On April 11, 2011, Inc.magazine through its website Inc.com released its publication of “2011 list of Best Industries to Start a Business”.
Through the process of analyzing, comparing and compiling data from three private research companies, Sageworks Inc., which does past and current financial analysis of privately held companies, AnythingResearch.com, which provides industry market research analysis, reports and publications, and IBISWorld, which provides detailed past industry growth percentages, revenue forecasts for the next five years, employment growth, profit margin averages, and industry competition ratings, the list has pinpointed 17 industries that are not only growing, but also ripe for new companies.
What kind of industries are selected as the best industries to starting a business in 2011 ?
Maybe you will pick out the hi-tech industry or web based industry or maybe the property construction industry. Sorry to tell you that you’re absolutely wrong.
The survey and research conducted by Sageworks Inc., AnythingResearch.com and IBISWorld elected technical and trade schools as one of the best industries to starting business in 2011. As reported by Inc.com, the technical and trade schools are particularly strong (with a 15 percent increase in sales), as the unemployed or underemployed seed additional skills, even as employment numbers slowly improve.
Here is the complete list of chosen industries to starting a business in 2011 :
- Employment Agencies
- Technical and Trade Schools
- The Beauty Industry
- Organic Snacks
- Language Schools
- Automobile Dealers
- Public Relations Firms
- Historical Sites
- Clothing Accessories Stores
- Financial Planning, Advice and Investment
- Online Dating and Matchmaking
- Location-Aware Apps
- Physical Therapy
- Environmental Consulting
- Recreational Goods Rental
- Real Estate Appraisal
- Green Toys
Click the image below to read the original story from Inc.com.
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