Hi all. I know having a recession-proof business provides a level of security for business owners and is very appealing. What are some examples of recession-proof businesses? Does anyone currently own one or have you owned one in the past?
Recession-Proof Businesses
byu/No_Theory_8468 inEntrepreneur
Posted by No_Theory_8468
6 Comments
Health care is the first one that comes to my mind.
plumbing would be the 2nd
Read my recent post on here. Insurance restoration. They pay for the work and its high ticket
Honestly, people who have the money to spend on high-ticket items, will always have the money to spend on high-ticket items.
Sometimes your message, and marketing needs to have a much more compelling story to tell in a contractive cycle.
But the times when people “tighten” the most, which is July/Aug/Nov/Dec, they also spend the most, they just shift priorities!
Self-Storage Properties
cigarettes & alcohol
Funeral home?