The Best Industries For Starting a Business Right Now

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Translation and Interpretation Services

Talk is cheap, but solid communications are priceless in this global economy. The U.S. military and businesses expanding overseas are two of the translation and interpretation industry's best customers. Overall, the market grew some 18 percent last year. According to, the translation and interpretation services industry is a $2.7 billion market that has grown an average of 22 percent a year since 2004. The healthcare industry is another area in need of language, due in part to the growing U.S. immigrant population. Many opportunities exist in the business-to-business space as well, which includes website translation and creation of multi-language marketing materials. There are also related tech opportunities in the burgeoning market for mobile on-demand translation via SMS.