Member Article
The Small Businesses Opportunities for 2017
Welcome to my 2017 list of the best business opportunities out there, chosen from across a variety of industries. To make my list, these businesses must:
-
have the potential to be profitable now and for many years in the future; be able to do well even in uncertain economic times;
-
not require a PhD or decades of experience. Some require trade school training, a university degree or a prior apprenticeship, while others need only some prior experience and a passion for the industry.
-
not require large amounts of startup capital, but only what every startup business requires: dedication, hard work, perseverance and a desire to succeed.
Most of these opportunities can be operated as home-based businesses.
If your goal in life is to become very wealthy, chances are you won’t get there as a small business owner. But you’ll have a chance to generate a healthy income, be your own boss and make all the decisions. You could potentially have a more flexible lifestyle. Building something from the ground up can make starting a business very rewarding in itself.
Here are my picks for the best small business ideas based on current trends in business and demographics.
Software Engineering and Development
Software engineers and developers create, test and maintain software on a variety of platforms, from mainframes to mobile devices. According to the U.S. Bureau of Labor Statistics, the demand for software developers is expected to increase by 17 percent each year through 2023, and the median pay in 2014 was slightly over $100,000 per year.
The nature of the software development industry makes it ideal for contract employment. Many software engineers start out as salaried employees and eventually become self-employed contractors. Cloud computing and ease of remote access make software development an ideal home-based business.
Financial Advisor/Planner
Financial advisers/planners are expected to be in high demand with a projected growth rate of 30 percent through 2026, according to the U.S. Bureau of Labor Statistics. Studies in Canada indicate that only 20 percent of Canadians have confidence in their math and money skills as they relate to planning for a secure financial future, according to a 2011 survey by Ipsos Reid for ABC Life Literacy Canada.
Becoming a financial adviser/planner normally requires a bachelor’s degree and additional training in securities management, leading to licensing/certification. But this is another business that is riding the demographic wave. A huge pool of baby boomers are headed for retirement, and they need and want help with their finances. Financial advising and planning is an ideal business opportunity.
Facilities Support Services
Facilities support services is a catch-all term that encompasses the full range of facilities services for businesses, including: http://easeclass.blogspot.com/p/guest-posting.html
- Cleaning
- Security
- Building maintenance
- Painting
- Moving
The industry is expected to grow by 30 percent through 2026. If you have a background in maintenance or construction and good organizational skills, why not consider a business as a facilities support services coordinator?
This was posted in Bdaily's Members' News section by Muhammad Umer Adil .