From shopping at the grocery store to filling up at the gas station, it’s hard not to notice the looming possibility of a recession nearly everywhere you go. With the threat of economic downturn at the forefront of people’s minds, opening a business may seem like an impossible feat.
Neighborly | Why The Home Services Industry Remains Recession-ResilientQualified candidates are postponing starting a business due to increasing interest rates, financing delays and volatile stock markets, and low unemployment coupled with high wages means candidates are less motivated to leave their jobs now. But believe it or not, a less-than-stellar economic outlook does not mean that your entrepreneurial dreams need to be put on hold.
For the home service industry, businesses can thrive even during a recession. Regardless of the economic state, homeowners will continue to invest in their homes, making Neighborly® and the home services industry at large rather recession r…