Hey guys so I will be starting a microgreens company here in the EU. I have very little competition in my area, and/but the populace here might not know enough about microgreens. I also have concerns regarding the up coming financial downturn. I believe it was said thats theres 70% chance the U.S stock market will crash in the next two years. Can you advise me on how I can start a robust microgreens company that can thrive during these recessionary times and also survive an economic crash?

I will have to take a loan to start this company. I believe I can start it with 50k euros. There’s two companies I know of that can provide me this loan, with one there will be 10% interest on the loan each year, up to 20 years repayment time, and I would need to start paying back immediately. And the other I believe its 2.5% with 2 years space before repayments have to start. With the last one my business idea has to be innovative to apply for it.

With the 50k I will buy the equipment and materials I need, rent the space I need for 1 year+, and be able to cover the loan repayment for 1+ year.

My main concern is how do I find clients and maintain them during this recessionary period till the possibly soon economic crash? I will focus on providing microgreens both to restaurants and direct to consumers.