Best Businesses to Start in 2014

This will give you hands-on experience and in-depth knowledge about the ‘ins’ and ‘outs’ of that particular business.

Going independent or starting your own venture or company has many upsides, a few among them is not having to worry about work timings or taking orders from superiors. Hence, there is a good demand for this type of service. They are ready to spend a good amount for providing quality care.

Viability and Growth

? Economic recession and downturn render many people unemployed, and without confidence to achieve their personal and professional goals. Consistent efforts and hard work on your part as an owner will eventually see your business through its gestation period and become profitable consistently.

But this isn’t as easy as it looks on paper.

Interesting Fact

According to a market research report on Elderly (& Disabled) Services

in the US by IBISWorld, the revenue generated by this industry was around USD 38 billion. Your business idea or venture may not see the day of light if it is isn’t thought out and executed properly. As per the Wall Street Journal, an average U.S. As a social media consultant, you are expected to know the current trends in social media and implement them for the vantage of the company. This is exactly why the demand for this business has increased. Do check with your local, state, and federal authorities regarding the same.

This is a very interesting business, where you provide your services and expertise to enable your client complete his tasks. There are many other business options that can generate good revenue. A major prerequisite for starting this venture is to acquire or possess the necessary skill or knowledge about mobile app technology.

Interesting Fact

According to a report by CNNMoney/PayScale’s giving top 100 careers with big growth, great pay and satisfying work; application engineer bags 22nd position on the list.

? As the work of a green living adviser includes guiding people to take the right “green” actions to reduce their carbon footprint, energy consumption, etc., it is a business that will always be in demand. For starting any kind of business, make sure you consider the licensing requirements in your city or state.

Viability and Growth

? This is touted to be one of the fastest growing businesses in 2014.

? However, remember that you will have to keep abreast with the latest environmental rules and regulations.

Viability and Growth

? Many businesses have become aware of social media as an important communication tool for both inbound and outbound marketing.

An IT consultant’s work involves studying the technological needs of the company and suggesting appropriate solutions for the same.

A green living adviser is expected to teach businesses and individuals about the various ways of implementing ‘sustainable living’ at work and home. These tasks may involve a range of activities from shopping to scheduling their appointments to welcoming guests, etc.

Interesting Fact

According to IBISWorld, this industry has booked a revenue of around USD 220 million, with an average annual growth of 0.3% between the years 2007-12.

Viability and Growth

? As the need for various mobile, computer, and tablet apps will only multiply and modify over a period of time, this is one business which is here to stay.

? There has been a tremendous increase in such type of services as social media has become indispensable, and social media consultants are the only professionals to have the right kind of expertise for the job.

? Initially, you can try to tap the local markets for business. Also, as the Baby Boomers indulge in post-retirement traveling, relocation, investments etc., this industry has been fast to catch up with increased demand. Please note that content on this list has been sourced from empoweredezine.

A professional organizer will not only help individuals and organizations to de-clutter but also teach them innovative methods of organizing their possessions effectively. This has lead to many companies hiring application engineers or firms. Initially, you can start this venture by providing services to the elders in your locality as they will know you personally and will trust you. Starting a business involves selling a product or service, and initially, this needs a certain amount of investment or capital. There are a few things to consider before you begin planning to set up a business; like making a comprehensive business plan, arranging for appropriate finances, hiring related resources, and setting up the other required necessities.

This business involves offering various services to senior citizens or the elderly. Viability and Growth

? Two reasons have primarily contributed to the increase in this service or venture: One, the rise in the consumer’s discretionary income, and second, increased awareness about health and the benefits of organic or natural foods.

? Also, these busy individuals have realized the benefit of utilizing proper organizing processes for searching material at a later point in time. As a service provider, you will be guiding the elderly in any one of the above-mentioned fields or areas. Census Bureau, in the year 2006, there were about 78 million Baby Boomers, which comprised of nearly 26.1% of the general population. If you tap on the latest trend of allergen-free and gluten-free food, it can prove highly beneficial for your venture.

? As a professional organizer, you will require a search engine optimized website and other advertising initiatives to aggressively reach out to your intended market. Formal education in this field will lend credibility to your business and will help you get clients.

Interesting Fact

As reported by the EPA, gas mowers contribute towards 5% of air pollution in the US. He/She trains as well as designs special processes and tools to save time and effort of busy individuals. In spite of facing a recent downturn, this business seems to have performed well for the last 5 years. They no longer prefer to take social media actions based on the guidelines of the amateur marketing department personnel.

Interesting Fact

According to popular recruiting website indeed, as of 20th January, 2014, a social media consultant could get an average annual remuneration of around USD 40,000. However, note that the demand for this business may not increase as the economy recovers and consumers gain their lost confidence.

? Also, the lack of income that such conditions impose prompt many people to seek advice of a personal coach to take timely corrective actions.

? This is a labor-intensive industry, and you will have to invest heavily in overheads like experienced and skilled labor, and marketing.

These are just some of the best businesses to start in 2014.

? Though this business idea faces stiff competition from assisted living and nursing, this type of elder services will continue to generate employment and business opportunity owing to increased disposable income, government policies, insurance coverage for long-term care, etc., of the elderly.

? However, this business may be subjected to stringent rules and regulations, so do not forget to understand them thoroughly before you initiate this venture.

Viability and Growth

? The rise in the population of Baby Boomers has resulted in tremendous growth for this business. The type of services may range from handling their investments to travel to relocation, etc.

Interesting Fact

This industry certainly seems to be booming fast, and according to statistics sourced from the National Association of Professional Organizers, it is said that 23% adults pay their bills late and incur late fees as they keep losing the bills.

A social media consultant is often hired by companies to maximize their presence on social media platforms and thereby increase consumer base and market. The average growth rate was a whopping 9.3% from the years 2008-2013. However, remember that you may face a tough competition from established supermarket chains and grocery stores who will be vying with you for customer attention. You will also have to update your knowledge to implement innovate green strategies for individuals as well as businesses.

? However, to provide home care or healthcare to the elderly, you will require certain licenses and permits.

This type of business provides services like companionship, adult babysitting, running errands, housekeeping, providing home care, etc., to the elderly. Here is a list of best businesses to start in 2014. An average gas mower during its lifetime produces emissions equivalent to 43 new cars if each was driven for 12,000 miles.

? It is estimated that the recovery of the economy will further lead to companies extending their IT budgets, thus providing greater scope for IT consultants.

Viability and Growth

? Once upon a time, this business catered only to celebrities, the super-rich and influential people. It can turn out to be a very lucrative venture provided you get the right clients. This business is extremely viable and promises to grow substantially in the year 2014.

The work of an application engineer involves designing, creating, and testing new applications for mobiles, tablets, and computers. It also includes incorporating the latest technology for the success of the business.

? Please remember that this is a very dynamic field and constant innovation is a must for competitive survival.

This is another lucrative business where you can offer organic and natural foods to consumers through stores.

Interesting Fact

According to statistics from IBISWorld, in the US, this particular sector generated a revenue of around USD 8 billion, and grew at the average rate of 0.1% from 2008-13, and had about 45,722 operational businesses. It registered an average annual growth of 4.7% between the years 2008 to 2013, and around 74,300 elder service provider businesses existed in the US.

A personal coach helps others meet their life goals by guiding them to take the right decisions in their personal and professional life. However, as the disposable income of many corporate employees increased, they began to hire such services for carrying out tasks in their absence. There were about 18,078 businesses in this field.

Tip

Before you start your desired venture or business, it is always beneficial to initially work for someone else in the same field for a few months.

? People often outgrow applications soon, and want to try out something new every now and then. It is a relatively new domain, and had about 658 businesses in 2012.

Interesting Fact

According to the market research report on IT consulting in the US by IBISWorld, this industry has generated a revenue of around USD 337 billion, registered an average annual growth of 2.2% between the years 2008-13 and have about 431,755 businesses active in this domain.

Viability and Growth

? As the awareness for sustainable living will keep on increasing, this business will always enjoy good prospects. You can also sell them online.

? They hire the services of a professional social media consultant who understands their requirement, target market, product, vision, marketing, etc., and frames professional strategies for them. executive ends up wasting six weeks on an annual basis in search of important documents which are lost in clutter.

? To start a business as a service provider, it is advisable that you take up any one service among the various requirements, and develop expertise and flourish your business before diversifying further.

? Also, digitization, need for new IT breakthroughs, technological innovations, mergers and acquisitions, cloud computing, information security, etc., have created the right environment for aspiring entrepreneurs to enter this field.

? However, please remember that this business can be extremely sensitive to recession where people generally guard their expenses and are not willing to spend on such luxurious services.

Viability and Growth

? Again due to the increasing baby boomer population, this industry is expected to post strong growth figures.

? You will have to come up with some smart and innovative business strategies to withstand such tough competition.. Many people are on the lookout for reliable individuals who will provide care to their elderly parents. Getting a certification in personal coaching from a reputed institute will lend credibility to your business.

Interesting Fact

According to a market research report on life/personal coaches in the US by IBISWorld, this business/career opportunity generated a revenue of around USD 1 billion.

Interesting Fact

According to data collected from the U.S.

Viability and Growth

? As people are increasingly getting busier with their daily schedule, they hardly find time to undertake household and commercial organizing, and that’s why the popularity of professional organizers has increased over a period of time.

? As most super-rich or influential people spend their entire time at work, they feel the need hire such services

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