How to Start 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 a 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
Published by Robb Weigel
I'm a professional business writer. I'm currently researching and writing online books on the top 20 best recession-based businesses. View profile
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