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https://neovisionconsulting.blogspot.com/2022/04/blog-post_52.html
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ENGLISH
I put together a list of characteristics of websites of companies that went bankrupt and found that the opposite of this is a hint for attracting web customers.
https://neovisionconsulting.blogspot.com/2022/05/i-put-together-list-of-characteristics.html
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Takanori Matsumoto
, University Professor (mainly economist, sometimes black economist, rarely writer of children's stories)
Update: June 14, 2021
Since those who are well versed in management have written good answers, I will try to answer from a slightly different point of view.
I believe that the person asking the question should be able to earn money. You don't want your company to go out of business. With that in mind, I would like to offer my advice on which industries are the most profitable, based on my expertise and knowledge of related fields, using objective indicators.
I hope you will find the discussion here helpful, as the advice is applicable to anyone who is considering starting a business or moving to a different industry.
Now, since you are starting a small business, the indicator I would use as advice is the preliminary BAST report provided by the TKC Group (the latest preliminary figures are always available free of charge).
There are 206 industries, so I think it is enough to get a good idea of which industries are good for you. Some entrepreneurial consultants and management consultants also make good use of these figures, so I think the data is useful enough from a professional's point of view.
In addition, since the data in the report are calculated only from profitable companies, they reflect the reality of companies that are profitable.
By examining the individual data, it is easy to see whether there are many profitable companies in a particular field, and it is useful to know which fields are profitable, how much a company as a whole should earn, how much each employee should be paid, and so on, from this BAST (see the following chart is from 2019).
TKC Group www.tkc.jp TKC Group, a group of over 10,000 tax accountants, supports business improvement
JAPANESE
https://www.tkc.jp/tkcnf/bast/sample/
The method developed below is just one example as a pointer. There are many other possible techniques, so please try them out.
(1) Find a profitable business type
In practice, the first thing to look for in BAST is the "marginal profit margin" circled in green. Marginal profit is defined by TKC as "gross profit. Therefore, the "marginal profit margin" is the "gross profit margin.
First of all, we do not recommend that your industry has a very low "marginal profit margin. It should be at least 50-60%, and if it is above 70%, the industry is often very good (although there are exceptions, of course). If it is low, the profit margin will not be high, no matter how much sales are made.
It is a good idea to initially narrow down your industry by this marginal profit margin.
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(2) Select an industry with sales of at least 10 million yen per employee per year.
It is known empirically that companies that can meet this condition can maintain good management over the long term.
Specifically, select an industry that can generate sales of 10 million yen (850,000 yen/employee per month), the figure circled in blue. Considering various pensions, insurance premiums, etc., try not to hire too many full-time employees at first until the business gets off the ground. From a management standpoint, full-time employees are a luxury under current law.
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(3) Further narrow down the industries that pay well.
Next, based on the principle of "better pay is better pay," we can further narrow down the list. Using this BAST figure, we can also calculate from here how much salary per employee is expected, so it goes without saying that the industries that can pay their part-timers enough are the ones that are good. No company that pays its employees well has ever gone bankrupt (because it is more profitable than that).
Now, here is the actual calculation. We use the two figures circled in red: marginal profit per employee shows, in essence, how much gross profit each employee, as a member of the company, made.
In addition, we look at the labor share. This is the percentage of the above gross profit that is paid to the employees as salary.
Multiplying these two figures together, we can calculate how much of the gross profit the employees receive as wages.
Taking the "refuse collection and hauling" business in the figure as an example
Marginal profit per employee (8,218,000 yen) x labor distribution ratio (59.1%) = 4,856,838 yen
Therefore, the average employee in the refuse collection and hauling industry would receive a salary of about 4,860,000 yen (based on annual income).
Incidentally, a soba/udon restaurant, which is a popular place for salarymen to change jobs, pays only about 150,000 yen per month, even if they work hard. You have to like Soba/Udon noodle restaurants very much to continue.
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Screening and narrowing down your choices with the above (1), (2), and (3) will eventually leave you with several options, and you can start a business in a seriously viable industry among those options.
If one of the options is something you like and you can start a business there, that's great, but if not, then you can just let work be work and go with the results of this process.
The above is the advice I can give you. I hope you will find it helpful. Of course, you are responsible for your own decision.
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John Hyuga
, Japanese educated in 3 continents and 7 countries
Answered on Dec 13, 2019
Crapto.life
I advise many businesses and entrepreneurs for a fee, so I can't give you specific areas, but basically starting a business is like farming.
I recommend that you take advantage of the tools, venues, and markets that the Internet provides, especially now that it is so simple and easy to do so.
The idea is to search for seeds that can grow on the Internet, and once found, to search for where the seeds can grow on the Internet, and to determine the market where the grown "products" can be sold. The era of thinking only about the Japanese market is now over, and it is the era of the Internet market.
GAFA is currently a hot topic, but latecomers such as Spotify are using GAFA to grow at a dramatic pace. I urge you to develop a company from Japan that surpasses GAFA.
Do not be intimidated by the language requirement; GOOGLE can translate URL pages immediately, so it is important to actively use the tools available to you to find your own "seeds". The rest of the world is already doing the same, so don't fall behind.
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Masahide Goto
Answered on Dec 6, 2019
I guess it's related to lifelines such as electricity, gas, water, etc.
And the construction industry is understaffed because today's young people are only interested in jobs that are more important to look good.
Especially electricity, you need a license.
Architects are also good, though. There are many people like Aneha Architects who cannot make a living even after obtaining a first-class architect's license and opening a business. If you can't make a living, would you build illegally?
I have to work in the mud, at the site, at my desk with my tie tied tight, doing the kind of work that young people hate because it smells like sweat...
I am now 56 years old, have 85 licenses, work 6 hours a day, 10 days a month, and earn an annual income of over 10 million yen. I am now 56 years old, have 85 licenses, work 6 hours a day, 10 days a month, and earn over 10 million yen a year as an independent one-man electrician.
Ah, it's about 9 o'clock now, so I'm off to work. It's easy, isn't it?
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