10 BEST FIELDS FOR STARTUPS (FIELDS TO CONCENTRATE)
Here are some of the ideas which are best fields for startup’s …In the current circumstances, every section and genre seems to be explored, yet there are many fractions of the market that still remain untouched. There is a great opportunity welcoming budding and aspiring entrepreneurs to make their dreams come true .Lets not waste the time and see which fields are good for exploring and will have maximum success rate(Depending on the present scenario)
10. Food and beverages
Food and allied services are evergreen industries which are very stable under many severe circumstances.so maybe it is the best way for you to make others stand in line for your items if you have efficient and unique staff who are good at making delicious items for your customers. There is always a lot of opportunity with people accepting different cuisines and testing their taste buds for different types of food and drinks. It is a very profitable industry and has a great scope for improvement in future.
Though Supermarkets are said to be the symbol for one stop shopping, with some incisive ideas the whole concept can be turned into an exquisite and exclusive shopping experience.There has been a rapid transformation of the food sector in developing countries, beginning in the 1990s. This applies particularly to Latin America, South-East Asia, China and South Africa. However, growth is being witnessed in nearly all countries. so with some “we are special ” type of ideas you could make cash flow into your account
Though it is one of the simplest entrepreneurial fields for youngsters, retailing job requires huge amount of patience and marketing skills. And of course it is a never dying field for starting up and has made many giants in the decades of its
existence. With growth in the internet and application market, many retailers are going towards e-commerce and gaining a lot of popularity. It is one of the most flexible genres for a startup and can work as a quick ladder to success.
Well frankly speaking, not everyone is an expert in every field of the business, but to draw success or to build an entrepreneurial empire, it is a must that one should try excelling in each field or at least delegate the work to startups that provide relevant services. With medium entry barriers and low capital costs, they have the highest employment growths through to 2016. IBIS World believes that the industry is expected to achieve annual revenue growth of 3.8 percent.
6. Human resource and Benefits
Enterprises and organizations have realized the fact that a company is run by its employees and they account for the biggest chunk of the company’s success. Many companies for the same reason are moving to provide their employees with the best HR facilities and benefits. There have been several success stories in startups that avail enterprise benefits and it has proven to be a spectacular field to start business.
Wine is the symbol of sophistication, and having said that we have to agree that there is a massive opportunity of profit and money in the industry. It is a hobby in its own and an interesting business prospect in case you are interested in farming and account for a lot of patience. The profit margin for wineries in 2011 was 7.6 percent, and there is a high demand for this market.
4. Online survey
Analytics and logistics are becoming a major part of companies and websites. In spite of growing needs of statistics, the availability of analytical or business intelligent software is constantly shrinking. In such conditions, distinctive yet user friendly survey software is much welcomed. The best part about the online survey software or service is that it can serve several companies at a time, if proper security measures are deployed. With advent of cloud technology, availing IT firms with cloud based survey software can be considered a fairly smart move.
3.Corporate Wellness Services
Keeping up with a good health in this fast paced corporate environment is a tough job. Hence many employees and organizations are moving towards taking assistance from firms that provide corporate wellness services. The fact that these services also improve employee productivity makes it doubly popular, which would explain why there is a projected growth for the industry of an average annual rate of 8.7 percent. Businesses in this industry are considered require a low capital costs with only a medium barrier to entry, reports BusinessFinancestore.com.
2. Internet Publishing and Broadcasting
Internet seems to be the place where the party is on. With increasing portability of internet access and with the customers always on move, online services like live broadcasting, online news papers and channels and visual media are on a roll. If you look back a year or two, there were only a few online video portals like YouTube and Metacafe, but now there are a whole bunch of applications and websites that broadcast videos and stream live channels. With many governments moving towards sustaining resources and saving paper, web based news agencies are gaining popularity and it seems to be the right time to step on the gas
2. Internet Publishing and Broadcasting
Internet seems to be the place where the party is on. With increasing portability of internet access and with the customers always on move, online services like live broadcasting, online news papers and channels and visual media are on a roll. If you look back a year or two, there were only a few online video portals like YouTube and Metacafe, but now there are a whole bunch of applications and websites that broadcast videos and stream live channels. With many governments moving towards sustaining resources and saving paper, web based news agencies are gaining popularity and it seems to be the right time to step on the gas.
1. Social Network Gaming
The generation has come far ahead of basic PC based internet and social networks. Though the fields have not changed, there has been a drastic paradigm shift. With the increasing number of Smartphone and tablet users, the appetite for networking and gaming application has certainly ascended. Leading social network game developers like Zynga and Rolocule have been doing some great business recently and the market seems to stay afresh with a lot of incoming cash flow for a long time.
Thats all folks!!!