The last recession hit the United States hard. Hardly a day goes by where we don’t see or hear some mention of it in the news or on social media. The talk of another recession has been brewing for a while now, and it seems that 2022 may be the year it finally hits.
If you’re thinking of starting a business, then you may be wondering if now is the right time. After all, starting a business during a recession can be risky. But it can also be very rewarding if you choose the right business and manage it well.
In this article, we’ll take a look at 44 businesses you can start during the 2022 recession. We’ll also give you some tips on how to make your new business thrive in spite of the economic downturn.
1. Home-Based Businesses
One of the best things about starting a home-based business is that you don’t have to invest in office space or expensive equipment. You can also use services like TaskRabbit and Fiverr to get started without hiring any employees. And if you have kids, you can save on child care costs by working from home.
Here are some home-based businesses you can start during the recession:
1) Social Media Consultant
If you’re good at promoting brands or businesses on social media, then you could start your own social media consulting business. You can work with small businesses who need help getting started with social media marketing or who want to improve their existing social media strategy.
2) Freelance Writer/Editor
If you have a knack for writing or editing, then you could start your own freelance writing and editing business. You can offer your services to businesses who need help creating content for their website or blog, as well as individuals who need help writing resumes or cover letters.3) Personal Trainer/Fitness CoachIf you’re passionate about health and fitness, then you could start your own personal training or fitness coaching business. You can work with clients one-on-one or create workout plans and nutrition programs for them to follow.4) Personal ChefIf you love to cook and entertain, then becoming a personal chef could be the perfect business for you. You can cook meals for busy families or individuals who don’t have time to cook for themselves.5) Virtual AssistantA virtual assistant provides administrative support to businesses and individuals from a remote location. If you have experience as an administrative assistant or are good at organizing things, then starting your own virtual assistant business could be a great way to make money from home during the recession.6) Pet Sitter/Dog WalkerIf you love animals and live in a pet-friendly neighborhood, then becoming a pet sitter or dog walker could be a great way to make extra money during the recession (and get some exercise too!).7) House CleanerA house cleaning business is always in demand— especially during tough economic times when people are looking to cut expenses wherever they can. If you enjoy cleaning and have an eye for detail, then starting your own house cleaning business could be a great way to make money during the recession (and beyond).8) Landscaping/Yard MaintenanceAs people look to save money by cutting back on their spending, many will choose to do their own lawn care and landscaping instead of hiring someone else to do it for them. If you enjoy yard work and have some basic landscaping skills, then starting your own landscaping or yard maintenance business could be a great way to make money during the recession (and beyond).9) Personal ShopperA personal shopper helps busy people find gifts for birthdays, holidays, and other special occasions— without having to do all the legwork themselves