In recent years, the global economy has been anything from steady, and mainly since COVID broke out, it has been rife with volatility. It has been a swift transition for many due to the severe demand and supply shocks caused by the epidemic and the more recent inflation problems that have afflicted the global economy. The recent fickle nature of the business cycle has put many enterprises in challenging situations. This has earned the name ""economic whiplash"" over time.

Small companies are more likely to suffer more severely from the effects of economic whiplash. The only businesses that won't be affected are fully automated ones.

When that happens, and the world's economy formally enters a recession, this advice will only help recover and redistribute money that might not be utilized. However, this does not imply that these difficult circumstances will become any easier. No matter what a firm does, some issues will remain because they are controlled by entities beyond the power of any person.

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