Even when business is going well, its important to prepare for a fall. Warren Buffet’s advice is covered within this article, urging those currently in thriving business ventures to not forget about the “long-view” of things. Buffet reminds others of the statistics and possibilities of recession and how to prepare yourself and your business to survive recession. He urges readers to eliminate problems within their business model now that would adversely effect business when clients become more scarce. His advice is to prepare now for possible storms ahead.
Read more: Warren Buffet Reveals What You’re Doing that Will Sink Your Business in the Next Recession
