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The Most Profitable Small Businesses of the Year

The Most Profitable Small Businesses of the Year

By | 08.30.16
The Most Profitable Small Businesses of the Year

It’s a good year for accountants and real estate agents, says Sageworks, an information company that collects the financials on privately held companies, and runs an annual profit-margins survey of small businesses by industry. Below, you can see the top 15 industries  for the financial year ending last June.

Some highlights:

  • Net profit margins range from 10% to 18%.
  • Service industries dominate the list.
  • 5 of 15 are in medical fields.
  • New to the list in 2016: warehouses and storage, businesses with low overhead and steady cash flow.
  • Real estate sales and leasing profits are on the rise, fueled by higher home prices and rents.
  • Accounting firms made the list for the third year in a row, with no end to taxes in sight.
Most Profitable Small Businesses

 

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