Common Home Based Businesses That are Easy to Start

Let’s have a look at some types of home-based businesses that thrive during an economic downturns and present opportunities for home-based entrepreneurs:

Food business. Food is one business that remains strong during a recession. The key is to customize your products to fit in your buyers’ shrinking budget. Sales of chocolates are also up as consumers treat themselves to smaller and cheaper indulgence that they can do from the comforts of their homes.

Virtual Assistant. The virtual assistant industry is growing as businesses reduce their costs and outsource some basic functions. A virtual assistant, or VA, is a highly skilled professional who in more ways than one, serve as administrative assistant except the communication and work are all done online or via email. This can be a low-cost and recession resistant home

Cosmetics and little indulgences. Guess what; demand for cosmetics remain strong even when times are tough! Demand for cosmetics seem recession proof as women continue to indulge themselves by buying lipsticks and powders.

Trading Assistant. In a recession, more and more people are looking to sell some of their unused and unwanted items at home to get some extra cash to pay bills. While many have heard of online auctions such as eBay and classified ad sites as Craigslist, there are those who do not have the time or the knowledge to sell their things online. EBay has a program called eBay Trading Assistant that allows other users to sell items of other people on eBay.

Home-Based Tutoring Business. Even with a recession, education and learning are still high on the priorities of parents everywhere. Regardless of their financial situation, parents want their children to learn and succeed in school and will be willing to hire a tutor if necessary.