What types of businesses thrive in "poor" areas?
April 26, 2010 10:15 AM Subscribe
The area I live in is artsy but fairly economically depressed. As a result, there are some cheap strip mall type storefronts and office spaces available. Since I've always wanted to go into business for myself, I'm especially tempted now that their are some inexpensive places available. The main questions is this: What types of business thrive in "poor areas" ? I've thought of the obvious ones; Liquor Store, Gun Store, Coin Laundry, Check Cashing, Cash Advance, Tax Prep & Porno Shop, Buy Here Pay Here car lot. None of these really interest me. Can you help me think of some other types of (legal) business that tend to thrive in poorer areas? Thanks!