[PDF][PDF] The misconception on small business survival during economic downturn
EOI Lucky - Advances in Asian Social Science, 2012 - core.ac.uk
Advances in Asian Social Science, 2012•core.ac.uk
Although, SMEs have been seen as an indispensable tool for economic recovery, however
many still belief that small businesses do not survive during economic downturn.“This is a
common misconception that is not generally true. Solidly run small businesses actually hold
their own during downturns”. As a result of this, the paper explores the small businesses
survival during economic downturn. Finally, the paper highlights some measures that could
assist the small businesses in surviving economic downturn.
many still belief that small businesses do not survive during economic downturn.“This is a
common misconception that is not generally true. Solidly run small businesses actually hold
their own during downturns”. As a result of this, the paper explores the small businesses
survival during economic downturn. Finally, the paper highlights some measures that could
assist the small businesses in surviving economic downturn.
Abstract
Although, SMEs have been seen as an indispensable tool for economic recovery, however many still belief that small businesses do not survive during economic downturn.“This is a common misconception that is not generally true. Solidly run small businesses actually hold their own during downturns”. As a result of this, the paper explores the small businesses survival during economic downturn. Finally, the paper highlights some measures that could assist the small businesses in surviving economic downturn.
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