The success of your start-up is defined by many factors, some of which are out of your control.
However, you can give yourself an improved chance of success by picking an industry that is on the up, rather than one seemingly terminal decline.
Without a good idea, differentiation and a lot of hard work, it won’t matter which sector you start-up in. But it’s a good idea to know the lay of the business land in 2012.
Today, we bring you the five sectors set to soar and the five set to plummet this year, as compiled by IBISWorld. Make sure you peruse the list before taking the plunge.
You can help us (and help yourself)
Small and medium businesses and startups have never needed credible, independent journalism and information more than now.
That’s our job at SmartCompany: to keep you informed with the news, interviews and analysis you need to manage your way through this unprecedented crisis.
Now, there’s a way you can help us keep doing this: by becoming a SmartCompany supporter.
Even a small contribution will help us to keep doing the journalism that keeps Australia’s entrepreneurs informed.