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How did the Great Recession start?

What is a good small business to start during a recession?

  • Former Treasury Secretary Greenspan said today America is due for another recession and that it would likely start the end of this year, 2007. During a recession, what kind of small businesses stand the best chance of making a profit AND in some part due to the recession?

  • Answer:

    Anything that deals with addictions, since you gotta have it. Example an alcohol and cigarette store.

neandert... at Yahoo! Answers Visit the source

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I have a small business in health and wellness that caters in a large part to the baby boomers. Most of them are empty-nesters, have the most disposable income and are the most open to another stream of income. This is a business that is growing like wild-fire world wide, so you always have the option of working from the internet and getting customers who are not in a recession area. Many of the boomers are already retired, and their health is more important than anything. Health and anti-aging are fast becoming a trillion dollar industry, that's where the focus is now.

Mexico4me

I would recommend starting a home-business that provides consumers with a necessity-based product and saves them money in the process. There are many legitimate business opportunities out there, but it will require a bit of research to find some that interest you. I feel sorry for the baby-boomers who are retiring without the benefits they were promised.

Carlton C

Selling used items.

Boycott Hollywd Commies

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