Home Is Where the Profit Is

More people are staying home because of the recession and that's good news for both home renovation businesses and businesses selling products that help do-it-yourselfers fix it up.

Retailers, service cos. gain as people stay home (Associated Press) says that while construction and major remodeling are still sluggish, there's a growing demand for handyman, painting and flooring services demand has risen at big-box home-improvement stores for items to make small repairs and maintain lawns and gardens.

This quote tells the story:

"My wife and I had thought of this as more of an in-between house," said Scott Nichols, 50, who had considered moving from his suburban Cincinnati home to a condo or ranch-style house. "Now we have decided to concentrate on making our current home exactly like we want it, pay it off and stay."

So home renovation services is still my number one Top Home-Based Business Opportunity. You'll also see that I chose repair businesses as one of my Best Business Opportunities of 2009.

Image (c) Pamela Adam.

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