You want your startup to succeed, so do we. In the process of funding over 2,000 new businesses in 2011 alone, we frequently get asked for input from our clients on specific businesses or industries. While we are happy to give specific advice, here is some general information we’ve learned about some of the best startups to launch in 2012.
A recent IBIS World research study reviewed the best industries for your next startup. They based theirfindings on 1) projected revenue growth 2) forecast enterprise growth over five years 3) 2011 profit margins 4) the low barrier to starting such a business 5) and the amount of capital required (ourspecialty).
According to Brian Bueno, economic research analyst at IBIS World, the economy beginning to stabilize and other conditions such as job growth, credit conditions, and consumer spending will put “more money in the pockets of consumers and various opportunities for new businesses.”