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5 Hottest Niches for New Business Startups

05 Jan
Oklahoma Health Care Authority

Oklahoma Health Care Authority (Photo credit: Wikipedia)

 

The desire to start a business is just the first step in success. Choosing the right business to start can mean the difference between success and failure. For those looking for businesses that are more likely to succeed, it may be helpful to look in these high demand sectors for startup ideas:

 

1. New Tech Trends

 

The face of the Tech industry is changing rapidly. New trends are moving toward iPhone apps and online services, rather than boxed software and game specific hardware. Sales of console games have been steadily declining while phone gaming apps and social networks have gone viral. Even office software suites are now online as a service and not installed on computers. Printing has changed as well. New 3D printers are selling well as print quality increases to a whole other level.

 

Best Tech Ventures

 

  • iPhone Apps
  • Software as a Service
  • Online Gaming Platforms
  • Social Network Gaming Platforms
  • 3D Printer Manufacturing

 

Online and Phone driven trends help small developers deliver apps without having to manufacture, package and market physical CDs. The entirely online format creates a far more level playing field for individuals and small businesses to compete with huge corporations. The timing is perfect for independent developers to create fun and useful programs to present as online services, games and apps in 2013.

 

2. Think Green

 

While most construction and materials have suffered a serious slowdown, sustainable green building is the one exception. With huge increases in the cost of electricity and traditional fuels, saving energy has become a means of economic survival that will rapidly pay for itself. No matter what effective means a family uses to increase energy efficiency, it will pay for itself in less than eight years.

 

  • Sustainable Green Construction
  • Green Remodeling and Home Improvement
  • High R-value Insulation
  • Green Building Materials
  • Green Energy Production
  • Energy Saving Devices
  • Aquaponics Technology
  • Solar Panel Manufacture

 

There is room within the green sector for a wide range of skills. Construction workers, craftsmen, would-be farmers, tech developers, inventors and engineers can all find a niche under the green umbrella. Most people find being part of the green revolution intensely satisfying as well as profitable.

 

3. Health Care and Wellness

 

America’s aging population has an ever-increasing need for health care services. Unfortunately, health care and insurance is very expensive. The demand for affordable health care services, wellness measures and ways to reduce health care cost is overwhelming. Hospital security technology and data management are also in demand. The interest in yoga has risen sharply in the 21st century. Millions of American doctors are actively indorsing yoga as an important step toward wellness.

 

  • Yoga Lessons, Books and Merchandise
  • Wellness and Holistic Care
  • Home Health Care
  • Online Glasses and Contacts
  • Generic Pharmaceutical Manufacture and Sales
  • Health Care Technology
  • Medical Data Management and Security
  • Cognitive Fitness Apps to Combat Alzheimer

 

There are opportunities for people of many different backgrounds and educational levels to build businesses around good health. Both holistic and traditional medicines are in demand. The main point is affordability. Of course, all health care businesses must be safe, legal and appropriately licensed or certified.

 

4. Education and Consulting

 

The need for training and specialized expertise has increased dramatically in the last two decades. Many people are seeking new career fields, struggling with new technology and seeking a bit of motivation as well. It is hard for most people to adjust to the vast and rapid changes taking place. People long to be reassured, encouraged and advised by someone they feel confident in. There is also a need for educational materials including books and instructional videos.

 

  • Trade Schools
  • Universities
  • Education Technology
  • Self-Improvement
  • Motivational Speaking
  • Business Consulting
  • PR and Damage Control

 

There are many opportunities in the area of education and consulting. People should consider their experience and hobbies and then create courses and educational materials to help others learn new skills. Much of this type of work can be handled online, creating yet another work at home niche.

 

5. Food Products and Distribution

 

While traditional restaurants are a tremendously high-risk investment, many other food related opportunities are presenting themselves. The demand for candy, hot sauce and low-cost alcoholic beverages is soaring. Another trend is toward food vans and food trucks that serve fast food on routes. Taco trucks, hot dog trucks and burger trucks are very popular in large cities. Small casual fast food restaurants are also popular.

 

  • Candy
  • Low Price and Wholesale Alcoholic Beverages
  • Fast Food/Casual Restaurants
  • Food Trucks
  • Hot Sauce Manufacture

 

The key to selling food in 2013 is low cost. Keep costs down by providing a streamlined menu and low-cost ingredients. Providing wholesale distribution of foods and beverages is also a great option. Don’t forget about health inspections and all necessary state and local licensing for each food related venture.

 

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One response to “5 Hottest Niches for New Business Startups

  1. website content provider

    May 2, 2013 at 10:30 pm

    Hi there all, here every person is sharing these know-how, therefore it’s nice to read this webpage, and I used to go to see this blog all the time.

     

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