Types of businesses that are the most profitable in 2018

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Some companies are inherently more profitable than others. This may be because costs and overheads are low or the company charges a high fee for its services or products. Yet, no matter how profitable, all companies can be a challenge to get started. The first question often asked by someone venturing into a new business is: What are the margins in this particular industry? While revenue growth is something that everyone wants, if it is not profitable, it will cost you much more than you think. Before switching to a…

8 Great Franchises in 2016

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Franchises Investments Investing in a franchise is a reliable option for people starting their first business. You get a proven business model and a recognizable brand, plus a boatload of support while you cut your entrepreneur teeth. The best franchises aren’t necessarily the ones everyone knows about, but the following eight are great ideas to consider if you’re ready to invest in a franchise. 1. 7-Eleven The world’s top convenience store has been around for nearly 90 years! The name changed a couple of times before becoming 7-Eleven in 1946,…