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Asav Patel

Recession is not only a Downturn in the economy but Recession is the world of opportunities. There are so many opportunities in the Recession.

Click Here to read the Opportunities in the Recession

And if you talk about Businesses than the Recession is a Full opportunity to start a new Business because everything is cheap in the market as well as the job market is in the crisis during the time of recession so you get cheap labour for your Business from the Job market during the time of recession.

So let us today discuss about some Recession Proof Businesses.

There are few Businesses & Industries which are Recession Proof. But in this article we will talk about the most Recession proof Business & Industry……..

The Most Recession proof Business is The Web Business also known as Internet Business.

Yes, owning your own Web/Internet Business can protect you from the Recession. In fact Internet Business is something which actually grows in the time of Recession.

The main advantage of Internet Business is low start-up cost, low man power, low maintenance and  worldwide connectivity. So you can provide very cheap and cost-effective Products & Services to your customers in comparison to the traditional Business Model.

Say for Example, take the example of this Blog. This Blog is my Internet Business. It’s an Online Magazine for Money, Personal Finance & Entrepreneurship. Now the Revenue from any Magazine (Online or traditional) is mainly by selling ad spaces on it. Weather its an Online or its a Physical.

But the disadvantage of physical magazine is that, it requires a lots of man power for editing, printing, distributing and everything else. And more over customers have to pay few bugs to buy the Magazine. Because if customers won’t pay for you magazine, the working cost of editing, printing & Publishing won’t be covered.

But Now compare the Physical Magazine Business model with Online Magazine means Blog. Blog is an Online Magazine. So all of the Editing, printing, modifying & distributing the magazine costs can be eliminated. Because an Online Magazine Business Model (Blog) doesn’t require anything of it.

Right now I am writing this article and whenever, I will finish this Article, I will publish it. And it will submitted to the Blog and readers from anywhere in the world can read it as a free of cost.

So to read the online magazine, people don’t need to pay those few extra bugs to buy the magazine that they have to pay to buy a physical magazine. This is the advantage of Internet Business. It is cost effective so you can provide goods and services to your customers in a cost-effective way

The same is true for any product or service. Say for Example, Mobiles & Books. If you open a physical Mobile shop or a Book store in the local area than it will have following limitations.

- First of all you will need a large commercial space for your mobile shop or a book store. So it will require lakhs and crores of rupees.

- Second thing is that, Man power. You will require a large man power to operate and maintain the physical shop.

- So ultimately to cover up all the start-up costs and the maintenance and staff cost of your business you are forced to sell your products (In our Example Books & Mobiles) at higher prices to your customers. In other words, you can’t sell it cheap from certain limit.

- Plus the physical Business has limitations. The main limitation is that, it can’t make its presence worldwide. And if it has to make its presence worldwide than it has to invest billions of dollars to expand. Say for Example, if you open a Mobile or Book shop in Pune than your target Customers are from Pune only. A person from Mumbai or California won’t come at your shop to buy your product. And you want the person from California to buy your products than you have to open shop into California and again that will require a large Capital. But for Internet Business, there is no such limitation and that’s why it is Recession proof.

Now assume that, you have open the Online Book store or Online Mobile shop. So what will be your start-up cost?……. Nothing or just few Bugs……

How much manpower do you require to operate online business? Minimal. Almost 1/100 of the traditional Business model. And what will be your Target customers?…. Well From whole the world.

And thus the low start-up cost, low maintenance cost and low manpower makes it possible for you to sell your products and services to the people across the world ate very cheaper price in comparison to the traditional Business model.

The best part of the Web Business is that, you can operate it from your bedroom also. You can’t operate traditional businesses from your home…..

So all of the above factors make the Internet Business Recession Proof. So starting your own Internet Business during the time of recession is advisable.

Because the world is connected with more and more Internet Connections and thus more internet connections means more web traffic and more web traffic means more Revenue for Internet Businesses year by year………..!!!!!!!!!

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01) What can you sell with your Online/Internet/Web Business?