Called the Lone Star State, Texas is where you can see real cowboys on their horses. Its capital city, Austin, is considered the live music capital of the world as it hosts thousands of concerts yearly and has more live music venues than anywhere else.
Besides music and cowboy-related activities, a lot of other businesses can also thrive in Texas. You can open a salon or go into retail. You can also do photography or make furniture. We’ve put together a list of business ideas in Texas to help you decide what’s best for you. Check it out!
As the US economy recovers from the pandemic, gyms and fitness centers are also expected to reopen and bounce back. The gym, health and fitness clubs industry is poised for a modest growth and expected to earn more than $36 billion in 2022. Starting your own gym business can be very profitable and rewarding, too.
Setting up a gym can be a breeze if you’re motivated and have a clear idea of what it will offer and what you want to achieve. You will need to invest in exercise equipment, choose a location that is accessible to potential customers, and secure the necessary permits and certifications. An option is to get a franchise or buy an existing fitness center. You will also need to identify a target market. There’s an increasing number of younger people who want to get fit and healthy, so you might want to direct your advertising and marketing efforts to this demographic. Don’t forget the older fitness buffs, though. Their number is also increasing.
2. Construction Company
If you’re looking for a venture that will make big profits and create jobs, then consider starting a construction business. The US construction industry was estimated to be worth $1.4 trillion and employed more than seven million people as of 2020. Although it suffered a slump in the last two years because of the pandemic, it is anticipated to rebound strongly as the government’s stimulus package is expected to boost infrastructure spending.
There are a few things you need to know first, like choosing a business structure. You’ll need to comply with legal, insurance, and other requirements to avoid legal issues later on. It’s also a good idea to prepare a business plan, which will include your financial and marketing plans, to give you a clearer picture of what your company needs and how it will operate. It would also be wise to contract the services of a lawyer to help with crafting contracts, agreements, and other legal documents before moving forward with any construction projects. Starting a construction business can be challenging but you can make it work if you plan carefully and invest time and money in it.
So you’ve decided to start a restaurant business. Congratulations! Opening a restaurant is no easy task, but it can be very lucrative. The food service industry in the US is expected to bounce back from pandemic slump due to pent-up demand and generate $900 billion in sales in 2022.
The pandemic, however, has reshaped the industry and many restaurant operators believe it would take a year or more before business conditions return to normal. But if you’re keeping track of the trends, you would establish a digital presence and work on offering delivery services before opening your doors.
There are many other things to consider. First, it’s important to decide what type of restaurant you want to open. Do you want to serve classic American fare, or specialize in a certain cuisine? Do you want to do casual or fine dining? What about a family-style restaurant? Next, it’s a good idea to research the competition in your area and come up with a plan to set yourself apart. Starting a restaurant can be tough, but if you’re prepared for the challenges ahead, it can be an incredibly rewarding experience.
4. Barber Shop
Are you looking for a profitable business? If so, then consider starting a barber shop. A barber earns at least $35,000 per year, according to the US Bureau of Labor Statistics. You’re not likely to run out of clients because millions of Americans regularly get a haircut. According to a study by Modern Salon Media, about half of American men are likely to get their hair cut every four weeks.
Before you get started, you’ll need to get a barber license to be able to cut hair for money. The rules vary from state to state, but generally, a barber must complete a barber program or undergo apprenticeship or both, pass the licensure examination, and be at least 16 years old. Most states also require candidates to either complete high school or pass the GED.
Once you hurdle these and other requirements, it’s a good idea to set up your shop in an area with high foot traffic. With careful planning and effective marketing, your business can be profitable.
If you’ve been thinking about starting your own brewery business, you’re in luck. The brewery industry in the US is anticipated to rebound from pandemic decline as consumer spending increases. The number of breweries in the US has been steadily increasing over the past decade. As of 2020, there were close to 10,000 breweries across the country, and many survived the pandemic by shifting to packaged and to-go sales.
It takes hard work and substantial investment to start a brewery. Breweries produce alcoholic beverages made from malted barley and hops, like beer, malt liquor, and non-alcoholic beer. To keep up with the latest consumer trends, you might want to focus on craft and regional beers as well as alternative alcoholic beverages such as ready-to-drink cocktails. You need to check federal and state laws relating to the industry first and comply with these. It’s to your advantage to carefully plan your business, from the licensing process to choosing the right brewing equipment. If you do this right, your brewery business has nowhere to go but up.
6. Pool Cleaning
Pool cleaning might not sound very glamorous, but it’s honest work that pays well. Best of all, as pools have become less expensive in recent years, they have also become more popular, which means demand for pool technicians is at an all-time high.
Of course, pool maintenance involves a lot more than cleaning. The trouble could be anything from a leaky skimmer or malfunctioning pump to an algae bloom or clogged pipes. There’s tons of pool-related servicing to be done. So you could start a pool cleaning business, ride the wave to serious success and soon you’ll be sitting by the pool yourself, enjoying all the profits.
It helps to live in an area with a lot of pools, and somewhere that’s warm year-round, like Florida or Arizona. You’ll need to get all the appropriate equipment, from filters to cleaning chemicals, brushes, hoses, buckets, nets and more. Finally, enroll yourself in a two-day course to be trained and certified as a pool cleaning technician. All this done, you can start offering your services online while you build your website and launch your new pool cleaning business.
7. Professional Organizing
All of us could use a bit of Marie Kondo now and then, which is why the US home organization market has doubled in the past 15 years to $12 billion and is still seeing steady growth. If you have a knack for organization, you should know that right now is an excellent time to start your own organizing business. You could work from home for a minimal investment and make good money while helping people go from chaos to calm.
Some professional organizers focus on closets, others on garages and storage spaces, while still others focus on at-home workspaces. Some organizers even go corporate and help businesses organize their desk set-up, filing systems and office supplies. It’s important to establish the services you’ll offer before you begin your marketing efforts. Once you know which type of organizing you’d like to do, you could start offering your services on a platform like Angie’s List and start helping people simplify their lives. Ahhh, I feel less stressed already.
8. Dry Cleaning Service
There are no hard and fast rules when it comes to dry cleaning your clothes. Some have their formal suits or gowns dry cleaned after the third wear while others do it after five or six wears. One thing is sure, though — as the economy improves and more social gatherings are held, the $8 billion dry cleaning industry is expected to bounce back from decline in the last two years. It would be wise to start your dry cleaning business now and position yourself for success.
Before you get started, it is important to identify your target market and decide what services you’re going to offer. Besides individual consumers and corporate clients, other potential customers include hotels, restaurants and hospitals. You could provide full-service laundering and dry cleaning services as well as special services for certain types of garments such as fur, leather and suede. Once you’ve complied with all legal and regulatory requirements, you should embark on a marketing campaign to promote your business.
9. Stationery Business
Is there anything more satisfying than a handwritten letter? It’s no surprise that in this virtual age of e-invites and Facebook events, the use of physical paper is in decline. Yet somehow, stationery is holding strong, still a $6 billion US industry that offers real opportunity for the savvy entrepreneur.
If you have a strong creative streak, you could lay out some designs and start your own stationery business. You could even work from home on your own time, set up an easy-to-use website and start making sales in no time. Of course, you’ll need the right equipment, such as design software, an affordable manufacturer to partner with and some quality marketing to attract clients. But beyond that, getting into stationery is almost as easy as writing a letter to a friend.
10. Real Estate
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.
11. Hardware Store
Hardware stores in the US were booming despite the shelter-in-place orders at the start of the pandemic as many people took the opportunity to undertake DIY home improvement projects. If you’re looking for a profitable venture, then consider starting a hardware store. Hardware stores in the US earned more than $60 billion in 2021. They’re expected to continue growing and generate sales of nearly $78 billion by 2025.
There are close to 15,000 hardware stores across the country, so it’s a good idea to research and determine how you can grab a share of the market. It’s also to your advantage to identify your target market and decide on your retail format while you’re working on your regulatory requirements. Selecting a location with high foot traffic is a wise choice. As you prepare to launch your business, it’s important to implement a creative marketing strategy. Starting a hardware store isn’t going to be easy, but you’ll be making big profits if you plan carefully.
12. Food Trailer
More than 35,000 food trucks are currently operating across the US, and the number is expected to rise as consumer spending increases. These food trucks prepare and serve food, ranging from hotdogs and tacos to ethnic menus and gourmet cuisine. They can be found on sidewalks and in parking lots and parks. If you’re an entrepreneur with a love of food, starting a food trailer business might be the perfect way to turn your passion into a career.
Before you open your food trailer, it’s important that you research the market and see what other food trucks are serving. It’s a good idea to decide what kind of food to offer and find your own niche market. It would be easy to market your business if you come up with a unique offering or a fresh take on food truck fare. You will also need to comply with your state’s permit and licensing requirements. When you’re ready, take your truck to the park and start cooking!
13. Coffee Cart
More than six in 10 Americans drink coffee everyday and the average coffee drinker consumes more than three cups a day. That’s why there were more than 37,000 coffee shops across the US and the entire coffee industry was valued at more than $80 billion just before the COVID-19 pandemic shuttered shops. The industry is expected to rebound as operators innovate and introduce drive-thru and delivery services.
If you’re looking to start a coffee cart business, it’s a good idea to research the market first and brace yourself for tough competition. It’s important to come up with a good business plan to have a clear idea of how you can compete with highly popular coffee shop brands like Starbucks. While complying with the legal requirements, you should invest in coffee making equipment and find reliable suppliers of coffee beans and other supplies. With creative marketing and a lot of hard work, you’ll be able to make big profits from your coffee cart business.
14. Beauty Supply
If you’re thinking about starting your own beauty supply business, you’re not alone. The US beauty industry has remained attractive even at the height of the Covid-19 pandemic, growing marginally after a drop in sales in 2020. The market is expected to increase to more than $19 billion in 2022 as consumer confidence improves and the economy continues to recover.
Starting a beauty supply business can be challenging since there are so many different types of beauty products in the market. To make your mark in this highly competitive industry, choose a niche and develop a strong brand identity. You should make sure your brand is unique and engaging enough for your customers to notice it when they go on social media or visit their website. It is important to understand your target audience so that you can develop marketing strategies to reach them. Finally, make sure your products are approved by the FDA and that your business complies with cosmetics laws and regulations.
15. Gutter Cleaning
Are you thinking about starting your own business? Consider a gutter cleaning business. Demand for gutter cleaning services increased as more people stayed home in the last two years. The US gutter services industry has grown steadily in the last five years and is expected to earn more than $700 million in 2022.
There are many ways to start a gutter cleaning business. You’ll need some money upfront for buying cleaning supplies and tools. Before you launch your business, though, research the market and see what other gutter cleaning services providers are offering and what their rates are. You can differentiate your business by offering services using environment-friendly cleaning products and automated solutions.
Once you’ve decided on your niche market, start selling your services on social media channels like Facebook and Instagram, or seek referrals. Offer discounts to attract clients and provide additional services like painting over graffiti, or snow shoveling in the winter. Starting your own business can be a daunting task. But with a bit of research and planning, it can be an incredibly rewarding experience.
16. Nail Salon
Do you have a knack for thinking up new designs for people’s nails? If so, you could turn your hobby into a business and help people feel better about their appearance while making a good living. You could either run a mobile salon and make house calls for busy professionals, or set up your own shop and pamper customers with manicures, pedicures, sculpted nails, and more.
You’ll need to be a hands-on person comfortable spending time with other people, because nail services can’t be provided remotely. It’s important to have a positive presence and some degree of creativity, if you want your nail designs and customer service to ensure customer loyalty and referrals. Your main target market will be women, and you could choose to go after younger women with bold, inventive designs or focus on older professional women with high-end pampering.
Whichever route you choose, if you really nail it you could be a major success, as the industry expects steady growth in the years ahead.
17. Daycare Center
Do you love spending time with young children? If so, a daycare business could be the perfect venture for you. Busy parents often need childcare services while at work, so you would be providing a crucial service while spending your day with toddlers.
You’ll need to acquire daycare certification, which usually entails a relevant or at least two years caring for children. You’ll also need to find a good-sized space, preferably in a residential area with minimal competition. And you should outfit it with lots of toys, drawing materials, high chairs, cribs, and more, and get yourself some good insurance, because little kids tend to find trouble.
Once all that’s done, you’ll just need an appealing website and a decent marketing campaign, and you’ll be off and running.
18. Pet Store
With people stuck at home during the pandemic, the number of pet owners skyrocketed. Over the past decade, Americans’ spending on pets has more than doubled to $110 billion, and pet stores, also growing quickly, represent about a fifth of that total. If you love animals, you could start a pet store, give lots of cuddly cuties new homes and help people better take care of their pets, all while making a good living.
Of course, you’ll need to decide which pets you’ll offer and how broad your variety of products will be, from food to toys and accessories. Another crucial step will be ensuring you meet all regulations and obtain all the required licenses and permits required for pet sales. Starting a pet store is not easy, but it’s far from impossible. With a bit of luck and determination, you can start your own and ride Americans’ love of animals to prosperity.