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In this article, I've suggested a few of the businesses I think are going to be hot in 2016. While tech may be on the decline, the world always has room for sizzling hot, innovative products and services.
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If you're ready to be in charge of your own destiny, but don’t have the capital to buy a franchise or open up a storefront, consider starting an online business. When your store is online, you can reach millions of customers instead of whoever happens to wander in - plus, you don't have to pay for retail space. However, like with any business, you'll need an excellent product and a solid marketing plan. See Step 1 to learn what it takes to start your business online.
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Every small-business owner plans to grow, or at least hopes to. Few know what to do when it actually happens. "As far as the biggest shock in running Adafruit goes, it was demand," Fried recalls. Zach Smith came to a similar realization in MakerBot's early days: "One of the pitfalls is that you start doing something, then you get successful, then you have to start building infrastructure and logistics. If you don't have help, the rest of the business suffers." The pressures of properly incorporating a business, figuring out taxes and dealing with customers can eclipse your core duties.
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