Tag Archives: busines trends

5 Hot Industries to Start a Business in 2012

18 Dec
English: A business centre in Plovdiv

 

 

 

 

 

 

 

 

EMPLOYMENT SERVICES
Today’s business environment is hyper-competitive and constantly in flux. To increase response time, companies have turned to temporary employees, in an effort to stay productive while managing overhead. This trend is projected to continue through 2012, pushing up the employment rate in this sector by 54%. Interestingly, employment services will be a major player in the home healthcare industry, the sixth best industry to start and grow a business, according to our survey. Hospitals and other medical facilities will rely heavily on temporary workers to meet the needs of the aging baby boomers. All told, between now and 2012, the sector should see a healthy output rate of 5.1% each year.

CONSULTING
As the economy expands and the nature of business becomes more complex, the demand for consultants increases, which helps explain the huge 55% job growth expectation for this industry, as well as a healthy 4.1% per year rate of output through 2012.Business consultants are projected to do well, based on the increasing number of businesses that will need help drafting business plans, budgets, and international strategies. Businesses also will continue to need consultants specializing in government compliance to help navigate the federal government’s sea of regulations.

HOME HEALTHCARE
While employment in the health service industry is projected to grow 28% by 2012, employment in the specialized home health care industry is expected to be nearly twice that, or 54.5%. Each year, over 7.6 million people are provided with home health care services. There are two reasons for this growth: demographics and medical advancements. In demographic terms, the number of people in older age groups is growing faster than the total population because of the post-war baby boom followed by a drop in the birthrate of American woman. Secondly, advancements in medical technologies have extended the lives of the very ill and the very old. The combination of these two factors means that the need for home healthcare and nursing and residential care will grow.

CHILD CARE
When women started pouring into the workforce 30 years ago, a new industry was created: childcare. The child day care service industry has become one of the fastest-growing businesses in the U.S. It takes in more than $11 billion annually, and it’s projected to get bigger, thanks to an expected increase in the number of woman between the ages of 15 and 44 entering the workforce. With the 40-hour work creeping upwards, parents will need more childcare services, particularly later into the evening and on weekends. For these reasons, the number of persons working in childcare is expected to grow 43% by 2012.

ENTERTAINMENT
The baby boomers are going to be the richest retirees in our nation’s history. So what are they going to do with their cash? Spend it, of course. With plenty of time and a penchant for enjoying life, the baby boomers are expected to drive the arts and entertainment sector, which is projected to increase in employment by 31.3% over the next decade.The arts, entertainment and recreation sector, which includes anything from golf courses to casinos, will also benefit from a younger clientele. Over the last decade, the saving rate among Americans has fallen, partly because of an increase in the cost of living, but also because of increase spending on discretionary items. This trend, coupled with the demand from baby boomers, provides entrepreneurs with many business opportunities.

For more information visit Inc.com





Advertisements

Startup Boot Camps Looking for Entrepreneurs

10 Apr
Celena's Pink Waltz

Image by snupped via Flickr

 

Business accelerators are spreading across the U.S. as early stage investors, entrepreneurs, and policymakers try to speed how long it takes to create new ventures—from years to months.

Launchpad Ignition

Launch Pad Ignition is a new startup accelerator. An exciting leap for the New Orleans startup ecosystem, Ignition creates a framework to help founders refine their product offering, invigorate their business plans, and raise funding to fuel their growth. Launch Pad Ignition is a program of Launch Pad, a co-working & incubator space in downtown New Orleans. With 12,000 sq ft of shared workspace and more than 60 companies, Launch Pad is at the heart of the entrepreneurial renaissance in New Orleans and is one of the most successful co-working spaces in the country.

Techstars

TechStars is a mentorship-driven seed stage investment program. They run a three month long program in Boston (MA), Boulder (CO), New York City (NY) and Seattle (WA) once each year. They’re very selective – hundreds of companies apply and we only take about ten companies per city. These companies get up to $18,000 in seed funding, three months of intensive top-notch mentorship, and the chance to pitch to angel investors and venture capitalists at the end of the program.

DreamIT Ventures

The DreamIt founders designed DreamIt to be the startup accelerator program they wish existed when they started and sold their first companies. New startups today need only a little funding, but they need more help and support than ever before. They need a community of fellow entrepreneurs to share ideas and inspiration, technologists to join their team, Mentors and coaches who have struggled on their way to a big success, legal and accounting services that don’t cost precious cash, and opportunities to meet and pitch angel investors and venture capitalists.

Incubate Miami

Incubate Miami is a public/private partnership between Digiport http://www.digiport.com and The Enterprise Development Corporation of South Florida (EDC) http://www.edc-tech.org that supports emerging science and technology companies in Miami.

Conceived of by Marc Billings, CEO of Digiport, Incubate Miami provides multiple layers of support for entrepreneurs. The mission is to accelerate the growth of startups and innovation and to develop a vibrant technology-based community that creates high-skill, high wage jobs in industries that drive the global economy.

NYC Seedstart

NYC SeedStart Media is a 12-week summer program designed to provide seed funding to technology companies to build a product and launch their company. SeedStart is interested in companies focusing on advertising infrastructure, e-commerce, digital content, and mobile technology. Companies will work with an incredible network of mentors, professionals, and experienced technology entrepreneurs. Venture Capital Partners include Contour Venture Partners, Comcast Interactive Capital/Genacast Ventures, NYC Seed, Polaris Venture Partners, RRE Ventures.

500 Startups

500 Startups provides early-stage companies with funding ranging from $10K to $250K via seed investments, our startup accelerator program, and new micro-fund models like the Twilio Fund. With over 120 experienced startup mentors around the world, creative 10,000 sq ft working space in the heart of Silicon Valley, and a vibrant community of startup founders, they help companies succeed in ways other venture firms do not.

The 500 Startups Accelerator experiments with early-stage startup formulas for explosive growth with a mixture of up to $100K in funding, superhuman mentors & designers in residence, platform-specific strategies for customer acquisition, a creative workspace and more.

Excelerate Labs

Excelerate Labs is an intensive summer accelerator for startups driven by proven entrepreneurs and investors. Led by world class entrepreneurs Sam Yagan (OKCupid, Sparknotes) and Troy Henikoff (SurePayroll), the program is unique in attracting dozens of mentors from around the country to work with the teams in direct 1-on-1 meetings.

The program selects ten companies every spring to participate in the 13-week intensive summer program. Starting on June 1st, the ten companies build connections and their business during the program. The program culminates in an Investor Demo Day on August 31st, where the companies showcase their progress and plans to more than 200 angel and venture investors from around the country.

For a list of Startup Bootcamps around the world, visit Robert Shedd’s blog at http://blog.shedd.us/321987608/

11 Home Based Businesses for 2011

16 Jan

2011 is here and those of you looking for ideas on what types of businesses to start do not have to look very far.

Inc.com has put together a list of the hottest home businesses for 2011.

Etsy Craft Master
Dennis Anderson

Anderson Soap Company

When Dennis Anderson was asked if he considered himself more of an artist or an entrepreneur, he thought for a moment and replied, “Well, somewhere in between. I like creating things.” Anderson has achieved what so many Americans crave: he has turned his craft—organic soap making, or saponification—into a profitable business from his home. Anderson Soap Company launched in 2007 in his California apartment, and has since moved into a rented house in Portland, Oregon, where he lives with his fiancée and children. Anderson, who started out as an accounting major in college, fell in love with soap making after taking a chemistry course that taught him the process. He has sold soaps to buyers in all 50 states and distributes internationally to Malaysia, Singapore, France, and Sweden.

Quirky Kid’s Clothing
Jenny Ford

Monkey Toes

The children’s clothing industry is a multi-billion dollar market, and a recent surge of interest for specialized kid’s gear has given companies like Monkey Toes, a Colorado-based venture run by Jenny Ford, a niche in this burgeoning market. Monkey Toes is a line of animal and insect-themed footwear for children. Ford started the company in 2002 after drawing designs on her daughter’s shoes. “I thought, ‘Oh, that’s cute,’” Ford recalls. “I fell in love with it.” She chose to keep her business at home to be able to spend more time with her two young daughters, but lack of an office hasn’t stymied the growth of the brand. Ford currently distributes in stores all over the world, and recently signed a new distribution deal that will take the product into the hands of 100 representatives around the country.

Building Better Communities
Kene Turner

EpiLife

Kene Turner understands the value of building a better business. After all, that’s his job. The mission of EpiLife is to help organizations achieve social responsibility by implementing special project-based initiatives within their communities. Before launching EpiLife, Kene worked for the YMCA of New York, where he taught youth entrepreneurial programs. EpiLife is based out of Turner’s home in New York City, and represents his desire to give back to the community that helped him in his own childhood. “When I was a teen I lost my mom to cancer,” he says. “I never knew my father. I was a child in transition. I had family, but not much. The ones that really helped me were members of the community…and it was that message that I want to implement into a venture or business.”

eBay Powerseller
Ann Whitley Wood

Willow-Wear

Ann Whitley Wood is an attorney-turned-entrepreneur who saw a market for designer goods and collectibles on eBay nearly 10 years ago. In what started out as a hobby, Wood now manages over 350 listings on eBay through her store Willow-Wear, and works with about 40 clients on any given day from her home in Texas. In 2010, Wood sold over 1,100 items for about $450,000—making her one of eBay’s true “powersellers.” Though she does not keep inventory in her house, working from home has been an integral part of her business. “I had to be able to sell on eBay from home, in between taking care of my children and managing the rest of life,” Wood says. To be successful as an eBay entrepreneur, Wood says you must have an acute understanding of your product, as well as your competition.

Online Wedding Resources
Emily Newman

OnceWed.com

Wedding dresses are bought (one hopes) only once, making them one of the most expensive purchases in a woman’s life. So Emily Newman thought, why not buy second-hand? “I saw a need where women my age were dealing with a lot of the same things,” says Newman, the founder of the Once Wed, an online wedding community, based in Atlanta. “They didn’t have a huge budget, but they still wanted to wear a beautiful dress.” So Newman and her husband, who works in online advertising, teamed up to launch Once Wed, a site for brides-to-be. The site has grown from a used dress listing service to the be-all resource for brides, similar to TheKnot.com. Once Wed puts together inspiration guides and a popular blog, which helps drives traffic to the site.

Social Media e-Commerce
Hakan Nizam

NetFoliage

NetFoliage is a web development company that creates web sites for small businesses, entrepreneurs, and artists. It’s also one of a growing number of web development companies that specialize in building e-commerce sites and online stores for social networking sites like Facebook. Nizam, who is originally from Istanbul, has been based out of his Brooklyn apartment since he launched the company in 2007—and plans to stay in his home, too. “Honestly, it didn’t even occur to me to rent an office,” he says. “I didn’t have the time or the need to think about. I would never do it—it’s becoming a lifestyle. I can go on vacation without worrying about anything. I turn off my phone and the business is closed.”

Mommy Blogger
Michelle Mitton

Scribbit.blogspot.com

You don’t need to attend a BlogHer Convention to realize that “mommy bloggers” are a force to be reckoned with. Michelle Mitton was one of the first “mommy bloggers” to make a name for herself and her blog Scribbit, almost six years ago. In 2008, she was selected by The Wall Street Journal as one of the top ten blogs about motherhood, and her site attracts nearly 60,000 page views every month and 2,300 daily subscribers. Mitton publishes recipes, household tips, product reviews, and has even written a book about blogging, all from her home in Alaska. “With so many blogs out there, you have to be the ‘purple cow’ as Seth Godin talks about. I try to diversify my topics a bit—I even have a few men [readers].”

Curated E-mail Newsletter
Chris McCann

StartupDigest.com

Chris McCann (pictured) and Brendan McManus launched StartupDigest.com as a resource for entrepreneurs looking to get involved in their community and connected with other entrepreneurs. The site has seen remarkable growth; in just a little over a year, the site has grown to 100,000 subscribers and has spread to over 50 cities. And though the content reaches people all over the world, McCann and McManus rarely have to leave their house in Palo Alto, California. “When you’re on a shoestring budget, and if the deciding factor is to spend money to get the office or spend money and do the marketing and get the product out there, do all that stuff first,” says McCann. “An office should not be high on your lists of priorities.”

Sports Content Aggregator
Ann Gaffigan

WomenTalkSports.com

Ann Gaffigan felt that there needed to be more mainstream media coverage of women’s sports. So, about two years ago, she teamed up with two co-founders to launch WomenTalkSports.com, an online network that has become one of the most thorough purveyors of women’s sports news. “We didn’t research the market for this,” Gaffigan says from her home in Kansas. “It just came from our belief that something like this really needed to happen, and we want the next generation to see positive female role models.” There are over 100 websites that link to WomenTalkSports.com, and about 70 bloggers on the site. While the site’s traffic varies depending on the season, the site swells when national competitions are brought to the spotlight. During the Vancouver Olympics, for example, the site had over a million visitors.

Custom Men’s Shirts
Danny Wong

Blank Label

Who said custom designed shirts had to be expensive? Blank Label is a Boston-based start-up that allows users to design custom dress shirts, choosing the fabric, pattern, buttons, and size, for a modest price under $100, depending on the extras. Blank Label was created by Danny Wong (center) and three co-founders (and classmates) in the summer of 2009. After a brief period of incubation by their college, Babson, the team chose not to take on an office lease. “It worked better for us,” says Wong. “We didn’t want to pay for office space.” The founders lived together in Shanghai for several months, developing relationships with suppliers and working out of their living room. At one point, they were operating with members based from home in three different time zones around the world, but Wong says it’s never been a problem.

Application Consulting
Stacy Blackman

Stacy Blackman Consulting

Stacy Blackman knows what it takes to get into one of the nation’s top MBA programs. Blackman, a who received her own MBA at the Kellogg Graduate School of Management at Northwestern University, turned her passion for helping students gain admission into MBA programs into her full-time job after years working in private equity. “When I first started my business, I wasn’t trying to start a business; I was just doing something I really enjoyed.” Now, Stacy Blackman Consulting has turned into one of the premier MBA international consulting firms, with clients and consultants based all over the world. Blackman has even graced the cover of Fortune, and published a book titled The MBA Application Roadmap.

Visit www.inc.com for more information.

Financing Trends for 2011

28 Dec
Image representing Catwalk Genius as depicted ...

Image via CrunchBase

Hello Ladies,

2011 is almost here and I am sure a lot of you a wondering what types of financing will be available for small businesses. According to one of our favorite websites entrepreneur.com there are 5 financing trends that you should watch out for.

1. Crowdfunding (especially niche crowdfunding)
Kickstarter popularized the idea of crowdfunding, which is when a large group of people help fund a project or business through a cluster of small donations. Kickstarter began as a new way to help artists get projects off the ground. In return for funding, donors receive goods or services, or even just a well-crafted thank-you, in lieu of equity or interest payments. Now the same idea is spreading to business ventures. Diaspora, a tech company that wants to build a social network to rival Facebook got more than $200,000 in seed money from a Kickstarter campaign.

3 hot niche crowdfunding sites are:

Catwalk Genius – Members fund fledgling fashion designers and in return get a share of the revenue generated by the designer’s clothing lines.

Indiegogo – Leans toward creative and tech business ventures.

Peerbackers – A community of people specifically looking to support entrepreneurs, which are similar to Kickstarter in that they encourage preselling products as a way to raise funds.

2. Microlending
The idea of offering very small loans, even just $100, has its roots in helping women in underdeveloped countries start small business ventures. But as the recession tightened credit offerings, the popularity of microlending has extended to the U.S. — especially as aspiring entrepreneurs are starting ventures with far less than the $50,000 business loan threshold common at many banks. Not-for-profit Accion is the largest organization putting that idea into action with loans that start at $500 and average a little more than $5,000. You can also research other microlending programs around the U.S. through the Association for Enterprise Opportunity’s searchable database.

3. Credit Unions
These cooperative financial institutions are among the most active in making smaller loans to entrepreneurs and have only gotten busier in recent years, according to the National Credit Union Administration (NCUA). Its figures show credit unions made more than $33 billion worth of business loans in 2009, up from $12 billion in 2004. They have relatively low default rates and terms that are often better than traditional banks, according to the NCUA and Federal Deposit Insurance Corp. (FDIC). Credit unions also can be a resource for aspiring business owners whose credit score might not pass muster with other banks. The catch? You will likely have to become a member of the credit union to borrow from it.

4. Bootstrapping
If you’ve trimmed your start-up costs down to a few hundred or a couple thousand dollars, why not skip the loan altogether and bootstrap your business? When you tap personal savings, get vendors to front start-up supplies for delayed payment terms, hit up friends and relatives, or use one money-making venture to fund another, then you’re bootstrapping. It’s a good way to test an idea and make sure it has legs before investing heavily in a new venture. Think of it as the business equivalent of going retro. It’s an idea that has been around forever, but is making a big comeback as people who have lost their jobs in the recession increasingly look to start a small business as an alternative to traditional employment.

5. The Slow Money Movement
Woody Tasch, longtime chairman of Investors’ Circle, a hugely successful angel network for socially responsible companies, is spearheading this fledgling movement. Its ambitious aim is “a million Americans investing 1% of their assets in local food systems within a decade.”

The idea is to help entrepreneurs who buy, use and sell local food or who engage in sustainable agriculture get seed funding from people they know in their communities. The terms are set on a deal-by-deal basis, which can range from a loan to equity to a credit extension. Backers are encouraged to invest in ventures that won’t just turn quick profits but will benefit their communities over the long term by creating jobs, supporting other local businesses and the fostering local food chain.

For more information visit www.entrepreneur.com

Cheap Hype for Your Business!!

1 Dec

Hello Ladies!

Looking for low cost ways to advertise your business?

Let us introduce you to one of our best kept secrets www.uphype.com

UpHype is a micro-payment marketplace where savvy people with unique talents and resources advertise to take your message and promote it in unique ways. Simply priced at $8, $16, or $24.

Anyone can create a hype or small service ad of what they’re willing to do to “hype” your message. Buyers can purchase hypes and are required to pay for the hype in advance. After the work is completed and accepted by the buyer, UpHype gives the task performer a whopping majority of the fee.

Hypes range from promoting your message to a user’s 300,000 Twitter followers, sending 60,000 traffic hits to your website, creating a video podcast, writing a press release or article for your blog and anything in between.

Hypes are divided into categories, including Social Marketing, Graphics, Writing, Eblasts, Flyers, SEO work, Website Back-links and whole lot more! To ensure that you get a good task performer, UpHype also post buyer feedback on people who perform tasks. Task performers will be given a positive feedback score, which can be seen by users who are considering hiring them for their hypes.

To learn more about Uphype visit their website at www.uphype.com

The next big thing in fashion…and she’s only 11yrs old!

19 Oct

Have you heard of Cecilia Cassini? well if you haven’t you better pay attention because she is fast becoming a household name.

Cecilia’s passion for fashion began at the tender age of six, when she recieved a sewing maching for her birthday. While other  girls her age were busy playing with Barbie dolls, Cecilia was reading fashion magazines and teaching herself how to make beautiful dresses.

Now, at 11 years of age, she’s already an established fashion designer. She’s already dressed celebrities like Heidi Klum and Miley Cyrus and is about to star in her own reality show.

Her fashions are sold in the tony Fred Segal boutique in Santa Monica and online.

To learn more about Cecilia visit her website at http://www.ceciliacassini.com.

Where to find manufacturers!

18 Oct

  1. Alibaba screenshot

Image via Wikipedia

Are you looking for manufacturers to who can help bring your products to life?  why not try Alibaba.com. Are you looking for shoe manufacturers? or manufacturers who can work with you to develop the latest brand of makeup?. You can find a manufacturer for virtually any type of product on Alibaba.com.

Alibaba.com is the global leader in e-commerce for small businesses and the flagship company of Alibaba Group. Founded in 1999 in Hangzhou, China, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online through three marketplaces: a global trade platform (www.alibaba.com) for importers and exporters; a Chinese platform (www.1688.com) for domestic trade in China; and, through an associated company, a Japanese platform (www.alibaba.co.jp) facilitating trade to and from Japan.

Alibaba.com also offers a wholesale platform on the global site (www.aliexpress.com) geared for smaller buyers seeking fast shipment of small quantities of goods. Together, these marketplaces form a community of more than 53 million registered users in more than 240 countries and regions.

Alibaba.com has offices in more than 60 cities across Greater China, India, Japan, Korea, Europe and the United States.

A word of caution courtesy of Allbusiness.com and Alibaba.com

When dealing with any online business, you want to make sure you take the necessary precautions to protect yourself.

Here are some tips to prevent you from being a victim of fraud.

  1. Do your homework. Don’t just take a supplier’s word to be the truth. You are ultimately responsible for your business and the deal you do, so make sure you are comfortable. Once you find a supplier you would like to do business with, Google them. Do a search on Alibaba.com forums on the Safe Trading Center. Ask other people involved in global trade if they’ve heard of them.

  2. Ask for references. When you find a supplier it will tell you how many years they’ve been an Alibaba.com member. We strongly recommend that you work with a GOLD SUPPLIER (this means they’ve been verified by a third party), but you should also ask them for references of other companies they’ve done business with in the U.S.

  3. Do a bank reference check or credit check on your potential supplier. This way you can find out if there are any outstanding problems pending.

  4. Familiarize yourself with import/export terms and laws. You don’t have to be an expert to do this, but you need to know the basics to make sure you are covered and that your goods don’t get stopped in customs. The Official Alibaba.com Success Guide by Brad and Debra Schepp is a great place to find out everything you need to know to get started.

  5. If a supplier is pressuring you to make a decision fast or send money quickly, don’t do it. This is a red flag and a quality supplier will be willing to work with your timeline. Be very careful in the payment method you select as this will make a big difference in how you are protected later.

 

 

%d bloggers like this: