The recent economic recession has effected every one, from big giant companies of Europe & America to small farmers in a small country of Asia, every one is having tough time when it came to profit generation & revenue maximization, the scenario is worst with SME specially, most of the established goods manufacturers closed their production units due to low demand, a number of companies cut jobs to balanced the internal rate of return while many of the banks undergoes a joint venture with others due to financial loss.
The most effected industry is insurance in this recession, similarly on the other hand the companies who are under the umbrella of strong insurance policies, they are the least effected. So in today’s scenario one of the ways to protect your business is to get a secure insurance policy. Interestingly according to surveys, food/ hotel business is the only one, which is slightly effected from this global recession, so you can also make some contributions in the FMCG industry as well.