Home Business Ideas that Thrive During Recession

[Ghost1]

I believe most people are confused as to what recession is. I keep seeing messages about pandemic instead of recession. There would hardly be a business that thrives during recession

 

[Laurentta]

During recession, online business are the ones that thrive most. Other business you could do offline include selling foodstuffs, fatming and fishery because no matter the situation, people must eat.

 

[kayode10]

Click worker is one of the websites that gives everyone an opportunity to make money just by doing simple tasks online that takes few minutes. Craiglist is another platform where you can sell your digital download to make more money for yourself.

 

[eLdavis]

Click worker is one of the websites that gives everyone an opportunity to make money just by doing simple tasks online that takes few minutes. Craiglist is another platform where you can sell your digital download to make more money for yourself.

Is click worker a site like picoworkers and timebucks? I have never heard of it before. What kind of task does one do there. And what are their payment methods?

 

[Skysaint]

During the time of recession, doing an offline job or business then will be quite hard so I would suggest for anyone to go online as making money online ain't affected so much by your country's economy. Freelancing services could be a nice idea

 

[Sotherefore]

During the time of recession, doing an offline job or business then will be quite hard so I would suggest for anyone to go online as making money online ain't affected so much by your country's economy. Freelancing services could be a nice idea

I think online will be the best time as you said during the recession period because recession can only be able to affect a particular country alone and not the amount of money you are making everyday especially if you are earning in dollars.

 

[jay]

Microworkers have become scam. They refuse to pay me my money. For withdrawal I need a pin which is supposed to be mailed to my home adress, but 1 month passed no updates at all. No reply from support tickets.

That's really sad getting to hear about your sad experience with the particular website that refused to pay you after working. Can you remember the name?

 

[Heatman]

Personally, I believe that the pandemic of coronavirus actually help to a lot of businesses that operated from home and being sold online because it is where a lot of people focus their attention with their buying and selling.

 

[kayode10]

Food business is one of the businesses I know that we drive during the recession even during the war. The reason is that no matter what happened, people are going to eat foods.

 

[Sotherefore]

I don't really know much about other businesses that was on I demand during that period of time but I am very sure of importation and dropshipping, this was the type of business that was profitable during that period of time. A delivery agent make a lot of profit because such services was on high demand.

 

[tyrim88]

The businesses that thrived during the pandemic were basically online. Alot of people including myself got to know more about investing and trading in coins.

That is very true,during the pandemic a lot of busineses was shut down,and we have to switch to online awareness of our products and we started doing delivery to homes.

 

[kinqzbitz]

Well online business actually thrive during recession and also pharmacy business is also very good during recession,it really thrived during the pandemic period

 

[Skysaint]

I think online will be the best time as you said during the recession period because recession can only be able to affect a particular country alone and not the amount of money you are making everyday especially if you are earning in dollars.

That's right. Online business is just perfect for that period and I guess most people are starting to learn of this fact. I even consider it easier to sell a skill online that a physical product because the later will demand you get an offline means of transportation

 

[Sotherefore]

That's right. Online business is just perfect for that period and I guess most people are starting to learn of this fact. I even consider it easier to sell a skill online that a physical product because the later will demand you get an offline means of transportation

Selling a skill Online is not really easy as most people are thinking, it might really be difficult for people to buy products from you if they don't trust you because they believe you can scam them without leaving any trace.

 

[Ghost1]

You're so funny and I probably agree with you that pharmacy business it's very lucrative and highly in demand in most countries in the world as most people now prefers on the counter medication than having to go to hospitals to get full-time treatment for their illnesses.

But the question is " business that would thrive during RECESSION" not lock down. Recession has a different meaning. Maybe the poster made a mistake

 

[YERUS]

Selling stuff on eBay. Someone who needs money could start by selling their own unused or unwanted goods and then look for products they could buy in bulk and sell on at a profit. A couple of our members have been doing quite well from businesses like that.

Freelancing is something else to consider for anyone that has a specific skill, such as writing, graphic design. There are lots of great freelancing sites and forums where you can go to advertise your services and to view project requirements posted by individuals and businesses.

If freelancing is not for you, you could try earning from sites like MicroWorkers and Amazon's Mechanical Turk.

Do you have any business ideas that thrive, even during a recession?

Businesses that are likely to thrive during a recession are mostly online businesses.
people who are skilled at one digital skill or the other have an edge over others.
There are lot of freelancing sites that they can earn from.

 

[Godspower]

Pharmacy business really thrives on my area because majority are scared of going to the hospitals to get tested and assume a slight sickness is like a common sickness, lol.

This might be more of a professional field and not anyone can venture into it. Though it is quite lucrative, it requires much capital and many proceduresto start up.

 

[Skysaint]

Selling a skill Online is not really easy as most people are thinking, it might really be difficult for people to buy products from you if they don't trust you because they believe you can scam them without leaving any trace.

Well, when it comes to selling a skill online, the feeling of insecurity is both applicable to both the buyer and the seller. Let's take graphics design as an example, what designers normally do is to send their work to their clients without payment but they will go ahead and place some stuff on top of the design and if the buyer likes the design and pays, then the seller removes the transparent cover he placed on it

 

[Sotherefore]

Well, when it comes to selling a skill online, the feeling of insecurity is both applicable to both the buyer and the seller. Let's take graphics design as an example, what designers normally do is to send their work to their clients without payment but they will go ahead and place some stuff on top of the design and if the buyer likes the design and pays, then the seller removes the transparent cover he placed on it

Wow, I didn't know about this, me that is even planning to become a graphic designer. So that means there are a lot of things I still need to learn.. well I have not yet started it sha.

 

[Toyoabasi]

Businesses that are likely to thrive during a recession are mostly online businesses.
people who are skilled at one digital skill or the other have an edge over others.
There are lot of freelancing sites that they can earn from.

Yes.
Most online businesses are likely to thrive during a recession.
Those who have obtained skills are most likely to get job offers online.