How To Start Popular Recession Businesses

Posted Sep 09, 2009 by rweigel12 / comments 1 comments / Print / Font Size Decrease font size Increase font size

This is an article on the pros and cons of 7 popular recession businesses.

1) Temporary Employment Agencies--The major benefit of starting a temp agency right now is that there are so many people unemployed, and so it will be easy to get workers; the main disadvantage of starting a temp agency right now is that there are so few employers hiring that will be difficult getting contracts.

2) Day Care Center--With both moms and dads going back to work full-time, starting day care center can be very lucrative right now. The primary disadvantage of starting a day care center is state licensing guideline which can be difficult sometimes.

3) Cleaning Service--It's a good time to start a cleaning service (whether residential or commercial) because of the low-overhead and high profit potential. The main disadvantage of starting a cleaning business is the hours: 5 p.m. until early morning.

4) Pet Sitting/Dog Walking--Pet Sitting/Dog Walking is a great part-time business venture that can net you up to $30,000 a year. The primary disadvantage: you're dealing with pet poop all day.

5) Debt Collections--Debt Collections is a thriving business right now because so many people are unemployed. It takes thick skin to collect from impoverished people so this is not a business for the sensitive.

6) Foreclosure Cleaning--Foreclosure Cleaning is considered the #1 recession-based business. The primary disadvantage is that you can lose alot of money if you give a bad bid.

7) Tutoring--In Home Tutoring is a great business venture with low overhead and high profit potential. It can be burdenson when you hear from angry parents whose childen still failed their class. I hope this has been helpful.

For how to books on some of the preceding businesses, check out the following links:

Foreclosure Cleaning
http://www.lulu.com/content/paperback-book/how-to-start-a-foreclosure-clean-up-business/7034497


Residential/Commercial Cleaning:
http://www.lulu.com/content/paperback-book/how-to-start-a-house-cleaning-business/7296497

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Comments

Faye
Faye said... on September 13th, 2009 at 10:53 PM

Great info, thanks.



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