Most Profitable Small Businesses to Start in 2017

Most Profitable Small Businesses to Start in 2017

Small business will continue in 2017 to be the backbone of our economy, but what business are the most lucrative?  Service industries are still the most profitable small business since they cost very little to start up and you can keep your overhead very low.  Opening your own small business shouldn’t strictly be about profit it also needs to match your skill set.  Some of the most profitable small businesses can be started and run from the comfort of your own home.  So what are the most profitable small businesses to start in 2017?  Let’s find out. Accounting and Tax Services According Sageworks to the financial data service that looks at the financials of more than 16,000 small businesses accounting and tax services take the top spot with a net profit margin of 18.4 %.