5 Most Profitable Small-Business Industries in 2018 Legal Services: 14.48% Legal Services: 14.48% Image credit: Shutterstock Anyone who has ever hired a lawyer knows it’s not cheap. Law, like accounting, generally has low operating costs as well as repeat clients. However, this business category includes not only lawyers, but notaries, settlement officers (who deal in the transaction of securities) and title search agents in real estate. Offices of Dentists: 14.41% Offices of Dentists: 14.41% Image credit: Shutterstock Dentists, like physicians, benefit from recurring patients, and while startup costs can be expensive -- dental equipment is quite costly -- the profession has the advantage of handling several patients at a time, plus many pay out of pocket. Electric Power Generation, Transmission and Distribution: 14.02% Electric Power Generation, Transmission and Distribution: 14.02% Image credit: Shutterstock This category of small, privately-held electric power companies includes not just your traditional, fossil fuel electric powers but also hydroelectric, nuclear, solar, wind, geothermal and more. Lessors of Real Estate: 14.01% Lessors of Real Estate: 14.01% Image credit: Shutterstock Lessors, also known as landlords, show that renting both residential and nonresidential properties is a profitable gig once you recover the initial costs of purchase. Offices of Other Health Practitioners: 13.30% Offices of Other Health Practitioners: 13.30% Image credit: Shutterstock How is this category different from physicians? It’s not, really. There is a census delineation between chiropractors, optometrists, mental-health practitioners and podiatrists -- who fall under this category of “other health practitioners” -- and all other types of physicians.
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