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With the help of Sageworks, a Raleigh, N.C.-based private-company data provider, Forbes.com has identified 10 time-tested, comfortably profitable businesses--on a pretax basis--that aspiring entrepreneurs might hope to launch.
While based on U.S. companies, the data also shed light on global profit trends. Average pre-tax profits ranged from 8% to 13%.
Read the article here...
Seven are mentioned specifically:
Sound Recording Studios
Event Planning
Mining Services
Poultry Farming
Chemical Manufacturing
Infrastructure Support (railroad maintenance)
Grant-making and Giving services
What do you see as the common factors in this list?
Many are services. Narrow but deep niches. In some cases, high cost of entry. What else?
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