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October 9, 2005

Small Business Ideas For The Future

Two small business ideas based on new trends that small business entrepreneurs can profit from.

Small Business Idea #1

I was interested to read a survey by the research company DBM who were asked to look at which professional jobs or small businesses ideas are likely to be in greatest demand in the next ten years.

The survey appeared in Fortune magazine in March 2005 and here are the conclusions:

1. The greatest increase in demand by far will be for people who know how to clean up 'spaceship earth'. This is because an increasingly healthy-conscious public is eager to find environmental engineers who can prevent problems rather than simply control those that already exist. Indeed, it is anticipated that over the demand for environmental engineers will grow by at least 50%.

2. The next key area of growth is anticipated to be network systems and data com analysts followed by personal financial advisors.

3. Number eight on the list was PR Specialists.

If you are trying to decide what small business to start, it might well be worth your while to have a look at this survey. If there's going to be a demand for environmental engineers, there is also going to be demand for the businesses that employ them.

Small Business Idea #2

Starting A Business Based On New Trends

Speaking of new trends, when you get a moment why not check out a company called NatureWorks based in Nebraska?

The company runs a factory that can produce 300 million pounds of a polymer called Gylatic acid, derived from bacteria that feed on corn kernels. What is so big about this? Poly-lactic acid is basically a biodegradable corn plastic that degrades, within weeks, into water and carbon dioxide in the humid, 140 degrees heat of a compressed landfill site.

With escalating oil prices, corn plastic is much cheaper alternative. Also, with growing concern about the damage being caused to the environment, biodegradable corn plastic is better for the environment.

Corn plastic is going to be a giant thing in the years ahead. Furthermore, it is clearly going to offer eco-entrepreneurs some extremely exciting opportunities.

David Davis
Small Business Resource

Posted by David at October 9, 2005 4:40 AM

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