This could be a good time to start up an accounting practise. Although the sector has seen a decline this year, IBISWorldforecasts more than 2-3 percent annual growth over the next couple of years.
Conversely, this might be a bad time to start-up a computer maintenance service. Although there’s an expected rise in revenue, there’s a fair bit of competition and a high rate of technological change which can increase the risk for anyone moving into this space.
In this edition of BTalk Ian McGowan, a senior analyst at IBISWorld, takes us through the five best and worst start-up opportunities for 2011.
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Top 40 Business Tips #35: Stick to Your Knitting
Companies often grow in a direction that doesn’t make sense to the customer and stretches resources into unknown territories. If you are going to expand, make it make sense.
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Inflation, the next pandemic?
COVID is causing massive supply chain disruption. We’re told its only temporary, but what if it’s not?
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Markets calmer, but US budget deadline looms
Markets are much calmer this morning. Equities have managed to climb a little, with the biggest moves in currencies and commodities. NAB’s David de Garis says there’s debate about whether we’re heading to reflation, deflation or stagflation, or all of the above. The Aussie dollar lost more ground, but the pound is taking more of a hammering as fuel shortages will almost certainly be hitting the growth outlook there. Over the Atlantic the debt ceiling is looming, but the short-term issue is passing some sort of budget today, so the government can carry on spending tomorrow.
