Top start-up opportunities in this economy

There is still money to be made despite the economic climate according to industry research firm IBISWorld. The company identified the leading start-up opportunities for entrepreneurs and investors to potentially make a profit in 2009 and beyond.

The high-growth sectors listed that apply to our industry are: e-commerce and online auctions and online tutoring. Americans are becoming thrifty with their wallets, and with the Internet offering an array of providers for every conceivable need, consumers are better able to research and compare more inexpensive options offering the greatest value. This industry’s phenomenal growth is expected to continue for the next few years, facilitated by relatively low operating costs that lead to higher profit margins for operators.

Technologically, the industry continues to evolve and improve. Secure payment systems such as PayPal and effective Web-based self-service solutions are improving business-to-consumer relations while boosting confidence and convenience regarding online shopping.

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