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How To Start A Business In A Recession

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Executive Summary

A recession might seem like a risky time to start a business. However, there are aspects of the current financial climate that can help you. Here are some tips for starting a business in a recession. Buy raw materials cheap. During a recession, supplies and raw materials are often competitively priced. That is great news for you. Whether you are shopping for food and catering supplies, building materials or fabric and craft supplies, chances are you will be able to get a good deal. Shop around and haggle. Many businesses will be especially appreciative of bulk orders during a recession. Buying raw materials cheaply (without sacrificing quality) can help you to start a business during a recession.

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