The services sector is undoubtedly the biggest economic sector in the US as it accounts for nearly 70% of the country’s gross domestic product. It is composed of a broad range of businesses from janitorial to transportation and financial services, presenting vast opportunities for entrepreneurs like you.
Not sure yet about what kind of business you’ll set up? We’ve prepared some service business ideas for you to consider like coaching, nursing, physical therapy, internet services and even matchmaking. Take a look!
1. Project Management Company
Demand for project management skills is growing across several industries such as IT, manufacturing, construction, defense, publishing, and even healthcare. Online recruitment platform Zippia says nearly 47,000 job openings for project management professionals are expected to be created through 2028. If you’re thinking about starting a project management business, you’re on the right track. It’s a great way to start your entrepreneurial journey and make big profits.
Generally, a project management business oversees the implementation of a project and makes sure the goals are achieved within a certain time frame and based on the allotted budget. Your business will be in charge of complying with the regulatory requirements such as the conduct of an environmental impact study and detailed engineering design study as well as the filing of applications for permits and licenses. As project manager, you’ll need strong organizational, business, analytical, communication, and problem-solving skills. It’s to your advantage to obtain certifications to prove you underwent training and learned these vital skills will add value to your project management business.
2. Law Firm
If you’re a lawyer, starting your own law firm will provide you with flexibility you can’t enjoy if you’re just working for another company. With your own law practice, you can decide on the extent of your services, focus on a niche market, and be your own boss.
Demand for legal services from businesses has remained strong from the start of the pandemic. It’s predicted to rise further as many businesses affected by the pandemic are expected to seek legal advice. Competition is going to be tough, though, as there are nearly 440,000 law firms in the US, according to market analyst IBISWorld.
You’ll need a significant amount to set up an office, hire some staff, purchase office supplies, and promote your services. An option is to start with a virtual office and save on overhead and operating costs. A virtual office can provide you with a business address and administrative services. If you stick to a solid business plan, your law firm should be able to get off the ground in no time.
Do you love the nightlife? If so, starting a club might be right up your alley. Clubs form part of the US bars and nightclubs industry, which suffered a sharp decline in revenue in 2020 due to pandemic-related social distancing regulations. The market is poised to rebound strongly and grow 14% to exceed $28 billion in revenue in 2022 due to pent-up demand, according to market analyst IBISWorld.
Before you open your club, it’s important to know that the industry is heavily regulated, especially when it comes to alcohol consumption. You’ll need to meet both state and local regulations and licensing requirements so it’s best to inquire about the details from your local authorities first. Next, it’s a good idea to research the market and find out what other clubs in your area are offering. You’ll have to innovate and come up with a unique selling proposition and a creative marketing plan for your club to attract customers. With these in place, your club can be very profitable.
4. Skating Rink
Are you thinking about opening a skating rink? It’s a fun way to start a business and it can be profitable too. Skating rinks offer ice and roller skating activities. Ice rinks alone are a $500 million industry. The market is expected to post steady growth as Americans are able to spend more on discretionary products and services.
To get started, you’ll need to acquire or rent a space where you can build your skating rink. You can put ice and use it as an ice skating rink during winter, then convert it into a roller skating rink for the rest of the year. It’s important to adhere to government standards and install safety features to minimize the risk of accidents. It’s a good idea to provide protective gear like helmets and knee pads. You can also rent out equipment and lockers, and sell food and beverages. With careful planning and a strong marketing campaign, your skating rink can provide a steady source of income. As soon as you’re ready, strap your skates up and earn some cash.
5. Delivery Service
The couriers and local delivery services industry in the US was unsurprisingly among the economic sectors that continued to perform strongly during the pandemic lockdowns. Demand for courier services and restaurant and grocery delivery surged because of the closure of non-essential businesses, stay-at-home orders, social distancing and isolation policies, and work-from-home arrangements, says market analyst IBISWorld. The industry has grown more than 5% yearly since 2017 and is predicted to expand further to nearly $135 billion in 2022. If you’re looking for business opportunities, look no further than the delivery service industry.
A delivery service can be run from your home, but you’ll need to invest in a van if you don’t have one yet. Keep in mind that you’ll be competing with Instacart, Amazon, Walmart, and other big companies so it’s a good idea to come up with a business plan first. Your plan should include a creative and aggressive marketing strategy. Once you’ve established your brand of service, your delivery business can be highly profitable.
6. Dating Service
Do you ever feel like playing Cupid? Starting a dating service might be right up your alley. It’s a fun way to earn some money and help strangers find their match. Three in 10 Americans say they have used a dating website or app. Online dating surged in popularity during the pandemic lockdowns, when many people were forced to stay home. It is expected to continue expanding. The US dating services industry is expected to reach $6 billion in 2022.
A dating service business facilitates romantic dates via phone, internet, or in-person. No federal regulations are in place apart from the usual legal requirements for new businesses. Some states, however, regulate dating services to protect consumers and stop people from misrepresenting themselves. It’s a good idea to provide your clients some safety tips before they sign up with you so they’ll know what to look out for. With the use of advanced technology, you can run your business from home and save on overhead costs. Good luck!
7. Tanning Salon
Indoor tanning might seem frivolous, but nearly 10 million Americans visit tanning salons each year to achieve a sun-kissed look and boost their confidence, according to the American Academy of Dermatology. As consumer spending increases, tanning salons are also expected to enjoy bigger earnings. Total revenue from the US tanning salon industry is predicted to grow 5% to almost $4 billion in 2022. Starting a tanning salon might be the perfect career choice for you.
Tanning salons provide services using tanning beds and spray tanning equipment. The industry is highly regulated because of the harmful effects of UV radiation so you’ll need to comply with the applicable state and federal laws. It’s a good idea to check the specific regulations in your state. In addition, you have to make sure the sunlamps and tanning devices you use meet safety standards. Finally, it’s to your advantage to come up with an innovative marketing plan to promote your business. Once everything is in place, you’ll be making money in no time.
8. Computer Repair Service
Businesses stand to lose customers and important data whenever their computer systems are down. Properly maintaining computers through regular cleaning, hard drive updates, and virus prevention can prevent breakdowns and extend a computer’s shelf life to up to eight years, computer security firm Norton says.
That’s why demand is high for computer maintenance and repair services. The US computer and electronics repair industry is valued at $19 billion. If you’re knowledgeable about computers and have troubleshooting skills, consider starting a computer repair business.
This type of business can be run from home, with minimal startup and overhead costs. But you’ll still need to register your business and comply with applicable regulations. Obtaining certifications on top of a bachelor or associate degree will increase your value and attract more clients so it’s wise to apply for these. Computer repair technicians mostly study computer science, IT, or computer information systems. It’s also important to be abreast of the latest trends. With your impressive skills, you’ll be making big profits in no time.
The COVID-19 pandemic has strained healthcare systems in the US. But while hospitals were often full, industry revenue declined because many patients canceled elective and non-emergency procedures. As the pandemic eases, the US hospital industry is also expected to recover and gradually return to growth over the next four years to 2026. If you’ve been thinking about starting your own hospital, now is the time to do it.
It’s not as simple as building the facility though. You’ll need to hire enough doctors, nurses, nursing aides, and other staff to ensure smooth operations. Only California has set a nurse-to-patient ratio while several others have enacted staffing regulations. It’s best to check your local authorities for the details.
You’ll also need to comply with state and federal laws such as the Emergency Medical Treatment and Labor Act, which requires hospitals to stabilize and treat patients brought to the emergency room, regardless of their insurance status or ability to pay. Once your hospital is legally compliant, you can start accepting patients.
10. Hair Salon
If you’re meticulous about grooming, starting a hair salon might be the perfect career choice for you. It’s a sure-fire way of earning a steady income once you figure out how to stay ahead of the competition. There are close to a million hair salons in the US. As the economy improves and consumer spending increases, they’re anticipated to rebound strongly from the pandemic slump and earn $46 billion in 2022.
In order to capture a share of this highly competitive market, you’ll need to invest a significant amount in the latest tools and equipment, find a good location, and research what other hair salons are offering. It’s important to be innovative and creative in marketing your products and services. It’s also a good idea to keep track of the latest trends, such as the use of augmented reality that lets customers see how they’d look with certain colors and styles. With careful planning and creative marketing, your hair salon business can provide you with a steady source of income.
11. Car Repair Shop
At least 70 million vehicles in the US are more than 15 years old and potentially need to undergo repairs in the coming years. This means growth opportunities for car repair shops across the country. If you’re looking to start a car repair shop, now is the time to do it. The US automotive repair industry has seen steady growth and is predicted to earn nearly $60 billion by 2024.
One of the challenges to starting a car repair shop is the high startup cost. You’ll need to invest in some tools and equipment like hydraulic lift, diagnostic machine, air compressor, jack and jack stands, and more. You’ll also need to undergo training in auto service and repair, which is a prerequisite for a National Institute for Automotive Service Excellence (ASE) certification. This certification will give you an advantage and show potential customers that you have the skills to repair their vehicles. It will also make it easier for you to obtain liability insurance and find financing. With proper training and a lot of hard work, you should be able to get your business up and running.
12. Self Defense Training
If karate is used to defend honor, defend life, then karate means something. So goes one of the teachings of fictional karate master Mr. Miyagi of the Karate Kid films. Karate is among the martial arts used for self defense, along with krav maga, taekwondo, aikido, muay thai, judo, and more.
If you’ve been trained in any of these combat systems, you can use your skills to start a self defense training business. Self defense training will not only protect your students from their attackers and possibly save their lives, but will also boost their self confidence.
Self defense is taught mostly in martial arts studios. There are more than 45,000 martial arts studios across the US, earning a total revenue of $9 billion in 2020. Before you open your own studio, it’s a good idea to scope out the market so you can devise ways to differentiate your business from existing competitors. With careful planning, your self defense training business can be very rewarding.
13. Dog Grooming
Most dog lovers call themselves fur parents and regard their pet dogs as their children. This pet humanization trend is driving rapid growth in the pet care industry. If you love dogs and are looking to tap into this lucrative market, then consider starting a dog grooming business.
Dog grooming is part of the pet grooming and boarding industry, which is valued at almost $9 billion in the US in 2022. The market grew steadily, although marginally, in the pre-pandemic years and surged when more people adopted pets to cope with the pandemic lockdowns.
Before you launch your business, it’s important to learn dog grooming skills, such as cleaning, styling, and identifying any potential health issues. You can take a dog grooming course, which often comes with an apprenticeship program. When you’re ready, you can start running your business from home to keep your startup costs to a minimum. But it’s to your advantage to come up with a creative marketing strategy and set aside funds to implement this in order to find clients. Good luck!
14. Car Detailing
Are you obsessed with keeping your car clean and making it look shiny and new? If so, a car detailing business might be the perfect career choice for you. Unlike a car wash which is often automated, car detailing is always done by hand and both the car’s exterior and interior are thoroughly cleaned. It’s more meticulous and labor-intensive.
Car detailing is a lucrative business as well. The US car wash and detailing industry is valued at $13 billion, according to market analyst Statista. The market bounced back from the pandemic slump and grew nearly 10% in 2021. Demand for car detailing services is expected to rise as car prices continue to increase, prompting owners to take better care of their vehicles.
Before you launch your car detailing business, it’s important to find a strategic location for your shop, secure substantial funding, and find ways to differentiate your business from the competition. It’s also wise to wage an aggressive marketing campaign to promote your business. Once your business is up and running, you’ll be making big profits in no time.
15. Bed and Breakfast
Many Americans still choose to stay in a bed and breakfast for the unique hospitality, homey experience, freshly cooked food, and fascinating stories that it offers. The US bed and breakfast market was estimated to be worth $1.7 billion in 2021, German research firm Statista says. The market is expected to rebound from the pandemic slump with the lifting of travel restrictions. If you’ve been thinking about opening your own bed and breakfast, now is the time to do it.
When starting a B & B business, it’s important to be updated on the latest trends in the industry. For example, many guests prefer a facility that offers live entertainment or is located close to tourist attractions. It’s also to your advantage to research the market and see what features and services are being offered by the competition. Be innovative in coming up with ways to differentiate your business. Running a bed and breakfast is not easy, but it can be very rewarding if you play your cards right.
16. Home Health Agency
If you’re a licensed physician or a registered nurse, you can start a home health agency to provide supportive care to elderly patients in their homes while generating a steady income. The market is huge as there are more than 50 million adults 65 years and older in the US. Nearly eight in 10 have two or more chronic medical conditions and may need home care, which includes not only medical care but also assistance in carrying out daily tasks such as bathing and eating.
The licensing requirements for a home health agency varies from state to state so it’s important to check your state and city’s regulations before you launch your business. It’s also important to define your services from the start, whether you’re providing medical care, non-medical care, or both. This type of business may be run from your home, but you might have to set up an office and hire more nurses and caregivers once you get more clients. With a strong marketing plan, your business will surely thrive.
17. Publishing Company
Books give you knowledge and life lessons, provide entertainment, enhance your imagination, and record important memories of society. Some books are better than others, though. If you love books and you want to have control over the type of books that see print, why don’t you start a publishing company?
The US publishing industry has yet to recover from the pandemic slump, but it remains a huge market with revenue exceeding $30 billion, according to market analyst IBISWorld. Besides publishing, publishers also take care of book editing, design, illustration, and distribution.
There are segments that are still performing well such as educational books, scholarly publications, and ebooks. German data firm Statista predicts the ebook market to grow 17% per year and approach $7 billion by 2025. It’s a wise choice to stick to these segments and start publishing ebooks first. You can do so on self-publishing platforms such as Amazon’s KDP, which claims to sell more than eight in 10 ebooks sold worldwide. Good luck!
18. 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.
19. Foreclosure Cleanout Service
A foreclosure cleanout business involves the removal of all furniture, appliances and junk when a property has foreclosed. It can also cater to properties that have been abandoned. If you’re looking for a new opportunity, then consider starting a foreclosure cleanout business. Foreclosure filings across the US declined at the start of the pandemic, but picked up in late 2021, with ATTOM reporting a 70% year-on-year increase in the third quarter. These are expected to rise further as hundreds of thousands of Americans are set to exit the foreclosure moratorium and mortgage forbearance program.
To start a foreclosure cleanout business, it’s important to connect with prospective clients. You can do this by developing a website and establishing social media accounts to promote your services. You don’t have to limit your target market. Your business can cater to single-family homes, apartments, and commercial properties. To keep up with the competition, you might want to offer cleaning and repair services after removing the junk. It would take a lot of hard work, but you could make a living off a foreclosure cleanout business.
20. Mobile Oil Change
One of the best ways to retain a client is to show up where they are instead of making them come to you. This is why starting a mobile oil change business makes perfect sense if you’re looking for a new venture. The oil change services industry in the US has been growing steadily, with total revenue estimated at $7 billion in 2022, and the latest trend is to take services directly to the customers.
A mobile oil change business is relatively easy to start. It’s usually a lower-cost option than starting a traditional repair shop, and there’s a lot of potential for growth in this market. In order to be successful, you’ll need to invest in some equipment and learn the best practices for changing oil. Keep in mind that delaying an oil change would turn motor oil into sludge, which could lead to a complete engine failure. To promote your business, you can distribute flyers and post on your social media account. Just make sure you are available when a customer gets in touch with you.
21. Email Marketing Service
In this digital age, one of the most important tools for business is email marketing. It’s a form of marketing wherein you inform your existing and potential customers about your products, services and promotions through email. If you’re looking to start your own email marketing business, you’re on the right track. The email marketing industry in the US is estimated to be worth $2 billion and growing. Globally, total revenue is expected to cross $10 billion by 2023.
An essential feature of an email marketing business is the mailing list. To ensure the success of your business, your list should include people who are interested in or have purchased products or services that are similar to what you’re offering. You might be able to get customers for free if you use certain tools that let people sign up for your list without giving out their email address. Using the right software is also important so you can maximize the effectiveness of your email marketing campaign.
22. CPR Business
If you have a passion for helping people during emergencies, you might want to consider starting a CPR business. CPR, or cardiopulmonary resuscitation, is performed when the heart stops beating during a cardiac emergency or in cases of drowning. If given properly and immediately, it can save lives. Roughly seven out of 10 Americans, however, don’t know how to perform this life-saving procedure. This is where a CPR business comes in.
Anyone can learn CPR, so your CPR business has a huge potential customer base. But you still need to differentiate your business from the competition in order to attract clients and grow your business. You can do this by finding out first what other CPR centers in your area are offering and coming up with innovative training programs. You also need to invest in mannequins and other supplies. Once you have finalized your training program, start advertising your services! Place flyers in local businesses or post about your services on social media.
23. Pet Transport
Are you an animal lover with a truck or van? Starting a pet transport business might be the perfect opportunity for you. This business provides services to pet owners who need to relocate, travel long distances with their pets, or acquire pets from another state or country. In the US, the pet transportation services industry is estimated to be worth $2 billion and expected to grow at a fast pace through 2026 as more people travel and consumer spending increases.
You can start small by transporting dogs and cats between breeders and clients. When you’re ready, you can advance to transporting dogs and cats for animal shelters or veterinarians. As your business grows, you can expand your services to include international transport. It is important to make sure that the animals are safe and handled with care during travel. You might also want to consider joining an international network of pet relocation specialists so your business can be recognized as trained and qualified to provide pet transportation services.
24. Personal Driver
Some people hate waiting in line for a taxi or spending $40 on an Uber ride across town. Well, there’s a new trend that’s convenient for anyone who wants it: personal driver services. Demand for professional drivers is increasing as more people realize the advantages of a stress-free and seamless commute. More than 30,000 jobs for taxi drivers and chauffeurs, including personal drivers, are expected to be created per year through 2024 in the US.
In order to start your own personal driver business, you need to have a standard or commercial driver’s license. Check with your local authorities whether you need both. Some states may also require personal drivers to undergo training on safety regulations, navigation skills and customer service skills before they can accept clients. You should know the direct routes to hotels, convention centers, restaurants, airports and other landmarks. If you’re familiar with the streets in your city or state, then your personal driver business would have greater chances of success.
25. Bike Rental
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.
26. Liquidation Business
The liquidation market is booming, largely because of the pandemic. Retailers are reporting surplus inventory besides the various merchandise returned by customers. Reselling these items is what a liquidation business is all about. You can take advantage of this lucrative opportunity by starting your own liquidation business. The US liquidation market is huge, reaching around $644 billion amid the recession in 2020, and showing no signs of slowing.
You can start small by using extra space in your home to temporarily store the items you are going to liquidate. An option is to open a small brick and mortar shop in a good location with high foot traffic volume. Having an online presence will boost your sales, so it’s a good idea to develop a website, set up social media accounts, and post your items on online shopping platforms. A liquidation business can be a very profitable business model, but it takes some hard work and planning to get started.
27. Vacuum Therapy
If you’re an entrepreneur who’s looking for a new and exciting opportunity, a vacuum therapy business might be just what you’re looking for. Vacuum therapy is a massaging technique that uses a mechanical device with suction cups. It stimulates blood flow, and treats ulcers and burns in negative pressure wound therapy. It is also used in body contouring, cellulite reduction and treatment of erectile dysfunction. The rising demand for vacuum therapy is expected to lead to a 3% annual growth for the global vacuum therapy devices market through 2026.
Starting your own vacuum therapy business can be a very lucrative endeavor. But it’s important to remember that there is more to running a successful business than just having a great product. You might need to undergo training and get a license or certification to be able to offer this treatment, so check with your local authorities first. With careful planning and a good marketing strategy, you can get your vacuum therapy business off the ground and keep it running smoothly.
Are you passionate about keeping things clean? If so, starting a sanitation business may be the perfect fit for you! Sanitation businesses can be extremely profitable and generate a lot of repeat customers. The commercial cleaning and sanitation services market in the US is valued at close to $60 billion. It is expected to grow steadily in the next five years amid an increased demand for preventive measures against COVID-19.
A sanitation business can provide cleaning, sanitation and other janitorial services for both residential and commercial clients. You will need to identify your target market and focus on developing a niche after complying with the legal and regulatory requirements. To stay ahead of the competition, it is important to keep track of the latest market trends. For example, there is an increasing preference for the use of sustainable cleaning products. You will also need to be aware of garbage disposal, recycling and other related topics before getting started with your own sanitation business.
29. Drug Testing
Starting your own drug testing business can be a great way to help keep the community safe and make money at the same time. The global drug testing market is projected to grow 5% annually through 2028. It’s a huge market, with a value of $8 billion in 2020, due to stringent government regulations that require alcohol and drug screening as safety measures. The rising incidence of substance abuse worldwide is also fueling demand for drug screening services.
You will need a considerable amount of investment to establish your drug testing business. Make sure you have available funding sources, a sound business and financial plan, modern equipment, and enough supplies. Besides complying with the applicable laws and regulations, your drug testing laboratory must also be accessible and charge reasonable rates. You will also need to build your brand by ensuring a reliable testing process with no room for errors. Achieving this will help make your drug testing business a success.
30. Pooper Scooper
There are all sorts of businesses you can start for less than a thousand dollars. One such business is a pooper scooper business. This is a great option for anyone who loves animals, especially dogs, and enjoys being outdoors. The market is huge as there are around 77 million pet dogs in the US. This is your opportunity to make some extra cash, so be ready with your dog waste bags and start your pooper scooper business.
Before you start promoting your business, it is important to check local laws and regulations relating to pet waste. Many communities prohibit leaving pet waste in public spaces, so your pooper scooper business would thrive in these areas. Besides dog waste bags, you will also need rakes, shovels and dustpans. You might also need a pick-up truck and a dumpster if you have to haul the dog waste to an off-site location. You can keep your startup costs to a minimum by simply printing out flyers and business cards, and then leaving these in veterinary clinics, pet stores and other public places that pet owners frequent.
31. Knife Sharpening Business
The knife is considered the most important tool in the kitchen. In fact, mastering the basic knife skills is among the first tasks given to aspiring chefs. Keeping the knife sharp is another. With popular cooking shows inspiring more people to prepare their meals at home, demand for knife sharpening services is expected to increase. The US knife sharpening services market was estimated at $70 million in 2020 and is expected to grow at least 6% per year through 2028. If you’re looking for a profitable and practical way to earn money, then consider starting your own knife sharpening business.
A knife sharpening business is something that you can do from home and requires minimal investment. But you will need to know all the knife safety rules to avoid injuries. You will also need to research the various methods and materials used to sharpen knives. If you choose carefully, you will not only be ensuring the long-term health of your knife, but will also minimize the risk of accidents.
32. Proofreading Service
Do you have an eagle eye for detail? Do you easily spot grammar, spelling and punctuation errors when reading? If so, starting a proofreading business could be the perfect career for you. With the rising popularity of content marketing, demand for proofreading services has increased. Close to 8,000 proofreaders and copy editors are employed in the US and demand for proofreading services is expected to increase at least 6% annually through 2029.
A proofreading business can be a great way to make money from home. Proofreaders do the final quality check just before a manuscript or any text is published. Your potential clients include publishing houses, newspapers and magazines, and other businesses that outsource proofreading of business documents, marketing collaterals, manuscripts, academic papers, and other content. You will need to establish a strong online presence and brush up on your networking skills to find these clients and ensure the success of your proofreading business.
33. Blood Testing Lab
If you’re an entrepreneur with a passion for helping people, starting a blood testing lab business might be the perfect opportunity for you. The growing number of older Americans, who are likely to suffer from chronic illnesses and require frequent laboratory tests, is expected to boost demand for blood testing and other diagnostic services in the next five years. Diagnostic and medical laboratories in the US earned around $66 billion in 2021.
There are many things to consider before getting started, such as complying with licensing and insurance requirements as well as preparing your marketing and advertising strategies. You will need to find funding sources to equip your lab with modern equipment. You’ll also need to establish partnerships with local healthcare providers and hospitals, identify your target market, study the competition, and determine your competitive advantage to differentiate your business from the crowd.
With careful planning and execution, your lab can provide much-needed blood testing services to patients and local hospitals.
34. Home Builder
New home construction starts in the US have recovered from pandemic slump, posting a record 22% annual growth at the start of 2022 despite the rising mortgage rates. The $120 billion market is expected to continue growing as the economy improves and consumer spending increases. It’s the perfect time to start your home builder business and help address the housing backlog while achieving financial independence.
Of course, it’s not easy to get started in this competitive industry. Home builders construct new homes and undertake remodeling projects. You will need to research the market and find out what other home builders are offering. It is important to find ways for your business to gain an edge over the competition. You will also need to hurdle some time-consuming challenges like finding construction loans and getting building permits. Make sure to comply with the building code requirements and all construction-related laws and regulations before you start building. With careful planning, a home builder business can also be very rewarding.
35. 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.
36. Body Contouring
Body contouring is a new trend that gives people the chance to improve their appearance and feel more confident about themselves. If you’re an entrepreneur with a desire to help people look and feel their best, then starting a body contouring business might be the perfect venture for you. The global body contouring market was valued at more than $7 billion in 2021. It is expected to continue growing moderately through 2027.
To start a body contouring business, it’s to your advantage to first research about the procedures that you can offer. It’s also important to define and understand your target market so you can provide the products and services that your customers need. Next, develop a marketing strategy and promote your services through social media, your website, and other channels. Finally, make sure that you have a comfortable setting where clients can feel at ease. With these in place, you’re on your way to launching a successful body contouring business!
37. Uber Driver
If you have a car and know your way around your city, you could easily start an Uber business. Uber is a popular and growing ride-sharing service that can be a great way to make money. It earned more than $17 billion in 2021 and has nearly 4 million drivers worldwide. The broader ride-sharing market is projected to grow substantially through 2025. In the US, about a fourth of the population uses a ride-sharing service at least once a month.
To set up your Uber business, the first thing you need to do is to register with Uber. Uber only allows drivers with their own cars, so you should get one if you don’t have one yet. You will be asked to submit the required documents, prepare for a background check, and download the app. For background check, Uber looks into an applicant’s driving record and criminal history, if any. Once you pass the screening, you can just wait for customers.
38. Medical Courier
Fueled by a strong demand for the transport of life-saving medications, specimens and vaccines, the booming medical courier market is expected to surpass $7 billion in global revenues by 2027. If you’re thinking about starting a medical courier business, brace for some stiff competition from big industry players. Medical couriers make time-sensitive deliveries of specimens, vaccines, pharmaceutical products and even confidential patient records. An aging population in the US is also driving demand for the transport of supplies for organ transplant procedures.
Starting a medical courier business requires a significant upfront investment, especially in transport containers for refrigeration or freezing. You will also need to comply with federal and state laws and regulations as well as ensure that members of your team are highly trained and certified to handle sensitive medical shipments. To attract and retain clients, it’s wise to ensure safe and efficient delivery services while maintaining confidentiality. It is also important that you adopt the latest technology to manage and track shipments.
39. Bungee Workout
Bungee workouts are fast gaining traction in the US because of viral videos on social media. This low-impact cardio and full-body exercise, which originated in Thailand, has people flying and bouncing around indoors while attached to bungee cords. The growing popularity of this latest fitness craze has led to a surge in demand for bungee cords, with market revenues seen exceeding $1 billion by 2027. If you’re looking to start your own business, setting up a bungee workout studio can be a great way to make some money while getting in shape yourself.
To get started, it’s a good idea to find a good location for your studio. It will have to be in an area that’s easily accessible. Bungee workouts are for all people of all ages and body types, but you may still want to focus on a niche market and develop an appropriate training program. To find clients, it’s to your advantage to be well-connected and use social media platforms to promote your studio. You could also host bungee workout events. With market research and aggressive marketing, you’ll be able to make money in no time.
40. Sanitizing and Disinfecting Service
Starting your own sanitizing and disinfecting business could not be more timely. Because of the Covid-19 pandemic, the disinfectant manufacturing industry in the US is on the rise. Total revenue is expected to top $4 billion in 2022 and continue to grow on the back of an increasing awareness of the importance of hygiene. This has resulted in a robust demand for products that keep businesses and homes clean and safe from the coronavirus.
Before you set up your business, it is important that you understand the market and the regulatory environment. Sanitizers and disinfectants are types of antimicrobial pesticides that have to be registered with the US Environmental Protection Agency. While disinfectants can kill both bacteria and viruses on surfaces, sanitizers can kill only bacteria and are not intended for use against viruses. The EPA has a more rigorous testing process for disinfectants. As long as you comply with all laws and regulations, your sanitizing and disinfecting business could bring you substantial profits.
41. Mobile Tire Service
Are you always tinkering with cars? If so, a mobile tire service business might be the perfect venture for you. Almost every car owner in the US has experienced a flat tire, so this business offers a high profit potential and a lot of opportunities for growth. More than 220,000 replacement passenger car tires were sold in the US in 2020, making it the best performing segment in the tire industry. Replacement passenger tire shipments are projected to be stable in the coming years.
A mobile tire service business provides on-site tire diagnostics and repairs. You can start with just one road service vehicle, but you’ll need to comply with licensing and insurance requirements. You’ll also need to get creative with your marketing campaign and scope out the competition before you decide on your rates. As you scale up your business, you could acquire more vehicles and be able to offer a fleet of well-equipped service vehicles. You might also need to hire other tire technicians. So be ready to roll up your sleeves and get started.
The coronavirus pandemic saw telemedicine services spike across the globe as physicians found ways to provide health care even during quarantine by tapping virtual communication technology. In the US, total earnings from telehealth services are estimated at $17 billion in 2022. The industry is expected to continue growing in the next five years, considering the increasing number of older adults and higher federal funding for healthcare. If you’re thinking about starting your own telemedicine business, there’s no better time to do it.
To set up your telemedicine business, you need to comply with licensing requirements and other regulations first. Aside from getting a computer, smartphone and other mobile gadgets, you have to set up social media accounts as well as download instant messaging apps and video conferencing software. You will also need email clients and project management tools. Having a digital payment facility is very important to facilitate collection of fees and other charges. Once you have these digital tools, you can start providing virtual health care services in the comfort of your home.
43. Appliance Repair
Are you looking for a business opportunity with low overhead costs? Consider starting an appliance repair business. The market suffered a decline because of the pandemic but recovered in the latter half of 2020 because of low consumer confidence and supply disruptions. The market is expected to continue growing because of these disruptions that make it difficult for consumers to get new appliances.
Before you get started, understand the market and know that an appliance repair business covers household appliances like television, washing machines, dryers and refrigerators. You may also repair and maintain garden equipment like lawn mowers, but automotive or computer repairs are not included. You will need to check out licensing and other regulations, prepare the basic tools that you need for repairs and maintenance, and advertise your business to find customers. You can start small and work by yourself, or hire an assistant as your customer base grows. With a little planning and preparation, you can be on your way to running a successful appliance repair business.
44. Senior Transportation
By 2030, the number of Americans 65 and older is projected to increase to more than 72 million. They will be requiring transportation and other elderly care services. If you’re on the lookout for the next big business opportunity, consider starting a senior transportation business.
Start your business by understanding your target market. Older adults still need to get around to visit a doctor, shop for necessities, or see friends and loved ones. But most can no longer drive due to visual impairment and other challenges that increase the risk of road accidents. Public transport units usually have accessibility features, but seniors might have difficulty navigating stairs or walking between stops.
You also have to find out whether seniors need other services. Do they need service providers or just drivers? What is their budget? The answers to these questions will help you determine the type of fleet and service model to use. With your senior transportation business, you can look forward to making a profit and helping seniors maintain their mobility and independence as well.
Are you looking for a business opportunity that will help people feel better about themselves? A microblading business could work for you. Microblading is a non-invasive cosmetic procedure that gives a customer semi-permanent brows that match the skin tone and bone structure. This tattooing technique exploded on social media just before the pandemic and is still booming. The broader eyebrows services market – which also includes eyebrow threading, waxing and tweezing – surpassed $100 million in revenue in 2021.
You need to know a few things before you get started, from what supplies you’ll need to how to find clients. You’ll need to adhere to your state’s licensing requirements and other regulations. A microblading artist needs to complete a training program to get certified and, in most states, apply for a tattoo license to be able to work legally. Keep in mind that the regulations vary, so you’ll need to ask local authorities for guidance. Microblading is not cheap, but you’ll have to scope out the market to be able to offer competitive risks. It comes with risks, but it can be very profitable and rewarding.
46. Homeschool Business
If you’re an educator or counselor looking for a new opportunity, starting a homeschool business may be the perfect business for you. Homeschooling, which is legal in all 50 states, saw tremendous growth in the last two years because of the pandemic. The number of US households that were homeschooling at the start of the 2020-2021 school year doubled compared to the prior year. The pandemic may be waning, but people’s interest in homeschooling and other alternative school arrangements is still on an upward trend because of the high cost of private schools and the wealth of learning materials available online.
Before you can start promoting your services, you need to apply for the necessary permits and licenses. The requirements may vary depending on where you are setting up your business, so it’s best to check out the local regulations. Your curriculum must also meet the state’s requirements, although it can be tailored to each child’s individual needs and your own personal philosophy on education. This allows for a lot of flexibility. To market your business, it is important that you build a network of homeschooling families. With careful planning and hard work, you can create a successful homeschool business that provides quality education and enrichment opportunities for children!
47. Tree Trimming
If you are thinking of a business that involves nature, starting a tree trimming business may be the perfect fit for you! Tree trimming services may be largely seasonal and highly dependent on the weather, but stable growth in utilities and residential construction is fueling demand and prompting industry players to maintain an optimistic outlook. The US market is projected to grow modestly and reach nearly $30 billion in 2022.
Tree trimming services include pruning dead or excess branches to preserve the tree’s health and shape. Other services are tree felling, stump grinding and removal, and transplanting. Before you can start marketing your services, check out your state’s regulations and comply with the insurance requirements. There will be challenges and risks, so it’s important that you strictly observe safety measures. You will need to make an initial investment to get yourself a truck, chainsaw and other equipment, and safety gear. It’s a competitive market, so think of ways to differentiate yourself and provide added value to your services.
48. Computer Building
Are you the type of person who loves to take things apart and put them back together? If so, you might have what it takes to start your own computer building business. In this age of digital transformation, Americans are constantly purchasing or upgrading their computers. More than 60 million Americans buy a desktop or mobile personal computer every year, and the market is expected to be stable through 2025.
Before you can start, you need to have knowledge of computer hardware infrastructure and the skills to build computers. These often require an associate or bachelor’s degree in computer science or computer engineering. You will also need to obtain professional certifications. People skills are also important because you may need to communicate with your clients or provide after-sales service and technical support. As more people increasingly use mobile devices, it’s important to be knowledgeable about laptops, notebooks, netbooks and tablets. An option is to hire a computer technician and invest in training and other start up costs.
49. Scooter Rental
With gas prices going up, more Americans might find it more practical to use scooters for their daily commute. Scooters cost less than cars and have greater mileage per gallon. Over the past decade, a third of a billion trips were taken on shared bikes and scooters across the US. This is expected to increase further in the next few years. Considering this, a scooter rental business would be a great option.
But first, it’s important to understand that scooters are used primarily as a transport option for short distances. Setting up this kind of business will need a huge upfront investment because you might have to purchase some scooters, unless you can just lease them. Make sure you have all the necessary permits and insurance in place before opening. Once you have everything you need, it’s a good idea to work on advertising your business. You can use social media, print ads, or word-of-mouth to get the word out about your new venture.
50. Small Engine Repair
More than 8,000 job openings for small engine mechanics are projected in the US each year through 2030. They work in auto repair shops, or do onsite repair calls. If you have some mechanical experience, you can take advantage of this growing demand by starting a small engine repair business. Small engine repairs are constantly in demand because of the need to keep equipment operating efficiently. Without repairs, a damaged engine could malfunction, cause injuries or fire, or simply conk out.
One of the keys to a successful small engine repair business is to have the right tools and knowledge to fix simple problems. But first, do your research and look at the industry trends and the competition, figure out what kind of equipment you need, and how much it will cost. You should also know how to use tools like CAD, machine learning, and other technologies. It’s also important to create a business plan and marketing strategy. Finally, make sure you have the proper insurance and permits.
51. Cell Phone Repair
At least one smartphone screen breaks every second in the US, a cell phone repair company says. Not all Americans, however, can afford to toss their damaged smartphones, and buy a new one or upgrade. That’s why the cell phone repair industry has continued to thrive, earning around $4 billion a year. If you are skilled at fixing cell phones, this may be your chance to set up your own business.
Before you promote your services, it’s important that you decide what you’re going to offer. Will you be doing screen repair and replacement, battery replacement, or software-related repairs? Do you plan to set up a shop, or just work from home and promote your business online? You will find the answers to your questions as you research and assess the market. What’s important is that you are able to offer reliable and value-added services so you can quickly build up a loyal customer base.
52. Assisted Living
A growing geriatric population in the US is driving the assisted living market, which is seen to grow at least 5% annually through 2027. If you’re an entrepreneur with a background in health care, you might consider starting an assisted living business. It’s a great way to help take care of the elderly and make an impact in your community while making a profit.
Before you start your assisted living business, it’s important for you to assess the competitive landscape and determine the services that you will offer. You’ll need to comply with the zoning and licensing requirements. It’s also a good idea to study the possible legal issues, hire the right people, and decide which amenities to provide. Most assisted living facilities have gardens, a library, entertainment and a doctor on call. This business needs hefty investments, but the potential for financial rewards is great. So start drawing up the building plans for the best assisted living facility in your area.
53. Multi Service Business
Want to set up a business but not sure what services to offer? Why not set up a multi-service business? For example, you can start with handyman services. Annual spending for these services is estimated at $4.5 billion in the US. Another is a concierge service that will help individual and institutional clients carry out time-consuming tasks and errands. Your multi-service business could serve as a one-stop shop that offers a variety of services so that customers don’t have to hop from one service provider to another.
Before you set up a multi-service business, it would be best to check out the market and find out what services are still needed. By making these and other complementary services available, you will be offering convenience to your customers and most likely gain their loyalty. The most important step is building your brand of service. You should have a clear vision of your brand and identity to be able to draw up an efficient marketing strategy.
54. Marketing Consulting Agency
If you’re ready to take your marketing career to the next level, why not set up your own marketing consulting business? The $475 billion global marketing services industry is projected to grow steadily. A fast growing segment is digital marketing, which has also been contributing the bulk of income.
If you have experience providing professional advice on marketing and sales, you’ll need only a minimal investment to set up your marketing consulting business. Before you launch, it’s a good idea to choose which services to offer, build your team, and scope out the market to determine pricing. Once you’ve decided on a business name, it’s to your advantage to create a logo, set up social media accounts, and develop a website to establish your brand especially in the digital space. These will help you find your first clients. The journey won’t be easy and you might encounter speed bumps along the way, but it’ll be worth it.
55. Grocery Delivery
Global online grocery delivery sales have been growing by almost 30% since the coronavirus pandemic crippled economies in 2020. This stellar performance is expected to continue through 2024 as a lot of people continue to stay or work from home even with the lifting of protective measures. With online grocery shopping, consumers no longer have to spend time queuing in supermarkets. They simply browse through a retailer’s website or app, shop and check out, pay for the items online, and have these delivered right to their doorstep.
If you’re thinking of starting a grocery delivery business, now’s the time to do it. You have at least three options: operate your own delivery service, work with a franchise, or sign up with an established retailer. Consider carefully the pros and cons of each option before deciding on which business model to choose. Assess the competition as well and identify possible clients if you’re going to give it a go on your own. Whatever your decision is, plenty of opportunities await.
56. 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.
57. Animal Rescue
If you’re an animal lover who rescues every stray fur baby on the road, it might be time for you to consider making a career out of your passion. The animal rescue shelters industry in the US is valued at more than $3 billion and still growing. The industry was among the gainers at the start of the COVID-19 pandemic as more than 12 million US households adopted pets for companionship during the lockdowns. With the pandemic waning, many of these US households are expected to return their pets to shelters.
Animal rescue shelters are usually run by volunteers and non-profit organizations. But this doesn’t mean you can’t establish a small business for profit. You’ll just have to decide on a niche and the kind of services that you will offer to make sure you’d be left with a positive cash flow. Take a look at government regulations, too, and comply with these before you open your shelter.