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21 Jan, 2008

The Top 10 Most Profitable Businesses To Start

Posted by: Jason Drohn In: business

Forbes has a list of the top 10 most profitable businesses to start, as well as the top 10 least profitable.

The top 10 most profitable:

  1. Accounting Services
  2. Legal Services
  3. Dental Services
  4. Specialized Design Services
  5. Other Health Practitioners

Top 10 least profitable:

  1. Community Care Facilities
  2. Other Support Services
  3. Beverage Manufacturing
  4. Real Estate Related Services
  5. Bakeries and Tortilla Manufacturing

The service sector appears to be pretty healthy, and the health care industry is increasing due to the age of the baby boomer generation. Is there something you see that you could start?

One more thing.. I can’t help but put my favorite Henry Ford quote in here:

A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large.

[via  BusinessPundit.com]

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1 Response to "The Top 10 Most Profitable Businesses To Start"

1 | best business to start in 2008

May 28th, 2008 at 1:12 pm

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Seems this list always is changing. Profitabily, when looked at as percentage of gross sales is the profitability that paints the trues picture. Getting mixed up with “making the most money” from a revenue standpoint is a common trap. It makes no sense without a plan to “increase profit” Starting with the end in mind, building a profitable business model that deals with both profit resources (time and money) that is scalable is a gifted way to put a business together. If the business gives you time freedom, has little over head, then it’s all profit. At that point if you can Scale or grow it, your on your way.

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