Recession Prep For The Organisation | Understanding Entrepreneurship | Ep. 85 Vusumuzi Ndhlovu

A time of general economic downturn, usually defined as a six-month (two consecutive quarters) or longer GDP contraction. Marked by high unemployment, stagnant wages, and dropping retail sales, a recession usually lasts no more than a year and is much milder than a depression. How does one prepare their company for recession? Listen to my thoughts on the recession topic.