The Best Industries For Starting a Business Right Now

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Self-Storage Leasing

After a period of slowed growth during the U.S. housing crisis, self-storage has bounced back – largely because it was already better insulated against economic forces than the housing market. The subprime mortgage crisis caused a wave of foreclosures, meaning families needed places to store their possessions. The $22 billion industry has a remarkably low barrier to entry, with 90 percent of self-storage companies owned by small business entrepreneurs. According to the Self Storage Association, there are 2.2 billion square feet of self-storage in this country. That means there's more than 7 square feet of storage per U.S. resident.