My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

What business ideas would you suggest for a small town in a developing country?

The town is in Cambodia and is very popular with tourists. It is very hot most of the year, and there is a rainy season. The town is developing rapidly, and I'm looking for a good business to take maximum advantage now.
Opinions expressed by Entrepreneur contributors are their own.
Wow, there are so many you can begin.

The best bet is to look at three things to make the decision:

1. What are your skills, the things you are good at?
2. What do you enjoy; what are you passionate about?
3. What is the market demanding right now ?

My preference is usually for a service business, as the startup costs are lower and the margins higher. As you mention, tourism is a great entry-style business. So, too, are computer consulting, real estate and so on.

Hope this helps.  Brad Sugars