Do you reside in New Hampshire and you need ideas for starting a business? Here are top 10 small business investment opportunities in New Hampshire, USA.
New Hampshire is one of those states that make up the United State of America. Although the capital of New Hampshire is the Concord but its largest city is Manchester. New Hampshire is located in the New England area of the north – eastern part of the United States. It is a small state, and as a matter of fact it is the 5th smallest state and the 9th least populous state when compared to the rest of the 50 states of the US.
The state of New Hampshire is noted as one of the states where granites can be found in high commercial quantity hence the nick name “The Granite State” and also it has the highest percentage of timberland area in the whole of the United States. Tourists go to New Hampshire for sightseeing, as well as other activities like snowboard, mountain biking, hiking and skiing.
Other sources of revenue generation for the state of New Hampshire are basically in the Agric sector and also the manufacturing industry. For instance; you could also get commercial quantity of dairy products, cattle, apples, chickens and eggs in New Hampshire.
If you are looking for a profitable business to start in any of the cities in New Hampshire, then you might want to consider choosing from any of the business opportunities that is listed below;
Top 10 Small Business Investment Opportunities in New Hampshire
1. Rubber and Plastic Production
If you live in New Hampshire and you are looking for a profitable business to start, then you might consider starting a Rubber and Plastic Production company. Starting this line of business means that you can be rest assured to make good turnover year in year out if you understand the market dynamics.
All you need to do is to source for manufacturing companies and then help them manufacture all the packages they would need for their products. The most important thing in this type of business is your ability to be creative with your products because there is a lot one can do with rubber and plastics.
2. Sale and Exporting of Apples
New Hampshire is one of the states where apples are produced in large commercial quantity. One of the good thing about apples is that if well packaged it can last for months without getting spoilt. So much more than selling apples in the state of New Hampshire, you could also export apples to other part of the world. Loads of people in South Africa and in some part of the world are making huge money exporting apples especially to places where apples don’t grow.
Tourism is a thriving industry in the state of New Hampshire; people come into this city for some sort of sporting activities like camping, hiking, mountain climbing and biking and a host of other activities. If you know you have interest in any of these activities, you could serve as a tourist guide.
As a matter of fact, you don’t need money to start this kind of business. All you would need to get started is your knowledge of the area and also you willingness to work with people of different race and culture.
Real Estate business is another thriving business in the state of New Hampshire. You don’t need to be a big investor before starting your own real estate business. As a matter of fact, you might even start as an agent if you do not have the money to build your own facilities. But if you have the capital required, then you could look towards, building service apartments or motels in areas where tourists visits.
5. Electric Equipment Store
One other business you might want to dabble into is starting an electric equipment store if you live in New Hampshire. It is a thriving business, and you are able to get electrical equipments directly from the manufacturers in the state of New Hampshire at a cheaper rate. There are factories that produce electrical equipments in New Hampshire and you might also choose to become a distributor with.
6. Shoe Manufacturing
Another not too expensive business that you might consider starting in the state of New Hampshire is the manufacturing of shoes. You could establish a factory that manufactures all kind of shoes and you can be rest assured of getting good returns on your investment especially if you explore international markets.
If you start a Sportswear and Equipments shop in New Hampshire, you stand the chance of building a profitable business. All you need to do is to position your shop in an area where you might readily attract tourists and also ensure that you sell sport equipments that is used in sports like mountain biking, hiking, skiing, and what have you.
If you are a female and you have a penchant for children, then you might want to consider a learning centre where you could teach them stuff. You could begin to look towards starting your own Day Care and Learning Centre. You would need permission and probably a license from the local authority to start this kind of business.
If you have the capital required to establish a processing plant, then you should consider starting your own food processing company. You could produce Can foods, apple drinks, amongst many other drinks. The good thing about locating your food processing company in New Hampshire is that you stand the chance of getting your raw material at a cheaper price.
Restaurant business is one business that you could start in any part of the world, and be sure that it would boom. This is especially if you intend serving the delicacies that people are comfortable with. If you want to start your own restaurant business in New Hampshire, all you need to do is to choose a location that people can easily access; preferably you can situate your restaurant in a business district and you can be rest assured to have people that will patronize you from time to time..
Above all, one topmost factor about starting your own business in this city is that you do not need to break the bank before you get started. As a matter of fact, you could start some highly profitable business in New Hampshire with low capital.
These are just some of the business opportunities that are available for entrepreneurs seeking to launch a new business in New Hampshire. If you think you might need more, then you could still take out time to conduct more market survey.