Home   Electrical Contractor   Free Electrical Contractor Business Plan   4.8 Target Market Age Demographics Analysis

4.8 Target Market Age Demographics Analysis

What stands out when looking at the age demographic analysis of Cuyahoga County in comparison to the State of Ohio is the fact that 66% of the County's residents are between

the ages of 18 and 65 compared to 69% for the State. This clearly indicates that the State has more younger people than the State. A relatively younger population is a positive for an electrical contractor business like Lights On Electrical - younger folks tend to be able to generate more income from being in the labor force and that of course gives a higher disposal income which can be used for the purchase and maintenance of items that require the service of electrical contractors like Andy and Jose. While the County has a few percentage of its population in the ideal age bracket, this fact is offset by the fact the County also includes the metropolitan area of Cleveland that covers many more residences and commercial establishments providing an excellent business like Lights On Electrical with many more business opportunities.

When looking at folks over 65 years of age, we can see that Cuyahoga County actually has 16% of the population in this age bracket compared to 14% of the State of Ohio. These numbers confirm our previous points in this analysis - however just because folks are older does not mean that they do not need the services of electrical contractors. If anything, as folks retire they tend to downsize from larger homes to small homes with increased needs for monitoring and security services - some of the services that Andy and Jose provide.

Quick Links:

  1. Go to the Corresponding Template section for this industry.
  2. Go to the Corresponding Questionnaire section for this industry.

Small Business Owner Resource Center


Articles on the Small Business Financing Sources, the Small Business Loan Basics, small business loans Checklist and SBA Loans are incredible sources of knowledge for the small business owner.



Credit Report and Credit Score Analysis, how to Read a Personal Credit Report and all about Business Credit cover the intricacies of credit and are required reading for everybody.



The Foundation Grant Directory is a free listing of sources for grants by state. Why not look if there is some free money out there for your business. Hey - you never know!



The Business Loan Application covers every item you will need in your loan package and tells you how to get approved for business loans.



Fire your loan broker and use our Free Business Loans Bank / Lender Directory to find every bank in the country lending to small businesses.



If you are looking to start a business - look no further.  Check out the Free Incorporation Guide discussion and the State Incorporation Resource Directory.

Rate this page
Your feedback is important to us | Please rate this page
1 2 3 4 5