Small businesses can be a great investing opportunity. Read on to find out why.
Small businesses are an appealing option because you have a hand in how the business is run. These businesses are often run by one person or a small, close group that is very interested in the success of the business. This gives you an opportunity to be a part of the decision making process. You can also get great profit from growing that business.
Most profitable small businesses
To invest in?
As we move further from the big financial panic, small businesses are crawling out from the rubble. They can’t be replaced by their bigger competitors, but they can’t be ignored, either. As the banks continue to loosen up, people have become more willing to run their own businesses, and small business investment is the new rage on Wall Street.
Different people have different ideas about what constitutes the best small business to invest in. For the most part, small businesses come in three flavors – retail, manufacturing and service based companies. Here are some of the reasons that I think make these the Best Small Businesses to Invest In.
Real Estate Sales and Management
Real estate sales and management businesses are service intensive and require a lot of customers to be successful. That means that the amount of start up capital needed to set-up a successful real estate sales and management business is higher than other types of small businesses. Real estate agent license and state registrations are also significantly higher than for other types of businesses. Building a business base takes time – as an agent, you will not be making any money right away, as you need to first build a a large enough client base for it to be worthwhile. On the bright side, once you have invested on this business, your monthly earnings are set and will be continuing to generate income in the long run.
Where there is a lot of competition in a certain niche of business, it's important that you invest in a business that is known for providing the best service to its customers. Copywriting businesses are great for this purpose, because the companies that value their clients will work hard to make sure the customer is fully satisfied with the end result.
The Company Offering Copywriting Needs:
Professionally written content. Copywriters need to be able to constantly offer their clients professionally written content for their website that will help their business grow. This will result in a happy customer who will purchase more services from the company.
Professionally written content. Copywriters need to be able to constantly offer their clients professionally written content for their website that will help their business grow. This will result in a happy customer who will purchase more services from the company. Timely Service. Generating a strong first impression with your clients will help ensure that you build a strong client base. If you have writers who can provide this service, you are guaranteed to attract the types of clients you are looking for.
Personal Training and Fitness
There are a lot of opportunities in the fitness industry, but nothing comes close to the potential that personal training has right now. Personal training is a booming industry that allows you to work for yourself while helping others to improve their lives.
The Occupational Outlook Handbook (by the Bureau of Labor Statistics) reports that personal trainers have a growth rate of 36%, which is much faster than the average for all other occupations. And the work will be around forever, even as other trends pass, because no matter what we look like, it is a human imperative to keep ourselves in shape.
Your profit potential here is virtually limitless. You are paid for every client, and you can potentially work with as many clients as you can take on. So business tends to grow really fast.
Where to Start
So you are intrigued by the idea of being a personal trainer … but where do you start?
The first thing you need to know is that there are a few different ways for you to get certified. Most people start out with a personal trainer certification provided by a larger commercial gym.
This is not a knock on anyone who chooses this path, but it is not for you. Commercial gyms are huge businesses, and they tend to treat their trainers as a sort of commodity. The focus is on production, not on building happy, loyal trainers. And being known as a commodity in any business is almost always a bad strategy.
If you have people over for BBQs or barbecues, then it will most certainly happen that they will bring along the dreaded fly. They fly around in front of everyone and no one eats, yet again, on account of that one little fly.
You find yourself asking, “Why do people just ignore these little creatures thinking that it won’t bother anyone? Why can’t they just swat that ugly creature?”
Do not get frustrated, for now is the time to invest in a cleaning service, for there is no way that you or your guests can tolerate fly buzzing around. A good business to invest in is cleaning service.
There are numerous companies that will come and clean your windows, sweep the floors, clean the bathroom, and even deep clean the carpets. The long-term goal is to remove any and all debris that might attract the fly.
You will also have the peace of mind that your home is always spotless and that it stays that way. The information that you need about the cleaning service is listed below.
It can be for your home or even your workplace. You can search for companies online or even call a few of them up. After you have narrowed down your choices, then and only then, should you visit their web-pages and see what they offer.
The need for convenient storage options and services is on the rise as our homes and offices become more crowded. Considering the rising cost of education and healthcare, people are less willing to put their personal finances on the line when embarking on risky business ventures.
Investment in those areas can take years to show a return, and most people don’t have that kind of time. That’s why an investment that can be recouped in a short period of time with a proof of income is a more attractive option to many.
Storage facilities (not the kind you rent by the month) are a great opportunity for those who are looking for a long-term investment in a business where their property can be safe from harm.
You don’t have to be sitting on a huge investment to get into this business, either. You will only need to purchase storage lockers or rent a space large enough to accommodate them. It’s important to get a secured facility so that no one can get into your belongings without permission. You will also need to implement a checking system to ensure safety. Some people will need a place in your storage facility for short-term basis and some for long-term, so you’ll need to set prices accordingly. Security is essential with this business and marketing should also be a priority so that people know you have a facility.
Party and Event Services
It can help you coordinate almost any kind of event or party. This is one of the most profitable small businesses in the world by doing this only on a small scale.
You’re not stuck in one venue and can use that to your advantage in creating something unique for people for events. With an established brand name, you can charge premium rates for hosting the events. A lot of party and event services are on a freelance basis, so it’s a pretty flexible business and a great one to start. You can also go on and create a small team of people to help you out with planning these parties.