Welcome to our platform where we reveal mind-blowing ideas that might help you a lot to succeed in your business career. Today we have analyzed the top 5 businesses that make profits of more than 100k per month. Surprisingly these are normal businesses you know. Not the multi-billion businesses you might think of, but they are the local small-scale businesses you know.
Let’s get into it;
- WINES AND SPIRIT BUSINESS
Working for days and nights throughout will make you a slave to work. People enjoiy life out here while you kill yourself with work. Sometimes take an off, and go drink two beers with friends to refresh the mind. That aside. Wines business has done it, this business has grown wildly over the years as the population increases. Starting this business is quite simple.
With a capital of 350k and all the government requirements, you are ready to start and run this business. A great number of people spend a lot of money on alcohol than what they spend on food in a single day. Investing in this business with good stock is guaranteed to yield 100k every month throughout the year.
- YOUTUBE AS A BUSINESS.
Youtube is making a lot of money and no YouTuber will want you to know this. These people lot in a single month. Venturing into this as a business requires you to have a good video recording tool, or you can also opt to use your mobile phone when starting. This requires no capital to invest, sounds cool but you have to make a lot of effort to make it.
Youtube requires you to have at least 1000 subscribers and a minimum of 4000 view hours for you to qualify for the sweet money. It doesn’t matter the country of your residence. If only you can make friends and family subscribe to your channel and make sure they watch your content that beginning is healthy. One important thing is that you need to have consistency in this, it doesn’t come on a silver plate. So you need to work hard and not give up on the process. Once the target is attained be sure to be making more than 100k every month for the content you upload.
- HOME DÉCOR AND CLEANING SERVICES
In recent years working from home has brought up big lifestyle changes. If you have a talent in décor then starting this kind of business should be your thing. Most people want to spend time in beautiful houses with unique designs. This is a business opportunity with a wide market if you have a passion for creating new designs of home décor.
These are some of the tips to make you stand out and manage to make 100k every month from this business;
- Create unique designs
- Identify your market
- Have a plan
- Have all governmental documents
- Have an online presence
- Get your suppliers
- Get enough manpower
And start your business right away
- GARBAGE/WASTE COLLECTION
Most people see this as dirty worth, but this business is making out a lot of money. This business is only done in urban areas where there is no proper garbage disposal. Most of these business owner pocket profits of more the 100k monthly.
Let’s do some simple mathematics. Let’s say you have 80, clients who own rental houses, you are required to collect that garbage once every week. Each pays 3000 every month for garbage collection. 20k goes to fuel, 30k goes to where you dump, 60k for workers, 10k insurance and 20k for emergency. In the end, you are left with approximately 100k profit. In this market getting more than 80 clients is easy, just good marketing will work the magic for you.
- CARWASH BUSINESS(SELF EMPLOYED)
The requirement is to have a spacious space beside a very busy road near very big businesses like restaurants and clubs. With that at hand, you have made it. In this carwash business, you see more than 7 cars in a line awaiting to be cleaned every day. Someone behind that carwash is pocketing more than 100,000 every month.
Although it requires high capital to start, once started and it stabilizes it’s done for you. A carwash is a very simple business that you couldn’t imagine could be making such huge profits.
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