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The Best Businesses to Start in 2019Nowadays, more and more people are thinking about opening a successful business. They’re not intimidated by the burden of taxation and bureaucratic difficulties and are ready to jump into the entrepreneurial world by making use of the latest technological advances. Of course, becoming an entrepreneur entails certain risks, but if you’re good at analyzing things and can seize opportunities coming your way, you stand a good chance of succeeding. The secret of opening a profitable business is to understand what people need and offer it to them. If you have an entrepreneurial predisposition, you could take advantage of the data supplied by experts, investors, and entrepreneurs. 16 Ideas for Launching a Business in 2019Opening a business can be a tempting project, and mostly because it allegedly involves several risks. However, that is only partially true because trying to enter an already saturated market without analyzing the existing competition can result in a major failure. If you want to avoid this risk, you should come up with some innovative product or service and thus fill a previously unoccupied niche. The Internet allows us to easily reach our target audiences, reduce the costs of storing goods, and exponentially increase the number of people we can get in touch with. 1) Social MediaYou can take advantage of social media and turn your Instagram followers into your customers. Social networks are continuing to grow, and revenues in this sector expected to reach $10.8 billion by 2022, a 2.2% increase compared to 2017. 2) RecyclingThe problem of waste disposal and e-waste recycling is taking on ever greater importance nowadays. In fact, not many people are paying attention to handle this type of waste properly. Therefore, it would be a good idea to open a business that would take care of collecting and recycling electronics. 3) Sales: Alternative Sources of ProteinThanks to modern technology, producers can now satisfy the demand for foods with exceptional taste by using proteins obtained from non-traditional sources. The market was worth $4.2 billion in 2016 and is expected to grow by 6.8% between 2017 and 2022. 4) Recycled ClothingWhy not open a store specializing in selling recycled clothes? You can do that by collecting used clothes, recycling them, and creating new ones. 5) Beauty ProductsHow about selling innovative beauty products? There’s a lot of potential here, with the overall cosmetics market expected to rise to $27.8 billion in 2022. 6) Apps for ChildrenToday, children are born and grow up while being surrounded by all kinds of electronic and digital devices. Therefore, creating children-oriented apps can be a great investment and a good source of income. 7) Digital SportsAmazon’s acquisition of Twitch fand the possibility of the NCAA (National Collegiate Athletic Association) supporting video games developed by university students holds massive growth potential for the eSports market. It is expected that it will be worth $1.7 billion by 2020, as opposed to $1.1 billion in 2018. 8) Online and Offline TranslationAccording to the latest estimates, demand for translators and interpreters will increase by 46% by 2022. That is because we live in an increasingly globalized world, and the need to communicate between countries and cultures assumes increasingly greater importance. Therefore, it could be a good idea to offer offline and online translation services. The Internet can be a great resource because it allows you to get in touch with an infinite number of potential clients. 9) E-CommerceThe Internet helps you reach a large number of people as well as identify small but very profitable market niches. Just establish the right one and turn it into a profitable business. 10) Wellness CenterQuite a few people nowadays are looking for services that can help them relax and relieve tension. Therefore, opening a wellness center offering treatment from other cultures can be a winning move. 11) Catering ServicesWhy not focus on food? Try combining the speed of fast food with the wholesomeness of homemade meals. 12) Street FoodStreet food is coming back in vogue. Offering such a service can be a winning move, especially if you can combine good food and affordable prices. Unlike catering services, investing in a street food business is minimal, and the risk of bankruptcy here is 20% to 30% lower. 13) AgricultureNowadays, people are looking for healthy and organic foods. So, why not open an agriculture business? You can combine this activity with an agritourism that offers healthy food and relief from everyday stress. 14) Women's Reproductive HealthStart-ups like that can help women have control over their reproductive health with fertility apps and other services. A 2015 Harris Williams study estimated the US fertility market value between $3 and $4 billion. 15) Smartphone Repair ServiceThere’s hardly a person today who doesn't own a smartphone. Therefore, the number of people who need to repair cellulars is also growing. If you can offer inexpensive and efficient services, you get a good chance of creating a successful and profitable business. 16) Digital Therapy Startup"Digital therapies" startups can meet the need for treating a number of medical conditions. Software programs helping patients with asthma and chronic obstructive pneumopathy are already available on the market, and if used with the prescribed medical treatment, they can seriously increase the recovery chances.
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