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What’s the best industry to start a business in?

December 21, 2018 8:17 am

Healthcare

As the 75 million baby boomers age, there’s increased demand for health care services. According to a research, more than half of the 20 occupations projected to have the highest percent increase in employment by 2024 are in the health industry. Meeting the needs of an aging population creates opportunities for physical therapists, doctors, optometrists and other specialists.

 

E-commerce

Personal disposable income is projected to grow from 2014 to 2024, and as disposable income grows, so does the quantity and quality of online purchases. E-commerce can be an easily saturated market, given low barriers of entry. To increase your online business’s chance of success, focus on your customers — whether through customizable products, timely support or fast delivery of products.

 

Home and building maintenance

From landscaping to cleaning to pest control, businesses in maintenance industries that service residences and commercial buildings saw a 13% increase in sales in 2017. If you gain the right expertise, these businesses are easy to start because they have relatively low upfront costs and don’t require large inventory, staff or dedicated office space.

 

Author: Staff Writer

What’s the best industry to start a business in? Reviewed by on . Healthcare As the 75 million baby boomers age, there's increased demand for health care services. According to a research, more than half of the 20 occupations Healthcare As the 75 million baby boomers age, there's increased demand for health care services. According to a research, more than half of the 20 occupations Rating: 0
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