50 Most Successful Small Businesses to Start in America

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30. Dance Companies
> Establishment growth, 2017 to 2021: +17.9%
> Total establishments, 2021: 745
> Total employees, 2021: 8,170
> Avg. annual pay, 2021: $35,720

The growth of the dance companies industry can be attributed to the increasing interest and appreciation for dance as an art form. The popularity of dance shows, competitions, and events has led to a greater demand for dance companies to provide performances and entertainment. The number of businesses in the industry rose 17.9% from 632 in 2017 to 745 in 2021, among the fastest expansions of any industry.

Another factor behind growth in the industry may be availability of trained dancers and choreographers. Dance schools, conservatories, and training programs have produced a pool of talented performers who are ready to join professional dance companies, expanding the supply of skilled dancers.

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29. Sound Recording Studios
> Establishment growth, 2017 to 2021: +18.3%
> Total establishments, 2021: 2,177
> Total employees, 2021: 5,748
> Avg. annual pay, 2021: $78,097

The growth of the sound recording studios industry can be attributed to the rising demand for audio content in various forms, including music, podcasts, audiobooks, and voice-overs. The digital age has provided consumers with easier access to audio content, leading to a greater need for professional sound recording services. The number of businesses in the industry rose 18.3% from 1,840 in 2017 to 2,177 in 2021, among the fastest expansions of any industry.

One other factor behind growth in the industry may be growth of the music streaming industry. Streaming platforms have created opportunities for artists and musicians to reach a wider audience, resulting in a surge in music production and the need for high-quality recording facilities.

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28. Wireless Telecommunications Carriers (except Satellite)
> Establishment growth, 2017 to 2021: +18.6%
> Total establishments, 2021: 25,485
> Total employees, 2021: 270,285
> Avg. annual pay, 2021: $71,324

The growth of the wireless telecommunications carriers industry can be attributed to the increasing adoption of mobile devices, including smartphones and tablets. As more individuals rely on mobile devices for communication, internet access, and various services, the demand for wireless telecommunications carriers to provide reliable and fast connectivity has surged. The number of businesses in the industry rose 18.6% from 21,482 in 2017 to 25,485 in 2021, far greater than the national business establishment growth of 3.7%.

Additionally, the growth of the wireless telecommunications carriers industry has been supported by significant investments in network infrastructure. Carriers have invested in expanding and upgrading their networks, deploying additional cell towers, and improving coverage to meet the increasing demand for wireless connectivity.

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27. Farm Product Warehousing and Storage
> Establishment growth, 2017 to 2021: +19.1%
> Total establishments, 2021: 680
> Total employees, 2021: 8,174
> Avg. annual pay, 2021: $54,848

The growth of the farm product warehousing and storage industry can be attributed to the increased agricultural production. As agricultural activities have expanded to meet the rising global demand for food, there has been a need for adequate storage facilities to handle and preserve farm products. The number of businesses in the industry rose 19.1% from 571 in 2017 to 680 in 2021.

Also, the growth of the farm product warehousing and storage industry has been supported by the expansion of storage capacity. Storage facilities have been constructed or upgraded to meet the increasing demand for storage services. Investments in infrastructure and technology have enabled the industry to provide efficient and modern storage solutions.

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26. Administrative Management and General Management Consulting Services
> Establishment growth, 2017 to 2021: +20.0%
> Total establishments, 2021: 94,116
> Total employees, 2021: 706,811
> Avg. annual pay, 2021: $119,290

The growth of the administrative management and general management consulting services industry can be attributed to the increasing complexity of business operations. As businesses face ever-changing market dynamics, technological advancements, and regulatory complexities, there has been a growing demand for expert advice and consulting services to navigate these challenges and optimize their operations. The number of businesses in the industry rose 20.0% from 78,449 in 2017 to 94,116 in 2021, among the fastest expansions of any industry.

Another factor behind growth in the industry may be the growth in consulting experts. Consulting firms and professionals bring a wealth of industry-specific knowledge, management experience, and best practices to assist businesses in solving complex problems, improving operational efficiency, and driving strategic initiatives.