What these three businesses all have in common is that they make up three of the ten recession-proof businesses according to Howstuffworks.
Recession-proof businesses are traditionally defined as industries that either thrive during rotten economic times or at least survive unscathed.
The key to job security during a recession, experts say, is to find a company or industry that shows long-term growth potential, is immune from outsourcing and isn’t tied to the fickle tastes of consumers [sources: Burt].
So what might those be? Here are the 10 businesses, in no particular order.
Thrift stores and trendier “resale” shops drew in new customers throughout the recession. According to the America’s Research Group, 20 percent of people in 2012 said they shopped at thrift stores “regularly,” up from 14 percent in 2008 [source: Tully].
Candy, Cosmetics and Contraceptives
Repossessions and Removals
The Federal Government
Vices (tattoo parlors)
Non-cyclical Businesses (Funeral businesses, military, public utilities, repair services, etc.)
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