[The Profit Frog]

Many micro- and solo-businesses were hit hard by the GFC.

We know, sadly, that many businesses closed, while other business owners had to make tough decisions re staff they hired, and services they could offer.

How did the GFC impact on your business?
What was the one most obvious effect from the beginning?
What have been the repercussions since?
Are you still picking up the pieces or have there been various government supports (like the Stimulus packages or tax cuts) that helped you avoid severe fallout?

I'd really like to understand whether the GFC was as drastic and harsh as made out by the media, or if it was highly over-dramatized.

Thank you.
Two Hands...