Since mid 2022 we’ve been hit with news, that it’s 20% likely that by 2023 we would be heading into a recession by the end of the year. 53 days into 2023 and the probability of recession has already risen by 6%.

This isn’t the first recession we’ve had and won’t be the last, but for some business owners, it’s likely to be the first they may experience as a business owner. Now, as business owners we’ve been tested in recent times with the Pandemic, but will the recession we’re likely to have, resemble the struggles we had during the Pandemic?

This has prompted me to ask the question … If you’d been able to insure your business against the Pandemic, would you have?

And if so … Are you therefore preparing for the recession having been warned that one is likely? Let’s chat about this … A x

Key points throughout the episode ..

• What is a recession [02:45]

Relevant links mentioned throughout ...

The Small Business Cashflow Course   www.amybajada.com.au/sbcc