Businesses that are still making money in this economy
Businesses that are still making money in this economy
* Automotive Repair - Cars will be around forever and they require repairs and maintenance and regardless of the economic conditions, we will continue to spend money on our cars.
* Children Businesses - Everything from tutoring to enrichment programs, after school programs, birthday parties, test preps. Parents will spend money on their kids well being.
* Senior Care - Just like our children, we take care of our parents and grand parents. Whether they have illnesses, need help around the house, companionship one thing for certain, is that we will get old and will have special needs. This industry is one of the most stable and fast growing.
* Fitness/Weight Management - Here is an industry that has been growing rapidly for the last decade and has gotten a great deal of media coverage. We as Americans are the most overweight people in the world and there have been plenty of studies done that have determined that obesity causes many other health problems.
* Hair & Beauty Salons - I remember a Saturday Night Live skit where Billy Crystal played a character who used to say "Darling, I'd rather look good than feel good" Grooming is a necessity. Men, women, kids need hair cuts, facials, manicures etc. Most of us need these services, because of our professions, our jobs and schools.
* Coffee Industry - You might be surprised by this category. Every morning, as I drive to work, I can't help but notice full parking lots of cars, long lines at drive thrus of Coffee Houses. I myself stop every morning and afternoon to pick up a cup of coffee. With Specialty coffees, ice coffees and other drinks available today, this industry is a year round business which seems to thrive in any economy.
* Pet Care - Pet industry is a billion dollar industry and pet owners consider their pets as members of their family, thus spend money on the well being of their pets, from grooming, training, spas, gourmet treats, camps, etc.
Last thought, most Millionaires did not become rich from a paycheck.
Businesses that are still making money in this economy - To learn more about this author, visit David Dolitsky's Website.
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What does it mean when I tell people that a business is recession resistant? Let's look at this phrase more closely. To me the definition of a recession resistant business is a business that continues to thrive, grow, and make money in any economic condition. In my Economics class I studied NEEDS AND WANTS. Needs are things that we as consumers need to maintain our life styles and the daily activities, in other words "NECESSITIES". Things like food, clothing, a roof to live under etc. Wants are things we want to have, but are not necessary to maintain our life styles or daily activities. Things like 50" Plasma TV, fancy car, diamond ring etc. When the economy is good and people are making money, we tend to spend on our wants, however when the economy is bad, we tend to cut down or even eliminate wants, however our NEEDS never go away, so here is a list of industries that I feel are NEEDS Category.
* Automotive Repair - Cars will be around forever and they require repairs and maintenance and regardless of the economic conditions, we will continue to spend money on our cars.
* Children Businesses - Everything from tutoring to enrichment programs, after school programs, birthday parties, test preps. Parents will spend money on their kids well being.
* Senior Care - Just like our children, we take care of our parents and grand parents. Whether they have illnesses, need help around the house, companionship one thing for certain, is that we will get old and will have special needs. This industry is one of the most stable and fast growing.
* Fitness/Weight Management - Here is an industry that has been growing rapidly for the last decade and has gotten a great deal of media coverage. We as Americans are the most overweight people in the world and there have been plenty of studies done that have determined that obesity causes many other health problems.
* Hair & Beauty Salons - I remember a Saturday Night Live skit where Billy Crystal played a character who used to say "Darling, I'd rather look good than feel good" Grooming is a necessity. Men, women, kids need hair cuts, facials, manicures etc. Most of us need these services, because of our professions, our jobs and schools.
* Coffee Industry - You might be surprised by this category. Every morning, as I drive to work, I can't help but notice full parking lots of cars, long lines at drive thrus of Coffee Houses. I myself stop every morning and afternoon to pick up a cup of coffee. With Specialty coffees, ice coffees and other drinks available today, this industry is a year round business which seems to thrive in any economy.
* Pet Care - Pet industry is a billion dollar industry and pet owners consider their pets as members of their family, thus spend money on the well being of their pets, from grooming, training, spas, gourmet treats, camps, etc.
Last thought, most Millionaires did not become rich from a paycheck.
Businesses that are still making money in this economy - To learn more about this author, visit David Dolitsky's Website.
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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