Even so, knowing how to select the most profitable opportunities can be an art form in itself, which means any advice should be gratefully received, right? Well then, luckily for you I’ve been buying and selling small companies for the last ten years, and in that time I’ve learned quite a lot about spotting innovative ideas that are almost guaranteed to make you rich. With that in mind, here are a few you might like to try out as we move into 2014.
I know it might sound odd, but the industry surrounding coaching for business is absolutely massive at the moment in the UK and abroad. With so many people looking to become their own boss and improve their overall quality of life, there has never been a better time to get involved. For this, you might want to consider buying an established franchise, as you’ll get all the help you need when starting out. Check out these ActionCOACH reviews to see if this opportunity would suit your current situation.
Now everyone has at least 1 computer in their home; millions of business owners around the world are realising the strength of the online market, and so they’re scrambling like crazy people to get a piece of the pie. This means that increasing amounts of advertising budgets are now being spent on internet marketing – a very interesting field to work within. Only last week I heard about a gentleman who got involved with this 2 years ago and managed to sell his two-man company for £1.6 million.
Yet another benefit of the internet, businesses providing virtual assistance have been doing very well throughout most of 2013. This is because many firms have realised there’s no longer a need to employ full time staff members for basic tasks that can be completed by contractors online. Obviously, you’ll want to employ other people to do all the actual assistance, but the profits will be high, giving you chance to concentrate on your eventual expansion.
If none of those ideas tickle your fancy, then perhaps you should spend some time researching others online. There are some great blogs and websites designed for helping you with this kind of thing, so get on Google and see what you can find.
Peace, love and profitability!