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The 18 Best Industries for New Businesses

September 28, 2009 by Alex  
Filed under Business Strategy, Leadership, Management, Strategy

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The economy may still be recovering, but some industries are experiencing plenty of growth and low competition. Inc released a list of what they consider to be the best industries for new businesses. Although it is unclear exactly what criteria was used to narrow down their selection, the options are actionable. Many times, a list of industries is simply that:  a handful of top-level categories. Inc’s list provides granular detail that executives and entrepreneurs want to see, like naming “software as a service” and “education technology” versus “internet technologies” or even “technology.” “Green construction” can also be found on the list, which is unsurprising, but  it also silently acknowledges that not all categories within the green movement are necessarily sustainable.

Find the full list below:

  1. Candy
  2. iPhone apps
  3. Health-care technology
  4. Beer, wine, and liquor wholesale
  5. Software as a service
  6. Home health care
  7. Yoga products are services
  8. Technical and trade schools
  9. Fast-casual dining
  10. Green construction
  11. Niche consulting
  12. Education technology
  13. Temporary staffing firms
  14. Government services
  15. Accounting services
  16. Repair services
  17. Self-improvement
  18. And, of course, Energy

Did you see any surprises on this list? Did Inc leave off any other emerging industries. Let us know what you think by leaving a comment below.

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