At the time of this writing, the United States economy is in a deep and prolonged recession. If we've learned anything from past financial slumps, we know that unemployment soars during these periods as businesses close doors or cut costs to ride out the rough times ahead [source: NPR].
During recessions, job security becomes the number one priority as workers flock toward so-called recession-proof businesses. Recession-proof businesses are traditionally defined as industries that either thrive during rotten economic times or at least survive unscathed.
The global financial crisis of 2007-2009, however, rewrote the rules about recessions. Many economists are now saying that there's no longer such a thing as a recession-proof business. The best that employees can hope for is a recession-resistant job
Every sector of the economy is going to take a hit as consumers slash spending, banks freeze credit and governments scramble to find a solution. The trick is to figure out which industries will weather the storm better than the rest.
The key to job security during a recession, experts say, is to find a career that shows long-term growth potential, is immune from outsourcing and isn't tied to the fickle tastes of consumers [sources: Burt].
Then again, what do the experts know? As you'll see from the first item on our list of 10 recession-proof businesses -- listed in no particular order -- changing consumer tastes can result in "sweet" profits
1. Start a Foreclosure Cleanup or Property Preservation Company!
Foreclosures are everywhere! With a slowing economy, the sub-prime meltdown, rising interest rates and rising unemployment there have never been more foreclosures in history
than there are right now! According to most news reports this trend will continue over the next 3 years. There has never been a better time to get into this lucrative business. Government agencies, Banks, Lenders, and their Representatives are in need of trained people, like I can teach you to be, to cleanout and maintain these foreclosures and help get these properties ready for resale. As foreclosures continue to rise, with no end in sight, there is a need for more and more trained people to maintain them. Take a look at the following Associated Press story:
Scarcity Of Jobs Puts More at Risk of Foreclosure
1 in 10 Homeowners With a Mortgage is at Risk of Foreclosure as Unemployment Remains High
WASHINGTON (AP) -- The jobs crisis
is putting more Americans at risk of losing their homes. One in 10 households has missed at least one mortgage payment, and more than 2 million homes have been repossessed since the recession began. Few expect the outlook to improve until companies start to hire steadily again and layoffs ease.
"Ultimately, the housing story, whether it is delinquencies, homes sales or housing starts, is an employment story," said Jay Brinkmann, the top economist for the Mortgage Bankers Association. Just under 10 percent of homeowners are delinquent on at least one mortgage payment as of June 30, according to a quarterly report on delinquencies released by Brinkmann's trade group. That's more than double the level before the recession.
The percentage of mortgage borrowers receiving foreclosure notices did fall slightly from the previous qua
rter, the first drop in four years. And the percentage of loans receiving their first notice of foreclosure also dipped. But many experts say the situation is getting worse. July was the worst month on record for new home sales and the worst in 15 years for sales of previously occupied homes. The supply of unsold homes on the market keeps getting bigger. At the same time, the growing number of foreclosures keeps pushing down home prices and scaring potential buyers and sellers from the market. More than 2.3 million homes have been repossessed by lenders since the recession began in December 2007, according to foreclosure listing service RealtyTrac Inc. And 6 million more will be lost to foreclosure over the next three years, by some estimates.
Posted August26, 2010
forecloures clean up
2. offices cleaning businessThe fear of not earning enough money keeps many people from starting their own office cleaning business. Another common fear is that unless they work for someone else, they will have no real security.
But natural entrepreneurs know that money flows when they, not anyone else, are in charge of their own destinies. My partner Ev and I discovered that we actually earned more money and gained genuine security when we started an office cleaning business.
Instead of giving in to fear, we got motivated and put our efforts into
designing our lives the way we wanted. Instead of
allowing somebody else's dream guide us in a so-called "secure" professional direction, we let our own dreams guide us. We started to make some key business decisions that made sense for our lives. Now we earn great money and we're achieving real security, all because we started a cleaning business of our own.
We started our office cleaning business over nine years ago. Although our schedules are now full of other more creative commitments, we continue to clean offices because the flexible schedule gives us the free time we need to pursue our personal goals, and we like getting paid real well, real often, for real easy work.
When I first joined Ev as he started an office cleaning business I had no idea what I was getting into. I loved the idea of being my own boss, but cleaning had always seemed like drudgery. Ev guaranteed that cleaning would give me time to spend the way I wanted. Since I was ready to take charge of my life, I decided to try it.
2. offices cleaning businessThe fear of not earning enough money keeps many people from starting their own office cleaning business. Another common fear is that unless they work for someone else, they will have no real security.
But natural entrepreneurs know that money flows when they, not anyone else, are in charge of their own destinies. My partner Ev and I discovered that we actually earned more money and gained genuine security when we started an office cleaning business.
Instead of giving in to fear, we got motivated and put our efforts into
designing our lives the way we wanted. Instead of
allowing somebody else's dream guide us in a so-called "secure" professional direction, we let our own dreams guide us. We started to make some key business decisions that made sense for our lives. Now we earn great money and we're achieving real security, all because we started a cleaning business of our own.
We started our office cleaning business over nine years ago. Although our schedules are now full of other more creative commitments, we continue to clean offices because the flexible schedule gives us the free time we need to pursue our personal goals, and we like getting paid real well, real often, for real easy work.
When I first joined Ev as he started an office cleaning business I had no idea what I was getting into. I loved the idea of being my own boss, but cleaning had always seemed like drudgery. Ev guaranteed that cleaning would give me time to spend the way I wanted. Since I was ready to take charge of my life, I decided to try it.
I discovered that cleaning is not drudgery when you're getting paid well to do it. I also discovered that working in office environments is a pleasant way to make quick cash. We also clean houses where you have to deal with people. An office is more neutral territory. No one to have to talk to when you really just feel like focusing.
Best of all, I realized that through our diligence and excellent service, Ev and I have provided genuine job security for ourselves all along.
Why do we think starting an office cleaning business is a great idea? Here are 7 reasons why:
1. Unlimited income potential
You can grow your office cleaning business as big as you want. Many recent entrepreneurs have built up their office cleaning businesses up to 100k a year within one year. Try that with a JOB (just over broke). Cleaning franchises are booming nationwide, but franchises are a bad deal for the want-to-be professional cleaner. You go massively into debt before you even get started. Franchises are highly appropriate for oil lube shops and Internet cafes because those are expensive and complicated businesses, office cleaning is not.
2. Start bringing in money within two weeks
You can discover interested clients within days. You can be giving quotes within a week. You can have jobs by week two. You can have a full-force office cleaning business within a few months.
3. Start on a shoestring budget
You can start an office cleaning business for well under $100. This business is one of the best for inexpensive start-ups. Believe it or not you can even start without a vacuum or a car. We did!
4. Be your own boss
Absolutely my favorite reason for starting an office cleaning business. My inner compass just tells me that being my own boss is taking me in the right direction. I'm sure you can relate. Nothing quite compares to the pride and excitement of calling the shots and being in charge of your own destiny. What is stopping you? Sure, you'll make mistakes, we all make them. But no one is going to scold you and you'll learn from your mistakes. Besides, as another entrepreneur once said, we have the most sympathetic boss in the world - ourselves!
5. Set your own hours
We love this aspect of starting an office cleaning business even more than being our own boss. We take days off when we want and as often as we can get away with. Try that with a JOB (just over broke). We find that we each work smarter instead of harder because we're able to tap into our natural sense of responsibility. When you're empowered to take charge of your own schedule you take more pride in the work you do.
6. Get paid everyday
This is my second favorite benefit. It's really cool. Every day we get at least one check if not several. You won't stress out about paying your bills on time. No waiting two weeks or a month to get paid. This makes your personal accounting system less stressful and a whole lot more enjoyable and even downright fun.
7. Start additional cleaning services
You can add in any of a dozen additional cleaning services to maximize your profits. You can grow your office cleaning business and start running crews - that's when you start to make the real cash! Or add on related businesses. Carpet cleaning, steam cleaning, house cleaning and plantscaping are all natural outgrowths of starting a cleaning business. You can mix office cleaning with house cleaning, or window cleaning with office cleaning, or for variety and more money, do all three.
Starting an office cleaning business may not be glamorous, but because we did it, Ev and I have gained free time to do what we want to do, lowered our stress levels, become more productive and happier, and we make a good living. For people with a sense of independence and a creative spirit, starting an office cleaning business is a wonderful way to
earn great money quickly and provide yourself with genuine security.
Best of all, I realized that through our diligence and excellent service, Ev and I have provided genuine job security for ourselves all along.
Why do we think starting an office cleaning business is a great idea? Here are 7 reasons why:
1. Unlimited income potential
You can grow your office cleaning business as big as you want. Many recent entrepreneurs have built up their office cleaning businesses up to 100k a year within one year. Try that with a JOB (just over broke). Cleaning franchises are booming nationwide, but franchises are a bad deal for the want-to-be professional cleaner. You go massively into debt before you even get started. Franchises are highly appropriate for oil lube shops and Internet cafes because those are expensive and complicated businesses, office cleaning is not.
2. Start bringing in money within two weeks
You can discover interested clients within days. You can be giving quotes within a week. You can have jobs by week two. You can have a full-force office cleaning business within a few months.
3. Start on a shoestring budget
You can start an office cleaning business for well under $100. This business is one of the best for inexpensive start-ups. Believe it or not you can even start without a vacuum or a car. We did!
4. Be your own boss
Absolutely my favorite reason for starting an office cleaning business. My inner compass just tells me that being my own boss is taking me in the right direction. I'm sure you can relate. Nothing quite compares to the pride and excitement of calling the shots and being in charge of your own destiny. What is stopping you? Sure, you'll make mistakes, we all make them. But no one is going to scold you and you'll learn from your mistakes. Besides, as another entrepreneur once said, we have the most sympathetic boss in the world - ourselves!
5. Set your own hours
We love this aspect of starting an office cleaning business even more than being our own boss. We take days off when we want and as often as we can get away with. Try that with a JOB (just over broke). We find that we each work smarter instead of harder because we're able to tap into our natural sense of responsibility. When you're empowered to take charge of your own schedule you take more pride in the work you do.
6. Get paid everyday
This is my second favorite benefit. It's really cool. Every day we get at least one check if not several. You won't stress out about paying your bills on time. No waiting two weeks or a month to get paid. This makes your personal accounting system less stressful and a whole lot more enjoyable and even downright fun.
7. Start additional cleaning services
You can add in any of a dozen additional cleaning services to maximize your profits. You can grow your office cleaning business and start running crews - that's when you start to make the real cash! Or add on related businesses. Carpet cleaning, steam cleaning, house cleaning and plantscaping are all natural outgrowths of starting a cleaning business. You can mix office cleaning with house cleaning, or window cleaning with office cleaning, or for variety and more money, do all three.
Starting an office cleaning business may not be glamorous, but because we did it, Ev and I have gained free time to do what we want to do, lowered our stress levels, become more productive and happier, and we make a good living. For people with a sense of independence and a creative spirit, starting an office cleaning business is a wonderful way to
some more cleaning businesses
these are the 2 best recession proof businesses out there. trust me ive spent thousand's of dollars into ideas. and where not even going to talk about the waste of days ,weeks,and even years ive spent learning business sulotion and ideas.
stay posted cause there more coming
