Published on 21/07/2018 by Any Business.Com.Au

Little effort big reward: easy to run profitable small businesses

Every entrepreneur dreams of running a low-maintenance business that reaps a healthy profit - little effort for big reward.

It may sound like the stuff of fiction, but savvy Australian business owners are making it a reality.

Some businesses are inherently more profitable than others. This can be due to expenses and overheads being low or the business charging a lot for its services or products. Still, all businesses, no matter how profitable they are, can be a challenge to get started.

Check out our list of some of the most profitable small businesses to set-up and get running in the black right of the bat.

Tax Preparation and Book-keeping

Without needing fancy premises or expensive equipment, tax preparation and book-keeping services come with low overheads. Furthermore, the standard rate for quality tax preparers and book-keepers is a decent salary to live on. You'll obviously need to be good with numbers here.

Catering Services

You don't need expensive premises to run your own catering business and could even operate your service from home, keeping overheads to a minimum. People and businesses are willing to pay for quality caterers, making this business profitable for those who work hard and have determination to succeed.

Website Design

Websites have become the 'windows of every successful business', hence quality and creative website designers remain in high demand. Again, low expenses and high rates make web design a lucrative business to run, providing you have the creative and technical know-how that is.

Business Consulting

Businesses are willing to invest in quality business consultants who can help them achieve the results they are looking for. They're also willing to pay hefty amounts for the right advice, which, tied in with low overheads, makes business consulting a profitable business to embark on.

Of course effective business consultants do require sound business acumen and knowledge, so this isn't necessarily the right fit for everyone.

Courier Services

Other than the outlay of your vehicle to deliver the goods, self-employed couriers don't have large overheads. Getting lucrative contracts from the major courier firms can prove profitable.

Mobile Services

With the fast-paced lifestyle most Australian's are now accustomed to living, mobile services will always be in demand. Furthermore, other than your initial investment in equipment/transport, if you run a mobile business your on-going expenses are surprisingly low.

Cleaning Services

All you need to start your own cleaning business is a vacuum, polish floor cleaner and, preferably, a car. With comparatively low overheads, little in the way of training required and a service which is always in demand, cleaning can be a rewarding business to get into.

Online Tutoring

You might be a math genius, a native Spanish speaker or a nifty guitar player. Whatever your talent, offering tutoring online can be a great way to earn an income with exceptionally low expenses.

In this field though, you've got to have skills that others want to learn.

Marketing and Design

Got an eye for a great logo and quality marketing materials? If so, you might be on your way to starting an online-based marketing and design business where you can charge a tidy sum while not having to fork out on expensive overheads.

AnyBusiness.com.au

Curtis is a leading expert in the business-for-sale industry, serving as a senior content creator at anybusiness.com.au.

With a career spanning over fifteen years, Curtis has accumulated extensive knowledge in the domain of business sales, acquisitions, and valuations. His deep understanding of market dynamics and his ability to translate complex industry jargon into accessible insights make him a trusted resource for entrepreneurs and business owners looking to buy or sell businesses.

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Little effort big reward: easy to run profitable small businesses

21/07/2018 by AnyBusiness.com.au

Every entrepreneur dreams of running a low-maintenance business that reaps a healthy profit - little effort for big reward.It may sound like the stuff of fiction, but savvy Australian business owners are making it a reality. Some businesses are inherently more profitable than others. This can be due to expenses and overheads being low or the business charging a lot for its services or products. Still, all businesses, no mat...