Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

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.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in