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14 Best Business Ideas in North Carolina

Written by:

Edited by:

Reviewed by: Daniel Javor

Published on September 29, 2022

Updated on November 12, 2022

14 Best Business Ideas in North Carolina

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14 Best Business Ideas in North Carolina

Long known as a hub of US furniture production, North Carolina continues to host a robust furniture sector and the High Point Market every six months. The state has also developed other big industries like automotive and heavy machinery, IT, aerospace and defense, food processing, and pharmaceutical and biotechnology. 

If you’re looking to launch a business, consider starting an event planning, security, or hauling business to take advantage of the trade shows. A medical transportation business sounds good too. Check out our list of business ideas in North Carolina below.

1. Valet Trash

Valet Trash

It may not look like much, but there’s a lot of money to be made in the trash business. If you’re looking for a way to start your own business, valet trash may be just the thing for you. It’s a great way to make money while providing a valuable service to busy people who are too tired to take out their garbage. Close to 45 million Americans live in apartments across the US and most of them probably need valet trash services. 

Starting a valet trash business is not an easy task. You will need to provide your clients with trash containers, collect the trash according to an agreed schedule, and take it down to the dumpsters. You can get creative with your trash receptacles to build your brand. Besides complying with the regulatory requirements for businesses, you must also make sure not to violate fire safety regulations. Having extensive knowledge about recycling is also important for a more efficient waste management process.

2. 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.

3. Medical Transportation

How to Start a Medical Transportation Business

You probably don’t think about it much, but non-emergency medical transportation is a booming industry. After years of strong growth the US market is projected to be worth more than $25 billion in 2026. The sick, disabled and elderly have places to go, and often need help getting there. You could start your own medical transportation business, help people in need and ride the industry’s growth to serious success. 

Keep in mind, this is not the easiest market to break into. For one thing, you’ll need a reliable medical transport van outfitted with the requisite lift and safety features. You’ll need to acquire the relevant healthcare provider licenses and permits as well as insurance, and be certified by either Medicare or Medicaid. Finally, once that’s all done, you’ll just have to determine which services you’ll offer and start marketing your business online, at local hospitals and retirement communities. 

As long as your rates are fair and your services reliable, you’ll soon start getting regular clients.

4. Bar

How to Start a Bar

Are you looking to open your own bar? It can be a great way to make money. The bars and nightclubs industry in the US is slowly coming out of pandemic slump and the prospects are bright for a strong year ahead. There are more than 60,000 bars and nightclubs in the country, and there’s still room for more. Starting your own bar business now is the right thing to do.  

There are a few things you have to do before you launch your bar. Besides making sure that your business is legally compliant, it’s a good idea to be ready to adapt to the latest nightlife trends and shifting consumer tastes. A recent survey showed that more Americans would leave a bar if it gets too crowded or the music is too loud. More Americans are also choosing non-alcoholic drinks, low-alcohol cocktails, kombuchas, and other beverages with low to no-alcohol content. With careful planning and a great marketing strategy, you should be making big profits from your bar business soon.

5. Real Estate Agency

how to start a real estate business

The US real estate market has been booming in recent years, and is now worth nearly $400 billion and expected to see further growth in the years ahead. As an entrepreneur, you’re probably always on the look-out for new opportunities. Right now, with sales totals and home prices at record highs, real estate ranks among the largest and most promising markets. And best of all, you’ll be helping families settle down and build homes and communities. 

Of course, starting a real estate business isn’t as easy as getting out of bed. You’ll need to educate yourself about the market and obtain a real estate agent’s license. You’ll need to familiarize yourself with all of the relevant online tools and information to keep you updated on market trends, and find a local broker to partner with. Finally, you’ll need to set up a website and successfully market your home buying and selling abilities in order to stand out in a crowded marketplace. 

All that done, you’ll be ready to start building your real estate empire.

6. Handyman Business

How to start a handyman business

If you’re good with your hands and enjoy fixing things, starting a handyman business could be the perfect fit. For one thing, you’ll be doing what you love and taking care of people’s problems. For another, the US handyman industry has been growing steadily for years, and by 2026 the broader home services market is expected to double! So there’s clearly a real opportunity out there. 

A key first step will be determining which services you will offer. In addition to repairs, you could offer maintenance, painting, cleaning, drywall, carpentry, minor renovations and more. Next, buy all the necessary tools and start advertising your services on online platforms like Angie’s List. 

You could also reach out to landlords, developers and residential complexes offering to provide your services at a discount. Once you’ve delivered great work in your first few jobs, you can bump up your rates. With any luck, you’ll soon be kicking back in the office counting your cash while your employees do the heavy lifting.

7. Event Planning

How to start an event planning business

The biggest events — weddings, reunions, graduation parties — are often moments that people never forget. You can play a key role in making memories for countless people by starting your own event planning business. As the pandemic recedes, the industry has been growing fast and is now worth $3 billion in the US alone, so the opportunity is real. If you enjoy organizing and planning, this could be the perfect venture for you — and now’s a great time to do it. 

More and more people are looking to plan long-delayed major events, from weddings to reunions to memorials and more. You can grab a piece of this growing market with a bit of training, confidence and organizational skills. Starting an event planning business requires little investment, and event planners often make 15-20 percent of the total cost. So just imagine how good you’ll feel working from home while planning a $100,000 wedding reception!

8. Blog

Blog

In the podcast era, you might have thought that blogs had gone out of style. You would be wrong. The internet is home to more than 600 million blogs, more than 2 million blog posts go online every day, and after years of steady growth, the US is home to about 32 million blogs. Substack, the blog and newsletter platform, recently passed one million subscribers. As a result, there is real opportunity for a bold entrepreneur looking to start a blog business and get in this massive market. 

It requires minimal investment. All you really need is a reliable computer and decent wifi. The major hurdle is coming up with a concept, an objective or mission for your blog business. You might choose generating funds to feed hungry children or delivering crucial news to the people of your city or state. Once you’ve found your niche, you’ll need to reach out across your network, LinkedIn, Facebook, Instagram and beyond, looking for all those who write on related subjects and asking them to get on board. You could offer discounts, incentives, or rewards to sweeten the deal. 

Once a couple of accomplished bloggers sign on, the paid advertisements will start rolling in and you’ll be on the road to success in the blogging business.

9. Security Company

How to start a security guard business

Everybody wants to feel secure, which is why the US security industry is worth $46 billion after more than a decade of steady growth. The market expansion is expected to continue in the years ahead, especially with people spending more time at home these days. You could get in on the action by starting your own security business and make a good living while making others feel more at ease about their safety and their valuables. 

You’ll likely need a security license, for which you should apply to your state. You’ll also need to know how to install and operate security systems, so if you’re not experienced with that you could find some affordable online courses to get you up to speed. Once you’re confident in your skills, start advertising your services on platforms like Angie’s List and you might be able to bring in a few clients, if your prices are right. 

It’s probably wise to focus on home security systems when you’re starting out, and move on to bigger jobs as you gain experience. As long as you deliver quality service and reliable security, your business reputation should steadily improve.

10. Music Production

How to start a music production company

If you’re passionate about making music, why not consider starting your own music business? Music helped a lot of people shake off the blues and cope with the massive disruption caused by the Covid-19 pandemic. Listening to music helps improve the mood, promote relaxation, boost creativity, and more. As millions of people turned to music, the recorded music industry soared to new heights and broke sales records. In the US, the industry earned nearly $15 billion in 2021, its highest annual revenues in history.

Starting a music business can be a fun and rewarding experience, but it’s important to determine what kind of music you will focus on. Artists can make money by selling their music, using social media, or creating branded content for clients. But first, you will need to build up an audience. Be creative and think of ways to attract a large following in social media and get them to view your videos. You’ll be competing with BTS but with some patience and hard work, it can be done!

11. Bakery

How to start a bakery business

Who doesn’t love homemade baked goods, fresh out of the oven? If you often find yourself elbow-deep in flour, now’s a great time to take the next step and become an entrepreneur. Despite the anti-carbohydrates trend, the US baking industry has been growing for years and is now worth more than $12 billion. You could open your own bakery, or start a home-based baking business, and share your delicious culinary creations with the world while also making a good living. 

But starting a baking business can be tricky, and there are several hurdles before you can start. You’ll need to nail down a handful of absolutely fantastic baked goods that will keep people coming back. You’ll need to outfit your kitchen, or your new bakery, with all the right equipment and ingredients. And of course you’ll also need to pass health checks and government licensing required for food businesses. 

After that, you’ll just need to start marketing your tasty treats and, with a bit of luck, you’ll soon have too many orders to fill!

12. Hauling Business

How to start a car hauling business

The US government recently passed a trillion-dollar infrastructure bill, which means countless major construction projects will soon be coming to work sites near you. As a result, many tons of materials and waste will need to be moved from one place to another. The US waste removal industry is already worth $60 billion and seeing steady growth. So if you’re willing to do some heavy lifting, you could start your own hauling business and help clear the way for new construction while grabbing a share of this growing market. 

The first step is getting a reliable truck. You probably want a good-sized pick-up or even a box truck, as the bigger the hauling capacity the more you’ll make with each load. You’ll also need good hauling equipment and most likely, a commercial driver’s license, to take on the big jobs. Beyond that, attracting clients will be mainly about advertising your services on the right platforms and effectively marketing your business. 

Once you get those first few customers in the door, as long as you deliver excellent and professional service, you’re likely to get referrals and steadily build a reputation for reliability.

13. Summer Camp

How to start a campground

Setting up a summer camp is a lot of fun, and it’s also a great way to make money. If you’re looking to start a summer camp business, you’re right on time. The industry, valued at around $3 billion in the US, is expected to return to growth as the economy recovers from the pandemic and thousands of summer camps across the country reopen. 

To get started, you’ll have to choose a niche and decide whether to set up a vacation camp, sports camp, or outdoor adventure camp. Most camps still cater to children, but some have programs for adults as well. Your choice will determine the kind of facilities that you will build. Camps generally provide cabins, campsites, and recreation facilities and equipment. They also provide meals, snacks, and non-alcoholic beverages. You will need to make an upfront investment. Unless you already have an existing property that’s ideal for a summer camp, you will have to choose your location well to be able to attract customers.

14. DJ Business

How to start a mobile dj business

What’s a huge event without a DJ providing some music to set the mood? As the events industry bounces back from the coronavirus pandemic, so does the DJ market. Global sales of DJ equipment are expected to grow and reach $732 million by 2026. If you love creating mixes, remixes and tracks, setting up a DJ business now would be a fun way to earn some cash. 

But a DJ business is not just about having the best beats and mixes. There’s a lot of work that goes into setting up your business properly. Having easy access to digital platforms and streaming services will likely lessen the burden. What’s important is that you have the necessary skills and equipment. You also need to establish your brand, promote your services and grow your social media following to get your business up and running. With excellent service, you can easily gain loyal customers and sustain your business.