Top 3: Industries to Start Your Business!
The tough economic times make the business environment a daunting place to be. There are, however, a number of industries that are seeing growth in spite of the tightening of consumer’s purse strings. This article investigates the development of industries in 2013 and gives you the ideal platform to research starting your very own business!
Small, Independent and High Street!
There has been a shift in attitude from many of the country’s consumers in recent times, the support and respect shown to independent high street businesses has led to a number of vacancies on the high street being occupied by individual businesses. With the growing fear that city centres are becoming identical, the support from councils and Government has grown to understand the importance of independent stores, with money being invested in improving the facilities and opportunities available to independent retailers. The number of units standing empty is at around 48,000, which equates to just over 15% of all units in the UK.
Pop-Up units have developed a presence in the UK, with London’s trendy East End setting the example in the way of shipping containers turned into spaces for short term retail opportunities. Box Park has a number of small, quirky outlets available for small businesses and short term lettings, as well as a couple of big names including global mega brand Nike.
The industry full of glitz and glamour has seen a large number of new businesses sprouting up to supply their services in planning the perfect event or wedding. The low entry barriers and little investment needed to start a business like this means it is a low risk proposition. If you have the artistic flair to give Elton John a run for his money then this is the perfect business for you. The wedding industry currently stands at $50.6 billion worldwide and the Huffington Post estimates that the wedding planning market is set to see a 2.3% increase in size by 2018.
NCC Home Learning offer wedding and event planning courses, perfect for catapulting you into the events world!
The housing market in the UK has been a hot topic for a number of years, and with the economic conditions making a house move nigh on impossible for many families, home improvements have become the solution. The need for skilled tradesmen in the UK is growing, with the percentage of youngsters going to university growing, practical skills have fallen in popularity. The plumbing industry has seen growth through the number of individuals looking to improve and update their kitchens and bathrooms to not only increase the value of their property but also increase their standard of living.
The housing market is now slowly beginning to grow and with the release of the Government’s “Help to Buy” scheme that growth is going to receive a huge boost. Housing demand is currently larger than supply, but in coming years the amount of new housing projects will ensure home improvement companies are kept very busy.
Starting a business can be a daunting proposition. Self-motivation and determination are required in abundance, but the rewards can be life changing. Leaving employment and starting a business in something you love is a risk that many people never quite take. The Business Start Up Course from NCC Home Learning offers a comprehensive basis of understanding, and will give you the opportunity to take control of your very own business! For more information on this course click here.