Is Recession a Good Time to Start a Business?
By siliconindia
Take Advantage on Credit Scenario
The suppliers will give you much better credit facility during recession. They will provide you raw materials at much cheaper rate or else a much more credit period to pay off your debt. Credit market in recession slows down and money circulation is done only because of necessity. It provides a chance of finding a winning situation that allows a better working capital be used for other necessary purpose.
