Struggling Financially? 7 Recession-Proof Businesses You Can Start Today.
These businesses are great to start during a period of recession
Having a hard time finding work? Try these business ideas!
Twitter Ghostwriter
A ghost writer is one who creates tweets on behalf of another. For example, you can create tweets for entrepreneurs so it’ll look like they’ve created it themselves. It resolves their problem of being too busy to create tweets or being uncertain about what they should tweet about in the first place.
How much should a Twitter Ghostwriter charge?
The prices that such ghostwriters charge isn’t clear. Usually, a decent writer will charge from $500 to $600 per month. That is the fee the majority of beginners charge. But you should charge more if you have a proven track record of creating engaging tweets.
Van Build Consulting
Conversions Consulting offers custom support when building a camper van.
How much does a van conversion usually cost?
Used, older vans might cost $25,000 or less; however, include less comforts and amenities. These conversions usually cost from $10,000 to $50,000, which doesn’t include the van itself, depending on components included and materials used.
How long will a van conversion take?
The simplest ones may be done in just a couple weeks, whereas more complicated van coversions might take from 2 to 3 years. Factors like build material availability, van build expertise, and whether you’re working part or full-time on the van determines the length of time it’ll take for renovations.
Car Flipping
Similar to house flipping, flipping cars involves purchasing a vehicle then rapidly selling it in order to earn some quick money. A lot of car flippers like to flip used cars, yet it isn’t uncommon to see people flipping new vehicles.
Is car flipping profitable?
Car flipping may be highly profitable, particularly if you are knowledgeable about automobiles and know what you should be on the lookout for while buying one. You want to purchase the car for as little as possible then sell it for as much as you can get, so knowing how to obtain a good deal is important.
Need some guidance? Here’s a great article, “Beginner’s Tips For Flipping Cars” Hope that helps you get started on your journey!
Related Reading: 9 High Paying Jobs To Do From the Comfort of Your Home
Sell Templates
Is template selling profitable?
The answer is yes. Selling templates for Canva is profitable; however, it mostly depends on the following factors:
- How much time gets invested in the designs.
- How large a market there is (or how well your designs are marketed)
- How unique the designs are.
How much can you earn by selling templates on the internet?
It’s possible to earn about $1000 a month, just from selling your very own templates.
Can you earn by selling Excel templates?
The answer is yes, you definitely will earn cash by selling spreadsheets on the internet. Billions need to use spreadsheets on a daily basis, even if they do not want to or do not know how to. The spreadsheet templates may free up their time from tedious admin tasks to spend more of their time doing things they enjoy.
Here’s a great article, “How to Sell Excel Templates Online” There’s a huge demand for spreadsheets, so this one might be right up your alley!
Teach a Skill
If individuals want to update their skills for the ever-changing workplace today, you can fill that gap! Here are 10 sites where it’s possible to teach new skills:
Invest in Monetized YouTube Channels
It might be hard to monetize your YouTube channel and turn it into full-time employment, no matter how diligently you work at it. Therefore, it just makes sense to buy a monetized, pre-existing channel.
However, it may be difficult to monetize your YouTube channel and turn it into a full-time occupation, no matter how hard you work.
So, it makes sense to invest in a pre-existing, monetized channel. It is one way to save time and get a chance to work on monetizable content instead of devoting all your energy to building a YouTube channel from scratch.
Here are the best sites for investing in monetized channels:
What is the process of purchasing a channel?
Because of YouTube’s account policies and Google’s strict IP policies, transferring a YouTube channel may be time-consuming. The odds of your account becoming immediately monetized are very slim.
After a 7-day transfer period, complete ownership gets transferred, and it’s possible to make new content for your channel. But there might be delays if they detect any suspicious activity. It’s possible to still immediately access the channel, yet Adsense approval might take a bit longer.
Acceptance into the Partner program on YouTube is step one toward making a successful YouTube channel. Although maintaining growth after that milestone is going to be more challenging, you should still have the ability to generate significant profits from the newly monetized channel if you use the right tools and take the right approach.
Interested in buying a monetized blog instead? Read this article, “Where To Buy Websites: 11 Monetized Niche Blogs For Sale”
Click here to see all the currently available blogs for sale.
Start Up An Equipment Rental Business
Are you seeing an uptick in construction where you live, or an abnormally high number of renters currently getting into the business of house flipping? If you do, there is likely an increasing audience in your locality for equipment rentals. In order to fill this market, you should know what your prospects are on the lookout for. It’ll help in determining what type of equipment prospects are looking to rent, how much you will charge and how much business it’s possible to expect to drum up.
Reach out to local construction companies, builders, and home renovators. Ask them which type of equipment they use the most, what brands they like, what price range they expect, as well as which kinds of projects they typically take on.
Stock the Best Available Inventory
According to recent census data, the average start-up cost for an equipment rental business was $75,000. But that figure may vary widely depending upon where you live and what type of equipment you’re planning on renting out. For example, if you are foregoing a heavy equipment business to focus on small-scale tools, it will cost much less to stock the inventory and thereby significantly bring down any startup expenses.
Set a Budget
Investing in the inventory will likely be your biggest upfront expense; however, also consider the smaller items, like salaries for staff and space for equipment storage. Also, you should budget for insurance. Those who are not your employees are going to be using the equipment, which might stick you with some terrible liabilities if the equipment becomes damaged or causes injury to another person while being rented.
Talk with an insurance agent to figure out what kinds of coverage your equipment rental business may need.
When you get an idea of the costs you’ll be facing, it will be time to set up a plan to make a profit. Establish prices for the rentals that’ll help to go through with the plan.
Create Waivers for Clients to Sign
Usually, equipment rental businesses have their clients sign a couple of agreements to take out things for rent, which includes these:
- Indemnification agreement
- Hold-harmless agreement
- Conversion warning
Getting Your Business’ Name Out There
Make a web presence, which includes a professional-appearing website and social media pages that includes all of the information prospects need to contact you to reserve a rental or receive a quote. Also, take out advertisements in the newspaper, and remain connected with the construction businesses who answered all of your questions at the start. They may wind up being your first customers.
Are you currently working in any of the above businesses? If so, I’d love to hear your input! Please feel free to share in the comments section!
For more cool stories like this consider subscribing to get my stories added to your inbox here and never miss a story!
Interested in end times Bible prophesy? Check out my Substack here where I talk about current events you’ll want to hear about concerning the end times and what Christians can do to prepare.
