SOURCE: MyCorporation

MyCorporation

July 23, 2013 08:00 ET

MyCorporation Explores the Growth Behind 2013's 7 Fastest Growing Industries

CALABASAS, CA--(Marketwired - Jul 23, 2013) - With 15 years in the incorporation and LLC formation industry and a reputation for exemplary customer service, MyCorporation.com is exploring the growth behind 2013's hottest industries in their latest infographic "2013 Biggest Businesses & Fastest Growing Industries." In this infographic, MyCorporation covers the seven fastest growing industries for entrepreneurs and small business owners, their reasons for growth, and popular formation types per industry.

The first industry the infographic covers is green and sustainable energy, boasting a 20% growth rate to protect the environment with green homes, LEED, and solar panels making up big components of its success. This industry is followed up by personal care, which MyCorporation's research shows is booming because it reinforces "way of life" from the beginning and relies on alternative exercise and self-tanning products as a priority to combat health issues.

Online and for-profit education come in third with online universities and for-profit universities making up this quickly growing industry, attractive for its accessibility appeal (with classes now being taught online) and the strict entry requirements and budget cuts of public/private institutions. As social networks continue to grow, it's no surprise that the social network games industry ranks at number four by MyCorporation. In just five years, social network games are estimated to become a billion dollar industry. This is followed up by the mobile app industry at number five, growing due to an ever-expanding user base with smartphones and tablets becoming more attainable at all price ranges.

At number six is 3D printing, commended by President Obama for having "the potential to revolutionize the way we make almost everything." Finally, the infographic covers the generic pharmacy industry with a projected annual growth rate of 6.3% due to the high demand for less expensive medicine.

Deborah Sweeney, CEO of MyCorporation, thinks the infographic is arriving at just the right time for up-and-coming business owners to study because it accurately reflects what consumers want to spend their money on right now.

"The infographic shows that small businesses are responding to consumer demand for healthier, more environmentally friendly products and services. Whether consumers are demanding products and services that help them minimize the carbon footprint or to maintain healthier, happier lifestyles, small businesses are responding in full force. It is exciting to see small business success as a result of responding to consumer demands," said Sweeney.

For over 15 years, MyCorporation.com has helped small business clients incorporate their businesses in a reliable and affordable manner. Have any questions about the step by step business filing process or need a company that provides all of the above services? Give MyCorporation a call at 1 (877) 692-6772 Monday through Friday at 7 AM - 5 PM PT or visit us at www.mycorporation.com.

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