If you’re starting an LLC in Missouri, the business entity formation process is one of the first and most important hurdles. This step can beterri ...
18 Best Business Ideas in Missouri
Written by: Esther Strauss
Esther is a business strategist with over 20 years of experience as an entrepreneur, executive, educator, and management advisor.
Edited by: David Lepeska
David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.
Published on September 16, 2022
Updated on November 3, 2023
Situated in the Mississippi River Valley, Missouri has a strong agricultural sector with nearly 100,000 farms, mostly family-owned. Besides agriculture, the state’s top industries are manufacturing, aerospace and defense, food, and energy.
The Show-Me State has started to rebound from the pandemic, having recovered nearly all the jobs lost during the lockdowns. With brighter economic prospects, it’s a good time to launch your own business. Aside from setting up a farm, you can start a catering, vending machine, or retail business, to offer a few suggestions. Read on to learn about many more business ideas in Missouri.
1. Manufacturing
Missouri’s strategic location in the heart of America, with its access to the Mississippi River and a robust transportation network, makes it a prime spot for manufacturing. From automotive to aerospace components, the state’s skilled workforce and tax incentives create a favorable environment for starting a manufacturing business, catering to a diverse market and contributing significantly to the state’s exports.
2. Real Estate
With a growing population and a strong job market, especially in cities like Kansas City and St. Louis, Missouri’s real estate sector offers numerous opportunities. Whether focusing on residential or commercial properties, the real estate market here benefits from relatively low property costs and a steady demand, making it a fertile ground for real estate agencies and property management firms.
3. Health Care
Missouri’s health care industry is on the rise, driven by an aging population and a network of renowned hospitals and medical schools. Starting a business in home health services, telemedicine, or medical supplies could tap into the growing demand for health care services, especially in underserved rural areas.
4. Graphic Design
With a booming small business sector in Missouri, there’s a continuous need for graphic design services. Startups, as well as established businesses, are on the lookout for talented designers to help create their brand identities, marketing materials, and digital content, presenting a rich opportunity for creative entrepreneurs.
5. Insurance
The insurance sector in Missouri is ripe for innovation and growth, given the state’s exposure to natural disasters like tornadoes and floods. Starting an insurance agency that offers customized solutions can meet the needs of homeowners, farmers, and businesses looking to protect their assets.
6. Solar Business
Missouri’s commitment to renewable energy, combined with state and federal incentives, offers a bright opportunity for solar businesses. Installation, maintenance, and sales of solar panels have the potential to grow, especially as the state seeks to increase its renewable energy footprint.
7. Recycling Business
With an increasing focus on sustainability, a recycling business in Missouri could not only contribute to the environment but also tap into the available incentives for waste management and recycling companies. There’s a particular need for businesses that can process recyclables locally and reduce the state’s reliance on external processing facilities.
8. Tax Preparer
With a complex web of state and local taxes, Missouri’s residents and business owners often need help navigating their tax responsibilities. Starting a business as a tax preparer can capitalize on the demand for knowledgeable professionals who can offer tax planning, preparation, and filing services.
9. Freight Brokerage
Missouri’s central location and extensive transportation infrastructure make it an ideal hub for logistics and freight brokerage businesses. By connecting shippers with carriers, a freight brokerage can thrive by ensuring efficient movement of goods across the country.
10. Blog
Given Missouri’s rich cultural heritage, vibrant music scene, and diverse landscape, starting a niche blog could attract a wide audience. Bloggers can capitalize on topics like travel and tourism, local cuisine, or Missouri’s outdoor activities, monetizing their content through ads, sponsorships, and partnerships.
11. Candy Shop
With its nostalgic appeal and growing tourism, a candy shop in one of Missouri’s historic downtowns could become a destination in itself. There’s a sweet spot for businesses that offer unique, locally-made confections, tapping into both the tourist trade and local markets.
12. Catering
The state’s strong agricultural sector provides an abundance of fresh, local ingredients for catering businesses. Missouri’s love for barbecue and hearty cuisine, combined with a robust calendar of corporate and social events, offers a steady stream of opportunities for caterers.
13. Cake Making
Missouri’s community-oriented culture celebrates life’s milestones with enthusiasm, keeping cake makers in demand. Whether for weddings, birthdays, or other celebrations, a cake-making business with a reputation for delicious and beautifully designed cakes can become the go-to for these special occasions.
14. Retail Store
With a mix of urban and rural populations, a retail store in Missouri can cater to a diverse customer base. Whether specializing in local crafts, outdoor gear, or boutique clothing, retail entrepreneurs can benefit from the state’s supportive small business environment.
15. Vending Machine
The convenience of vending machines is always in style, and in Missouri’s numerous schools, office buildings, and public spaces, there’s a continuous need for quick snacks and drinks. This low-overhead business idea can yield steady profits with the right product mix and strategic placement.
16. Farm
Agriculture is a cornerstone of Missouri’s economy. Starting a farm can take advantage of the state’s fertile land and strong agricultural support system. Whether it’s traditional farming or more niche markets like organic produce or agritourism, there’s potential for growth and innovation.
17. Podcast
With a unique blend of urban and rural perspectives, a Missouri-based podcast could capture the essence of the Midwest. Topics could range from local politics and sports to agriculture and business, engaging a diverse audience and attracting sponsorship opportunities.
18. Wellness Center
As people become more health-conscious, a wellness center that combines fitness, nutrition, and holistic health can cater to Missourians looking to maintain a healthy lifestyle. With an emphasis on personalized care, such centers can become an integral part of the community’s wellbeing.
18 Best Business Ideas in Missouri
- Manufacturing
- Real Estate
- Health Care
- Graphic Design
- Insurance
- Solar Business
- Recycling Business
- Tax Preparer
- Freight Brokerage
- Blog
- Candy Shop
- Catering
- Cake Making
- Retail Store
- Vending Machine
- Farm
- Podcast
- Wellness Center
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