“Many companies’ first instinct is to try to cost-cut their way through a downturn. Business growth during a recession calls for working with less and working smarter to remain competitive.”
In this March 11th, 2021 article, the author discusses strategies for promoting business growth during a recession, emphasizing the importance of adapting to economic uncertainty. The piece outlines that while economic downturns are natural parts of the economic cycle, with GDP contracting for at least two quarters during a recession, businesses can still achieve sustainable growth by employing effective and adaptable techniques.