There are countless niches of technology, and though many of them might top the list, it’s crucial to narrow your focus if you’re thinking of starting your own company. Otherwise, you might get stuck with the equivalent of a Smart Car to take your family of four on a figurative cross-country road trip.
Here are some of the most promising industries for startups in 2014 and beyond. However, don’t let a list dictate such an important move. If you’re highly skilled and passionate about an industry that’s not popular–or (even better) you want to revolutionize or create a brand-new industry–follow your instincts.
Consider this a guide to get your creative juices flowing:
1. Green architecture
Everyone wants to go green, and when there are tax perks and favorable green building codes popping up (as well as a quickly recovering housing market), all signs point to go with green architecture. It’s all about energy efficiency, using sustainable materials, and downsizing (the days of McMansions are over). The allure of saving money over time in a green house is strong, which means developers, architects, and contractors are staring down a very lucrative industry.
2. Health foods
It’s not a fad–it’s here to stay. The hot items right now are kale, quinoa, and rich, almost 100 percent dark, chocolates. The thing about health foods is that the popular choices might ebb and flow, but people are in general getting more vested in what they put in their mouths and what they take out of their pocketbooks. The push toward local, fresh, organic, and good-for-you foods isn’t going anywhere. If you’re been dreaming about selling your World’s Best Kale Chips, now is the time to do so.
Written by Drew Hendricks. To read the full article, click here. Premier Business Network™ provides Guaranteed Benefits for Small Businesses™. Feel free to join the conversation about small business benefits at #pbnbenefits. For more small business tips or to become a member, visit our website at www.premierbusinessnetwork.com, and follow us everywhere @pbnbenefits.