Are you searching for small business investment opportunities in Louisiana, United States? Are you considering starting a business in Louisiana but you simply lack ideas on what business to start? If YES, then I advice you read on as this article will help solve this problem.
After decades of experiencing a great outward migration of individuals and businesses due to a notoriously poor business climate, Louisiana has made a dramatic economic transformation over the recent years and has now become one of the most business-friendly states in the United States.
According to Site Selection Magazine’s 2013 ranking of states by business climate, Louisiana’s business climate is the sixth best in the country. This drives home the fact that the state is one of the most attractive places to do business across a wide spectrum of both traditional and burgeoning industries.
Louisiana’s business-friendly climate supports the rapid growth of not only large business, but small businesses as well. If you are looking to start a small business in Louisiana State, here are 10 small business opportunities you should consider due to their exceptionally huge potential:
Top 10 Small Business Investment Opportunities in Louisiana
1. Online marketing
Do you pride yourself on the being an expert in any of website design, search engine optimization, copywriting, social media marketing, pay-per-click marketing, or other online marketing strategies? Then you can make a killing catering to Louisiana businesses looking to strengthen their online visibility in order to attract more customers. Since consumers are now using the internet to find information about products and services they need, businesses are now spending big on online marketing campaigns.
Are you serial entrepreneur? Do you have a track record of having grown multiple small businesses into solid brands? Then you can turn your experience into money by advising and mentoring small business owners who need to learn strategies for growing their businesses. With the large number of small businesses in Louisiana, you’ll have a huge market to serve.
3. Food truck
While there are already many restaurants serving Louisianans their favorite delicacies, starting a food truck business is a smart way to beat those restaurants to their game. Why? Because people naturally love convenience, and they prefer patronizing food trucks because these “mobile restaurants” take food closer to their doorsteps. Starting a food truck is far cheaper than setting up a brick-and-mortar restaurant.
As with other Americans, Louisianans love dogs and take care of their dogs just like they would their own children. Each year, the average dog owner in Louisiana spends thousands of dollars on his/her dog. This has only created a nice market for businesses that offer dog-related products (dog foods and treats, fancy dog wears, etc) and services (pooper-scooper, dog walking, obedience training, vet services, etc.)
5. Senior care
As the quality of healthcare keeps increasing in the United States, the average life expectancy is equally increasing. This explains why senior citizens now make up a significant fraction of the population in most states—including Louisiana. Seniors need various specialized products and services, such as senior transport services, senior errand services, senior healthcare services and so on.
Mothers are becoming busier than ever due to the increasing need for them to take up day jobs. This leaves them with little or no time for their children. Child care service businesses help busy mothers look after their children while at work or away for other reasons. This business will most likely thrive in Louisiana because many mothers in the state are of the working class.
If you are physically fit, enjoying exercise, and can teach people, then you can start making money as a fitness coach. More and more Louisianans are becoming aware of the health risks of being overweight or obese. And many need the services of fitness coaches to keep fit and achieve their personal fitness goals.
The E-commerce industry in the United States is booming. With big brands like Amazon and Walmart leading the pack, there is still room for new players in the industry. A smart way to make money off of Louisianans is to start a small local E-commerce store that caters to them only. People tend to patronize businesses targeted at them rather than those catering to a more general market.
With the increasing awareness of the multiple benefits of going green, businesses are trying to adjust their operations in line with the global campaign for the protection of the planet. However, most businesses lack the expertise required to make this happen, so they hire the services of green living consultants who help them map out strategies for going green successfully.
Since transportation is essential, most transport businesses end up profitable due to the huge demand. If you have the required capital, consider starting a local taxi service or an inter-city transport service within Louisiana.