I can't wait for the economy to implode...
Or for unemployment to rise, for repossessions to increase and for people to really start feeling the pinch of inflation and the credit crunch.
Yes, I love recessions...
Am I some kind of economic sadist who enjoys other people's misery? Do I feel smug sat here in my comfy leather executive chair? Not at all!
Let me tell you why I love doom and gloom...
It's because people have problems that need to be solved. And the solutions create recession-proof new business ideas.
Switched on entrepreneurs and businesses can start helping people in a real and direct ways... and make a decent and honest income out of it.
To be honest, I find boom times boring.
But when things get bad, you can be sure that more people are desperate to find new ways to save and make money.
So why not position yourself to profit from the tough times ahead and exploit these recession-friendly income generating ideas?
How to beat the recession with these recession-proof new business ideas
1. People want to save money
In bad times people are keen to retain their standard of living but will look for ways to reduce their outgoings. So branded and good quality used goods will see an increase in demand. How could you exploit this? Well, eBay is an obvious place to start. Amazon is also great for books, CDs, DVDs and electronics.
* Consider starting a utility, mobile phone or bank charges auditing service. It's a win-win proposal as you just take a cut of any savings you make for your clients.
* Sell other people's unwanted items on eBay and take a % commission.
* Penny pinchers delight! Could you put together an ebook with something like 101 ways to reduce your household bills? Use Google AdWords to attract prospects. Give the book away free online and capture an email address and then start sending them regular alerts with tips for saving money. Then push readers to affiliate links for savings and pocket the commission.
* What about starting a rent a room agency, helping small time landlords find tenants? Or become a parking space broker?
* With house sales down and demand for rental properties rising, become a lettings inventory assistant (see more details on that later)
* Consider repair and renewal services - rather than buy a new kitchen, what about offering a kitchen facia service - popping new doors on old kitchen cabinets?
2. Businesses need to slash costs
* In a downturn, many companies will cut back on costs and contract out many functions, ranging from accounting and book-keeping to personnel and marketing.
* Also consider offering proof-reading or secretarial services. If you don't have the skills yourself, consider creating an agency of temporary staff.
3. Help unemployed people find jobs
* How about starting a CV writing business, an employment agency, life coaching service, personal image consultancy or job skills training? Again, if you don't have these skills, find people who can.
4. Pick up bargains and sell for a profit
* In the coming months there will inevitably be a surge in the number of bankruptcies, repossessions and liquidations. Bad news for some, but it does mean that there are buying opportunities.
Or for unemployment to rise, for repossessions to increase and for people to really start feeling the pinch of inflation and the credit crunch.
Yes, I love recessions...
Am I some kind of economic sadist who enjoys other people's misery? Do I feel smug sat here in my comfy leather executive chair? Not at all!
Let me tell you why I love doom and gloom...
It's because people have problems that need to be solved. And the solutions create recession-proof new business ideas.
Switched on entrepreneurs and businesses can start helping people in a real and direct ways... and make a decent and honest income out of it.
To be honest, I find boom times boring.
But when things get bad, you can be sure that more people are desperate to find new ways to save and make money.
So why not position yourself to profit from the tough times ahead and exploit these recession-friendly income generating ideas?
How to beat the recession with these recession-proof new business ideas
1. People want to save money
In bad times people are keen to retain their standard of living but will look for ways to reduce their outgoings. So branded and good quality used goods will see an increase in demand. How could you exploit this? Well, eBay is an obvious place to start. Amazon is also great for books, CDs, DVDs and electronics.
* Consider starting a utility, mobile phone or bank charges auditing service. It's a win-win proposal as you just take a cut of any savings you make for your clients.
* Sell other people's unwanted items on eBay and take a % commission.
* Penny pinchers delight! Could you put together an ebook with something like 101 ways to reduce your household bills? Use Google AdWords to attract prospects. Give the book away free online and capture an email address and then start sending them regular alerts with tips for saving money. Then push readers to affiliate links for savings and pocket the commission.
* What about starting a rent a room agency, helping small time landlords find tenants? Or become a parking space broker?
* With house sales down and demand for rental properties rising, become a lettings inventory assistant (see more details on that later)
* Consider repair and renewal services - rather than buy a new kitchen, what about offering a kitchen facia service - popping new doors on old kitchen cabinets?
2. Businesses need to slash costs
* In a downturn, many companies will cut back on costs and contract out many functions, ranging from accounting and book-keeping to personnel and marketing.
* Also consider offering proof-reading or secretarial services. If you don't have the skills yourself, consider creating an agency of temporary staff.
3. Help unemployed people find jobs
* How about starting a CV writing business, an employment agency, life coaching service, personal image consultancy or job skills training? Again, if you don't have these skills, find people who can.
4. Pick up bargains and sell for a profit
* In the coming months there will inevitably be a surge in the number of bankruptcies, repossessions and liquidations. Bad news for some, but it does mean that there are buying opportunities.
Looking for a business opportunity from home? What Biz Opp
provides free advice on how to make money from home. You'll also find
independent reviews on the best (and worst) business opportunities out
there.
Article Source:
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