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What Business to start on a low budget?

Discussion in 'Business, Careers & Education' started by Mr_Incognito, May 31, 2011.

  1. inq89

    inq89 Senior member

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    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.
     
  2. enzyme

    enzyme Member

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

    inq89 Senior member

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    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.
     
    1 person likes this.
  4. enzyme

    enzyme Member

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  5. imatlas

    imatlas Senior member

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    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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