If you enjoyed the first part of our list of businesses that are expected to trend, then you’ll surely enjoy another batch. This week, we have compiled more low-income businesses that you can easily startup according to Business News Daily staff writer Nicole Fallon.
#12 Healthcare Consulting
The new age for medicine paves way to modernization and changes in this industry’s market. If you’re one with a degree or knowledge in marketing, you can offer hospitals and medical establishment analysis of their data and management based on the Affordable Care Act and help them improve their services while maintaining the flow of profit. After determining the weaknesses of their operation procedures, you can suggest improvements and changes in order to improve their cash flow and even save some operation costs.
#11 Mobile Food Carts or Food Trucks
Food service is one of the most common businesses that achieve success simply because it caters a basic necessity. And with innovations, you can still improve food service. Why not try a mobile food cart or a food truck? By doing this, you can bring your products to your customers instead of waiting for them to come to you. This venture has high success rate according to a study conducted by Intuit and Emergent Research in 2012. The study predicted estimated revenue of as much as $2.7 billion by 2017. Also, this venture is less expensive compared to the traditional brick-and-mortar restaurant since it only has about 10 to 20 percent of failure rate while the latter has at least 60 percent to as much as 90 percent failure rate.
Outsourcing had been the trend for companies who wish to improve their teams’ set of skills with very minimal cost. You can make the most out of it by entering the world of freelancing. No matter what you skill set may be—writing, data analysis, SEO, data encoding and many more—you can become a freelancing provided you have a PC or a laptop, access to the Internet and the patience to look for the right job. Some of the most in-demand services include data entry, Web search, academic writing, Excel projects, data processing and even Facebook-based jobs.
#9 Mobile Consulting
Nowadays, you cannot get clients to stay loyal to you if you still require them to go to your office at your office hours just so they can acquire your services. In fact, mobile consulting has surprisingly become a necessity for all types of businesses because it provides easy access and communication with the company who provides the products or services you wish to acquire. With that said, you can also make money from this need through mobile consulting.
Services that require specific and unique skills are very in-demand especially if involves communication. This is because communication is one of the most important factors in order for a partnership to bloom. Having the command for the international language which is English and any other foreign languages like French, Chinese, Spanish and many others can become a gold mine if you know how to use them wisely.