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5 Great Small Business Opportunities for Women

November 11, 2010

Small businesses are on the rise. At Bill.com we see that every day. And women-owned businesses are growing at twice the rate of all U.S. firms. Which industries are most ripe with opportunity for women?

Here are five we’ve got our eye on:

1). Yoga Products and Services: $5.7 billion. That’s how much Americans spent on yoga products, equipment and clothing in 2008 – 87% more than just four years earlier. And with doctors and therapist recommending yoga to patients – and kids getting in on the act – every kind of yoga is the hot kind.

2). Gourmet Food Trucks: Mobile restaurants are cropping up all over, and not just to serve construction workers. From Sushi to Korean BBQ to Gelato, these nouveau food trucks foster a social scene and rake in added profits via private catering events. For foodies who want to sidestep the prohibitive cost of opening a restaurant and not be wedded to one location, this meals-on-wheels wave is the one to ride.

3). Niche Consulting: Pink slips often light a fire under female workers to go it alone. College planners, PR pros, SEO/tech experts, and environmental consultants are a few of the folks benefitting most handsomely these days.

4). Temporary Staffing: Google the term “temporary staffing” and you’ll get more than 7 million hits. No wonder. In a still recovering economy, temp workers let companies staff up and down as needed, lowering their overhead. Businesses like Hire My Mom, Mom Corps, Flexperience and 10 Til 2 connect employers with highly skilled workers (many of them moms). Signing on, franchising, or starting your own seems a good bet right about now.

5). iPad Content: 13 of the top 16 book applications for the iPad are children's titles. A new generation of readers, dubbed "e-book nativists," are discovering a modern way to be excited about reading. Who better to dream up new characters and plot lines than women – many of whom see first-hand what delights their own kids and grandkids?

Do you run a women-owned small business? How’s it going? Share your thoughts in the Comments section below.

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One Comment
  1. Great Information. That sounds pretty cool. Really helpful thanks for the Article, Great job, Keep posting interesting matters here. Looking forward to it.
    Thanks and keep it up! All the Best.

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