4. Working as a senior home companion
Industry: Senior care;
Ranking on Business News Daily’s list: #4;
Senior care is a probably the noblest occupation on the list of lucrative low cost startup businesses in 2016. Depending on your education this job can bring you from average to very high earnings. If you are a doctor or a nurse, providing home health care services to seniors can be incredibly lucrative. Still, even if you don’t have medical education or experience, helping senior citizens, and running their errands will definitely pay off. Later you can reinvest your profits and organize a network of caretakers or even open your own retirement home.
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