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.

Any thoughts?



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