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With 2009 almost dusted, its time to start looking to the best business opportunities for 2010.
According to About.com Small Business Canada a lot of the best business opportunities are green.
With so much concern for the environment consumers are looking more closely at ways to buy their food and technology in an environmentally friendly manner.
Green Technologies
Grants and loans abound at present to fund projects to help solve environmental problems. Irrespective of if you have bought into the gravity of climate change or not, the government has put aside significant funds to tackle the issues. This in turn provides a good opportunity to get a business up and running with the aide of the Government with market demand having been established.
Green Construction
Consumers want there new home or upgraded one to have as low an environmental impact as possible. This will develop into a high demand for homes which meet ratings standards such as R-2000, BuiltGreen and LEED. If you are able to supply green materials, techniques or certifications there is a ready demand for your product.
Senior Renovations
DIY or Home renovation has always been a good market. Increasingly Seniors are looking to stay in their own homes longer and make their lives easier. Finding a niche is the key to success, start thinking about special bath fittings and ramps then think much further there is a solid market waiting to be satisfied.
Senior Care
There is an increasing demand for the senior care range of products. Supplying in-home care, starting a rest home, providing in home services (running errants, housekeeping, preparing meals) are in demand. Check out senior franchises as an alternative market entry point.
Business Security
Businesses will increasingly look to strengthen their security. Different sized businesses have widely different needs leading to a number of niche opportunities from locks to alarms to biometric security.
Nutrition Consulting
There is and increasing concern about food, how its made and where it comes from. This has translated into a grow industry for nutritionists. People are looking for advice about healthy living. There is also an opportunity for naturopaths.
Local Food Suppliers
With an increasing awareness of food origins people want to know where exactly where an how it was made. This is leading to increasing demand for food grown locally and naturally. Farm gate sales and farmers market sales are increasing and restaurants and retail markets focusing on local food represent good business opportunities.
Heating and Cooling Products
With governments around the world boosting environmental grants for consumers this industry will see good growth this year. A consumer who installs a heat pump will not only save money long term but now they get a grant from the government to install it. Smaller businesses who install these products will do well over the next few years.
Social Media Marketing/Management
Social Media is everywhere right now. However many small businesses don’t know how to get the best out of it. If you have skills in social media marketing and can deliver you business will enjoy significant market demand.
These are good business opportunities because they are well positioned taking into account business trends, consumer trends and the economy. They should show good profit for many years.
When considering any one of these opportunities, you need to understand that not every opportunity will fit every person. Always do the basics, properly scope the opportunity, do your homework and always write a business plan before setting of on your next adventure !
According to About.com Small Business Canada a lot of the best business opportunities are green.
With so much concern for the environment consumers are looking more closely at ways to buy their food and technology in an environmentally friendly manner.
Green Technologies
Grants and loans abound at present to fund projects to help solve environmental problems. Irrespective of if you have bought into the gravity of climate change or not, the government has put aside significant funds to tackle the issues. This in turn provides a good opportunity to get a business up and running with the aide of the Government with market demand having been established.
Green Construction
Consumers want there new home or upgraded one to have as low an environmental impact as possible. This will develop into a high demand for homes which meet ratings standards such as R-2000, BuiltGreen and LEED. If you are able to supply green materials, techniques or certifications there is a ready demand for your product.
Senior Renovations
DIY or Home renovation has always been a good market. Increasingly Seniors are looking to stay in their own homes longer and make their lives easier. Finding a niche is the key to success, start thinking about special bath fittings and ramps then think much further there is a solid market waiting to be satisfied.
Senior Care
There is an increasing demand for the senior care range of products. Supplying in-home care, starting a rest home, providing in home services (running errants, housekeeping, preparing meals) are in demand. Check out senior franchises as an alternative market entry point.
Business Security
Businesses will increasingly look to strengthen their security. Different sized businesses have widely different needs leading to a number of niche opportunities from locks to alarms to biometric security.
Nutrition Consulting
There is and increasing concern about food, how its made and where it comes from. This has translated into a grow industry for nutritionists. People are looking for advice about healthy living. There is also an opportunity for naturopaths.
Local Food Suppliers
With an increasing awareness of food origins people want to know where exactly where an how it was made. This is leading to increasing demand for food grown locally and naturally. Farm gate sales and farmers market sales are increasing and restaurants and retail markets focusing on local food represent good business opportunities.
Heating and Cooling Products
With governments around the world boosting environmental grants for consumers this industry will see good growth this year. A consumer who installs a heat pump will not only save money long term but now they get a grant from the government to install it. Smaller businesses who install these products will do well over the next few years.
Social Media Marketing/Management
Social Media is everywhere right now. However many small businesses don’t know how to get the best out of it. If you have skills in social media marketing and can deliver you business will enjoy significant market demand.
These are good business opportunities because they are well positioned taking into account business trends, consumer trends and the economy. They should show good profit for many years.
When considering any one of these opportunities, you need to understand that not every opportunity will fit every person. Always do the basics, properly scope the opportunity, do your homework and always write a business plan before setting of on your next adventure !
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