what kind of business make the most profits a year.besides casino's?the reason i ask is becuse i am seriuosly thinking of starting a business for money only reasons...
2006-07-15 06:13:16 · 12 answers · asked by antho c 2 in Business & Finance ➔ Other - Business & Finance
Businesses that make most money are big businesses. Ten most profitable companies in the U.S. in 2005 were Exxon Mobil, Citigroup, Bank of America, General Electric, Chevron, ConocoPhillips, Microsoft, Wal-Mart, AIG, and Altria.
2006-07-15 06:31:12 · answer #1 · answered by NC 7 · 0⤊ 0⤋
Insurance companies as well as the finance companies that fund insurance premiums. They make anywhere from 30-40% interest legally on the money and if the person defaults they just cancel the insurance.
I know an attorney that finances premiums on the side with a line of credit he has at a bank. He pays in the single digits on his line of credit, then funds the premiums with it and charges 36% with an almost negative default rate since everyone needs insurance.
If you don't believe me figure out your own insurance bill and see how much the monthly payments are costing you!
2006-07-15 16:13:06 · answer #2 · answered by Sam B 4 · 0⤊ 0⤋
Florists can see a consist ant profit of 10-15%. However, If you are starting your own business you NEED to pick something you care about. Doing something you hate just for money is not a good long term goal. Doing something you enjoy will help you get through the rough patches (and there will be plenty of rough patches)
Chasing the almighty buck is a hollow endeavor indeed. Making money doing something you care about is the epitome of happiness.
2006-07-15 13:20:23 · answer #3 · answered by damndirtyape212 5 · 0⤊ 0⤋
Compared to offline businesses, the investment required to start an online business is minimal. A popular way of earning money on the internet is by providing information and services. This can be monetised by advertising or charging a subscription. You can also make money online by selling products on auction websites like eBay or through your own website. More information available at http://tinyurl.com/syw6m
2006-07-20 14:05:02 · answer #4 · answered by lalraniusha 3 · 0⤊ 0⤋
There isn't any easy, high profit, business to get into. If there was, we'd all be rich. If you want a business that takes little time and turns cash, open a Laundromat or automatic car wash.
2006-07-15 13:43:30 · answer #5 · answered by Overt Operative 6 · 0⤊ 0⤋
Well, depending where in the world - best always is to help others making a lot of money...!
2006-07-15 13:21:49 · answer #6 · answered by swissnick 7 · 0⤊ 0⤋
Usually illegal ones, i.e., drug's, guns, stolen cars and pimping prostitutes! Of course if you're caught they do more than sell off your stock! LOL
http://www.total-knowledge.com/~willyblues/
2006-07-15 13:18:43 · answer #7 · answered by Anonymous · 0⤊ 0⤋
porn shops, up to a million in profits in one quarter......
2006-07-15 13:17:41 · answer #8 · answered by highgamer6969 4 · 0⤊ 0⤋
computer software, real estate, parramaceutals, banking
2006-07-15 13:17:43 · answer #9 · answered by King Midas 6 · 0⤊ 0⤋
a beer garden ;)
2006-07-15 13:18:09 · answer #10 · answered by MillionaireKing09 2 · 0⤊ 0⤋