Which business is more profitable to open today

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Today there are more and more people who seek to improve their financial well-being, to open their own business. The main problem that faces those who want to organize their own business is not even finding money, but choosing a production niche.

Your profit and the viability of the business depend on the correctness of this decision. In order to somewhat ease the torment of choice, we present in the article the most popular areas of business that are most common in our country.

Which niches are not completely filled?

If we talk about the situation in the whole country as a whole, then last year marketers identified the following promising areas of activity.

1. Traditional niche that always rotates players is trading.
2. Few normal manufacturers of food, furniture and FMCG.
3. Competition is weaker than ever in tourism, personal services and business consulting. It's not about the number of companies that do this business, it's about the poor qualityservices offered.

So what kind of business is more profitable to open in our country? First of all, pay attention to the small business segment, as recent legislative initiatives in the field of increasing the tax burden corny scared away many start-up manufacturers and opened the way for more competitive enterprises.

Utilities

In our country, private individuals practically do not master the housing and communal services sector. Of course, the number of management companies is increasing, but there are very few honest players among them. If you provide your customers with quality services at reasonable prices, such a business has very attractive prospects.

Going in non-standard ways

When deciding which business is more profitable to open, do not try to follow the generally accepted dogmas. So, few people believed in the profitability of artificial snow production in Russia … until the business owners literally got rich after Sochi. Given the pace of development of the tourism business in the North Caucasus, the prospects for this kind of "abnormal" undertaking become very interesting.

Important! Although this has been known for a long time, experts now especially warn against "hack-work" in their endeavors. Even the most profitable idea can be ruined in the bud by treating your customers like wallets on legs.

This is especially true in the food industry, where something indescribable has been happening in recent years. The absence of GOSTs and Federal Laws gave rise to so many violations andscammers that an honest manufacturer is able to easily make a lot of money, just following the production technology and producing tasty and high-quality products.

Startups and other "newfangled trends"

We remind you once again that conservatism in business is punishable by profits. When deciding which business is more profitable to open, look at the world more broadly: high technologies and mobile games, the production of nettops, etc. All this can bring you a lot of money.

Social media games

Remember what a stir the infamous "Jolly Farmer" caused in its time? More precisely, it was such only for the players, while the creators rowed money with a shovel. Thus, by investing in a potentially attractive game, you can become a millionaire.

There are a huge number of such examples. Recall at least "Angry Birds", which began as a stupid joke, and today bring their creators millions.

Cloud technology

Due to the lack of confidence in the major players in this market, many companies are beginning to abandon cloud computing. But it is not possible to do this completely, and therefore virtual data storages from third-party companies are becoming more and more in demand.

By organizing a cloud storage that is guaranteed to be protected from encroachment by customers, you can safely count on good fees from interested people.

Home Media Setup Services

In recent years, the number ofconsumers who buy sophisticated and functional multimedia systems for organizing home theaters. That's just the level of technical literacy of buyers often leaves much to be desired, so that the services for setting up this kind of equipment go with a bang. The main thing is to hire polite and tech-savvy employees.

Such a small profitable business will easily provide you with the required amounts of money.

Translation of technical documents

Until recently, almost every wall of the entrance was full of advertisements for the services of translation agencies. Unfortunately, almost all of them provide only the possibility of translating literary texts. Simply put, finding a specialist who could literally convey the meaning of a technical project is almost impossible.

Take advantage of it! The niche of technical translation is hardly a third filled even in large cities, not to mention the provinces. But the demand for such services is constantly growing!

Pet hotels

Thinking about what business is more profitable to open, in no case do not forget about pet lovers. After looking at thematic forums, you will determine one important nuance: if the owners of a dog or cat are going to fly away to rest in another country, they very often simply have nowhere to leave their pet. This market niche is practically not filled, and the cost of such services can be huge.

Private Veterinary Clinics

After looking at reviews of state veterinaryclinics, sometimes you can shed a tear. In many places, the situation is such that the reception of animals is carried out by people who do not have the slightest idea about veterinary medicine. However, this does not prevent them from demanding huge money for "treatment".

Thus, by organizing a normal clinic and hiring specialists, and not the first citizens you meet without a certain occupation, you will quickly unwind and acquire a circle of regular customers. Do not forget about strict control by the SES and Rospotrebnadzor. Of course, this is not the most profitable business, but at least 40% profitability is not bad at all.

Small pet shop

And back to the topic of pets. If you ever visited a pet store as a child, then you probably remember the incredible emotions that you experienced there. Even in large cities, there are not so many of them, let alone smaller settlements!

But they can sell not only hamsters and cats, but also pet food, fertilizers, drinkers and bowls, specialized literature on growing and caring for animals.

Meat and dairy stores

Continue the sore topic of nutrition. Many are already accustomed to the fact that even in large retail chains there is a far from illusory risk of buying simply spoiled meat and dairy products. This is especially noticeable in medium-sized cities.

So a very profitable business in Russia is the sale of fresh and high-quality agricultural products. Of course, you will need to get a lot of permitsdocuments from SES and other supervisory authorities, but it's worth it.

Recycling points

To the greatest regret, in our country there is still a very difficult situation both with the garbage itself and with its processing. This is especially evident in the spring, when literally tons of rubbish crawl out from under the snow.

Given the current situation, it is quite possible to turn it to your advantage. We are talking about organizing a collection point for plastic, glass and waste paper. Since at least minimal attention has been paid to the environment in recent years, secondary raw materials are quite readily accepted at processing plants.

Cafe

Yes, we anticipate your outrage. Of course, we ourselves said that you should not be banal in choosing an idea for a business, but it is also possible to open a business profitably in this case. In principle, in most more or less large cities there are cafes, but only the quality and taste characteristics of the food served there are in many cases extremely far from perfect.

So what is the best profitable food service business to open? In recent years, there has been an increased interest in pubs. Yes, this is an echo of the traditional UK, which turned out to be to the taste of our citizens.

Of course, we are not talking about banal pubs with a dubious contingent, but about restaurants where you can not only drink a high-quality foamy drink, but also eat delicious food. There is practically no competition in this area, so the prospects for this kind of business are huge.

Conclusions

And what profitable business can be opened? The advice is trivially simple: look for unoccupied areas, apply your imagination to the process. Opportunities to make money are plentiful so don't miss them!