14. Electronic and Precision Equipment Repair and Maintenance
Net Profit Margin – 10.4%
There’s one thing you can count on when it comes to electronics – they’re bound to break at one point or another. Back in the day, such equipment was built more durable, but nowadays things are built to break. The goal is to get everyone to buy a new item once the old one breaks, after all, pushing people to spend more and more money. Fixing things will save people some money on buying new equipment, especially if it’s only going to cost them a fraction of the price.
Therefore, if you like fixing things, specifically electronic and precision equipment, this is your chance to open a new business, knowing that the net profit margin for such a company is 10.4%.
Vereshchagin Dmitry/Shutterstock.com
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