Paradigms are shifting in unpredictable ways. Trends are forming that we can use to help increase our business. Take a look at your business objectives and see if you can integrate any of the following trends to serve an in demand need and increase profits. Here is a list from Entrepruer.com:
Local Business - Demand is exploding for locally grown and made products--for every $100 spent at a locally owned business, $68 comes back to the community.
Economic Turmoil - 8.7 percent of job seekers gained employment by starting their own businesses in second quarter 2009
Green Power - The stimulus plan poured billions into renewable energy.
The Senior Market - The elderly, make up three of the top 10 industries with the fastest employment growth.
Discount Retail – Consumer spending is down 30 percent while discount stores like Wal-Mart are up 5 percent. The Family Dollar is up 25 percent.
Education – Displaced workers are retooling their skills and going back to school.
Parental Outsourcing – Taking care of the family, cleaning the house and homework are all being outsourced.
Health and Wellness - Healthcare and social assistance revenue spent is $452.5 billion, up 3 percent from the previous quarter.
Texas – a youth magnet state and relocation destination.
Affordable Alcohol – an industry that has consistently grown over the last three years.
Pets – Pet owners are expected to spend 45 billion in 2009.
Read the entire article at: http://www.entrepreneur.com/trends/index.html
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