Small Business Ideas

 63 Small Business Ideas to Start in 2024

Many people dream of starting a business. Running a business from home, garage or on the road means you can have more control over your professional goals, set more ambitious financial goals and achieve a more desirable work-life balance.

But what if you're ready to start a business but don't know what services to offer? If you need profitable business ideas, you've come to the right place. Below is a detailed summary of 63 small business ideas, from financial services to workers to creative contracts, to help you plan your path forward.

Some of these opportunities require more experience or qualifications than others. Some can start inexpensively from home, while others require dedicated office space and capital investment. It is important to consider several factors before pursuing a sole proprietorship in order to choose the right business for you.

How do you see the best idea for a small business?
Consider your current skills and qualifications. 

For example, if you already have a CPA license, moving into working as a freelance accountant (as described below) may be a natural option. If you have experience as a writer, you might consider an editing service, or if you have years of experience in the food and beverage industry, you might want to try out the restaurant industry or become a private chef.

As you explore your options, consider whether you will need to secure a specific license (e.g. hairdresser, electrician) or whether the job will require additional training and qualifications.

Define your small business goals.

For some people, starting a small business means quitting their full-time job and pursuing a new venture. For others, a part-time job represents a useful additional income and can be carried out alongside other jobs. Think about how much money you want to make from your business, how many customers you need to be profitable, and how many hours you need to work each week to achieve this.

Think about both the cost of capital and growth. Does starting a business require the purchase of equipment or other significant financial investments? Are you planning to hire employees? Are you planning to expand to multiple locations? It's a good idea to first create a formal business plan.

Research your location and identify what is most likely there.

Finding clients and customers is important for every small business. Therefore, do a market analysis before opening your business. For example, a ship cleaning business will be more successful if you live near the coast, and a side job as an interpreter will likely be more profitable if you live in a diverse community.

You should also find out which companies are already there. Is there a shortage of reliable landscapers in your market? Are there too many professional photographers in your city? Answering these questions will help you determine the viability of your idea.

Decide whether you want to run your business online or in person.

The digital age has opened many opportunities for entrepreneurs to run their businesses from laptops. This means the company can go wherever it wants. But it's not for everyone. If you want to run a brick-and-mortar business in the middle of your community or feel more comfortable interacting directly with customers, start a business that will help you achieve this goal.

Financial advice and business services

1. Accounting and Tax Services

May require experience, training or licensing.

At some point, most people seek the advice of a good accountant or accountant, whether to prepare for tax season, provide advice on starting a business, or simply plan for the future. If you are already an accountant, you can start your own business and make good money.

If you are not yet trained or licensed as an accountant in your state, we encourage you to review the recommended educational requirements and make a plan to obtain the appropriate certification. Most tax preparation franchises offer courses, seminars, and training to prepare you for a position with their company.

You should also think about the type of services you will offer.

Want to keep your small business books simple?

Or would you also like to create balance sheets, profit and loss statements and other financial statements?

Other specializations may include tax accounting, which represents a huge potential area of ​​work.

2. Business Consulting

There is an opportunity for expansion

A consulting firm allows you to work with a variety of companies on a variety of business topics. We can help your new business get off the ground successfully by creating a business plan, conducting market research, and organizing a management structure.

Depending on your level of experience, you may support large organizations through difficult transitions and restructuring periods or design successful exit strategies by providing executive-level advice and guidance on issues central to their business mission.

Time tracking is important for accurate billing, so a good calendar app can help.  

3. Financial Planning and Advising

Experience, training or license may be required.

Financial advisors help millions of Americans grow their wealth through a variety of investments while saving for retirement, college, and more. If your goal is to become a Certified Financial Planner (CFP), you will need to complete coursework and ultimately pass an exam. This gives potential clients a certificate that shows you are professional and trustworthy. If you obtain certification, you can earn a stable income as an independent financial advisor.

4. Buying a Franchise

Some business experience is required.

Purchasing a franchise offers many benefits. They have a proven business model, market research has already been done and the brand always supports franchisees as part of their purchases. Additionally, many franchises start for less than $10,000, including:

dream vacation

I am a cruise planner.

Jazzercise Co., Ltd.;

To learn more about purchasing and starting a franchise business, read Entrepreneur's Essentials for Buying a Franchise Business.

Related: Thinking About Franchising? Browse our personalized list of franchises to fit your lifestyle, interests, and budget today.

5. Notary Public Services

Experience, training, or licensing may be required.

In most states, a clerk is a state official authorized to attest by seal and signature and to certify documents as legal by seal and signature. Being a transcriber costs very little, although most states require you to pass an exam and pass a background check. You can earn substantial income through notary services, such as collecting fees for co-signing loans.

Manual Labor Business Ideas

6. General Construction

No experience, training, or licensing is required.

If you have experience in construction, you may be ready to start your own handyman business and take on your own projects. From building a fence to hanging drywall to repairing an addition, many people need professionals who can complete quality work in a timely manner.

If you have a network of reliable professionals, you may be able to subcontract some of the construction work and spend more time finding clients and growing your business. Check with your state to see what permits and licenses you need to get started.

7. Landscaping

Experience, training, or licensing may be required.

Thank you for reading. You want people to do landscaping in the spring, mow the lawn in the summer, and probably mow, trim shrubs, and maintain trees in the fall. The snow is covered with snowflakes, but it is not a snowflake. can also be provided.

It can be a business to hold separate competitions for gardens, such as planting late and annual plants and preparing a campsite. Snowmobile, snowmobile, snowmobile, snowmobile, snowflake.

Read: Starting a Lawn Care or Landscaping Business by Entrepreneur Media Staff and Cheryl Kimball | Amazon | eBooks.com | Barnes and Noble

8. House Painting

Experience, training, or licensing may be required.

No matter the season, you can make good money with an interior and exterior painting business. Before you begin providing services, we recommend that you work with a professional painter and learn the following:

Masks for home

When laying clothes

Choose paints and brushes that are suitable for different indoor and outdoor climates

You will also need to invest in some basic equipment such as ladders, brushes and trays. Once set up, you can start marketing your service to customers through various online platforms at a very low initial cost.

9. Carpentry

Experience, training, or licensing may be required.

Nowadays, the demand for woodworking is increasing rapidly and a skilled carpenter has many opportunities to make money. Home items such as cabinets, desks and shelves are often at the top of a homeowner's wish list and are expensive. You can also make good money with boutique projects like gallery frames, hand-carved sculptures, and more. In some cases, we work with a general contractor to build driveways and assist with larger construction projects.

10. Electrical Work

Experience, training, or licensing may be required.

Becoming an electrician is not easy. Before starting your own business, you must take courses, work as an apprentice, and pass a licensing exam. But there is no shortage of jobs for electricians. Professional electricians are always in demand for projects large and small, giving you the opportunity to hire apprentices, build your team and expand your business services.