Businesses in the service sector can be classified as niches with the lowest entry threshold. Sometimes it is enough to advertise to get your first clients. Entreprener published study, which business niches are the most marginal.
If you want to run profitable company, being able to count can help you a lot.
Accounting and tax services top the list of most profitable business niches, with a generous 18.4% net profit. They are followed by firms providing real estate services (15.2%), law firms(14.5%) and private physician offices (13%), reports Sageworks, a collection service financial information, which analyzed the net profit of more than 16 thousand small businesses (with profits of less than $10 million) for the period from September 2014 to August 2015. Intermediate level net profit for all industries for a given period is 7.2%.
What makes these areas so profitable? First, they rely on human capital.
« Companies engaged in the field provision of services, - says Sageworks analyst Jenna Weaver, - often turn out to be the most profitable. Such businesses do not have huge overhead and startup costs. In fact, you can open such a company even at home».
And while there are other factors to think about beyond just revenue (such as whether the business is qualified, what licenses need to be obtained, and how the firm will weather tough times), profit is important aspect, which should be taken into account from the very beginning.
Niches for business with minimal investment: list of the most profitable areas
The percentages of net profit they bring are indicated.
1. Accounting and tax reporting: 18.4%
« The accounting services industry is rightfully at the top of the rankings" says Sageworks' Weaver. No matter what time the economy is going through, everyone needs accountants. Also, businessmen working in this niche note the low level of overhead costs and the opportunity to acquire a permanent customer base.
2. Management of companies and enterprises: 15.5%
This area is represented by small private banking offices holding companies, as well as other holding organizations. Some well-known examples of holding companies (which, however, do not fall into the small business category) are Warren Buffett's Berkshire Hathaway and Carl Icahn's ICahn Enterprises.
3. Realtors and brokers: 15.19%
And while the real estate market is highly dependent on the state of the economy, realtor overhead is low: all you need to do is get an agent or brokerage license. 
4. Transport rental: 14.55%
In the here-and-now economy, Sageworks analyst Libby Bierman says people can rent a car instantly not only through traditional companies like Hertz, but also through express services like Zipcar.
5. Legal services: 14.48%
Anyone who has ever used the services of a lawyer knows that this pleasure is not cheap. The costs of running such a business are as low as in the case of accounting, and it is easy to develop a base of regular customers. However, this category includes not only lawyers, but also notaries, financial services specialists (monitoring the security of transactions), and real estate insurance agents. 
6. Dentist's office: 14.41%
The advantage of dentists, like therapists, is the presence of regular clients. Even though the costs of starting such a company can be quite high because dental equipment is expensive, the ability to manage several patients at the same time and immediate cash payments also speak in favor of choosing this profession.
7. Electricity generation, transmission and distribution: 14.02%
This category includes small private power generation companies that use not only traditional sources such as coal or oil, but also analogue ones - hydroelectric, solar, nuclear, wind or geothermal energy.
8. Property rental: 14.01%
Renting residential and non-residential real estate is a goldmine, subject to the initial purchase costs.
9. Offices of other medical specialists: 13.30%
How is this category different from therapists' offices? In fact, not much. This includes the offices of chiropractors, optometrists, psychotherapists and pediatricians - all of whom can be classified as "other medical professionals" like other similar specialists.
10. Therapist's office: 13.01%
To become a doctor, you need to study and obtain certificates for several years - most likely not for free. However, doctors also boast regular clients and relatively low overhead costs.
11. Rental of commercial and industrial equipment: 12.58%
Renting equipment invariably brings profit. As a rule, such companies rent out commercial equipment for different industries.
12. Religious organizations: 12.41%
Religious organizations can also generate income. Just because a company is not commercial does not mean that it does not aim to make a profit. The only question is how management distributes the funds received. Instead of paying shareholders, all proceeds go toward fulfilling the mission of the organization, achieving the goals of the church. Last year was extremely profitable not only for churches, synagogues, monasteries, mosques and temples, but also for schools, colleges and universities operating under the auspices of religious organizations. 
13. Consulting on business, scientific and technical issues: 12.05%
14. Design services: 11.4%
Small interior design or graphic design companies are thriving as these days appearance and decoration are extremely highly valued.
15. Administrative services: 11.3%
Such companies provide support to companies in all sorts of areas, from catering to healthcare, and provide administrative services - for example, office work, financial planning, issuing and paying bills.
How do you like point 12, colleagues? Apparently, mice in churches, synagogues, monasteries, mosques and temples are not at all as poor as in the old proverb.
Many budding entrepreneurs in different cities our countries are experiencing difficulties in the process of choosing an industry to conduct their business. A certain part of them do not have start-up capital, so they are looking for options with minimal investment. To do this, you need to know which ideas will be profitable in 2017. For this purpose, we recommend that you study the list (catalogue) of the most profitable ideas for business in 2017.
Online store as a business idea 2017
The meaning of this variety entrepreneurial activity with a minimum investment is as follows: You purchase certain products and then resell them through an electronic store at a higher cost. Such entrepreneurship has a number of advantages, among which it is necessary to highlight:
- the ability to constantly earn money on identical products;
- sales automation;
- sales delegation.
But there are also disadvantages. For example, one way or another you will have to spend money on purchasing goods and finding a room to store them. The process of organizing the reception of calls, as well as the delivery of orders to customers, will also require large financial investments from you. In addition, it is spent large number time for packaging goods, issuing invoices and returning defective goods.
For this reason, if you consider this option as a business idea in 2017 with minimal investment, we recommend that you work through the dropshipping system (that is, promote another online store).
Modern trends in doing business require the entrepreneur to be constantly active and improve the principles of running his business. To develop and achieve consistently high profitability an already created enterprise or just a business idea needs to regularly analyze the interests target audience, changes in business standards.
The most relevant business ideas of 2017
Unfortunately, an interesting business idea is not enough to create a successful business. Many other factors should be taken into account: the relevance of the service for the target audience of the region, the investment opportunities of the entrepreneur, the correctness marketing strategy. Every year in business areas there are important changes, new trends are being formed depending on the needs of the population, innovative achievements in science, medicine, and industry. Traditionally, experts included the following in the list of the most profitable areas of entrepreneurship: real estate, education, sports, food, IT technology, franchise business.
Creating a gastronomic trend
Providing food services is a business idea that, with the right approach, can be successfully implemented in any format and region. Standard approaches (opening a cafe, canteen, point of sale with baked goods, fast food, etc.) are unlikely to occupy a special place among interesting options starting your own business next year. Experts predict a new surge of interest in creating gastronomic trends in the city and region (examples: Altai cheese, Arkhangelsk roe, Kupin gingerbread). In every locality it is possible to find a special culinary highlight and interest the consumer in this. If you have investment, you can go even further by creating your own company that organizes gastronomic and wine tours around the country, for example, like the Moscow “Travel Store”.
Information product based on a cloud service
Information technologies are getting closer every year to everyday life almost every consumer. Subject to availability vocational training and certain investments, you can create a technological product on which you can make good money. What services are offered in this format? There are quite a lot of options:
- security services, video surveillance of the facility - video cameras will be connected to the Internet, and the image will be displayed on the screen of a laptop, tablet, smartphone at any time (Ivideon company);
- printing photos via the network (Netprint cloud service);
- game development, mobile applications various topics, etc.
Driving schools
Due to the adoption of new legislative initiatives, economic changes in the field of automotive training (cancellation of external exams, increasing the minimum driver training period to 3 months and the cost of automotive courses) opening a driving school with good curriculum, material resources and teachers - a pretty good business. With the proper approach, profitability can reach 100%.
Opening a pawnshop
Interest for a secured loan jewelry, fur clothes, digital technology quite high - on average from 7 to 25% per month. The costs of organizing a pawn shop are not very high. Even 6 m² of rented space with armored doors and glass is enough for full-fledged work. You will also need to obtain a license, hire 2-3 cashier consultants, install a security system and, of course, have capital at your disposal.
Commercial rental service
In recent years, the economic situation in many families has been losing its stability, so many people are forced to give up buying many things. But at certain moments in life they become simply necessary. A good way out of this situation for both the consumer of the service and the entrepreneur is to open a store that rents clothes, accessories, household items, and even pets for photo shoots. Some of the most striking examples of the implementation of this business idea can be considered Lyudmila Bulavkina’s project “Look100” (rental of dresses of different styles), the online rental platform Rentmania, rental service Next2u, etc.
Biofuel production
One of the most current ideas the production sector remains the production of biofuel. If a sales market is formed, the process of creating a product is established, the entrepreneur will receive a stable and high income. According to experts, the prospect of growth in domestic biofuel consumption will reach 40% in the next few years. The most popular types of biofuels are:
- fuel granules (pellets), wood briquettes, sunflower husks;
- straw, stems or leaves of agricultural plants (cereals, legumes, buckwheat, flax, soybeans);
- pellets from energy willow, poplar, vine.
Conducting trainings, seminars, master classes
If you have knowledge, experience, and special skills in organizing training sessions, you can create a good business. This direction has not lost its relevance for several years, and it will remain in demand in 2017. The most affordable options are conducting master classes on handicrafts, trainings and seminars on the topics of relationships, professional growth, and spiritual development. There are a huge variety of topics for classes, but it is important to choose one that will interest the target audience and organize them correctly.
Creating a new franchise business
A franchise gives an opportunity to a young entrepreneur or an experienced businessman to start developing his business with the support of the franchisor, following a ready-made business model. You can realize yourself in this way in any field, good offers a lot: CITYCARD UNITY (mobile discount and bonus loyalty program), iCharge (for charging mobile devices), “Ministry of Stamp Products” (production of seals, stamps), “Begemotik” (sale of toys, goods for children), MailBoxes (express delivery services), etc.
Advice: when choosing a franchise, it is important to carefully study the franchisor’s conditions and calculate the profitability of such a business in a specific region and for its target audience. You need to choose an option so that the costs of starting a business do not stop the development of the business and will soon bring profit to the owner.
Growing organic products
If you correctly present natural products and position them as an original product, then you can make good money by growing organic vegetables and fruits in 2017. Eco-trends are becoming more and more popular every year; the idea of caring for nature and food consumption culture is being actively promoted all over the world. Many restaurants, cafes, retail chains place special emphasis on the naturalness of the products provided. With the right marketing approach It is possible to create a highly profitable business in growing organic products, even with small investments.
Advice: You can create a business on eco-products not only by growing them, but also by selling them. Interesting and profitable option– creation of a retail outlet and, in parallel, a website (with the possibility of online ordering and delivery), where only environmentally friendly products will be sold.
Online delivery service
Information technology, to one degree or another, has long penetrated into everyone’s everyday world. modern man. One of the most convenient and popular online services on which you can make money in 2017 is considered to be delivery service (food, orders made in online stores, etc.). This idea can be successfully implemented even in small town, the main thing is to choose a relevant service and conduct a good advertising campaign.
How to open a business with a new idea and achieve success?
Quite often, beginning entrepreneurs face many obstacles and problems even at the beginning. starting stage. In most cases, this is due to common mistakes they make. And often it’s not a lack of investment, a bad location, a lack of opportunity to get a loan, poor management or strong competition. Destructive factors include the entrepreneur's lack of confidence in his abilities and spontaneity when making decisions, which leads to the winding down of the business or bankruptcy. Which typical mistakes will they prevent even the most pressing project from developing and how to avoid them?
- Excessive ambition and self-confidence. You need to start small and sell what is available and relevant today.
- Inability to compete. It is necessary to prepare for emotional turbulence, negative reactions and competition.
- Focus on the service or product, but not on the consumer. 90% of success depends not so much on the quality and characteristics of the product, but on proper organization sales and marketing.
- Unjustified savings on employee training and marketing. The team that manages to attract the best players wins. The potential of professionals will help your business quickly reach a new level.
- Independent business planning. It would not be superfluous to consult with professionals in a certain field, experienced entrepreneurs, experts of various profiles regarding investment, promotion, pitfalls, and nuances of working in this segment.
A constant companion to this question is what a novice entrepreneur should do so as not to burn out? Risks are inherent in any business. And we assure you that the risks when starting your own business are as minimal as the risk of going to work for hire. In the second case, you risk even more, since the employer may be caught unscrupulously, and therefore you will not see wages. In the first case, everything depends on you.
Finding your own niche to start a business is the cornerstone of any endeavor. And you know, to be honest, this search is hundreds of years old. There is no ideal formula by which this search is built. While in thought, you have no doubt studied a lot of material. And if you read somewhere or heard that immediately after starting a business you will make a profit, then carefully cross out this source from the reliable ones. Of course, there are types of entrepreneurship where good profits appear from the very beginning. And even these very Internets are replete with a bunch of advertisements, saying that for a small amount or even for free they will share with you a scheme for making money.
Think about it! The owner of any business works for himself. He makes his own profit. And if this profit is good and completely satisfies the owner, will he share the earnings scheme? Well, is that fair? Our answer is yes. In a single case. If the profit is bad. The scheme may, of course, work. But, since it is distributed, it means everyone knows about it, and this is competition, therefore the profit in this niche is extremely stabilized and has reached a minimum.
What to do? Develop your own scheme. We have talked about this several times. You have all the makings for this. The key point of this approach is expertise. That is, your knowledge. Anything you have experience with. This business model is used to build most successful companies. It will always be like this. An experienced chef, having worked for his uncle, opens his own restaurant. A modern plumber, if he does not write books, then, having understood the issue, begins independent business, providing own services. And so on. Your expert knowledge easily takes into account all the risks of the chosen niche, understands the processes occurring outside and inside of this business and, most importantly, it can help you immediately reach a break-even level for your enterprise. The only thing left is to choose a niche where you are an expert.
We, in turn, present to you several of the most popular business niches for 2017. This list was compiled using our expert opinion and Internet statistics.
1. Business with China
This is the most popular niche on the Internet. Information about doing business with China is requested millions of times a day. China seems to us like a solution to all financial problems. Cheap production. Low prices. Wholesale supplies. And so on. But, most importantly, it leaves us and suddenly turns into complete disappointment in business with China. We forget about demand. Local demand, which decides for us what to buy in China for profitable sale at home. You can buy hundreds of containers of Chinese things, but if there is no demand for them, then there will be no profit. Therefore, starting Chinese business, think about your own first.
And they will help you form your own opinion following business ideas:
2. Business on the Internet
Building a business online is different from other methods in that it is not as expensive as others. Sometimes just your own knowledge is enough to earn up to $1000 a month (we are talking about various copyright exchanges). The ceiling of this niche is limited only by the legislation of your country. Yes, we remind you that even online business requires state registration. This niche is very capacious and, in its essence, reflects not only the world around us, but also includes almost all types of business - from an online store to consulting.
See for yourself by exploring a few online business ideas:
3. Business in production
The development of technologies and materials used has allowed small businesses to enter the production niche. Now to open your little one candle factory it will take a small production premises and several universal machines. And this applies to the majority, we repeat - the majority, of various industries. Machines and equipment are available to everyone, raw materials are cheap, and demand for the many products produced is stable. For example building materials. This niche has a great and strong future.
Look how wide the range of business in manufacturing is:
4. Food related business
This niche has many sub-niches - from food production and semi-finished products to ready meals and opening restaurants. The most stable and ancient niche. Anytime financial condition population, this niche will be profitable. I always want to eat. We choose the right direction and, voila, the profit is stable, despite high competition.
Today, the unstable financial situation in the country is leading to job cuts. Some people find employment with new companies after being fired, while others are looking for ways to start their own profitable business. After reading the article, you will find out which business is profitable to open in Russia with small investments.
What business is in demand now?
Supply is formed by demand. This is one of the main economic laws, therefore, in order to open the most popular business, you need to determine what products and services the population of your city needs. It is believed that in any region, the greatest demand is for organizations engaged in the repair, replacement of plumbing, and sale of household chemicals, products. An analysis of the market for services and goods will help you find out more precisely which business is relevant now.
Demand for services
According to statistics, employment agencies are very popular: the crisis and constant layoffs increase the need for such organizations. Demand for the services of plumbers, hairdressers, electricians and funeral directors remains unchanged. In Moscow and other large cities, companies providing commercial transportation come first in terms of the number of requests. Organizations from the beauty and health sector are only 1% behind in the top. Having found out which services are the most great demand among the population, you can organize profitable business.
What is profitable to sell now?
Aspiring entrepreneurs like to wonder what people are in demand right now. Current products remain the same. Example of high-margin products: flowers, drinks, jewelry, handmade products. Such goods are distinguished by stable demand, low production and storage costs. Popular alcoholic drinks are considered popular products.
What kind of business is in demand now in a small town?
Small settlements budding entrepreneurs are bypassed. In their opinion, business there brings in very little income. This is partly true, because salaries there are lower than in big cities. The costs of renting and purchasing premises will also be less than in big cities, so you can organize your own business with minimal financial costs.
Most popular business V small town- salon generalist. In addition to hairdressers, there should be manicure-pedicurists, cosmetologists and massage therapists. Shoe and furniture repair shops are popular regardless of financial situation countries, because people tend to restore old things because they are afraid of spending a lot of money.
In-demand business
Commercial activities are always aimed at satisfying people's needs or stimulating demand. Anything is built on this promising business. You can create demand for products artificially by advertising products on the street and on television. The relevance of the business sector and whether business decisions are effective still play a significant role.
Profitable business
Commercial activity should generate maximum income with minimum costs. cash investments and exploitation of various resources. These features characterize a highly profitable business. During a crisis, you should not open enterprises engaged in the production of any products. Their profitability will be low, the risks will be high, and you will see real profits only after a few years. The service sector is considered successful.
Super profitable business
All aspiring entrepreneurs dream of earning fabulous money, but few manage to realize this in practice. Some franchises allow you to build a highly profitable business from scratch in just a couple of months. Another way not to save and get a lot of money is to create a completely new and in-demand business for the region. Options for directions: from restoration or car rental to your own thrift store.
The most profitable business
Having opened his own bakery in big city, you can quickly return all invested funds - in less than 2 months. A similar situation is observed with restaurants. healthy eating. People are no longer attracted to fast foods. The fastest-paying business is able to return all invested funds within a month. Before starting your own business, study current business ideas, sorting them by profitability indicators for your region - this way you can weed out proposals that will lead to bankruptcy of the company in the future.
Profitable business on the Internet
Distinctive feature activities in world wide web is the lack of connection to one’s place of residence. You can look for clients both in your city and outside it, so organizing a profitable business on the Internet is easier than doing it in the real market. A budding entrepreneur won’t even need starting capital. There are several areas of such business:
- provision of online services (programming, design development, accounting, etc.);
- launching an online store;
- participation in affiliate programs;
- creation and promotion of your information product.
You can create a current business providing services on the Internet if you are a specialist in any field. You need to create a portfolio or launch a business card website where your skills will be described in detail. You can launch an online store without money, acting as an intermediary between foreign sellers and buyers from Russia. Products will be sold with a slight markup.
Online store
Let's take a closer look at opening an online store.
Pros:
- minimum investment (often 10-15 tr. is enough)
- you can work in the Russian Federation from any city
- everything is growing rapidly: in 2018, the turnover of online commerce exceeded 1 trillion rubles, the forecast for 2023/24 is 3-4 trillion.
Main problems 2 - find profitable product and differentiate yourself from your competitors.
Advice - communicate more with the owners of existing online stores. Then the ideas will come on their own.
Best place for communication - clubs of Internet site owners. The largest of them, Imsider, unites tens of thousands of entrepreneurs. The club was founded by the owners of large websites; large (including free) online and live events are held every month.
- it is led by the founder of the club, Nikolai Fedotkin, owner of the Video-shoper store (the site is visited by 10-15 thousand people per day)
- issues of choosing a niche (they provide more than 1000 proven products), competition, website creation, advertising, suppliers, individual entrepreneurs, delivery, etc. are resolved.
The webinar is free. You won't find anything better in Russia now.
Profitable business with minimal investment
Many people want to make a profit without spending their own money, but not everyone succeeds. In practice profitable business can be organized with minimal investment if you offer products own production, engage in intellectual work or act as an intermediary, organizing purchase and sale transactions. Some open collection points for glass containers or scrap metal in the garage.
Network Marketing also applies to earning money with small investments. You can develop your business at home by recruiting interested people from the population. If the idea of creating a network of independent distributors does not appeal to you, then you can take up farming: the demand for basic food products that are not harmful from an environmental point of view is high among residents of megacities.
Rating of profitable businesses in Russia
Commercial activity must be profitable. The proceeds must cover the costs of further development organization, remuneration of employees and the entrepreneur’s own needs. If this is not observed, then the business is considered unprofitable. Some entrepreneurs initially choose unprofitable areas, which leads to loss of finance over time. By studying the rating of small businesses by profitability in Russia, you can avoid this. IN TOP 5 best entrepreneurs includes:
- Private auditors. Economic condition countries, changes in legislation have virtually no effect on the popularity of auditing. This list also includes consulting services.
- Clinics of narrow specialization. Various types of cosmetology and medical procedures are in demand among residents of all cities, so this field of activity is classified as highly profitable.
- Accounting services . Needed by both small companies and large enterprises. The only disadvantage of this industry today is high competition.
- Law offices. A highly profitable business with well-qualified specialists and many cases resolved in favor of clients.
- Microcredit. This niche has gained popularity over the past 3 years. Money is issued on the security of products produced by enterprises or any property.
Business profitability by industry
Indicators economic efficiency determine whether a company will survive or not. They need to be taken into account when choosing the direction of the enterprise. Economic efficiency indicators determine the company's development strategy. Below is a table showing business profitability by industry:
| Business industry | Percentage of profitable organizations |
| Transport/logistics | |
| Trade, catering | |
| Finance, insurance, banking | |
| Mechanical engineering | |
| IT and software development | |
| Business services | |
| Car sales and service | |
| Scientific activity, education | |
| Construction, reconstruction and modernization of buildings | |
| Ore processing, mining | |
| Pharmaceuticals, medicine | |
Video: the most profitable business with minimal investment
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