Top 5 Recession-Proof Businesses

In a recent poll involving 1,000 residents of the U.S., 65% said that they think that economic conditions in the country are worsening.  Nearly half have already cut back on their spending and almost 20% are apprehensive about the stability of their jobs.  Now that recession has finally landed, is there hope for businesses to thrive, much less survive?  If starting a business in these tough times is still an option for you, here are the top 5 recession-proof businesses you might want to consider:

Health care

Regardless of the times, someone somewhere will always be in need of good, professional health service.  This is an industry that has experienced some significant growth over the last few years.  And it doesn't show any signs of slowing down any time soon. 

If you have the resources – training, manpower and capital – becoming involved in a business that offers health services will assure you of a comfortable market.  Consider businesses that focus on offering affordable preventive solutions to people, alternative health care and home health.

Food and beverages

We're not talking about pooling your hard-earned money and starting a restaurant – although if that seems like a feasible thing to do, it just might work.  However, going into the restaurant business still has its risk – and a very high one at that. 

Instead, you might consider going into a food and beverage business by focusing on offering healthier fare.  These days, going into a recession is even a better excuse to eat healthy because it encourages people to cut down on their consumption and to avoid unnecessary purchases.

Consider alternative menus that are tasty and creative or specialized cafes and diners or even vegetarian eateries.  Concept plus good taste are usually the best ingredients to a successful recession-proof business.

Funeral services

Yes, this is a recession-proof business, morbid as it may sound.  It deals with an inevitability, which means you'll never run out of customers.  You could either get involved in selling services or offering related products.  Cremation, which has increased in popularity in the last few years, is also a good option.

Repair services

Repair services are also recession-proof businesses.  There will always be people whose kitchen sinks clog, whose airconditioning breaks down, whose roof starts leaking or whose car suffers from overheating.  What these mean is pure business opportunity, even when economic times seem shaky.  And even if potential clients try to delay much-needed repair, they will still come to you for help eventually.

A caveat: many, if not all, of these businesses require specialized training, skills and equipment.  However, once you have these resources, you'll have access to a recession-proof business that does not only offer a potential for high margins, it's also a venture that won't require you to wait too long for a return on your investment.  Provided your services are tops, it's likely that you could be in business for a very long time.

Online Business

It may seem surprising but starting a business online could help you tide the recession over.  Recession or no, people will always be looking online for ways to make money or save money.  Your business doesn't have to be an online store either, you can create content and drive traffic to your website by building a special interest website.  You can earn money from affiliate programs and advertising.  It can take time to build it up, but it could generate an extra income for you or even become your primary income.  You can even start a vlog (video blog) on YouTube.  Some YouTube vloggers do it full time from their home!  They earn an income from the advertising revenue generated by their content.

One of the best ways of generating income is participating in a great affiliate program that offers a fantastic product.  One such program I am involved in is Provibo.  Provibo takes various tools that online business owners need and use to build their business online and puts them into one affordable package.  For just $7 you get tools such as:

A Webhosting Account
Video Conferencing Center
Auto-Responder (to schedule and send emails to your mailing list)
Short URLs Tool
And more.

And Provibo has a great Affiliate program!  You can earn a monthly commission for each person you refer to Provibo!

And one of best things about Provibo is that new tools are added and the cost of the membership never goes up!

Now, I'm not sure how long they will offer this service at $7, so don't wait around!  The price could go up!  To join, click the link below and you will become part of my Provibo Network.

http://proplus.provibo.net/?ref=jonwallen

You can find me on facebook here:  http://www.facebook.com/jonathon.wallen  - please be sure to send me a friend request and I will add you.  Also checkout our new Provibo Group on Facebook here:  http://www.facebook.com/groups/provibo