While no one can predict the future, new entrepreneurs can try to project what businesses will be successful in 2023 based on nationwide trends. Fast-growing industries may offer many startup opportunities for aspiring small business owners.
Here are five business ideas that have the potential to thrive over the next few years.
1. Online Bookkeeping
“Just like so many other professions, bookkeeping has gone online. This is great news for many bookkeepers and accountants who feel trapped in the office environment and long for more personal freedom and the ability to work during their own hours.”
2. Content Marketing
“If you’re a good writer and have something valuable to say, content writing and blogging could be the perfect business for you in 2023. In today’s digital world, more and more businesses are in need of high-quality content. From blogs to website copy to eBooks, there’s a huge demand for writers who can produce engaging, well-written content.”
3. Social Media Management
“If you have an internet connection and are good at social media marketing, then starting a social media management business might be a good option for you. As a social media manager, you can help businesses connect with their customers and grow.”
Source: Small Business Trends
4. Cleaning Services
“Cleaning services offer essential opportunities to both residential and commercial properties, helping to manage tasks many people do not enjoy or do not have time to complete. These services can function as home-based support one or more times per week or as a daily resource for commercial operations.”
5. Teach Online Classes
“A lot of people are interested in teaching, but they don’t necessarily want to quit their jobs and go back to school or anything like that. If you have a knack for teaching and you want to start earning some extra income, then consider building out an online class platform around your area of expertise.”
Funding Your Startup
Many business lenders don’t offer startup funding, but they typically only require 4-6 months of bank statements and a minimum monthly revenue amount to process your loan application.
At First Union, we know how important working capital can be for your business, so we make the process as easy as possible. Ready to get started? You can apply now by completing our online form. Submit the requested documents, and an advisor will walk you through the rest—from start to finish. No games, no hidden costs, only transparency and honesty with us.
So whether you’re going for a merchant cash advance, line of credit, long-term loan, commercial property loan, debt consolidation, bridge loan, credit card processing, health care provider loan, equipment financing, invoice factoring, or short-term loan, we work with you to ensure that the lending product is precisely what your small business needs.
With resources ranging from $5k to $1 million, we have the funds to get you to cash now— not weeks or months later. We can’t wait to see you thrive and grow. Check your options now, and let’s start this journey together.