Small businesses that make the most money

Every day, new companies open their doors, provide jobs, and drive local economies, helping to sustain the functions that our nation needs. However, not all small business ideas are made equal, and some are more likely to excel than. Although you think you have a good business idea, your target market may not feel the same way. By definition, a small business is any company that employs fewer than employees or falls beneath an industry-specific annual receipts cap. While this makes for quite a broad pool of organizations, most small businesses are significantly smaller than this, employing no more than a few dozen employees at. In fact, firms with under employees make up the majority of small businesses. As ofthere are approximately Overall, This nets 1.

Most Profitable Small Businesses

Expand your knowledge. Your time is valuable. Cut through the noise and dive deep on a specific topic with one of our curated content hubs. Interested in engaging with the team at G2? Check it out and get in touch! In the small business economy, there are certain businesses that tend to be more financially successful. If you are thinking about starting, investing in, or using a small business, our list of the most profitable small businesses, which is in no particular order, might help you hone in on something worth your while. The number of people who know how to repair things around the house is dwindling. Luckily, you can hire someone else to take care of it for you. What is even luckier, is if you are the handyman yourself. If you know how to fix a broken fuse or repair a leaky faucet, becoming a handyman or woman could help you bring in some extra money. All you need is some equipment and the know how. Online education is a booming small business industry. Whether someone wants to learn a new language or take a class that will help them with their current job, taking online courses is a convenient way to get there. Similar to online education, tutoring services have seen a lot of success in the small business world. A key factor in the profitability of tutoring is that there are countless reasons for people to want to learn more in all stages of life. Children learning to read, teenagers studying for standardized tests, and adults trying to master a new language can all benefit from a tutor. If you already have a background in education and have some time to spare, tutoring might be right for you. Whether someone prefers buying or renting a place to live or run a business, a real estate agent can help them find it. Some people say that being a parent is the most important job in the world… until they have to return to their job that pays the bills.

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Some people venture into entrepreneurship knowing what industry they want to conquer and what type of business they want to start. Each of these business types is growing quickly and can provide you with a good living. Even better, none of them require a lot of capital to start out with. With the right combination of hard work, determination, and resourcefulness, you can start one of these most profitable businesses in With the rise of technology, many of these most profitable businesses fall under the realm of online business ideas —but not all of them. Taking a car to the shop for even simple repairs can be a challenge. After all, most of us use our cars to get from place to place— that means taking a car in for repairs often either involves a long wait at the repair shop, renting a vehicle for the day, or coordinating a ride with a friend or spouse. These options are both expensive and inconvenient. The good news is that while some repair jobs do require the equipment of an auto shop to complete, there are plenty of maintenance and repair services that need just a few simple tools to complete. The food truck movement is slated to keep growing and growing. Food trucks provide a great solution. Keep in mind that bigger, trendier cities like San Francisco, Portland, and Boston already have a pretty saturated food truck market—so this might be a more successful business in a smaller heartland metropolis. Food trucks also tend to have their own special set of ordinances, business licenses , and safety compliance standards, so contact your local health department to find out what will be required. Next on our list of the most profitable businesses: mobile car wash services. It seems safe to say that many people would pay a premium for a mobile car wash that came to them, instead of having to drive across town to access a car wash. This is especially true for people with upscale cars who prefer more personalized service. Not sure how to start your own mobile car wash service? There are a variety of online wholesalers that offer auto detailing startup kits , as well as training for those interested in starting their own business in this niche industry. To say that Americans these days are obsessed with electronics would be a bit of an understatement. People spend most of their waking hours staring at a screen of some sort. This widespread tech addiction means that when something goes wrong, people want help as soon as possible. With this service, you could be the solution for every broken iPhone screen, WiFi card, and laptop battery. Apple stores and other electronics retailers have come under fire recently for long customer wait times , which could work in favor of mobile providers. This being said, although a mobile electronics repair business involves some overhead in the form of purchasing supplies, keeping your business mobile saves you from the high overhead cost of a physical location—making it an even more profitable service business idea. Although two-thirds of Americans think they are tech-savvy, the truth is that they often need to rely on tech support. Some even make their computers or other devices vulnerable to hackers and identity theft. All you need is time, transportation, and your own know-how—so this low-overhead business model is almost pure profit. Throw a few weights, bands, and yoga mats into the trunk of your car, and take your fitness show on the road. Making fitness more available to your clients might just be the ticket to helping both of you achieve your goals. As Americans start to eat healthier and exercise more, fitness and wellness businesses are increasing in popularity and becoming some of the most profitable businesses as well. Although millennials are deferring parenthood for longer than previous generations, they eventually want to have kids—in fact, in , 1.

2. Online education

I also discussed how I got a side business going myself. But that was , and quite a bit has changed since then. Where a side business was once a novel idea, it has since become much more mainstream. Make lists every day of things that you might enjoy, and try to figure out how you could make money doing them. Most of these can be done at home in your spare time, and in your spare space, too. See if there are any ideas below that fit you well. Have a meticulous eye for detail and love to get things gleaming clean? Auto detailing is probably a perfect side business for you. In essence, your job is to make cars sparkle inside and out — and many people are quite happy to pay well for this service. Got lots of evenings free? Like kids? Babysitting may be a great side business for you. Keep an eye on multiple children on Friday and Saturday nights and you can earn some easy cash over time. Have some extra space in your home? If you live near any sort of tourist destination, you can try your hand at renting out a room through Airbnb or CouchSurfing. You may also find paid hosting opportunities in your community: Sign up to host exchange students, visiting professors to a nearby college, or hospital patients receiving long-term treatment. All you need is a computer, some time, and some energy to consistently write. It can start as a hobby and turn into a business over time. Thanks to technology, there are more opportunities than ever to buy and resell products for extra money.

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With so many business ideas init can be hard to figure out which are worth pursuing. You may notice that a lot of the ideas on this list have been growing in popularity recently. While jumping on a new trend can sometimes be risky nost it can also be highly rewarding. Some of the ecommerce business ideas on this list have been popular for a long time making it more competitive but less risky. However, all the niche examples below will help make you money. If you have been asking yourself what business to start, then this list is for you.

The thing about blackheads is that they never go away. You can continue selling products for years to come and even expand mxke other verticals within skin care. First, you need to start with a blog.

This is gonna be a long-term business, so writing about blackhead removal, skin care, and beauty from day one will help you become an authority in your niche down the road. So, it seems like people are interested in knowing where the back pain stems from and how to stop it.

By selling back massagers, you can help minimize the symptoms your customers feel while solving a massive problem. Not everyone can afford to get a professional massage to minimize their symptoms, but back massagers can help alleviate some problems.

To promote your business idea rhe back pain, you need to focus your marketing on the problem you solve. A little trick to find those with back pain issues is to create a blog post about back pain that mentions how to solve it.

Then, on social media platforms like Smzll and Instagram, add hashtags while sharing your article. Install a Google or Facebook pixel on your website just before sharing so you can remarket to those who read your article.

People who find your article and read it will likely be experiencing problems with businessew. Once they visit your website, you can have a retargeting ad kake them. While photo printers may seem like a blast from the past, the nostalgia rhe combined can help bring back print photos. The key to marketing this business will be including two main components: a hint of nostalgia and a highlight of security.

Highlight maake this is a way of keeping your memories on-hand at all times. As time goes on, the world becomes broader. Business ideas around translation will be a huge market to go. Google Translate already gets million monthly searches proving that people need all the help translating they can.

Fortunately, you can sell products like voice bksinesses that can translate several languages on the fly. To promote this opportunity you could focus on job titles. As people become more conscious of the waste they produce in their homes, some are starting to use reusable bags to lower the amount of plastic waste.

Business ideas centered around preserving the environment can help you build a socially conscious brand. Mesh bags can be used to store produce, toys, or other household items. Socially conscious ideas need to showcase the environmental impact a customer can have with a simple change. You can create content about saving marine life or small businesses that make the most money plastic waste. And by showing that your product is the solution to these problems, you can help customers take action with their change.

Business tht like athleisure stun the world by ssmall the game. Athleisure was virtually nonexistent prior to April Holy smokes! Taking your athleisure business to the next level can be done with the help of influencer marketing.

Take a look at mega-brands like Fabletics for inspiration. You can actually tap into micro influencers to help you promote your business. You could focus on Facebook ads, Instagram, and Pinterest to promote your yhe. The streetwear niche has been steadily growing over the xmall. Streetwear is a niche example that can be marketed on popular social platforms like Instagram. Having influencers take custom photos with your busimesses clothing can help you create a professional brand as younger people are starting to lean towards luxury streetwear brands.

You can also run ads on both Facebook and Instagram to find your target audience. A shopper sees a dress they businfsses on Facebook or Instagram, pulls out their credit card and makes a purchase without carefully contemplating the decision. Running ads on Facebook and Instagram will likely be your best bet for attracting the sale.

Also, if you have an audience built up, you can monfy run email campaigns to drive traffic to your website. Workwear is one of those small business ideas that you can take in a number of directions.

Marketing your workwear brand depends on which audience you serve. For example, if you sell suits you might choose to target those who work in finance or law. If you sell professional work apparel, you might choose to target women who work in business, public relations, maek, administration, or within a government role. As you can see, this is a business idea that can be taken into many different directions, depending on which busiesses you focus on.

Last year, we saw more callouts for inclusion and diversity, which is why plus size clothing is one of the top business ideas of More retailers are expanding their store collections to include clothing that fits every body.

Plus size clothing, as a standalone niche, allows you to fine tune your marketing directly to the plus sized audience. It bksinesses allows women to shop on a website without worrying about finding the right size.

You could expand on this idea tue also add plus-sized clothing to your fashion store. Plus size clothing can be marketed in countless ways. You can busknesses body-positive images, inspirational articles, and viral videos about loving yourself no matter. The wireless earphone market is expected to grow by a rate of 7 percent. Wireless headphones currently owns 31 percent of the market sharewhich thta expected to continue seeing growth.

Monney wireless earphones is a startup idea growing in popularity due to the advancement in technologies such as Bluetooth and Wi-Fi as well as the sheer convenience of the product. You can dropship wireless earphones, with many suppliers offering free ePacket shipping that makes it affordable for consumers.

You also want to showcase the convenience yhe having. You could create videos of people smqll them while they run, commute to work, or take them out of their backpacks without the hassle of having to untangle.

One of the fastest growing business ideas to make money right now is in the chiropractic field. However, the niche is still wide enough that you can also create a ton of content as. You can write blog posts to attract more people to your products. You can create ebooks about neck or back pain and some potential solutions to earn some passive income.

And by zeroing in on the chiropractic field, you can gain some credibility by becoming an expert in a growing business niche. Approximately 39 percent of American men have beards, which is a significant increase of 15 percent from You can grow your brand by dropshipping grooming products and beard oils. You should consider buying a few products to take your own professional images. As such, this business idea could benefit greatly with a strong social media presence.

Your mmoney media platforms should have tons of pictures of perfectly groomed beards for people to use as inspiration, while alsoallowing you to grow organically. While it may include products other than phone cases, this new business idea still offers a lot of flexibility for you as an entrepreneur should you decide to tap this niche market. You can find thousands of phone cases to sell online on Oberlo.

You can dropship iPhone phone cases, Samsung phone cases, wallet phone cases, and. When you target women, you can have feminine phone cases that include floral patterns, cute animals, or lace and mots patterns. Thwt, you can target those who travel for work such as salespeople or entrepreneurs, and market phone cases that charge your phone. A power bank is a mobile charger mak is charged in advance for a later use. With an astounding 80 percent of internet users owning a mobile deviceaccessories like power banks are expected to continue growing in popularity.

So, this startup idea might just be the perfect opportunity for you to make money mmoney the power bank industry. You can dropship power banks using Oberlo. You can also expand into zmall popular mobile accessories niches such as phone cases. Having a store focused on mobile electronics that are growing in popularity can prove to busineszes one of the most profitable ecommerce business ideas.

Bythere were million units of smartwatches sold around the world. On Oberlo, you can dropship smartwatches with heart rate monitoring, which would appeal to those interested in fitness or heart patients. You can also dropship smartwatches moneey GPS for those who like traveling, hiking or doing outdoor activities. You can dropship smartwatches with cameras for those who like taking pictures or selfies. With this startup idea, how you choose to market your brand and who you choose to target can open up a range of possibilities for you in the future.

Meditation has been steadily growing over the past few years, making it one of the most innovative business ideas to start. When it comes to this startup idea, you can approach it a number of ways. You can create an app, sell meditation products, or build a profitable blog. When it comes to launching your meditation business, focus on building an audience through content. The bags niche has been steadily growing over the years making it one of the best mwke ideas. You can eventually expand into luggage, which has also been growing in recent years.

Instagram and Facebook would likely work well for this business. You can do some Instagram marketing by having college-aged influencers wearing and promoting your bags.

15 Most Profitable Business Ideas for 2019

30 Best Small Business ideas That Make Money Fast in 2020

Most entrepreneurs think starting a successful business is all about a marketing campaign that is going to increase their sales. You can spend tons of money on a fancy communication campaign but still make loses. If the internal business processes are not in place, you may do a lot more harm than good. These internal processes include having the right people and pricing principles. All these need to work together by having a good strategic and external communication plan. One of the most important aspects that tend to be forgotten is that every employee is an entrepreneur. If you understand, empower and unlock their potentials, they will add value to the business. This busineses good financial returns to the company. Entrepreneurs create new business, and this drives a nake economic growth. The start-up businesses are a major driver to the development and grow key skills. Owner-operated businesses are much more efficient than mature businesses. They normally operate with lower overhead costs and gives them a competitive pricing edge. Transforming ideas into economic opportunities is the crux of entrepreneurship. Here are some of the most profitable small business. Every business requires an accounting system that ensures that there is a good management of cash. If you are a qualified accountant, setting up an accounting firm can be a profitable business that should be considered. Accounting businesees are part of the back-office section. There are several companies that are now outsourcing their back-office services such as accounting. Most companies are trying to focus on their core businesses and put more resources on .