The Most Profitable Types of Small

The Most Profitable Types of Small Businesses
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The 10 Riskiest Industries in America
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What Industries Venture Capitalists Are Hot For
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CATHERINE CLIFFORD
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AUGUST 14, 2014
If you’re aiming for a lucrative business idea, it may be time to brush up on your number-crunching skills.

Accounting services topped the list of the top 15 small-business sectors by net profit margin over the last 12 months, according to Sageworks, a financial information company. The list was compiled using a database of more than 1,000 financial statements from private companies with less than $10 million in annual revenues.

The Sageworks data found that accounting led the pack in delivering the best profit margins, but service-based businesses in health care and real estate dominated the rest of the list.

Sageworks analyst Jenna Weaver notes that a lot of these service sectors are consistently at the top of the “most profitable” list. “Service-based industries often have very healthy bottom lines,” she says. “Their overhead and equipment costs are often relatively low, and much of the time, it doesn’t take a lot of upfront investment to get started.”

Related: Start a Service Business

Weaver adds: “Often times, in cases like consulting, accounting, and legal services, you can get started right inside of your house, without even worrying about renting a space.”

Check out the top 15 industries with the best net profit margins during the 12-month period ending July 31, 2014. For aspiring entrepreneurs, this may be the best place to start when considering new business ideas. (Note: Net profit margin has been adjusted to exclude taxes and include owner compensation in excess of their market-rate salaries.)

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The Most Profitable Types of Small Businesses
PROMOTED OPPORTUNITIES School of Rock School of Rock Request Free Info FranChoice FranChoice Request Free Info Kona Ice Kona Ice Request Free Info Mosquito Joe Mosquito Joe Request Free Info Great Clips Great Clips Request Free Info Tanya Benedicto Klich TANYA Benedicto Klich. Entrepreneur STAFF Data & Featured Lists Editor The 10 riskiest Industries in America READY tO LAUNCH The 10 riskiest Industries in America Mamta BADKAR The Top 5 Franchise Industries to Watch FRANCHISE The Top 5 Franchise Industries to Watch TRACY Stapp HEROLD What Industries Venture Capitalists Are Hot For READY. tO LAUNCH Venture Capitalists Industries What Are Hot for CATHERINE CLIFFORD 1.1k Shares AUGUST 14, 2014 If You're aiming for a lucrative business Idea, it May be time to brush up on your Number-crunching Skills. Accounting Services topped the list of the. top 15 small-business sectors by net profit margin over the last 12 months, according to Sageworks, a financial information company. The list was compiled using a Database of more than 1,000 Financial Statements from private companies with Less than $ 10 million in Annual Revenues. The Sageworks Data Found that accounting LED the Pack in delivering the best profit margins, but Service-based businesses in Health Care and. Real Estate dominated the Rest of the list. Sageworks Analyst Jenna Weaver Notes that a Lot of these sectors are consistently at the top Service of the "Most profitable" list. "Service-based industries often have very healthy bottom lines," she says. "Their overhead costs are often relatively low and Equipment, and much of the time, it does not take a Lot of upfront Investment to Get Started." Related: Start a Service Business Adds Weaver: "Often times, in Cases like Consulting,. accounting, and Legal Services, You Can Get Started Right Inside of your House, Without even worrying About Renting a Space. " Check out the top 15 with the best .NET Industries profit margins during the 12-month period Ending July 31, 2014. For. aspiring entrepreneurs, this may be the best place to start when considering new business ideas. (Note: Net profit margin has been adjusted to exclude taxes and include owner compensation in excess of their market-rate salaries.).