Bloomberg Businessweek helps global leaders stay ahead with insights and in-depth analysis on the people, companies, events, and trends shaping today's complex, global economy Business Week Best Buy Article your project, essay or do my homework for me paper. If you have any questions related to the order, do not hesitate to contact your writer through a private chat that Business Week Best Buy Article you will find in your client area “I wonder if it is possible to get someone to do my Business Week Best Buy Article assignment for me.” If you find yourself in Business Week Best Buy Article need of help in getting your homework done you may find professional writing companies such as quite helpful. This is a great opportunity to get academic help for your assignment from an expert writer
19 Best Businesses to Start in
REVIEWED BY: Rebecca Michael. Rebecca Michael has more than ten years of experience writing for small business and ran her own content business. She was an early employee and content contributor at LegalZoom, specializing in educating SMBs on corporations and LLC business formations.
WRITTEN BY: Lauren Smith-Petta, MBA. Lauren is an expert in starting a business. This article is part of a larger series on Starting a Business. While the pandemic threw up roadblocks for employees and businesses, it also presents game-changing shifts across sectors, posing opportunities in industries that are on the road to a resurgence.
Aspiring entrepreneurs now have countless tempting options for starting a low-investment, high-profit business from home. Here are 19 of the best businesses to start in unless otherwise noted, industry growth and revenue stats come from IBISWorld :. In the broadest sense, we think business week best buy article utilities as residential and commercial water, electricity, oil, and gas. The utilities industry was the least affected industry by the COVID pandemic, meaning it was the most resilient, sustainable, and stalwart industry in the face of the worst socio-economic crisis in the US since World War II.
So, where in the massive, broad, monopolized utilities industry is there room for an entrepreneur? That would be in the warp-speed growth sector of renewable energy, which offers several benefits. Learn more about renewable energy and utility products at the U. Department of Energy site. Utilities industry profit as a whole is expected to grow at an annualized rate of 2. Working with consumers to minimize their impact on global warming while keeping more money in their pockets is profitable and altruistic.
Learn more about renewable energy entrepreneurship from Energy Central, or check out this Coursera course offered by Duke University. The finance and insurance industry is a broad one, presenting many opportunities for individuals with various backgrounds. Another industry that has only been slightly impacted by the pandemic is that of finance and insurance services. In fact, industry revenue from to reached an annualized rate of 2. This is due in part to future forecasts of improved consumer confidence, increased per capita disposable income, increased corporate profit, and rises in interest rates and access to credit, all of which have a positive impact on industry growth and sustainability.
Finance and insurance services are relatively easy to deliver from a home office, online, or otherwise remotely—not to mention that the breadth of services and customer markets can be nearly unlimited for a skilled entrepreneur. A business that starts out offering insurance can expand to offer a wide variety of financial products and services to a vast array of clientele, including a selection of insurance types, credit intermediation, lending and banking services, money management, securities services, commodity contract services, and other financial investment advising.
The company and enterprise management industry is expected to maintain its growth rate of 1. Only minorly affected by the pandemic, the Management of Companies and Enterprises sector job creation outlook continues to rise modestly but steadily.
And it makes sense: While companies struggled amid the pandemic, management consultants and advisers were more of a boon to the economy than ever before.
This is another broad category that can be what you make it. Services offered under this large umbrella business week best buy article advising in areas such as organizational design, human resources, corporate strategy, business week best buy article, information technology, marketing and sales, and finance and logistics. With consistent positive growth of 1.
For such businesses, like automotive services, growth and opportunity present themselves to the aspiring entrepreneur. As an essential service, pandemic or otherwise, demand for automotive services is expected to increase over typical rates through the rest of As some workers re-enter the workforce or start heading back to the office, long-latent vehicular issues will surface, pressing drivers to get their vehicles serviced.
The expense of opening an automotive repair or service establishment depends on the equipment, manpower, and physical space required to meet demand. Check your local zoning laws to see if you can operate this kind of business from your home or garage; otherwise, you may need to purchase or lease a building or existing shop.
Talk with your local small business development center SBDC to get a helpful checklist for automotive service businesses in your state, like this example for Ohio Motor Vehicle Repair businesses. As odd as it sounds, the chicken business has truly taken flight in the last couple of years. This is partly due to the rousing success of Chick-fil-A, but also rising incomes and a shift away from beef in the US.
If you plan on starting from scratch instead, take a look business week best buy article our restaurant business plan guide and template.
Residential cleaning service franchises represent positive future business week best buy article in the cleaning industry overall. After suffering losses, this industry sector is expected to recover at an average rate of 1. At a time when cleanliness equals safety and good health, the cleaning and restoration market is worth consideration.
This can mean business week best buy article cleaning services, commercial and janitorial services, carpet and upholstery cleaning, business week best buy article, and even disaster cleanup. Cleaning industry associations have even published all-new protocols and certifications as a direct result of COVID. Rising disposable income and an aging population are also causal to the growth of this industry.
Because a cleaning business can be easily operated from home, presents extremely low startup costs, and is highly scalable, it should be an appealing opportunity for any aspiring entrepreneur. See our comprehensive guide to starting a cleaning company. Healthcare is another broad category that can suit the skills, education, and experience of many types of potential entrepreneurs.
This industry is characterized by traditional in-hospital healthcare, inpatient and outpatient care, ambulatory services, nursing and residential care facilities, in-home care, counselors, psychologists and social workers, and diagnostic services, among many others.
In the wake ofthere is no shortage of demand for traditional healthcare services, considering various hospitals continue to be short-staffed and business week best buy article one point were shortcutting medical students to assist in serving COVID patients. Currently on a growth trajectory, the medical field is facing an aging population, improved efficiencies thanks to technology, business week best buy article, and increased investment that promises to bolster continued industry growth.
Necessary training and education in the alternative healthcare industry, with services ranging from yoga to chiropractic and osteopathic services, can range from a brief certification course all the way to a doctorate. Expected to grow at an annualized rate of 2. Composed of a wide variety of services, this industry is represented bysmall to medium-sized businesses in the US. The home improvement category presents opportunities for various types of potential home improvement entrepreneurs: repair people, contractors, retailers, store owners, distributors, consultants, business week best buy article, and more.
The future market for home improvement will lean business week best buy article residential, as more homeowners roll up their sleeves and turn to YouTube rather than their local construction company. However, some segments of the home improvement industry still require professional installation, maintenance, and service, such as electrical, plumbing, roofing, business week best buy article, and flooring, business week best buy article.
There are also a variety of services that appeal to the home seller, and in a booming real estate market like this, home improvements are as much for the future owner of the home as for the current one. Check out our guide for marketing a construction company for a little more depth and context.
If you have a passion for animals, you need only to take an inventory of your skills and how they could translate into a profitable business in the pet care industry. These stats alone indicate a continuously growing industry ripe for some new business. Some of the easiest pet-related enterprises to start include pet grooming including mobiledaycare, pet sitting, boarding, training, pet transportation, and dog walking. Note that any business that will require significant space, liability, inventory, or employees like a veterinarian practice, a place-based pet rescue, or a pet resort will also require much more substantial investment than a strictly service-based business.
And all of those activities depend on our devices: phones, tablets, and computers. Depending on how advanced your skills are and the depth of your experience, there is justifiable demand for repair services, troubleshooting, setup services, design of custom software solutions and support, planning and integration of software systems, and on-site management and operations of IT systems. The best part about starting a business of this nature is that all you need are the necessary computer systems and security to support and protect your business activities, products, and services offered.
Starting a tutoring business may involve this choice. With tutoring and educational support services on the rise, especially with the ease of accessing educators across the globe with the click of a button, there are countless opportunities for an aspiring tutor to offer their services on a massive database such as Tutor.
The alternative is to make your own way as a tutor by building a reputation, business week best buy article web presence, business week best buy article, a marketing campaign, and a methodology, among other things, depending on whether your services are in person, online, or a combination of both. If it grows, great! If not, you can always fall back on a robust tutoring database to make some extra cash.
Unsurprisingly, was a truly brutal year for the overall travel industry, which includes everything from airlines and car rental services to cruise lines and theme parks. So where is the opportunity? The opportunity is technically spread across the tourism industry, but opening a casino or accumulating a fleet of rental vehicles can be cost-prohibitive. A nice little corner of the market for the wanderlust entrepreneur is in travel planning, which typically means tapping into all of these sectors of tourism.
Even up against massive online competitors like Expedia, the travel agency business is estimated to grow at an annualized rate of Not to mention that all you really need to get started is gumption, good communication skills, a computer, and a phone.
Tours and packaged travel bookings account for the largest share of industry revenue at Are you an expert in anything? Have you ever wanted to dispense your knowledge in an online workshop? The barriers to entry for sharing your wisdom in an online class have never been lower. Not only are there a business week best buy article variety of online platforms to choose from, but you can also strike out on your own with a brand, a website, a YouTube channel, and a message!
So, many of them hire someone to do that for them. Some companies have an entire department to manage their social media content and advertising e. They respond to effective marketing campaigns carried out on Instagram and Snapchat, which, when done well, is successful digital marketing and social media strategy. All you need are social media skills, marketing and communication skills, and the hardware and software necessary to deliver a stellar digital campaign.
You can own, operate, and exist as a sole proprietor, choosing your clients and setting your hours, or you can eventually grow to own a virtual assisting company in which you employ, staff, and hire out your VAs. Sometimes also known as a concierge, a VA usually assists a small business or entrepreneur with time-consuming, productivity-reducing tasks like emailing, data entry, updating documents, scheduling, or sending invoices.
As we continue to be tech-dependent and just generally harried, the VA industry will grow on par at a comfortable rate of 2.
Requiring little capital investment and showing healthy revenue growth, a VA business can be a natural fit for an organized, detail-oriented, flexible, strong communicator. Coupled with the exponential growth projected for home improvement in general is the sector business week best buy article outdoor home improvement or landscaping. Start small, work your local contacts, and have the skills to back it all up, and this industry could pose a very attractive opportunity.
Zoning permitting, a bed-and-breakfast or Airbnb can be operated out of your home. A substantial investment business week best buy article mean purchasing a building to act as the bed-and-breakfast or Airbnb or Vacasa rental unit, house, or apartment.
What is undeniable, business week best buy article, though, is the anticipated annual growth rate for the industry, which is 4. If you have the property, the entrepreneurial skills, and a cook in the family, a bed-and-breakfast can be a profitable enterprise. Admittedly, With the US obesity prevalence at Spending on personal grooming has been on the upswing inand trail-blazers like Shortcut are using technology to bring styling services to you in the comfort of your own home.
10 SHOPPING SECRETS Best Buy Doesn't Want You to Know!
, time: 11:46words written down: Best Buy Articles in BusinessWeek
Dec 28, · Couple of interesting pieces on electronics retailer Best Buy from BusinessWeek. The first was from the start of December and titled "Why Tech Bows to Best Buy." As could be inferred from said headline, it's about the current dominance in it's category and how that translates to increased control in relationships with suppliers. Best Buy certainly must have done some things right to enjoy May 08, · You have got Business Week Best Buy Article a unique privilege to get all your money back in case of violation of our terms and conditions from our side. If you are interested, do not hesitate to visit the corresponding page on our site/10() Published: 12 Business Week Best Buy Article Jun Thanks for Business Week Best Buy Article your help! I like everything about the paper – the content, formatting, and especially I like the ending paragraph. It is so passionate and creative that I was impressed. Thanks again!/10()
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