7 Top Pick Recession-Proof Industries To Start a Business Right Now
It was said that the best time to start a business is during recession.
We are sure it is, but not many can stomach the persistency when sales seems low. Not many people can answer themselves “have i chosen the wrong industry”? when things look hopeless.
Fret not, for we stumbled across a very interesting article on Inc.com about 18 industries that are sure to grow whether it’s the recession or not.
But here’s 7 of our favorites:
1. Candy

Facts: Candy is one of the most recession-resistant industries and many of today’s classic brands, including Snickers, Tootsie Pops, and 3 Musketeers, all launched during the darkest days of the Great Depression, between 1930 and 1932.
Our say: Candies are cheap. Have you heard that having sweet things like ice-creams or chocolate when you are depress can actually make you feel happier? Recession is depressing. Candies are sweet. Sweets are a depress man’s best friend.
2. iPhone Apps

Facts: Sales of apps in the first month topped $30 million, leading Steve Jobs to predict that the marketplace would be worth $1 billion some day.
Our say: well, this one is one of the stuff we’ve been thinking for awhile now. iPhone sales are crazy. The number of websites that came out offering iPhone unlocking, games or apps download have increased tremendously. Did you notice? People like to go where the demand is. So go figure.
3. Health-Care Technology

Facts: The federal stimulus bill pledged $19 billion to the development of a health-information tracking system. Based on that level of funding, employment in the field is expected to grow by 18 percent between now and 2016.
Our say: We have to agree 100% to this. Not because that we’ve just invested into a health-related business, but because this niche is huge! The young, old, babies, male, female all can succumb to illnesses. And people are getting more afraid of spending more monies because of cancer, stroke or other life-threatening long term health damage. At the speed of where things are, people are easily getting sick more than ever. Insurance business are so outdate now because you only need it after ‘the damn thing’ happen. But preventive is the way to go!
4. Software as a Service

Facts: The industry is expected to produce $8 billion in sales by the end of this year and $16 billion by the end of 2013.
Our say: As more and more people get on the internet bandwagon, they need faster, simpler and more sophisticated software to help them – to manage sales, beat competitions, for analysis or even to research on the next big thing. You don’t have to know programming, you just have to hire someone who knows.
5. Home Health Care

Facts: Total revenue for companies in the cognitive-fitness market topped $265 million in revenue in 2008, up from $100 million in 2005, according to the market research firm SharpBrains. Total sales are expected to hit $2 billion by 2015, the firm estimates.
Our say: Again, the health industry! If you still haven’t figure out about involving yourself in this industries, we’d say you better not start anything at all. No no, we are not talking about begging people on the street to join your multivitamins company. We are talking about health care service. Think!
6. Yoga Products and Services

Facts: Americans spent $5.7 billion on yoga products, equipment, and clothing in 2008–87 percent more than they did in 2004, according to a study from Yoga Journal. Nearly 14 million Americans say a doctor or therapist has recommended yoga to them.
Our say: Ha, perhaps people are finally getting more connected with their inner self during the recession. Meditation or yoga are considered as therapies nowadays. People are getting sicker than ever, aren’t they? (oppps, another health niche, have you figure it yet?) Inc suggests to target on creating appealing men’s yoga apparels. (ok, we like the word appealing, that really get the thinking juice flowing)
7. Fast-Casual Dining

Facts: Sales for the top 100 fast-casual restaurant chains grew by nearly 11 percent in 2008, to $16.7 billion, according to Technomic, a Chicago-based restaurant industry research and consulting firm.
Our say: Don’t you just love these fast little snacks that you can grab all the time? They are cheap and fast, because we are so ever busy nowadays, we literally have no time to sit down to enjoy a good meal. 24 hours seems not enough for 90% of the people to complete their daily tasks. How pathetic? A pathetic nation is where the money is.
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Probably blogging nowadays a recession proof business.