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6 Great Business Ideas For Entrepreneurs

Alternative advertising

Companies are always looking for new and interesting ways to advertise, and that creates opportunities for clever entrepreneurs, like the folks behind Star Toilet Paper, which prints clients’ ads on rolls of bathroom tissue.

“Now is the perfect time to start a business focusing on unique advertising because of the push companies are making to reach a captive audience,” said Jordan Silverman, co-founder of Star Toilet Paper. “Guerilla marketing and alternate means of advertising allow [companies] to reach captive audiences in a more cost-efficient and unique manner, making [these services] the perfect niche market for startups and new businesses.”

Businesses for pets

It seems that, not unlike their masters, America’s furry friends are suffering from a bit of a weight problem. The need for weight-management services among pets creates opportunities for savvy business owners. While pampered pets used to drive pet-related businesses, today there’s a new market for pets in need of a little workout.

Ventures like the Tufts’ Veterinary Obesity Clinic, which helps pets lose weight, saw the need and pounced.

E-recycling services

Consumer demand for the newest electronics and latest gadgets has created an opportunity for entrepreneurs like Lee Lowden. Lowden started an e-recycling business that makes the process more accessible to everyday consumers.

Online pawn shops

Pawn shops’ stars are rising, thanks in part to some positive exposure from reality TV. Entrepreneurs see there’s a lot of room in this growing and changing market.

Outsourced human resources solutions

In a down economy, it’s the back office that often gets cut first. Companies that have had to cut back on human resources spending are turning to outside firms to keep things running smoothly.

Scott DiGiammarino took advantage of this opportunity by foundingReel Potential, a company that edits Hollywood movie clips into videos meant to inspire and engage business leaders and employees.

Products for Baby Boomers

As baby boomers age, there is a market for businesses that allow older people to continue enjoying leisure activities in spite of changing physical conditions. A recent New York Times article, for example, noted the increasing popularity of three-wheeled motorcycles among Boomers.

One entrepreneur created a product aimed at helping aging surfers continue to ride the waves.