45 Businesses You Can Start With $50k [Updated for 2023]

45 Businesses You Can Start With $50k [Updated for 2023]

If you're looking to start a business on a budget, you'll be pleased to know that there are plenty of options out there. You can start many businesses for under $50k.

So if you're ready to take the plunge, here are some great ideas to get you started.

1. Start a fashion consulting business ($4K/month)

Fashion consulting is becoming increasingly popular, with the rise of small start-ups and new eCommerce sites. As the world becomes more visual, fashion consultants, image consultants, and image coaches are in high demand.

As a fashion consultant, your tasks will be varied and could include: sourcing products, making recommendations on fashion trends and styles, advising on colors, fabrics, and cut, sizing, and quality.

A fashion consulting business can be a profitable and enjoyable way to work with high-end clothing. It is an easy and relatively passive way to make money working online.

How Much Can You Make?
Average Initial Investment
$133,716
Time To Revenue
270 days
Skills
Business model

Case Study

I’m Susannah Davda and I launched my business The Shoe Consultant in 2015. I help people to start shoe brands that delight their customers.

Before I launched The Shoe Consultant, people who wanted to start shoe companies struggled to gain access to this rather closed industry. Footwear business professionals didn’t see the point of nurturing those with no previous shoe experience. I didn’t think this was fair, so for the past five and a half years, I have helped dozens of entrepreneurs to enter the wonderful world of shoes.

how-i-started-a-3-5k-month-business-helping-people-that-want-to-start-shoe-brands

2. Start an online tutors business

Online tutoring is a growing business idea that provides academic assistance and support to students through the internet. This can be done through one-on-one sessions, group classes, or pre-recorded video lessons. Online tutors can specialize in a specific subject or offer tutoring services for various subjects.

To start an online tutoring business, you must have a strong background in the subject or subjects you want to tutor. You will also need good communication skills and be comfortable using technology, as you will interact with students through video conferencing platforms or messaging apps.

To succeed in this business, you will need to be able to provide high-quality tutoring services that help students understand and retain the material. This may involve creating personalized lesson plans and materials, providing feedback and support, and being available to answer questions and provide guidance. You will also need to be able to market your services effectively to attract potential clients.

There are a few key steps to starting an online tutoring business:

  • Determine your areas of expertise and the subjects you are comfortable tutoring.
  • Develop a website or online platform to showcase your services and allow students to schedule sessions or access materials.
  • Set up a payment system and establish your rates.
  • Promote your services through social media, online classifieds, or networking with schools and educational institutions.
  • Provide high-quality tutoring services that meet the needs of your students and help them succeed academically.

To succeed in this business, you will need to be organized, reliable, and able to adapt to the needs of your students. You will also need to be able to communicate effectively and use technology to your advantage. With hard work and dedication, an online tutoring business can be a rewarding and fulfilling career choice.

How Much Can You Make?
$25,000 — $166,667/month
Average Initial Investment
$70
Skills

Case Study

Kalyan Mazumder founded Prepmedians on the premise that every student should enjoy prepping time studying for the SAT/PSAT/ACT.

Kalyan uses his background as an actor to create interesting, funny, and interactive videos that will help people learn without the monotony of a conventional classroom.

After watching a video created by the team just once, students show a 9% statistically significant improvement in their baseline question sets.

To date, Prepmedians has assisted millions of students across the globe to accomplish their dream scores.

They use TikTok as one of their main social media channels to connect with people and build a community of Prepsters. Currently, Prepmedians has $361K followers on TikTok and 7.4M post likes.

article

Listen to the full podcast on podcasts.apple.com ➜

3. Become a mobile makeup artist

A makeup artist is a beautician who offers general makeup services, including facial aesthetics, thorough makeup, and creating custom looks for celebrities and even actors on movie sets.

You can serve clients from their homes or offices as a makeup artist. Therefore, makeup artists avoid paying rent or paying expensive licenses. Besides, makeup artists get to meet different famous people.

To stand out as a professional makeup artist , keep up with the developments in the cosmetology industry, and focus on providing personalized customer service.

4. Become an event planner

Event planners arrange the details of various events, including weddings, anniversaries, reunions, and large social gatherings.

As an event planner, you get to explore your creative vision and see an idea turn into reality from the conception stage to the execution stage.

How Much Can You Make?
$108,000/month
Skills

Case Study

I’m Natasha Miller- raised in Des Moines, Iowa but high-tailed it out of there as soon as I could at the age of 23. I thought I’d be a performer only - a classical violinist and jazz vocalist, but as it turns out those careers might have been the catalyst for where I am today.

  • Inc. 5,000 Fastest Growing Companies in America
  • Entrepreneur Magazine 360 List “Best Entrepreneurial Companies in America”
  • San Francisco Business Times Fast 100 “Fastest Growing Companies in the San Francisco Bay Area”
  • Special Event Top 50 Event Planners in the World

how-natasha-miller-started-a-4m-event-management-company

5. Become a real estate agent ($350K/month)

Real estate agents are professionals who assist clients in marketing and selling their properties. They also assist the buyers in purchasing properties. Their services include meeting clients, advising them about market conditions, and providing guidance through the process of buying or selling properties.

A real estate career can be financially rewarding. However, the work requires good management skills, organization skills, customer service, handling complex paperwork and socially promoting yourself.

The pros of becoming a real estate agent include earning extra commission from clients and also setting your own working hours.

How Much Can You Make?
$5,000 — $1,500,000/month
Average Initial Investment
$27,500
Time To Revenue
300 days
Skills
Business model
Work from home

Case Study

My name is Grigory Pekarsky and I own a residential real estate company called Vesta Preferred.

We consistently grow at a 20% pace and this year we are on pace to write 1000 new leases and sell over $120m in real estate.

6. Start a home care business

How Much Can You Make?
$250,000/month
Skills

Case Study

My name is Gareth Mahon. I’m the co-founder and CEO of The CareSide, a home care and nursing service provider for elderly individuals in Australia. We are based in Perth, Australia.

We launched our company in 2017. Over the past 3 years, we have scaled to $5 million in revenue.

how-i-started-a-250k-month-a-home-care-and-nursing-service-provider

7. Mobile pet grooming business

How Much Can You Make?
$250,000/month
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

My name is Amy Reed and in 2004 my neighbor, Leslie Barron, and I founded Woofie’s - a professional pet care services company in Northern Virginia. Woofie’s offers Pet Sitting, Dog Walking, and Mobile Pet Grooming services.

With 16+ years of experience, Leslie and I have seen the industry grow and mature, we have turned challenges into opportunities, and we continue to keep Woofie’s evolving well ahead of the pack!

how-these-two-friends-started-a-250k-month-professional-pet-care-business

8. Start a solar panel installation business

The solar panel installation business is a growing industry. In the past decade, solar panels have become more affordable and attractive to consumers. This has led to an increase in demand for solar panel installation services.

Solar energy is one of the most sustainable and environmentally-friendly forms of energy available today. It produces no greenhouse gas emissions or other toxic chemicals that can harm the environment or human health.

A solar panel installation business should consider investing in marketing strategies that will help them reach their target audience and sell their services effectively.

How Much Can You Make?
$2,000,000/month
Average Initial Investment
$100,000
Skills

Case Study

Hello, my name is Alex K Williams, the founding partner at Solar Energy Partners (SEP). Our focus is to provide the best customer and consultant experience in the solar industry. We provide more premium options for customers and consultants alike.

Our overall growth has skyrocketed from more than 400% growth since inception.

our-solar-installation-business-just-hit-24m-year

9. Become a drywall installer

Drywall installers work in specialty construction. They measure, cut, and fasten the drywall panels on the interior walls of residential and commercial properties. To become a drywall installer, you must complete a three-to-four-year apprenticeship program and possess a certificate. Their professional skills include moving heavy loads and performing physical tasks.

You can work under a certified and registered contractor, or start your own drywall installation business, so long as you have enough years of experience working as a junior drywall installer.

How Much Can You Make?
$40,000/month
Average Initial Investment
$7,000
Skills

Case Study

Innovation Plumbing started as an idea in 1990, and officially in 1991 when my dad got his C 36 plumbing license for the state of California. I was two years old at the time.

Over the years Innovation Plumbing has grown and evolved into a devoted list of repeat customers who are more like family to us. Makes sense, in a family business!

i-run-a-family-plumbing-business-that-makes-40k-month

10. Start a landscaping business

A landscaping business is engaged in maintaining lawns and gardens, trimming trees and shrubs, and providing landscape maintenance and beautification services. Landscaping costs vary depending on the size and location.

For small jobs such as taking care of the lawn and trees, the cost can vary from $50 to $100 per hour. The average wage of a landscape designer is $70,000 to $90,000, and a landscape architect makes around $50,000 to $100,000 per year. For basic maintenance and mowing services, a single person who runs a landscaping business can get started with as little as $5,000 or less. However, a proper landscaping business will require a large investment. The average start-up cost is between $15,000 to $20,000.

Once the type of service is decided, the list of tools and equipment can be purchased. The best way to succeed in a landscaping business is to provide quality service. This will not only retain existing clients but also promote and attract new customers.

How Much Can You Make?
$2,500,000/month
Average Initial Investment
$129,000
Skills

Case Study

I'm Bryan Clayton CEO of GreenPal which is best described as Uber for Lawn Care.

Good thing early investors told us no because with their capital they would have owned and controlled 30% of our business.e are self-funded and my cofounders and I own it all.

uber-for-lawn-care-how-i-built-a-30m-software

11. Start a home cleaning service

Mopping floors, making beds, cleaning other people’s bathrooms, and vacuuming surfaces are not everyone’s cup of tea. However, if you are looking for a quick way to earn money, consider starting your home cleaning business.

Home cleaners earn per hour or chore, and can work for as many hours to maximize their income. Office-going people or parents with kids to look after do not have the time to clean their houses. Others are just messy and lazy and prefer paying a home cleaning services to keep the house in order.

To start a home cleaning business you do not need any particular skills or prior experience. You can advertise online, perform tasks, get referrals and build a steady clientele.

How Much Can You Make?
$83,000 — $600,000/month
Average Initial Investment
$800
Skills

Case Study

Hey! My name is Neel Parekh and I am the Founder and CEO of MaidThis® & MaidThis® Franchise, a cleaning franchise that helps residential homeowners and short-term rental hosts (Airbnb, VRBO, etc) with their cleanings.

  • We made our niche focus on cleaning Airbnbs and vacation rentals, in addition to regular home cleaning, which is a rapidly growing industry. We became the first cleaning franchise specializing in vacation rental cleaning.
  • Local businesses are often pretty old school and typically aren’t the best with marketing, especially digital marketing. We’re bringing new-age marketing tactics to this old-school industry.
  • Remote work: we’ve been able to stay extra nimble and lean with having a global workforce. This was initially done out of necessity so I could travel, but quickly became a huge competitive advantage. Our office team works across 8 different countries.

how-i-started-a-100k-month-home-cleaning-service-for-busy-individuals-and-airbnb-hosts

12. Start a car washing and detailing business

The carwash business is already a multi-billion-dollar industry with room for growth.

With the number of vehicles per household increasing daily, starting a car wash and detailing business could be a profitable idea.

If you have a piece of vacant land in the right location, you can get into the carwash business. You can set up an in-bay automatic carwash, self-washing carwash, touch-free carwash, or a wide range of other options.

How Much Can You Make?
Average Initial Investment
$500
Skills

Case Study

My name is Josh Belk and I’m the founder of Belk Mobile Detailing. Belk Mobile Detailing is a mobile automotive detailing business in Springfield, Missouri. We come directly to our customer’s homes to make their vehicles look new again. I’m currently a co-owner in the business, with the other owner being my brother Austin.

We have four main types of customers that use our services: professionals, business owners, busy moms, and people looking to sell their vehicles. Our business has been generating an average of $8,000 over the past 12 months and detailing 60-80 vehicles per month.

how-we-started-our-96k-year-mobile-auto-detailing-business

13. Start a 3D Printing Business ($260K/month)

3D printing, also known as additive manufacturing, makes it possible to produce a physical item by assembling a material layer by layer.

If you love creating stuff, then a 3D printing business may be for you.

How Much Can You Make?
$42,000 — $330,000/month
Average Initial Investment
$407,500
Time To Revenue
240 days
Skills

Case Study

My name is Roy Kirchner, an entrepreneur from Odessa, Florida. After years spent in the automobile and marketing and advertising industries, I decided in 2014 to form a new company solely focused on emerging new technology, 3D printing.

I started my company with an initial, out-of-pocket investment of $65,000, and today we are averaging monthly gross sales of $330,000.

how-i-started-a-330k-month-ecommerce-specialized-in-3d-printing

14. Start a dance studio

The dance studio business idea involves providing a space for people to learn and practice various dance styles, such as ballet, jazz, hip-hop, and salsa. To start this business, you will need a space to hold classes, essential equipment, and instructors. You must schedule classes, advertise the business, manage finances, and create a positive student experience to operate it.

How Much Can You Make?
$8,400 — $40,000/month
Average Initial Investment
$150,000
Skills

Case Study

I am Bryan Greene, I own and started The LOOK Fitness in Newport Beach, California.

The LOOK Fitness is currently making $53,000 per month and growing monthly, fighting back from the hardships we've endured. We moved from our original location as we outgrew our first location and survived a drawn-out build-out that was supposed to take only two months, which took one year and eight months, and COVID in Southern California with some of the most strict closures.

how-i-grew-my-fitness-studio-to-480k-year-despite-the-pandemic

15. Start a vegan bakery

More people are becoming aware of the benefits that vegan food products offer to their health. Therefore, vegan food establishments and vegan bakeries are increasing at an unprecedented rate.

Vegan bakeries use plant-based ingredients to produce and sell sweet and savory products made in compliance with the strict requirements of a vegan diet.

How Much Can You Make?
$25,000 — $200,000/month
Average Initial Investment
$18,000
Skills

Case Study

Hey guys! I’m Heather Saffer, Founder and CEO of Dollop Gourmet. We make better-for-you gourmet frostings that contain half as much sugar as conventional frostings and twice as much flavor!

I’ve been fortunate enough to be featured as a winner on Food Network’s Cupcake Wars, Shark Tank, QVC, in Forbes, Oprah.com, Huffington Post, among others. As a business, we’re currently doing about $30,000 a month.

dollop-gourmet-how-heather-saffer-grew-her-vegan-frosting-business-to-30k-mo

16. Start a catering business ($20K/month)

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 Can You Make?
$3,750 — $48,333/month
Average Initial Investment
$356
Time To Revenue
180 days
Skills
Business model

Case Study

Hi, my name is Nestor Nidome and I am the founder and owner of Elegante Catering. Serving the Inland Empire (San Bernardino and Riverside county) and now have expanded to serve all of Southern California. Our customers, mostly higher middle class, have enjoyed our delicious menu ranging from full service plated meals, made to order pasta bars to buffet-style menus such as Mexican fajitas bar and tacos.

Weddings because there is no higher compliment than to have the bride and groom come up to us complimenting us and letting us know how all their guests are raving about the food. As for corporate caterings we like to make it as simple as possible for them. We have 12 different menus they can choose from so that every month their employees enjoy a different menu. Plus once we have their information all they have to do is text us the Date, Menu, and Time they want. We understand that they have better, more important things to do than order food. This has allowed us to grow our monthly sales to $20,000.

how-i-found-success-with-a-20k-month-catering-company-after-starting-many-businesses

17. Start a food truck ($125K/month)

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

How Much Can You Make?
$29,166 — $61,650,000/month
Average Initial Investment
$44,033
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

I started my career at the world-famous Century Plaza Hotel in Los Angeles Apprenticing under Certified Master Chef Raimund Hofmeister.

Food Fleet’s growth Year after year has been at an at over 30 %. From 2017-2018 we had an unprecedented 160% growth spurt. With a team of 6, including my partner and I, we managed over 20 million in sales for our clients. As an example. We took over a convention center 3 years ago managing their food truck business. For their largest event of the year, we were up 53% over the previous year. I honestly would have to equate some of that success to the under-reporting of sales by the previous operator. But the following year we were up 19% from that figure and again close to that this year. That is due in large part to our understanding of transaction times, menu mix, the equipment in each truck or pop up and other factors.

18. Start a tanning salon business

A tanning salon is where affluent clients expose themselves to ultraviolet light to darken their skin. A tanning salon offers a wide range of benefits, such as improved appearance, enhanced mood, and increased vitamin levels.

Depending on your location and operation, a tanning salon can be profitable. You can establish your tanning salon in a gym, spa, hotel, or within a sporting facility.

19. Start an online diet and fitness business

The concept of wellness has been around for decades. The latest IPSOS report has shown that more than half of the world’s population is interested in exercising and eating more healthily.

A majority of people falling under this classification are using the internet to help them through their health and fitness journey.

Therefore, starting a website dedicated to teaching and helping people in dieting and exercising presents a potential business opportunity.

How Much Can You Make?
$10,000 — $33,333,333/month
Skills

Case Study

Nagina Abdullah is the owner of the online weight loss coaching company MasalaBody.

She lost 40 lbs in 9 months and is now on a mission to help others achieve similar weight loss success.

Women who’ve previously tried everything else lost hope and believed their weight issue might be genetic. But when they consulted Nagina, they could see positive results within a short time.

Nagina assists ambitious professionals and entrepreneurs transform into a healthy lifestyle using a step-by-step habit change approach through 1:1 coaching and online programs.

She works specifically with busy clients and provides strategies for every situation, including while they are at home, networking/business conferences, and traveling.

article

Read the full story on growthlab.com ➜

20. Start a meditation studio ($13K/month)

Starting a meditation studio is a great business idea for those passionate about wellness and helping others find inner peace. This studio provides a relaxing and calming environment where people can practice mindfulness and meditation.

At your meditation studio, you can offer a variety of classes and workshops, including guided meditation sessions, yoga classes, and other wellness practices. You can also offer one-on-one coaching and personal development sessions to help your clients achieve their goals and find more balance in their lives.

To create the perfect atmosphere, you will want to design your space with calming colors, comfortable seating, and soothing lighting. You may also want to consider adding essential oil diffusers, calming music, and other elements that help create a peaceful environment.

The demand for meditation and mindfulness practices is growing, so starting a meditation studio is an excellent opportunity to tap into this trend and positively impact your community. By providing a place for people to relax, de-stress, and find inner peace, you can help people live happier, healthier lives.

How Much Can You Make?
$13,000/month
Average Initial Investment
$60,000
Skills

Case Study

We are Athena and Maria, the mother-daughter co-founders of Kala Mobile Meditation Studio in Baltimore, Md. Our customized 35 ft vehicle has 8 meditation rooms or “pods” for individual audio meditation and sound therapy sessions. Each pod is equipped with comfortable built-in seating, noise-canceling headphones, and an interactive tablet where guests can view and select from our menu of original (and locally produced) meditation options.

how-we-started-a-mobile-meditation-studio

21. Start a bitcoin vending machine

A bitcoin vending machine allows customers to purchase bitcoin and other cryptocurrencies.

To Start a bitcoin vending machine you need to buy a bitcoin ATM and register the AML/KYC requirements with the BTM compliance. Then, you have to secure a steady bitcoin supply before deploying the machine to a secure location. Finally, you need to load service cash before launching the business.

The BTMs recoup costs through a margin for profit attached to any fees levied on the consumer. With the rate of fees and the overall popularity of Bitcoin, a cryptocurrency ATM is still a highly profitable venture.

22. Start an online vape shop ($180K/month)

How Much Can You Make?
$60,000 — $300,000/month
Average Initial Investment
$12,500
Time To Revenue
300 days
Skills
Business model
Work from home

Case Study

I’m Jeremy Ong, I am mostly based in Malaysia and Singapore right now. The business that I’ve built is Vape Club. It started off as an MVP for a vape subscription box business for consumers to discover e-liquids for cheap. Initially, our customers are primarily from Malaysia. Currently, Malaysia only accounts for 1% of our total revenue.

We do about USD60,000 in revenue per month right now - which is a hella lot of money for typical Malaysians. To put things into perspective, the median average household income in Malaysia is USD1,215. Not too bad for a single unmarried 28 year old chap eh?

how-i-started-a-60k-month-online-business-from-malaysia

23. Start a mobile phone repair kiosk

A cellphone repair kiosk is a low-startup cost business; hence easy to start. However, the profit margins may be low as you start the business, but they increase over time as you become well-known and successful.

To start a mobile phone repair kiosk, find streets with high foot traffic, and open a store. Advertise your business widely to get more foot traffic to your shop.

24. Start a co-working space rental business ($300K/month)

The co-working spaces are becoming essential in the post-pandemic world. Experts estimate five million people will occupy coworking spaces in the next few years. The projections are based not only on the growth the coworking industry has experienced over the past few years but also on the sharp increase in the number of startups coming up each year.

Therefore, creating your coworking space business will become a lucrative opportunity. To create a coworking space, do proper market research to ensure you have the demand for a co-work space in your target area.

Then, focus on finding an ideal location to attract the maximum number of customers.

How Much Can You Make?
$4,000 — $300,000/month
Average Initial Investment
$133,416
Skills

Case Study

I’m Lucas Seyhun. I’m the founder of one of the earliest New York City coworking spaces, The Farm Soho, established in 2014. Unlike most of our competitors (don’t want to give any names), we adopted the affordable workspace model which became our fuel both before and during the pandemic.

Now we cater to all these as well as established businesses discovering the agility and cost-effectiveness of flexible office space rental as opposed to conventional long leases; and also to event organizers in need of unique spaces backed up by expert support.

i-created-an-airbnb-for-startups-in-nyc-make-3-6m-year

25. Start a digital marketing business ($179K/month)

Digital marketing businesses serve local and international companies to expand their reach and grow revenue. A top reason digital marketing is so exciting is that the field is constantly evolving and is easy to learn.

If you plan to start a digital marketing business, educate yourself and understand how digital marketing agencies work. Then, focus on building your digital skills and advancing your career through online digital marketing courses.

To stand out, find a digital marketing niche and focus on the audience interested in your services.

How Much Can You Make?
$2,000 — $6,660,000/month
Average Initial Investment
$67,678
Time To Revenue
300 days
Skills
Business model

Case Study

Hello, My name is Hasan, the founder of H-educate, H-supertools, and some other websites and services. I began working on H-supertools 2 years ago and launched it four months afterward.

Today, we have more than 80K Registered Users on the platform and more than 300K Visits each month, which, in a sense, is a high achievement for a new platform that took less than two years to build.

i-built-a-seo-tool-that-s-completely-free-for-users-from-lebanon

26. Start a conversation chatbots creation business

How Much Can You Make?
$25,000 — $200,000/month
Skills

Case Study

Hi there! I’m Henson Tsai, the Founder of SleekFlow. I come from Hong Kong, and I started the business more than two years ago to tap the potential of social messaging in businesses. We started with a team of 3, including me. Now we have 20 more staff members across two regions. We have just been backed by Alibaba, recently finishing our Pre-A fundraising.

we-created-a-2-4m-year-social-commerce-messaging-from-hong-kong

27. Start a crowdfunding platform ($203K/month)

Raising money for your project can be difficult. Crowdfunding is one way to get funding through a large number of smaller investments. If you have some expertise in a particular area that may be useful to other people, there's no better time to take action. The crowdfunding revolution is happening right at your fingertips.

Crowdfunding has exploded over the past year, and you need to be a part of it. The Worldwide crowdfunding market share is expected to increase by $240B from 2021 to 2026. Crowdfunding is one of the quickest ways to get funding and build your brand.

How Much Can You Make?
$5,000 — $400,000/month
Average Initial Investment
$1,000,000
Skills

Case Study

My name is Howard Marks. I am the co-founder and CEO at StartEngine, a leading equity crowdfunding platform that allows everyday people to invest in startups and entrepreneurs to raise capital from the crowd.

StartEngine has helped more than 265 companies raise capital from a community of over 190,000 users on our platform. Those companies have raised close to $100M and include every type of business from electric bikes and solar panels to movies and open source voice assistants.

how-we-built-and-launched-a-100m-equity-crowdfunding-platform

28. Start a sports copywriting business ($20K/month)

How Much Can You Make?
$300,000/month
Skills

Case Study

I’m Zack Johnson, and I run ggCircuit,which provides premium software, services, and support for esports arenas around the world.

UC Irvine Esports Arena - One of our first university customers in 2016

we-offer-premium-services-for-e-sports-arenas-worldwide-3-6m-year

29. Start a remote software engineering business

Software engineering is one of the most lucrative careers for work-at-home enthusiasts. Software engineers can work from anywhere and accomplish project goals as long as they have the right skills and the right equipment.

Demand for software engineering has been rising for quite some time now, and there are no signs of stopping. Experts project software developers' employment rate to shoot by over 20% in the next few years. If you have software engineering skills and are passionate about working from home, there is no suitable time to start your business like now. A software engineering business begins with completing a relevant programming course and building some projects. Hence, you gain the skills and experience required to become a software engineer.

You can start your own software building company targeting companies, startups, or even individuals.

30. Start a graphic design app ($7.08K/month)

A graphic design application is a SaaS application that allows users create online graphics. Examples of graphic design applications include Snappa, adobe Photoshop, and GIMP.

Modern businesses need digital branding, holograms, and poster designs, to maximize the customer reach abilities. Therefore, graphic designers are becoming the most in-demand professionals.

The high demand is a good basis for choosing graphic design applications as one of the best app business ideas in 2022. Before you kick start the graphics design app business idea, here are technical skills you may consider:

  • Design principles
  • Idea generation
  • Branding skills
  • Typography
  • Print designing
  • UX and UI Design

While coding skills and cross-platform development skills are important to start developing applications, you can hire developers online.

How Much Can You Make?
$100 — $15,000/month
Average Initial Investment
$12,575
Skills

Case Study

Hey there! My name is Christopher Gimmer and I’m the co-founder of Snappa - a SaaS app that helps non-designer create online graphics in a snap. We make it super easy to create graphics for social media, ads, blogs, and more!

how-two-friends-bootstrapped-a-saas-business-to-55k-mrr

31. Become a virtual assistant ($400K/month)

Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As businesses these days tend to outsource their tasks, the demand for virtual assistants is growing rapidly.

Becoming a virtual assistant is flexible, as you can choose a work schedule and location at your convenience. Many virtual assistants have a dedicated home office where they work in a quiet and distraction-free environment.

To become a virtual assistant, identify a niche you like and undertake any training. Then, figure out how much to charge your customers and create an online presence where you can apply for jobs. As a virtual assistant, you can define your work schedule depending on your availability.

How Much Can You Make?
$1,000 — $850,000/month
Average Initial Investment
$4,289
Time To Revenue
180 days
Skills
Business model

Case Study

Hi, I am Julmar Grace Locsin, and I am the owner and co-founder of Filipino Virtual Assistance by FVA Business Consultancy. FVA offers online and offline training, coaching, consulting, workshops, services, franchising-related virtual assistance, offshoring, outsourcing, and remote work for brands and businesses, here and abroad.

Our very mission is to equip freelancers, empower marketers, and enable businesses. We envision FVA for global digital leadership that will impact the world through digitalization, one life at a time. FVA has three arms, namely FVA Online Academy- have trained 25,000 students from our 31 courses, FVA Services- from training to hiring programs, and FVA Franchising with 16 Coaches assigned from different territories. And we are fifteen in the FVA team, including FVA co-founder Jay Locsin and me.

on-starting-a-business-training-virtual-assistants

32. Start a roof inspection business

A roof inspection business involves evaluating the condition and integrity of a roof on a residential or commercial property. This business can be started by someone with knowledge and experience in roofing or by partnering with a licensed roofing contractor.

During a roof inspection, the business owner will examine the roof for any signs of damage, such as missing or broken shingles, leaks, or structural issues. They will also check for proper ventilation and drainage to ensure the roof is functioning properly. Once the inspection is complete, the business owner will provide a report to the property owner outlining any necessary repairs or replacements.

To run a successful roof inspection business, it is essential to thoroughly understand different types of roofing materials and their associated lifespan. It is also essential to have strong communication skills, as communicating the findings of an inspection and providing recommendations to clients is a crucial aspect of the business.

To stay competitive in the market, one must continuously educate oneself on industry standards and advancements in roofing technology. It is also helpful to offer additional services, such as repair or maintenance, to provide clients with a full range of options. Marketing efforts, such as developing a website and utilizing social media, can also help to attract new clients.

33. Start a bookkeeping business

A bookkeeping business keeps track of monies coming into and out of business and maintains an accurate financial record, as per the International Association of Bookkeepers.

As a bookkeeping business, your role is to help small and medium-sized enterprises in the:

  • Preparing their year-end tax and VAT returns
  • Keeping on top of day-to-day cash flow
  • Running finances efficiently

To become a bookkeeper, you must be accurate in your work and understand financial topics well.

More business ideas

  • 34. Start a pet training business
  • 35. Start a kennels business

36. Start a home inspections business

Starting a home inspection business can be a lucrative opportunity for entrepreneurs with a background in construction or engineering.

The business involves conducting thorough inspections of homes, typically before they are put on the market or before a potential buyer makes a purchase.

To start a home inspection business, you’ll need to become certified by a professional organization such as the American Society of Home Inspectors (ASHI). This typically involves completing a course and passing an exam. In addition, you’ll need to obtain liability insurance to protect your business from potential claims.

To conduct inspections, you’ll need to thoroughly understand a home’s various systems and components, including electrical, plumbing, heating and cooling, roofing, and foundation.

You’ll also need to be able to identify potential issues and provide recommendations for repairs or upgrades.

Running a successful home inspection business requires strong communication skills, attention to detail, and the ability to work independently. You’ll need to be able to provide clear and concise reports to clients, including photographs and detailed descriptions of any issues or concerns.

To market your business, you can reach out to local real estate agents and offer your services to them. You can also create a website and social media presence to showcase your services and attract potential clients.

With hard work and dedication, starting a home inspection business can be a rewarding opportunity for those passionate about construction and helping people make informed decisions about their home purchases.

More business ideas

  • 37. Start an electrician business

38. Start a welding business

Welding is a business idea that involves using high heat to join metal pieces together. Welding is often done in the construction, manufacturing, and repair industries but can also be done for artistic projects and custom creations.

To start a welding business, you must have some welding experience and potentially obtain a welding certification. You will also need to invest in welding equipment, including a welding machine, helmet, gloves, and protective clothing.

A successful welding business requires attention to detail, safety, and a strong work ethic. It is essential to have a good understanding of different welding techniques and the properties of various metals. Having a diverse set of skills and being able to take on a variety of projects can also help to attract more customers.

Marketing and networking are also crucial to the success of a welding business. Reaching out to potential clients and showcasing your work through social media or a website can help to attract new business. Building relationships with other professionals in the industry can also lead to referrals and opportunities for collaboration.

Overall, a welding business can be a rewarding and lucrative venture for those with the skills and passion for working with metal.

More business ideas

  • 39. Start a school janitorial service
  • 40. Start a gourmet coffee kiosk business
  • 41. Start a hair lice removal business
  • 42. Start an online custom tailoring business
  • 43. Start a drone instruction business

44. Start a social media manager

How Much Can You Make?
$40,000 — $166,667/month
Skills

Case Study

Bohumil Pokstefl is the CEO & Co-founder At Kontentino, the most intuitive social media management tool for agencies and their clients.

As the Co-Owner of Kontentino, Bohumil Pokstefl ensures the team builds a valuable social media tool for marketing teams.

In 2016, he returned to his homeland, Slovakia, and took over Kontentino when it was the only MPV with few users.

Since taking over, Bohumil has built an amazing team and scaled Kontentino into the most human-friendly social media tool, used by 6,000 + ad agencies and brands worldwide.

Kontentino’s team innovates based on plenty of feedback generated from users daily. The team members prove concepts and ideas based on user feedback. In addition, their teams do not work in silos! The team members understand where the company is heading and its challenges.

Kontentino's Success Indicators:

  • 10% MRR comes from enterprise clients, and 90% is from SMB mid-market.
  • The company has built a large customer base in Central Europe through word of mouth.
  • Kontentino plans to increase revenue per acquisition to $350 per month.
  • 2.3M by the end of 2022 and hopes to reach $15 million in the next two years.
  • To grow much faster, the company is seeking strategic partners to help them tackle growth challenges.

article

More business ideas

  • 45. Start an information products creation business
Pat Walls,  Founder of Starter Story
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