New Poll - What Is The Best Business To Start Up In A Recession?

[kamran]

Education is one since people go back to school to better themselves. Try online education specifically. DeVry and Phoenix Online are doing really well

Online is a good source of education but there are problems like understanding the course and many other things which a student can't understand when taking online courses.

[BLewis]

food.....

everyone has gotta eat right?

[hawksurfer]

I would tend to believe something in health care would do well.

[kamran]

Online education is cheap and affordable. As people who haven't enough time to take classes regularly so it is great opportunity for them to study online and increase their credibility.

[waylontx]

with the economy as bad it is,lots of loans are going bad as well.look for under,"looking for investors/partners",in the forums

[kamran]

with the economy as bad it is,lots of loans are going bad as well.look for under,"looking for investors/partners",in the forums

Yes you are right people take loan and not paying the loan in return, which should be stop and government have to take steps to take amount of loan back.

[kamran]

food.....

everyone has gotta eat right?

Lol! Is that mean you are not eating well. Isn't it?

[Scar Tissue]

Affiliate Marketing, networkmarketing?

People believe a recession is more a state of mind than an economic reality.

Read an article -McKinsey management consultant Matthew Brown says the people who made fortunes in the Great Depression had a different mindset.

“The Great Depression millionaires knew there was always money to be made,” Brown says. “Prior to the fall they reduced their expenses and saved. When everything crashed, they knew people still needed to buy things; that money would still change hands. So they moved in. And it’s happening again now.

“While many will suffer during this downturn, there will be others who make a tremendous amount of money. They have been positioning themselves all along to take advantage of this downturn.”

Harper says in a recession, small businesses must be willing to consider alternative markets for their product or service and alternative ways to get there.''

[webdesignguy]

I think the best type of business to start is a computer training school, or any other type of training especially if working with the unemployment agencies

[GlamGirl]

If you have the capitol, buy as much surplus as you can of a product that has a long 'shelf life', then resell it on the economic upswing, for example - pearls.

just a thought

[Scar Tissue]

That's true, recycling and eco-friendliness are two words gaining popularity across online business world. Green Eco-Friendly Gifts, green Skin care,green Eco-Friendly Baby products.....

[Warranties-For-Less]

food.....

everyone has gotta eat right?

Good point, and since the organic food market is exploding since all the e-coli recalls of last season, I expect this new concept to explode as well.

Imagine if you could have your own custom home garden without the home, perfect for the apartment dwellers or city folk as well. There is nothing better than fresh safe organic foods, and now you can earn it for FREE.

Watch the power point and register for FREE to reserve your garden and have our master gardeners do all the planting, weeding, feeding and watering, as well as back breaking cultivating, all without pesticides or chemical fertilizers.

Register, refer others, and your garden membership will easily be covered through the multi tier affiliate position. Stay tuned, this is going to be big and only 4,000 full gardens will be available this first year when launched.

Success to all,

[steve514]

Recession or not - Figure out what you enjoy doing, and then figure out a way to turn it into a business. Blogging is a great first step

[alisha34]

Hello to all

Some businesses actually do well during recessions; they're counter cyclical. For example, as both business and consumer debt mounts in a recession and companies need to collect every possible dollar they're owed, debt collection agencies, companies that specialize in repossessing items and bankruptcy attorneys are at their busiest.
If you're good on the telephone, probably the most feasible of this type of business is a collection agency. The American Collectors Association offers a CD-ROM that will provide you with some training, and you can either buy or lease collection-specific software from a number of companies

Thanks

[kamran]

Hello to all

Some businesses actually do well during recessions; they're counter cyclical. For example, as both business and consumer debt mounts in a recession and companies need to collect every possible dollar they're owed, debt collection agencies, companies that specialize in repossessing items and bankruptcy attorneys are at their busiest.
If you're good on the telephone, probably the most feasible of this type of business is a collection agency. The American Collectors Association offers a CD-ROM that will provide you with some training, and you can either buy or lease collection-specific software from a number of companies

Thanks

I think lots of business hesitate to invest during recessions. But risk should be taken, as higher the risk higher would be the profit. Without taking risk you can't increase your profit. What you think about it.