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What Business to start on a low budget? - Page 5

post #61 of 65
I'd look into anything healthcare, I feel its among the safest investments. Medical health supply stores or delivering oxygen tanks for example. First of the baby boomers are turning 65 this year. Gonna be a lot of old people retiring and getting sick.
post #62 of 65

@inq89, I think there is solid room for growth in that niche. Do you have any insights on stats for Medical Supply stores?

post #63 of 65
Quote:
Originally Posted by enzyme View Post

@inq89, I think there is solid room for growth in that niche. Do you have any insights on stats for Medical Supply stores?


No afraid not, but I'd imagine the climate is favorable. My cousin works for a medical supply and oxygen company that delivers directly to the patient's home. They're business is growing and is opening two new locations. I'd imagine that sector will grow as more retirees grow older and people get sicker.

Think about the rising diseases too, like hypertension, diabetes, and cancer. Any business that has to do with them could profit well now into the future.
post #64 of 65

Spot on.

post #65 of 65
Quote:
Originally Posted by inq89 View Post

Quote:
Originally Posted by enzyme View Post

@inq89, I think there is solid room for growth in that niche. Do you have any insights on stats for Medical Supply stores?


No afraid not, but I'd imagine the climate is favorable. My cousin works for a medical supply and oxygen company that delivers directly to the patient's home. They're business is growing and is opening two new locations. I'd imagine that sector will grow as more retirees grow older and people get sicker.

Think about the rising diseases too, like hypertension, diabetes, and cancer. Any business that has to do with them could profit well now into the future.

Exactly. The elderly are the fastest growing sector of the population. You don't even need to focus on healthcare, just think about services that would benefit an older population - shopping and delivery services, transportation, etc.
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