Whether there or not we are in a recession is open to debate but it wouldn’t hurt to prepare for the worst by looking at ways to cut expenses where you can without disrupting your business.

On the other hand, the combination of the recently signed Economic Stimulus Package and lowered interest rates present some intriguing advantages for the brave of heart. 

To help you with your planning and decision-making, MyVenturepad, the Social Media Today community sponsored by SAP, has put together a free web event with panel of experts, Barbara Weltman, noted author, radio star and small business advisor, and Moutray, Chief Economist for the Small Business Administration’s Office of Advocacy, taking place on Friday, February 22 at 1 PM ET (make your  lunch work for you!) 

It’s free, and the first 100 registrants will receive a free copy of Barbara’s book, J.K. Lasser’s Small Business 2008.  Live attendees will be able to ask questions directly of the panel.  Or feel free to comment here.