What are some of the business survival / growth tactics you are using in this recession?

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I don't remember where I heard this, but in a recession like this, a startup's main focus should just be to survive. By just surviving you are beating the competition as many startups will fail.

I think the key is in intelligent hiring... Companies shouldn't over hire or under hire. The management has to understand that people's lives are not a joke!

I think Sustainable growth and innovation is the way to go about it. This can also be an opportunity, where most of the companies will be struggling just to survive.

Forecast showed that this year, more companies will opt to hire project-based talents. That's one key to save cost. I found Wizly to be super helpful on this.

Try to create small souces of income like small SaaS, Service in one niche, Sell courses or guides and your existing business. So you can survive the recession if you have multiple channels of income. It doesnt have to be in hundreds of thousand dollars small income matters

Be extremely frugal and save money wherever possible.

Just thinking about the possibility of automating or improving other processes. Often, software or equipment can replace a lack of manpower, or improve efficiency. For example, for my chain of bars, I purchased block ice machines, which help me save a lot of time on preparing ice for drinks.

divide the service I provide into small sections. it really helps with customer growth since it lowers the price threshold.