Assignment 6A Opportunities in Economic and Regulatory Trends

Economic Trends

1) Strengthening Global Demand
 https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends

This article states that Global Demand is gaining momentum and GPD is forecast to rise by 4 percent this year across Europe and Japan. If this forecast is true, then there would be a good opportunity for companies in the U.S. who export items overseas. The prototypical customer would be anyone who lives in Europe or Japan and wants to buy exports from the U.S. I would think this opportunity would be fairly easy to exploit because of the demand for U.S. made products in other countries. I saw this opportunity because if Global Demand is increasing it is inevitable that people will want to buy more of what they want.

2) Rebounding from Natural Disasters
  https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends

This article is about rebuilding after natural disasters like the hurricanes that tore up Texas and Florida last year. If this year's hurricane season is anything like last year, there will be a great opportunity for construction and building in areas affected by a hurricane or other type of natural disaster, flooding for instance. The prototypical customer is going to be anyone who sustained damage to their home, business, or commercial property due to any natural disaster where rebuilding is needed. This opportunity will be easy to exploit due to the regular occurrences of some type of natural disaster that happen every year in the U.S. I saw this opportunity because natural disasters happen every year in some form. People will always rebuild and not just walk away from the problem.

Regulatory Changes

1) Tax Policy Changes
 https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html

This article is directed towards the small business owner who may benefit from the new tax policy reform. It's believed that this new tax reform will provide many opportunities for the small business owners. It should be easier for small businesses to start up and survive in the long run because of the tax reform and it will also provide more incentives to owners who want to start a new business. The prototypical customer will be anyone who has the resources available and the desire to be a small business owner. Entrepreneurs should benefit greatly from the new tax reform policy. I think it should be easy to exploit this opportunity as long as the necessary resources are available to the person interested in a new venture. I saw this opportunity because a large number of people dream of owning a business and being independent. With this tax reform, it should be easier for many to achieve that dream or goal.

2) Portable Benefits Rules
https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html

This article addresses the gig workers who move around from job to job. These people are freelance workers, independent contractors, or temporary workers. Over one-third of Americans fall into this worker category. These workers are not eligible for company-paid health insurance or 401k programs. The opportunity for portable benefits is being addressed more now than before because if benefits aren't made available to these workers, it will pull down productivity and impact the health of the workers. The prototypical customer is anyone working as a gig worker or considering becoming a gig worker. According to the article, the need for the workers to have these benefits can't be ignored and widespread action to have benefits available will happen soon. It should be easy to exploit this opportunity knowing that these workers make up one-third of the workforce. I saw this opportunity because there are many workers who would like to be an independent contractor but can't because no benefits are available to them, so they have no choice but to work for someone who provides them with benefits or pay out of their own pocket for benefits.