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Best Industries For a New Startup Growth in 2020

  • Writer: Anna LIFTOFFF
    Anna LIFTOFFF
  • Oct 5, 2019
  • 1 min read

Updated: Jan 25, 2023

2020 is a new start and a new opportunity for startups around the globe to raise up. Small businesses and startups can thrive by adapting and figuring out how change can translate into future opportunities. Here are ten current industries smart businesses can leverage for growth in 2020.


The 10 most profitable industries by net profit margin (NPM) are:

  • Finances, Accounting and Tax , Bookkeeping, and Payroll Services: 22.4 % NPM

  • Real Estate: 15.9 % NPM

  • Legal Services: 17.4 % NPM

  • Management and Enterprises: 16 % NPM

  • Green and renewable energy: 14.9 % NPM

  • Medical & Recreational Marijuana Stores: 14.8 % NPM

  • Artificial intelligence: 14.3 % NPM

  • Social Networking Sites: 13.2% NPM

  • Offices of Other Health Practitioners: 13 % NPM

  • Medical and Diagnostic Laboratories: 12.1 % NPM



 
 
 

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