Every business owner knows that at the end of the day, high profit margins, high cash inflows, and low cash outflows are what keeps the wheels turning.
You can’t survive or be successful by just making a couple cents off your services here and there…
Companies that are smaller or medium sized shoot for the highest margins possible, and yet they’re struggling.
Why is that?
Is there a solution?
What you need are business ideas that pursue HIGH cash flow!
These are businesses that have huge profit margins and/or low overhead.
It’s quite simple, if you want a successful business, you need cash to constantly flow into your company.
Having high margins isn’t simply for getting rich.
High profit margins allow you to cover expenses and have the capacity to scale.
So now all we need to ask is “what type of businesses have high cashflow and high profit margins?”.
Well luckily for you, we’ve done the research for you and composed a list of the 6 Best Cash Flow Businesses In 2021
Franchising a well known company can offer high cash flow and really solid profit margins.
Take a step back and think about this for a second…
You are basically setting up a business with a company that has already proven itself.
That’s why McDonald’s franchises are so popular, it’s proven!
The fast food chains have a system that has proven itself time after time.
But it doesn’t work for just fast food chains, it can work for any big name business.
As long as you can front the initial (HIGH) capital costs and meet certain requirements, you can start generating cash flow based on their already successful model.
Sure, you might not be able to get into a McDonalds or Taco Bell franchise right away as those require over $1,000,000 liquidity…but you could still generate solid cash flow from businesses like plumbing, cleaning, and grocery stores!
But before you go all in with a franchise, here are some things you should think about…
#1. Industry-TAM & SOM
You need to know what the size and growth trends are so you can properly determine your “Total Addressable Market”. Next you will need to determine what your “Share Of Market” can be, based off your initial research.
#2. Local Market
You will need to do your due diligence on your local market. How many people are in it? How many competitors are you up against? What are some marketing strategies that can make you stand out?
You’ll need to make sure your location is always in tip top order and that your service is always looked forward to. Think about how Chick Fil A is known for its kind service and “my pleasure” attitude.
If you’ve got at least over $20,000 to invest for start up, there aren’t too many better options than a franchise.
Even though nothing is ever guaranteed, franchises included, getting involved with companies like these are typically low risk compared to other cash flow businesses.
There system of success has been proven to run like clockwork.
All you have to do to be successful is follow their rules, delivery models, and sit back to watch the money roll in.
Make sure you choose to franchise with companies where most of the legwork has already been done and systems are streamlined.
If you can do this, cash should almost flow immediately!
If you’re not interested in franchising, but still want a high cash flow business, check out this business model instead!
A home based business is basically just a word that describes a high profit business that you can run entirely from home with just a phone and computer.
In fact roughly 50% of the businesses in the US are classified as home-based.
The reason why these types of companies are so attractive to start is because their overhead is often minimal, start up costs are low, and the odds are in your favor to create a high cash flow company!
All those reasons listed are exactly why so many people find the digital real estate model so attractive.
With this model, you can choose to set up a property in just about any city and any service based niche across the world.
In doing so, you’ll create a mostly passive income that is infinitely scalable and has 90% profit margins.
Home-based business usually offer a stress free environment, allow you to grow, and LOW start up costs along with those awesome margins.
Generally speaking you can get started with a home based business for less the $6,000!
Hear us out…
By working from home, you automatically get rid of the 1 hour average commute. This saves you time AND money.
Beyond that and working your own hours, you can have tax benefits too. For example, you can claim a portion of your home and its amenities on your taxes when tax season comes.
And if you do it, home based businesses can be some of the most profitable businesses ever with a more than insane net income!
As long as you genuinely care about your customers and build out long term relationships with them, you can expect a solid and consistent income for years!
Even though a home based business can have some pretty awesome advantages, be sure to study up before you go investing thousands of dollars into it…
You’ll want to research things like:
How To Minimize Home-Based Business Costs:
Depending on what business you choose, many of them are seriously lucrative!
Here’s a list of the most popular work from home businesses to date:
Trending Home-Based Business Suggestions For 2021
When choosing a home based business with high cash flow, you’re opportunities are endless. However, you still need to commit several hours of your time and energy into it since it’s all up to you.
To find out about the one work from home business that has people earning $15,000 per month WITH 90% profit margins… skip to the bottom or click here!
Real Estate is definitely a tough industry to talk about.
There are several people with really stark differences of opinions
What’s undeniable though is that the real estate market is one of the best high cash flow businesses in 2021!
Your first step would be to figure out what property you want to rent out. Do you want a single family home, multi family, or apartment building?
Your answer there will help you determine what kind of financing you will need to acquire.
If you can get good at these two steps, building selection and financing, then you will be on your way to successfully enjoying the high profit margins of this passive income model.
The home will be entirely owned by you. You have the mortgage after all. In doing so, you have the ability to seriously leverage your earnings.
In our opinion, the best way to start would be by purchasing a 2 family home.
That way you could charge the tenant rent that covers your mortgage payment and property tax!
Draw up your landlord-tenant agreement so the inhabitants are responsible for utilities, and all amenities and your monthly expenses are next to none.
Next all you would have to do is write up a landlord-tenant agreement where they are responsible for utilities and BAM your monthly home living expenses are virtually FREE.
Just take a step back and think of all the advantages that come with leasing a property for a second…
This model has a very successful track record that has produced HIGH PROFITS for investors over and over again. In fact, many experts consider the real estate market to be a more stable investment environment compared to that of cryptocurrency or the stock market.
Renting out property is perhaps the oldest wealth builder of all time! However, unless you have $50,000 to start with…it can be hard to get meaningful cashflow.
If you want a business that can cash flow almost immediately, check this one out!
A retainer business focuses on upfront payment for services you will use in the future repetitively.
A good example of this would be lawyers, marketing professionals, and consultants.
The retainer model funds the initial expense you’ll have at first, and offers that desired high cash flow on a regular basis.
Even though you aren’t guaranteed a certain outcome and can be refunded as needed, it is a near perfect way to secure a steady stream of income over a period of time.
Think of it like this.
By having a retainer, you are guaranteed to receive payment for all the services you provide a client.
In a way, you should never expect to be out of pocket for any expenses.
And if the work costs more than the initial price, you simply let them know and ask for more.
It’s a win-win.
If you complete the project for the client in less time and money than was initially planned, it’s as simple as refunding the customer the appropriate amount.
However, if you aren’t the most confident in your skills yet…you may want to stray away from the retainer styled business as it requires a strong level of confidence.
You will need to be able to build up trust and confidence with your clients so that they BELIEVE you will be able to PROVIDE them with the results you claim you can provide them.
But just like any other business, it does have it’s pros and cons…
Even though a contract can help save some of the payment issues, there are still risks…
For example, one of their checks could bounce or your contract can end.
But as long as you manage your relationships properly, you can keep these risks to a minimum!
However, if you like the retainer model, but aren’t a fan of how you can be left at any moment without any sort of value…THIS BUSINESS IS FOR YOU!
You will have an asset that is producing value daily that doesn’t depend on hourly retainers!
Being able to succeed right out of the gate with a business that has high cash flow isn’t as easy as just snapping your fingers and setting up shop.
Business owners who do have the nice profit margins and the consistent cash flow are the ones who have tried several different methods that place the customer as top priority.
When you succeed at providing high quality service, value, and work ethic, you will start attracting and keeping life long customers.
Service based industries are one of the ways you can profit off this “customer first” method.
As soon as you have created a trusted relationship with a customer, by say, fixing their leaky pipe in a timely manner…they won’t ever call anyone else as long as your available.
The trade industry is valued at a whopping $425 Billion dollars. It’s safe to say, there’s a lot of money to be made.
The trades are as popular as they are because you will always need a service to be done. You’ll always need tree service providers, roofers, and plumbers.
And they’re recession proof! People will always need someone to fix their air conditioning, utility box, and roof!
However, even though the space has a lot of need…it is highly saturated with competition.
But if competition doesn’t really scare you, then here are a few things that will allow you to maintain high cash flows and profit margins…
Securing Profitability With Service-Based Businesses
Partnerships: It’s always great to be the go to guy and a market. You’ll quickly become the favorite if you can recommend other products or services!
Be creative! When you create and act upon new ideas, that can help separate you from your competitors!
By offering unique marketing tactics, you can capture customers in ways that your competition is missing out on!
If you follow the steps laid out by those before you, along with a thorough business plan, you could have your own successful service based business!
But if you don’t like the idea of creating a job for yourself or constantly trading time for money…then keep reading for our #1 High Cash Flow Business Recommendation!
Where this other business model falls short is in scalability. Because in order to make a good amount of money with real estate, you have to have several different properties.
And who has the capital for that right away?
But what if you went local?
With Local Lead Generation, you will be getting service requests from multiple sites at every minute of the day from people who are willing to pay a lot of money for what you can provide them.
I was watching a YouTube video once where the host made a comment that it isn’t about making a lot of money from one website… it’s about making a little bit of money from lots of different websites.
So, think of it this way….
What if you could have streams of investment income where you operated 10 rental units that you could charge anywhere from $750-1,000 per month?
That’s $7,500-10,000 per month in passive income!
What If You Invested Into 100 Rental Units?
But instead of spending $Millions to build houses or apartment complexes… you spend a couple hundred dollars to build websites.
You then get those websites ranked in the search engines for specific home-based services that customers are searching for.
Next, you offer your lead generation system to local business owners who are looking for customers and are willing to pay you for their information.
You’ve just created a Digital Real Estate Investment Empire that is potentially earning you 4-5 figures in PASSIVE INCOME on a monthly basis without spending a single dime on ads.
With conventional real estate, you have to compete with thousands, if not millions of others who are selling the SAME product to the SAME customers.
Once the training program is completed you will also have access to a Facebook group much better than any real estate group in our opinion. This group is much more active.
Unlike Real Estate, where you’re profiting maybe $250 per property, you could be getting 5-10X THAT.
With Local Lead Generation, the competition is virtually nothing and your profit margins are 85-90%.
Now, I could go on and on, but I’m sure you have tons of questions about how to create Digital Real Estate assets and start building YOUR digital empire!
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