Share
Recession proof niches
Question
Hi,
What niches worth going into that are doing good during a recession?
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Answer ( 1 )
A recession-proof niche is a business or industry that is resilient against economic downturns.
Examples of recession-proof niches include essential services such as health care, education, utilities, and transportation. Other recession-proof niches include consumer staples such as food, beverages, and pharmaceuticals.
Additionally, technology-based businesses can be relatively recession-proof due to their potential for growth and cost efficiency, as well as digital services like streaming and subscription services.