The-Most-Profitable-Small-Businesses-2019

The Most Profitable Small Businesses

Cleaning Services

All you need to start your own cleaning business is a vacuum, polish floor cleaner and, preferably, a car. With comparatively low overhead, little in the way of training required and a service which is always in demand, cleaning can be a rewarding business to get into.

So why isn’t everyone doing this? Well, if you’re looking for a more creative way to make a living, cleaning might not be for you.

Online Tutoring

You might be a math genius, a native Spanish speaker or a nifty guitar player. Whatever your talent, offering tutoring online can be a great way to earn an income with exceptionally low expenses.

The only downside to online tutoring… You need to have a skill others will want to learn!

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Real Estate Brokering

The profits associated with real estate remain high and if you want to enter this industry one of the most cost-effective ways to do so is to set up a real estate brokering firm.

Real estate brokers act as an intermediary between sellers and buyers and all you need to get started is a brokerage license. That said, finding your own clients can be challenging, given the number of real estate brokers there are.

Logo Design

Got an eye for a great logo? If so, you might be on your way to starting a business where you can charge a tidy sum while not having to fork out on expensive overhead. Though be warned, logo design is a competitive industry, and you’ll have to come up with some unique and inspiring logos to remain at the top of your trade.

Catering Services

You don’t need expensive premises to run your own catering business and could even operate your service from home, keeping overhead to a minimum. People and businesses are willing to pay for quality caterers, making this business profitable for those who work hard and have determination to succeed.

Website Design

Websites have become the ‘windows of every successful business’, hence quality and creative website designers remain in high demand. Again, low expenses and high rates make web design a lucrative business to run, providing you have the creative and technical know-how that is!

Small businesses take many shapes and sizes. these are among the industries and areas of business with  the percentage of profit left after eliminating expenses related to providing goods and services. While not a perfect indicator of profitability, these industries offer great potential for those seeking a stable, secure sector in which to launch a fledgling enterprise.

Accounting Services

As one of the core business functions supporting nearly every kind of individual and corporation, accounting services are highly in demand – and clients are willing to pay. With services that encompass business outsourcing, personal financial planning, bookkeeping, and tax preparation, this dynamic field offers significant potential. There are next to no overhead start-up costs for professionals outside of office space, software, minimal manpower, and electronics.

The average net profit for accounting services companies comes in at 18.3 percent, offering an environment with lots of chances for gain and plenty of margin for error. A universal need, accounting services remains a consistently positive industry for business growth. However, the barriers to entry in accounting are quite high.

Successful accountants in every service area often have a high level of education, at minimum an undergraduate degree. Those with a more advanced skill set may have a CPA license or an IRS Enrolled Agent certification. While more challenging to obtain, professionals with these kinds of additional qualifications can demand higher rates and will subsequently generate higher revenue.

5. Copywriting

Copywriting serves a valuable purpose in the market, connecting talented writers with companies in need of promotional services. In recent years, the demand for quality web copy has accelerated, increasing the need for skilled professionals. Today’s copywriters create advertising and marketing materials: a realm that now includes social media ads, website copy, blog posts, and even email messages.

Copywriting requires no formal education, making this industry fairly easy to adopt, even for those without experience in content creation. There is also no need to invest in a costly commercial space; most copywriters work from home on a freelance basis and pay very little in overhead expenses.

Demand for good writers is high, making acquisition of work fairly straightforward for those seeking clients. However, writing doesn’t necessarily come easy, and only those with a true talent for language will succeed in this niche field.

 Dental Offices

Dental health is an important part of maintaining overall wellness, with preventative appointments recommended twice a year for the average American. While not everyone sticks to this schedule, dental services are needed in every area, serving both adults and children. Further, dental care becomes essential when issues like cavities and gum disease arise, creating even more work for those in the dental profession.

Party Services

There’s no bad time for a party, making the party 

services industry a great opportunity for those seeking stability and profitability. Even in times of economic depression, weddings, birthday parties, and corporate holiday parties continue to play a role in social calendars, providing steady revenue streams. In addition, party services can be flexible and versatile, covering planning, catering, bartending, and serving, among other functions.

Party-focused operations have significant earning potential, boasting minimal overhead, the ability to bill virtually all outside costs, like alcohol, to clients, and comprehensive services. This allows for employment opportunities in a wide range of events. In addition, some services offered by party companies, like serving alcohol or food service, require special licenses and certifications, making this a job most party hosts can’t do alone. In spite of this, labor costs are often low, as bartending, serving, and organizing don’t necessitate formal education.

Give comment that which business is good and easy for you....

-A. K. KHAN