The 11 most profitable businesses with low overhead might be the chance you have been looking for. Why pull on your hair and spend all those sleepless nights trying to make something more out of your life than constantly slaving away your time? Business sure is made to look like something way out of reach for the mortals but you’d be surprised how easily you can start and even maintain and expand your own little business. Low overhead is the way to go with people who have more time than money but if you are one of the people who have a lot of both, you can check our list of the not-so-specialized 7 most profitable businesses you could start.
Today’s economy offers you literally countless businesses opportunities and as many ways to make use of them. You are no longer confined to the lack of variety, means of support or government or other limitations. Of course, you’re not the only person which this applies to so competition can be fierce. However, if you’re really good at what you do or demand is on a steep rise, you could still have a very good chance of succeeding in your business ventures and taking a small, simple business further. Keep in mind, though, that while business is not something that only a chosen few of us should ever imagine dealing with, it isn’t quite the breeze either. Many people throw themselves at new business opportunities without taking into consideration a lot of important factors. This type of limited view of the situation, combined with unrealistic expectations are two of the most common reasons why a big part of the new businesses close within two to five years after starting out.
Even so, making yourself your own boss and being the direct supplier of your own services is something a lot of us see as a lovely idea. Doing that can be easier than ever if you are in the right environment and have the right skills but most of all, you should have the ability to look at yourself and your financial situation from different points of view than your own. Perspective in any situation is one of the most valued personal qualities of any business person, which takes a place in front of all the other seemingly vital to your business skills and traits. Let’s take a look at where you could apply those.
11. Photography
If you’ve got a keen eye for some beautiful scenery or the prettier sides of people and any averagely good camera, photography can be a way for you to start a business of your own. You could shell out a little for some of the fancy photo editing software but don’t forget that there is almost always a little more stripped down but free alternative.
10. Senior Care Services
Today more than ever people are living to a ripe old age. So ripe, in fact, that many live to the point where they need assistance or full care to be able to go about their day. Senior care services is another business you could start with very little overhead.
9. Web Design
Web Design honestly looks more daunting that it is. All you need is a computer, creativity and a big handful of dedication and you could make good money in less than a year.
8. Accounting
If you have the education or are willing to get it, accounting is a perfect opportunity to make a business out of aiding people who are also trying to make it in the world of business. You would have to pay for and pass some certification, though.
7. Transcriptions
Be it for educational videos, medical recordings or blogging sites, transcribing recordings is one of the jobs which machines can’t really do well enough yet so you could step in and take that one if it suits you.
6. Consulting
Do you have a special thing for analyzing problems and providing solutions? Consulting is a high demand and very little overhead business which takes the sixth place among the 11 most profitable businesses with low overhead.
5. Business Coaching
Why put all that effort into providing a product when you could just sit and tell other people how to do their jobs? Well, turns out business coaching is not about the business but the people who run it and the special personal change they need to reach their goals.
4. Child Care Services
People having children is a given. People having time to take care of them throughout the day – not so much. Child care services will never be out of demand for that same reason.
3. Tutoring
If you have a skill someone else might be willing to learn, why not make some money out of it? If you are very good at a skill many people want to learn and have/can rent a place to teach them why not make a lot of money out of it?
2. Yoga Instructor
Anyone who has actually tried yoga can tell you that it’s really living up to the hype. Lots of people are getting into it nowadays and even if a lot of them don’t stick, lessons are still paid for.
1. Personal Trainer
Being a Personal Trainer takes the first place in the 11 most profitable businesses with low overhead. You don’t need anything but a toned body, good advertising and yelling motivational quotes at your customers in random gyms to start.
