If you are going to start a business, don’t you want to make sure it is profitable? Who cares about revenues if there’s nothing left over after you’ve generated them? Forbes does a great job with the help of Sageworks, a Raleigh, N.C.-based accounting consultancy and private-company data provider, assembling a list of the 10 most profitable businesses–on a pre-tax basis–that entrepreneurs might want to launch. The data is based on financial statements from nearly 100,000 companies with sales under $10 million, bucketed according to their Internal Revenue Service classifications. One clear conclusion: Specialized (and expensive) training pays off.
This was done in 2009 but I think it still true.
The TOP Businesses:
No. 1: Accounting Services
No. 2: Legal Services
No. 3: Dental Services
No. 4: Specialized Design Services
No. 5: “Other” Health Practitioners
No. 6: Outpatient Care Centers
No. 7: Insurance Brokers
No. 8: Physicians’ Offices
No. 9: Medical And Diagnostic Labs
No. 10: Depository Credit Intermediation
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