Businesses told to brace for recession
Australian small businesses are being urged to focus on best and worst-case scenario planning to ensure they have the right framework in place to continue to operate through a recession.
A survey of nearly 500 Aussie small-business operators has revealed 62 per cent believe the severity of the current recession will be the worst the country has experienced in 20 years, with two-thirds planning to consolidate or cut costs as a result of the ongoing volatile environment.
Read more at MyBusiness.
