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The Real Secret for Successful Trading

5 Weirdly Lucrative Businesses

Companies / SME Sep 26, 2018 - 10:43 AM GMT

By: Dylan_Moran

Companies Nobody doubts that CEOs make a lot of money but most would imagine that companies dedicated to luxury are the ones that make the biggest profits. However, it seems that this is not entirely true, as many businesses that net a high gain are not really what you would describe as glamorous. Let's take a look at five businesses that make their owners rich despite their weird nature.




Pooper Scooper
People love their pets but their pets' waste is another thing! Pooper scooper businesses have been on the rise because owners have shown themselves to be willing to pay for pet-related waste removal and are able to afford it. More and more people are spending more on their pets, so this industry is worth billions at the moment, according to the American Pet Products Association. The businesses might collect and remove the waste from private residences or areas and institutions that deal with pets, like a kernel or a dog park. This business deals with an area of life most people would rather avoid and that makes it profitable!

Animal Control
The pooper scooper businesses are not the only ones making a profit thanks to animals! Animal control specialists suggest such businesses have a wider scope and that only makes them quite profitable. Animal control deals with removing animals from properties and also working to improve the conditions for animal life. Few people want to deal with a rat or skunk infestation on their own and most lack the equipment and resources to do so safely. Another unwanted animal-related business can make quite a profit thanks to the aversion most people feel towards pests.

Crab Fishing
Continuing the trends of animal-related businesses, there is the crab fishing industry. This industry is making quite a lot of money, and even individual crab fishermen can expect to catch a big profit. Doing the fishing itself involves a lot of risk and harsh living conditions but the pay is good for those who catch crabs and those who oversee the process.



Septic Tank Businesses
While animals and animal waste are a business on its own, septic tanks are another profitable industry. Septic tank businesses deal with another side of life people would rather not get involved with and, for that, they are able to rake in a big amount of dough. In this case, it helps that the government is also interested in these services. In 2016, the government spent over $50 million on these services and awarded over 3 thousand contracts with close to $100 thousand per company.

Construction
Construction is, perhaps, the least bizarre of these businesses but it sure comes with its set of problems. Construction involves a significant amount of risk, work, planning, and danger not only for one's finances but also for one's health, depending on how involved one likes to be in the day-to-day operations of their company. Construction involves a lot of materials, heavy labor, dangerous machinery, and, on the business end of things, a significant amount of financial risk due to problems with the market.  However, for someone who knows how to play their cards right, construction can pay very well.



While few people dream of scooping poop or fishing for crabs, these businesses can be quite profitable. A lot of their profits are associated with the fact that few want to get involved in these fields but that makes the profits much larger for those who are willing to get their hands a little dirty.

By Dylan M.

© 2018 Copyright Dylan M. - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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