Industry Analysis
My business is in the design industry. According to a census data, women held 78% of jobs as interior designers in 2006, which has been rising since 1991 (62%) and is expected to increase over the next few years. The design of products of every type is clearly linked to the economic health of manufacturing sectors. Society needs to replace outdated products and continue to crave new and better iterations. As long as society needs new products, there will continue to be a demand for design. Any risk is barely associated with the industry which is an advantage to my business.
My business is in the design industry. According to a census data, women held 78% of jobs as interior designers in 2006, which has been rising since 1991 (62%) and is expected to increase over the next few years. The design of products of every type is clearly linked to the economic health of manufacturing sectors. Society needs to replace outdated products and continue to crave new and better iterations. As long as society needs new products, there will continue to be a demand for design. Any risk is barely associated with the industry which is an advantage to my business.