Online Business Tool

Business Idea: Start An Online Business Tool in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$10.4K
Avg Startup Costs
$16.8K
Score
73
Market Size
Avg Revenue
Min Revenue
$3K/month
Max Revenue
$20K/month
Avg Days To Build
60 days

Struggling to manage your growing list of tasks? Consider venturing into the world of online business tools. Online business tools are software applications designed to streamline and optimize your business operations. This can range from project management tools, like Trello and Asana, to customer relationship management (CRM) systems, like HubSpot and Salesforce.

Developing or curating a suite of such tools helps businesses automate repetitive tasks, enhance productivity, and improve overall efficiency. The demand for reliable online tools is ever-increasing as more businesses move their operations online. This is not a simple endeavor; it requires a deep understanding of business needs and technical know-how.

Yet, the impact and potential revenue from relieving common business headaches can be substantial. For those interested in providing solutions through technology, creating or reselling online business tools offers a promising and meaningful business opportunity.

Revenue & Profitability

How much do online business tools make?

Examples Of Successful Online Business Tools

Successful online business tool businesses and case studies

A case study on the founder of Vindy and Upvoty, who used his experience with his first startup to quickly grow his second startup to over 100 customers and $500 MRR, all while financing everything with the profits of his first company.

$20K Monthly Revenue
Read by 7,072 founders

Stagetimer generates $8,000 in monthly revenue by providing a simple online countdown timer for event producers to keep meetings and presentations on time, built based on a need in the market and validated through word of mouth and search engine optimization.

$8.33K Monthly Revenue
Read by 14,379 founders

See full list of successful online business tools.