Top Business Opportunities in the United States
Unknown to many, this tech-based industry enjoyed a whopping growth rate of 397% between 2007 and 2012. Games have always been part of the average American teenager. So, if you present fun games to them through the media they love (like mobile devices), you will make a lot of money. A couple invented the popular “Temple Run” game, which has now gained global fame. You too can launch your idea if you have one.
2. Full service restaurants
The fact that restaurants employ 10% of the total U.S workforce is a telling proof that the restaurant business is a serious one. It’s a recession-proof business, since people will always eat regardless of what the economy is saying. So, if you have been thinking of launching a new business, consider opening a restaurant. It’s a very profitable business, and it’s very easy to start.
3. Environmental consulting
“Green living” is now one of the most commonly used phrases in the US. More people are getting to understand the harmful effects of combustion fuels and chemicals that are produced in homes and industries. For this reason, individuals and industries are hiring environment consultants to advise them on how protect their environment by reducing the rate of emission of noxious substances. The environmental consulting business has been projected to increase in revenue by 45% by 2017.
4. Eco-friendly products and services
Another trend with wide impact is the increasing demand for eco-friendly products and services. Not only is this trend increasing the demand for “green” homes and revolutions, but it also drive business-to-business demand for services such as environmental consulting (discussed above) and water conservation.
5. Senior healthcare
Because a huge fraction of the American population is over 60 years in age, there’s an increasing demand for healthcare products and services aimed at seniors. So, if you are operating in the healthcare industry, now is the time to start focusing even more on the seniors.
6 Private security
Due to the increasing crime rates, there’s an equally increasing demand by owners of homes, businesses, and other valuable facilities for private security services. Until the rates of unemployment go down (which is unlikely), crime would continue to be on the increase, just like the demand for security services. So, if you love to protect people and their assets, here’s a business opportunity for you.
7. Transportation and logistics
This is another industry expected to be among the winners over the next five years. Transport services are always in high demand, regardless of the state of the economy. So, this is just another recession-proof business opportunity you can explore if you have what it takes.
According to Inc.com, the e-commerce industry has been projected to grow at an average annual rate of 8.8% through 2017. This isn’t a surprise, as consumers are feeling more safe and comfortable with buying products and services via the internet.
So, if you are thinking of a good business opportunity to explore, consider launching your own e-commerce store, market your products and services, and watch the sales come. You may need to start small, offering a few products at first and then expand your range of offers. Many big brands started this way.