70 Recession Proof Business Ideas You Can Start Today [2024]

Updated: July 24th, 2023

Interested in starting a recession proof business in 2024?

We put together 70 of the best recession proof businesses you can start in today.

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

Here's the full list:

1. Start a veterinary clinic

Another thriving and profitable business is to open a veterinary clinic. This one of the most suitable business ideas for veterinarians to start.

If interested, make sure that you locate one near an area with lots of dog owners and animal farms. These people are your target market, and it's wise to take your business there. You’ll also need to learn how to market yourself so that you can reach out to those people who might need your services.

The average veterinarian salary in the United States is $100,000 annually or $51.28 per hour. Beginning salaries start at $70,783 annually, while most experienced workers earn up to $144,023 annually.

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

How My Love For Animals Led Me To Start A $200K/Month Veterinary Hospital

Discover how Dr. Ellie Scott grew Stringtown Animal Hospital from a staff of four to a team of 23, with five veterinarians, and now has $200K in monthly revenue, by focusing on individual pet risks and the needs of the pet family.

Read by 4,589 founders

2. Start a mobile photography business

Want to start your own photography business? You're not alone. With the rise of social media and photo-sharing, blogging, and online retailing, it's never been easier to start making money behind your camera.

There are photographers shooting weddings, creating images for ad campaigns, freelancing for magazines, touring the world, taking photographs of destinations — the list is endless!

To start mobile photography , research the target audience and determine which specialization area is more lucrative. Invest in high-quality, professional cameras, lenses, and a computer with professional software photo-editing software.

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

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

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

Embracing the Experience Economy with a $300K/mo Photo Booth Startup

Photobooth Supply Co. offers a profitable business opportunity through their sleek and portable photo booths, with up to 97% satisfaction rate and a focus on customer experience, in a fast-growing event industry where photo booths are exploding.

Read by 16,909 founders

3. Start an event management company

Do you have a basic understanding of events, possess great communication skills, and aren’t afraid to talk to C-suite executives, event attendees, donors, brand sponsors, and vendors?

Event management is a profession that is growing rapidly. Experts estimate that the event management and planning industry will experience a growth rate of 10% in a few years.

You can use your skills and passion by starting an event management company. Event management is not only an exciting career, but it is also a profitable business opportunity, with endless opportunities, you can focus on social and entertainment events, and corporate events, or become a general event management company.

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

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

How long does it take to build: 160 days (?)

How I Started a $150K/Month Ticketing Platform That Sells More Than 5 Million Tickets A Year Worldwide

A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.

Read by 11,065 founders

4. 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

5. Start a freelancer platform

Freelancer platform is a place where people come with skills and services to offer and people come who need those skills and services. So we can say freelancer platforms are a marketplace for sellers and buyers of services and skills.

The freelancing industry is growing rapidly and it's becoming a popular career option for people who are "non-traditional" employees. The global Freelance Platforms market size is expected to reach $6.7B by the year 2025. While working on a full-time job, freelancers simultaneously work on a freelance career. The platforms available online help them to increase their business by attracting new clients.

With all of the businesses looking for help on their websites, it would be a good idea to start a freelancer platform. Freelance platforms do well because people have jobs that need to be done and businesses have the resources to pay for the job at hand.

How much you can make: $1,000 — $5,000,000/month

How much does it cost to start: $6,100 (?)

How long does it take to build: 100 days (?)

We Bootstrapped A Tech Talent Platform To $1.2M Sales In Our First Year

CloudDevs, a tech talent platform that sources and vets freelance tech talent and matches them with companies, has achieved $1 million in GMV in its first year, plans to achieve 100% growth year on year, and focuses on customer loyalty through its Net Promoter Score metric.

Read by 17,327 founders

6. 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

7. Start a content writing company

Content writing involves writing, editing, and publishing content in a digital format. Examples of content include a blog post, product description, and podcast script—eBooks, press releases, or landing page content.

Becoming a content writer allows you to work as your boss. Therefore, you choose whatever working schedule suits you and take a manageable workload. Moreover, content writing helps you develop essential skills you may not obtain from regular writing.

Content writing is a highly-on-demand service, as companies compete for the online audience who often begin their shopping journey by searching for relevant and educative content online. Therefore, a content writing company is an excellent source of passive income.

To start a content writing company, research the market and choose a suitable niche. Sketch a proper business plan and create a website. Hire a pool of talented writers and leverage modern technology to streamline operations.

How much you can make: $1,000 — $550,000/month

How much does it cost to start: $600 (?)

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

How Dani Mancini Transformed Her Freelance Gigs Into A SaaS Business

Scribly.io, a subscription-based copywriting service providing high quality content that helps businesses scale at roughly 50% of the cost of hiring in-house, created by Dani, a first-time entrepreneur who started with just a few hundred dollars worth of projects and with the help of three other writers; as of last month, Scribly.io topped $14K monthly revenue.

Read by 13,398 founders

8. Start an online course sales business

Do you know you can make money selling what you are passionate about? People are making money creating courses and selling them online. Common online courses include music, cooking, coding, web design, dropshipping, etc.

Thus, you can turn it into a passive income by launching online classes if you have a skill. All you need is to choose a target audience, create the online course and choose an online learning platform where you can sell the course.

The e-learning market is expected to be worth over $645 Billion in the next few years.

How much you can make: $100 — $300,000/month

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

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

I Make $120K/Year With My Print On Demand T-Shirt Side Hustle

A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.

Read by 12,025 founders

9. Start an ecommerce store

An eCommerce business is a company that sells products or services online. Ecommerce businesses have many advantages over brick-and-mortar businesses, including lower overhead costs, increased flexibility and reach, and the ability to reach a wider audience.

eCommerce is booming right now because of the convenience and efficiency it offers consumers. Consumers can buy products from their favorite brands on a platform that makes the whole process easier than ever. They don't have to leave their homes or go out in public, they can just sit down at their computer, tablet or smartphone and browse through all of the options available to them.

To start an ecommerce business, you'll need to set up a website where customers can browse your inventory and purchase items, as well as payment processing software that allows you to accept credit card payments. You'll also need to choose a shopping cart software and manage inventory tracking software.

How much you can make: $350 — $13,500,000/month

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

Time commitment per week: Min. 5 hours/week

How I Started A $20K/Month Southern Inspired Candle Business

Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.

Read by 72,273 founders

10. Start an ecommerce marketing agency

Ecommerce agencies help online sellers achieve their eCommerce business goals through creative, technology, and marketing skills.

Hiring an eCommerce agency enables online sellers to start an eCommerce business or grow an existing one without employing full-time staff.

The eCommerce industry is often changing, and online sellers must match the current trends or risk being paced out by the competition. Balancing between production, launching creative services, and working on growing their eCommerce brands can be extremely difficult. Thus, the brands have no other option than hire eCommerce agencies.

Starting an eCommerce agency can be a profitable and fulfilling business opportunity. If you plan to state your eCommerce agency, educate yourself on the current trends and focus on building digital skills. You may focus on a particular niche or offer end-to-end services to your customers.

How much you can make: $7,500 — $8,300,000/month

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

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

How I Started A $120K/Month Online Course For Social Media Marketing 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.

Read by 15,822 founders

11. Start a DIY business

Ever wondered how your knack for crafting could turn into a thriving business? Consider starting a DIY business. A DIY business involves creating handmade, unique products to sell directly to consumers, often through online platforms like Etsy or local market stalls.

The beauty of this venture is its accessibility; you can commence with minimal investment by using materials you already own or sourcing affordable supplies. Crafting jewelry, home decor, or personalized gifts—your product line is entirely up to your creativity.

While the work involves manual labor and time, the rewards are compelling. You have the flexibility to work from home and the satisfaction of turning passion into profit. Interested in learning more? Discover the potential of DIY entrepreneurship today and start crafting your success story.

How much you can make: $2,000 — $1,100,000/month

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

How We Created The Perfect Cooking Kits And Made $860K In Sales In One Year

Cooking Gift Set Co. generated $866,000 in sales in 2020, with 70% on Amazon, 26% Wholesale, and 4% e-commerce, using their strengths in design to create cooking kits with beautiful packaging, customized instructions, and high-quality lifestyle photos to differentiate from copycats.

Read by 11,479 founders

12. Start a recruiting agency

The global online recruitment market size was $29B in 2019 and is projected to reach $43B by 2027.

The best way to assess the success of a Recruiting Agency is to review what their clients say about them and the results achieved for those clients.

As a recruiter, you dream of landing your first client, but once you do, you realize it’s only the start of what you hope will be a successful business. Have you ever wondered how to start a recruiting agency business? There’s so much you can learn from books, but nothing beats getting real-world experience.

How much you can make: $100 — $320,000/month

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

How I Started A $3M/Year Remote Worker Recruitment Agency

DistantJob is a unique recruitment agency that specializes in finding full-time remote employees, and with $3 million in annual revenue, they offer small to medium-sized tech companies an edge over big competitors who are not willing to hire remotely.

Read by 12,073 founders

13. Start an online vape shop

Looking to tap into the booming e-cigarette market? Consider launching an online vape shop. This venture focuses on selling vaping devices, accessories, and e-liquids to customers through an online platform.

Setting up an online vape shop involves creating a user-friendly website, establishing supplier relationships, and ensuring compliance with industry regulations. It's a market with growing demand as more people turn to vaping as an alternative to smoking.

What makes this business appealing is its scalable model and the opportunity to cater to diverse customer preferences with various products. Whether it’s sourcing unique e-liquid flavors or the latest vaping tech, the potential to carve out a niche is substantial.

An online vape shop isn't just about selling products; it's about building a community of loyal customers. By providing valuable content and exceptional service, you can create a brand that vapers trust and turn your business into a go-to destination.

How much you can make: $60,000 — $300,000/month

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

How I Started A $60K/Month Online Business From Malaysia

Jeremy Ong built Vape Club from an MVP vape subscription box business to a top online retail store in Malaysia, earning a monthly revenue of USD 60,000 with only 2 team members, primarily through blogging, SEO and email marketing with a CLTV of $400.

Read by 37,560 founders

14. Start a hair product line

Starting a hair product line can be a fun and profitable way to build a new income stream. It's also fairly easy, as long as you plan it out (and maybe do a little bit of market research before creating your sales funnel). There's a reason we often talk about trends in hip-hop and pop culture when we talk about hairstyles — they often have a lot to do with advancements in the hair product industry. The industry is expected to grow to 102 billion dollars by 2024.

How much you can make: $550 — $2,000,000/month

How long does it take to build: 272 days (?)

How I Started A $650K/Month Hair Extensions And Products Business

Private Label Extensions is a hair distribution and technology company that builds hair brands from A to Z for entrepreneurs, achieving over $650,000 in monthly sales and ranked #278 of the fastest-growing companies by Inc Magazine for 2018.

Read by 37,839 founders

15. Become a chocolate maker

Rarely do you come across someone who does not love chocolate. That’s good reason to start a chocolate making business!

According to statistics, the global chocolate market size is expected to grow at a CAGR rate of 4.6%.

Starting a chocolate business can yield profits in any part of the world. However, to achieve the high profit margins, you ought to make chocolate with quality ingredients. Then, create a niche with a unique selling proposition.

How much you can make: $12,000/month

Selling Dog-Themed Chocolate and Donating All Profits to Animal Rescue

Rescue Chocolate is an NYC-based vegan, organic and fair-traded chocolate company that donates profits to animal rescue organizations and has partnered with hundreds of fundraising groups in 8 years.

Read by 7,286 founders

16. Start a cannabis business

Have you ever thought of starting your own cannabis business?

The cannabis industry has been continuously growing throughout the years. The legal marijuana sales are projected to reach $22 billion by 2022.

No matter your level of experience, the cannabis industry has a lot to offer. There are inspiring stories of entrepreneurs that made it big in this particular industry.

How much you can make: $2,500 — $3,100,000/month

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

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

17. Become a wedding planner

A wedding planner assists with designing, planning, and managing a wedding, so the bride and groom have the happiest day. Wedding planners enjoy a flexible working schedule and opportunities to travel locally and globally, and it’s a great career with numerous growth opportunities.

To start a wedding planning business, identify your target clientele and study their wedding cultures so you can offer the clients excellent service. Remember, excellent wedding planning is all about having the passion and knowing how to harness that passion for designing weddings that bring out the emotions of those in attendance.

How much you can make: $774 — $200,000/month

How much does it cost to start: $6,735 (?)

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

How Starting The New York Food Truck Association Resulted In A $200K/Month Business

How a former food truck owner founded the successful New York Food Truck Association which generated over $1M in its first year of business, providing local vendors with high-margin ancillary revenue streams, and saw consistent growth of 50% YoY.

Read by 8,622 founders

18. Start a junk removal business

Households and businesses need help hauling away broken furniture, clearing out trash, and even emptying properties during a foreclosure. Therefore, the demand for junk removal services is high. Starting a junk removal business can be profitable if you own a box truck and are looking for self-employment opportunities.

To begin, perform market research in your area, and apply for the necessary regulatory permits or licenses. Build a website and market your services.

How much you can make: $4,000 — $230,000/month

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

How I Started A $18K/Month Junk Removal Company Before Graduating From College

23-year-old Sam Evans founded You Call We Haul Junk Removal which brings in around $20,000 in revenue per month with a profit of 65% per job, servicing any individuals who have unneeded junk, and aims to franchise the business in the long-term.

Read by 50,743 founders

19. Start an appliance repair business

An appliance repair business helps clients install, repair, and maintain common household appliances like microwaves, dishwashers, refrigerators, cookers, etc. An appliance repair technician can specialize in certain lines of appliances or offer general services.

To become an appliance repair technician, apply for the prerequisite training course and focus on acquiring the necessary work experience. You may work under an appliance engineer and kickstart your business when you have relevant skills.

How much you can make: $4,000 — $100,000/month

Finding and Repairing Retro Radios Turned into a Successful Side Hustle

Retro Radio Farm founder, Allen Chiang, earns $50k per year as a side business restoring old radios and offering Bluetooth MP3 upgrades, with the business growing 20% every year.

Read by 8,502 founders

20. Start a cleaning service

A housecleaning side business is a beautiful idea for people with free time on weekends or even weekdays. The side hustle idea requires little capital to start. During the launch, you can choose to offer the service to your neighbors and scale as you gain experience. The average salary for a house cleaner is $17.32 per hour.

By starting a house cleaning business, you are tapping into an enormous market with plenty of clientele. There could always be demand for your cleaning service, which keeps you in business as you help homeowners keep their homes spotless.

How much you can make: $3,000 — $600,000/month

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

How long does it take to build: 70 days (?)

Time commitment per week: Min. 7 hours/week

How I Started A $100K+/Month Home Cleaning Service For Busy Individuals And Airbnb Hosts

MaidThis®, launched by Neel Parekh in Los Angeles with just one cleaner in 2013, has achieved over $10 million in total revenue by focusing on cleaning Airbnbs and vacation rentals, thanks to its successful remote business model and new-age marketing tactics, and has now launched MaidThis Franchise to expand the business further.

Read by 21,827 founders

21. Start a grocery store

A grocery store sells a wide variety of food products, fresh or packaged, and other household & personal care items. The grocery store industry is the largest retail channel that makes $682 billion in the United States.

To start a basic grocery store, you can expect to spend a minimum of $50,000. Ideally, the bigger expense would be the rent, equipment, labor cost, cash registers/POS systems, and software. Some of these are recurring monthly fees. However, the location, size of the store, competitors, and local customers will significantly impact the business. A new grocer should sell more items for a lower price to make a more significant profit.

A new grocer can also save costs by buying the items from local distributors. The distributor is the middleman between the manufacturer and the grocery store selling it. Once the store cost and location are decided, the next step is to obtain a seller license. In most states, a grocer's license is required to run a grocery store.

Thus an average grocery store has a profit margin of 3% to 5%. The profit rates depend on the store's location, size, and popularity. On average, a small to medium grocery store can make a profit of up to $300,000 annually if all the profit factors are considered.

Another way to make your business more profitable is to diversify your store and add amenities like a coffee shop or stocking up the front of the store with magazines, batteries, etc., as these items can cross a margin of up to 70%. As a rule of thumb, offering lower prices on higher purchases will ultimately win more customers and increase profitability.

22. Start a coffee cart

A coffee cart is a small outdoor structure that serves coffee and other beverages at retail prices. A coffee cart business is a low startup cost business.

All you need to set up a coffee cart business is a professional coffee machine and coffee cups.

To maximize your profits all year round, choose a strategic location and ensure you are readily available to serve your customers whenever they need coffee.

How much you can make: $15,000/month

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

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

We Built A Coffee Shop In A Van That Makes $180K/Year

This case study follows the co-founder of Camper Cafe, a mobile coffee van business which started as a hobby and now has 6 units that supply the UK's biggest sporting events, commercial and film shoots, generating around £150k from working only 70 days of the year.

Read by 6,747 founders

23. Start a home repair business

The home repair business idea involves providing services to fix various issues in people’s homes. The issues can include fixing plumbing problems, repairing electrical issues, painting, and general maintenance tasks.

To start this business, you will need a few things. First, you will need some knowledge and skills in home repair. You can obtain knowledge and skills through education, experience, or both. You will also need the necessary tools and equipment to complete the tasks you are offering. You will also need a reliable vehicle to travel to and from job sites.

To operate this business, you must market your services to potential customers. Marketing can be done through word of mouth, advertising in local publications, or creating a website. When you receive a service request, you will need to visit the customer’s home to assess the issue and provide an estimate for the repair. Once the repair is complete, you will need to collect payment from the customer. It is important to be timely, professional, and thorough in your work to ensure customer satisfaction and to build a positive reputation for your business.

Overall, the home repair business idea is a great way to utilize your skills and provide valuable services to your community. If you have a passion for fixing things and are willing to put in the time and effort, this could be a rewarding and profitable business.

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

24. Start a pizza delivery business

The global pizza market report will grow at a CAGR of 10.17% to reach over $233.26 billion in the next few years. Growing urban population, escalating disposable income, and increasing youth population are reasons for the rising number of pizza lovers.

Starting a pizza delivery business can be fun and rewarding if you enjoy unique creatives and love cooking. A pizza delivery business serves consumers at their homes, business or offices. To start, identify a niche, and develop a unique recipe that will suit the target market.

How much you can make: $385,000/month

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

How long does it take to build: 10 days (?)

How We Started A $385K/Month Order Fulfillment Service For Ecommerce Brands

Learn how Send Eats grew from packing dozens of orders per month to tens of thousands, with a monthly revenue of $385k, by providing lightning-fast order fulfillment for eCommerce brands primarily within Shopify, and how they utilized their personal network and went from shipping out of a bread factory to their own 30,000 sq ft warehouse.

Read by 6,579 founders

25. 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

26. Start a vegan vending machine

Veganism is the new food trend. It is the latest trend because a vegan diet is high in fiber and lower in cholesterol compared to omnivorous diets. In addition, research has shown that a vegan diet lowers the risk of heart disease and avoids premature death while helping manage type 2 diabetes.

As more people switch to a vegan lifestyle, starting a vegan vending business can be a great opportunity. You can

27. Start a fast food drive-thru

A fast-food drive-thru is a type of quick-service restaurant that allows customers to place and receive their food orders without leaving their vehicles.

The concept involves a dedicated lane for cars to drive up to a menu board, interact with an intercom system to place their orders, and then pick up their food at a window.

This business model has gained popularity because it caters to the fast-paced lifestyles of today, offering convenience and efficiency for customers on the go.

As a result, there is a high demand for the services provided by drive-thru restaurants, leading to repeat business and a lucrative industry.

28. Start a daycare

Daycares provide educational, medical, and social services for the children of working parents either during school hours or when the parents are out of the home for an extended period of time. This can be a lucrative enterprise if you start a daycare in an area where it is needed.

As the growth of families has become dependent on two incomes, the need for quality daycare has skyrocketed. Starting a daycare business is challenging but rewarding. You will face many challenges but can overcome them as long as you are ready to make the sacrifices required.

29. Become a property manager

A property manager is responsible for the day-to-day operations of a property. This can include tasks such as marketing and leasing units, collecting rent, and maintaining the property.

To succeed in this business, you’ll need to have strong people skills and be comfortable working with various clients. You’ll also need to be organized and detail-oriented. If you have these skills, starting your own property management business can be a great way to make money in the real estate industry.

The average property manager's salary in the United States is $54,183/year. The low-end range falls between 36k at 12% below to 79K+, which represents 24%.

With the recent craze of people wanting to invest in real estate, property management has never been more popular than now. Property managers often have the opportunity to work from home, making it an excellent option for those who want the flexibility of being their own boss.

The property management business is a great way to make money if you’re familiar with the real estate market and have strong people skills. You can make a lot of money by managing properties for investors.

How much you can make: $120,000 — $200,000/month

How much does it cost to start: $7,900 (?)

How long does it take to build: 225 days (?)

We Started A $2.4M/Year Coliving Business In Singapore

Casa Mia Coliving, a sustainable and modern co-living and property management company in Singapore offering affordable accommodation, has an annualized revenue of $2.5M with 150 bedrooms across popular neighborhoods, attracting young professionals and boasting a 10x LTV/CAC ratio, all while focusing on unit economics and profitable growth.

Read by 4,267 founders

30. Start a funeral service

For many, death is one of the most challenging life events. For that reason, starting a funeral business may sound awkward and unconventional. However, if you think about it, death is a “natural” and essential part of life. Therefore, starting a funeral business can be a profitable business idea. A funeral service provides the following services:

  • Burial services
  • Cremation services
  • Repatriation services
  • Memorial services
  • Pet cremation
  • Exhumation Services

If you are starting a funeral service, you may choose some or all of the above services.

31. Start a home improvement service kiosk business

Do you have a passion for home improvement? You can start a space improvement kiosk that sells various décor products for either office or residential spaces. Setting up a home improvement kiosk at the strip mall will allow you to speak with customers and show them samples of your products.

To start a home improvement kiosk, find an ideal location, probably within busy streets. Ensure unique space décor to attract many customers to your business.

32. Start an apartment rental business

An apartment is a private residence divided into several separate dwellings. If you are interested in starting an accommodation and housing-related business, apartment rental can be a good fit. Your target customers can be business executives, dignitaries, travelers, etc.

To start your business, look for a strategic location and build or buy a ready property. When purchasing an apartment, you may need to renovate the property to be suitable for rental.

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

33. Start a home healthcare service business

Today’s lifestyle patterns have introduced new diseases, and the demand for healthcare services is rising. As we age, we develop different health problems resulting in medical services. Thus, starting a health service business can be a lucrative opportunity with the rising demand for healthcare.

Niche markets within the healthcare industry include:

  • Ambulatory surgery centers
  • Medical labs
  • Kidney dialysis facilities
  • Outpatient clinics
  • Mental health facilities etc.

To start a health service business, research the market and acquire all necessary medical equipment. You can choose a franchise or partnership or start your own health center from scratch.

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

How long does it take to build: 135 days (?)

We Started A $3.6M/Year Medical Equipment Business [From India]

Healthsols Facilitators Pvt Ltd is a medical equipment and surgical items supplier to B2B entities such as hospitals and clinics that started around 6 months ago with an investment of INR 3000 and have now recruited 18 employees in 11 cities, while planning to establish their own manufacturing unit.

Read by 3,952 founders

34. Start a pharmaceutical manufacturing business

Pharmaceutical manufacturers research, develop and bring new medicines that will improve patients' health and quality of life across the globe. Although starting a medications manufacturing business requires huge capital, it can be a lucrative venture. Medication drugs are always in demand and, therefore, can be a profitable business.

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

How long does it take to build: 720 days (?)

Building A $6M/Year Supplement Manufacturing Business

Case study: EC Nutrition, a manufacturer of nutraceuticals, started with no buildings or equipment and now operates out of a 100,000-square-foot facility, experiencing 400% growth in revenue over the past six years and anticipating another 400% increase in the next five years by expanding into new markets and launching new products targeting brain health and sports nutrition.

Read by 2,415 founders

35. Start a property stagers business

Transform spaces into captivating homes with a property staging business. Property staging involves preparing properties for sale by enhancing their appeal through strategic furniture placement, decor, and repairs.

As a property stager, you will work with real estate agents and homeowners to make properties irresistible to potential buyers. Your roles include selecting stylish furnishings, optimizing room layouts, and making minor repairs or aesthetic updates to improve a home’s marketability.

Those interested in interior design, real estate, or home decor will find property staging a rewarding venture. While it does require an eye for detail, creativity, and some investment in staging materials, the return can be substantial. Buyers often pay more for a staged property, making your services valuable in a competitive housing market. If you're ready to turn spaces into inviting homes and add value to real estate, this could be your ideal business opportunity.

Time commitment per week: Min. 8 hours/week

36. Start a discount retailers business

Want to start a business with high consumer demand but low investment? Consider opening a discount retailer. Discount retailers offer brand-name products at reduced prices, which can attract a broad customer base seeking value.

In simple terms, this business involves selling overstocked or slightly damaged goods, end-of-season products, and other discounted items at prices below their original retail cost. Leveraging connections with suppliers and manufacturers to source these goods is key to maintaining a steady inventory.

Establishing a physical store or an online presence can help you reach a wider audience. With careful market research and strategic buying, you can maximize your profit margins.

Starting a discount retailer can be rewarding as it meets the growing demand for affordable shopping options. With dedication and a keen eye for deals, this business idea can generate consistent revenue and offer financial stability.

37. Start a transport and logistics business

A transport and logistics business moves goods and materials from one location to another. Depending on your client’s needs, you can use a truck, train, boat, or plane. To start this business, you will need a fleet of vehicles, a team of drivers, and a warehouse or storage facility. You will also need to obtain the licenses and permits to operate legally.

To operate this business, you must communicate with your clients to understand their shipping needs and negotiate prices. You will then need to plan routes and schedules for your drivers and ensure that all goods are transported safely and efficiently. You will also need to track shipments and update clients on the status of their deliveries.

In addition to transportation, you may also offer warehousing and storage services. This service would involve receiving and storing goods in your warehouse until they are ready to be shipped out. You may also provide value-added services such as packing and labeling to help your clients save time and effort.

Overall, running a transport and logistics business requires strong organizational skills, attention to detail, and excellent customer service. If you are up for the challenge, this can be a rewarding and lucrative business opportunity.

How much you can make: $5,000 — $415,000/month

How long does it take to build: 110 days (?)

How I Started A $20K/Month Auto Shipping Broker Business

Nationwide Auto Transportation ships approximately 4,000 vehicles per month and has served more than 50,000 customers, offering custom services such as help for clients who cannot find suitable carriers for their vehicle.

Read by 30,691 founders

38. Start an auto repair business

Many people just love to tinker with, fix and repair cars. This is an all-consuming hobby for some people. They like to take things apart and figure out how things work. The process of fixing and repairing cars is almost therapeutic for them.

An auto repair business is a rewarding way to make extra money or build an entire business.

You can do it in the comforts of your own home, working around your schedule and getting paid handsomely for it. The United States automotive service market is expected to reach $75B by 2026.

How much you can make: $415,000/month

How long does it take to build: 40 days (?)

I Quit My Full-Time Job & Launched A $5M/Year Towing & Auto Repair Business

Finish Line Towing & Auto Repair is Wisconsin's largest roadside assistance provider, bringing in $5 million in annual sales through its dedication to customer service, effective dispatching, and clean service, with a goal of expanding to other markets in Wisconsin and Illinois.

Read by 4,750 founders

39. Become a mental health counselor

A mental health counselor assesses and treats mental and emotional health disorders caused by relationship issues or life challenges.

According to World Health Organization, mental health conditions are increasing globally. Mental disorders involve a significant disturbance in thinking, emotional regulation, or behavior.

To become a mental health counselor, learn various psychotherapy skills so you can identify triggers and help patients to cope with negative emotions and reduce symptoms of mental disorder.

How much you can make: $1,100 — $1,000,000/month

How long does it take to build: 77 days (?)

How A Therapist Increased Her Income Creating Products

A licensed mental health counselor increased her income by creating Coping Skills for Kids, which now has a gross revenue of approximately $10,000 per month, from selling products such as the Coping Skills for Kids Workbook and the Coping Cue Cards that help children manage stress, anxiety, and anger.

Read by 14,650 founders

40. Start a nail salon

A nail salon is a specialty beauty salon that offers nail beautification solutions for men and women. The services available at nail salons include manicures, pedicures, and other nail enhancements. Nail technicians at the nail salon also check for signs of fungus or sores that need special treatment.

To start a nail salon business, find an ideal location and register a unique brand name. Apply for the business plan and ensure you have the permit to operate a nail salon in your city.

How much does it cost to start: $3,000 (?)

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

41. Start a laundromat

The first laundromat opened in the United States in 1887. It was invented by the entrepreneur Josephine Cochrane, who was frustrated with having to wash her family’s laundry by hand.

The laundromat is a self-service facility that provides washing and drying machines for personal use. There are many different types of machines available, including coin-operated ones and those that require a card. They also provide various types of detergents and fabric softeners for use with the machines.

A laundromat can make a lot of money if it is in the right location and has the right prices.

How much you can make: $9,300 — $100,000/month

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

How We Started A Laundry And Dry Cleaning Franchise Business In India

Pick My Laundry, India's on-demand laundry and dry-cleaning service provider has developed a mobile app and website serving almost 50,000 customers in its first year after signing up 100 third-party laundry services and franchising its model with over 50 franchises across more than 15 Indian cities.

Read by 8,021 founders

42. Start a pawn shop kiosk business

43. Start a cosmetic store

The cosmetic industry is growing rapidly. Starting a cosmetic shop can be highly profitable, but only if you stock trendy, skin-friendly products.

If you are passionate about the beauty industry, consider starting a cosmetics brick-and-mortar shop.

Cosmetic shops sell products ranging from anti-aging, aromatherapy, lotions, beauty spa, cosmetic store, and even make-up.

To start a cosmetic store, research the market and source products from well-known brands in the beauty industry.

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

How much does it cost to start: $800 (?)

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

How I Started A $8.5K/Month Cosmetics Brand

A former felon's passion for makeup and skincare led her to launch FBI Cosmetics, which has grossed over $62,000 in sales since July 2020, through social media marketing, brand partnerships, and online sales at Walmart.com.

Read by 8,716 founders

44. Start a liquor shop

45. Start a consignment sale business

Consignment sale businesses involve purchasing or accepting used or gently worn items from individuals, and then reselling them at a markup to other customers. This can include clothing, furniture, home decor, and other items.

To run a successful consignment sale business, a few key considerations must be kept in mind. Firstly, it’s essential to clearly understand your target market and the types of items most appealing to them. This could involve researching local trends and popular brands and reaching out to potential sellers to gauge what types of items they may be interested in consigning.

Another critical element of running a successful consignment sale business is effectively pricing and marketing the items you have for sale. This will involve keeping track of the original purchase price of the items and the current market value of similar items to determine a fair selling price. It’s also essential to have a strong online presence, whether through a website or social media, to help attract customers and showcase the items you have available.

Finally, it’s crucial to have a system in place for managing the consignment process, including tracking the items you have for sale, communicating with sellers, and handling any disputes that may arise. This could involve using software or a spreadsheet to keep track of everything and having clear policies and procedures in place for dealing with any issues that may come up.

Overall, running a consignment sale business can be a rewarding and profitable venture for entrepreneurs who are able to source and sell quality items to their target market effectively. With the right planning and attention to detail, this can be a successful and lucrative business opportunity.

46. Start a financial consulting business

Financial consulting is a business that helps individuals and businesses manage their financial affairs. Managing financial affairs include creating financial plans, analyzing financial data, and advising investment and financial decision-making.

To start a financial consulting business, you will need a strong understanding of financial principles and practices and excellent communication and problem-solving skills. You may also need to obtain necessary licenses or certifications, such as a Certified Financial Planner (CFP) designation.

To start the business, you must create a business plan, establish a business structure (such as a sole proprietorship or LLC), and identify your target market. You may also need to secure financing and create a marketing plan to attract clients. It is also important to network with other professionals in the financial industry and stay up-to-date on the latest trends and developments in the field.

How much you can make: $12,000 — $2,000,000/month

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

I Grew My Spreadsheet Templates Side Hustle Into A $240K/Year Business

ProjectionHub helps entrepreneurs create financial projections using a library of 50+ CPA-developed financial projection spreadsheet templates, generating over $20,000 per month in revenue without the need for software subscription models.

Read by 10,118 founders

47. Become a live streamer

Have a knack for engaging an audience? Consider starting as a live streamer.

Live streaming involves broadcasting yourself in real-time over the internet while engaging with a live audience. Whether you have a passion for gaming, cooking, crafting, or just chatting, this business allows you to turn your hobbies into income.

To get started, you’ll need a reliable internet connection, basic streaming equipment, and a platform like Twitch or YouTube. Content creation and audience interaction are your daily tasks—keeping your viewers entertained and growing your subscriber base.

Monetization comes through ads, sponsorships, and viewer donations, but success requires consistent streaming schedules and active engagement with your audience. If building a community and sharing your interests with the world sounds appealing, live streaming could be a rewarding venture for you.

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

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

How We Started A $150K/Month Platform Where Streamers Can Monetize Their Audience

Streamloots is a marketplace where viewers can buy real-time interactions with live streamers, allowing content creators to monetize their audiences and earning over $1M in just the last quarter with a community of more than 12K active streamers.

Read by 11,107 founders

48. Start a candy making business

You will need a few essential ingredients and equipment to start a candy-making business. These include sugar, corn syrup, food coloring, flavoring extracts, and tools like a candy thermometer and a silicone candy mold. You will also need a kitchen or workspace to prepare and store candy.

To operate your candy-making business, you must develop various tasty candy recipes. The candy may require trial and error, as well as research on popular flavors and techniques. Once you have a solid selection of recipes, you can start taking orders from customers and creating candy to their specifications.

To market your candy-making business, you can set up an online store or sell your products at local markets and events. You can also consider partnering with local companies, such as coffee shops or gift stores, to sell your candy on their premises.

Starting a candy-making business requires creativity, dedication, and attention to detail. With suitable recipes and marketing strategies, you can turn your love of candy into a successful and sweet business!

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

How long does it take to build: 450 days (?)

I Launched A Stress-Diffusing Mints Brand After Building A $10M CBD Business

Brandon Nolte, the co-founder of Stello, a stress diffusing mint company, shares his journey of launching a new company after +8 years and +$10 million in sales in the CBD space, including the challenges and opportunities of product development, branding, and marketing strategies in the CBD industry.

Read by 4,582 founders

49. Start a bookkeeping business

A bookkeeping business keeps track of monies coming into and out of business and maintains an accurate financial record, as per the International Association of Bookkeepers.

As a bookkeeping business, your role is to help small and medium-sized enterprises in the:

  • Preparing their year-end tax and VAT returns
  • Keeping on top of day-to-day cash flow
  • Running finances efficiently

To become a bookkeeper, you must be accurate in your work and understand financial topics well.

How much you can make: $25,000 — $100,000/month

How much does it cost to start: $2,750 (?)

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

Helping Youtubers & Online Content Creators With Their Accounting Turned Into A $300K/Year Business

A case study about FreeCashFlow.io, an accounting agency that specifically caters to the financial needs of Onlyfans models and entrepreneurs, helping them with bookkeeping, taxes, and financial management, all while overcoming the stigma associated with the industry.

Read by 6,779 founders

50. Start a pet food delivery business

A pet food delivery can be a very low-cost business to start. You do not need to worry about inventory as you can take orders, and the pet food shop near you will fulfill them. Therefore, you can operate a pet food business without much of your involvement.

To start a pet food delivery business, create a website and target pet owners. Then, partner with a reliable pet food manufacturer or distributor who can take your orders and do the deliveries. A pet food delivery business can be a great way to earn a passive income.

51. Start a collection agency

52. 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

53. Start a commercial loan brokerage business

54. Start a tax preparation business

Do you have experience in tax preparation? You can capitalize on your math abilities and attention to detail by starting a tax preparation business.

Basic tax types include:

  • Individual income taxes
  • Corporate income taxes
  • Sales taxes
  • Property taxes

To start a taxation business, you can use an in-home taxation preparation service or build taxation software. Taxation experts can specialize in certain taxation types or offer general tax consultations.

How much you can make: $8,000 — $25,000/month

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

How long does it take to build: 32 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

55. Start a conference organizing business

Imagine shaping the professional landscape by organizing impactful conferences. A conference organizing business involves planning, managing, and executing events where industry professionals gather to exchange knowledge and network.

You'll be responsible for everything from securing venues and coordinating speakers to handling logistics and marketing the event. This is a hands-on venture that requires excellent organizational skills and a keen eye for detail.

For those who thrive on meticulous planning and have a knack for problem-solving, this business presents a particularly rewarding challenge. It offers the chance to influence industries, foster professional connections, and create memorable experiences for attendees.

If you’re driven to bring people together and facilitate important dialogues, a career in conference organizing could be both fulfilling and lucrative. The real work includes managing budgets, negotiating contracts, and ensuring that every element—from catering to AV equipment—runs smoothly.

How much you can make: $83,333 — $162,620/month

How much does it cost to start: $5,432 (?)

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

How I Created An Annual Conference That Generates $1.6M/Year

Discover how Philip Taylor built FinCon from scratch to a 3,000 attendee annual conference and achieved $1.6M in revenue in less than 10 years, by allowing customers to help build the event, fostering a sense of community, expanding offerings, pricing strategically, and surrounding himself with talented people.

Read by 5,779 founders

56. Start an economists business

57. Start a telecommunications business

The telecommunication business involves the development, ownership, or operation of one or more telephone, telecommunications or information systems. Typically, telecom companies provide infrastructure to enable clients to transmit voice, video, and data.

To start a telecommunication business, you need telecommunication skills.

How much you can make: $150,000 — $840,000/month

How long does it take to build: 412 days (?)

How I Started A $840K/Month Virtual Phone Numbers Business

United World Telecoms' founder saw explosive growth potential in the international callback industry and has since created a virtual phone system, partnered with over 2000 businesses worldwide, and uses Google Ads, SEO, and email marketing to promote customer satisfaction.

Read by 10,919 founders

58. Start a pet medication business

The pet medication industry deals with the selling and distribution of pharmaceuticals and healthcare products that are specifically created for animals, to address various health concerns and enhance their overall well-being.

With the growing trend of considering pets as integral family members, the demand for veterinary medications has seen a significant rise.

The provision of essential medications and supplements for pets not only fulfills a growing market need but also contributes to the overall health and happiness of countless pets.

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

How My Love For Animals Led Me To Start A $200K/Month Veterinary Hospital

Discover how Dr. Ellie Scott grew Stringtown Animal Hospital from a staff of four to a team of 23, with five veterinarians, and now has $200K in monthly revenue, by focusing on individual pet risks and the needs of the pet family.

Read by 4,589 founders

59. Start an insurance information business

Navigating the complexities of insurance can be overwhelming, but that's where an insurance information business comes in. In simple terms, this enterprise involves offering clear, accurate, and timely information about various insurance products to help consumers make educated decisions.

Your business would curat detailed reviews, policy comparisons, and expert advice through a user-friendly platform. The real work involves in-depth research to ensure the content remains current, partnering with industry experts, and effectively marketing your services to build trust and credibility.

Imagine becoming the go-to source for individuals and businesses looking to demystify the often confusing world of insurance. This is a growing field that fulfills a critical need and offers plenty of opportunities for expansion and specialization. With the right approach, your insurance information business can become an indispensable resource for many seeking clarity in their insurance choices.

How much you can make: $13,000/month

How A Young Entrepreneur From Nigeria Started A Profitable Blog

This case study follows the journey of a young entrepreneur from Nigeria who started a profitable blog generating a monthly revenue of $1,500+ through sales of advertising space, sponsored posts, and information products, and shares his strategies for success including a Twitter growth challenge and guest post pitches.

Read by 12,317 founders

60. Start a mobile pet grooming

Do you love attending to pets? Starting a pet grooming business is a fun and profitable business idea.

Pet grooming service includes bathing, nail clipping, and brushing of pet animals. Grooming pets ensure they remain healthy and enjoy an improved physical appearance. To start a pet grooming business, create a business plan and portfolio.

Establish a business website and market your services to the target audience. Then, buy pet grooming tools and supplies and focus on offering your services to the target audience.

61. Start an IT support business

Do you enjoy fixing technology problems and believe that you can fix others? If your answer to this question is yes, you might be an ideal candidate for developing an IT support business.

An IT support business is the work that the computer specialists in an organization do to assist their customers and establishments. The IT support expert groups are responsible for setting up and maintaining some crucial information systems and networks.

Starting an IT support business can be challenging, but it can potentially pay off better than your 9 to 5 job. IT support business can be a lucrative way to make money, and the demand is increasing rapidly.

How much you can make: $200 — $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

62. Start a pet supplies business

Over 70% of U.S. households own a pet.

With pet ownership set to increase in the coming years, starting a pet store can be a great business opportunity.

A pet store can be profitable regardless of the economy’s performance. Typically, pet stores have shown revenue growth even during recessions.

To start a pet store, determine the business niche and find a good location.

How much you can make: $180,000/month

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

How I Bootstrapped A Healthy Dog Treat Business

Australian dog food brand Bell & Bone has doubled its revenue each year since the launch of its Dental Stick range, which has led to the expansion of its distribution network to over 450 pet specialty stores in Australia, New Zealand, South Korea, and Hong Kong, with plans to double its store count in the next financial year.

Read by 3,600 founders

63. Start a virtual tutoring business

Looking to leverage your expertise and help students around the world? Start a virtual tutoring business. A virtual tutoring business involves offering personalized educational support to students via online platforms. It's a flexible way to earn income, especially for those with specialized knowledge or teaching experience.

Setting up is straightforward: choose a subject area, create an engaging online presence, and use video conferencing tools to connect with students. The need for academic support never wanes, and the convenience of online learning makes this an appealing option for busy students and parents alike.

Building trust through strong testimonials and effective teaching strategies can set you apart from competitors. It's a rewarding opportunity to make a tangible impact in students' academic lives while maintaining the convenience of working from home. If you’re passionate about education and have the skills to convey complex concepts clearly, virtual tutoring might be the perfect business venture for you.

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

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

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

We Built A $1.2M/Year App For Tutors

TutorCruncher Co-founder Samuel Colvin details the success story of his tutor management software company, which has grown to become the leading software in the UK with over one million users worldwide and is set to expand its market through the launch of a new Tutor App.

Read by 9,077 founders

64. Start an online influencer business

An online influencer business is a company or service that gets products or services sold through popular online users. It can be a very lucrative form of marketing.

As technology has advanced, more and more influencer businesses are starting to rise. These are people or companies who become famous for being influential on various topics.

More and more companies are investing in online influencer marketing because this channel is successful for new product exposure or for sharing news about a brand through voice-overs on popular online videos. You can work with these online influencers in different ways including the use of affiliate marketing or product embeds with sponsorship.

How much you can make: $2,000 — $83,333/month

How long does it take to build: 145 days (?)

How I Created An Annual Conference That Generates $1.6M/Year

Discover how Philip Taylor built FinCon from scratch to a 3,000 attendee annual conference and achieved $1.6M in revenue in less than 10 years, by allowing customers to help build the event, fostering a sense of community, expanding offerings, pricing strategically, and surrounding himself with talented people.

Read by 5,779 founders

65. Start a bakery

Everyone loves baked goods, be it sweet items like cakes, muffins, and cookies or savory baked food like pizzas, buns, bread, and puff pastry. Baking takes a lot of effort and patience, which is why many people buy baked items from stores or restaurants instead of baking them at home.

Starting a bakery can be a rewarding business opportunity if you have a passion for baking. If you plan to start a bakery, consider that happy customers often become repeat customers. Therefore, always focus on quality and work on customer satisfaction.

To start a bakery , pick an ideal format. Some options include:

  • Counter-style bakery
  • A hybrid bakery with a cafe,
  • Food truck with a bakery
  • Home bakery.

Write a suitable business plan and choose the correct location.

How much you can make: $2,500 — $25,000/month

How much does it cost to start: $1,250 (?)

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

How This Couple Left France To Build Their "American Dream:" A Six-Figure Online French Bakery

French chef and founder of online bakery Pastreez, Anthony Rosemond, shares keys to success including validating ideas with the market, focusing on SEO and organic growth, building customer relationships through email and SMS, never offering discounts but offering freebies, and diversifying the business with new products and content on social media.

Read by 8,073 founders

66. Start a drive-through convenience store business

67. Start a baby products kiosk

Are you a stay-at-home mom or someone who loves babies and looking for a business idea? Baby products business can be fun and profitable business. To start, you would target the moms around you. You can buy baby products in bulk through Amazon or eBay and sell them at retail price for profit.

Different baby products you can sell include baby care products, baby food, and formula, baby furniture, clothing, and toys.

How much you can make: $9,000 — $500,000/month

How long does it take to build: 247 days (?)

How We Started A $325K/Month Practical Baby Products Brand

Husband and wife team from Colorado started Parker Baby Co. in 2015, specializing in practical baby products that experienced rapid sales growth of 300%, 87%, and 48% in 2017-2019 and is expecting more than 65% growth in 2020, with $325k monthly earnings.

Read by 12,359 founders

68. Start a restaurant

If you love cooking and are passionate about entrepreneurship, starting a restaurant can be a fun and lucrative business.

To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food and line cooks, waiters, and waitresses to serve the customers. No matter the restaurant type, you need great culinary and business skills to make your dream come true.

If you plan to open a restaurant , gain insight from consumer preferences and focus on serving modern consumers what they need.

How much you can make: $124,998 — $2,000,000/month

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

Starting A $1.5M Healthy Meals Delivery Business

One Life Meals is a Toronto-based healthy meal delivery service that made 14,500 meals per month and generated $130k in monthly sales in 2018 through their one-on-one consultation, lean protein and seasonal veggies-based meals, and their focus on the client experience.

Read by 22,343 founders

69. Start a credit and debt counseling business

Struggling with financial stress can be overwhelming, but a credit and debt counseling business can provide a lifeline for many.

This business involves offering expert advice to individuals and families on managing their finances, reducing debt, and improving credit scores. You'll work closely with clients to analyze their financial situations, develop personalized plans, and negotiate with creditors.

Starting a credit and debt counseling business means diving into a field with a meaningful impact. The need for financial literacy is growing, and your services can empower people to regain control of their lives.

If you’re passionate about finance and have the ability to guide people through tough times, this is a business idea with high demand and a rewarding sense of accomplishment. Plus, establishing trust and delivering tangible results can lead to a loyal client base and long-term growth.

How much you can make: $3,500 — $10,000/month

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

How long does it take to build: 5 days (?)

How I Started A 250K Monthly Pageviews Personal Finance Blog

Your Money Geek blog grew rapidly to over 250k monthly page views in nine months, leading to the creation of a white-glove, paid mastermind program to help site owners drive traffic and revenue for their own blogs.

Read by 19,331 founders

70. Become a mobile makeup artist

A makeup artist is a beautician who offers general makeup services, including facial aesthetics, thorough makeup, and creating custom looks for celebrities and even actors on movie sets.

You can serve clients from their homes or offices as a makeup artist. Therefore, makeup artists avoid paying rent or paying expensive licenses. Besides, makeup artists get to meet different famous people.

To stand out as a professional makeup artist , keep up with the developments in the cosmetology industry, and focus on providing personalized customer service.

meet the author
Pat Walls