Want to Try Recession-Proof Business? Try Education

[Nomad]

There is a high demand for education because education is the only tool that lets people build knowledge and skills that are required to generate an income. Through traditional schools or training centers, or online courses and online schools, people are always looking forward to educate themselves. Therefore there is a demand for learning centers, which has creamed income opportunity for people to invest and build a business in education sector.

 

[Starmix]

I approached the department of education in our city inquiring about the requirements to run a kinder school. I chose to start from kinder and apply to next level as soon as my school will be established. I already sighted a building and made a partial analysis of my budget for everything. But I retracted when the DepEd administrator required me of a two million pesos bond. I need extra millions for the procurement of computers, A/C, tables, chairs building renovation and more. It's crucial.

 

[Min George]

Education is a basic necessity and provision of such a service would always be fruitful and productive to the people in it.

 

[Augusta]

Sure, as long as humans want to be enlighten and learn even in their different stages of life education would always be needed.

 

[Tobi]

Recession is very normal in due time. It is an inextricable part of business cycle. A recession happens when the expanding market loses in supply-demand balance. During expansion, supply keeps on increasing and so does demand. The consumers, who gets richer by expansion, at one point of time (at what point depends on geographies and cultures), starts saving and investing.

 

[Trush Jodie]

Businesses based on education truly seem to be recession proof. Right from time, schools have always had a very good demands despite economic conditions.

 

[Springtime]

We are now talking about life time learning. There is always a demand for education. Unless you charge a very high tuition fee, your learning center or online courses should always have customers.