Rather than just focus on acquiring capital to purchase
tangibles as an endeavor to start a profitable business ever thought of
investing in the service that could as well catalyse your voyage to success.
You probably have no clue on what that entails, well the term “service
industry” refers to an industry made
up of companies that predominantly earn revenue through stipulating intangible
products and services. Here are some examples of lucrative examples
within this industry.
people who provide support for specific product lines within their areas of expertise
varying on their field of training and certification. Examples of these
professionals are lawyers, accountants and human resources. These are a great
way to do business according to what a lady is skilled in rather than wait for
employment, which may take time.
ii) Public Relations is
the practice of managing the spread of information between an individual or
organization it engulfs brand management, advertising and promoting, audience targeting,
digital marketing, media manipulation. Public
relations professionals present the face of an organization or individual,
usually to articulate its objectives and official views on issues of relevance,
primarily to the media. Public relations contribute to the way an organization
is perceived by influencing the media and maintaining relationships with stakeholders.
Example of local successful firms are Aggrey&Clifford, Regus, Frontline|Porter
Insurance is a means of protection from
financial loss.. An entity, which provides insurance, is known as an insurer,
insurance company, or insurance carrier. A person or entity that buys insurance
is known as an insured or policyholder. The insurance transaction involves the
insured assuming a guaranteed and known relatively small loss in the form of
payment to the insurer in exchange for the insurer's promise to compensate the
insured in the event of a covered loss. Examples of lucrative insurance
companies are Old Mutual, Sanlam , Strategis and Aris insurance companies.
iv) Hospitality is a broad
category of fields within service industry that includes lodging, event planning, theme parks, transportation, cruise line, and additional fields within the tourism industry. The hospitality industry is a multibillion-dollar industry
that depends on the availability of leisure time and disposable income. Young
girls could look into investing in a rented place and turning it into a lodge
or motel for low income earners who can not afford big five star hotels.
v) Commercial Cleaning is used to define companies who earn income by being contracted by individuals, businesses, or corporations to carry out cleaning jobs such as basic office cleaning,pest control ,window
cleaning in high-rise buildings ,garbage collecting services, upholstery
cleaning ,machinery cleaning and maintenance in a variety of premises. Cleaning
companies can be found in virtually every town and city in the world, with a
higher concentration in affluent regions. Examples of successful companies that
provide these services are Spik n Span, Cleaning Specialists,Mollywood Maids to
name a few.
vi) Thrift Mobile Shop these
days a lot of fashion forward people are fascinated more and more by vintage
apparel, with the economic crunch affecting everyone , people want a more
convenient affordable way to shop and remain trendy.Well selling hand-me downs
are a way to make an extra coin,and this business has made a lot of both young
and old people make profits, how you may ask? well one could easily go to a
second-hand wholesale outlet with some savings buy good clothes have them
washed and cleaned and resell for a higher price its that simple, you could
even collect old clothes and shoes from family and friends repair them if need
be ,have them cleaned and ironed and resell.