Business Trend Essay

594 Words Nov 10th, 2014 3 Pages
When developing a new business, it involves a huge amount of planning, identifying business opportunities, and business trends. A business trend is a general change in the way business is developing. Some of the most essential trends potential entrepreneurs follow are economic trends, social trends, technological advances, and political action and regulatory changes. It is recommended when developing a new business, to consistently research any potential changes in these trends. Below are a few examples of a few major trends and potential business ideas:
Economic Trends (Recyclable/Biodegradable Furniture)
Recycling and “Going Green” has become a rising phenomenon in today’s society. According to Go Green Recycling Inc., the average
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Technology has become a priority in many people’s lives.
Video games and Video game stations like the PlayStation 4, Xbox One and the Nintendo Wii U play an enormous role in today’s society. Seeing that both children and adults are making it their number one priority to play video games, I have developed an App which allows gamers to use their smart phones and tablets to connect directly to their video game station. The objective for creating this App is to somewhat make your video game console mobile without actually physically moving your video game console wherever you go. Imagine you’re not home and you want to play “Call of Duty”, you go into the App (which wirelessly connects to your video game station), and in turn you have access to your video game station and are able to select the game you wish to play.
Social Trends (Nutrition/ Raw Food Products)
According to the Human and Health Society, “unhealthy eating habits have contributed to the obesity epidemic in the United States: about one-third of adults (33.8%) are obese and approximately (17%) of children are obese.” Incorporating good nutrition in your diet and physical activity is an important part of living a healthy lifestyle.
Seeing that there is an alarming need to improve unhealthy eating habits, I have opened a “Raw Food Concession Stands” in various locations like grocery stores, schools, and gyms. The idea is that you’ll mostly be eating raw

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