- Image via Wikipedia
The Best Industries For Starting a Business Right Now | Inc.com.
If you are mired in apprehension about tough economic times and a suspicion that some of the U.S.’s most iconic businesses have already seen their best days….. then look to the future. Inc. magazines features a crop of new, upcoming businesses with healthy growth rate predictions and a lot of upside potential.
They include:
- Environmental Consulting
“If you thought going green was a fad, think again. Environmental consulting is a robust and growing industry, valued at $17.8 billion, according to IBISWorld. Growth of 9 percent a year over the next five years is expected. ”
- Translation and Interpretation Services
“Talk is cheap, but solid communications are priceless in this global economy. The U.S. military and businesses expanding overseas are two of the translation and interpretation industry’s best customers. Overall, the market grew some 18 percent last year.”
- Mobile App Design
Sure, iPhones have been around for a while. But with the advent of the iPad, explosive sales of Android phones and an ever-expanding market for mobile apps that work on any Web-enabled phone, there is plenty of fresh territory for programmers, developers, and designers. One tip: Keep location in mind.”
- Home Health Care
“Despite this year’s legislation, health care costs – particularly at hospitals and primary-care providers – are soaring. As the elderly population also grows and demands less expensive, out-of-hospital care, the industry is expected to expand by an average of 4.9 percent through 2014, according to IBISWorld.”
There are about a dozen more, ranging from tea and healthy beverages, exam preparation and tutoring, bakeries and baked goods to water supply and irrigation systems. Most of these businesses don’t have very high barriers to entry and some are well suited to a private contractor. So the opportunities are still out there. Just make up your mind and go for it!
Related articles by Zemanta
