Recession Business Ideas

Filed under: Management; Author: Les Bain; Posted: October 13, 2008 at 10:34 am;

What sorts of businesses are recession proof?  This is a random list of trends that might happen during a recession or depression.  There are some business ideas buried in there somewhere.

Get it Free or Buy it Used or Buy it Cheap

  • FreeCycle.com
  • Pawn shops, Thrift stores, Secondhand retail
  • Classified including online like Craigslist or eBay
  • Used Cars
  • Walmart, Target, K-mart
  • Fast Foods

Do It Yourself and Repair versus Buy

  • Auto parts companies.
  • Home Depot and Do It Yourself
  • Appliance Repair, Automobile repair

Reduce Transportation Costs

  • Bicycles
  • Mass transit
  • Online meetings (as opposed to travel) On24, Webex, Ustream, Chat Tools

Entertain yourself at home

  • TV
  • Rent a movie versus Go to a movie with Netflix and BlockBuster
  • Video Games
  • Comfort Foods

Escape

  • Alcohol
  • Chocolate
  • Internet
  • Role Play Games

Deal with the Stress

  • Meditation
  • Religion

Handle the tragedies

  • Vehicle repossession, bankruptcy lawyers, fix repossessed houses

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