What type of businesses have the potential to grow from this bad economy?

Question

What type of businesses have the potential to grow from this bad economy?

Answer 1

Businesses that are well run, don't overcharge & have a good product - in pretty much any market - though some will be harder than others e.g. estate agents.

I had just this discussion with my step father earlier (a top businessman for many years)

The businesses that will now go the extra mile with promotional stuff, leaflets, offers, anything to attract customers and make them welcome & looked after them will be winners because not only will they gain customers from other businesses as a result of their work, as the other businesses go bust they will steal all of their old customers :)

Generally a small recession once in a while isn't such a bad thing - it sorts the wheat out from the chaff - there are far too many businesses out there offering such a poor service at the moment & they will soon go bye-bye!

Answer 2

Loan sharks, money lending.

Cheep fruit and veg market..

Answer 3

viagra business

Answer 4

Well as I am sure that you have already found out things are pretty bad right now in the job market. Things aren't really looking up for the future. I am also going to make a long leap of faith and assume that you are not considering becoming a Bank Robber or a Jewel Thief. Both good paying jobs if you don't get caught! Lets discount these ideas for the moment. You need to get into a field where your job cannot so easily be outsourced. Also you need a job where an employer cannot so easily import a foreign worker. Think about these fields. Law and Medicine. They are big fields and offer a lot of choices and generally with experience pay pretty well. Good Luck  Bob

Answer 5

haha exxon mobil

Answer 6

Property rental, people can't get mortgages so will be looking to rent.  People with capital can buy property cheaply to let it.  

Answer 7

With rising food prices and tough economic times, I've heard that more and more people are doing their shopping at stores such as Aldi, where products are cheaper than they would be at the traditional supermarkets. Thus, stores such as Aldi might begin to create brand loyalty amongst the customers it attracts.

It's an interesting question, though.

Answer 8

p**n....Drugs...Thats all i can think of...even though the latter is "illegal" LOL

Answer 9

Debt collection agencies

Answer 10

Get rich quick schemes in the capitalist business world, (buyouts, IPOs, conglomerates, acquisitions, mergers, and the stock market), do not actually work. Remaining solvent does not actually exist within false economics capitalism.

Profit existing in the capitalist business world, or millionaires existing within capitalism, is pathological deception committed by the 21 organizations spying on the population with plain clothes agents, (with covert fake names and fake backgrounds).

Actual economics is the persons that are paying the business loans of companies voting at work in order to control the property they are paying for.

Capitalism is the psychology of imaginary parents, false economics, and the criminal deception of employees that are paying the bills (including the stocks and bonds, or shares) of companies.

Anti-Democracy republicanism is the psychology of imaginary parents, and false government.

Answer 11

Historically, businesses that aggressively advertise and promote during slow economic times end up prospering and gaining market share more than those who cut back (which would be the normal temptation). So I'd concentrate on businesses that were doing that today rather than a particular industry.