Credit Crunch / Recession Business Ideas and Opportunities

Business Opportunities and Ideas for the Credit Crunch/recession/depression

Just because we are in a recession, credit crunch, depression, or whatever else you want to call it, it doesn't mean that this is not a prime time to setup or start your own business.

TOP TIP: Remember before you commit yourself to setting up or starting a business please ensure that you have done your research, don't invest or spend money that you cannot afford to lose. Research, research and then research some more to ensure the idea sits right, that there is a target market for your proposed business, that your idea, service or product is saleable and most importantly that there is a demand for your product, service (business).

Right then now here's 16 business opportunities or ideas for you to mull over, see if any of them grab your attention and interest:

1. Start a dog walking or pet sitting business.

2. Start a children's day-care service from home.

3. Be a babysitter.

4. Loan out money through an agency (who of course ensures your money will be safe)

5. Start an eBay business.

6. Be a debt collector, start a debt collecting business focusing on either personal or business debt collection.

7. Start a franchise, in anything from debt reduction and debt collection.

8. Start a takeaway.

9. Start a gym or sell gym memberships for a local gym, while we are in the credit crunch people are focusing more on their eating and health.

10. Start a money saving service, help people save money on there expenses, outgoings and bills.

11. Start a repossessions service.

12. Start an organising business helping people organise sales of their personal belongings, or perhaps you could help them set up and advertise a garage or something similar.

13. Get into liquidations, buy liquidation stock from companies going bust and sell on to small traders, market stall owners and so on.

14. Start a pawnbrokers, make money buying items off people and then selling them back to them at a higher price.

15. Start a home clearance service or business, more people are having to leave their homes and often some unwanted possessions so why not offer to remove their unwanted goods and rubbish for a one off service.