Business Review Service

Business Idea: Start A Business Review Service in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$2.69M
Avg Startup Costs
$11.7K
Score
74
Market Size
Avg Revenue
Min Revenue
$3.8K/month
Max Revenue
$10M/month
Avg Days To Build
90 days

Consider starting a business review service if clear-cut evaluations intrigue you. This venture revolves around providing detailed, unbiased reviews of businesses for consumers.

Essentially, you would offer evaluations on various businesses, detailing their strengths, weaknesses, and overall service quality. These reviews can be published online or in local publications, helping consumers make informed decisions and improving the transparency of local markets.

Starting this business demands investigative skills, impartiality, and a good grasp of different industry standards. It's a service that appeals to many, fostering trust and reliability among consumers and businesses. With minimal initial investment but a requirement for thorough research and good writing skills, this idea offers both a connection to your community and a potential steady income stream.

Revenue & Profitability

How much do business review services make?

Startup Costs

How much does it cost to start a business review service?

  • It can cost as low as $5,000 to start a business review service.
  • It can cost as high as $1,200,000 to start a business review service.

Learn more about the costs of a business review service.

Examples Of Successful Business Review Services

Successful business review service businesses and case studies

Nextiva, an Arizona-based business communications company, has developed an all-in-one platform called NextOS, which offers CRM tools, team collaboration tools, and business communication tools, resulting in a significant shift in its business model, and has grown from just a few employees to over 1,000 spread around the world, entirely self-funded, and focused on providing amazing service to its customers.

$10M Monthly Revenue
Read by 7,022 founders

Assuras, a global management consulting firm that focuses on solving impactful challenges for growth-stage companies with 500-2000 employees, successfully tripled their market share in their initial two years from inception by building cross-functional, diverse teams that provide alternative ways of looking at problems and offering risk-free consulting and action plans with clients who commit to implementing their recommendations.

$433K Monthly Revenue
$1.2M Startup Costs
Read by 2,067 founders

See full list of successful business review services.