56 Basketball Business Ideas You Can Start Today [2024]
Interested in starting a basketball business in 2024?
We put together 56 of the best basketball businesses you can start in today.
For each business idea, we’ll show you real-world examples of other basketball businesses to help you see what it really takes.
Here's the full list:
1. Start a catering business
A catering business is responsible for providing food & beverage-related services for vast types of events.
Catering businesses are known to be more flexible than other businesses because they don’t have to worry about location or pricing and can even work 24/7. They can cater anywhere and offer any price point that they want.
However, starting a catering business requires a lot of planning.
To start a successful catering business , you'll need to plan and prepare menus, manage budgets, handle clients, and more.
In addition, catering allows you to meet more people and show off your cooking skills.
How much you can make: $3,750 — $48,333/month
How much does it cost to start: $500 (?)
How long does it take to build: 90 days (?)
Elegante Catering founder, Nestor Nidome, details his journey from failed DJ business to a $20k/month catering company, emphasizing the importance of online marketing and customer feedback as key contributors to his success.
2. Start a basketball museum business
3. Start a basketball television station business
4. Start a basketball one stop shop business
5. Start a basketball radio station business
6. Start a basketball academy business
7. Start a basketball magazine business
8. Start a basketball betting business
9. Start a basketball jersey customization business
10. Start a basketball scout business
11. Start a basketball school competitions business
12. Start a basketball cartoons production business
13. Start a basketballs manufacturing business
14. Start a basketball film and documentary production business
15. Start a basketball video games development business
How much you can make: $1,000,000/month
How long does it take to build: 8 days (?)
Chibi Dinos NFT, a play-to-earn NFT community co-founded by 25-year-old Sean Kelly, earned $2.4M in revenue during its initial sale, reinvesting 60% of its earnings into staffing and marketing while earning $2,005.0453th in secondary sales on OpenSea, thanks to tapping into Twitter users as part of its marketing strategy.
16. Start a basketball related videos production business
17. Start a basketball theme song production business
18. Start a basketball training school business
19. Start a basketball toys production business
20. Start a basketball reality show business
21. Start a basketball courts construction business
22. Start a fantasy basketball games business
How much you can make: $1,000,000/month
How long does it take to build: 8 days (?)
Chibi Dinos NFT, a play-to-earn NFT community co-founded by 25-year-old Sean Kelly, earned $2.4M in revenue during its initial sale, reinvesting 60% of its earnings into staffing and marketing while earning $2,005.0453th in secondary sales on OpenSea, thanks to tapping into Twitter users as part of its marketing strategy.
23. Start a basketball kids club business
24. Start a basketball commentary business
25. Start a basketball coaches empowerment center business
26. Start a basketball toys retail shop business
How much you can make: $20,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 180 days (?)
Grip Spritz, a traction product for basketball and volleyball shoes, was founded by a golfer, lawyer, and recent graduate-turned-tour-manager, and after years of hard work and grassroots marketing, the company has seen explosive growth, quadrupling its success in 2022 by expanding into Amazon and sports magazines and partnering with nationwide basketball camps.
27. Start a basketball youtube channel business
28. Start a basketball related guide business
29. Start a basketball talk show business
30. Start a basketball sportswear business
31. Start a basketball courts maintenance business
32. Start a basketball charity matches business
33. Become a face painter
Popular at children's parties, weddings, and even some corporate events, face painting is a great creative activity that sparks joy among people of all ages.
If you love making people happy and helping them celebrate different events in life, consider starting a face-painting business.
If you are planning to start a face painting business on a professional basis, it would be wise to take an introductory training course to learn the basics of face painting and the safety and health precautions involved in the business.
How long does it take to build: 90 days (?)
34. Start a basketball marketing business
35. Start a sports management business
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
36. Start a sports research business
37. Start a basketball artworks creation business
38. Start a basketball wares consignment business
39. Start a basketball clinic business
How much does it cost to start: $1,000 (?)
40. Start a basketball cheerleading business
41. Start a mascots supply business
42. Start an amature basketball league business
43. Start a basketball app
How much you can make: $3,000/month
HoopMaps is a mobile app that helps users locate pickup basketball games, with over 90,000 users across 11 countries, featuring on international media outlets like SportsCenter and Shark Tank, and has partnered with The Big 3 professional basketball league.
44. Start a basketball souvenir business
45. Sell tickets
The ticketing business involves the sale of tickets for events, such as concerts, sporting events, and theater productions. The business typically involves purchasing tickets from the event organizer or ticketing company and reselling them to the public at a markup.
To run a successful ticketing business, it is essential to have a reliable source of tickets, a strong marketing strategy, and a clear understanding of the demand for the events you sell tickets for. It is also essential to have a system for tracking ticket sales and handling customer inquiries.
One essential tip for success in the ticketing business is to offer a wide range of ticket options, including VIP packages and seating options, to appeal to different types of customers. It is also essential to stay up to date on industry trends and to be flexible to adapt to changes in the market.
Finally, building solid relationships with event organizers and ticketing companies can be crucial for securing a steady supply of tickets and for negotiating favorable terms for your business. By focusing on customer satisfaction and building a reputation as a reliable and trustworthy ticket seller, you can establish a successful ticketing business that thrives in the competitive entertainment industry.
How much you can make: $500,000/month
A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.
46. Start a bodyguard security service business
47. Start a valet parking service business
48. Start a basketball club business
49. Start a laundry business
Starting a laundry business can be a fulfilling and lucrative venture for entrepreneurs looking to make a difference in their communities. With the right equipment and a commitment to providing excellent customer service, this business idea has the potential to thrive in a variety of locations.
One unique aspect of starting a laundry business is the opportunity to offer specialized services, such as eco-friendly detergent options or same-day turnaround for busy professionals. Additionally, partnering with local dry cleaners or offering pickup and delivery services can set your business apart from competitors and attract a loyal customer base.
In terms of upfront costs, starting a laundry business will require a significant investment in commercial-grade washing machines and dryers, as well as a convenient and well-located storefront. However, with the right marketing strategies and a focus on providing top-notch service, this investment can quickly pay off and result in a thriving business.
Overall, starting a laundry business is a rewarding and potentially profitable venture for entrepreneurs who are passionate about making a positive impact in their communities. With the right approach and a commitment to excellence, this business idea has the potential to succeed in a variety of settings.
How much you can make: $24,000 — $83,333/month
How long does it take to build: 120 days (?)
Dhobilite disrupted the laundry market in India by using smartphone technology and becoming India's first app-based, on-demand cleaning service provider, expanding to more than 15 cities, with 20+ stores and 30+ franchises, offering premium online dry cleaning and laundry services, with revenue equally distributed between dry-cleaning and laundry.
50. Start an online basketball shop business
51. Start a security services business
The demand for private security services is increasing, a trend that is fueled by the rising number of violent crime incidents and terrorism incidents.
Therefore, if you wish to enter the private security field, 2024 might be the best time.
To start a private security business, research what security services are in high demand and learn how to add services based on market demand and size. You may decide on a niche, such as an event security and personal security, and write a business plan.
How much you can make: $2,000,000/month
Cyber security SaaS platform Coro offers cloud security services to mid-market enterprises, securing a total of $81.5 million in funding and a $500 million valuation, with 4,500 clients on the platform and reaching a $1 million run rate in 2019.
52. Start a basketball consulting business
53. Start a basketball players insurance policy business
54. Start a basketball pay per view website business
55. Start a basketball photography business
56. Start a professional basketball blogger business
How long does it take to build: 90 days (?)
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
