Bad Times Ahead?

Stay lean from the start...just in case
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Entrepreneurs tend to take on extra expenses when times are good, but this can sink you if recession strikes. Look out for over-reliance on high-priced professional advisors, products that don't carry their weight, and even marginal customers you'd be better off without. Also think twice before adding expenses that may be hard to cut, such as employees.

More from Entrepreneur

Dustin's experience and expertise can help you monetize your message, build a marketing strategy and connect with influencers.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur