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6 Small Businesses That'll Thrive in this Economy
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Geezeo.com
Geezeo.com believes that cutting edge financial tools and services don't require a high price tag. Geezeo is a free web-based personal finance application that makes it easy to track your finances, set financial goals, and learn from others. Popular content includes Money 101 and Money Confessions.
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Staff Writers | MainStreet.com
During a recession, many small businesses are forced to close their doors due to lack of sales and increasing overhead costs. However, restricted economies can actually help some small businesses succeed, as people cut back on brand-new luxuries and seek out companies focused on repair and renewal. Companies that offer cheap goods and repossession services also top the list. Here’s a look at some small businesses that continue to hold strong, despite the current state of the economy.
Shoe Repair Shops
Believe it or not, cobblers usually find that they make a much grander living during times of economic recession. Instead of purchasing new shoes, men and women alike flock to shoe repair shops to mend their worn-out footwear. For around $20, most customers can fix their shoes instead of purchasing new ones.
sss420
3 months ago
60 comments
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katehim
3 months ago
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Stimulus, why not just loan four hundred thousand dollars to 6 million small businesses?
Wouldn't That create real jobs?
The amount is about as much as the Bush Stimulus and the Obama stimulus combined. But it would actually create tons of jobs.
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3 months ago
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Small business and the Internet is really revolutionizing. Make Money Online
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3 months ago
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A small business with 6 to 8 computer backup system and required devices
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I have read the article, and think it has great information! I have started my own business, but it is slow going.
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katehim
4 months ago
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Stimulus, why not just loan four hundred thousand dollars to 6 million small businesses?
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