6A – Identifying Opportunities in Economic & Regulatory Trends

ECONOMIC

https://www.miamiherald.com/news/business/biz-columns-blogs/article225068545.html

More technology firms are looking at Miami as a city to home the hubs for their companies.  This will add to the companies already in place , which is mostly financial institutions, real estate, and law and professional services.  This will attract much more people to the already populated city.

Their is opportunity for new business to cater to the rise in population.  New modes of transportation among the already busy city should definitely take place.  New cafes and restaurants near these buildings will also be needed to satisfy the employees of these major companies.  Even all around services to people and buildings such as office cleaning could see a major rise in demand.

The only difficulty here will be the high rents for some businesses to establish themselves in these areas.  Another difficulty will be the competition as these are already in place.  Many new business will be looking to take the top spots along with trendy new innovations.

I see this opportunity because of the high attraction Miami has towards me.  Since moving to South Florida a few months go I have seen the trendiness of everything as well as the large diversity in people and culture.  Many people complain about traffic and population but I must also see the good things to come from these events.

https://www.miamiherald.com/news/business/article224745985.html

The government shutdown has caused many federal workers to not get paid for the last month.  Many of these workers have had to find second jobs or simply have not gotten any money for the past month.  For this reason, inspections have slowed down due to a decrease in workers and job effort for the ones still there.

This is an opportunity for many local farmers and florists because they will likely have an influx of customers due to many big businesses having their imports from other countries backed up and delayed.  This will also cause business to increase their costs due to spoilage of flowers , plants , and produce.

For the established businesses who grow their own products here in the US , it shouldn't be too difficult to exploit.  They would just have to try and increase the amount they grow to keep up with the high demand.

I see the opportunity because as their are problems within the government shutdown, there are also ways to battle these problems with opportunity.  Instead of finding more ways to complain about the shutdown, there are solutions we can do to make it better.

REGULATORY

https://www.sun-sentinel.com/news/politics/ct-trump-government-shutdown-20190125-story.html

President Trump wants his wall to be built, and he is adamant about it.  He's already caused the longest government shutdown and has already mentioned a "powerful alternative".  This leads me to suggest that some day, the wall will be built.

Construction companies and builders will most likely be the customers if the walls is funded down the road.

Once the wall is funded, it will be easy to exploit since someone has to build the wall.  I believe the harder part is actually getting the funds for it, which has gone a lot further than many people thought.

Not that I agree with the building of the wall, as I feel that this money could be used on more parks and recreation I still see the opportunity that there is to conform with the president's decisions.  The more you look at it, the more you can see the opportunities that open up.

https://www.miamiherald.com/news/state/florida/article225010105.html 

The legal age to buy tobacco has been raised from 18 to 21 in the county of Alachua.  This will be the first county in Florida to raise the legal age to purchase tobacco products.

The increased popularity in vaping and e-cigarettes leads me to believe that an opportunity exists for certain businesses.

The prototypical customer would be people under 21 and over 18 years of age.  Since the legal age to buy tobacco has been raised to 21, the people between 18 and 21 would start to buy more vapes as an alternative.  Thus, creating opportunities to vape shops and anyone selling vapes.

I see this because of the experience I've also had with vaping.  It's much less bothersome than smoking tobacco and I've seen the rise in activity within my circle as well.  I think it's a better alternative than tobacco and although I haven't researched much, also a healthier alternative.