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Why You Should Start a Service Business Midst a Recession
Black Belt Startup with Feras
34 minutes
7 months ago
Why You Should Start a Service Business Midst a Recession
When the economy dips, big business hits the brakes.
They slash budgets, lay off talent, and pause R&D.
This retreat creates a massive opening for nimble entrepreneurs.
Service businesses, in particular, are perfectly positioned to take advantage, with less risk than product-based businesses. Why?
Because service businesses come with:
• Lower startup costs
• Faster path to cash
• Flexible offers that meet shifting demand
• The ability to serve recession-proof sectors like healthcare, education, and financial advisory, among others.
In this livestream, I’ll share how you can turn this uncertainty into your biggest entrepreneurial opportunity.