Generally, you can start any business and increase your profit to $1,000 a day. But what are the small businesses that make a net of $1000 a day?
Making $1,000 a day from any business requires a lot of work and commitment. Making $1,000 a day is difficult but not impossible.
There are lots of business ideas that can earn you $1,000 a day but we’ll discuss only 8 of them. So, see the list of 8 small businesses that make a net of $1,000 a day.
What Are The Small Businesses That Make A Net Of $1000 A Day
· Freelancer Job
Freelancing can make you over $1,000 a day. Freelancing involves rendering your skills as a service and make money in return.
For it to make a net of $1,000 a day, you’ll need a high income skill. Only a high income skill will make it easier for you to make net of $1,000 per day as a freelancer.
· Food Processing Business
The world can’t survive without food; this gives you a big opportunity to start food processing business. Food processing business is one of the small businesses with the potential of making a net of $1,000 a day.
But, you need to grow your customer base before you can start making as much as $1,000 per day.
· Mobile Phone Repairing
According to profitableventure.com, mobile phone repairing business can make profits in the range of $50-$65,000. This is to tell you that starting a mobile phone repairing business has the potential of making a net of $1,000 a day.
If you set up your business in a very busy area, you’ll build more customer base and increase your daily profit.
Also read: How profitable is the mobile phone business
· Selling Mobile Phone Accessories
This business is another good business that has the potential of making a net of $1,000 a day.
According to statista.com, the number of mobile phone users in the United States alone is estimated to reach 311.53 million.
So as you can see, there is a greater opportunity to make good money from selling Mobile Phone accessories.
· Selling Mobile Phone
If you decide to sell mobile phone itself, you have more chances of making more profit on daily basis. Most people change their smart phones regularly. Either they change to another brand or upgrade to a higher one, in either case, you make your profit.
· Invest In Real Estate
Real estate investment is a great business idea that can make a net of $1,000 a day. But this requires a huge startup capital for you to make good profit.
· Invest In the Stock Market
Investing in the stock market is another good business idea that can make a net of $1,000 a day. But for you to make good profit, you need to increase your investment capital and leave your money for a long-term.
According to statista.com, the average daily rate of hotels in the United States in 2020 is $103.25. Now consider how many people that lodge in a hotel in a single day. This is to tell you that Hotel is one of the businesses that make a net of $1,000 a day.
Conclusion: What are the small businesses that make a net of $1,000 a day
Below is the recap of the businesses that make a net of $1,000 a day
- Invest in real estate
- Invest in the stock market
- Mobile Phone repairing
- Mobile Phone accessories
- Selling Mobile Phone
- Food processing business
- Freelancer job