I ran across this interesting article today on Forbes.com. Forbes took a look at 100,000 small companies (revenues < $10M) and examined their pre-tax profits.
Good news for me - accounting services ranked #1 as the most profitable business to start, with an average pre-tax margin of 25%! The theme I got from the top 10 and bottom 10 businesses is to:
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Keep your fixed and variable costs LOW, and
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Provide a service that requires some kind of specialized knowledge.
And as always, developing and maintaining relationships is of utmost importance.
[...] to Up the Ladder for pointing the [...]