RECESSION - FALL 2019
Is buying a small business at this moment in time a bad idea? A recession appears to be right around the corner.
Is the smart move to hold water for 6-to-12 months, let the recession hit and then seek to buy a company once prices come down? I'm also concerned about putting 90% debt on a deal via a SBA loan and then having a recession hit... feels like servicing the debt could become a challenge.