Home Business Ideas that Thrive During Recession

[Sincerem]

It is quite evident that in times like this where there is an economic down turn in the world and people are finding it difficult to survive, the internet has become a really good tool to reaching financial freedom.

 

[Lens]

Basically, during recession, you could make money via vlogging because most of the people are very keen to looking for a way out , surfing the Internet and most probably, using the YouTube.

 

[Nicklas22]

Pharmacy business and when you're a nurse, everything was very expensive during the recession and they made a lot of money and transportation was double and those who Cooks for people from home because people were afraid to go to the market because of it crowdness

 

[Shigobad2020]

Basically, during recession, you could make money via vlogging because most of the people are very keen to looking for a way out , surfing the Internet and most probably, using the YouTube.

Vlogging like you said is a good way of making money online because people prefer watching entertaining or comedy short movie's on the internet , most especially YouTube.

 

[Setho]

One of the ways that you can definitely make money at this point in time is selling of things that you do not need. There are a lot of places that you can do this even with the rise of the Facebook marketplace that you are not going to be charged any kind of fee for placing advertisements there.

 

[Lens]

Vlogging like you said is a good way of making money online because people prefer watching entertaining or comedy short movie's on the internet , most especially YouTube.

Thag

Vlogging is truly one of the best ways to make money passively and it is very easy provided you have the necessary equipment and you also have the relevant content.

 

[Sincerem]

Since everyone was indoor, a lot of people were engaging in selling of snacks and baked goods. This was a profitable business and at the same time difficult since you have to be moving from house to house in most cases.

 

[tyrim88]

One of the best offline business you can go into is tutoring. Even during strikes or lockdown, this business still stands as many parents are always trying to make sure their kids are educated no matter the situation of the economy or the country

That among other things like the food sector and the health sector needs that thrive during those periods,one is the online tutorials,i could remember that some radio station were doing some classes on various topics,it was very interesting.

 

[Shigobad2020]

Since everyone was indoor, a lot of people were engaging in selling of snacks and baked goods. This was a profitable business and at the same time difficult since you have to be moving from house to house in most cases.

Selling foodstuffs and snacks at home during the pandemic was a very good and lucrative business , because people needed food to survive during the lockdown .

 

[Sincerem]

Selling foodstuffs and snacks at home during the pandemic was a very good and lucrative business , because people needed food to survive during the lockdown .

I don't know if this was such a lucrative business idea because it seems a lot of people were just managing the resources they have . Like are you aware of someone that was doing this business then ? Was he really making a lot of money ?

 

[GIFTMICHAEL]

Every business will be mostly be affected during recession, the reason is because there is no way you will escape buying of raw materials for any business you are interested to do.

 

[Sotherefore]

Mostly all business were affected during that time, but There were some business that was doing perfectly during the pandemic , some of them which may include baking of cakes and some other homemade products, food business was also profitable.

 

[Shigobad2020]

Mostly all business were affected during that time, but There were some business that was doing perfectly during the pandemic , some of them which may include baking of cakes and some other homemade products, food business was also profitable.

You are definitely right , though most business will business will affected greatly during reccesion , but If you can do a thorough research , you will get a good paying business.

 

[Lynaia]

I'm aware of Microworker and I'm also a member of the sites but i don't usually visit the site, i know of freelancing work too but I'm not a freelancer. But selling from eBay website i guess can't work in every region and i always have issues when trying to set up amazon mechanical turk account, so i have to leave it

 

[Sotherefore]

You are definitely right , though most business will business will affected greatly during reccesion , but If you can do a thorough research , you will get a good paying business.

I believe most business , will still be profitable .The only way the recession can affect business is the fact that the price of products and services will be very high and will be quite difficult for people who are interested to start a new business.

 

[Nomad]

The education business thrives during the recession. That's because when there is a recession, companies will start cutting their staff or start paying less. Therefore people will look forward to building skills or upskill so that they can find more income opportunities. B the way, agriculture and food business is recession proof business.

 

[Heatman]

... agriculture and food business is recession proof business.

Hunger doesn't care about recession. It doesn't matter what's happening in the economy with recession, people will always eat. This is what makes agriculture and food business am essential commodities based. It's part of the reason why I started my business of poultry and fish farming.

 

[Nomad]

Hunger doesn't care about recession. It doesn't matter what's happening in the economy with recession, people will always eat. This is what makes agriculture and food business am essential commodities based. It's part of the reason why I started my business of poultry and fish farming.

I once had a dairy farm, however, I failed in the business. Well, sales were good but my cattle started dying and production started dropping. I might some day go back to the business.

 

[Good-Person]

Hunger doesn't care about recession. It doesn't matter what's happening in the economy with recession, people will always eat. This is what makes agriculture and food business am essential commodities based. It's part of the reason why I started my business of poultry and fish farming.

This is true. People will always purchase food products. However, we may need to remember that during the recession, people will still try to purchase less amount of food products and try their best to reduce the consumption of food products in order to manage money.