The business environment today is surrounded by many economic activities that require the need of money transfer both locally and internationally. Currently there are various methods that are used to transfer money both locally and internationally in the United States and other areas within the North American Region. Other than the banks, the internet has been used lately to transfer money within individuals globally. For example some of the most common methods of sending money internationally in the US include the money gram, the western Union and the courier services. There is need to have more ways of transferring money across the border and also within the US. One of the methods that can be launched for transferring money is the transfer of money through the mobile phones. This can be a technology that can offer very convenient, efficient and fast way of transferring money between individuals. The Upcoming mobile companies could launch this method as the fastest and most convenient way of transferring money. The methods of transfer would only be included as one of the phone features and all one would need is to create an account both internationally and locally to enable one transfer money. This then would mean that individuals would not have to cue in banks or in the few service centers currently offering the other services. Such a business venture would also require the company to open many small centers that can be used to either send money to individuals or with draw money from the mobile phone. Having the mobile phone as a method of money transfer would also mean that individual can be able to come up with other services such as the mobile bank. This means that the individuals can be able to open accounts with the service provider and deposit small amounts of money in the phone and with draw the money at their convenience since there will be many centers around all the cities to ensure that the service is convenient. The service should be such that individuals can be able to check the amount of balances that remain in the account and also be able to get statement of such account from the company. The mobile service should however not depend on the type of phone but should be based on a certain network. It is worth noting that such a business should be able to liaise with the central bank since it is the one that has the full mandate of controlling the cash flow within the economy. The money transactions should be made very transparent for every one to understand. Since most people own mobile phone handsets it is very clear that the money transactions using the mobile phones would be very convenient for every one. The service provider should however ensure that the service is equipped with enough security measures that would ensure they do not put individual’s money at risk. It is also important to note that such services should also limit the amount of money being transacted by individuals in a day to ensure that this mode of money transfer ensures easy accounting of the day’s transaction. Another business opportunity in the North American region can be hair dressing centers for both men and women. Most Women in the North American regions always deal with their natural hair and most of them have nothing really stimulating them to change their style and