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FitnessTycoon

posts: 4

Jan 30, 2008 8:08 AM ET Quote Report Abuse

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Hi Everyone.

I was just wondering what everyone here believes are the business`s/industrys with the highest profit margins? Any one got any insight into this

Thanks

Dave

spungey

posts: 39

Jan 30, 2008 10:12 AM ET Quote Report Abuse

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A few thoughts come to mind:

1. Banking (especially if you`re the central bank)
2. Pharmaceuticals
3. Smuggling
4. Any "regulated" industry (like energy and other than banking)
5. Pornography
6. Writing (only if you count your labor a zero cost based)

-------------------------

--
Richard Johnson
New Ideas for a New World

EngineersCanSell

posts: 163

Jan 30, 2008 12:58 PM ET Quote Report Abuse

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I`ve heard jewelery and furniture rank right up there, but I don`t have any experience with either - on the selling side anyway.

MNGrillGuy

posts: 236

Jan 30, 2008 4:46 PM ET Quote Report Abuse

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Gotta be home/appliance repair. I paid $200 to have some dust removed from a furnace! 15 minute job.

-------------------------

Travis Tschepen
Hibachi Bros. LLC

--My goal in life is to be as good of a person my dog already thinks I am.--

FitnessTycoon

posts: 4

Jan 30, 2008 5:46 PM ET Quote Report Abuse

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Thanks everyone. Any other ideas?

CraigL

posts: 9051

Jan 30, 2008 9:56 PM ET Quote Report Abuse

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Gadgets and knick-knacks.

vapourlock

posts: 72

Jan 31, 2008 12:39 AM ET Quote Report Abuse

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I am with Spungey on writing.

Writing
Arbitrage anything. Low supply/ High demand.
International Trade.
Web based business - Better than full-fledged print publications and mags anyday. You got to plan well for this, though.

0.02 $

Vapourlock

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Hire Me To Write For You Join for Free &Throw Open Your Life to Change
Bid and Win Insane Deals

spungey

posts: 39

Jan 31, 2008 1:02 AM ET Quote Report Abuse

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commodity futures and currency trading. (95% leverage, typically.)

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--
Richard Johnson
New Ideas for a New World

RicWillmot

posts: 154

Jan 31, 2008 8:29 PM ET Quote Report Abuse

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Executive Wisdom Consulting Group.

And, I say that unashamedly with care and consideration; I think way too many people in the professional services industries undersell the value they deliver to their clients.

Rgds,

Ric

-------------------------

Ric Willmot
Executive Wisdom Consulting Group
www.ExecutiveWisdom.com
info@executivewisdom.com
Blog: www.ricwillmot.com

Founder of the Society for Executive Wisdom
www.ExecutiveWisdomSociety.com

Strategy for Professionals: www.strategyforprofessionals.com

entreprenative

posts: 3

Feb 01, 2008 12:02 PM ET Quote Report Abuse

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vapour,

I am actually in the middle starting a "full-fledged" publication and know that there is the alternative "e-zine" but. . . in reviewing your submission I am reconsidering my options. We WOULD like to jump in to a web-based venture and I`d appreciate any input you have in terms of the benefits of being completely digital. But we are talking about a niche publication.

Awaiting your feedback.

Waylon Pretends Eagle

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