Recession Buster Business Opportunities
Recession Buster Business Opportunities
Are you still waiting for the jobs to come back? A friend of mine bought a sander for $30, because he wants to sand some wood he got for free. He is retired and is on Social Security. The sander was made over-seas. An American-made sander would cost at least three times as much. He can't afford that, and at that price, he would not buy one at all. People can argue about whether or not it should be this way, and politicians will say whatever gets them elected. But none of that changes the fact that YOU need to be making money, even if unemployment stays high, because a lot of the jobs that were held in this country for a long time are just not coming back any time soon. The politics can be discussed elsewhere, but right now it is time to talk about the fact that every American needs to own a business, and make money online, whether they are employed or not.
Having your own business is more crucial than ever. When tax time comes around, you should be using every legal means available to reduce your tax liability. Buying a home definitely has tax advantages, but the tax advantages of home ownership is not as good as the tax advantages from owning a business, in my opinion. (I am not a financial adviser, tax preparer, and I recommend you get your tax info from irs.gov). That is why you should do both; buy a home and have a business. Now that the credit pendilum has swung away from the ridiculous lending practices of banks making loans to high risk defrauders, over to banks not lending any money to anyone unless they are already rich with A-1 credit, now it makes a lot of sense for people who do not qualify for buying a home today to start a home business instead.
There are two business opportunities that I am affiliated with. In fact, the owner of both businesses is a good friend of mine I have known for over 20 years. These business opportunities are not just businesses I found about online, or read about in a magazine. I have looked at thousands of business opportunities in the past 30 years. Recessions tend to spawn the creation and promotion of many so-called business opportunities that are nothing more than empty pyramid schemes, scams, rip-offs, and deals that are the equivalent to chain-letters. Be aware of anything that boasts getting rich quick with no learning or effort involved. The select few business opportunities that I am involved with are business opportunities that I would feel recommending to my closest friends, if they asked my opinion. They are not for everyone, and there is no guarantee that they will make anybody rich who does not want to invest some learning time and effort. But if you are in a situation where having your own business makes good financial sense to you, and you could use some income and tax breaks, then
The way to beat the recession is by making money with your own business, part time or full time.












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