Recession hit most small businesses. But of course, there are certain survivors that ace recession, even flourished!
The following is my shortlist of recession-resistant champs:
- Scooter and bicycle
The rising oil and gas prices do good to this business. Scooters are energy-saving vehicles, and bicycle, well, human-powered.
- Direct service to homes
Gas prices cause more and more people decide to less commuting. As a supply and demand thing, businesses saw the opportunities, and then offering services directly to the comfort of your home. Such business includes home shopping, hair stylist on-call, and many other business opportunities.
- Discount Store
A pressure on family budgeting causes people to shop for less. Even I heard about bartering!
- Online business
The make money online buzz is not a buzz anymore – it’s a reality that I predict will let people to ‘abandon’ their expensive-energy-consuming business toward work at home and location independence working lifestyle.
- Job Agency
Recession causes more and more people losing their job and business owners to close their businesses – all of them have an urgent need for steady income in today tough times. A job agency answers such high demand.
- Buy and rent back
Many people face foreclosures, and running a buy and rent back business will actually help them get out of debt faster, and allow you to own real estates at a lower price tag.
- Energy conservation and alternative energy
Small business that offer a smart way to conserve energy will see its sales rise in today’s recession. The recent energy conservation buzz, a device that allow to turn water into gas, will shoot the business owners’ sales to the roof.
Rising business overheads cause many businesses to downsize and turn to outsourcing – hiring virtual assistants, renting a virtual office, etc.
- Add your list here by commenting on this post :)
Short listing business opportunities