This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Hot Industries for Start-Ups in 2013

NEW YORK ( TheStreet) -- Ever considered starting a business to sell shoes online? A recent IBISWorld report pits the industry as one of eight excellent opportunities for startups.

The business of online shoe sales might seem a bit random, but consider the success of Zappos, for instance.

In fact Amazon's (AMZN - Get Report) online shoe retailer fits perfectly into the IBISWorld report's thesis.

"Fragmented industries with a low level of capital intensity often present excellent opportunities for startups," analysts Kevin Boyland and Eben Jose write in the February report. "During the past decade, the key trend creating the majority of these opportunities has been the shift toward providing services online."

>>>Under-the-Radar Hot Industries For Small Business Profits

>>>8 Ways to Boost Your eBay and Online Sales

Start-up prospects are most prevalent in the retail and service industries, with e-commerce presenting the biggest opportunity, particularly with the likes of Amazon, eBay (EBAY - Get Report) and Etsy or platforms like Shopify taking away the challenges presented by technology for entrepreneurs.

Nowadays, a small online business can sell its wares through one of these portals, which eliminates the hassle, time and resources needed to create an online store.

"All of these factors have made starting an online business easier than ever," the report says.

To be competitive, though, start-ups will have to "keep pace with the high level of technological change that has transformed their respective industries. Additionally, access to capital via investments or loans will play a critical role in determining the speed at which firms can grow the scale and scope of their operations," the analysts caution.

Given their low barriers to entry, high level of technological change and strong revenue growth expectations, there are eight industries that present prime opportunities for startups in 2013, according to IBISWorld.

>>>5 Best Franchise Opportunities for 2013

>>>7 Biggest Small-Business Trends in 2013

1. Social Gaming

The social gaming industry has exploded at an average annual rate of 184% during the past five years, driven by surging Internet traffic and the widespread prominence of social networks, particularly Facebook (FB - Get Report), the analysts write.

As mobile devices proliferate, consumers have increasingly been able to access their social networks anywhere, at any time.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AMZN $535.03 -0.21%
EBAY $28.33 0.75%
FB $94.14 0.14%
AAPL $118.44 -2.36%
GOOG $631.21 0.90%

Markets

Chart of I:DJI
DOW 17,598.20 -91.66 -0.52%
S&P 500 2,098.04 -5.80 -0.28%
NASDAQ 5,115.3820 -12.8990 -0.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs