Quick Answer: Which Small Business Makes The Most Money?

Which is the best business in the world?

If you’re one of these people, here are 10 business ideas that could enable you to make money while changing the world.Educational blogging.

Teaching online.

Green app developer.

Uber driving.

Social crowdfunding.

Creating a betterment program.

Writing ebooks.

Create an educational travel company.More items…•.

What business can I start with 150k?

Find below 30 businesses you can do in Nigeria with 100,000 naira or less.Hair dressing/ Barbing Salon.Plantain chips production and sales.Restaurant services.Tailoring/ fashion designing.Catering services.Poultry farming.Cat fish farming.Cassava Farming.More items…•

What are the most successful small businesses?

Wellness, health, fitness, and pet-related services are some of the most popular and profitable personal small business ventures. Start-up costs can be as low as $0 and generate thousands of dollars of revenue in no time.

What business has highest profit margin?

For comparison, the average profit margin of companies on the Standard and Poor’s (S&P) 500 was 11% in 2017.Accounting, Tax Preparation, Bookkeeping, and Financial Planning. … Real Estate Leasing. … Legal Services. … Outpatient Clinics. … Property Managers and Appraisers. … Dental Practices. … Offices of Real Estate Agents and Brokers.More items…

What is the cheapest most profitable business to start?

Most Profitable Small BusinessesTax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. … Catering Services. … Website Design. … Business Consulting. … Courier Services. … Mobile Hairdresser Services. … Cleaning Services. … Online Tutoring.More items…•

What are the most successful small businesses 2020?

Most Profitable Small Businesses in 2020Auto Repair. Taking a car to the shop for even simple repairs can be a challenge. … Food Trucks. … Car Wash Services. … Electronics Repair. … IT Support. … Personal Trainers. … Newborn and Post-Pregnancy Services. … Enrichment Activities for Children.More items…•

What is the easiest business to start?

15 Easy Businesses to StartEvent Planning. … Gardening and Landscaping Services. … DJing. … Painting. … Yoga Instruction. Image (c) Hero Images / Getty Images. … Local Tour Guide. Image (c) Zero Creatives / Getty Images. … Tutoring. Tutor helping one of her students. … You Don’t Need Much Money But You Do Need… Couple running small gardening business.More items…

What business can make you a millionaire?

25 Businesses That Will Make You a Millionaire in 5 YearsFinancial Services. … Eldercare. … Business Consultancy. … Investment Firm. … Education and Training Service. … Insurtech. … Cleaning Business. … Healthcare Consultancy.More items…•

What is a good side business to start?

50 Ideas for a Lucrative Side HustleSell items on Ebay or Craigslist. … Recycle used smartphones on Gazelle. … Drive for Uber or Lyft. … Deliver for PostMates. … Rent your spare room on Airbnb. … Manage social media for small businesses. … Answer questions on JustAnswer. … Sell services on Fiverr.More items…

What business can I start with 1000000?

Business I can start with 1 million naira in NigeriaOpening a small supermarket. … Opening a small restaurant. … Boutique business. … Phone and computer accessory business. … Bakery business. … Producing yoghurt and ice cream. … Poultry farming. … Fish farming.More items…•

What kind of business is more profitable?

Hair Business: People might think of Hair business as a weird idea, but the hair industry is one of the most profitable industry. Hair industry contributed to $248 million in 2018. India exports hair to US, Europe, China and Middle East.

What is the best business to start in 2020?

15 Great Small Business Ideas to Start in 2020Transcription service. Source: demaerre / Getty Images. … Professional organizer. Source: tifonimages / Getty Images. … Cleaning service. Source: KatarzynaBialasiewicz / Getty Images. … Freelance copywriter. … Home care service. … Translation service. … Digital marketing. … Food truck.More items…•