is fear mongering it is this: They have missed the boat on this one.
I can urge you to look at what this highly capable author is saying and to seek clarity in what my detractors may be grousing about when it comes to small businesses and recession. There are an amazing amount of beliefs on this train of thought.