Today, almost every person in our country strives to change their quality of life for the better, and one of the common options for achieving this is to open their own business. However, the question immediately arises about what kind of business is profitable to do. In what areas of activity can you succeed today?
Preparatory procedures
However, before we begin to consider the question of what kind of business is profitable to start, it should be emphasized that a novice entrepreneur must initially analyze the degree of prospects of his project.
What does this mean? First, he must study the market in detail to determine which services are in high demand today. Secondly, you need to assess your financial capabilities to organize your own business and calculate all the costs.
And thirdly, you should determine the approximate payback period of the enterprise and the amount of income that it can potentially bring.
Types of business activities
Again, the question of what kind of business is profitable to engage in is inappropriate to consider separately from the question: “What types of entrepreneurial activities are there in general?”
It's no secret that there are small, medium and large businesses.
Small business
This type of business activity is quite sensitive to changes in the economy and is able to quickly adapt to its new conditions. Beginner businessmen should start in this segment. Why? Yes, because it does not require huge investments and, with proper planning, has a fairly quick payback and brings in stable money.
Medium business
This type of business is characterized by a high degree of stability and profit. On average, you can get from 10 to 50 million dollars per year.
However, capital investments to organize a business in this segment require more significant investments than in small businesses. Often you have to attract private investors or take out a loan from a bank.
Big business
This type of entrepreneurship includes enterprises that were formed during the Soviet era and were subsequently privatized. In modern conditions, opening a plant in the large business category is a rather complex and costly procedure. Here it is necessary not only to attract private investment, but also to seek help from the state.
Manufacturing sector
However, let's return to the question of what kind of business is profitable to start? Of course, many strive to achieve success in the field of production. This is explained by the fact that such a business brings enormous profits - with a competent approach, of course. At the same time, this area of entrepreneurship has its own specifics, without knowledge of which significant success in this field cannot be achieved.
Don’t know what kind of business is profitable to run now? Consider the manufacturing sector, for example, the production of food products or the manufacture of souvenirs, or the production of paving slabs.
In any case, the answer to the question of what kind of business is profitable to engage in now depends on factors such as the degree of competition, the level of demand and the characteristics of the region. In particular, if in your area every third person is engaged in the manufacture of plastic windows, then you are unlikely to count on a large profit margin.
Services sector
When organizing a business to provide services to the public, it is very important to calculate in advance their cost, the amount of time spent, determine the market price of one hour, and then fix on paper the cost of the service. If the amount of potential income is attractive to you, then the game is worth the candle.
Are you wondering: “What kind of small business is profitable to run?” Today, as before, the services of an accountant, lawyer, and realtor are in high demand.
Again, it should be emphasized that the amount of profit will depend on the region where your company is located and the quality of the services provided.
Trade
In this area, as they say, there is room to expand. Experts are confident that rare goods are not marked up by less than 100%, and this is just the beginning.
Ink
Maximum markups are currently recorded for printer ink. If you are puzzling over what kind of business is profitable to start from scratch, then refilling office equipment with ink and selling it is one of the best answers to it. Today everyone uses printers, and a lot of ink is required.
Water
The second position in the ranking of the most valuable goods is water. Everyone wants to drink clean, free water, and for this they are ready to buy it in a store, paying money for it. Manufacturers get it for next to nothing. The entire cost is a plastic bottle.
If you don’t know what kind of business is profitable to do in Moscow, then you should not ignore this type of entrepreneurship. At a wholesale base, a liter of “purified” water will cost you 10 rubles, and at retail you can sell it for 50 rubles.
Bijouterie
Selling costume jewelry is considered a fairly profitable business, where the markup reaches 400%. In addition, such a product is always in demand: both in summer and winter there is always a buyer for it.
Well, and, of course, significant income comes from the sale of alcoholic beverages.
It is noteworthy that a bottle of wine in a restaurant sells for twice as much as in a retail chain, and four times as much as in a wholesale chain.
Cosmetics
When buying, for example, lipstick at retail, as a rule, a woman overpays 100% of its wholesale cost. And if stores announce a big discount, it just means that they are always selling mascaras and contour pencils at inflated prices.
Of course, this is not a complete list of what you can make good capital on.
What is profitable to do in the summer?
Naturally, the profit margin is also affected by the seasonal factor. In particular, summer is the time for vacations and during this period people always spend more than usual: no one wants to deny themselves anything while relaxing on the Black Sea coast or while, for example, undergoing sanatorium treatment in the Caucasian Mineral Waters.
In this regard, many are interested in the question of what kind of business is profitable to do in a small town. Let's consider several of the most promising areas.
You can follow the standard path and open a summer cafe. Vacationers always enjoy having breakfast, lunch or dinner in the fresh air. It is better if your catering establishment is located near beaches, squares, and parks.
Selling kvass or lemonade by the glass is also considered a profitable business in hot weather. The payback of such a business is quite fast, and it does not require serious investments. The main thing is to choose a crowded place for sale.
You can also open a shooting range. This kind of fun is also in high demand, so you won’t end up at a loss.
The idea of offering sun loungers for rent should not be ignored, since in provincial cities there are often not enough of them.
The list of promising business ideas goes on and on. Remember what is always offered to vacationers in Sochi or, for example, Antalya.
The main thing you must remember is that significant profits can only be made in an area of activity where there is high demand!
Many people constantly need a product that tends to run out. No, the buyers themselves, of course, dream of extending the life of their purchase as long as possible.
But a perpetual motion machine has not yet been created, so when you run out of medicine/shampoo/product, etc., you have to buy a new one. And a budding entrepreneur should take advantage of this. Therefore, let’s look at some of the best options that best meet the requirement mentioned above.
People in Russia, no matter how bitter the truth may sound, have been sick, are sick and will continue to be sick. There is no other pill for all ailments, which is why there is such a rich assortment on pharmacy shelves. You can’t build happiness on someone else’s grief, but a pharmacy is a very profitable business with investments, and such a business is worth taking a closer look at.
You just need to take into account the location and basic needs of the population in the area.
For example, the demand will be huge in those places where the nearest medicine store is several kilometers away. And we ourselves know that sometimes a tablet of the same painkiller is needed immediately.
Accordingly, if a given area is predominantly inhabited by families with children, the proposal should be consistent with their requests. This includes baby formula, various bottles, and pacifiers with diapers. Keep in mind that the activities of pharmacies are subject to licensing, and the license is issued for a specific premises. And this is a business that is not afraid of a crisis.
Pharmacies have a big advantage - scalability. Having opened 1 small one today, in the future it will not be difficult to open 1,2,3 more in your city or a couple in the neighboring one.
You can open a pharmacy either on your own or, with the second option, the income will be less, but its implementation is much simpler, since the franchisor gives everything you need and teaches you the intricacies and nuances of the business.
2. Medical center
In order not to stray too far from the topic of medications, the second option is to consider opening a medical center. Difficult? Yes, this is not the easiest business idea to implement.
But remember government institutions: most visitors equate them to one of the branches of hell. Why not show those in need of medical care a new format of service? There are no queues, all doctors are extremely correct and professional.
Naturally, the key to success will be choosing a suitable location. Third in a row on the same street honey. the center will clearly be superfluous. But it’s not worth opening it even on the outskirts of the city. You will have to think about a convenient place in advance.
In particular, attention should be paid to transport and walking distance.
3. Funeral services
Even the best medical center does not guarantee immortality. And in the near future, until scientists find the secret of eternal youth, ritual services will be in demand.
The niche is very well developed and filled, but high quality and low prices will set your small business project apart from competitors. This is a promising business, as there are more and more people, and accordingly more people die. Death is usually not expected by anyone, so the funeral process itself can hit the budget.
Offer your customers installment plans, discounts, and then the profit will become constant and stable.
4. Car service
Moving away from the sad topic, let's remember about car owners. Many of them simply dote on their vehicles, choosing the best for their four-wheeled friend. It’s worth taking advantage of this and opening a car service center. You should attract customers not only with reasonable prices, but also with good quality and speed of work. A simple business worth starting for a beginner. To start, you need to rent 2 boxes and hire 2 car mechanics.
Important point: It’s better to pay them a percentage of the revenue, usually it’s 50-50, but you can negotiate 60% for yourself, 40 for the master.
5. Car wash
This point could be attributed to the previous good business, which can be opened in both a small and a large city, but we will consider it separately. Not everyone who wants to fix a car wants to wash it. And vice versa. It is worth noting that a car wash requires much less investment.
Therefore, if your starting capital does not allow you to immediately create something large-scale, but you definitely want to work with cars, take a closer look at the option.
It's consistently profitable small business with minimal investment. You can start it with only 200,000 - 300,000 rubles ($4,000), provided you rent a garage or box for this business.
6. Clothing store
All stores have one purpose: to sell goods. But in our case, we will consider several points of sale of different directions. So, what clothes are popular these days? One that has good quality and low price. By the way, you can open a clothing store with minimal expenses.
For example, it could be a store, stall, pavilion with only men's underwear.
It is desirable that the assortment be presented in both small and large sizes. Also, do not forget about creating several departments at once: for women, men, children. This is a good own business, where the markup on the wholesale price is usually about 300%. Organizing this business is not difficult and no special knowledge is needed.
7. Cosmetics and perfumery store
Cosmetics and perfumes for the fair sex are always a “sweet spot”. To succeed, you should care not only about quality, but also about different price ranges.
8. Grocery store
Yes, yes, we are once again considering the store as a business option. And the grocery point most fully corresponds to what was said at the very beginning: disposable goods are becoming more and more popular.
Choose the good, a suitable location (this is important), open a store, fill the shelves with affordable and excellent quality goods and you can expect a quick payback.
9. Meat and fish store
As in the case of a car wash/car service, we open a meat and fish store separately from the grocery store. Why? Because this way we can offer our customers the richest choice. The entire retail space is dedicated specifically to our meat and fish products. This will allow us to attract buyers and keep quality at the proper level. This is one that can be opened from scratch.
10. Homemade Food Store (Natural Products)
About 5 years ago there was not one in my city. Now there are already 6 of them. I live in a small town with a population of only 18,000 people. And none of them closed. My friends opened 1 such store 3 years ago. They are doing well and have no plans to close. Products they sell include homemade sour cream, milk, meat, cottage cheese, dumplings, cheese, etc. There is no point in listing the entire assortment, but I will say that it is impressive and the prices are quite high. And even with this picture, there are always clients.
For example. Sour cream for half a kilo costs 250 rubles; regular sour cream in the store is 4 times cheaper. But people buy and are happy.
Another similar store has a large assortment of homemade baked goods: eclairs, various cakes, including Napoleon, a huge number of different dishes and salads, already prepared. There is a demand, people buy because many are too lazy to cook after work.
It is difficult to single out the most profitable business from the above. After all, a lot depends, including on the scale. For example, undoubtedly a meat and fish store of 30 square meters will generate more profit than a pharmacy kiosk of 8 square meters. m. But we’ll try anyway. Based on our experience, the most profitable business today among those listed is pharmacy, medical. center, grocery and clothing store.
The most important choosing the right place, 90% of success for this type of business depends on it.
Before starting your business activity, be sure to draw up a detailed business plan in which you describe everything down to the smallest detail (consider all issues thoroughly). We hope we have answered the question - what kind of business is profitable to do. Good luck to you, dear reader and aspiring businessman!
What business to start and where to start? What business should I start? We suggest you sort everything out in order! Almost everyone wants to live well, earn decent money and become an entrepreneur. Are you increasingly wondering what kind of business you can start?
Considering the crisis and the unstable economic situation, the question “what business is profitable to run in 2015?” is extremely popular. We will reveal the answers to these questions gradually, starting from choosing a business area and ending with recommendations for specific areas. The material will be useful to both beginners and experienced entrepreneurs who are looking for new niches to start. So, let's go!
How to choose a new business area?
Finding the most profitable business today and its area is of interest to both novice and experienced entrepreneurs. You always want to find more attractive and profitable niches. Is not it? Many people believe that you need to do something for which you have the intelligence and strength. After all, today there are both rich apple sellers and poor gold sellers. And this opinion is largely true. Nevertheless, don’t be afraid of new areas, search, dare, try!
And now we give the instruction: you have a strong desire to succeed, you will succeed! The main thing is not to give up and persevere towards your goal! Take action right now!
We got distracted... Now to the point!
So which business is better to start? Today it’s no secret to anyone that a startup that sells goods or provides services that are in an affordable price category has a very high chance of making it big.
Examples of spheres:
- niche online stores and IT projects;
- catering establishments and food delivery services;
- car washes, car services, spare parts, tire shops;
- grocery and hardware stores;
- everything that is suitable for the general population.
As an option, the answer to the question “what kind of small business is profitable to run?” can be based on the daily needs of a person. First of all, we are talking about food, as mentioned above, or cafes.
If you are deciding what business to start during a crisis, then this area of activity is more promising than, for example, a hairdresser. After all, men, on average, go to the hairdresser approximately 8-10 times a year, and come for groceries regularly - almost every day. And regardless of whether there is a crisis in the country’s economy or not, there will always be food.
How to find a walk-through place for business?
Options: near the metro, on a busy avenue near a transport interchange. Traditionally, such places have high traffic. You can try to guess, but we still strongly recommend that you approach the question carefully and analyze everything. Choosing a location without analysis is like playing a battleship.
- Select several passage points (3-5-10)
- Don’t be lazy to come to each of them early in the morning!
- Leave the car with the dash cam for a day
- Then analyze from the video how many people passed by
- Choose the best of the points and good luck to you!
If you approach the choice of location carefully and analyze everything, the chances of success and profitability of the business increase significantly. This is no longer a guessing game. You already have the numbers in your hands. You already know exactly the traffic volume per day/week/month. Having selected 10 places, choose the one with the maximum number of people.
What is the coolest business niche?
When thinking about what business is best for a beginner to start, first find the answer to the question: what field are you a pro in? This will reduce the search circle. Start with what your soul is about, what you love and in what area you are an expert!
If you are a pro in the field of website development, then of course it will be much easier to start a business in this area or launch your own online store or commercial website.
Printed books, for example, are a declining market (-15% per year). No one is stopping a successful entrepreneur from switching from selling printed books to selling electronic content. Moreover, the digital content market is experiencing very rapid growth in the Russian Federation.
After choosing a niche, immediately place ads on boards, launch a direct message, look on the Internet for places where there is demand for this topic. The main thing is to do everything quickly. You will immediately focus on one area that is the most interesting and brings in the most money. Therefore, the question of what kind of business is profitable to do now will be clearly illustrated.
What other theme options are there?
The answer to the question “what kind of small business can a beginner start” also includes topics with auto repair shops, tire shops and car washes, because today many families have cars, and since they break down sooner or later, there is an inevitable need for repairs.
You don't need a big budget to start. Removable garage and minimal equipment. Many started from a garage/apartment/basement. We also started our businesses from an apartment and a basement.
In addition, in economically unstable times, people change cars less often and buy used cars more often, which break down more often. The business of selling spare parts is also relevant at any time, even especially during a crisis.
The ultimate goal is to launch a group of small companies that will comprehensively serve the needs of customers. For example: combine a car wash, tire service, workshop and sale of auto parts + supply vending machines with coffee and small snacks. In the future, a cafe next to your complex will brighten up the leisure time of waiting clients. No one is stopping you from teaming up with partners. Think about the topics of company groups, write in the comments, let's discuss!
Do you still want to start a business? Made up his mind? First, we recommend that you analyze the state of the market, estimate the possible profit, the amount of investment, and assume what difficulties you may encounter when developing in your chosen niche.
Just don't worry about it for too long. Too much preparation will kill all motivation.
To find out what services are profitable to engage in, analyze the service industry in your region and find out where the least competition is combined with stable demand.
When choosing a field of business, it is important that it is interesting, then it will bring pleasure, and you will devote 200% to it.
Let's discuss several areas for developing your own business.
Options: trade, services, production, intermediation, startups. There is also science, Internet projects and other more complex business models, but let’s start with the simple ones for now. If you are interested in discussing more complex areas, write in the comments, we will discuss).
Since, in general, everything is clear with trade and services (if not, let me know, we’ll tell you), we’ll focus on production.
What kind of production is profitable to engage in?
It’s worth noting right away that manufacturing is a promising area. Previously, production was considered a labor-intensive and complex process, but today, to start producing products, you do not need huge capital investments. Therefore, it remains to decide what type of business is profitable to engage in specifically in this area.
In addition, it is worth noting that thanks to the development of modern technologies, production equipment has become very affordable. You can start by ordering simple machines from China or renting equipment.
There are many production areas in Russia. At the start, while there are few orders, you can negotiate with one of the factories to rent space. It is often possible to negotiate the rental of an entire production line. It all depends on you!
Remember that you can always agree on everything! All in your hands!
The profitable business of many entrepreneurs once began with a mini-factory located in the basement. But this in no way exempts us from the need to analyze the profitability of this idea.
The results may vary. For example, in the manufacturing sector, one of the most profitable areas is the production of concrete products. To start developing this business, you need to study the legal side of the business and understand how many workers are required.
The main concerns in production: uninterrupted supply of the plant with raw materials and active sales of finished products. And of course, the key to success for any type of business, including manufacturing, is successful sales. Therefore, special attention should be paid to product sales channels and the selection of sales managers.
Business from scratch? Buy a ready-made business or a franchise?
Decide for yourself which option suits you best: develop a business from scratch or buy a ready-made one? There are disadvantages and advantages in both options: there will be significantly less worries and various red tape when buying a ready-made one, but at the same time it will cost more and there are risks.
Options for purchasing a ready-made business also include a franchise. Here you buy a ready-made, established business mechanism with prescribed business processes. The chance of such a business to fail is minimal! For aspiring entrepreneurs. Here you almost always need start-up capital, but the likelihood of success increases significantly.
Is it worth opening a seasonal business?
When thinking about what kind of profitable business you can start, you should not ignore the seasonal one. If you choose the right niche, it will be a very profitable area. It is known that the same grocery stores have both year-round and seasonal products. In general, whether a business is seasonal or not is not so important. The main thing is to have a strong desire and commercial skill.
And many people have plenty of ideas - if only they had the desire and the initial capital. For example, in the summer you can open a summer café-tent, selling light snacks and alcoholic drinks. And the main delicacy can be a delicious kebab.
Growing greens is a very popular and profitable business. Many housewives simply cannot imagine a delicious dinner without dill and aromatic parsley, and out of season it is quite expensive.
There is just a little time left until the moment when we will be delighted by the hot sun and warm breeze, when we can forget about heavy down jackets and fur coats. Therefore, it’s time to start thinking about what kind of small business a beginner can start in the summer.
Well drilling is a seasonal business, but extremely profitable. There is very good demand for this service on the Internet, and the competition is relatively small. When we created and launched a drilling website, we managed to promote it quite quickly. By switching cars to gas, we managed to reduce gasoline costs by 2 times.
Online store - modern business or utopia?
There is nothing difficult about launching an online store. It's easier than it seems at first glance. So, let's figure it all out together!
The plan for launching an online store is as follows:
- identify and explore 2-3 niches;
- study competitors, their strengths and weaknesses;
- talk to potential suppliers;
- order development or rent an online store;
- launch a direct message to receive your first orders;
- Further optimization and promotion of the online store will be required.
It is important to do everything quickly so as not to burn out. No need to make a second ozone or connection! It is long, expensive and unprofitable. (Ozone was unprofitable for 10 years). Competition on the Internet is growing every day. Therefore, it is important to carve out a niche. There is no need to cram as many products as possible into the site. A niche site is easier to promote.
For example, a website for HTC smartphones is much easier to promote, unlike an online store that sells everything. If you decide to sell robotic vacuum cleaners, smartphones and multicookers, make 3 separate websites. Your chances increase significantly. Yandex and Google will “love” your sites faster.
It’s a similar story when promoting a website through contextual advertising (Yandex Direct and Google AdWords). General requests (“smartphone”, “multi-cooker”) will quickly drain your budget and not produce any benefit.
It is important to start with the most targeted phrases, for example: “buy a Redmond multicooker”, “htc one price”.
What business is better not to engage in?
In addition to a profitable investment, there is always a risk of losing money and business by choosing the wrong field of entrepreneurship. For example, business owners of expensive, luxury goods are at great risk, since these items can become unprofitable. In addition, such a business requires large investments, which beginner businessmen often do not have at their disposal.
Businesses based on the sale of expensive clothing, shoes, the production of luxury building materials or expensive furniture often become unprofitable and risky. Therefore, when starting a business related to luxury goods, keep in mind that the risks will be higher. Of course, the chances of making good money here are very high!
We hope our article helped you with choosing “what small business to start.”
Add the site to bookmarks, leave comments - we’ll be happy to chat. We wish you success! You will succeed! Good luck in business!
Any private entrepreneur faces the question: how to make his first money? Which business will bring profit rather than losses? You have a million options: you can seize several factories, oil rigs, or become an official. But let's look at the question realistically. What is the most profitable business in Russia? In this article we will try to briefly and concisely outline the most cost-effective options for beginning businessmen that can bring real income. Let's look at what type of earnings is the most realistic!
Turn your hobby into a profitable business!
Numerous researchers have proven more than once that 100% of all rich people achieved success because they did what they loved, devoting themselves entirely to it. This applies to all areas of business - restaurants, clothing (boutiques, shops), large factories and factories. We can conclude that the most profitable types of business are different for everyone, it all depends on your hobby. There are hundreds of types of entrepreneurship, but the easiest way to make money is through your hobbies.
Here are some example ideas:
- Are you a sports fan? Why not create your own club or section. This option is suitable for all athletes – past and present. You can gather groups of different ages. Have you noticed that children's sections are popular now? Russian parents try to instill only good things in their children, to introduce them to sports: football, basketball, karate, even dancing.
- Do you sit at the computer for hours? Why haven’t they started getting paid for it yet? Internet entrepreneurs are beginning to actively capture the Russian market, so they urgently need to connect while not all niches are occupied.
Here are some ideas:
- Promotion of a group on a social network (then you can earn money from advertising and promotion of other communities, stores, organizations);
- Chain store (trade everything you like - souvenirs, clothes, products);
- Information services, education (Do you know how to raise raccoons? Teach others! There will always be clients!).
- People love unique and exotic things! Do you know how to weave toys, embroider pictures, make a Brazilian bermbau in a couple of days, or carve a Ganesh figurine? There will be more than enough clients:
- Write, embroider pictures;
- Caskets;
- Pendants and any other handmade jewelry;
- Clay products.
- Do you have a “DSLR” (DSLR camera) and can you take beautiful and professional photographs? It is quite possible to become a photographer. You can work in the studio, travel to weddings, concerts, festivals. Romance, not life. You might think about opening your own studio, where you don’t have to work for your “uncle”, but take photographs for your own pleasure!
Business with minimal investment
Many aspiring entrepreneurs face the same problem - no money! That is, there is not even the minimum starting capital to start your own business. One needs $2,000 to start, the other needs 500,000 rubles! But it’s impossible to find that kind of money quickly, even if the bank agrees to the loan! So what business brings good income with minimal investment?
- Earning money from weddings. You will have several good options:
- You open your own wedding agency and start preparing the wedding yourself - searching for a toastmaster, photographer, ordering a hall, restaurant, ceremony, cars, decorations, etc.;
- Do you have a camera? Go take photos at a wedding!
- Are you good at design and art? Start decorating your wedding halls.
- Establish your own production. The business is very profitable, but requires good investments. But not always! Start producing your product at home if you want to make a quick income. Have you heard about American families who organized mega-profitable businesses producing sauces, marmalades, cakes, and cookies? They even grow all the ingredients themselves in greenhouses and seal the ketchup jars with their own hands.
- We make money on cars. You will need: a car, a desire to earn money and the ability to organize, or knowledge and experience in repairs. If you have your own car, this is the business for you. Here are ideas for truly profitable earnings:
- Car service repair, installation;
- Cars for rent;
- Start selling spare parts:
- Have you seen the movie "Diner on Wheels"? Why not an idea? Pay for yourself quickly! You can even just drive around with a coffee machine!
Now consider which business is the most profitable for providing services and selling goods in Russia.
But what do you think is the most profitable type of business in our country? Right! Which provides people with something important and necessary. And now we are not talking about factories, plants and ships of the oligarchs. Let's look at the statistics of recent years: what else?
What do we see everywhere in cities? Vending machines! They are on any street. They appeared relatively recently - that’s the beauty of it. Machines that will prepare you a cup of cappuccino are no longer so popular, but in this niche there are more interesting options that attract the attention of potential customers.
Which?
Here's an example: buy massage chairs and install them in large shopping centers, on crowded streets! Install a classic bill acceptor in such a chair and maintenance costs will be minimal.
Earning money from growing plants and animals
There is no need to talk about the profitability and relevance of such a business - vegetables, meat and milk and fruits have always been and will be in demand, even in times of crisis.
There are many examples: grow seedlings, flowers, strawberries, raspberries, cucumbers, tomatoes, peppers, onions, potatoes, raise animals and birds for meat and eggs (pigs, cows, chickens, pheasants, turkeys and geese).
Your task is to decide on your niche and take it on time! You can make money on any idea! All that is required of you is efficiency, faith in your strength and actions!
In most developed countries of the world, small and medium-sized businesses form the basis of the economy. And it’s not surprising, because with minimal costs, a private entrepreneur can make significant profits. But, of course, success largely depends on the area in which you want (and can) work - services, manufacturing, transport, trade, etc.
So who earns the most? Forbes magazine tried to answer this question by compiling a list of the most profitable and promising small business segments. The rating is based on data on 300 thousand companies and individual entrepreneurs, each area was represented by at least 100 companies. The data was collected by a specialized consulting agency from 2003 to 2011.
As the authors of the rating note, most of the most profitable types of entrepreneurship require excellent professional training. At the same time, these specialties allow you to work for yourself, not have a staff, and sometimes not even use an office. But there is another side to the coin: clients of such specialists, as a rule, resort to the services of the same professional for many years, that is, it is very difficult for a beginner to quickly take a worthy position in the market.
So, who made it to the business top?
1. Private auditors. Net profit - 16.5%. Audit services are in demand at any time, so the financial crisis did not in any way affect the income of these specialists. In addition, clients tend to regularly work with the same auditor (or firm), so promotional costs are virtually unnecessary. And, of course, if you work for yourself, the need to rent an office and pay staff completely disappears.
2. Chiropractors, 15.3%. Official medicine does not always recognize the craft of these specialists, but this does not prevent them from receiving a decent income. And those who do not maintain their own office and work on-site at the client’s home, also have almost no costs.
3. Specialized clinics, 15%. The most popular are minor surgeries, cosmetic procedures and various examinations. Despite the high cost of maintaining such an establishment, the prices for services more than cover all costs.
4. Accounting services, 14.9%. Just like auditors, accountants are always needed by everyone. Any services of these specialists are quite expensive, however, competition in this area is consistently high.
5. Private dentists, 14.7%. These doctors almost never suffer from a lack of clients. Many patients become regulars and go to the same dentist for decades; plus, they recommend the specialist they like to friends, relatives, colleagues, and so on. Even without a single advertising line and having quite expensive equipment, a dental office is a profitable enterprise.
6. Tax calculations, 14.7%. Nobody likes filling out declarations and standing in line at the tax office. Private tax officials make money from human laziness.
7. Orthodontist, 14.4%. In Russia, these specialists usually do not work outside the walls of any clinics, but in America, a private orthodontist is a fairly common occurrence. And the services of such doctors are traditionally expensive: if a client wants a Hollywood smile, he must be willing to pay the appropriate price for it.
8. Law firms, 13.4%. The approximate income of all law firms and small businesses is at this same level.
9. Small lending, 13.3%. Companies that issue small loans secured by the company's products have become popular during the crisis. Large banks unanimously refused loans to entrepreneurs and demanded that previously issued loans be repaid ahead of schedule, and these firms were ready to issue funds without special requirements and for the required period. For small businesses, this became a real lifesaver, as profits in production and trade also began to fall rapidly.
10. Private managers, 12.2%. The financial management service is not very popular in our country, but in the West people trust traders much more than banks or their own “mattress”. Even pensioners invest their savings in securities, so managers have a lot of clients, but there are almost no expenses: such a specialist can work even from his own sofa.
11. Drilling of oil and gas wells, 12%.
12. Ophthalmologists, specialists in the selection of glasses, 11.5%.
13. Renting of non-residential premises, 11.3%.
14. Real estate valuation, 11.3%.
15. Renting mini-warehouses and storage rooms, 11%.
16. Insurance agencies, 11%.
17. Credit intermediaries, 10.7%.
18. Investment advisors, 10.7%.
19. Speech therapists and audiologists, 10.6%.
20. Private therapists, 10.4%.