Industry Analysis & Industry Trends
Demand from the public and private sectors will bolster industry revenue over the next five years. Specifically, companies are looking to improve their reputation and reduce their carbon footprint, strengthening demand for industry services. To capitalize on this trend, a number of nonemploying operators will likely enter the industry, while larger ones will experience more merger and acquisition activity... purchase to read more
Industry Report - Starting a New Business Chapter
The only significant barrier to entry into the industry is obtaining skilled employees with the knowledge required to consult on a variety of environmental issues. Environmental consulting firms require the expert knowledge of people who understand broader environmental legal issues. In addition, employees must also possess some background in science or engineering to effectively come up with a solution to a problem.
Another key barrier to entry is the ability to develop a strong client base that can provide repeat business. New entrants often struggle to develop a strong client base during their initial startup, and as a result, it is difficult for a newly established company to survive... purchase to read more