In every crisis, there are opportunities. Certain businesses will be thriving during this period of financial calamity.
Daily Finance reports that industries now going gang busters include mining for gold, silver, nickel copper, lead and zinc because of commodity prices now going through the roof, as investors pull away from shares and put their money into commodities. It's also a good time to be a psychologist, marriage guidance specialist and social worker. The financial crisis has created lots of work for those people.
Despite the crisis, some things don't change: people still have to pay taxes and die. So funeral parlours and accountants are in the box seat.
Other recession proof industries, reported here, include liquidators, especially of business equipment, second hand seller and buyers, biotechnology, developers of VOIP, video games, e-commerce and online auctions, flea markets and traders, DIY (Do It Yourself) industry for hardware, supplies and instruction for keeping up maintenance rather than replacing, rental and leasing firms (especially when companies have less cash for purchasing equipment), resellers of anything new or refurbished, and information, classes, books and home study courses on cooking, repair and no-cost leisure activities.
Anyone planning to set up a business over the next three years should consider these sectors.
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