The most profitable business in Russia is in the sphere to which the entrepreneur’s soul lies. In other words, you need to do only your favorite thing. However, this business must still be recouped and bring a certain income. Therefore, before determining the field of activity, where to organize a profitable business, you must first select the most popular industries.
Which business is considered profitable
In today's market, the most numerous are representatives of small and medium-sized businesses. After all, it is in them that any subject can begin to function quickly, independently and without significant investments.
The main criteria for the "level of profitability" of a business are:
- The rate of return of funds invested in the business. This is in this case the operating cycle. For example, from the acquisition of goods to receipt of money (in fact) from its sale, a minimum period of time should be spent.
- Demand. A profitable business can only be carried out in an accessible target audience, potentially interested in certain services.
- The cost of materials and raw materials. Both current costs and profit depend on it.
- Profitability. This indicator is closely related to the two previous ones. Thus, profits will increase simultaneously with sales.
- Return on assets. This indicator characterizes the effectiveness of investments and their proportionality with the profit.
Opening a profitable business is easy
When organizing their own business, it is advisable for a novice entrepreneur to be interested in the political and economic situation in the country. This is the only way to determine the most profitable business in Russia today. It is necessary for yourself to identify the main indicators for each desired type of activity, to monitor the expected results for them.
As a simple example, the article deals with the sale of basic necessities. This activity can be classified as a profitable small business. Analysis of its effectiveness was carried out according to the five criteria that are given above.
- The cash flow rate is quite high. For example, a purchase was made in the store of bread and milk, which will be sold out over the next few days.
- Demand for the same bread, matches and soap will always be, regardless of whether there is an economic upsurge or crisis or war.
- Low cost of goods with a huge selection of suppliers, while the margin is set independently by the seller.
- A direct relationship, expressed in the following: large sales volumes lead to high profits.
- High business efficiency due to good sales and inelastic demand.
The following activities can be classified as a profitable business: beauty and entertainment industry, catering, wholesale, repair services, tourism and advertising, installation and subsequent maintenance of equipment, Internet trading, logistics, transportation and educational services.
Deciding on a specific area of ​​activity
It is necessary to take into account the fact that, given some instability and the transitional state of the economic situation, it is not enough to identify the most profitable business in Russia, based only on standard economic parameters. It is also necessary to remember about bureaucratic and political obstacles, high competition and mentality in some areas, as well as the low development of certain types of activities. Therefore, each novice entrepreneur must decide what he is ready to face in order to achieve effective work. There is no need to abandon those niches that at first glance seem unpromising and clogged, but using special tools to organize the most profitable business in Russia.
The main types of successful business
- Advertising business. Many trade and understand that advertising is the engine of their activities. Despite competition, demand will always take place. Advertising agencies make up a fairly large segment of the service industry. At the same time, they continue to develop actively in the future. Therefore, as a profitable business, advertising can be considered.
- Trade. Today it’s hard enough to break into the market with everyday goods. However, there is an alternative to it - online shopping. This is a very profitable business in Moscow, gradually gaining momentum.
Opening a business in Moscow
The capital is a city of great opportunities in which every citizen tries to take his place. Businessmen are no exception. Consider the main activities that make up the category of "profitable business" in Moscow.
Small loans
In the first place is the implementation of activities in the field of small loans. Today, many offices have been opened in which small amounts of cash are issued at high interest rates. Thanks to such a high percentage, businessmen also receive income. This type of activity is profitable, despite minor investments at the initial stage.
Grocery stores and food outlets
In second place may be the sale of food. Despite the large number of such outlets in the capital, they are often located near residential buildings and therefore are quite in demand. At the initial stage, small financial resources are needed to pay rent, purchase goods, pay salaries to employees and the costs associated with obtaining various trade permits.
Placement of fast food tents can be considered as a profitable business when such tents are located, for example, on the forecourt. This is due to the significant costs of renting or buying premises, which can be repaid due to the high turnover of the cost of services, due to the large number of visitors (departures).
Sale of medicines, perfumes and personal care products
This type of business is in third place at a profit. Opening at least one pharmacy in one of the central regions will give its organizer a substantial income, which can be comparable to the profit of several similar institutions, but in a residential area.
The profitability of the business selling personal care products and perfumes is associated with the constant need for hygiene products for every person. The payback of this type of activity in Moscow is much higher than in other cities. The positive point is the relatively small costs associated with the acquisition of products and payment of rental premises.
Ground transportation services
The payback of this business is guaranteed thanks to the annual increase in tariff rates for travel. At the same time, the costs of paying taxes, paying employees' salaries, gasoline and rolling stock maintenance often remain at the same level.
The medicine
And finally, the last place in the list of profitable types of business is the provision of medical services. Among the advantages of this type of activity are the following: insignificant staff, small rented premises and medical equipment.