The 11 Most Profitable Service Business ideas
Tangible products have no value without services. We require different services for our different needs. For example, banks will be offering us service as long as we need money for any purpose. Similarly, barbers will exist as long as we need hairdressing.
If you’re having trouble in deciding what kind of business to open in the service industry, here are the 11 most profitable service-related small business ideas for you.
As a home-based accountant, you can contract out your services to other businesses. You will want to charge more per hour than you would work for someone else because your clients are getting a good deal by not having all of the expenses that are related to having you on their staff.
2. Scheduler for small businesses
Statistics show that companies get more business when a live person is there to take their call, as opposed to using an answering machine. Therefore you would be a valuable asset to many businesses that can’t afford to have someone on staff for answering phones. You could also schedule appointments for a self-employed person while he or she is out working with a client.
3. Wedding planner
This person is in charge of organizing and securing the necessary and desired services involved in a wedding. You could charge by the hour or a percentage of the total wedding costs. You would have to be willing to work most Saturdays, in addition to the weekday work necessary in planning a wedding. This business requires excellent people skills, and an ability to remain calm under stressful situations when things don’t go as perfectly as planned.
4. Adult daycare
You may want to specialize in caring for the elderly while their regular caretakers are at work, or in caring for adults who are mentally challenged and require care and supervision.
5. Plant service
You would be providing plant care for business offices, restaurants, etc. Some companies rotate the plants each week so that the ones in the office are always in the best condition.
6. Personal trainer
This would be a good business for someone that is in great physical shape and is good at motivating and teaching others how to safely and effectively improve their physical fitness.
7. Putting together photo albums
Many people have several years worth of photographs sitting in boxes when they wish they were all organized in photo albums so they could view and appreciate them. Many people don’t have time to do this themselves and are willing to pay a professional to do it for them. You can charge by the hour, or by the page.
8. Pool maintenance
This service can usually be performed on a weekly basis. You can market your business to hotels, apartment managers, and homeowners with swimming pools.
9. Errand service
Many busy people don’t have time to do simple errands, and it can be less expensive for them to pay you to do it than it is to take time off work to do it themselves.
10. Non-medical elderly care
In this business, you may want to offer light housekeeping, errand services, transportation to appointments, meals, companionship, etc. for elderly people who live alone and can’t do everything for themselves anymore, but do not require constant supervision or medical care. This service could be very valuable to their loved ones who live far away and can’t check up on their parent or grandparent to see how he/she is doing as often as they would like. And it may allow the client to live in their own home and remain independent longer than they otherwise would be able.
11. Children’s taxi service
Do you love to drive, and you love children? You may want to consider starting a children’s taxi service in your area for the parents who are unable to transport their children to all of their after-school activities. You will need a very safe driving record, and enough insurance to cover any unforeseen problems.