Current and promising ideas
To open a profitable business, choosing the right direction of entrepreneurial activity is important. In the first stage, it is necessary to study the needs of a particular region and the financial capabilities of the population (it is better to do this on local forums and blogs). It is important to analyze what goods and services are in demand and identify a free niche or an area with little competition.
For many decades, businesses in Germany whose ideas are related to real estate have remained profitable. Promising directions:
- Hotel business. Opening a hotel in an interesting place with a large flow of tourists guarantees a quick return on investment and profit;
- Building plot. A completed facility, ready for operation, can be sold quickly and profitably;
- Premises for rent. Renting residential apartments, warehouses, retail, or commercial properties will allow you to receive regular and guaranteed profits. If you have the right approach to choosing a premises, taking into account its technical characteristics and location, the rental business will quickly pay for itself and generate good income;
- Home for elderly people (hospice). The business guarantees a constant income, and the entrepreneur receives support and assistance from the state (benefits, subsidies, subsidies).
Creating a fast-food chain will be effective. Places, where residents or tourists of the region can have a quick, tasty, and inexpensive meal, are extremely popular. Locating cafes in crowded places near parks, office centers, and shopping and entertainment complexes would be cost-effective.
When wondering what kind of business to open in Germany, you should consider options for providing services to the public. Hairdressers, beauty salons, spas, and solariums are in demand. Such services are always relevant, so a small business will generate considerable income if the work is done well.
Other promising business ideas include opening a store (supermarkets are especially popular) to sell clothing, food, household goods, or household chemicals.
Representatives of the profession must have special education and work skills.
These specialties include:
- representatives of medical professions (obstetricians, doctors, nurses);
- photographers;
- lawyers, notaries;
- actors;
- writers, translators, journalists;
- designers.
