Businesses that will grow in 2022

Businesses that will grow in 2022

Entrepreneurship is thriving in the U.S. Paperwork filed by Americans to start new businesses increased by 24% in 2020 and is on pace to be even higher in 2021, according to data from the Census Bureau.

Here are some of the business ideas that are likely to grow in 2022. In fields like virtual event planning, the entire business model is fairly new. The people making online hosting platforms are envisioning what virtual events could look like. Markets like pet services have existed for years but are now exploding with possibilities because so many people adopted animals during the pandemic.

1. Plenty of opportunities

The pandemic has made it evident that many things can work online, and this is the best time to start a business in the comfort of your home. From online fitness to online courses and home delivery, many opportunities emerged from the pandemic to cater to people’s changing needs. Online platforms connect businesses to the right customers you will find plenty of opportunities.

2. It’s easier to sell and buy things online

The e-commerce business model was widely adopted during the COVID era as many brick and mortar businesses had to close, and many people had to buy online. People are getting used to buying and selling online, so why not make the best of the situation? Individuals with business ideas can take their businesses online and reach a wide range of audiences with the help of different online platforms and tools.

3. Advanced technology

Technology companies and financial institutions are becoming more advanced in supporting e-commerce businesses. Now, it’s easier to start an online store and take payments easily with minimal setup. So, this is a great time to leverage all the tools and resources to open a booming e-commerce business.

4. Travel planner

Travel planners get perks galore, from discounted hotel rates to inside info about airlines and tour guides. It can be the most creative small business through planning trips in a niche–maybe your specialty is South America or Iceland trips for college kids or seniors! Even better, this business can be run from home…or anywhere in the world.

Travel planner

5. Influencer

While some people might not consider being an influencer or a creative business. There are plenty of courses to take that will help train one to be an influencer in this brave new world of social media. Being an influencer comes with a lot of scrutinies and variable pay; Influencer or not, the fact that influencers exist speaks to the power of social media marketing, so make sure to use it for whatever business you start!

6. Fitness

The wellness market is already a well-established one, with a market of more than $1.5 trillion and growing. But the pandemic changed how people approach their fitness routines in a big way. As a result of reduced access to gyms, people discovered the upsides to working out from home. Acumen Research expects the home fitness market to reach $14.8 billion by 2027. Products like BodyGym that make home workouts more effective could be a promising opportunity.

 Fitness

7. Create a food waste solution

Creating a startup focused on reducing food waste could not only earn some serious funding but also positively change the food system and help save grocery stores and restaurants money.

8. Capitalize on plant-based foods

The plant-based market is exploding, with the sale of plant-based foods growing to over $3.7 billion in 2018. Creating a vegan supermarket or making meat-free versions of traditional foods could be the ticket to success for aspiring entrepreneurs. 

We have always emphasized the importance of having a good website for your company because it can act as your best tool for marketing and sales. A poorly designed website can repulse people from your business and can cause you to lose customers before you even have them. Get in touch with HyperEffects to work on creating, enhancing, and making the website of your company more user-friendly.