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Several of the top 10 businesses are aimed at seniors.
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Although there is no sure way to pick the best business to start, and the top businesses can change depending on where you are located, economists and trend watchers do agree that some businesses are more likely to be in demand than others, no matter where you are located. You will still need to do your own research, but the businesses listed are all in areas that will likely be trending upward for the foreseeable future.
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Several of the top 10 businesses to start are online businesses. One of these is in ecommerce business -- buying and selling online, using a site such as eBay, or your own site. A second top online business is to make crafts or import products and then sell them on your own website or a site such as etsy. If you are knowledgeable or expert in a particular field, a third top business is blogging. Write a blog about a subject you know well and use the blog to make money through affiliate marketing -- promoting other people's products and services on your blog.
Senior Care
As people live longer, the number of elderly and retired people will continue to grow. The growth of this field has even prompted the University of Southern California to offer master's degree in aging-services management. Two of the top 10 businesses provide services to seniors. The first is home care -- providing services and care for elderly people who are living in their own homes. This includes health-related services, as well as non-health services, such as cleaning, shopping, cooking, chauffeuring and teaching computer skills. Another top business is retirement real estate -- selling real estate specifically to retired people. This includes real estate in temperate areas, as well as in retirement communities and resort areas -- anywhere retired people might like to live.
Related Reading: Businesses to Start Up With Less Than 5000 Dollars
Home-based Businesses
There are hundreds, if not thousands of ideas for home-based businesses. Two of the top 10 businesses are in this area -- catering and working as a virtual assistant. Catering is a good choice if you are good at cooking. You can cook in other people's homes, or make dishes to order. One top catering business involves cooking a week's worth of dinners in advance for busy families to freeze and reheat throughout the week. Virtual assistants are based at home and provide remote services, such as phone answering, correspondence and research. Niche areas include virtual dating assistants or acting as an assistant to virtual assistants.
Cleaning Businesses
According to "Entrepreneur" magazine's Franchise 500 survey, two of the top 10 franchises are cleaning services. There are many types of cleaning service – some specialize in homes, other offices or business premises. Real estate agencies use cleaners to get properties ready for sale, especially foreclosed properties. Or you can specialize in areas such as window or carpet cleaning.
Green Businesses
Funding for green technology is increasing all the time, which makes a business providing green technology a top business. According to industry analyst Cleantech Group, as reported in "Entrepreneur," green energy companies, such as those producing solar power, bio-fuels and batteries, accounted for 27 percent of all investment by venture capitalist firms in the third quarter of 2010.
Pets
A huge number of households own pets, and these pets need looking after, which makes pet care another of the top 10 businesses to start. According to the American Pet Products Association, overall consumer spending in the pet industry grows by around 5 percent each year, with growth in pet health care growing at an even greater rate. Some top ideas in the pet care industry include pet sitting, mobile grooming and services for people who want to keep farm animals, such as chickens and bees, in the city.
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