What businesses will have the most problems during a recession?

[Shigobad20201]

In my own opinion, almost every existing business will have problem during recession , because there won't be enough money money produce goods and customer won't have money to buy.

 

[Bookwormlux1]

Small businesses are usually the ones that feel the heat of any recession that present at all, because they are still struggling to find their ground in the economy, especially the country is in a bad state.

 

[Sincerem]

Small businesses are usually the ones that feel the heat of any recession that present at all, because they are still struggling to find their ground in the economy, especially the country is in a bad state.

Do you think so ? small business may not really be affected because they deal with local product but what of large business organisation that deals with importation of products from another country ?

 

[Smiles20]

Businesses that has to do with luxury or extra time activities are going to be affected during the recession because people are going to want to channel their money into more important things.

 

[Robust]

Actually doing the recession period, I do not even take time to know which business suffer during the recession period because at that moment every one is thinking on how to survive.

 

[Shigobad20201]

There are many business that will surely have problem during the recession , any business that deal with people pumping in huge amount of money will definitely be affected.

 

[Heatman]

Well I dont think their is any form of business which will prosper during recession so to me all form of business suffer most during recession because this is a period of economic breakdown and lack of economic control by the government of that particular state.

You're right about that because there's no business that's going to be spared whenever there's a recession in the country's economy. The government are the one's who benefit whenever there's a heavy recession.

 

[Good-Person]

You're right about that because there's no business that's going to be spared whenever there's a recession in the country's economy. The government are the one's who benefit whenever there's a heavy recession.

The government in here is just making claims and they are doing nothing. Recently our finance minister released a report and he admitted that the GDP (Gross Domestic Product) of the country was quite low during the fiscal year. Let's see how they will handle the situation now.

 

[Heatman]

The government in here is just making claims and they are doing nothing. Recently our finance minister released a report and he admitted that the GDP (Gross Domestic Product) of the country was quite low during the fiscal year. Let's see how they will handle the situation now.

It is very unfortunate that they are going to keep on spinning the story in one way or another to always support whatever rubbish they are doing which in the end they will still end up not improving anything when it comes to given their citizens a better life.

 

[Mostee501]

Businesses that may have the most problems during recession are, automotive, hospitality and tourism, construction and real estate, financial services, manufacturing, advertising and marketing, luxury and high-end services. The impact of a recession can vary depending on factors like the recession's severity, geographical location, and industry-specific conditions.

 

[Heatman]

Businesses that may have the most problems during recession are, automotive, hospitality and tourism, construction and real estate, financial services, manufacturing, advertising and marketing, luxury and high-end services. The impact of a recession can vary depending on factors like the recession's severity, geographical location, and industry-specific conditions.

Personally I cannot think of any business that is not going to suffer whenever there is a recession in the country because it is something that is generally affecting the entire economy in which nothing is going to be spared.

 

[Good-Person]

It is very unfortunate that they are going to keep on spinning the story in one way or another to always support whatever rubbish they are doing which in the end they will still end up not improving anything when it comes to given their citizens a better life.

Well, there are certain countries that have been facing this problem for a really long time and this misery is not going to end any sooner. The fact of the matter remains that it is very common for many people to leave such kind of places where there is no chance for any improvement at all.

 

[Heatman]

Well, there are certain countries that have been facing this problem for a really long time and this misery is not going to end any sooner. The fact of the matter remains that it is very common for many people to leave such kind of places where there is no chance for any improvement at all.

Yeah that's very correct. It's why I'm always in support of moving a business to another country if it offers better chance of success. It's not business wise to keep being in stagnation with your business because you're in a bad phase.

 

[Good-Person]

Yeah that's very correct. It's why I'm always in support of moving a business to another country if it offers better chance of success. It's not business wise to keep being in stagnation with your business because you're in a bad phase.

Moving your business to a new country could be a great opportunity. However, you must make a market research and analyse the demand of your business in the first place. Do people like what you are offering? The economical conditions of a country should also be taken into account.

 

[Heatman]

Moving your business to a new country could be a great opportunity. However, you must make a market research and analyse the demand of your business in the first place. Do people like what you are offering? The economical conditions of a country should also be taken into account.

A wise person will not just wake up one day and decide to move his business to another country without conducting the necessary research and business analysis of similar products in that country so that he or she will know exactly what he's getting into.

 

[Good-Person]

A wise person will not just wake up one day and decide to move his business to another country without conducting the necessary research and business analysis of similar products in that country so that he or she will know exactly what he's getting into.

Sometimes moving a business could not be a possibility. The fact of the matter remains that such thing happens rarely many times. The fact of the matter remains that moving a business from one place to another place is a really hard thing to do, especially when you own a big business.

 

[Heatman]

Sometimes moving a business could not be a possibility. The fact of the matter remains that such thing happens rarely many times. The fact of the matter remains that moving a business from one place to another place is a really hard thing to do, especially when you own a big business.

As long as you can be able to evaluate all the possibilities of moving your business to another location which is most likely going to favour the business, I believe that it is the right call for you to do in order to ensure the survival of the business. Unless it is practically impossible for you to move the business then you don't have a choice.

 

[Good-Person]

As long as you can be able to evaluate all the possibilities of moving your business to another location which is most likely going to favour the business, I believe that it is the right call for you to do in order to ensure the survival of the business. Unless it is practically impossible for you to move the business then you don't have a choice.

You may need to think if it is actually possible to do so. There are many companies that are oriented towards local audience and it may be really hard for them to move their entire business in the first place, especially if they are related to a specific audience and sell traditional products.

 

[Heatman]

You may need to think if it is actually possible to do so. There are many companies that are oriented towards local audience and it may be really hard for them to move their entire business in the first place, especially if they are related to a specific audience and sell traditional products.

The target audience of your business is something that is always very crucial for the survival of your business and when moving your business to a different location. You need to make sure that your target audience are readily available in that country in order to push your business further.

 

[Grant]

That's a good question. I feel like small mom & pop shops will face the most problems. The ones that will do fine are probably going to be the big brand stores and restaurants/fast food joints. Any business that's in person at a place of work like an office or shop. The housing market is going to suffer a lot too.