Austin is named as the #1 place to start a business in America by CNBC. In 2016, the Texas capital was leading at number one for the best cities in the U.S. for launching startup technology. Small businesses are growing and there are numerous opportunities for each individual in the City. A recent study by Fit Small Business stated that Texas is the best place to start a business.
There is a diverse mix of government employees, tech workers, blue-collar workers, and corporate and business people in the area. If you live within the area and are interested to start a business, here are some ideas for new business opportunities in Austin. Texas.
1. Day Care
Most parents in Austin are full-time employers that work within offices with tight work schedules that allow very little time to take care of their kids. Mothers and fathers can rest assured that their kids are in safe hands while they are at work.
2. Electronic Repair
With numerous advances in tech nowadays, people are incorporating technology into their daily lives. From computers, smartphones, smart TV’s, to smart homes, it’s becoming a huge demand. Electronic devices have become a necessity in every person’s lives.
3. Events Planner
Austin is a vibrant and lively city. There will always be events everywhere you go. The city hosts large music shows, sporting events, along with the usual conferences and symposiums. It sure can be hectic but has high returns when you have the right marketing strategy for your business.
4. Food Trucks
Food produces a great profit since people love food, they eat to survive and they’re interested to know what’s new especially if it’s new to their eyes and palate. Austin is one of the top ten cities for food trucks. They are becoming more popular since it is much cheaper compared to traditional restaurants.
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5. Online Marketing
Businesses are making use of the internet as a tool to leverage their business when it comes to leads and advertising. There are 275 million users in the U.S. Online marketing can be competitive in today’s time. The field covers services such as SEO, PPC (pay-per-click), social media marketing, web design and more.
6. Property Business
Developing and selling properties as well as leasing are two profitable areas in real estate. It may require large investment capital, but it has high returns. Despite requiring a large investment capital, it has high returns on a certain amount of time. Austin is a growing city where this type of business can be seen to flourish. Looking into Austin Investment Properties? Give us a call at (512) 580-9338.
7. Tourist Guide
As mentioned in one of our points, Austin is a vibrant and lively city that attracts tourists to come and enjoy beautiful spots in the area. Aside from that, there are numerous events that happen every month wherein a tour guide can be helpful for those who are visiting Austin for the first time.
If you have questions about Austin real estate, investing in Austin real estate, and buying or selling a home in Austin, fill out the form below to speak to one of our consultants or start a live chat with us!
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