+1 206 302 0063

Recession-Proof Businesses That Can Strengthen Your Portfolio

May 11, 2021 | 1 comment

Recessions tend to make most people want to reevaluate their resumes. If this sounds like you, you might be wondering what type of experience you should seek out. While there are a variety of career paths you could consider, these will allow you to get the experience necessary to know what it takes for a business to thrive during a recession.

Grocery Stores

When recessions hit, grocery stores still stay in business. Knowing what it takes to keep a grocery store operating and serving the community during a challenging economic time will give you valuable experience.

If you start to think about the idea of running a grocery store, there are a variety of ways to approach it. In some areas, it might be a good option to build a grocery store virtually from scratch—in many areas, small family-owned grocery stores do very well. On the other hand, you can also look for job openings managing different franchises of already well-known grocery stores.

Healthcare Practices

Healthcare is another area that tends to be incredibly recession-proof. Figuring out how to get experience in the healthcare sector might seem challenging at first especially if you don’t have an extensive medical background. But there are ways you can gain important experience on the backend. For example, e-commerce software can help you integrate online and in-store prescription sales.

Delivery Services

During the COVID-19 pandemic, delivery service companies have seen a massive jump in business. Understanding how to navigate the incredible complexities of supply chain management will be applicable in virtually all other businesses.

Having this on your resume could be a huge strength. There are a variety of ways you may consider going about getting this experience. On one hand, you may find valuable takeaways from performing in an on-the-ground type of role. You may even consider seeking out opportunities to be a driver for Amazon or UPS. On the other hand, as you look for different opportunities to get more supply chain experience, remember that you can develop these skills in virtually any capacity where you have to manage the flow of goods and services.

There are a variety of businesses and sectors that you can explore to get more experience. As you go forward, think about your strengths and your priorities. Do more research about individual opportunities as they come up so you can make sure to find the business that is the right fit for you.