Friday, October 30

Author: Emma Jones

5 Tech-Related Business Ideas
Advice, Innovation

5 Tech-Related Business Ideas

Starting a business in the midst of a global pandemic may not seem like the best time, but this isn't necessarily true. Roughly 627,000 small businesses start in the United States per year, so it isn't hard to imagine that those with an entrepreneurial spirit want to join in. That said, roughly 20% of businesses fail within their first year, and 50% fail before making it five years. The most common reason for this is a lack of capital. Either business owners fail to secure enough funding in the beginning, or the costs of maintaining their businesses simply become too much. There are ways, however, to fight both the capital issue and the pandemic. If you start a tech-related business online, you should have significantly fewer start-up costs than a brick and mortar business, and you won'...