Below is a list of successful small businesses that those who are unemployed may want to consider starting. These businesses have been very successful despite the downturn and are a particularly good idea for new entrepreneurs to consider because they are service based and have low barriers to entry. They offer great opportunity for growth and profits, and carry little to no overhead expense.

 

Computer program design – People have big ideas but don’t necessarily know how to make them happen.  This is where computer systems designers come in; they design technology to fit their customers’ needs.  Computer systems designers have seen their sales increase by 10.4% over the last 12 months.

Child day care – While day care can be a big expense for a family, it is also one of the most important.  Believe it or not, people are still working and leaving their children in daycare. Sales of daycare providers have grown by about 4.3% over the last 12 months.

Consulting – This is especially a great option for industry experts in any given topic (real estate, retail, advertising, etc.) that have recently been laid off. People           always need advice, especially when trying to navigating out of tough economic times.  Management and technical consulting firms have experienced growth of 5.4% over the last 12 months.

 

Hair and nail services ­– People haven’t been letting their looks go by the wayside and it is unlikely that they will start now, with signs of an upturn imminent. Personal care service providers saw their sales grow by 5.1% over the last 12 months.

Home & office painting – While many people aren’t moving right now, they are taking care of what they currently own or rent. Painting contractors experienced sales growth of just over 5% over the last 12 months.

 

 

This entry was posted on Thursday, June 25th, 2009 at 9:59 am and is filed under Privately Held Companies. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.