Posted on June 9, 2019
Profitable business ideas
Strategy:
Here are some strategy to make profitable business:
1. Efficiently scale-able business: Anything that can be mass produced and sold efficiently. i.e. online products, subscription, low cost production and sales agent
2. Expensive items:
3. Trending goods and services:
4. Essential goods and services: If there is little competition your essential items will be sold.
5. Low cost and maintenance:
Ideas:
Online Business:
- Art and Design (outsource to production)
- Stickers for Social Media
- Online Websites and Apps subscription
- Youtube(for publicity and monotisation)
- Game Developer
- Online course
Low start up cost:
- Sales (ecom, auction, trade, wholesale, sales agent)
- Production (trending products, items, food)
- Food (catering, food truck, takeaway, village)
- Ewaste recycling
- Junk removal service
- Machine equipment rental
- Venue Events
Higher start up cost:
- Property rental (Airbnb, home and office)
- Property development
- Land (rental, agriculture and production)
- Trending brick and motor business
- Elderly care
- Laundry
- Freestyle manufacturer
- Franchise
- Mining
Complicated business:
- Office extension service (admin, marketing, social media)
- Green energy
- Recycling plant
- Business management
- Accounting
- Invention (support with Business)
