When the economy is down, times are difficult for all of us. History has shown that it is often the small businesses that end up bringing the economy back up to speed, but starting a business can prove to be difficult. What type of business should you start? How do you get the funding? These are all great questions. The good news is that some of the biggest businesses in Corporate America were started during recessionary times. Plus, you benefit from lower rent and utility payments and reduced salaries. Everything is a little less expensive in troubled times. There are, in fact, some solid business ideas that work well in a down economy. These recession proof business ideas allow you to start a business that could thrive even when most markets are down. Here are four solid business ideas that will do very well in recessionary times:
1. Bulk Foods
When times get difficult, people start growing more concerned about food than they do about some of the more flashy gadgets they are typically interested in. Families can save a great deal of money when the buy bulk foods rather than individual, prepackaged, pre-produced foods. Bulk foods that a family can buy in large quantities and use for a long time tend to sell well when the markets are down. As recession proof business ideas go, getting into the bulk foods industry may be the way to go.
To read the full, original article click on this link: 4 Businesses to Start in a Down Economy - Business Opportunities Weblog
Author: Dane Carlson