> If most businesses were structured in a way that a small decline in customers immediately puts them out of business […]
No business chooses to be structured this way.
That’s not what I was saying. I’m saying that we have small downturns where consumer spending drops yet those drops don’t result in crisis levels of small businesses closing. Which it would if most of them were structured like that.
That’s not what I was saying. I’m saying that we have small downturns where consumer spending drops yet those drops don’t result in crisis levels of small businesses closing. Which it would if most of them were structured like that.