What is the most profitable business in America?
As we know, America is a country with high economic development. So, it must be fierce competition in there. Starting a profitable business in America, you can’t start it only with your temporary passion . You need to make a budget of your business and make a plan about your manage ideas. It’s will be wiser for you to do some investigations and collect the customer’s feedback. I happened to know a great business idea from my friend , now he is a distributor of “kids diy mural”. My friend is doing very well with his business and can earn more than 80000$ a month with his team. I think it’s really worthy for you to get to know it . It’s a genius and the global exclusive home decoration product , with it you can decorate your room by drawing a full wall art painting in 2 hours , even you don’t have any painting skills . Also the kids can decorate their room alone . So amazing and interesting ! I also have done a painting in my bedroom , I love it very much ! It’s so pretty and never get fade or moldy. I think it’s definitely the new trend of home decoration and will pop up the worldwide.
Most profitable horse businesses?
In order to make profit you need to be a Great Horse Trainer and People Trainer :) And you can do well with Boarding to. The horse business is hard, there are alot of them out there, you will need to have a vast knowledge of these guys and be a great horse Trainer, which will take alot of schooling on you part, clinics, apprenticing, studying, lessons. It takes alot of time and commitment but you can do it. Jenny My husband and I do work in it, training and ferrier service He is a third generation horseman and was born into it. You will need to have a real job to when getting started. Right now the market is down and it is rather hard to sell horses hopefully that will change around by the time you enter the business. But Jeff and I used to do what you are saying, we took in horses that were not wanted by some of the big farms, fought for papers, trained them and found great homes for them. But that is not very profatable, first of you have to pay out of pocket for all the feed, useally some vet bills involved or at least the cost of upkeep, worming, shots, shoes, supplies for damaged stall, fences, etc. And then you usually won't get back the money you put into them with a sour market. You need to take into consideration that you may not sell the horse for quite a while and you will have to feed it until you do sell. I am not trying to discourage you from it. Go for it if that is what you want to do. But this is the reality and you wanted advice form experienced people. You want to be a Great trainer like I mentioned above and have people pay you to train them and their horses along with boarding that is were you would do the best. Give clinics, become a judge for horse shows.
What's the best & most profitable business to start?
Right now oil companies are setting record profits but "starting" and oil company isn't very realistic. The "best" business to start is the one that you want to run for the rest of your life, not necessarily the one that is most profitable. If you have a profitable busines but you hate going to work everyday what good is it? Profitability is a harder issue to answer. Higher profits usually mean higher risk. The businesses that potentially will generate the highest profits are also the businesses that require large upfront investment and skillful management to succeed. Basic economics will tell you that a business that had low risk and high profits would create a climate where everyone would be getting into that business. Then the competition would eat into the profits of all the businesses until several would fail leaving only a smaller number of well run businesses.
What is the most profitable single person business right now?
Brain surgeons.They make huge money. So do ‘plumbers to the stars’. And plastic surgeons in Hollywood.Not being and A$$ here, just pointing out there have to be limits to really give a sound answer.Your question sounds like you are considering starting a business. If that’s true, the most profitable business may not be within your reach. What education do you have? What work ethic and drive do you have. What is needed most in your area? What unfulfilled need can you step in and create a future?If there was a ‘most profitable single person business’ and it cost $100,000 to get into it, would you /could you do it? If the top business requires a certification, degree, or other investment, would you do it?There are hundreds of profitable one person businesses. I used to manage private homes for snowbirds when they went up north for the summer. Just me and made $100K a year. There are people picking up dog poop from people’s yards for a living making $100K a year.So the key is finding something to do that either matches your current skills and is a needed product or service, or getting enough education and experience to make it in any business!
Which is the most profitable business to start right now in Tamil Nadu?
Owning a franchise of a good company is the best small business these days. Expanding a business can be accomplished through opening additional company owned operations or through franchising. Franchising is far superior to opening additional company owned stores and ultimately more profitable. Franchising is the best way to expand a business.They are best because :-Significant capital required.Large overhead.Borrowed capital utilized must be repaid.Large time & expense requirements.Management problems related to span of control, supervision demands, difficulty in hiring and maintaining competent managers.The best franchises I can suggest you now a days are Online services, They are the franchise options for many reasons, low cost and less initial space are the two important features of it.Look out for a company like Phixman. This company is India’s one of the best Online Mobile Repair Company, this is the best investment because smartphones are becoming a basic need in everyone’s life and we can’t live without our phone for a day. Phixman is the company that takes your smartphone from your doorstep, repairs it and then delivers it back to your doorstep, all you have to do is place your order. It is India’s one of the most fastest growing franchises and is the best franchise to start in 2017.
What is the most profitable single person business?
*Michael Burry (profiled in The Big Short) ran a hedge fund called Scion Capital which recorded returns of 489.34 percent (net of fees and expenses) between its November 1, 2000 inception and June 2008 earning him more than $100M personally and over $700M for his investors.*From wikipedia