3 Recession Proof Home Businesses
We are witnessing an economic depression, and it's scary as hell for those who are finding themselves out of a job or with a massive pay cut
. But still, most people stick to the traditional jobs and don't consider a home based business.A home business is actually more solid than a plain old nine to five... it's your company, your working for yourself, and you can put in however many hours needed to make it happen.
But what businesses prosper, even in an economic slump, instead of collapse like big companies? What can you start for little down that will keep you above water even through the worst of times?
Here is a list of the top three home businesses that will help you ride the tide of a depression
1) Health
Everyone gets sick, everyone needs something to make them feel better. And we are, first and foremost, a very health conscious nation. After all, organic food is one of the biggest and fastest growing sectors in the US today and the economic slump isn't even putting a dimple into it.
The best thing you could do is go into natural health products. Setting up a website from a template isn't very expensive, and you can work with wholesalers for the best products, and a payment plan so that you don't have to spend thousands of dollars to start.
To sum up, health care, especially natural health, is a big and profitable industry, and that's not going to change any time soon.
2) Computer Repair
Your average person isn't going to have the money to spend on a new computer, so they're stretching the life of their old ones as far as they can go. You can make a huge income helping them do it.
Working from a home office, with the right tools, you can easily compete with the big companies. Because they are dealing with a person and not some big company hidden behind a phone and internet systems.
Basic computer repair isn't difficult and advertising doesn't take much money at all. A few flyers, some brochures, and a few solid clients. Word of mouth will spread and that will do the trick.
3) eBay
You might not think so, but if eBay wasn't making money, it would have gone out of business a while back. Now is the time to start an eBay business, believe it or not.
People are selling things to grab a couple extra dollars. Garage sales are in full force, even in the northern areas. People are getting rid of whatever things they don't need to have extra money to pay for bills or food.
People are also looking for good deals. They want those luxury items, they just don't want to spend a lot of cash getting them.
So the trick here is to pick up cheap items from garage sales and store specials and sell them on eBay. You might be surprised as to what some people need and are willing to pay good dollars to have them.
All in all, the best businesses to start in a depression are the ones that have a solution to a basic need. Remember, you will always make money if you come up with a good solution to a problem. If that problem interferes with the most basic needs of a person, the more willing they will be to pay for it to disappear.
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