• 1 Post
  • 3 Comments
Joined 1 year ago
cake
Cake day: November 14th, 2023

help-circle

    1. You’re correct. Some businesses thrive and even grow. Our business grew 10 fold during the shutdown as we were a retail grocer.

    2. I agree we are not in a recession… yet. But many businesses are struggling. The fact that discretional spending is starting to tighten up is a ominous sign that tougher times are on the horizon. It may be as simple as a few months of not overzealous spending or it could lead into a full blown recession. Who knows.

    My assertion was simply their business is struggling, and if you haven’t been in a downturn in the economy with your business it’s hard to give the advice you gave. It’s just simply put, not that easy.