Best Recession-Proof Businesses
Even in a recession, you can start a business. Find out which ones were voted most likely to succeed.
Q: I'd like to start my own business, but I'm in a recession emergency-behind on my bills, savings gone and no start-up capital. I have been unable to make enough doing temp service work, etc, to cover basic expenses. What are the best recession-proof businesses?
A: Some businesses actually do well during recessions; they're "countercyclical." For example, as both business and consumer debt mounts in a recession and companies need to collect every possible dollar they're owed, debt collection agencies, companies that specialize in repossessing items and bankruptcy attorneys are at their busiest.
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