Unfortunately, the Bureau of Labor Statistics has very little to say about the current unemployment numbers that is encouraging.
Every day, thousands of good and honest hardworking Americans are being given their pink slips.
Fortunately, under every rain cloud lies a silver lining. Sometimes it takes unusually severe conditions for the average person to seriously consider making a life-changing decision when it comes to their income sources.
It may take tough times like this to realize that you may never again work in the field you had previously chosen.
So what’s next?
How great would it be to go into business for yourself while helping to meet the basic needs of men, women, and children?
No matter what, you’ve got to eat to survive. So does everybody else.
Following are 4 food service ideas worth considering, plus a simple vendor idea that could get you started on your path toward freedom.
Check out these recession-proof jobs…
Food Service Ideas
Everybody’s got to eat.
And let’s face it, no matter how hard times become, there will always be a market for simple, inexpensive, carry-it-with-you food.
Operating a restaurant business is not always the best option. For one, start-up costs for a restaurant (fast food or otherwise) can run you into the hundreds of thousands of dollars. With a long list of employees, you would be responsible for many people beyond your own family. The risk is huge, especially knowing that 90% of all restaurants fail within the first year.
Few people are in the position to consider a full-fledged restaurant operation these days — especially in light of the current economy. Good news: there are still plenty of other food service opportunities that don’t require a fortune in start-up costs!
Check out this list of small food sales operations that can be started by one person with a modest investment while providing the potential to grow as large as you can envision.
- How to Start a Food Catering Truck Business
- How To Make Money As A Hot Dog Vendor
- How To Operate A Mini Donut Concession Stand
- How To Start A Vending Machine Business
Flea Market Ideas
If food service just isn’t the way you want to go, there is another path that might be worth considering: the flea market business!
With more and more people being forced to move as bank foreclosures continue to plague the housing market, there are lots of basements and garages filled with forgotten knick knacks and little-used items. Believe it or not, those items may be just what someone else has been searching for!
Enter the world of the flea market vendor. If this sounds like something you might be interested in, then check out How To Become A Flea Market Vendor.
Flea markets have always been popular places to make extra money when times are tight.
Becoming a successful small business operator will give you the freedom to make your own decisions. Lots of capital and a fancy education are not requirements in order to succeed as a flea market vendor. Instead, drive, motivation, and a willingness to learn will carry you much farther.
Check out the following CNN video about starting a small business. Perhaps it will motivate you to take the plunge toward recession-proofing your career. Once you become self-employed, never again will you be a victim of someone else’s business failures. Instead, your success (or failure) will be in your own hands.
How To Beat The Recession If You Own A Business
If you own a business and you want to make it through the recession, there are some things you can do:
- Buy with cash, and avoid using credit as much as possible.
- Meet at least once a week with your employees so you can work together as a team to succeed.
- Keep an eye on your cash flow reports and make new reports often.
- Be aware of any rules your bank has attached to any loans or lines of credit your business has.
- Have a business plan and be willing to alter it as often as needed.
For a complete list, check out these top 10 recession-busting tips for businesses.
Another way that many businesses are saving money and hanging on longer in this recession is by bartering. Bartering for services between businesses can save both businesses some money and get each one some new business, as well!