Food delivery services are recession-proof—just like lipstick, they represent a small luxury that most people can indulge in. Whether you’re a small business owner, freelancer, or CEO of a major company, when it comes to taxes, you’ll probably need an accountant. From tax preparation to bookkeeping services, accounting is definitely a recession-proof business. When everything gets more expensive—due to inflation, economic downturn, or otherwise— consumer demand tends to decline because people either tighten their purse strings or can’t afford the things they usually buy.

Right now, people may need some extra motivation to break through their pandemic health slump. If you have a background in health, exercise, and wellness, start creating content to help people better themselves and get out of a funk. Blogs and articles are a great way to share recipes and workout routines that people can easily do from home with little to no experience. Start filming the ways you decompress, be it cooking, exercising, meditating, stretching or just talk about health habits in general. Once you have the completed video, edit it, add music and upload it to YouTube, TikTok, Instagram, Facebook and other social media platforms to share with your audience. If you’ve built a dedicated following, you can work with your audience to create personalized workouts and diets for them, at a cost.

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Companies including Mistobox, Trade Coffee and Yes Plz Coffee are beneficiaries in the social distancing world. Additionally, some coffee shops that have been closed storefronts have been able to generate new revenue streams by delivering beans, including many shops in coffee-dependent New York City. With many bars closed around the United States due to COVID-19, local liquor and wine stores have dramatically increased sales. JD Phelps, store manager at New York City’s Vintage Grape Wines & Spirits, told pandemic proof businesses Bloomberg that it’s been difficult to keep up with demand in the past few weeks with people wanting to stock up at home. Owners of drive-in theaters in California, Kansas, Oklahoma and Missouri all told the Los Angeles Times recently that business had increased in light of coronavirus. With the U.S. business landscape radically changing in the past several months due to the coronavirus, the majority of stories people are seeing concern businesses that are closing, losing revenue and laying off workers.

Investing in strategies that grow brand awareness and drive sales is crucial for reaching potential buyers and increasing your market share. Try social media marketing, running ads on Google and social https://www.bookstime.com/ platforms, and investing in content marketing to generate traffic to your brand. At 43%, bookstores saw the biggest increase in the number of businesses during the latter part of the pandemic.

What is an economic recession?

Whether these newer titles have the legs to run down the Parasite path, time will only tell but to date, Neon has garnered 12 Oscar nominations and five wins. After partnering with 30West on I, Tonya in 2018, the Micah Green, Dan Steinman and Dan Friedkin-led investment company took a majority stake in the company. So, the proof is in the pudding when it comes to establishing deep relationships with filmmakers and, in many ways, that’s what makes Parasite’s success for Neon so sweet. Tan’s vision has appealed to investors, including Intel and Singapore’s state-owned funds Temasek and GIC, which over the years have backed Razer to the tune of $175 million. When the company went public in November 2017, Tan, then 40, earned the title of Singapore’s youngest self-made billionaire.

Covid-19 required that the search for new talent—with new capabilities—take a back seat to economic survival. Even before working from home became widespread, digital technology was transforming how and where work gets done and how many people are needed to do it. Just like virtual assistants, copywriters are hired when companies don’t have the budget or demand for a full-time writer on the team, or when they have a particular project that requires extra work. They’re an absolute necessity and, regardless of economic climate, they need to be kept in working order. If you’re looking to start a business, especially if you have a background in cosmetology, a beauty salon might be exactly the right place to start. In fact, the number of beauty salons across the nation grew by 14.4% during the Great Recession in 2008, proving that they truly are a recession-proof business.

Accounting, Bookkeeping, or Financial Planning

“The greatest spike in interest has come from people taking food security into their own hands, mostly first-time customers that are gardening,” Jack Whettam, Hudson Valley Seed Co. sales manager, told The Morning Call. “Usually, we see vegetable and flower sales split fairly evenly, though at this time we’ve seen a much greater interest in vegetable seeds, especially high-calorie types like potatoes, corn, beans, and squash.” In particular, coffee subscription companies that deliver new beans weekly or monthly are getting a lot more attention from consumers.