With the rise of technology, many of these most profitable businesses fall under the realm of online business ideas—but not all of them. You’ll also find ideas that fall within the realm of childcare, others that correspond more to B2B services, and some that suit entrepreneurs who are looking to be on the move with their businesses. This being said, there’s nothing to say that any business idea that you come up with won’t be profitable, but if you’re looking for a good place to start, you’ll want to check out this list of the most profitable small businesses:
1. Auto repair
Taking a car to the shop for even simple repairs can be a challenge. After all, most of us use our cars to get from place to place— that means taking a car in for repairs often either involves a long wait at the repair shop, renting a vehicle for the day, or coordinating a ride with a friend or spouse. These options are both expensive and inconvenient.
2. Food trucks
The food truck movement is slated to keep growing and growing. As rent in major cities across the country increases, it’s becoming more difficult for up-and-coming specialty food artisans to finance a brick-and-mortar location in the bustling centers of town—where their customers are most likely to be.
3. Car wash services
Next on our list of the most profitable businesses: mobile car wash services. It seems safe to say that many people would pay a premium for a mobile car wash that came to them, instead of having to drive across town to access a car wash. This is especially true for people with upscale cars who prefer more personalized service. As a mobile car wash and auto detailing service, you wouldn’t only benefit from the unique value proposition of being mobile, but you’d also avoid the significant overhead and startup cost of having a physical location.
4. Electronics repair
To say that Americans these days are obsessed with electronics would be a bit of an understatement. People spend most of their waking hours staring at a screen of some sort. This widespread tech addiction means that when something goes wrong, people want help as soon as possible.
5. IT support
Although two-thirds of Americans think they are tech-savvy, the truth is that they often need to rely on tech support. Some even make their computers or other devices vulnerable to hackers and identity theft. Unfortunately, when things go wrong, often the free customer phone support provided by manufacturers doesn’t feel supportive or fails to solve the problem.
6. Mobile Locksmith
You hold the keys to success as a mobile locksmith. For best results, be ready for 24-hour action with a cell phone and van. With some training and basic equipment, you’ll have this business mastered–lock, stock, and barrel.
7. Graffiti Removal & Abatement
Equipped with some paint and other preventive treatments, you’re set to serve residential as well as commercial clients with your own graffiti-removal-and-abatement business. City governments and schools can also benefit from the removal of unsightly “tagging” in their districts.
8. Golf-Club Cleaning
Take your best shot with a golf club cleaning service. Not only will you be offering golfers a clean edge to improve their game, but you’ll be offering a way to protect their investment from the rusting, pitting, and discoloration of dirty clubs.
9. Self-Defense Instructor
You can never feel too safe or secure. People of all ages and backgrounds can benefit from the self-defense skills you can teach them. Get your business jump-started by training others in the disciplines you’ve learned–Aikido, Karate, or simply basic safety-awareness skills.
For photographers, bakers, caterers, and florists, wedding bells mean big business. Help them get a piece of the action by publishing a wedding guide with space for local advertisers. Include some basic wedding planning articles, and you’ll find June brides aren’t the only ones to benefit from your premarital publication.
We have always emphasized the importance of having a good website for your company because it can act as your best tool for marketing and sales. A poorly designed website can repulse people from your business and can cause you to lose customers before you even have them. Get in touch with HyperEffects to work on creating, enhancing, and making the website of your company more user-friendly.