Are there any low-risk, high-income businesses to choose from?
Looking for the easy road to riches, eh? Well, be warned that no endeavor is absolutely risk-free. Generally speaking, however, service businesses tend to require less upfront financial investment than other types of industry. For instance, unless you’re talking about drop-shipping products via the Internet, most wholesale, retail, or manufacturing businesses typically demand substantial investments in some type of inventory – whether it be raw materials, equipment, furnished goods, office or warehouse space, or some combination of these. Because service businesses focus on, well, providing services of some type, they do not generally require the material stockpile – at least not in the same inventorial context – of the other businesses mentioned. (But even if you’re able to sidestep a large bulk of such a financial outlay, if you’re really committed to success you’re going to need to invest a great deal of your personal time and energy. There’s really no way around that.) Additionally
