When considering any franchise, one question you might ask is whether it is recession-proof.  This is a good question to ask, especially now.

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Some franchise businesses flourish during recessions — which suggests they are recession-proof.

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If you are looking for a franchise that will be safe during a recession,

here are four industry examples to consider.

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Recession-Proof Franchise #1 – Health Care

People continue to need medical care, whether the economy is good or bad. That makes this a great franchise sector to consider.

There are many different types of health care franchises, from in-home health care to senior care and more.

Want to find the right health care franchise fit for you and your interests? We can help.

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Recession-Proof Franchise #2 – Cleaning Services

 

Cleaning services are another business that does well during tough economic times.

People may not be able to afford to hire a full-time housekeeper, but they can still afford to have someone come in and clean once a week or so.

Plus, as businesses downsize, there is still office space that needs to be cleaned regularly. 

These types of franchises often have a low investment and offer an executive 9-5 model where the owner acts as CEO and manages a steady multi-million dollar franchise.

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Recession-Proof Franchise #3 – Automotive 

Regardless of the economy, vehicle maintenance is a must. However, during a recession, people keep their cars longer, and older vehicles require more maintenance. People don't want to make a high-ticket purchase like a new car at such times. Thus making automotive franchises even more viable.

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Recession-Proof Franchise #4 – Home Repair

People tend to save money by repairing what they already have. This includes their homes. The home improvement industry is always considered recession-proof because people still spend money on repairing their homes even when the economy is bad. People usually choose to renovate or upgrade their homes instead of selling and moving during a recession.

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Here are 9 of the top franchises to own click here