10 Great Business Ideas That Will Stand the Test of Time | Businesses with Low Failure Rates

10 Great Business Ideas That Will Stand the Test of Time | Businesses with Low Failure Rates
A few decades ago, there were only two ways that you could start a business: First, you can build a mom-and-pop establishment with just sufficient start-up funds, print or word-of-mouth advertising, and a lot of business gumption to work with your business plan. Second, you can have an already established multi-million-dollar corporation and simply build another business from there.
Naturally, those who only have a few thousand dollars to use as start-up capital need to go with the first option. You don't need millions of dollars to start a business, but it would be very helpful if the nature of the business itself would stand the test of time.
Fortunately, today’s entrepreneurs can rely on the accessibility of the Internet to sell and advertise their products or services. There are a lot of big businesses that do all of their sales online, and it's not impossible to get the money you need.
If you have a creative project, you can even rely on crowdsourcing to fund your project and allow it to come to life.
Now, if you are looking forward to starting your very own business, it pays to go into a venture with a timeless quality to it. Remember that it would take you two, three, or more years to earn back your capital.
As such, you should not venture out into a business that no one will care about two or three years from now. You need to have a constant stream of income, repeat customers, and a product or service that will continue to make money in the years to come.
To help you out, here are the top ten business ideas that are bound to stand the test of time: