Digital Services Business

Business Idea: Start A Digital Services Business in 2024

Updated: September 3rd, 2024

Avg Monthly Revenue
$299K
Avg Startup Costs
$5.89K
Score
77
Market Size
Avg Revenue
Min Revenue
$15.5K/month
Max Revenue
$1.77M/month
Avg Days To Build
45 days

Tired of trading hours for dollars? Starting a digital services business might be your solution. A digital services business encompasses any skill-based offering that can be delivered online—think content writing, web design, digital marketing, and virtual assistance.

What sets this type of business apart is its low overhead. You can work from anywhere, eliminating the need for physical office space. All you need is a reliable internet connection, the right tools, and a skill set that’s in demand. Platforms like Upwork and Fiverr can connect you with clients who need your services.

Given the growing reliance on digital solutions, there’s ample room for scaling your operations. You can build a team of freelancers or consultants to handle larger projects and diversify your service offerings. Setting up efficient project management and communication tools will be crucial. A digital services business lets you monetize your skills effectively and flexibly, making it an attractive option for self-starters.

Revenue & Profitability

How much do digital services businesses make?

Startup Costs

How much does it cost to start a digital services business?

  • It can cost as low as $50 to start a digital services business.
  • It can cost as high as $89,997 to start a digital services business.

Learn more about the costs of a digital services business.

Examples Of Successful Digital Services Businesses

Successful digital services business businesses and case studies

Learn how Sahil Lavingia grew Gumroad from a weekend project into an e-commerce powerhouse generating $21.2 million annually, using nothing more than elbow grease and cold emails to drive their early growth.

$1.77M Monthly Revenue
Read by 789 founders

BrandBurp, a digital marketing company founded in 2015, has leveraged over 2,000 brands to strategically market their business and boost their revenue, generating over 1,000 leads and 3 billion USD ROI globally and working with big names such as Coca-Cola and Supreme.

$100K Monthly Revenue
$1K Startup Costs
Read by 4,680 founders

See full list of successful digital services businesses.