Smallbiz Brainiac

Nine million people lost their jobs in the Great Recession, and over 150,000 businesses shutdown.  Create a plan for dealing with it before it happens again. I’ve spent 3 episodes teaching you what a recession is and what economic indicators you should be watching to signal danger. I’ve tried convincing you that we’re on the verge of another one, and that it’ll be worse than the previous “Great Recession”. You should certainly care about recessions because they have a very real impact on your business. You might have forgotten the pain caused by the last one. You might not have been in business back then, or maybe you weren’t even in the labor market. You might have been in school and oblivious to the effects. You might not like this subject or even believe we’re on the verge of another, more serious one. Regardless, recessions are a reality, and another one will happen. In fact, if we are still in the post Great Recession expansion, then its the third longest expansion in our history. On