What businesses do well in recessions?

[Danny4cash]

I believe every business will be mostly affected. People can avoid building of houses. Food business will definitely be the most affected business since it is needed by everyone

Very correct. During pandemic, most business will be affected. However, there are some business that benefits from lockdown during pandemic. Food selling business, drug and other business are not affected by pandemic.

 

[Gandiba1]

The businesses that do well in a recession are those businesses owned by people who understand the relevance of not being scared of market situation. People who take the risks always.

 

[Sotherefore]

Very correct. During pandemic, most business will be affected. However, there are some business that benefits from lockdown during pandemic. Food selling business, drug and other business are not affected by pandemic.

The point is that most of these business you just mentioned above are business that really understand what the pandemic is all about because they deals with medical and health. That is why the government didn't bother to close them down.

Very correct. During pandemic, most business will be affected. However, there are some business that benefits from lockdown during pandemic. Food selling business, drug and other business are not affected by pandemic.

The point is that most of these business you just mentioned above are business that really understand what the pandemic is all about because they deals with medical and health. That is why the government didn't bother to close them down.

Very correct. During pandemic, most business will be affected. However, there are some business that benefits from lockdown during pandemic. Food selling business, drug and other business are not affected by pandemic.

The point is that most of these business you just mentioned above are business that really understand what the pandemic is all about because they deals with medical and health. That is why the government didn't bother to close them down.

 

[Syldan]

Actually recession is a kind of unhealthy economic situation which makes an economy suffer soni believe none of the business can absolutely work well in such situation.
Well if we can understand recession very well, it's a negative or unhealthy economic situation not to a particular location but the globe at large, so how possible can it be for any business to be successful in it. none can be effective in such situation.

 

[ghxstvecna]

Bulk Food Sales. When economic times are tough,many people buy food in bulk.

 

[Paul Abel]

During times of recession, one of the major business that does not get terribly affected is that of food. People will use their last cash to purchase food because it is a very basic necessity.

 

[tyrim88]

One of the items or products that gets really affected in times of reccession are physical products ,especialy if they are products that are imported,then you will begin to see the effect of inflation.Online business services are not that affected.

 

[Shigobad20201]

During times of recession, one of the major business that does not get terribly affected is that of food. People will use their last cash to purchase food because it is a very basic necessity.

In my own opinion , food is the greatest problem that one will have during recession , because people will want to eat and the food will be costly , so they use their last card to eat.

 

[joy101]

Recession always affects the business negatively most especially offline business and that's why we need to also focus in online business, business like crypto currency trading.

Yes in recession there is some businesses that did well during recession period, like online business was moving well during recession but offline business really suffer during that period.

 

[Ronald]

What business tends to do the best when there is a recession? Do you know? And if you had the choice of starting a business like that, where would you run the business?

Online businesses are relatively independent and are less affected by the economy than offline businesses. No conventional firm can really do well in a recession because it impacts practically every area of the financial system,

 

[Imran_Noori]

What business tends to do the best when there is a recession? Do you know? And if you had the choice of starting a business like that, where would you run the business?

I think the business which depends on medical stuffs will do better than other businesses even during the recession times also same with technology materials business.

 

[Joseph555]

A business that will drive in a time of recession or pandemic is it that deals with transportation former athlete marketing former and selling food these businesses won't run dry irrespective of the recession.

 

[Amanda_5]

I think that most businesses will be impacted. House construction can be avoided. The food industry will undoubtedly be the one that is most impacted because everyone needs it.

 

[frederick_9]

A company that will thrive during a recession is one whose revenues are not significantly impacted by the downturn, while most companies struggle during these times.
Transportation, former athlete marketing, and food sales are businesses that will thrive during a recession since they won't experience a shortage of customers.

 

[Kvngsammy]

Businesses that do well in recession are those that deal with the must haves for humans in general. Food, health, finances to an extent get a lot of attention when this occurs.

 

[Nadiel sahmen]

Any firm will often be impacted by a recession. Even if your firm is running smoothly, you still need to spend a lot of money in a recession to acquire your products and sell them for a profit. The importation industry was, in my opinion, the most lucrative at the time.

 

[Shigobad20201]

A business that will drive in a time of recession or pandemic is it that deals with transportation former athlete marketing former and selling food these businesses won't run dry irrespective of the recession.

Like i normally says , food is a very important part of our life and without food , everybody in the world cannot survive , so we need food daily , food selling is a business that will always do well .

 

[Jonaville1]

What business tends to do the best when there is a recession? Do you know? And if you had the choice of starting a business like that, where would you run the business?

One thing is that we all can never do without groceries everyday. This business is surely going to do well during recession and even after recession