While it is impossible to know when or how extreme a recession can be, there are steps that wise business owners can take now in order to prepare their enterprise for leaner times ahead.

Coworking is a work arrangement where individuals or businesses share a common workspace. These spaces offer desks, offices, and amenities like Wi-Fi and meeting rooms. Coworking fosters collaboration, flexibility, and networking opportunities, making it popular among freelancers, startups, and remote workers seeking a professional environment without long-term commitments.