78+ Future Business Ideas For 2025

Updated: July 24th, 2023

Interested in starting a future business ideas for 2025 business in 2024?

We put together 78 of the best future business ideas for 2025 businesses you can start in today.

For each business idea, we’ll show you real-world examples of other future business ideas for 2025 businesses to help you see what it really takes.

Here's the full list:

1. Start a cyber security education

In an age where digital threats loom large, providing cybersecurity education is both timely and crucial. Cybersecurity education is a business focused on teaching individuals and organizations how to protect their digital assets from cyberattacks. This involves creating courses, workshops, and resources on topics ranging from password management to advanced threat detection.

Getting started involves developing a curriculum, setting up an online platform for course delivery, and marketing your educational offerings to businesses and individuals. With cybersecurity concerns growing, there's a significant demand for trained professionals, making this a viable business option.

This venture not only offers you the chance to become an expert in a high-demand field, but also provides the opportunity to make a real impact by equipping others with the skills necessary to defend against cyber threats. If you’re passionate about technology and security, this could be the business for you.

How much you can make: $50 — $14,000/month

How much does it cost to start: $1,260 (?)

How long does it take to build: 114 days (?)

On Launching An Online Course With Career Strategies For College Students

G7 Education offers online courses and in-person classes focused on career development, with a focus on cybersecurity and cloud computing, and has been profitable at $50 a month, thanks to customer obsession and a free learning management system.

Read by 3,828 founders

2. Start a food delivery business

In today’s busy lifestyles and schedules, cooking is no longer a priority to many. People like to order-in food from their nearest restaurants or food joints and enjoy a meal in the comfort of their homes.

The food delivery business is like a courier service through which restaurants deliver food to their customers.

You can offer retail food delivery services to restaurants within your locality if you have a truck. Customers order through a restaurant or grocer’s website, and the owners contact you to deliver.

How much you can make: $14,000 — $1,800,000/month

How much does it cost to start: $3,500 (?)

How long does it take to build: 90 days (?)

How I Took Food Trucks Corporate And Built A $18M Business

Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.

Read by 15,654 founders

3. Create an online course

An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.

As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.

With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.

For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.

How much you can make: $275 — $1,000,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 88 days (?)

How This 28-Year-Old Couple Quit Their Jobs And Make $20K/Month Running A Blog

Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.

Read by 28,851 founders

4. Start a website development business

Website developers create websites for their clients. as a website developer, your responsibility is to ensure a website is visually appealing and easy to navigate. Web developers also focus on improving the website’s performance and capacity.

To become a website developer, learn different web programming languages. Your customers can be eCommerce business owners or brick-and-mortar businesses looking to have an online presence.

How much you can make: $200 — $8,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 55 days (?)

How I Started A $20K/Month Web Design Agency

How a founder turned his passion for marketing and technology into a successful Boston-based web design and SEO company, generating over $20k in sales each month by focusing on serving the niche market of small businesses through affordable and personalized services, while establishing his reputation through B2B networking and online initiatives.

Read by 26,631 founders

5. Start an outsourcing business

Outsourcing is when a business obtains a product or a service from an outsider provider rather than building it in-house. Small companies outsource so they have enough time to attend to critical functions like production.

Many businesses are looking to outsource their non-core activities. Therefore, starting an outsourcing business in 2024 has never been more lucrative.

Start your outsourcing business, identify a niche, and develop a well-researched and complete business plan. Then, invest in the necessary equipment and technology to enable you to deliver services to the customers.

Depending on the nature of your business, you may need staff to help you with service delivery. Finally, when your business is up and running, start marketing and focus on delivering superior service to attract repeat customers.

How much you can make: $50,000 — $1,399,996/month

How long does it take to build: 140 days (?)

How I Started A $9M/Year Company Outsourcing Support For Startups

This case study follows the founder of SupportNinja, a company that specializes in providing back-office and customer support outsourcing for tech companies, which generates over $9M ARR, has over 100 clients, and has seen a growth rate of 3,684% in the past 3 years.

Read by 10,928 founders

6. Create a digital wallet app

A digital wallet is a financial transaction application that runs on mobile devices. In today’s digital era, people demand the freedom to purchase anything and be able to pay from their digital wallets.

With technological advancement, making digital payments has become easier than ever before. Anyone can use mobile payment platforms to pay and accept payments online. Therefore, creating a digital payments wallet can be a great business opportunity.

To create a digital wallet, conduct extensive market research and create a business plan. It would help if you could hire competent programmers to create a secure payment gateway.

How much you can make: $1,000 — $1,500,000/month

How long does it take to build: 215 days (?)

How We Launched A $1.5MM/Month Digital Wallet and Financial Services Company

iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.

Read by 11,111 founders

7. Start an IoT startup

An IoT startup focuses on devices connected to the internet that can be accessed remotely through the internet or a connected application.

Research what is essential to the end users to start and build a successful IoT. Leverage what is available to make the application easy to use. Then, create working prototypes, test, and build the application around the clear essential purpose.

How much you can make: $500 — $2,300,000/month

How long does it take to build: 365 days (?)

How I Invented The Ultimate Flying Gadget And Landed Massive Press

Craig Rabin invented The Airhook, a two-in-one beverage holder and electronics device holder that attaches to a closed tray table, and successfully launched it through a crowdfunding campaign that raised $15,000 from 750 backers, and went on to ship to every U.S. state and 73 countries, win Travel Product of the Year in 2019, and being featured in over 100 publications.

Read by 21,431 founders

8. Build an iPhone app

The iPhone is the most popular mobile device in the world. It has changed how we interact with information, entertainment, and communication.

The iPhone has also changed the way we interact with each other. Since its release in 2007, it has become a staple in most people’s lives. It is more than just a phone; it is a tool for staying connected to friends and family and creating new connections.

The iPhone app market is an ever-changing landscape of innovation: it’s not just about making something that works well; it’s about creating something that stands out from the crowd.

It would help if you had something that appeals to your audience to succeed in this market. This can be as simple as ensuring your app has a catchy name or as complex as developing an entire brand identity around your app’s functionality.

How much you can make: $150 — $2,000,000/month

How long does it take to build: 190 days (?)

Time commitment per week: Min. 5 hours/week

How I Created A $60K/Month App That Collects In-Person Payments Through Stripe

Payment.co, an app built on top of the Stripe payment gateway for creating card-present charges, has grown to process over $70M in volume annually since launching in 2015, with the app collecting a 1% service fee on every single charge.

Read by 23,496 founders

9. Build a SEO tool

SEO tools provide data and alerts about the health and success of a website. Website owners and businesses are looking for tools to help them quickly identify and fix SEO issues. Thus, starting an SEO business that focuses on developing SEO tools can be a rewarding career.

How much you can make: $2,800 — $850,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 52 days (?)

How I Bootstrapped My SaaS Company To $2.5M/Year In 5 Years As A Solo Founder

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.

Read by 17,032 founders

10. Start a content marketing agency

Content is the currency of the digital world. Today, more and more businesses need to work with writers and content marketers. If you want to get into these kinds of jobs, you should start a writers' or content marketing agency.

Worldwide content marketing industry revenue was estimated at roughly $66B in 2021. The source projected that it would increase to $76B in 2022 and that it would continue growing over the further years to reach $137B in 2026.

Content marketing will continue to grow in significance with the increased use of digital channels. Therefore, the demand for content marketers is projected to grow by 27% over the next few years.

How much you can make: $500 — $650,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 75 days (?)

How I Started A $80K/Month Content Writing Business

How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.

Read by 24,814 founders

11. Start a dropshipping business

Dropshipping is a business model where you sell products to customers without holding inventory.

Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.

To start a dropshipping business on a budget, choose a niche or category of products you want to sell.

Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.

Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.

How much you can make: $6,000 — $3,000,000/month

How much does it cost to start: $8,500 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 10 hours/week

How I Started A $100K/Month Business Mentoring Dropshipping Entrepreneurs

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

Read by 25,756 founders

12. Start a web testing software

Looking to streamline the digital user experience for businesses? Consider web testing software. This business idea involves creating tools that help developers and companies test websites for functionality, usability, and performance.

By building a robust platform, you enable clients to detect bugs, monitor site speed, and improve overall user experience without extensive manual testing. Companies across various sectors are investing in quality web performance to retain users, and your software can be the go-to solution they need.

Starting this business requires proficient coding skills, an understanding of web standards, and a commitment to continuous improvement. It's an influx of challenge and opportunity, perfect for those passionate about web technology and quality assurance. This venture promises not just scalability but also substantial demand in an increasingly digital world.

How much you can make: $3,200 — $150,000/month

How long does it take to build: 150 days (?)

How We Launched A $3.2K/Month Automated Software For Testing Websites

Reflect is a no-code, cloud-based web application testing tool generating approximately $3K in monthly recurring revenue, offering businesses fast and resilient testing capabilities while addressing a critical need in the market.

Read by 7,518 founders

13. Start a career coaching business

A career coaching business involves providing personalized guidance, support, and strategy services to help clients navigate professional transitions and growth opportunities.

As a career coach, you design custom sessions to assist with resume building, interview prep, and workplace advancement goals tailored to each client’s aspirations.

With flexibility for in-person or virtual meetings, building a client base lets you empower breakthroughs through specialized advice and accountability.

Launching a coaching practice can be a great opportunity for those with speaking talents and human resources expertise to monetize their natural motivational abilities while setting their own schedule.

How much you can make: $1,000 — $235,000/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 60 days (?)

From Getting Fired At 24 To Growing A $140K/Month Online Community

Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.

Read by 22,426 founders

14. Start a 3D Printing Business

3D printing is a process that assembles objects layer by layer and starting a business in this industry can be a very creative venture.

You will need investment in the right equipment and materials, and the acquisition of 3D modeling and design skills. You will also need to regularly calibrate and maintain your 3D printers to deliver consistent results.

Plan how you'll handle shipping and logistics, and leverage technology to find new applications of 3D printing in all industries.

How much you can make: $8,000 — $330,000/month

How long does it take to build: 270 days (?)

How I Started A $330K/Month Ecommerce Specialized In 3D Printing

Founder Roy Kirchner shares how he started an eCommerce business specializing in 3D printing with an initial investment of $65,000, which now averages monthly gross sales of $330,000 and has partnered with international manufacturers and local businesses while offering technical support and education.

Read by 29,962 founders

15. Start a career coaching business

A career coaching business involves providing personalized guidance, support, and strategy services to help clients navigate professional transitions and growth opportunities.

As a career coach, you design custom sessions to assist with resume building, interview prep, and workplace advancement goals tailored to each client’s aspirations.

With flexibility for in-person or virtual meetings, building a client base lets you empower breakthroughs through specialized advice and accountability.

Launching a coaching practice can be a great opportunity for those with speaking talents and human resources expertise to monetize their natural motivational abilities while setting their own schedule.

How much you can make: $1,000 — $235,000/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 60 days (?)

From Getting Fired At 24 To Growing A $140K/Month Online Community

Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.

Read by 22,426 founders

16. Start a consulting business

Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.

If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.

How much you can make: $100 — $1,666,667/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started A $45K/Month Cybersecurity Consulting Firm For Startups

Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.

Read by 35,814 founders

17. Start a subscription box business

Subscription box businesses offer customers a niche set of products on a monthly basis.

They're in high demand as they add value to customer service, offer exclusive products and can be highly profitable.

To start a subscription box business, understand your niche market, provide quality products, perfect your box design, build a good relationship with fulfillment companies, and market your service.

How much you can make: $400 — $400,000/month

How much does it cost to start: $210 (?)

How long does it take to build: 180 days (?)

How I Started A Gift Box Business For Non Traditional Brides

Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.

Read by 31,437 founders

18. Start an affiliate marketing business

Are you looking for a side hustle to pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long term. It is a way to earn money online by promoting other companies' products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.

How much you can make: $500 — $773,000/month

How much does it cost to start: $700 (?)

How long does it take to build: 60 days (?)

My Affiliate Marketing Business Earns $500K/Year Profit [No Employees]

This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.

Read by 24,619 founders

19. Start a data science company

Data science deals with the vast volume of data using modern tools and techniques to find unseen patterns. Data science experts can add value to any business using the data well. Data science companies help businesses to:

  • Mitigate risk and fraud
  • Deliver relevant products
  • Offer a personalized experience

Given the critical role of data science in business analytics, starting a data science company can be a great idea.

How much you can make: $100,000 — $250,000/month

How long does it take to build: 90 days (?)

How We Developed A Leading IP Infringement Analytics Platform

White Bullet CEO and founder, Peter Szyszko, discusses how he identified and began targeting IP-infringing websites and apps with his IPI Analytics Platform, which has seen the company grow and expand into new areas such as social media antipiracy and connected TV.

Read by 7,058 founders

20. Start a marijuana cigarette making business

People are always looking for a new ways to enjoy cannabis. Marijuana cigarettes are a great way to enjoy marijuana and they're also relatively easy to make.

Marijuana is a booming industry, and it's only getting bigger. Marijuana cigarettes are a popular way to consume marijuana and are especially popular among people who do not want to smoke a joint.

How much you can make: $275,000/month

How Two College Roommates Started An Online CBD 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.

Read by 17,982 founders

21. Start a nanosatellites building business

22. Start a bio-fuel production business

Biofuel production refers to the fuel produced over a short time from biomass rather than through prolonged natural processes of fossil formation. In today's world, resources are becoming limited and scarce, while countries are focusing on more ways to reduce waste through reuse or recycling.

According to experts, eco-friendly fuels like biodiesel will start making a significant impact on our roads. Therefore, starting a biofuel production company can be a lucrative business you will start today.

The good news is that you can set up a biofuel production business in your backyard. To start producing biofuel, you need access to raw materials and tools. Typical raw materials for biofuel production include used vegetable oil, methanol, and potassium hydroxide. Since you will be dealing with chemicals, it would help if you invest in high-quality PPEs.

Also, it would be best if you had skilled staff to help you produce the biofuels and packaging process.

23. Start a remote working business

With the shift toward remote work, starting a remote working business is a timely and lucrative opportunity. Remote working businesses facilitate work-from-home arrangements, providing tools, software, and services to help companies streamline their remote operations. This could range from offering project management software to virtual office space solutions.

The appeal of this business lies in its relevance; as companies increasingly embrace remote work, there is a growing demand for effective remote work solutions. It's a sector not only poised for growth but also for innovation.

What sets this idea apart is its scalability. Whether you’re offering specialized software solutions or consultancy services for remote team management, the possibilities are broad. For those with organizational skills and a knack for tech, it’s an opportunity to shape the future of work itself.

How much you can make: $350,000/month

How long does it take to build: 150 days (?)

How I Started A $4.2M/Year Latino Virtual Assistant Platform [Over 2,000 VA's]

Virtual Latinos is a win-win-win situation platform connecting entrepreneurs and business owners with top pre-vetted talent from Latin America while helping fellow Latinos find jobs with an average salary two to four times higher than in their home countries.

Read by 5,956 founders

24. Start a privacy protection firm business

Privacy protection service helps clients hide their personal information from public view. Data privacy protection has become a top concern for executives globally. A single stroke of bad luck can create a major data security breach and cause a huge financial loss to a company.

Therefore, executives hire professional data privacy protection agencies to help them keep their data secure. Are you an information security expert? You can start a data privacy protection firm and help companies secure their data.

How long does it take to build: 365 days (?)

25. Start a data analysis service

A data analysis service is a great way to help businesses make sense of their data. This type of service can be used to provide insights into customer behavior, improve marketing campaigns, or simply help businesses make better decisions.

If you're interested in starting up a data analysis service, You will need knowledge in data analysis and the ability to communicate effectively with clients so they can benefit from what insights have been found by analyzing their information properly - this way it's not just about making money but also helping others!

iTechArt is a leading custom software development company that helps both startups and enterprises streamline their analytics process. They also generated revenue of $209 billion in 2019, while creating more than a million jobs over the past three years.

Starting a data analysis service is a perfect business idea for those with analytical skills and a desire to help businesses to make better use of their data. This business is in high demand and can be very profitable, with data analysts earning high salaries.

How much you can make: $20 — $250,000/month

How much does it cost to start: $3,500 (?)

How long does it take to build: 90 days (?)

I Built $1.54M/Year Tool That Finds The Best Investment Properties [From UK]

Founder of PropertyData creates a subscription website for UK property investors and developers that is now making $128,000 per month in recurring revenue.

Read by 10,231 founders

26. Start a clean energy supplying business

Thinking about tapping into a rapidly evolving sector with real long-term growth potential? Consider starting a clean energy supplying business. This venture focuses on distributing renewable energy sources like solar, wind, and hydro power to consumers and businesses.

In simple terms, you’ll be connecting energy producers with end-users, while promoting sustainability and reducing carbon footprints. There’s a growing demand for clean energy, driven by both environmental concerns and supportive government regulations, making it an appealing market to enter.

Setting up this business involves researching energy suppliers, establishing contracts, and ensuring reliable delivery mechanisms. While the initial work may involve navigating regulations and building a customer base, the payoff is contributing to a greener planet while running a viable, future-oriented business.

This opportunity is perfect for anyone interested in environmental sustainability and looking to make a meaningful impact through their entrepreneurial efforts.

How much you can make: $150,000/month

How long does it take to build: 500 days (?)

On Building The Next Generation Communication And Energy Network Infrastructure

KelTech IoT founder Mark Kellett shares insights on building a next-generation energy and infrastructure company bridging the energy and telecoms gap by creating more efficient and sustainable solutions as network demands increase in the age of IoT, with projected revenues expected to be greater than $100M after 5 years.

Read by 2,635 founders

27. Start an electric car charging station

As EVs become more prevalent on the road, we expect the demand for charging stations to increase. You may be interested in setting up electric vehicle charging stations at shopping malls, residential areas, and commercial centers.

The EV charging business is typically a low capital and operational cost business. The EV charging stations also require fewer human resources, and you can manage them with less intervention.

If starting the EV charging station business, choose convenient locations and a variety of chargers to suit the motorist’s needs.

How long does it take to build: 365 days (?)

28. Start a robotic engineer business

29. Become a retirement & personal finance consultant

As individuals are retiring earlier and more often than ever, there is an increasing demand for these types of services. A retirement consulting business can tap into a growing market of individuals seeking professional guidance for their post-work years.

A retirement consultant specializes in helping individuals plan for a secure and fulfilling retirement.

They assess clients' financial situations, recommend strategies for savings and investments, and guide them on how to achieve a comfortable retirement lifestyle.

How much you can make: $2,000 — $30,000/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 360 days (?)

This Solo Founder Grew A Personal Finance Blog To $102K/Year

The Modest Wallet is a personal finance website founded by Ricardo Pina that generates an average of $8,500 a month in revenue by using an affiliate commission revenue model, with a strong emphasis on SEO to drive website traffic.

Read by 10,206 founders

30. Start a drone advertising business

As the use of drones becomes more and more popular, the potential for using them as a marketing tool. Our business uses drones to display advertisements in the sky, reaching a wider audience in a unique and eye-catching way.

To start this business, you will need a few key things. First, you will need a fleet of drones that can carry the advertisements and fly for long periods. You will also need to obtain the necessary permits and licenses to operate the drones in your area legally. Additionally, you will need a team of trained pilots to operate the drones safely and efficiently.

To run this business successfully, it is important to have a clear marketing strategy and a strong understanding of your target audience. You will also need to stay up-to-date on the latest drone technology and regulations to ensure that your business is compliant and efficient.

With creativity and the right resources, Drone Advertising can be a lucrative and unique way to advertise your business. We hope you consider joining this exciting industry and bringing your marketing to new heights!

31. Start an automated home cleaning robot business

A home cleaning robot is an autonomous robotic vacuum cleaner with a limited vacuum floor cleaning system that features sensors and automated drives with programmable controllers.

The use of robots in home cleaning is a trend that is gaining traction. Experts estimate that the global cleaning robot market will witness a CAGR of 14.6% in the next decade.

Ideally, homeowners prefer the cleaning robots because they save time, can be used for emergency cleaning, and reach all surfaces, including underneath furniture. Besides, robotic home cleaning has proven to be an invaluable tool for people with mobility issues and those who hate vacuuming floors.

32. Start a freelance marketplace business

A freelancing marketplace is a platform that helps companies find and hire independent professionals for temporary jobs or special projects. How freelancing platforms work is simple.

When a client posts a job on the freelancing platform, interested freelancers will send proposals requesting the client's consideration for the task. The client will hire a favorite candidate and create a contract, which includes funding the escrow account so that all parties feel secure.

Upon completion of the task, the freelancer submits to the client via the freelancing platform and requests payment release by the client. Once the client is satisfied, the next step is the release of escrowed funds to the freelancers.

At this point, the contract may remain open, or both parties can decide to close the contract.

The corporate world has changed more in the past few years. Today's generation of workers prefer working remotely, and most have given up the idea of a full-time job in a corporate office. According to experts, more than 50% of the US workforce will shift to freelancing in the next few years. Therefore, freelancing platforms like Upwork will register more users over the coming years.

As the freelancing economy continues growing, we must keep our fingers on the pulse of this current trend.

Are you looking for a futuristic business idea you can embrace today? How about starting a freelancer marketplace? Building a freelancer marketplace is not as difficult as it may seem.

To start, choose a business niche and decide on the marketplace business model. Then, come up with a list of requirements, and create a visual identity and user interface for your freelance marketplace. As soon as the graphic design is at hand and your product is in action, begin the rapid prototyping process. Finally, test and launch the platform.

How much you can make: $100 — $500,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 90 days (?)

How I Started A $80K/Month Business Connecting Freelancers With Companies

Flexiple is a customer-funded profitable business, generating $80K in gross monthly revenues on an average over the last 6-months, driven by their focus on connecting high-quality freelancers with companies looking for reliable and remote talent, while continuously iterating on their business model and expanding into complementary areas like tech hiring and content marketing.

Read by 16,788 founders

33. Start a wind energy installation business

Wind power offers excellent opportunities for fulfilling energy needs. Besides, wind energy reduces air pollution emissions, including sulfur dioxide, nitric oxide, nitrogen dioxide, and particular matter.

The above factors have contributed significantly to the increased adoption of wind power as an alternative energy source. In addition, governments are adopting initiatives to combat climate change, with the adoption of wind energy among the key strategies.

Experts project that the global wind turbine market will grow at a 5.9% CAGR to reach $94.26 Billion in the next few years. Therefore, if you are interested in starting a business in the energy sector, wind energy can be a lucrative opportunity.

To venture into the wind energy sector, consider starting a wind turbine installation business or becoming a certified wind energy solutions installer.

34. Start a mobile marketing consulting business

35. Start a children special needs daycare business

36. Start an accounting firm

Accounting firms provide audit, assurance, consulting, financial advisory, risk management, and tax compliance services.

Professionals are increasingly choosing to work independently rather than for employers. Thus, you may consider starting an accounting firm if you are an accountant.

To ensure a successful business, you must have a blend of accounting skills and experience. Like starting any other business, you must have the drive and the initiative to start your business.

Overall, the success of an accounting firm depends on marketing your services.

How much you can make: $8,000 — $500,000/month

How much does it cost to start: $5,000 (?)

How long does it take to build: 60 days (?)

How We Started A $8K/Month Bookkeeping, Tax And CFO Service

A4E, a full-service accounting business, grew five times from when it started about a year ago when it was only offering tax services, and its current MRR is around $8k with a targeted MRR of $13k, providing 100% done-for-you accounting solutions that combine bookkeeping, taxes and CFO services under one roof and for an amazing value for US-based businesses in tech-related industries and services.

Read by 10,133 founders

37. Start an inventory management system

Managing inventory can be the backbone of a profitable business. Picture an inventory management system that streamlines your stock control and optimizes your operations. This business idea involves creating software solutions that help businesses track and manage their inventory in real-time.

By developing an inventory management system, you'll provide a vital tool for businesses to monitor stock levels, manage orders, and forecast demand. The system can integrate with their sales and accounting platforms, simplifying the multi-channel inventory process.

With the rise of ecommerce and a global supply chain, businesses of all sizes need efficient inventory management. Your role will be to design and implement a system that cuts down on waste, reduces costs, and improves overall efficiency. It's a crucial service in today's fast-paced market, providing a path to success for savvy entrepreneurs.

There's a growing market that values precision, reliability, and efficiency—your opportunity to make a significant impact.

How much you can make: $500 — $375,000/month

How much does it cost to start: $200 (?)

How long does it take to build: 90 days (?)

How We Partnered With Salesforce To Develop A $330K/Month Laboratory Information Management SaaS

Third Wave Analytics developed the world's first cloud-based and customizable LIMS platform on Salesforce, generating $330k monthly revenue from clients such as Ohio State University and Boston University School of Medicine while partnering with the University of California-Berkeley for a COVID-19 study; founder Savitra Sharma advises aspiring entrepreneurs to focus on clear objectives to meet their goals.

Read by 8,124 founders

38. Start a DNA design firms business

39. Start an artificial intelligence business

The global artificial intelligence market size is estimated to grow by approximately 54% YoY, reaching over 22 billion U.S. Dollars in the next few years.

Therefore, starting an AI-related business today can be a lucrative business opportunity. Are you wondering which AI business ideas you can start in 2024?

Here is a full list of top artificial intelligence business ideas you can start today.

How much you can make: $150 — $300,000/month

How much does it cost to start: $6,500 (?)

How long does it take to build: 90 days (?)

How We Started Our $100K/Month Medical Artificial Intelligence Software Company

AdviNOW Medical uses artificial intelligence to automate clerical work, resulting in doctors being able to focus solely on patients and patients seeing more doctors every day, leading to increased profitability while solving healthcare issues.

Read by 9,284 founders

40. Start a lunar tour guide business

Since the first travel to the moon, Lunar tourism has remained a common topic at space conferences. Apart from being a trivial topic, lunar tourism is a potential business and so unstoppable.

Thus, many people will enjoy traveling to the moon, and they will enjoy their time there. If you are interested in starting a business in the space industry, consider introducing lunar tourism.

41. Start a vertical farming business

Vertical farming entails stacking farms vertically. Modern farming technology has enabled small land to be utilized for more production. As more people embrace organic farming, creativity is needed to enable the masses to utilize the limited farming land and maximize productivity.

Therefore, people have turned to vertical farming. According to experts, the vertical farming market will reach over $24 Billion in the next few years, registering a CAGR of 22.9 percent.

Setting up a vertical farm requires skills, technology, and equipment. Therefore, there is a business opportunity for those with the relevant skills, technological know-how, and equipment. Starting a vertical farming business can be a lucrative venture.

42. Start a greenhouses company

A greenhouse business involves cultivating plants and vegetables in a controlled environment, typically using a greenhouse structure to regulate temperature and humidity levels. This type of business can be run on a small or large scale, with options for selling directly to consumers or wholesale to retailers or restaurants.

To run a successful greenhouse business, it is important to have a strong understanding of plant growth and care and proper greenhouse management techniques. It is also essential to have a solid business plan, including a marketing strategy to reach potential customers and a budget for expenses such as seeds, soil, and equipment.

One tip for success is to focus on growing high-demand, specialty crops that may be difficult to find locally or in season. Another key to success is continually assessing and adapting to the market’s changing needs, whether through expanding product offerings or adjusting growing methods.

Overall, a greenhouse business can be a rewarding and lucrative venture for entrepreneurs with a passion for horticulture and a desire to contribute to the local food system.

43. Start a community recreation center business

Community recreation centers are public buildings where people of all ages can meet, play sports, and participate in other activities.

In a town or a major city, you likely live among people who enjoy safe, enjoyable recreational activities.

Hence, starting a community recreation center can be profitable.

Gaining relevant experience is helpful if you want to start and grow a successful recreational business. Once you have chosen a niche, you must apply for business registration, tax permit, and other permits as required by law.

How long does it take to build: 30 days (?)

44. Start a wellness and natural health business

Have you been toying with the idea of starting a business in the medical sector? How about the wellness and natural health business?

With an approximately 6.4% YoY growth rate, the health and wellness industry is one of the best business ideas you will think of starting today. Health and wellness professionals include health coaches, personal trainers, and even yoga teachers.

If you plan to start a health and wellness business in 2024, find your area of focus, and determine the kind of service or product you will provide. Research the market and find an ideal location.

You may choose the eCommerce or hybrid model, where you have a physical office and online consultation.

How much you can make: $25,500 — $500,000/month

How long does it take to build: 150 days (?)

I Created A $2.7M/Year Software That Extends People's Lives By Analyzing Their DNA

Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.

Read by 8,603 founders

45. Start a marriage counseling and therapy business

Relationships can be incredibly rewarding yet complex. Starting a marriage counseling and therapy business offers a meaningful way to help couples navigate these complexities. In simple terms, this business involves providing professional therapy sessions to help couples strengthen their relationships.

By setting up a practice, you'll offer a safe space for couples to communicate openly and resolve their issues, making a real impact on their lives. With rising awareness around mental health and relationship well-being, the demand for skilled marriage counselors is growing.

The work involves obtaining the necessary credentials, creating a welcoming office environment, and building a reputation through effective therapy. It's a rewarding opportunity for those who are skilled in empathy, communication, and problem-solving, providing not just a livelihood but also a way to make a difference in people's lives.

How much you can make: $50,000/month

How long does it take to build: 1 days (?)

This Couple Started A $50K/Month Business Helping People Get Married in Denmark

This husband and wife duo started a wedding consultancy agency, 'Getting Married in Denmark', which has gone from doing 5-10 weddings a month to 80-100 weddings a month in just 4 years, massively growing their revenue.

Read by 7,306 founders

46. Start a scientific research business

Curious about the intersection of science and business? Consider starting a scientific research business. This venture involves providing specialized research services to organizations in need of data, analysis, and expert insights.

You'll collaborate with academic institutions, corporate entities, and government agencies to conduct studies, experiments, and fieldwork. It’s not just about lab coats and test tubes; this business requires meticulous planning, project management, and strong networking skills to secure funding and contracts.

Interested in driving innovation? This field positions you at the forefront of scientific advancement, addressing real-world problems and contributing valuable knowledge to various industries. Creating a research firm enables you to harness your scientific expertise and entrepreneurial spirit, offering a rewarding and intellectually stimulating career.

For those who thrive on curiosity and data, launching a scientific research business offers both challenges and enormous potential.

How much you can make: $1,500,000/month

How long does it take to build: 435 days (?)

How We Built A $1.5M/Month Survey And Research Solution

TapResearch generates roughly $1.5M in revenue per month through their Sample and Insights platforms, which allow market researchers to access survey respondents they need and make fast and easy decisions through a highly scalable respondent network that delivers surveys to hundreds of millions of people.

Read by 10,059 founders

47. Start a migration-as-a-service business

Legacy infrastructure is outdated and unreliable. To achieve the growth and agility of businesses, industries hire migration as service experts to deploy their cloud migration. The migration service involves upgrading the entire business operations to the cloud.

The migration as a Service company applies various automation tools, scripts, proven migration planning, sequencing, matured engagement models, and team structure to deliver a hassle-free experience throughout the business transformation phase.

Experts estimate that migration as a service industry will post a CAGR of over 24% in the next decade.

As businesses focus on cloud computing to enable rapid growth, starting a migration as a service can be profitable. Depending on the service type, the migration is bifurcated into managed and professional services.

How much does it cost to start: $5,000 (?)

How long does it take to build: 60 days (?)

48. Start an automated translating services business

Looking to bridge language gaps with technology? Consider starting an automated translating services business. This venture leverages advanced AI to offer real-time translation for clients, eliminating the need for human translators.

Setting up involves partnering with developers to create a reliable translation software or platform. The focus will be on marketing your unique solution to businesses and individuals who need accurate and quick translations, from documents to live conversations.

The rising demand for seamless global communication makes this business idea particularly lucrative. Imagine a world where language barriers are practically non-existent, and your service is the go-to resource for breaking down these walls.

With persistent effort in refining the technology and building a strong client base, you can establish a firm foothold in this growing market.

How much you can make: $200,000 — $550,000/month

How long does it take to build: 75 days (?)

Buying A Translation Company And Growing It To $4M/Year

DEMAN Translations grew from 6 employees and 1.5 million euros in turnover in 2015 to 17 team members and 3.5 million euros in sales in 2020 after acquiring 12 other translation agencies, with a goal to reach 6 million euros this year and 10 million euros in 2022.

Read by 8,513 founders

49. Start an instagram consulting business

Struggling to grow on Instagram? An Instagram consulting business might be your next venture. In simple terms, this business involves helping brands and individuals maximize their Instagram reach and engagement.

As an Instagram consultant, your role would be to create strategies, optimize profiles, and curate content that resonates with target audiences. It’s not just about pretty pictures – it’s about understanding analytics, staying updated on platform changes, and implementing effective growth tactics.

For those with a knack for social media, this consulting business can be both fulfilling and financially rewarding. With the rising importance of digital presence, many are willing to invest in expertise to boost their online image.

If you're driven by data and creativity, and enjoy helping others succeed, this business idea is worth exploring. It taps into a growing market and offers flexibility – you can work with clients across various industries from anywhere.

How much you can make: $50,000 — $150,000/month

How much does it cost to start: $5,500 (?)

How long does it take to build: 120 days (?)

How I Left My Job To Start A $50K/Month Digital Advertising Agency Specialized In Facebook Ads

This case study is about how the founder of AdvertiseMint, a Facebook advertising agency, started the company with just one employee and has since grown it to 25 employees, managing close to $100 million in digital media buys for clients such as Coca-Cola and Viacom.

Read by 11,968 founders

50. Start a body part making business

51. Start a space hotel business

52. Start an internet infrastructure business

Internet infrastructure is a collective term referring to all hardware and software systems that constitute essential components in internet operation. Common internet infrastructure includes routers, switches, hubs, bridges, gateways, load balancers, and servers.

The internet has become a critical component of every business we transact today. Its adoption is expected to continue multiplying. The new connections will require additional internet infrastructure, a trend that will create business opportunities.

Telecommunications companies have provided the infrastructure to allow data flow around the planet. Private entrepreneurs are also chipping in to help meet the demand for internet connectivity and deliver an excellent user experience.

Experts predict the network infrastructure segment will reach $191.8 billion. The largest subsegment will be the Service Provider Network Infrastructure. Therefore, starting an internet infrastructure company could be your next great business opportunity.

How much you can make: $100 — $150,000/month

How much does it cost to start: $5,000 (?)

How long does it take to build: 340 days (?)

How We Developed A Portable Wi-Fi Product And Are Now Generating $30K/Month Revenue

Fli-Fi is a temporary internet connectivity and WiFi company that has seen consistent triple-digit growth over the last 6 years, with more than 30 jobs and repeat business from clients who trust and rely on their great service.

Read by 2,772 founders

53. Start a co-working space rental business

The co-working spaces are becoming essential in the post-pandemic world. Experts estimate five million people will occupy coworking spaces in the next few years. The projections are based not only on the growth the coworking industry has experienced over the past few years but also on the sharp increase in the number of startups coming up each year.

Therefore, creating your coworking space business will become a lucrative opportunity. To create a coworking space, do proper market research to ensure you have the demand for a co-work space in your target area.

Then, focus on finding an ideal location to attract the maximum number of customers.

How much you can make: $4,000 — $300,000/month

How long does it take to build: 180 days (?)

How We Started A $13K/Month Coffee Shop And Coworking Space

Chicago based Ignite Technology and Innovation-owned Momentum Coffee & Coworking, which focuses on coffee, coworking, community, and event space, rakes in about $17-20k a month in revenue, mostly from online and offline advertising, and just celebrated their first anniversary, with plans to open 2 more locations in Chicago in under-resourced communities.

Read by 6,088 founders

54. Start a data crunching business

Data crunching refers to an automated analysis of a large amount of data originating from big data. Once the data is imported into a system, the data is sorted, structured, processed, and analyzed to help a machine reach informed decisions.

Data crunching experts enable companies to derive value from their data by enabling a deep analysis. The business can make informed decisions, and identify new opportunities, so their operations run more efficiently.

Examples of departments likely to benefit from data crunching include finance, marketing, media, entertainment, automobile, and the energy sectors.

For entrepreneurs looking to venture into the business of data crunching, there has never been a better time than the present. Startups and existing companies are hiring data crunching experts to help them understand their customers, so they can streamline operations accordingly.

You need data experts and high-quality hardware to start a data-crunching business.

55. Start a jet-pack dealership

A jet pack, rocket belt, or rocket pack is a device worn over the shoulders like a backpack, enabling the wearer to travel through the air or space using jet propulsion.

Reports show that the jetpack market will rise considerably, a trend that will go on over the next decade. The jetpack application areas include military, first responders, recreational, and commuters.

Therefore, starting a jetpack line can be a great business opportunity. A potential opportunity within this industry is opening a jetpack dealership. As a dealership, your business will involve making the jetpacks available to final consumers. Dealers also offer the sale of service parts and general maintenance of the jetpacks.

If you are starting a jetpack dealership. Find regions where jetpacks are popular. Register your business and market your brand appropriately to expand its reach.

56. Start a holographic theater business

57. Start a virtual reality business

Are you looking to start a virtual reality-based business but unsure what to create?

VR offers business owners new possibilities for showcasing products and services to their customers. The VR industry is snowballing, and experts estimate it will reach a CAGR of 19.0 % over the next few years.

The good news is that there are so many VR business ideas you can start and profit from in the multi-billion dollar industry. If you're looking to start your own VR-based business, here are low-capital options you can choose from.

How long does it take to build: 180 days (?)

58. Start an asset management business

Managing other people’s money can be a rewarding career path. An asset management business involves advising individuals or companies on how to invest their financial assets to maximize returns and manage risks.

The core of this enterprise revolves around creating tailored investment strategies, guiding clients to diversify their portfolios, and continuously monitoring market trends. Advanced analytical skills and a deep understanding of various financial products are essential to succeed.

This field certainly demands meticulous research, strong regulatory knowledge, and impeccable client relationship management. It’s a sector that offers excellent growth prospects and the opportunity to make a tangible impact on your clients' financial futures.

For those who have a knack for numbers and the stock market, starting an asset management business can be both fulfilling and financially lucrative, providing a sustainable path in the ever-evolving finance industry.

How much you can make: $3,500 — $1,000,000/month

How long does it take to build: 185 days (?)

How This Police Lieutenant Started A $3.5K/Month Side Business Blogging About Financial Education

Police lieutenant Ryan Luke grew his side business, Arrest Your Debt, into a $3,500 monthly income stream by blogging about personal finance tips through a focus on financial literacy for first responders.

Read by 6,706 founders

59. Start a solar powered office business

60. Start a biometric sensor business

61. Start a meat grower business

Cultivated meat, also known as grown or cultured meat, is genuine animal meat produced through the cultivation of animal cells.

The introduction of meat growing eliminates the need to raise farm animals for food. According to a CNBC report, lab-grown meat is making strides, a trend that is becoming unstoppable. Experts project that the cell-based meat market will reach 94.5 billion in the next few years.

If you are starting a lab-grown meat business, establish and meet safety requirements. Then, develop a clear and understandable labeling practice, and focus on offering the customers a price parity with conventional meat.

62. Start a kids friendly apps business

According to experts, 53% of 3-4 years old kids use mobile phones to play games or watch videos. In addition, 79% of 5 to 7 years old kids and 99% of 12 to 15 years use phones for multiple purposes.

Starting a kids-friendly apps business can be lucrative, with kids getting more addicted to using phones.

Are you a qualified app developer? You can start focusing on the development of kids-friendly apps. Alternatively, you can hire an experienced programmer to help you with the app development tasks as you concentrate on marketing.

63. Start a veterinarians business

64. Start an employee monitoring business

Managing your workforce effectively can make the difference between growth and stagnation. An employee monitoring business offers critical insights by tracking productivity and ensuring compliance.

At its core, this business involves providing companies with tools and software to observe work patterns, assess performance, and secure data. You’ll be setting up systems that record activities, track working hours, and monitor both onsite and remote employees. This requires a robust understanding of software solutions and data privacy regulations.

For companies aiming to optimize their operations, employee monitoring can uncover inefficiencies and boost productivity. If you have technical expertise and a knack for problem-solving, starting an employee monitoring business can be both financially rewarding and impactful.

Building trust with clients through transparent practices and reliable technology is crucial. This business promises a steady demand as workplaces continue to evolve and adapt to new economic realities.

How much you can make: $99,997 — $1,833,333/month

How long does it take to build: 120 days (?)

Our Employee Recognition SaaS Started on Google Sheets And Eventually Raised $500K From VCs

In this case study, Intelogos, a software company focused on employee wellbeing and performance management, shares their journey of overcoming challenges, gaining valuable user feedback, and securing their first customers, including receiving a substantial $500,000 investment from a venture fund after a successful launch on Product Hunt.

Read by 965 founders

65. Start an in-home senior care business

With the busy lifestyle, family members are often absent and employ in-home caregivers to look after the elderly parents.

Caregivers assist the elderly with personal care routines, including bathing, grooming, dressing, toileting, and exercising. Caregivers also oversee medication & prescription usage and administer medicine.

Researchers anticipate a shortage of more than 100,000 caregivers for the elderly in the next decade. Therefore, starting an in-home senior care business is a great opportunity if you enjoy caring for the elderly and spending time with them. You can choose to work as an overnight caregiver or whichever work schedule suits you.

How much you can make: $250,000/month

How long does it take to build: 150 days (?)

How I Started A $250K/Month A Home Care And Nursing Service Provider

The CareSide scaled to $5 million in revenue over 3 years by utilizing a data-driven approach to sales and marketing, with a focus on Google Adwords and Facebook ads, and implementing extensive automation into back end systems.

Read by 15,934 founders

66. Start an asteroid mining business

67. Start a renewable energy equipment and devices selling business

Renewable energy equipment and devices refer to apparatus permanently installed on premises used for the generation, transmission, or utilization of mechanical or electrical power. With increased technological advancements, renewable energies have a significant impact.

Businesses and households are finding efficient and creative new ways of producing and storing renewable energy to meet the rising energy demand. As investments in renewable energy are rising, demand for renewable energy equipment and devices is rising. Therefore, starting a business in this line can be profitable.

How much you can make: $50,000 — $600,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 90 days (?)

How I Started A $600K/Month Company Selling Low Cost Solar Energy

Clean Energy Solutions, a solar-energy provider based in LA, has grown over 6700% from 2014 to 2019, with monthly revenue around $600,000 and plans to expand its energy-efficient affordable housing division, thanks to its unique solar program allowing clients to save money using solar energy at a lower price than their utility would charge.

Read by 68,091 founders

68. Start a marketing automation business

Marketing automation simplifies the complex world of digital marketing. By leveraging advanced software, businesses can automate repetitive marketing tasks such as email campaigns, social media posts, and ad management.

This business revolves around setting up and managing these systems for companies, allowing them to run efficient, targeted marketing campaigns without the constant manual effort. Your core service would be helping other businesses boost their marketing efficiency, track customer behaviors, and personalize communication more effectively.

The allure of this idea lies in its scalability and the growing demand for efficient, data-driven marketing solutions. As companies increasingly seek to streamline operations and maximize ROI, the expertise in marketing automation becomes invaluable.

Starting a marketing automation business means diving into the dynamic intersection of technology and marketing. It's not a hands-off venture, but for those with a knack for both digital marketing and tech tools, it's an exciting and rewarding opportunity.

How much you can make: $120 — $125,000/month

How much does it cost to start: $2,850 (?)

How long does it take to build: 90 days (?)

How I Started A $15K/Month Marketing Coaching Program

Ascend Marketing founder Jim Ackerman developed a six-month 1-on-1 coaching programme to help small business owners improve their marketing, advertising, and sales systems, resulting in over 600 businesses enrolled with a unique 200% ROI guarantee and a $15k monthly profit selling 2 dozen programs yearly, and now the company provides a business opportunity for marketing professionals seeking to become marketing coaches.

Read by 8,802 founders

69. Start a remote software engineering business

Software engineering is one of the most lucrative careers for work-at-home enthusiasts. Software engineers can work from anywhere and accomplish project goals as long as they have the right skills and the right equipment.

Demand for software engineering has been rising for quite some time now, and there are no signs of stopping. Experts project software developers' employment rate to shoot by over 20% in the next few years. If you have software engineering skills and are passionate about working from home, there is no suitable time to start your business like now. A software engineering business begins with completing a relevant programming course and building some projects. Hence, you gain the skills and experience required to become a software engineer.

You can start your own software building company targeting companies, startups, or even individuals.

70. Start a water trading business

71. Start an electric car production business

The electric vehicle industry refers to all vehicles that use electricity as their primary energy source. The EV vehicle industry has grown rapidly over the past decade. New businesses are springing up every day to serve EV customers.

Experts estimate that the market size of electric vehicles will reach nearly 26 million people within the next two decades. Therefore, there is a promising business opportunity for those interested in the EV industry.

Starting an EV business involves huge capital investment, while the competition levels are high. In that regard, the easiest approach for entering the EV industry is through partnerships with existing EV manufacturers.

72. Start a power storage business

Demand for energy storage systems is progressing at a CAGR of 11.0% to surpass 435 Billion in the coming years. According to experts, the growing demand for efficient and competitive energy resources will propel the market growth.

As energy storage systems continue to become popular, starting a storage systems business today will be a great idea. Business opportunities within the energy storage sector include:

  • Grid-scale storage
  • Behind the meter storage
  • Off-grid storage
  • Mobility storage

73. Start a stem cell pharmacy business

74. Start a solar water system business

The use of solar water heaters to generate heat is a well-established technology that has been around for decades. Adding solar water heaters to a house is proven to add value based on the energy efficiency factor and the fact solar energy reduces the carbon footprint.

Besides, modern solar water heaters provide a low-maintenance energy option and will provide heating no matter the weather.

Solar water heating solutions have become a popular option based on this efficiency. Starting a solar water heater business can be a lucrative venture. You can start a solar water heating systems manufacturer, installer, or dealership under an established systems manufacturer.

75. Start a nanomedic business

76. Start a car sharing service

Globally, people are looking for the most cost-effective way to move about. The increasing cost of car ownership has forced people to car sharing services.

Car sharing is where vehicle owners offer their vehicles for others to rent for a short period. The arrangement saves gasoline, parking fees, maintenance costs, taxes, and other expenses. Also, car sharing is a practical alternative for those on a budget who do not necessarily need full-time access to a vehicle.

According to experts, the global car-sharing market has exceeded 2 billion and will keep growing at a CAGR of over 20% for the next decade. In that regard, starting a car-sharing service presents a lucrative business opportunity.

With enough capital, you can purchase multiple vehicles and launch your car-sharing service.

77. Start a smartphone repair service

78. Start a P2P lending platform business

A p2P lending platform allows participants to borrow and lend sums of money without relying on conventional financial institutions. Experts expect the peer-to-peer lending market to grow at a CAGR of over 21%, reaching a valuation of over 10 billion in the next few years.

No longer the new kid on the block, P2P platforms have entered the mainstream and brought unprecedented support for small and medium-sized enterprises. Therefore, starting your P2P lending platform can be a great business venture.

To build a peer-to-peer lending platform, decide on the business formation and register your business name. Then register a domain and raise money for your startup capital.

meet the author
Pat Walls