With the pandemic (or at least its associated economic shutdown) receding in the rearview mirror, the business world is growing again and, amongst that growth, a lot of new entrepreneurs are finding the room to stretch their own legs. Here, we’re going to look at some of the factors, and the opportunities, that are making it easier to start a business in 2024.

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Industries on the up

There are certain industries that have had a major boom period, opening the doors for entrepreneurs to seize the opportunity for their own area or market. Take a look at some of the thriving industries as of late, including CBD, fintech, and digital marketing and advertising. Finding your opportunity within those could be your chance to seize on startling levels of growth and buzz.

The world of remote working

The pandemic has seen the balance of the working world shift, acting as a catalyst for a trend that was already happening: the shift to remote working. While a lot of larger businesses are fighting to get employees back in the offices, this has made it easier than ever to start a business from home, with all of the infrastructure, software, and services aimed specifically at remote workers that have popped up over the past few years.

Proven models to follow

With the high-street small business continuing to decline in its popularity and relevance, the growing risk of starting a new brick-and-mortar brand has caused many entrepreneurs to find an alternative path. Sites like Franchise Local may be the solution they have been looking for. There has been a lot of growth in the franchise market, with plenty of business owners opting to run with a proven brand and business plan, sacrificing freedom and flexibility for the ability to quickly slip into a working business model.

A bursting labour market

While it might be a better time for business owners to get things rolling, that doesn’t mean it has been a great time for workers. Layoffs have been consistent in a wide range of industries over the past year and ever since the pandemic. However, this does mean that there’s more raw talent on the market and, what’s more, a ton of growth in freelance marketplaces like Fiverr, making it easier to access the labour and skills your business might need.

AI building the road ahead

Although still largely unproven, we have seen AI make huge strides over the past year, in particular. While it might not yet be ready to entirely take over the prospect of running a business, as many of its more excitable proponents might have suggested, sites like ThoughtSpot lay out some very valid use cases to start implementing it to improve efficiency and productivity.

Starting a business real is easier than it has been for a long time, and providing that no major financial shakeups happen, that may be the case for some time to come. Of course, this doesn’t make running a business any easier, so ensure that you’re prepared on that mark.