Business Ideas in Consulting and Services: August 2023

Looking for new ideas or want to keep up with business trends? Each month, my team and I carefully study industry announcements and trends to highlight TEN opportunities to start or pivot to a new consulting and services business, along with specific actions you can take.

Topics for August include:

465,000 New business applications [US Census Bureau]
21 Small-business grants [NerdWallet]
Food as medicine [Pitchbook]
Selling your forest for carbon reduction [WSJ]
Silicon Valley’s share of VC funding trending down [Pitchbook]
New CRM offerings from Salesforce [Salesforce, Salesforce]
AI in education [Pearson, Coursera]
Only 9% of brands tracking users across channels [CDP Institute, Acxiom]
Boring is bountiful : data quality [CDP Institute]
Cybersecurity vulnerabilities in health and insurance verticals [TechCrunch, Maine Attorney General, SEC]

Even if you’re not familiar with the specific verticals, you’ll be sure to get some key actions to increase your chances for success in your own venture.

Feras Alhlou

Feras has founded, grown, and sold businesses in Silicon Valley and abroad, scaling them from zero revenue to 7 and 8 figures. In 2019, he sold e-Nor, a digital marketing consulting company, to dentsu (a top-5 global media company). Feras has served as an advisor to 150+ other new startup businesses, and in his current venture, Start Up With Feras, he's on a mission to help entrepreneurs in the consulting and services space start and grow their businesses smarter and stronger.

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