The Great Recession is a global economic decline with a great impact on the world economy started in 2007. High unemployment rates and limited prospects for global growth in 2013 pushed many to change their career. The best way to have a secure job during a recession is to figure out which industries will survive, and what kind of business shows long-term growth potential. Take a look at these recession proof business ideas:

Recession Proof Business Ideas Recession Proof Business Ideas Pictures
  • IT industry

The information technology sector is the fastest growing in the United Stated because it is used by any mid-size company. The main reason why IT services will be highly demanded in the near future is because of an overall lack of workers. The number of students majoring in computer science has decreased with 70 percent in only five years, and it is estimated that over the next 30 years there will be a 15 percent decrease in the supply of IT workers. If you are looking for recession proof business ideas, consider the following areas: networking and system administration, database administration and software design and development.

  • Online coffee business

Coffee is the second most consumed beverage in the world next to water, because 50 percent of the population consumes it on a daily basis. The $100,000,000,000 a year industry is thriving so that is why an online coffee shop is a great idea. You can start small and with a good business plan, earn a substantial amount of money.

  • Cosmetics, contraceptives and candy

Cosmetics, contraceptives and candy are always recession proof business ideas because everybody needs them. Children love candy and so do adults. You can’t drink or smoke at the workplace, but you can chew on some gummy bears. Sales have gone through the roof in the United States with almost 30 percent increase in profits. Nail-care and cosmetics sales are higher during recessions, because women need a cheaper way to highlight their natural beauty. Contraceptive sales were up 12 percent during the first two months of 2009, and in the last year about 89 percent of women of reproductive age used contraceptive methods.

  • Selling on eBay

This is a recession proof business idea because people are looking to buy cheaper items. eBay is a very popular online auction and shopping website. Founded in 1995, it quickly became a success story: the business now operates in over 30 countries and it is worth millions. If you have a lot of items you don’t use or you just want to get rid of the boxes stored in the garage, selling them on eBay can be highly profitable. You can find many items to sell on craigslist, yard sells and second-hand shops.

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