It doesn’t take an expert to tell you that you need a smart idea to start a business. But, what ideas are good for 2016?
What businesses are thriving and making the most money this year?
We took a look at some of the market trends and came up with three business ideas that are perfect to star in 2016:
3D Printing Business
3D printing is slowly starting to take off. It’s been around for a while, but 2016 is the year people are starting to take advantage of it. A 3D printing business can bring you lots of success. There are already lots of small startups that are earning big bucks from it. With a 3D printer, you can create models and all sorts of things to sell.
Recently, an Australian entrepreneur made a custom iPhone case from a 3D printer for Pokemon Go players. He’s selling them for a few bucks and making lots of cash. There’s no end to what you can create with a 3D printer, which is why this is such a great idea. You’re only limited by your creativity!
Personally, I think making phone cases is a brilliant little business idea. There’s definitely a demand for them, and the manufacturing costs will be very low.
The food-tech industry has been growing for quite some time now. And, in 2015, it exploded. We saw so many great businesses expand and dominate the market. Now, no matter what food shop you go to, you’ll find new and inventive things on the shelves.
A food-tech business is all about finding new ways to make food. Typically, the most successful way to do this is by making foods that are tasty and healthy. This is the best way to see quick growth and expansion. Hampton Creek is a good example of a food-tech business that’s growing fast. It doesn’t take long to grab info on Hampton Creek and find out why this is the case. If you want a successful business idea, then maybe you should follow suit and start your food-tech company today.
App Development Business
Mobile apps are all the rage and will make you millions of dollars. There are so many different apps that someone can create and make money from. The most obvious of which is a mobile game.
Ketchapp is a great example of an app development business that started small, and now dominate the market. But, a popular idea is now to make apps for other apps. I know, it sounds pretty weird, but bare with me. App development companies are creating apps for popular social networking sites.
For example, there are apps that are specifically for Twitter, like TweetDeck. You have photo editing apps that are specific to Instagram, and so on. They’re designed to enhance user experience on these popular social media apps. As such, they can be big money makers; that’s for sure.
Try out any of these three business ideas if you want to hit the ground running in 2016. The great thing is, they’re all low-cost startups that are perfect for anyone!