As a Franchise Consultant I get asked all the time "Which Franchises are recession proof?"
My answer: None of them. There is no such thing as a Recession Proof Franchise. Some are more recession resistant than others, but I don't know if a single one that is recession proof.
Some of the Franchises that I see that are doing better than others in a down economy are Senior Care Franchises, Auto Repair Franchises, Home Repair Franchises, & Fitness Franchises.
These are all things people need or really really want. They are the last things that they will or can give up.
If you are considering starting a Franchise in a down economy, make sure to do your due diligence. Talk to existing franchise owners in the system you are buying, make sure to ask them what the challenges are, how is the economy affecting them, what is the home office doing to help you right now?
Good luck and happy Franchising.
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