Typically, they are industry classifications that can cause issues when seeking business financing, credit, or loans. Typically, high-risk businesses are those vulnerable to market volatility, lawsuits, weather, and customer refunds.
- Investing: Real estate, land development, and stocks
- Money: Banks, brokers, check cashing services, and bail bonds
- Travel: Agencies, agents, airlines, hotels, and motels
- Vehicle Sales: Auto, RVs, recreational, and boats
- High-ticket Items: Jewelry, precious stones, and metals
- Elder Care: Nursing homes, assisted living, and continuing care facilities
- Perishables: Food, agriculture, and livestock