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I hear this question asked all the time:  I want to make millions, but how can I do it?

Well, mom entrepreneurs might be interested in the 7 industries that offer the greatest potential for making millions.  Hopefully this will give you food for thought.  Here is a highlight of the best industries to start a business in (featured in Entrepreneur Magazine).

1. Children’s Services - Parents want to give their kids the best.  This is true now and will be into the future.  So services that will empower or enrich the lives of children stand a chance at making big money.  Such services would not just include basic tutoring but children’s gyms and fitness/activity centers, programs for science or cooking, music and art programs.  Being a work-at-home mom I value these types of services tremendously.  They provide a place for me to take my toddlers where they can receive a fun and educational experience and it gives me a break from having to provide entertainment for my kids 24/7.

Some children service franchises are:
The Mad Science Group - The world’s leading provider of science enrichment for children
Young Chefs Academy - Cooking school just for kids
JW Tumbles - Offers fun interactive classes that help children develop their physical, social and personal skills
The Little Gym - Offers programs that include movement, music, gymnastics, sports, exercise, games, listening and cooperation
Chyten Educational Services - a premium tutoring and test preparation company with proprietary strategies that have earned it a reputation for excellence
Music Together - Early childhood music programs stressing adult involvement in mixed-age classes involving singing and exploring music
Sylvan Learning Centers - Offers tutoring services

2. The Wine Industry -  I live right in the heart of wine country in California, and I can say from experience that this industry is still going strong….yes I do enjoy a glass of wine or two.  :-)   Not long ago I attended a presentation given by our County’s Economic Development Board Director and he forecasted the wine industry will still be thriving in the coming years.  He noted, we may see a lot of foreign money coming into this industry because of the declining U.S. dollar, but we’ll still see growth in the industry.  Opportunities in the wine industry are not just making and selling wine, but wine bars, tasting parties, wine nick-nacks, wine based foods, wine themed clothing, wine accessories, etc.

Some wine franchise opportunities include:
Borvin Beverage Franchise Corp. - wholesale wine and beverage distributor

Vintner’s Cellar Franchising Int’l - franchisor of unique vint on premise winemaking retail stores

Water 2 Wine - Winery where customers can bottle, cork, and custom label their wine

WineStyles Inc. - Offers a new and easy way for customers to find wines that suits their individual tastes.  The store’s concept demystifies the wine buying experience, making life easier for the customer. Wines are categorized by style; bold, crisp or bubbly.

3. College Planning - According to the National Center for Education Statistics, college enrollment is expected to increase to 19.7 million students by 2013.  Getting into college is becoming more competitive so students are looking for admission counseling services. If you’ve been through the college application and admission process, you may have the expertise to counsel incoming students.  There is a college planning franchise offered through College Assistance Plus LLC which provides the process and resources to develop a plan for families that allows them to obtain a college education at a manageable cost.

4. Staffing - Unfortunately, because of the economic crisis there will be a lot of people out of work and looking for jobs.  The staffing industry will most likely see a surge in  business.  The best way to make it big in this business is to carve your own niche.  If you have specialized experience in a specific industry like medical, accounting, legal, etc. you may already have many contacts who can send you business.

Some staffing franchises are:
AtWork Medical Services - Staffing services for nurses and allied health professionals
Labor Finders - Provides temporary staffing and labor services for commercial, industrial, and construction applications
10 til 2 - staffing service placing college educated professionals into long-term, part time jobs
Spherion Corp. - recruiting service as well as a staffing service and provides quality career information for businesses and individuals

5. Senior Care - As the baby boomers age and the average life expectancy gets longer, the more there will be a demand for quality senior care services.    There is a booming need for in-home care, retirement communities, technologies, processes and conveniences that assist the elderly. There are a lot of niches in this industry that could be very profitable.  You just need to put your thinking cap on.

Some senior care franchises are:
ComForcare Senior Services, Inc. - Premier provider of non medical private duty home care services
Comfort Keepers - Provides individual in-home non-medical senior care, companionship and recreation
Home Care Assistance - provide round-the-clock home care for seniors in their homes
Homewatch CareGivers - premier provider of senior care franchises and in-home care services for people of ALL ages
Visiting Angels - Network of non-medical, private duty home care agencies providing senior care, elder care, personal care, respite care and companion care to help the elderly and adults continue to live in their homes

6. Green - The environmental movement has taken off in a big way.  More and more people are becoming environmentally conscious and spending more on green products and services.  In 2008 Consumers are expected to double their spending on green products and services totaling an estimated $500 billion annually or $43 billion per month, according to a survey done by Cohn & Wolfe, Landor Associates and Penn, Schoen & Berland Associates

Some green franchises are:
Clean Air Lawn Care - Uses clean energy to power electric lawn equipment
The Hygienic Home - Provides green cleaning services
Oxxo Care Cleaners - Environmentally friendly dry cleaning service
Pizza Fusion - Pizza restaurants that use all-natural and organic ingredients and are committed to protecting the environment through its business practices
7. Pets - People love to baby their pets and will buy their pets almost anything and everything.  So it’s no suprise that The American Pet Products Association estimates that Americans will spend $43.4 billion on their pets this year alone! With the help of celebrity pets, like Paris Hilton’s chihuahua Tinkerbell, Jessica Simpson’s dog Daisy, and Hilary Duff’s chihuahua Lola to fuel the pet craze, there is a goldmine to be made in pet services and products, especially boutique pet clothing and accessories.  People will also pay big money for services like pet-walking, pet-training, pet-waste removal, pet-sitting, pet hotels and spas, and pet gyms.  More potential money makers are pet foods, snacks and nutritional supplements.

Some available pet franchises include:
Bark Busters Home Dog Training - World’s largest in-home all-natural dog training services
Fetch! Pet Care Inc. - Professional pet sitting and dog walking services
Just Dogs! Gourmet - A bakery franchise that specializes in hand-cut, all-natural dog treats
Petland - Pet adoption services

(Some links in this article are affiliate links)

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Submit Your New Invention Ideas To Proctor and Gamble

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