Small Home Business Ideas That Are Recession-Proof
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Because of the current recession, a lot of people are turning towards ways to make a bit of extra money. Whether you’ve lost your job, need a bit more cash due to a raise freeze or are simply wishing to become your own boss, small business ideas may have crossed your mind but you may have dismissed them due to the fact that a poor economy is a tough climate in which to start a small business. The good news is there are a few small business ideas that thrive in a bad economy and are relatively cheap to get off the ground.
If you have a flair for interior design or organizing, one of the best small business ideas for the current economy is staging houses. You work in conjunction with realtors who recommend you to their clients in order to give them a selling edge by making their homes look better than the competition. This costs nothing apart from business cards and advertising, and the latter is minimal since realtors will give you referrals.
A house stager rearranges furniture, adds decorative touches and forces the homeowner to get rid of all clutter so that the home can be showcased in the best light. A home that’s been staged is much more appealing than its competition. Some stagers are also professional interior designers, but if you have a portfolio of photos, which you can build by doing the houses of people you know first, it’s not a requirement. If you have realtor friends, contact them and let them know about your new business as soon as possible.
Another of the great small business ideas that you can do from home during a recession is resume and cover-letter writing. Once again, this is a service that will do well during the recession so it’s a great business to start in the current lousy economy, and it requires little investment beyond advertising, assuming you have a computer, of course.
With no investment you can make as much as $250 for a rewrite and $500 for a brand new resume, depending on the market you work in. Your happy clients who got a job because of you will also recommend you, so if you do a good job your business will take off quickly.
Some clients will also give you multiple jobs at once. Many people like to target their resumes to a specific job so you can do one original rewrite and then several rewrites. An example of this would be someone who wants a job as a lab technician and does one resume targeting biology labs and another targeting chemistry labs.
Finally, another of the best small business ideas you can do from home is e-Bay power selling. In the current lousy economy lots of people have things they want to sell for a little extra money, but few of them have the time or expertise. Basically you agree to sell things on e-Bay for people in return for a percentage of the profit. The start-up costs are minimal; you might want to invest in an e-Bay power-selling e-Book or course online in order to learn how to get the most out of your listings.
You can try any of the small business ideas listed here almost immediately without outlaying a lot of cash, and they’re all good businesses to have during a recession that can be managed from home.
Any of these home-based business ideas cost very little in start up expenses. By building a simple, but informative website, along with some business cards, you can be up and going in a matter of days.
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