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The Independent UK
The Independent UK
National
Ian Wilson

Going global: SMEs can survive recession with cross-border expansion

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With many economists and business chiefs at this year’s World Economic Forum forecasting a recession in 2023, small businesses already battling inflation, high energy prices and shaky consumer confidence will be feeling dispirited. While there’s no consensus on whether the next downturn will be shallow or deep, brief or protracted, a recession of any kind means businesses need to look at strategies to weather the months ahead.

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