20 Most Profitable Small Businesses in USA

 

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I found this article that lists the 20 Most Profitable Small Businesses in USA. I ...
  1. #1
    NotTheDude's Avatar
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    Default 20 Most Profitable Small Businesses in USA

    I found this article that lists the 20 Most Profitable Small Businesses in USA.

    I thought it would be a good share for the "other online/offline hybrid" players here on BHW.

    Obviously you want to target high dollar businesses because they have more money to spend on marketing.

    Code:
    http://savvysavingbytes.com/2011/03/20-most-profitable-small-businesses-in-usa/
    Here is the list from the article:

    Here’s a list of the 20 most-profitable industries of the traditional variety and their average pretax margins for seven years:

    Offices of Certified Public Accountants: 16.5%
    Offices of Chiropractors: 15.3%
    Freestanding Ambulatory Surgical and Emergency Centers: 15%
    Other Accounting Services: 14.9%
    Offices of Dentists: 14.7%
    Tax Preparation Services: 14.7%
    Offices of Orthodontists: 14.4%
    Offices of Lawyers: 13.4%
    Sales Financing: 13.3%
    Portfolio Management: 12.2%
    Drilling Oil And Gas Wells: 12%
    Offices of Optometrists: 11.5%
    Lessors of Nonresidential Buildings (except Mini-warehouses): 11.3%
    Offices of Real Estate Appraisers: 11%
    Lessors of Mini-warehouses and Self-Storage Units: 11%
    Insurance Agencies and Brokerages: 11%
    Other Activities Related To Credit Intermediation: 10.7%
    Investment Advice: 10.7%
    Offices of Physical, Occupational and Speech Therapists, and Audiologists: 10.6%
    Offices of Physicians (excluding Mental Health Specialists): 10.4%

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    Default Re: 20 Most Profitable Small Businesses in USA

    Thanks for this list. Some surprises on and off the list. I surprised to see sales financing, portfolio management and investment advice. These are definitely "off-the-beaten-path" type niches. I'm surprised that cosmetic surgeons aren't on the list, but they are probably lumped in with physicians.

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    Default Re: 20 Most Profitable Small Businesses in USA

    Only surprise there for me is 'investment advice'!

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    Default Re: 20 Most Profitable Small Businesses in USA

    They completely missed Dry Cleaners. They have an astounding net profit margins. And, they completely missed consultants who can average 30% net profit margins.

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    Default Re: 20 Most Profitable Small Businesses in USA

    uhm I don't see anything related to technology?
    Computers must be the most profitable business ever. think about it - you create some piece of software once and then you can sell as many copies of it as you want at the cost of a blank cd (~30 cents, actual software $40+)...

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    Default Re: 20 Most Profitable Small Businesses in USA

    Quote Originally Posted by im_a_lawyer View Post
    Computers must be the most profitable business ever. think about it - you create some piece of software once and then you can sell as many copies of it as you want at the cost of a blank cd (~30 cents, actual software $40+)...
    All I can say is I'm glad you're not my lawyer!

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    Default Re: 20 Most Profitable Small Businesses in USA

    Quote Originally Posted by meathead1234 View Post
    All I can say is I'm glad you're not my lawyer!
    huh? I don't get what you mean by that

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    Default Re: 20 Most Profitable Small Businesses in USA

    huh? I don't get what you mean by that
    uhm I don't see anything related to technology?
    Computers must be the most profitable business ever. think about it - you create some piece of software once and then you can sell as many copies of it as you want at the cost of a blank cd (~30 cents, actual software $40+)...
    Perhaps....because your post doesn't seem very lawyer-like? Certainly not an intellectual property lawyer because your comment on software doesn't track.
    Also, the profit margin for computers are razor thin!

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    Default Re: 20 Most Profitable Small Businesses in USA

    I'm suprized at the warehouse/storage unit being so high but after thinking about it a bit it makes sense. Once the building/property is paid for it wouldn't have alot of overhead. Something to add to my list of businesses to look harder at in the future.
    This member has been permanently banned from BHW.

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    Default Re: 20 Most Profitable Small Businesses in USA

    Where are black hat internet marketers

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    Default Re: 20 Most Profitable Small Businesses in USA

    Subscribe to any magazine for $1/magazine (24 per year for $24) and you will get these every 2 weeks.

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    Default Re: 20 Most Profitable Small Businesses in USA

    LOL shows what everyone really knows about business. Net profit and gross profit are two completely different things.

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    Default Re: 20 Most Profitable Small Businesses in USA

    What about drug dealers? Are you telling me I can't live the Scarface Dream?

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