Tips and Advice

Five Business Ideas for Entrepreneurs

Are you an entrepreneur? Or just looking to start a new business? Which industries are showing the best growth potential?
lightbulb hatching out of egg
By Christie Petersen
Updated on: November 10th, 2022

lightbulb hatching out of eggIt may seem like the current economy doesn’t lend itself to new business; however, there are stimulus packages and help for entrepreneurs looking to start a business, so there are a variety of financial options available.

For an entrepreneur, you can funding from the United States government, from private financial institutions such as a bank or other lender, from venture capitalists looking to invest, and via small business and start-up business loans, some of which are unsecured by collateral. This is good news for someone looking to start a new business. But then the question becomes: what sort of business should you start?

The Run Down

  • There are a variety of financing options available to start a new business.
  • Start-up opportunities exist across a wide variety of industries.
  • It doesn’t necessarily take a large investment to start the business you’ve always wanted.
  • There are subsets of large industries that have high demand for services.

The team at Inc. compiled a list of industries that entrepreneurs are targeting this year. Here are five industries from that list. Which sector is for you?

  1. Big Data There is an increasing demand for information management specialists, particularly software companies that specifically target data management and analytics;
  2. e-Commerce This includes document automatic, payment systems, content management, online assistants, instant messaging services, online shopping, teleconferencing, and electronic ticketing;
  3. IT Consulting Information technology consulting (also called IT consulting) Mixing information technology and business, this field provides businesses consultations and deployment of IT moves that
  4. Mobile & Social Gaming Thanks to the proliferation of smart phones and other mobile devices, as well as social networks, mobile and social gaming design and development is a booming field;
  5. Pet Care Grooming, boarding, pet-sitting, walking, behavioral training, and other such services.

The Takeaway

The current state of the economy, although uncertain, doesn’t mean you can’t start a new business. There are several sectors that are showing strong growth. All you need is an idea, planning, and the money to execute your vision. When it comes to finding the right financial solution for your new business, AmOne can help. Our knowledgeable associates are ready to guide you through the process finding the right financial solution for your new business. AmOne offers solutions; your call to us is free and we won’t try to sell you anything. Find out how to reach us and learn more about how AmOne can help you today.