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Profitable Business Ideas that do succeed in the economy of today are more plentiful than you would think. The biggest growth is expected to be demand for companies that cater to a particular demographic of the population. Landscaping companies, tutoring centers, elder and disabled person care, fashion for the budget minded and community food catering companies are succeeding right now. These enterprises will continue to grow in the future because there is an ever increasing demand for their services as the baby boomer population is now heading into retirement. Low start up costs make these businesses particularly attractive for entry into the marketplace. Starting a landscaping business can be done with as little as $1000. To keep costs down, buy used lawn care equipment. Only after turning a significant profit should you even consider buying new. Because of the recent economic downturn, fashion designers who design for the budget conscious consumer will do the best. You will need enough capital to turn out at least three seasons of products to convince retailers of your professional commitment for a minimum of $5,000 in start up capital. Are you a teacher in math, science and English and want to get out of the public school system? For $4,000 in initial start up costs, why not start your tutoring center? You can recruit highly educated colleagues to work with you and develop a tutoring curriculum plan. Use marketing to find a niche for specialized tutoring, whether it be for SAT prep or for English language tutoring for second language speakers. Rent office space and used equipment to lower expenses. For those wanting to start a restaurant or catering business, start up costs can be as little as $500 but can go as high as $1 million. There is currently a demand for healthy, organic meals at reasonable prices. Again find a niche such as preparing or delivering gluten free or organic meals. Do research on local laws and health regulations regarding food preparation and permits. You may be even required to rent commercial kitchen space to run your catering business. Personal service companies are undergoing a very high demand for their services. As a personal service provider, you could do anything from running errands, buying groceries, taking your clients to medical appointments or even arranging housekeeping and lawn care for them. A company like this gives their clients their cherished independence without having to move into a nursing home. However, this can be a very demanding business to run so you must have a passion for this type of work. One businessman said it was like looking after 52 elderly parents. His company started in 2003 was profitable in just six months. As the baby boomer population grows older, the demand is for companies that can handle the needs of clients who still cherish their independence. Start up capital is not a lot in comparison to many franchises that demand a six figure capital start up. With the right work ethic and marketing, you too can be successful right now. New business ideas are all around us and now may be the best time to start your own business. There are several profitable business ideas which will allow you to become self employed and leave the grind of the nine to five world. For some great new business ideas, visit Profitable Business Ideas today.
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