What Types of Businesses
Are Making Money These Days?
Over the last few months, it's been
curious to see the types of businesses that are flourishing in the
aftermath of the September 11th tragedy. While the travel and
technology industries have been hit hard, there are several niche
sectors that are doing brisk business these days. If you have an
interest in one of these areas, it's time to make the most of it.
1. Security
From mom-and-pop stores to
international corporations, many companies are re-evaluating their
current security and disaster plans. If you have a law, security, or
military background, you could consult, write, or speak on the topic.
2. Business Start Ups
With so many layoffs and an
uncertain future, the newly unemployed or the
afraid-they-might-soon-be-unemployed sectors are looking for other
ways to make money quickly. If you have tools and resources for this
population, now's the time to pull them out and offer them to this
eager market.
3. Home Decor
Many people who are suddenly afraid
to travel are finding ways to improve their everyday spaces instead
of escaping them for a few days' vacation. The craft, floral, and
home improvement industries have all benefited from this recent
trend. If you do home improvements or crafts, or can teach others how
to do what you do, now's the time to turn your talent into cash.
4. Home Entertainment
One thing the tragedy has taught us
is that we never know when loved ones might be taken from our lives.
With that in mind, many home entertainment sectors have noticed a
sharp increase in parties and other gatherings. From Sunday dinner
with the family to movie night with the neighbors, people are taking
the time from their busy schedules to "stop and smell the
roses" with their nearest and dearest. If you have an interest
in planning parties, catering, or other home-entertainment services,
now's a great time to take advantage of this trend.
5. Patriotic Symbols
Two months after the disaster,
sales of patriotic items continue to be brisk. From flags to magnets,
sweatshirts to cards, anything that shows patriotism is selling well.
If you make such items or can find a reliable wholesaler, you can
turn this show of national pride into a comfortable income.
These are just a few examples to
get you thinking. While many industries are hurting in the aftermath
of September 11th, there are plenty that are reporting record sales.
If you're thinking about starting or expanding a business, don't
despair over the bad news of layoffs and projected shortfalls in
corporate earnings.
Instead, keep your eye on the news
for opportunity. There are plenty available. All you have to do is
find a way to tap into them.
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Again, opportunities abound if you
just look around. Open your eyes to possibilities, and you'll be
surprised at what's available.
Good luck! |