
Buying A Business In An Impending Recession
David C Barnett Small Business and Deal Making M&A SMB
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How to Choose the Right Surfboard Shop for Your Business
Think of the difference between tire shops and more discretionary types of products. If you're going to buy a surfboard shop or any kind of super discretionary kind of thing, which one is going to have the best opportunity of doing well in a recession? It's going to be the surfboard shop that dominates in some aspect of the market. And so when you're shopping for that business, you want to ask yourself, how is it going to perform in a recession?"
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