Connect with us

Health & Medical Care

Medical Equipment Sales

In the wake of ever-advancing medical technology, it pays to sell medical equipment.

Entrepreneur

Published

on

Business At A Glance

Medical Equipment Sales

Startup Costs: $10,000 – $50,000
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Millions of dollars worth of medicalequipment is sold each year in the United States, and securing aportion of this very lucrative industry is not difficult, especiallyfor the entrepreneur who carefully researches and plans an entry intothe medical equipment sales industry. There are a few differentapproaches that can be taken in terms of medical equipment sales. Thefirst approach is to establish a retail store that sells medicalequipment to customers, as well as to online shoppers via the store’sWeb site. The second approach is to become an independent salesconsultant who represents various manufacturers of medical equipment.The main focus of this type of medical equipment sales would be to sellmedical equipment to hospitals and health centers by solicitating orusing the tender process in which hospitals and medical centersroutinely ask for bids to replace equipment. Tenders are usuallyfeatured in newspapers or you can call the hospital to inquire aboutcurrent tenders out for bid. Profit potential range is $50,000 to$150,000 per year.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

Health & Medical Care

Online Store for the Disabled

The disabled will be grateful that they don’t have to leave their homes to make purchases.

Entrepreneur

Published

on

Business At A Glance

Online Store for the Disabled

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

People living with physical disabilitiesoften find even life’s easy tasks to be frustrating. Starting abusiness that specializes in selling products aimed at making lifeeasier for people living with physical disabilities is not only a wisechoice for a new business venture, it’s also a business that can assistpeople in leading a better life. Products could include wheelchairs,medical braces, canes and walkers. The business can focus on bothbrick-and-mortar style retailing, as well as developing a website foronline shoppers. This type of health-related business venture is verycostly to set in motion. However, the profit potential is good, and thebusiness can be personally rewarding.

Continue Reading

Health & Medical Care

Nutrition Guides

Your nutrition guides might be the closest thing to the fountain of youth.

Entrepreneur

Published

on

Business At A Glance

Nutrition Guides

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Most health experts agree a healthy diet isthe key to a healthy and long life. Starting a business that createsand distributes nutrition guides is a fantastic new venture to set inmotion. There are two approaches that can be taken with this businessin terms of generating revenues and profits. The first approach is tosell the nutrition guides through bookstores and specialty retailers.

The second approach is to distribute the nutrition guides free ofcharge throughout your community and support the business by sellingadvertising space in the guides to local businesses that would benefitfrom this type of advertising exposure. Good choices for potentialadvertisers in a nutrition guide would include vitamin stores, doctors,health professionals, organic food growers and health food restaurants.If you choose to adopt the second option in terms of operating thebusiness, the nutrition guides could be published twice per year,making this a potentially very profitable business opportunity.

Continue Reading

Health & Medical Care

Personal Trainer

Help people get in shape and look their best as a personal trainer.

Entrepreneur

Published

on

Business At A Glance

Personal Trainer

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Health and fitness are very big issues today–everyone wants to lookgood, feel better and live longer. If you like working out and you’regood at encouraging others to get fit, then this could be the businessfor you.

As a personal trainer, you’ll instruct clients on properexercise techniques, design regimes based on their goals, and analyzeprogress in body weight, muscle development and weight training. Whilemany of your clients will be interested in shaping up and losingweight, you can also help people with specific problems like arthritisto build other muscles to compensate or those who want to rebuild orretrain their bodies after accidents or illness.

You can work with yourclients in their homes, at a health club where you have a membership,or even on a scenic beach. The advantages to this business are that youhave the potential to make a very good living and you have thesatisfaction of helping people become healthier and happier. Besidesbeing physically fit and healthy yourself, you’ll need terrificmotivational skills to help your clients push beyond their physical andmental boundaries and keep at it week after week.

The Market

Your clients will be people who want to lose weight, gain muscle,recover from illness or injury, or just get into better shape. Sellyourself by leaving fliers or brochures at health clubs and spas; swim,running and biking clubs; fitness centers; athletic shoe and clothingshops; and vitamin and nutrition shops. Place ads in local newspapers.Introduce yourself and leave brochures with chiropractors, orthopedicsurgeons and doctors of sports medicine. Give seminars to professionaland civic groups and volunteer yourself as a guest on a local radiochat show. Get yourself written up in local publications. Donate a fewsessions to a charity fund-raiser in exchange for publicity.

Needed Equipment

You’ll need certification as a personal trainer. In addition, mostpersonal trainers have a college degree in physical therapy, physicaleducation, exercise physiology, sports medicine or related fields–thisis particularly important if you’ll be working with people recoveringfrom illness or injuries. You may want to purchase assessment toolslike fat calipers, but this depends on your (and your clients’)personal tastes. As for exercise equipment, you can let your clientspurchase their own.

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending