5 Most Profitable Cash-Only Businesses To Avoid Taxes

1. Christmas Tree Lots

Christmas only comes around once a year. Just before the end of the year, Christmas tree lots spring up in several places all over the world. Most people want to celebrate the festival with their loved ones in the presence of an authentic Christmas tree and are willing to pay for it. The National Christmas Tree Association in the United States estimates that more than 20 million trees are sold during the holidays every year. These sales rake in more than $1 billion in revenue for the people selling the trees. This business is also cash-heavy. 

The association also claims that there are more than 15,000 farms dedicated to producing these trees every year. More than 150,000 people are employed at these establishments and more than 350,000 acres are utilized for the purpose. The average growing time of this tree is at least seven years, making this a business that would only return investments over a long period of time. Since this is a once-in-a-year purchase, many tree lot owners operate on a cash-only basis, though this is changing as fewer people chose to carry cash around the holiday season for a variety of reasons.

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