photo credit: a.drian
The economic slump has proved fatal for many businesses, but that doesn’t mean there aren’t still opportunities out there.
It just means entrepreneurs have to be much more careful before jumping into a new venture.
To be sure, certain businesses hold up better than others during tough economic times, so if you’re looking to start a new business, you may want to consider those countercyclical industries that can weather the storm, experts say.
What are some recession proof industries? The article lists six:
- Health care
- Accounting and bookkeeping
- Emergency restoration / repair services
- Insurance
- Green businesses
- Compliance / safety products
Can you name some more?