- A computer-repair business can survive a recession because consumers tend to make existing equipment last longer; in getting a computer repaired, people can save the expense of purchasing a new system. Tailor your business to fit a specific audience: If you have a particular skill -- like working on Macs in a town without an Apple reseller -- you can secure the market. Gear your repair business toward senior citizens confused about technology, families with multiple users or college students. You can offer personal service and lower prices than big repair shops.
- When people aren't able or willing to spend money on new items for their house or lifestyle, they often turn to online listings on websites like Craigslist or eBay. You can make a significant profit with a reselling business. Visit garage sales and thrift stores to buy things in demand, like furniture, specialty clothing or vehicles. Fix up or clean each item and resell it online for a profit. Include a photo to make the listing more attractive; offer free delivery to sweeten the deal.
- Despite the economy, people still need care for their aging or ill family members, and a home health-care business can stand strong through tough economic times. Depending on your experience and expertise, you might provide licensed nursing services, regular checkups or adult-sitting services when a person needs supervision after an accident or illness. By providing dedicated, personal service, you can retain business even after the recession ends.
- In a recession, businesses often fire administrative staffers to adjust the budget and meet annual costs. You can fill the hole with a contract administrative-support business that provides contract or part-time services. Attract businesses that need the work done but can't hire a full-time staff member, and you can provide work for staffers who have been laid off.
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