Woman prepares and photographs artisanal products for profitable small businesses.
A good way to start a business and be successful is through profitable small businesses , which allow you to offer products and services with a profit margin sufficient to grow in a sustained manner and achieve financial stability in a short time.
Knowing how profitable your business is is essential to know if it will be sustainable in the medium and long term. Profits not only pay off the investment made, they also allow you to grow and extend the reach of your company.
If you are looking to start a business, it is very number database important to focus on opportunities that allow you to obtain a profit margin that reaches or exceeds the break-even point in the shortest time possible, that is, that your income exceeds your expenses .
Although optimal profitability varies between segments and products, a healthy profit margin is considered to be between 10 and 20% . If your products or services earn you 20% or more in profit, then it's a very good business.
Among the segments that generate the most profits are food businesses, clothing sales, and services for digital markets. The sale of trendy items, cosmetics, and toys can also give you good dividends.
Start your own online business by creating your virtual store with Tiendanube. In this article we bring you 44 ideas for successful mini-businesses that you could start from home with little investment.
Let's go!
Boost your brand by creating your own online store.
44 profitable small business ideas
In this list of profitable small businesses you will find three main groups: food, products and services , along with tips and resources to help you during your entrepreneurial adventure.