Opening a new business in a flat or problematic economic environment can be difficult but potentially lucrative. If you can establish and build a company in a recession, then you're in a good place to take advantage of future growth when financial conditions improve. Some auto sectors work well in these environments. While consumer-led businesses can be hard to build when people have to reduce their spending, commercial companies such as fleet maintenance operators can thrive in even a depressed economy.
20 July 2023