The 12 Best Home-Based Business Ideas To Start In Virgin Islands [2024]
Interested in starting a business in in 2024?
We put together 36 of the best businesses you can start in today.
For each business idea, we’ll show you real-world examples of how you can start your profitable, home-based small business in .
Here's the full list:
1. Start a cannabis business ($3.26M/year)
Starting a cannabis business in the Virgin Islands could be a lucrative opportunity given the rapid growth of the cannabis industry. With the legal marijuana sales projected to reach $22 billion, the market is showing no signs of slowing down and offers significant potential for new entrepreneurs.
Whether you have previous experience or are a newcomer, the cannabis sector is filled with inspiring success stories. You could explore various avenues within the industry, from cultivation to retail. Check out some successful case studies of entrepreneurs who have navigated this path. For more detailed insights, explore our comprehensive guide on starting a cannabis business.
Plain Jane, an online CBD company founded by two college roommates, offers unique products and has generated over $20K a month in sales within five months, attracting and retaining customers through social media, authentic stories, and content.
2. Start a cbd business ($1.02M/year)
Starting a CBD business in the Virgin Islands in 2024 could present a lucrative opportunity due to the region's burgeoning interest in natural and alternative health solutions. With the market projected to grow at a CAGR of 21.7%, there's ample room for newcomers to carve out a niche and serve the local populace who may already be familiar with the benefits of CBD in treating various health conditions like chronic pain and anxiety.
In the Virgin Islands, you could consider various high-potential avenues such as becoming a CBD distributor, forming CBD cooperatives, or even starting a CBD courier business to cater to the island's unique geography. Each of these opportunities taps into the growing consumer awareness and demand for CBD products. For inspiration and practical advice, check out these successful case studies of CBD entrepreneurs who have already made a mark in this expanding market.
Plain Jane, an online CBD company founded by two college roommates, offers unique products and has generated over $20K a month in sales within five months, attracting and retaining customers through social media, authentic stories, and content.
3. Start a travel company ($3.11M/year)
Starting a travel company in the Virgin Islands could be a highly lucrative venture, given the region's abundant natural beauty and its appeal as a premier tourist destination. You could capitalize on the growing interest in personalized travel experiences by offering tailored packages that highlight the unique landscapes, rich history, and vibrant culture of the islands.
Additionally, you could provide specialized tours and activities that cater to specific interests, such as eco-tourism, historical tours, or adventure sports, making your services stand out in a competitive market. For inspiration and successful case studies, you can check out these success stories on starting a travel company. For more detailed insights on this business idea, you might find this page helpful.
Under30Experiences is a travel company for people aged 21-35 that runs small group trips around the world, with over 800 five-star reviews on Facebook, Google, and Yelp combined, and nearly hitting $5M in revenue before the COVID-19 pandemic.
4. Start a tour company ($898K/year)
Starting a tour company in the Virgin Islands could be a lucrative venture, given the region's robust tourism industry. With its stunning beaches, rich cultural heritage, and year-round warm weather, you could easily attract tourists who are eager to explore all that the islands have to offer. Whether you focus on food and drink tours, adventurous sporting tours, or historical sightseeing, the possibilities for crafting unique and engaging experiences are virtually limitless.
Given the diverse attractions that the Virgin Islands boast, you could tailor your tours to niche markets to differentiate your business. For instance, offering snorkeling expeditions or eco-friendly hiking tours could cater to nature enthusiasts, while rum distillery visits might appeal to those interested in local culture. Before launching, make sure to check licensing requirements in your area, as these can vary. For more details on starting a tour company, visit this guide, and feel free to explore successful case studies here for inspiration.
How Jessica Baumgart founded a successful food tour business in Denver, which broke even and started making a profit after just three months, generating $20,000/month in revenue from offering different food tour experiences.
5. Start a travel blog ($1.43M/year)
Starting a travel blog in the Virgin Islands could be an immensely rewarding endeavor, as the region offers a plethora of unique and captivating content. With its breathtaking beaches, diverse marine life, and rich cultural heritage, you could attract a wide audience of travel enthusiasts looking for insider tips and experiences. Highlighting activities such as snorkeling in the crystal-clear waters or exploring historical landmarks could set your blog apart from others and drive significant traffic.
Moreover, as someone who lives in the Virgin Islands, you have the local knowledge to provide authentic insights that tourists crave. You could monetize this through affiliate marketing, sponsored posts, and other revenue streams detailed in our guide on travel blogs. For inspiration, you can explore successful case studies from other travel bloggers who have turned their passion into thriving businesses.
Two friends started an online book club that now has 570 members and generates £10,500 MRR, by addressing the problem of 'Tsundoku,' charging a monthly subscription fee for one non-fiction book, one inspiring meetup, and one custom cocktail, inspiring conversation and community.
6. Start an etsy shop ($570K/year)
Starting an Etsy seller business in the Virgin Islands could be a lucrative endeavor due to the unique cultural and natural elements you could incorporate into your handmade goods. With the increasing demand for distinctive, artisan products, you could capitalize on creating and selling items that reflect the unique vibes of the Virgin Islands, from beach-inspired jewelry to locally crafted art.
Additionally, operating an Etsy shop offers flexibility, allowing you to manage your business from the comfort of your home or even on the go. For inspiration and to see how others have found success, check out some successful case studies. By tapping into the global market that Etsy provides, you could easily turn your creative passion into a profitable venture, leveraging the distinct flavors and beauty of the Virgin Islands.
Chasing Planner Peace is a planner company that has expanded from selling planner inserts on Etsy, to offering a one-stop shop customizable planner experience with over 300 inserts, a planner line, and various other related products, gaining a monthly revenue of around $25,000 at its busiest time of year.
7. Build a seo tool ($1.2M/year)
In the Virgin Islands, starting an SEO tool business could be a lucrative opportunity given the number of small businesses and tourism websites craving effective online visibility. With tourism as one of the main economic drivers, many local businesses will need reliable SEO solutions to attract international visitors, making your SEO tools invaluable.
Additionally, the relative scarcity of specialized tech services in the Virgin Islands means less competition and a niche ready for you to fill. You could provide indispensable support to local businesses by developing user-friendly SEO tools that help them optimize their online presence. For more information on launching an SEO business, check out Starter Story's detailed guide and some successful case studies.
Solo founder Todd Hooper bootstrapped Prerender.io from zero to $2.5 million in ARR over 5 years by releasing an open-source project on Github and turning it into an SEO-friendly version of React, Angular, and Javascript websites, and then offering it as a SaaS service for businesses.
8. Start a stationery business ($339K/year)
Starting a stationery business in the Virgin Islands presents a unique opportunity, especially given the region's vibrant culture and close-knit communities. You could capitalize on the demand for personalized and local-themed stationery products among residents and tourists, who often look for unique, high-quality items to purchase.
Considering the relatively low startup costs, you could easily begin by selling your products online through platforms like Etsy or eBay, allowing you to test the market before potentially expanding to a physical storefront. Exploring case studies of successful entrepreneurs in this field can offer valuable insights and inspiration. Discover more success stories here.
Chasing Planner Peace is a planner company that has expanded from selling planner inserts on Etsy, to offering a one-stop shop customizable planner experience with over 300 inserts, a planner line, and various other related products, gaining a monthly revenue of around $25,000 at its busiest time of year.
9. Start a craft granola business
Starting a craft granola business in the Virgin Islands could be a fantastic opportunity given the area's vibrant tourism and the increasing demand for healthy, artisanal foods. With the island's access to unique local ingredients like tropical fruits and nuts, you could differentiate your product by creating distinctive granola blends that appeal to both locals and visitors seeking a taste of the islands.
Moreover, the Virgin Islands provides numerous outlets for selling your craft granola, such as farmers' markets, local retailers, and online platforms targeting health-conscious consumers. Craft granola is a versatile product that can cater to niche markets like gluten-free, vegan, or low-sugar options, aligning well with current consumer trends. For more inspiration, you could check out some successful case studies from others in this field.
Learn more about this business idea here.
This case study is about an entrepreneur named Ashley who started Birdseed Food Co., a craft granola brand that currently generates $8,300 in monthly revenue through retail markets, Amazon, and direct-to-consumer.
10. Start a screen printing business ($528K/year)
Starting a screen printing business in the Virgin Islands could be a profitable and fulfilling venture due to the strong local demand for custom apparel and branded merchandise. With many local businesses requiring promotional materials and tourists seeking unique souvenirs, your screen printing skills could cater to a broad market.
Moreover, the initial investment for screen printing is relatively low compared to other manufacturing businesses, making it accessible for many aspiring entrepreneurs. If you have a knack for design and enjoy hands-on projects, you could start your journey here and tap into a market with significant growth potential. For inspiration, check out these successful case studies to see how others have thrived in this field.
This case study features an entrepreneur who started a screen printing company with no financing or investors, and despite struggling for the first few years, was able to grow his business to hit $80,000 in revenue in October 2018 and is set to hit $1 million by the end of 2019.
11. Start an online advertising agency ($2.12M/year)
Starting an online advertising agency in the Virgin Islands is a promising opportunity, especially given the region's growing tourism sector and the increasing number of small businesses that need effective online presence. You could leverage your digital marketing skills to help local businesses reach broader audiences, tapping into the lucrative tourism market and also boosting the visibility of local enterprises online.
By offering services such as social media management, search engine optimization, and paid advertising campaigns, you could provide valuable expertise that small business owners might not have in-house. Additionally, with the rise in remote work and internet accessibility, you could serve clients not just locally but globally, diversifying your client base and revenue streams. For inspiration and tips, consider exploring successful case studies of other online advertising agencies.
Iman Gadzhi made over $1.2M in profit within two years with his social media marketing agency and education company, where he teaches entrepreneurs how to start and scale a profitable SMMA, with over 45 of his students making over six figures with their SMMA, and over 300 students having quit their regular jobs.
12. Start a cannabis club
If you’re an entrepreneurial spirit in the Virgin Islands, starting a cannabis club could be a lucrative opportunity. Given the evolving cannabis industry and the potential for high profits, you could tap into a growing market while contributing to the normalization and destigmatization of marijuana use.
Additionally, by offering a variety of products and educational workshops, you could foster a community-focused environment that prioritizes safe and controlled consumption. Always ensure to thoroughly research the legal and logistical requirements before embarking on this venture. For inspiration, check out some successful case studies from other entrepreneurs who have made their mark in this industry.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
