Entrepreneur Plus - Short White
For Subscribers

How to Prepare Your Product Business for a RecessionIf you're a product-based business and nervous about a potential recession, this is how you should prepare.

ByKatie Hunt

Opinions expressed by Entrepreneur contributors are their own.

Have you ever gone through a severe weather warning? Whether it was preparing for a blizzard, a hurricane or maybe even needing toilet paperduring a pandemic, the panicked rush to the local grocery store is a sight to behold. Shoppers frantically drive carts and carry bags piled with canned goods, paper towels, toiletries, batteries, water gallons, pet supplies and so many "essentials." The checkout lines are swarming, the urgency of the situation creating an "every man for himself" mentality.

It's chaos preparing for potential chaos.

This is a subscriber-only article. Join Entrepreneur+today for access

Editor's Pick

Related Topics

Business News

Beyoncé's Request to Fans Sparks a Surge in Sales for Small Businesses, Turning Side Hustles Into Major Money-Makers

Beyoncé encouraged concertgoers to embrace silver attire, aiming to create a collective "shimmering human disco ball" at each show.

Business News

America's Largest Private Employer Is Reducing Starting Pay for New Workers. Here's Why — and What It Means for Retail.

Most new hires will now earn the lowest possible hourly wage for their respective store, unlike when they previously had the potential to earn more than other store workers in certain roles.

Business News

Dangerous Plane Incidents Are Skyrocketing. I'd Know—I Just Went Through 3 in 1 Day

I survived three airline disasters in one day. This is what happened on my terrifying journey across the U.S.

Business News

“这是尴尬的ssing and I Feel So Bad': Jimmy Fallon Apologizes to Staff Following Bombshell Allegations of Toxic Work Environment

"The Tonight Show" has not aired since May due to the ongoing Writer's Guild of America strike.

Business News

'I Don't Appreciate What You Do to Small Businesses': Pizza Shop Owner Goes Viral After Bad Barstool Review, Says Business Is Booming

Dave Portnoy's pizza review of Dragon Pizza turned sour when the owner called out the Barstool owner in a new viral video.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.