Back to Business Ideas Categories

13 Best Business Ideas In Arizona

Written by:

Edited by:

Reviewed by: Daniel Javor

Published on September 8, 2022

Updated on November 4, 2022

13 Best Business Ideas In Arizona

Disclaimer: Step by Step Business’ content is for informational and educational purposes only. It’s not intended to be a substitute for professional legal or tax advice. All of our articles are thoroughly reviewed and fact-checked by our editorial team. Read our editorial guidelines for more details.

Some of our articles include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

13 Best Business Ideas In Arizona

Arizona, one of the largest states, is known primarily for the Grand Canyon. But there’s more to Arizona than mountain ranges and canyons. It was among the states with the highest growth rates in the last quarter of 2021.

The retail industry is among its biggest sectors so you might consider starting a bookshop or a clothing business. Healthcare services are important, which is why a nurse staffing agency has great chances of success. We’ve come up with a list of business ideas in Arizona. Check it out and see if something will motivate you to start your own business.

1. HVAC Business

How to start an hvac business

There’s a very good reason the US heating, ventilation and cooling (HVAC) industry is worth more than $120 billion: because we all need to heat our homes, and many of us rely on air conditioning as well, and these massive, complex appliances often break down. It’s no surprise that heating and cooling businesses rank among the 20 most common small businesses in America. 

If you’re handy with tools, you could start your own HVAC business and help people live more relaxing domestic lives while also making a good living. Even if you’re not an HVAC technician, there are countless classes out there and you could get certified in a matter of weeks. 

But you should know that the industry is extremely competitive, which means drawing clients and building a reputation will take hard work and dedication. But with the right tools and resources, not to mention the relevant licenses and permits, you can make your dream of running a successful heating and cooling business a reality.

2. Commercial Cleaning

How to start a commercial cleaning business

Living and working in a clean environment is good for mental health, but many Americans are too busy to clean their homes and offices. That’s why starting a commercial cleaning business is an excellent choice. 

The cleaning services industry in the US is projected to grow 10% in annual earnings over the next five years. The industry currently employs nearly two million people. More jobs are expected to be created because of the increase in demand, particularly among the single-person households. 

When starting a commercial cleaning business, it is important to differentiate yourself from the competition. You can do this by offering eco-friendly services with the use of green cleaning products, tools, and techniques. Instead of chemicals, you can use baking soda, vinegar, lemons, and more. Green techniques include reusing old toothbrushes and plastic bottles, and upcycling magazines. You will also need to make sure your business is legally compliant before you can start accepting clients. If you plan carefully, your commercial cleaning business can provide you with a sustainable income.

3. Virtual Assistant Service

How to start a virtual assistant business

The job didn’t even exist 20 years ago, but now, thanks to new technologies and the sharp increase in remote work during the pandemic, the virtual assistant industry is booming. After years of strong growth, the market is expected to be worth more than $4 billion by 2025. That means now is a fantastic time to start your own virtual assistant business. 

To be clear, we’re talking about a human, not a digital or AI-powered, assistant, who provides administrative, technical, and creative services to clients remotely, via the internet. If you have a strong business skillset, you can get started with a minimal investment and run the company out of your own home while serving clients anywhere in the world. You could also add more skills over time, increasing your revenue streams and the rates you’re able to charge. 

With hard work and a bit of luck, you’ll soon be helping businesses run more smoothly and efficiently while making good money for yourself.

4. Bookstore

How to open a bookstore

Do you love reading? If so, opening your own bookshop could be a great way to encourage reading in your community while making a living doing what you love. Even in the age of Amazon and e-books, independent bookstores have been making a comeback, increasing by more than half in recent years, to 2,5000 in the US alone. People have begun to appreciate bookstores not only as a good place to buy a new book, but as a community gathering place and event space. 

You’ll need to find a great location, and build a sizable inventory of books, with your selections based on your personal tastes and preferences. You’ll also need to decide what other products you might offer — literary knickknacks, coffee and snacks, reading accessories? Beyond that, it’s relatively easy to get started. And if you do it right, the customers will surely come.

5. Car Rental

How to start a car rental business

As people book long-delayed holidays in the wake of the pandemic, the car rental industry is booming, with global revenues expected to double by 2027. With some hard work and determination, you could start your own car rental business and provide business and leisure travelers with the transport they need while grabbing your share of a growing $50 billion US market and making a good living.  

Keep in mind that this is a competitive market, which means you’ll need to find ways to stand out, such as with deep discounts or a unique selection of cars. Speaking of which, you’ll also need to lay out a sizable investment to get your initial fleet of four to five cars. Finally, it’s crucial that you meet all the licensing and insurance requirements or your business could face severe fines, or worse. But if you’re able to clear these hurdles, there’s a good chance your car rental business will soon be cruising down easy street.

6. Beverage Company

How to start a distillery

If you’re like most people, you probably enjoy a nice cold drink on a hot day. And what’s not to love about drinks? They can be refreshing, flavorful and satisfying. Plus, there are so many different kinds to choose from. If you’re interested in starting your own drink business, you’re in luck. The US beverage industry is valued at $146 billion and still growing. Globally, the industry is expected to post consistent growth of around 2% per year through 2026. 

There are many different ways to get started in the drink industry, so it’s important to do your research and figure out the niche market that’s the best fit for you. Will you be focusing on carbonated drinks, wine and spirits, coffee and tea, water, juice, beer, or energy drinks? Once you have that figured out, find reliable suppliers and work on your regulatory requirements to make sure your business is legally compliant. Having a website and social media accounts would promote your business and increase your chances of success.

7. Wash and Fold Service

How to start a laundry business

Are you looking to cash in on Americans’ increasingly busy lifestyles? One way to do this is to start a wash and fold business. The broader US laundry facilities industry is expected to grow further and reach a market value of more than $14 billion by 2028. 

To be viable, you will need to make a business plan, make sure you have a steady supply of electricity and water, and find reliable suppliers of detergent, fabric softener and other laundry supplies. You will need to study the competition and adopt the latest technology to be able to get a share of the market. Most laundry shops charge wash-dry-fold services per kilo. Some offer 24-hour drop-off and pick-up services through locker systems or automated kiosks. Others use smartphone applications. You can try to provide delivery and value-added services like button or zipper replacement to differentiate your business and gain more customers.

Keep in mind that your location is important. Demand is usually high in areas near universities, dormitories, apartments and offices.

8. Spa Center

How to start a spa business

For a lot of people, nothing is more relaxing than a day at the spa. That’s precisely why it’s a growing $17 billion industry in the US. If you’re a massage therapist or esthetician, you could open your own beauty salon and nail spa, luxury spa, massage studio, medical spa or even a mobile spa, and make people feel better while you make a good living.  

You will need to get licensed, which can take some doing, and you will need to deliver excellent services to compete in an increasingly competitive and saturated market. Another crucial aspect will be the location of your spa — preferably somewhere with steady traffic. Or you could go the mobile spa route and make house calls, bringing your massage and therapeutic services to your clients. This is more convenient for them, which means you can charge a higher rate, despite having lower overhead. There are many elements to consider for your spa business, but what is not in doubt are your chances of success if you’re determined and can deliver healing services.

9. Clothing Line

How to start a clothing line business

Are you a fashion designer with big ambitions? If so, now’s a great time to start your clothing line business. The global apparel industry has been growing steadily for years and is now worth more than $1.5 trillion. The market is always on the look-out for hot new styles and up-and-coming designers, so if you have the skill and talent the opportunity is serious. 

There will be some work involved. You’ll have to design an entire clothing line, not just one or two pieces. To start with, you might want to focus on a specific area of apparel, such as evening wear, jeans or lingerie. Once you’ve got your designs you’ll need to partner with a reliable, affordable manufacturer. Next is the crucial step of naming your company, and your initial collection, and building a brand. 

Don’t expect success to arrive overnight. Launching a fashion line is tough. Have you seen “The Devil Wears Prada”? The fashion industry is notoriously cutthroat, and it’s very difficult for new designers to get their clothing into stores and in front of customers. You might have to find other ways to get your designs out there, such as on Etsy or Amazon or your own website. Good luck!

10. Real Estate Investment

how to start a real estate business

While the pandemic destroyed many industries, it drove the real estate market into a record-setting boom, as millions of people sought to secure a safe long-term home or move out of crowded cities, creating a $500 billion industry. US real estate prices hit record highs in 2021 and the strong market has held steady in 2022, so now is a great time to get in on the boom, help people find the home of their dreams and make a good living at the same time.  

When it comes to making money, real estate ranks among the more sound investments because a piece of property is almost guaranteed to appreciate over time. If you’re looking to get into the real estate game, you should know that it’s probably not as hard as you think. If you’re looking to be an agent or broker, you’ll need to do some studying and get your real estate license. But if you’re more interested in investment and possibility property management, no training or certification is required. What is required is a significant amount of capital and a good eye for value. 

You could start by researching your local market. When you see a home or two offered at below-market rates, that may be opportunity calling your name. But be sure to do your due diligence before taking the plunge and starting a real estate investment business.

11. Bike Rental

How to start a bike rental business

As more workers return to commuting between their homes and offices, demand for bike rental for last mile connections will likely increase. If you’re thinking of starting your own business, a bike rental shop might be a great option. The US bike rental industry, which is valued at nearly $800 million, is projected to grow in the next five years amid a boom in the bike sharing sector. More commuters now prefer to ride bikes because these are good for the environment. Anxiety over catching the coronavirus in public transportation systems has also fueled demand for bikes. 

There are a few things you need to consider before starting a bike rental business. Is there a market for bike rental in your area? What kind of bikes should you offer? How many bikes should you have at any given time? You will find the answers to these questions as you research the market. It is also important to comply with all the legal and regulatory requirements and to come up with a good marketing plan. An option is to place bike docks near subway or bus stations.

12. Travel Agency

How to start a travel agency business

Do you love to travel? Are you always planning your next vacation? Why not start your own travel agency business? It’s a great way to share your love of travel with others, and it can be a very lucrative business. Travel agencies in the US are expected to rebound strongly from pandemic slump and see a 38% increase in revenue in 2022 due to pent-up demand. The market is predicted to grow steadily through 2026.  

If you have the resources, starting a travel agency business can be a breeze. But first, you need to identify your target market. Will you be focusing on domestic or international travel? A lot of Americans are going on overnight trips for vacations or business purposes, providing an opportunity for travel agencies to earn money. Arranging trips for international visitors is also possible now that the US has eased travel requirements. Once you find your niche and draw up a business plan, you should work on establishing your brand and promoting it to find clients.

13. Staffing Agency

How to start a staffing agency

It doesn’t take rocket science to start a staffing business. But it’s to your advantage to have an expansive network. If you have a lot of connections, you can set up your own staffing business and help companies find the right employees while raking in some profits. The US staffing market was estimated at a little more than $150 billion by the end of 2021. The market is expected to grow as job openings reach record highs in the US, following the so-called Great Resignation which saw millions of Americans quitting their jobs in November 2021.  

To get your new business off the ground and running successfully, you will need to define your business model. Will you provide a full-time staffing service, which means you will get a one-time commission for recruiting candidates for full-time positions? Or will you be providing temporary and contractual workers? Your commission will vary depending on the business model that you will adopt. Niche recruitment and having a big candidate base can spell the difference for your business.