Trending Business Practices in 2023

1. E-commerce businesses

Many trends sprouted in the last year or so due to businesses needing to adapt to survive the pandemic. One trend I’ve seen that will continue to be strong in 2022 and beyond? E-commerce.

E-commerce businesses that sell products and services online are becoming huge. Why? Customers can easily and safely shop from home. And, business owners don’t have to worry about having a brick-and-mortar location. Not to mention, business owners can steer clear of some overhead costs; they can do all of their business online. It’s truly a win-win.

If you’re thinking about starting a business but are leery about opening a storefront, starting an e-commerce business may be the perfect new trend to follow.

2. Cryptocurrency and NFTs Going Mainstream

This revolutionary monetary system and currency are the future of the financial world. By having these alternative currencies and investments introduced to the marketplace, it opens up a world of possibilities for small businesses and corporations worldwide. So excited to witness what transpires. 

3. Hybrid Online-Offline Business Models

In the trenches of the COVID-19 pandemic, lots of businesses were forced to adopt a hybrid/remote method for employees as well as products and services. Expect to see more hybrid approaches remaining in the workforce and marketplace. The new model has proven to be successful, practical, cost efficient as well as safe within the last 2 years. Online sales having seemingly skyrocketed within the last 2 years as well. 

4. Increased Hiring of Freelancers

Since 2020, people have been tapping into their greatest skills and turning them into a side hustle, or most often a full fledged business structure. The pandemic has helped a lot of people to discover their greatest potential, and leverage that potential to create financial freedom and more. 2022 will bring more opportunities for freelancers to shine and thrive.