The recent recession been experienced in Nigeria and several other countries in the world, has left thousands jobless, and even more thousands with pay-cuts. Businesses are losing millions of dollars in revenue, and the ripple effect of this negative trend is carried on to the workforce.
Since multitudes are affected by each industry’s ongoing downsize and bankruptcy calls, the next reasonable call of action would be to find suitable alternatives that are inflation proof. These would help businesses and would-be entrepreneurs start ventures that are both lucrative and resistant to recession vices.
Here Are 6 Recession Proof Small Business Ideas & Opportunities You Can Start Today In Nigeria
1). Become A Money Lender:
With the percentage that banks charge on both personal and business loans staying high, several smaller professional money lenders are springing up. People tend to seek more funds during a recession, and anyone with a large vault of cash to…
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