10 Recession-Proof Businesses<\/h2>\nGrocery Stores<\/h3>\n
\nNo matter how tight one\u2019s budget gets, keeping food on the table stays the N1 priority for most families. This explains why grocery sales appear to resist the recession while other businesses suffer from it.<\/p>\n
Moreover, a number of people who eat out at restaurants during the normal times also switch to preparing food at home, even increasing the grocery sales.<\/p>\n
According to the data collected by USDA<\/strong><\/a>, Americans drastically cut back on spending money in restaurants during the Great Recession (2007-2009). The study showed that restaurant sales fell by 18% or $47 billion in total and didn\u2019t return to pre-recession numbers until 2016.\u00a0<\/p>\nOn the other hand, grocery sales stayed strong and even increased by 8% from pre-recession to 2016. <\/p>\n
Fast Food Restaurants<\/h3>\n
\nRecession or not, everyone still needs to eat. While regular restaurants aren\u2019t considered as recession-proof, fast-food restaurants are proven to resist economic downturn.<\/p>\n
But why does it happen?\u00a0<\/p>\n
Fast-food restaurants are typically much inexpensive compared to traditional restaurants. And while not everyone is fond of cooking, fast food is a great way for them to eat inexpensive food that\u2019s already prepared for them.<\/p>\n
Some people even crave fast food like pizza or McDonald\u2019s meals. Others simply have no time to prepare food.<\/p>\n
But a fast-food restaurant alone isn\u2019t a guarantee that it will resist the recession. In today\u2019s world, where drive-throughs and delivery services are at the hype it\u2019s more than essential for a fast-food restaurant to have those.<\/p>\n
Especially none of the restaurants would have resisted the 2020 pandemics without providing delivery services.<\/p>\n
Candy, Comfort Food & Beverages<\/h3>\n
\nAt a time of recession \u2013 especially now that everyone stays home \u2013 people crave more comfort food, sweetness and fun beverages to calm their nerves and enjoy their time at home a little more.<\/p>\n
Chocolate is especially considered as something that relieves stress. That\u2019s why people also make various chocolate desserts at home as a new way of spending quality time at home.<\/p>\n
\u201cSin Businesses\u201d<\/h3>\n
\nLet\u2019s recall, how many times have you recently seen a post of your social media friends indulging in alcohol at home, even when they are alone?<\/p>\n
As people\u2019s stress levels rise during the time of uncertainty, alcohol and tobacco sales increase as well.\u00a0<\/p>\n
These products are often called \u201csin products\u201d because everyone knows they do more harm than good to people\u2019s health.<\/p>\n
Repair & Maintenance Services<\/h3>\n
\n\n<\/p>\n\n<\/picture>\n![\"handypro](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/handypro_emblem.png\")
\n<\/picture>\n<\/noscript><\/figure>\n<\/a><\/p>\n
\nHandy Pro Summary<\/h4>\n\n- Earn between $22 per hour to $62 per hour<\/li>\n
- Working hours based on your availability<\/li>\n
- Jobs will be within 100 miles of your home<\/li>\n
- Get paid within 7 days after a gig<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/p>\n
\n<\/picture>\n![\"How](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/How_does_Handy_Pro_Work2.png\")
\n<\/picture>\n<\/noscript><\/figure>\n<\/a><\/div>\n
Unfortunately, things break down or at least need maintenance over time.\u00a0<\/p>\n
That\u2019s why there will always be demand for repair and maintenance services will, even during the recession.<\/p>\n
In fact, people may even want to repair more things when times get tough than they normally would to avoid spending money on new stuff.\u00a0<\/p>\n
Companies that provide repair services for essential items like roofers, plumbers and auto mechanics are most likely to see just as many customers during a recession as before the downturn.<\/p>\n
Handy.com<\/a><\/strong> is a great example of recession-proof businesses. It not only provides essential services, but focuses on its customers\u2019 convenience by offering their services online and accepting online bookings.<\/p>\nFreelancing<\/h3>\n
\n\n<\/p>\n\n<\/picture>\n![\"upwork](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/upwork_emblem.png\")
\n<\/picture>\n<\/noscript><\/figure>\n<\/a><\/p>\n
\nUpwork Summary<\/h4>\n\n- Earn up to $34 per hour as a freelancer<\/li>\n
- Get 10 free Connects every month<\/li>\n
- Get 40 extra Connects when you pass a test<\/li>\n
- Time tracker ensures you get paid<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/p>\n
\n<\/picture>\n![\"How-to-Start-Freelancing-at-Upwork\"\/](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/How-to-Start-Freelancing-at-Upwork.png\")
\n<\/picture>\n<\/noscript><\/figure>\n<\/a><\/div>\n
As more businesses go online than ever, the demand for hiring freelancers over full-time employees is increasing as well.<\/p>\n
The main reason freelancing is gaining traction is because hiring freelancers typically save time and money to business owners while receiving professional services.\u00a0<\/p>\n
Compared to a full-time employee, freelancers get paid only for the tasks they do. This way, businesses are able to eliminate the expenses related to renting an office, paying for utilities, buying a computer for the employee and paying for their insurance.<\/p>\n
On the other hand, you as a freelancer can benefit from freelancing more than you would as an employee because you\u2019re able to set prices for your services yourself and have as many clients as you can handle.<\/p>\n
The best platforms to find remote jobs and establish yourself as a freelancer are Upwork<\/strong><\/a> and Fiverr<\/strong><\/a>.<\/p>\nBoth platforms allow you to offer a variety of freelance services and ensure your safety by handling your contracts and payments.<\/p>\n
\n<\/picture>\n![\"side](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/side_business_ideas_icon.png\")
\n<\/picture>\n<\/noscript><\/a><\/p>\nRelated: 28 Side Business Ideas<\/a><\/p>\nInformation Technology<\/h3>\n
\nInformation Technology has proven to be the fastest-growing business sector in the United States, even during the Great Recession of\u00a0 2007 to 2009.<\/p>\n
\n
No matter how tight one\u2019s budget gets, keeping food on the table stays the N1 priority for most families. This explains why grocery sales appear to resist the recession while other businesses suffer from it.<\/p>\n
Moreover, a number of people who eat out at restaurants during the normal times also switch to preparing food at home, even increasing the grocery sales.<\/p>\n
According to the data collected by USDA<\/strong><\/a>, Americans drastically cut back on spending money in restaurants during the Great Recession (2007-2009). The study showed that restaurant sales fell by 18% or $47 billion in total and didn\u2019t return to pre-recession numbers until 2016.\u00a0<\/p>\n On the other hand, grocery sales stayed strong and even increased by 8% from pre-recession to 2016. <\/p>\n Recession or not, everyone still needs to eat. While regular restaurants aren\u2019t considered as recession-proof, fast-food restaurants are proven to resist economic downturn.<\/p>\n But why does it happen?\u00a0<\/p>\n Fast-food restaurants are typically much inexpensive compared to traditional restaurants. And while not everyone is fond of cooking, fast food is a great way for them to eat inexpensive food that\u2019s already prepared for them.<\/p>\n Some people even crave fast food like pizza or McDonald\u2019s meals. Others simply have no time to prepare food.<\/p>\n But a fast-food restaurant alone isn\u2019t a guarantee that it will resist the recession. In today\u2019s world, where drive-throughs and delivery services are at the hype it\u2019s more than essential for a fast-food restaurant to have those.<\/p>\n Especially none of the restaurants would have resisted the 2020 pandemics without providing delivery services.<\/p>\n At a time of recession \u2013 especially now that everyone stays home \u2013 people crave more comfort food, sweetness and fun beverages to calm their nerves and enjoy their time at home a little more.<\/p>\n Chocolate is especially considered as something that relieves stress. That\u2019s why people also make various chocolate desserts at home as a new way of spending quality time at home.<\/p>\n Let\u2019s recall, how many times have you recently seen a post of your social media friends indulging in alcohol at home, even when they are alone?<\/p>\n As people\u2019s stress levels rise during the time of uncertainty, alcohol and tobacco sales increase as well.\u00a0<\/p>\n These products are often called \u201csin products\u201d because everyone knows they do more harm than good to people\u2019s health.<\/p>\n <\/a><\/p>\n <\/a><\/div>\n Unfortunately, things break down or at least need maintenance over time.\u00a0<\/p>\n That\u2019s why there will always be demand for repair and maintenance services will, even during the recession.<\/p>\n In fact, people may even want to repair more things when times get tough than they normally would to avoid spending money on new stuff.\u00a0<\/p>\n Companies that provide repair services for essential items like roofers, plumbers and auto mechanics are most likely to see just as many customers during a recession as before the downturn.<\/p>\n Handy.com<\/a><\/strong> is a great example of recession-proof businesses. It not only provides essential services, but focuses on its customers\u2019 convenience by offering their services online and accepting online bookings.<\/p>\n <\/a><\/p>\n <\/a><\/div>\n As more businesses go online than ever, the demand for hiring freelancers over full-time employees is increasing as well.<\/p>\n The main reason freelancing is gaining traction is because hiring freelancers typically save time and money to business owners while receiving professional services.\u00a0<\/p>\n Compared to a full-time employee, freelancers get paid only for the tasks they do. This way, businesses are able to eliminate the expenses related to renting an office, paying for utilities, buying a computer for the employee and paying for their insurance.<\/p>\n On the other hand, you as a freelancer can benefit from freelancing more than you would as an employee because you\u2019re able to set prices for your services yourself and have as many clients as you can handle.<\/p>\n The best platforms to find remote jobs and establish yourself as a freelancer are Upwork<\/strong><\/a> and Fiverr<\/strong><\/a>.<\/p>\n Both platforms allow you to offer a variety of freelance services and ensure your safety by handling your contracts and payments.<\/p>\n Related: 28 Side Business Ideas<\/a><\/p>\n Information Technology has proven to be the fastest-growing business sector in the United States, even during the Great Recession of\u00a0 2007 to 2009.<\/p>\nFast Food Restaurants<\/h3>\n
\nCandy, Comfort Food & Beverages<\/h3>\n
\n\u201cSin Businesses\u201d<\/h3>\n
\nRepair & Maintenance Services<\/h3>\n
\n![\"handypro](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/handypro_emblem.png.webp\"\/)
\n<\/picture>\n<\/noscript><\/figure>\nHandy Pro Summary<\/h4>\n
\n
![\"How](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/How_does_Handy_Pro_Work2.png.webp\"\/)
\n<\/picture>\n<\/noscript><\/figure>\nFreelancing<\/h3>\n
\n![\"upwork](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/upwork_emblem.png.webp\"\/)
\n<\/picture>\n<\/noscript><\/figure>\nUpwork Summary<\/h4>\n
\n
![\"How-to-Start-Freelancing-at-Upwork\"\/](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/How-to-Start-Freelancing-at-Upwork.png.webp\"\/)
\n<\/picture>\n<\/noscript><\/figure>\n![\"side](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/side_business_ideas_icon.png.webp\"\/){kind=icon}
\n<\/picture>\n<\/noscript><\/a><\/p>\nInformation Technology<\/h3>\n
\n
![\"remote](\"https:\/\/www.dollarbreak.com\/wp-content\/uploads\/remote_accounting_jobs_icon.png.webp\"\/){kind=icon}
\n<\/picture>\n<\/noscript><\/a><\/p>\n