World's Most Profitable Business: Religion

When someone hears the word religion they may not immediately think business. Rather they're more than likely thinking about their specific type of faith. Believe it or not, religion and faith combined create one of the most profitable businesses in the world. In fact, the Catholic Vatican is considered one of the richest business' on the planet. Since the Vatican is a private corporation and represents the catholic religion there is no feasible way to get an accurate estimate on their worth. However, it has been said numerous times and through professional research that the catholic religion in and of itself is worth close to $1 trillion. Does that sound like profitable business to you?

There are a lot of communities that argue the ethics behind churches generating a profit, because it is perceived to be blasphemous by some. Then there are the entrepreneurs that know religion is one of the most profitable business' on the planet. What ever your opinion of the concept of profiting from religion is, the end result, religion is lucrative.

In the arena of retail, religion entrepreneurs have diverse categories of goods to sell and make a profit. For example, religious apparel, artwork, audio and video, bibles, books, educational, crosses and crucifixes, jewelry and medals, rosaries, statutes, and figurines are all items that can be sold within a business environment to make a healthy profit. Outside of individual entrepreneurship, churches and religious organizations can bring in a profit as well.

Churches and Parishes can make incredible profit by selling religious memorabilia to the public, charging for community services, or even operating commercial businesses in competition with the world. In fact, churches should make a profit out of their business transactions and continue to re-invest those profits back into the church. Like any other organization, profit or non-profit, they have to generate profit in order to expand. Like all organizations, gained capital is required to grow. If the church manages financials properly they could easily become a multi-million dollar institution.

No matter what your opinion, business is business. Over three quarters of the world, nearly 1,699,000,000 people, practice some sort of religion and purchase religious memorabilia. Visualize the amount of profitable business there truly is in the area of religion. I know personally that I have spent at least $2,000 alone on religious memorabilia in the past few years. That is one person compared to the world. Religion is easily the most profitable business on the planet.