What is the most lucrative type of business to start?

[Knowledge Quest]

Starting a business can be a great way to make money, but some types of businesses are more lucrative than others. The most lucrative type of business to start is one that provides a service, such as a web design business, digital marketing agency, or a freelancing service. These types of businesses often require minimal overhead and can be started with little capital. Additionally, by offering a service, you're able to set your own rates and control the amount of money you make.

 

[Bisolami]

Starting a business can be a great way to make money, but some types of businesses are more lucrative than others. The most lucrative type of business to start is one that provides a service, such as a web design business, digital marketing agency, or a freelancing service. These types of businesses often require minimal overhead and can be started with little capital. Additionally, by offering a service, you're able to set your own rates and control the amount of money you make.

I think online business is the simplest business that you can start and that does not require you to have a lot of capital

 

[Shavkat]

Personally speaking, having a business depends how important to people. At some point, enterpreneurs should know what businesses that reall suitable for them. It is a way how they can play along as their passion and interest.

 

[eldavis]

I believe the most lucrative business to start totally depends on your location. What might be considered as lucrative at your end might not be a hot commodity over here.

 

[Springtime]

If you are talking about starting an online business, the ones which require special skills such as programming, design, tech support make good money. For offline business, building houses is a very lucrative business in Hong Kong.

 

[uptrendfinancialsignal]

Involving in cryptocurrency investment is one of the ways to make money reasonably.