There is no escaping the fact that the economy will always go through a recessionary and growth cycle.  The only fact that changes in every cycle is the timing of when a recession starts, when the economy bottoms out and if the recovery is V shaped U shaped or a W and so on.  The same is true for growth periods, and the facts that change are how long the growth continues until it slows down and falls into a recession.

Now that we have agreed that recessions are unavoidable, let us see how a business owner can handle his or her exit in a recession.  I am sure some readers are thinking, why, should any owner sell a business during a recession, why not simply ride out the recession, wait for the economy to grow again and then sell the business.  Good point, but experience tells me it is not always that simple.  There are a lot of reasons, I can think of, but let me just cite a couple of them.

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