$100,000/YEAR RECESSION-PROOF BUSINESSES
Some businesses seem to strengthen in times of recession. When
the economy starts to slow, people start looking around for ways
to cut back on expenses, and they give up the frivolous items in
favor of the basics.
Despite the recession, the health care industry is swelling with
opportunity. Health care is more expensive than ever, and the
health care community provides more services than ever. And, as
the baby boomers age, the market promises to grow ever larger for
products and service that help people live longer, live more
comfortably, and live more enjoyable in old age. While you may be
likely to come up with some astounding new medical breakthrough
in your garage, you may be able to profit from by establishing a
delivery service or selling health care products that will
generate hefty revenues.
As we said, people don't cut back on their intake of food just
because a recession is underway. Instead, they will cut back on
the fancy stuff and take a renewed look at how the basics can be
made to satisfy their need for variety. A fresh fruit and
vegetables always look good. If you have at least a small plot of
land you can grown enough food to make a surprisingly good
living.
Death is another part of the life cycle that isn't going to stop
for a recession, and a well-run funeral parlor will weather the
economic storms.
Debt collection is another area that remains steady in good times
or bad. If you like telephone work, you can develop a clientele
that will rely on you to collect on overdue bills through the
courts.
Plumbing, electrical, roof repair, termiting and other vital home
repair functions will continue to thrive in periods of recession.
If homeowners put off maintenance and repairs, it only means that
ultimately they will pay a higher price for a greater amount of
work.
In bad times, there are always ways to thrive, if you are
perceptive and agile. Never feel that because a recession is
under way that there are no opportunities open to you.
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