What is a good small business to start during a recession?

Posted by admin
recession
neanderthal asked:


Former Treasury Secretary Greenspan said today America is due for another recession and that it would likely start the end of this year, 2007. During a recession, what kind of small businesses stand the best chance of making a profit AND in some part due to the recession?

Sylvia
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    • This entry was posted on Sunday, September 6th, 2009 at 3:41 am and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “What is a good small business to start during a recession?”

    1. HeismaN Says:
      September 6th, 2009 at 10:12 am

      Anything that deals with addictions, since you gotta have it. Example an alcohol and cigarette store.

    2. Carlton C Says:
      September 9th, 2009 at 1:10 am

      I would recommend starting a home-business that provides consumers with a necessity-based product and saves them money in the process. There are many legitimate business opportunities out there, but it will require a bit of research to find some that interest you.

      I feel sorry for the baby-boomers who are retiring without the benefits they were promised.

    3. dogsrspcl Says:
      September 10th, 2009 at 2:50 pm

      Selling used items.

    4. Mexico4me Says:
      September 13th, 2009 at 1:35 am

      I have a small business in health and wellness that caters in a large part to the baby boomers. Most of them are empty-nesters, have the most disposable income and are the most open to another stream of income. This is a business that is growing like wild-fire world wide, so you always have the option of working from the internet and getting customers who are not in a recession area. Many of the boomers are already retired, and their health is more important than anything. Health and anti-aging are fast becoming a trillion dollar industry, that’s where the focus is now.