It’s no secret that industry trends boom and bust. The aspiring entrepreneur however, will be able to launch startups in industries that are on the rise without a decline in sight. David Nilssen, co-founder and CEO of Bellevue, points to five different industries that are on the rise.
Nilssen points to the following growing industries: (1) Green building; (2) Corporate health and wellness; (3) Translation services; (4) Education software; (5) Digital forensics. There are a number of things that the outside observer can point out about these growing businesses. The first, and most apparent, is that most of these involve the use of digital or electronic software. This means that, seemingly, the business owner will have less overhead costs regarding their product. However, business owners should still keep in mind that there will in fact be costs, ranging from CD/DVD packaging for their product to making sure that they can quickly expand a cloud computing service or network service for digital downloads.
The second, and more important observation, is that the industries that do not fall into digital services fall into a different type of business-providing sustainable or health related services. In that industry, having the necessary capital to process large demands for equipment or fixtures is crucial toward fulfilling the clientele’s demand and expanding a business.
Need help fulfilling an order in the short-term to make profit in the long term? How about expanding your business quickly to accommodate a large demand for your products and services? Capital Solutions Inc. can help. For more information, go to our Contact Us tab or call us at 1.800.901.3299, today!