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18 January, 01:50

What characteristics make an industry attractive to entrepreneurs? Based on these characteristics, which industries are most attractive to entrepreneurs?

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  1. 18 January, 05:09
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    There are many factors and characteristics which make an industry attractive to an entrepreneur:

    * Low amount of resources

    * Large Number of buyers

    * Higher growth opportunities

    * Less competition

    * High returns and profits

    * Qualified, educated, hardworking and easily available Workforce

    Based on the above mentioned characteristics, following industries are most attractive to entrepreneurs:

    * Data Services

    * Software Houses/Business

    * Accounting Consulting Firm

    * Management Consulting Firm

    * Digital Marketing Services

    * SEO (Search Engine Optimization) Services

    * SMM (Social Media Marketing) Services
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