5 Tips to Prepare for the Next Economic Recession
Construction Business Owner
JANUARY 14, 2020
5 Tips to Prepare for the Next Economic Recession. Elizabeth Manning. Tue, 01/14/2020 - 11:17. During the Great Recession, small contractors (companies under 10 employees) failed at a far higher rate than non-construction businesses. Big businesses like banks and car manufacturers got the most publicity. However, given the 200,000 business failures, the almost complete collapse of profitability and the immeasurable human cost—our industry was at ground zero and will be again in the next recessio
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