What are the most successful small businesses?

There are a number of successful small businesses. Several examples include car wash services, auto repair shops, mobile apps, vacation rentals, electronics repair shops, and academic courses. 

How long does it take for a business to become profitable?

In most cases, it takes two to three years for a business to become profitable. It  may take less or more time, depending on your particular business, target audience, and commitment level.

How do you decide which business to start?

To figure out which business is right for you, consider your skills, experience, interests, and passions. Also think about what you’re good at and how you can use your strengths to help a certain audience. 

Which small businesses make the highest profit?

Some small businesses are more profitable than others. These include business consulting, IT support and repair, accounting and tax preparation, auto repair, real estate, and cleaning services.  

About the Author

Anna Baluch

Anna Baluch

Personal Finance Writer

Freelance copywriter who enjoys writing for large publications as well as startups, small to medium sized businesses.

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