Recession Proof Businesses

The economic recession has shaken many long held beliefs of the corporate sector. The businesses and jobs that were most sought after, a few years ago, are considered unsafe and unstable today! Although, recently, there have been some signs of economic recovery, yet, people are no longer ready to believe that whatever destabilization that took place owing to economic recession will not repeat itself. That's why, whether it comes to taking up a job or starting a new business, they only want to take up those which are lucrative, at the same time, recession proof.

Recession Proof Businesses to Start

Healthcare Services
It is predicted that healthcare sector will be booming, not only at present, but in the coming decade too. As the population of the elderly increases in the United States, there will be immense need of healthcare professionals as well as all businesses related to this sector. Due to the high stress levels caused by the economic recession and the resultant deteriorating health of the people, the need for excellent health care services has increased even more.

Education
This is one of the best recession proof careers 2011. Whether there is recession or no recession, there will always be a lot of government spending and need for quality educators in this sector as it has a direct bearing on the future of the country. Children need to be educated in the best of circumstances by the best of teachers in the best of schools. This makes any business related to education an excellent opportunity in today's times.

Beauty and Cosmetics
Another recession proof business ideas is to enter the beauty industry. Researches have shown that since the time recession began, the sales of cosmetics and other beauty treatments has actually gone up. When people lose jobs, their homes (due to inability to pay EMIs), or are unable to lead the kind of lifestyle they are used to, they tend to feel down and so in order to perk themselves, they try to look good by going in for various kinds of cosmetics and beauty regimens.

Contraceptives
As during the economic recession, people do not want additional expenses which can come by the way of unplanned pregnancies, they tend to be very particular about using contraceptives. This has surged the demand for them, making it one of the recession proof businesses in 2011.

Liquor
Liquor industry is booming and how. People are known to drown their sorrows or make themselves feel better by drinking alcohol. To get over the grim scenario of economic recession, the percentage of people drinking alcohol has certainly gone up. This makes it a good business to get into at present.

Retail
This includes both the high-end luxury segment as well as the discounted retail. For rich people, getting that latest designer bag or outfit will never ever pose a problem, irrespective of whether the economy is up or is in doldrums! On the other hand, discounted stores do well as the middle class people now want to clench the best deals and buy things at cheaper rates, to manage their home finances in this time of recession!

"Green" Energy
As the focus is now shifting to saving the environment and bringing down the energy costs, any business which deals with providing alternate sources of energy such as solar energy, biogas, nuclear energy, amongst others, is going to flourish in the coming few years.

Financial Consultancy
Whether it is small companies, large companies or individuals, everyone facing a financial crunch in this recession, would require financial consultants who would guide them on debt management, bankruptcy, taxation and other financial aspects so that they can sail smoothly in this crisis. Financial consultancy services business can become extremely profitable in today's grim economic scenario.

Home Businesses
There is a very high probability that small scale home businesses, those which are based on some good ideas, can prove to be profit-making in this time of recession. Here is a list of some possibly lucrative and recession proof businesses:

• Home repair and maintenance, including plumbing, roof repair, electrical, etc.
• Virtual Assistant for companies i.e. providing your secretarial services from home
• Bloging, content writing and freelance writing
• Tutoring business i.e. teaching children at home
• Babysitting/opening a day care
• Online Selling
• Multi-level marketing business
• Desktop publishing
• Catering/Food Business
• Elderly care business

These are some of the businesses which are predicted to do well in the future. Again, to be success in any of these, proper planning, execution, organization, hard work and commitment is a pre-requisite, just like in any other business and career!