How to Control your Business during Recession?

Review and reduce your expenses: Look for ways to cut costs and reduce unnecessary expenses. This can include negotiating better rates with suppliers, finding more affordable ways to market your business, and streamlining your operations.
Focus on cash flow: Make sure you have a handle on your cash flow and take steps to improve it. This can include extending payment terms with suppliers, collecting outstanding invoices more aggressively, and finding ways to increase sales.
Diversify your revenue streams: Consider adding new products or services to your business, or finding new markets to sell to. This can help reduce your reliance on any one particular source of revenue.
Stay flexible and adaptable: Be prepared to pivot and make changes as needed. This might mean adjusting your business model, shifting your focus to new areas, or finding new ways to meet the needs of your customers.
Keep a close eye on your competition: Pay attention to what your competitors are doing, and look for ways to differentiate your business and stand out in the market.
Communicate with your stakeholders: Make sure to keep your employees, customers, and other stakeholders informed about what’s happening with your business. This can help build trust and ensure that everyone is on the same page.