Guess What are the 15 Most Profitable Small Business Options???
Flowers Business Options
1. Accounting, Tax Preparation, Bookkeeping and Payroll Services:
Accounting is the most profitable industries in the USA. Making this the number one most profitable business options. Accounting, tax preparation, bookkeeping and payroll services firms generated an average net profit margin of 19.6 percent. Firms providing accounting, tax preparation, bookkeeping and payroll services have been on top of the list for the last several years.
2. Management of Companies and Enterprises:
These are the billionaires like Warren Buffett and Mark Cuban that use their wealth to buy profitable companies. They are making 15.5% profit for every dollar they invest. Making this the second best business options in the U.S.
3. Offices of Real Estate Agents and Brokers:
All you really need to get started it this highly profitable career is a brokerage or agents license. As we have seen in the pass, the real-estate market is largely dependent on the health of the economy. This industries profits are averaging 15.19%. Putting Real estate at the number three best profitable business options.
4. Automotive Equipment Rental and Leasing:
People are now leasing and renting more cars using on demand services such as Zipcar along with more traditional rental services such as Hertz. The Automotive rental/leasing industry is pocketing a cool 14.55% on the dollar.
5. Legal Services:
If you have ever found yourself bumping heads with johnny law than you know, hiring a lawyer is not cheap. Many of their clients are repeat customers. With a profit of 14.48%.
6. Offices of Dentists:
While start up costs can be expensive the profession has an advantage of handling several patients at a time. Also many customers pay out of pocket. Dentists profits are at 14.41%.
7. Electric Power Generation, Transmission and Distribution:
This category of privately held electric power companies includes not just your traditional fossil fuel electric powers, but also hydroelectric, nuclear, solar, wind, geothermal and more. This industry is profiting at 14.02%.
8. Real Estate Rentals:
Renting both residential and nonresidential properties is a profitable gig once you recover the initial costs of purchase. We also suggest that you screen your renters well to minimize future repairs. The Real Estate Rental industry is pulling in 14.01% profits.
9. Offices of Health Practitioners:
This category is for Optometrists, Chiropractors, Mental Health Practitioners, Podiatrists, and all other types of physicians. Open your own private practice office and start enjoying a profit rate of 13.30%.
10. Physicians Offices:
Doctors benefit from regular clients and relatively low overhead costs. However, being a doctor requires years of training, certification and likely, medical school debt. Physicians are grabbing a 13.01% profit.
11. Commercial, Industrial Machinery, and Equipment Rental:
Big rental companies are making a pretty penny renting equipment to businesses. The equipment rentals are bring them a profit of 12.58%.
12. Religious Organizations:
Well 2016 was a good year for religious groups. These non-profits spend their profits on missions and back into the church. All together religious organizations brought in a 12.41% profit (untaxed might we add).
13. Management, Scientific and Technical Consulting Services:
Some businesses that fall under this category are businesses that provide management or consulting on a range of expertise. Learning is never a bad investment. This industries profit rate is at 12.05%.
14. Specialized Design Services:
The value of a product or businesses function has become inextricably linked to appearance and design. Making small business that specialize in interior, industrial, and graphic design flourish at profits of 11.4%.
15. Office Administrative Services:
They provide the day to day administrative services, such as record keeping, financial planning, and billing. Administrative service businesses are the backbone of business operations across a variety of industries. And they are bring in a 11.3% profit.