Introduction by ebook's author:
Also known as an ambulette service, NEMT is the transportation of people in wheelchairs, stretchers or those ambulatory who need assistance.
Do NOT be confused: This is NOT an ambulance service! This is strictly non-emergency transportation. You do NOT need any kind of special life-saving skills, training or equipment!
The elderly population is the fastest growing niche market in the world – and it’s only getting bigger! By the year 2030, the US elderly population will have doubled, reaching in excess of 70 million!
The US health care industry is one of the world’s largest and fastest growing industries! By the year 2016, the growth of the US medical industry will have consumed almost 20% of our GDP!
Now seriously, if you have any kind of keen business sense then these two statistics, the growth rate of the elderly population and that of the medical industry, have got to excite you and gain your interest!
But let’s discuss in further detail just why starting a NEMT business is a great investment for ambitious, motivated entrepreneurs.
For starters, rarely do entrepreneurs think of this kind of business when looking for a business opportunity! Everyone is focused on the get-rich-quick schemes and no money down pie-in-the-sky dreams of riches!
Seriously, when was the last time you heard someone say “I think I’m going start a NEMT business?” The fact of the matter is you probably haven’t! But, you probably know someone, if not even yourself, that has started some kind of “no money down” real estate gig or some other online pie-in-the-sky dream.
So realistically, we’re talking about a business opportunity for which (1) your target market is booming, growing faster than any real estate market or any other market, and (2) not everyone knows about, let alone considers, when looking to invest in a new business!
Another reason why this is a great opportunity is because this is a service-based business. There are no products to buy, store, ship or sell.
And when you follow my strategies for success people will be looking for you. They’ll be looking for your business! They’ll be seeking out your service instead of you having to continuously chase and solicit customers!
As I did, and so many others, you can literally start your NEMT business from your living room table, your home office or garage! Because you’re going to be traveling into your community to transport your clients, you don’t need a high-priced, fancy office or an elaborate store front to encourage business.
Think about it. What’s cheaper or more cost effective? Invest in a vehicle that goes out into and meets the needs of your community or invest in real estate for a retail business, a franchise, or some other traditional business idea?
And when you’re starting a business from home, it definitely limits your overhead expenses.and limited overhead expenses leads to a bigger “bottom line.” That means more profitability!
These are clients that typically pay “out of pocket” for transportation to and from their medical appointments. This will be a highly profitable source of revenue for you!
There are many transportation providers who ONLY transport Private-Pay Clients because of the higher… Read more…
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