How To Start A Business In A Small Town

Good day! Today, I decided to write an article about that. What kind of business to open in a small town♪
The thing is, I'm living in the city of 50,000 people, and it's considered a small town.
As always, before writing an article on how I decided to clarify this issue with Yandex and looked at the first TOP10 articles on the subject, You don't represent my surprise when I first discovered my old site, where two years ago I wrote a little review of this subject.
I haven't had to criticize myself yet, so I won't do it. I'll just say one thing, the note was a small one and covered the small town's business.
Today, I will write an expanded article on what kind of business can be done in a small town and what are the prospects for such endeavours.♪
What should be done in small cities
The first thing you want to say about business in small cities is:
- Medium business;
- Big business.
Large and medium-sized business is inherently doomed to failure, and it's just because of the size of these cities.
The small size of the local market will not allow full-duty medium and large-scale business to be opened.
There are exceptions. If there are any minerals near the city, it is possible and even recommended to open their medium or even large business. Minimize transport costs for mining and processing of minerals on site.
And no matter what, oil, stone coal, gold, diamonds, ore, etc. It's naturally easier to process it next to the mining site.
If, for example, my town, Meguyon, despite its small size, we produce oil and a grading enterprise, is Slavenefty MegionneNeftagaz (I once worked for this company).
But it's too big a business that isn't even a lot of people with money and experience, not to mention newcomers.