5 Most Profitable Small Businesses to Start in 2023

3. Home Cleaning Services

Net Margin: 28%

Businesses offering home cleaning services can expect to earn up to $100,000 in profits per annum. The business has a high net profit margin due to people prioritizing hygiene and cleanliness in their homes. Future prospects for this industry look encouraging as well as there are no indications that demand for home cleaning services would decline in the coming years. Between 2023 and 2033, the home cleaning services industry is forecast to grow at a CAGR of 6.5% to reach $14 billion in 2033.