Final answer:
Three trends that generate small business opportunities are technology advancements, globalization, and the rise of entrepreneurship.
Step-by-step explanation:
Entrepreneurs are always keep themselves up to date with the latest social responsibility trends.
Three trends that have been noticed in recent years are technology advancements, globalization, and the rise of entrepreneurship.
These trends present small business opportunities in various ways:
- Technology advancements: The increasing reliance on technology provides opportunities for small businesses in areas such as e-commerce, app development, cybersecurity, and digital marketing.
- Globalization: The ability to connect and trade globally opens up opportunities for businesses involved in international trade, import/export, global logistics, translation services, and cultural consulting.
- Entrepreneurship: The gig economy and side hustles have gained popularity, creating opportunities for small businesses in niche markets, freelancing, consulting, event planning, and online content creation.