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BOOTSTRAPPING

Start a Business on the Cheap: 10 Growth Industries

Here's the skinny on 10 industries primed for cash-strapped start-ups.
Start a Business on the Cheap: 10 Growth Industries
Looking to start a business without breaking the bank? Look no further. We used data from independent research firm IBISWorld to pinpoint the best industries for bootstrapping a company right now. Our list includes industries with healthy five-year growth forecasts and low-capital intensity—in other words, those that invest a large portion of capital on labor costs, as opposed to expensive equipment. We’ve included some classic examples of low-cost startups (think IT consulting). But others might surprise you. Relaxation drink, anyone? --By Nicole Carter and Eric Markowitz
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Last updated: Oct 16, 2012


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