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7 Best Industries To Start A Business In 2013 (Infographic)

Running a business is not for the weak of heart. We know that much. It takes so much time, so much effort, and so much money. Building a successful business is even harder. An infographic from Staff.com brings us the numbers on startup failures and successes.

Let’s take a look at their findings:

  • Businesses are less likely to survive today: In 1995, 50% of businesses survived five years. In 2005, 47% of businesses survived five years.
  • Businesses most likely to fail include independent restaurants, retail stores, direct sales, and consulting and business services. The rate of failure is between 50 – 60% in the first five years.

But there’s good news. If you’re looking to start a business in one of the following industries, you’ve got a good chance for success:

  • e-Commerce: There’s a 52% projected revenue increase between 2012 and 2017.
  • Internet publishing: 110% projected growth between 2012 and 2017.
  • Mobile games: 173% projected revenue increase between 2012 and 2017.
  • Residential construction: 63% projected revenue increase between 2012 and 2017.

There are three more healthy, growing industries in the infographic. Check it out:

Staff.com presents What’s the change a startup business will fail - Infographic
Staff.com – Connecting Great Companies with Global Talent

Are you starting a business? Tell us about it in the comments below!

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About Vincenzo Ravina

Vincenzo Ravina is a writer, journalist and giraffe enthusiast from Halifax, Nova Scotia. You can learn more at his website, http://VincenzoRavina.com, or follow him on Twitter at @RavinaSBT.

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