The most profitable industry for small businesses is accounting and tax preparation services. This also includes bookkeeping and payroll services. With an average net profit margin of 18.4%, these services are among the most profitable business ventures.

Here are 10 of the most profitable small businesses as ranked by Sageworks in order of average profit margin and listed with the corresponding North American Industry Classification (NAICS) Code. For comparison, the average profit margin of companies on the Standard and Poor’s (S&P) 500 was 11% in 2017.

Financial information company Sageworks has released itsranking ofthe most profitable industries. By analyzing the financial statements of privately held companies and scaling net profit margin.

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(An updated list of the most profitable industries is available here, and a more recent list of new-business ideas is here.) One of the first questions to ask before starting a business is, "Can.

In this list of business ideas for the year 2019, without a doubt you will find some of the most successful small businesses. But it is you who will decide what are the best businesses to start. If my 121+ most profitable opportunities aren’t enough, you can always try to generate business ideas by tapping into your own interests and.

And searching for profitable investment opportunities in Canada?.. Most small businesses in Canada look for professional accounting firms for their accounting .

Back in 2015, Target Corporation decided to close all of its 133 stores in Canada. to become profitable. The company reported approximately $5.4 billion in losses during the final quarter of 2014,

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Top Ten Most Profitable Business in Canada. For example, the Canadian National railway which is the largest in Canada employees over 22,000 employees and serves over 75% of the United States population. It also serves all major Canadian cities, transporting over $250 billion of goods annually.

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