Businesses With High Profit Margins
May 13, 2010 · 4
Businesses with high profit margins are what every business person desires. Even in today economic crisis there are small businesses that actually enjoy high profit margins. Would you like to know which small businesses they are? Read the following data and see if you have the chance to plunge yourself in one of these high profit opportunities.
Certified Public Accountant services
Today this is the most profitable small business. Offices of certified public accountants gained high profit margins up to 16% these days. Repeated clients is the main success factor in this business which create a great mix of pricing power, marketing scale and low overhead expenses. This business will survive in any economy condition because everybody needs accountants.
Other types of accounting business like billing and tax preparation and bookkeeping are also considered as businesses with high profit margins. These businesses have an average profit margin of 15%.
Dental services
Dental service business is actually on top of every year businesses with high profit margins list. The reason is pretty obvious; everybody needs a dentist and they’re affordable for everybody. This business is also immune to most market vagaries. A dentist operates with an average margin of about 14.7%.
Offices of Orthodontist
Unlike a dentist, an orthodontist gains their revenue mostly from fitting braces for teeth. This business is in demand these days because braces start becoming a fashion statement among young women and adults. Orthodontists charge high rate for their services and working with around 14.4% profit margin. That is why office of orthodontists is considered as new comer among businesses with high profit margins.
Legal Services
Legal services such as offices of lawyers, Estate planners, litigators, corporate legal advisors and mediators are going strong and gain high demand these days. Although they cost a fortune surprisingly these businesses only have an average margin around 13%.
Sales Financing
Loan agencies and brokers gain stable income in every economic condition. These companies are popular among individual and small businesses to raise quick cash. This condition makes sales financing companies are able to operate at steady 13% profit margin.
SEO Marketing
This is a new type of business that gains its fame since the World Wide Web era. Online marketing campaign is considered essential these days especially for small and medium-sized business.
SEO marketing companies are specialized in online marketing and SEO campaigns and the demand for these services keep rising in the past few years. According to the latest research, people running this business are actually gain profit margin up to 10% in average. That is why SEO services also considered as new business type among businesses with high profit margins.
There is this company in WA. They green technology company. Infact this company has gone by far in the past 15 months that I have seen. I invested $5,000 @ $1.00/share the value has gone up to $20.00/share already. Their business module is very unique. This is going to be a global business. The first company in the world who has invented concrete made out of 100% garbage…unbelievable! And they have many more technologies within.
i want to high profit business idea in business.you have any idea pl reply me
i am ready to invest the money to again 100% security.thank you…
Their are some really good companies to partner up with, and some bad ones. Be care full investigate before joining.
Most of real good ones will require an investment. look for ones that offer your money back if you find it does not work for you.MLM is the best source of home business i have found. The good companies produce millionaire’s every year, Also the timing needs to be right. I can give you the website to the one im in. To look at the site, but my company even though it is a great company and im making more money than i can dream of. it is a person to person business, My company has 2 ways to join and make money. E-Mail me for more info.
Catch a plane to China….meet with manufacturers….and create deals for merchandise that you will resell…the profit margins will be mind boggling. Or…..Create informational books, dvd, audios, on different topics. Flip a property after you fix it up a little. Do not….invest in Forex market, Las Vegas Gambling, or unproven company. Good Luck…dont blow it.