3 Highly Profitable Business Opportunities You Won’t Find on Craigslist
Building a new business is exciting. You’ve got a blank slate to be creative and innovative, along with the potential to become highly successful. With so many available options, how do you choose which type of business to start? Do you need to create your business from scratch, or can you find success in a franchise?
While you don’t need to start from scratch to be successful in business, you do need to start with a product or service people want or need. If you’re looking for some profitable business ideas beyond the usual pizza joint or a taco stand, here are some unique opportunities to consider:
- Kona Ice
Kona Ice isn’t your average shaved ice business. It’s a mobile franchise that gives you the opportunity to set your own hours while providing a fun experience for your customers. While most mobile franchises require you to purchase your own truck and figure out how to set it up, Kona Ice provides one for you.
Their truck, called the “Kona Entertainment Vehicle” (KEV) is approved by the National Sanitation Foundation, which means no matter what state you live in, you’ll have an easier time meeting health code standards.
Part of what sets Kona Ice apart is their commitment to high quality ingredients. Their products meet nutritional standards required for US schools, and they don’t use chemical sweeteners. They also provide outstanding corporate support along the way.
The most interesting benefit to owning a Kona Ice franchise is their fixed royalty. Most franchises charge a set percentage of sales, and the more successful you are the more you have to pay. Kona Ice charges one fixed royalty amount, allowing you to be as successful as you want without having to give up more of your profits. Read more about what makes them different and see if it’s the right choice for you.
- FedEx Contractor
While FedEx isn’t franchised, some of its delivery routes are owned by independent contractors. In those cases, contractors are paid weekly by FedEx, which decreases the need for working capital and eliminates the need to chase down late payments from customers.
How FedEx Contractor Delivery Routes Work
First, corporate FedEx employees sort packages destined for local delivery. Then contractors come to the local hub to pick up the packages for their delivery routes. It’s that simple. Delivery routes are purchased from existing FedEx contractors, and not directly from FedEx.
Going with a Trusted Brand
FedEx is one of the most trusted mail carriers in the US, and it’s loved for its guaranteed service as well as its low prices.
- Sears Franchise
By now, everyone’s heard of Sears department stores, but did you know they offer five different home service franchise opportunities? You can franchise the following home service businesses with Sears:
- Maid services
- Handyman solutions
- Garage solutions
- Carpet and upholstery cleaning
- Air duct cleaning
Sears has been a trusted household brand name for over 125 years, and you can use that to your advantage when selecting one of these franchise opportunities. Sears’ home services are currently a multi-billion dollar business, as they receive over 12 million service calls per year.
Ongoing Expert Support
With a Sears home services franchise, you’ll be under the direction of veteran home service professionals—people who know the industry inside and out.
Turning Your Business Venture into a Success
When you’re thinking about starting a business, naturally you want to know what the most profitable opportunities are. It’s easy to think that finding a good opportunity alone will guarantee success, but according to the US Census Bureau, 400,000 business are started every year while 470,000 fail each year. Chances are, many of those businesses were good opportunities, so why did they fail?
There’s a simple explanation for this alarmingly high number, and once you thoroughly understand the reason, you can avoid becoming just another failed small business statistic.
Shift Your Mindset to Avoid Statistical Failure
Many businesses fail when they were created only for the money. That’s a logical reason to start a business, but if that’s your main reason, then every decision you make will be driven by its potential effect on your profits.
This mindset doesn’t work long-term because when money is your main goal, you’ll be more likely to take shortcuts to save money.
Value Is What Sustains a Business over Long Periods of Time
When you build your business with the goal to provide value for people first, you’ll be more likely to make decisions that support your business as a whole, including your customers.
If you’re ready to start a business that provides value first and foremost, consider a franchise with an existing trusted brand. Then take it to the next level and deliver superior customer service and exceed expectations, and you’ll be able to sustain your success over time.