Because accessories are an inexpensive way to expand your existing wardrobe, buyers tend to make smaller, more frequent purchases to refresh their wardrobes, especially in a tight economy. Clothing accessories stores made the list in an Inc. website article on best industries to start in 2011. Analysts predict a 3.4 percent annual increase in employment for handbags, luggage and clothing accessories stores between 2011 and 2016. In addition, the website notes there will be a 9 percent year-over-year rate of growth, which means a 9 percent increase in revenue or annual income from the last year to the next. However, before jumping into a business, it's important to do your homework to improve your chances of a healthy and sustainable company.