Ent 12 Best Business Opportunities 2009

Name: ______

ENT 12 – BEST BUSINESS OPPORTUNITIES 2009

1. Why will fast food franchises be considered a good business opportunity in 2009 even though consumers will have less money to spend? Does this surprise you? Why or why not?

2. Why does Susan Ward feel repair businesses will provide an opportunity in 2009?

3. What is a collection agency? Why is this opportunity “a sign of the times?”

4. Why will a business providing medical supplies provide an opportunity in the years to come?

5. What is your opinion of motivational speaking as a business opportunity? Have you ever heard a motivational speaker? What was the topic?

6. What type of cleaning businesses will likely survive the troubled economy and why?

7. Do you think investing in a discount store is a good business opportunity in Halifax? Why or why not?

8. Can you think of a sports equipment business that might be successful in Halifax that is currently unavailable or for which there would be little competition? 9. Why are senior care businesses likely to be successful? Name: ______

10. Name a local business (or businesses) that supports Susan Ward’s opinion on anything chocolate being a good business opportunity.

11. Compare the lists for 2008 and 2009. (Note: the definition of xeriscaping is: environmental design of residential and park land using various methods for minimizing the need for water use.)

2008 2009 1. Eco-products 1) Fast food franchises 2. Niche travel 2) Repair businesses 3. Solar installation specialists 3) Collection agencies 4. Senior care 4) Medical supplies 5. Mobility products 5) Motivational speakers 6. Green consulting 6) Cleaning businesses 7. Organic food 7) Discount/surplus stores 8. Xeriscaping 8) Sports equipment 9. Import Consulting 9) Senior care 10. Home renovation 10) Chocolate

What similarities are there?

Are there any surprises in either list?

Why do you think there is less emphasis on being “green” in the 2009 list?