Services

If you plan to start your own service business in the US, then you’ll be part of a rapidly growing workforce demographic. According to research from Intuit, service-based businesses make up 34% of the total workforce in the US. This statistic was in 2017 alone. With how fast the service-based industry is growing, you can expect this number to have risen already.

Compared to a product-based business, a service-based business will require a different approach. In general, starting such a form of business is less expensive. Apart from that, most service businesses nowadays can be started online using just a computer and an Internet connection. Needless to say, they’re more flexible compared to businesses that require a physical establishment such as a retail shop or restaurant.

Despite their ease of creation, they are prone to a number of unique challenges. For one, you can expect the industry to come with a lot of competition considering its low entry barrier. Pricing is yet another issue since rates are often based on your experience level and time instead of a physical item.

If you want to get away from the hassles of starting your own business from scratch, then we at USA Biz Investing are here to help you. Through our assistance, you’ll be able to find a service-based business in a variety of sectors, with software and marketing services at the top.

Software

Software services are among the most sought-after services these days, especially since we are moving further into the digital age. In the US, a lot of software services can be found in the states of California, Florida, Texas, North Carolina, and New York.

To buy a software service business, you will need at least $100,000. After your purchase, you can go straight into running your business. Since the business you’ve purchased has already made a name for itself online, you won’t really have a hard time marketing it. However, you still need to make sure you can promote your services online. Additionally, you should make sure that your services are updated at all times.

Marketing

Starting your own marketing firm could be a full-time venture. They can be classified into several branches, with mostly digital marketing taking up the top spot. In fact, marketing services are highly sought-after by brands and other entities that want to make their presence known.

Depending on which marketing branch you choose, you can purchase your own marketing firm for as low as $50,000. However, due to how competitive this industry is, you’ll have to make sure you identify what makes your firm unique so you can stand out. One of the ways you can achieve this is by offering a specialist service. In most cases, marketing firms offer services for digital, TV, print, radio, and other types of media.

You should also pick the right location for your agency. Most marketing agencies that are up for sale are located around several other agencies. While it does create an even tighter competition, it can actually help your potential clients to trust you more.

Regardless of which type of business you want to invest in, we at USA Biz Investing are here to help. Get in touch with us so we can make proper arrangements right away.