64 Best Manufacturing Business Ideas To Start (2024)
Looking to start an innovative product line but not sure which manufacturing ideas to focus on?
The good news is, that there are endless manufacturing business ideas you can start today.
We researched the internet and found tons of small manufacturing business or b2b manufacturing business ideas for your consideration.
Here are some of the most profitable manufacturing business ideas you can start today!
1. Become a computer manufacturer
A computer manufacturer business involves designing, producing, and selling computers and computer hardware. This can include desktop computers, laptops, tablets, and even servers and other specialized equipment.
To start a computer manufacturer business, you will need a strong understanding of computer hardware and technology. This may include a degree in computer science or a related field, as well as experience in computer hardware design and production. You will also need a well-defined business plan, including a marketing strategy, a budget, and a plan for sourcing components and materials.
In addition to these technical skills and business planning, you will need to have strong communication and customer service skills. As a computer manufacturer, you will be interacting with both retail and wholesale customers, and will need to be able to clearly explain the features and benefits of your products.
The computer manufacturing industry is a large and growing market, with global revenue expected to reach $485 billion by 2024. In the United States alone, the computer and electronic product manufacturing industry employs over 800,000 people and generates over $300 billion in annual revenue. With the increasing reliance on technology in personal and professional settings, the demand for high-quality computers and computer hardware is expected to grow in the coming years.
To run a successful computer manufacturing business, it is important to stay up-to-date on the latest trends and technologies in the industry. This may involve attending conferences and trade shows, conducting market research, and continuously improving your products and processes.
By staying on the cutting edge of the industry and providing excellent customer service, you can build a successful and thriving computer manufacturer business.
How much you can make: $13,500,000/month
How long does it take to build: 45 days (?)
OWC Larry, founder and CEO of Other World Computing, shares how he started his business at a young age with just a credit card, now experiencing a solid year-over-year growth with a CAGR of 43.78% over the past 33 years.
2. Become a bicycle manufacturer
The global bicycle market will reach a CAGR of 8.2% in the next decade. Leisure needs, government initiatives, and increasing health consciousness among all ages are reasons bicycles have become a popular transportation method. Experts expect that that industry will continue growing at a significant rate globally.
Starting a bicycle manufacturing business can be rewarding and profitable. To start a bicycle business, consider your target market and research the competition. Narrow down the niche, create a website, and market your business.
How much you can make: $1,000,000/month
How long does it take to build: 1230 days (?)
Yuba Group has pioneered the field of an entirely new segment in the cargo bicycle industry, with a 15-year-old company that has put over 50,000 cargo bicycles on the road, becoming a $15M company.
3. Become a countertop manufacturer
Countertops are challenging to build. More importantly, they are substantial and a must-have for households. Building countertops requires expert experience, planning, and equipment. In most cases, homeowners want custom and trendy countertops.
Other than manufacturing, countertop companies can also earn money from the installation fees, repair, and replacement of countertops. To become a countertop manufacturer, you need experience cutting, polishing, and installing granite.
How much you can make: $1,100,000/month
How long does it take to build: 1000 days (?)
Concrete Countertop Solutions, a small but dedicated team that has grown from an idea to over $12M in revenue in 10 years, has succeeded by expanding into the swimming pool industry and investing in advertising, with their instructional videos and targeted social media campaigns contributing to their accelerated growth.
4. Start a nanobrewery or micro brewery
A nano brewery is a brewpub that produces less than 15,000 barrels of beer annually and sells at least 75% of its beer off-site. Running a nano-brewery can be profitable if you understand how to brew high-quality beer.
To start a nano brewery, check your local laws and research if you have a good customer base. It would help if you also learned how to operate a brewery professionally because poorly brewed beer will ruin your business.
How much you can make: $56,000/month
How long does it take to build: 365 days (?)
Croatian craft brewery Varionica shares how they started with only 22 kegs and an old Opel Astra, grew to produce roughly 40,000 liters of beer per month, and expanded successfully during the pandemic through an online shop and retail store partnerships.
5. Become a chocolate maker
Rarely do you come across someone who does not love chocolate. That’s good reason to start a chocolate making business!
According to statistics, the global chocolate market size is expected to grow at a CAGR rate of 4.6%.
Starting a chocolate business can yield profits in any part of the world. However, to achieve the high profit margins, you ought to make chocolate with quality ingredients. Then, create a niche with a unique selling proposition.
How much you can make: $12,000 — $4,500,000/month
Rescue Chocolate is an NYC-based vegan, organic and fair-traded chocolate company that donates profits to animal rescue organizations and has partnered with hundreds of fundraising groups in 8 years.
6. Become a candle manufacturer
Candle manufacturing is one of the best small business ideas you can start from home. Making candles comes with a low startup cost and does not require much equipment. If you plan to start a candle manufacturing business, hone your craft and get comfortable with the candle-making process.
How much you can make: $4,000 — $1,000,000/month
How much does it cost to start: $5,200 (?)
How long does it take to build: 90 days (?)
Wax & Wick is a 100% soy candle company with wood wicks, that creates environmentally-friendly products; starting off making $1,000 a month in 2015, they brought in about $20,000 per month during Q3 2017 and plan to add ten new scents and a premium sized jar for 2018's $50,000 per month goal.
7. Start a clothes business
Starting a clothing manufacturing business can be a lucrative and great opportunity. In fact, clothing manufacturing is expected to grow due to increase demand for quality clothing items around the world.
It's important that you first determine your niche in the clothing manufacturing world, whether that be streetwear clothing, fitness and athletic, or leisure.
How much you can make: $5,000 — $9,975,000/month
How long does it take to build: 120 days (?)
Bryden is a clothing manufacturing agency that offers an end-to-end service to fashion brands all over the world, serving customers in over 20 countries and bringing in an average monthly revenue of $74,000 within just a few years of launching.
8. Start a furniture business
The furniture industry involves designing, manufacturing, and selling various types of furniture for household and commercial purposes. With the increase in flexible workspaces and the real estate industry’s growth, the furniture business’s demand is boosted.
The furniture business is easy to start and does not require high investments. However, it is first essential to know your niche, for example, office, domestic, home furniture, and luxury items.
The furniture business needs a lot of preparation and prior knowledge. Taking business classes, learning about your local market, and making a solid business plan is advisable. In general, if your products are unique and one of a kind, consumers will be willing to pay a higher, including the shipping cost.
How much you can make: $1,700 — $999,999/month
How long does it take to build: 120 days (?)
Sasha Weekes, owner of Timber Grove Studios, turned her fine arts and cabinetmaking education into a successful home-based woodworking business that grew from a side project to netting 20-50% profits month-to-month and up to $10,000 in sales during peak periods through Etsy, with her company's growth continuing to increase through other social media outlets.
9. Start an oil production business
The oil manufacturing business is highly profitable small scale business and can be started with little money. Oil is used for various purposes like cooking, manufacturing soaps, cosmetics & hair products.
Oil can either be produced at home or in manufacturing units depending on the scale you want. The most important aspect is maintaining consistency in quality & hygiene standards. If that is maintained then you can easily create your own brand of oils & even start exporting.
How much you can make: $29,000/month
How much does it cost to start: $4,970 (?)
How long does it take to build: 60 days (?)
Thulisa Naturals founder, Anusha Moodley, shares the journey of building her natural bath and body product company, which boasts a 25% post-tax profit after generating $29k in monthly revenue and expanding into 123 retail stores across the US.
10. Become a bags manufacturer
Starting a bag making business is one of the most profitable and easiest industries to start your business. You can choose to manufacture bags of multiple materials. One of the categories gaining prominence is eco-friendly bags. With the rising toxicity and pollution levels in the environment, eco-friendly products have become the need of the hour. Consumers are shifting away from plastic bags and looking for alternative materials.
You can produce loads of alternatives from plastic bags like- Paper, Jute, and canvas clothes which are much more durable.
How much you can make: $833,333 — $2,000,000/month
Linjer, a sustainable jewelry, luggage and watch brand, founded by Jennifer Chong & Roman Khan, generated $10 million in revenue in just three years and has plans to expand via influencer marketing, pop-ups, new product markets & wholesale partners.
11. Start a toy manufacturing
Toys are an integral part of childhood. The toy market is expected to reach $103.8 billion by 2027. So if you are looking for manufacturing business ideas to start on your own, entering the toys industry could be a great start.
Before getting started, you want to choose a niche, there are various types of toys available in the market. You can start by making : Educational toys, Soft toys, Outdoor toys, creative toys, electronic toys, arcade games etc.
How much does it cost to start: $20 (?)
How long does it take to build: 1 days (?)
12. Start a paper manufacturer
Numerous businesses mesh well with the typical small business model of low overhead, low inventory, and low to moderate output. A paper manufacturing business is one such type of enterprise. There is a built-in marketplace for your product with little work involved in marketing. Paper is one of the most widely used materials with a wide range of applications in our day-to-day life. It also finds applications across industries such as packaging, publishing, etc.
Some popular paper products manufacturing business ideas include tissue paper manufacturing, kraft paper manufacturing, stone paper manufacturing, thermal paper manufacturing, butter paper manufacturing, art paper manufacturing, seed paper manufacturing, notebook manufacturing, and many more.
13. Start a healthy snack food business
Businesses with healthy snacks are becoming increasingly popular. This is because people are becoming more conscious of what they eat and the ingredients used in their food products.
Compared to a few decades ago, more people value health over anything else. A tasty snack food business can be a great way to turn your passion for snacking into profit.
The global healthy snacks market is expected to reach $152B by 2030, and there’s no sign of this slowing down. Healthy snacks can include anything from protein bars to gluten/dairy-free alternatives to chips, cookies, crackers, and more.
How much you can make: $15,000 — $3,000,000/month
How long does it take to build: 270 days (?)
Neuro co-founders Kent Yoshimura and Ryan Chen developed their functional gum and mint products to offer a portable, healthy, and efficient alternative to energy drinks and supplements, hitting 12M pieces sold and generating ~$500k in monthly revenue with over 25% repeat customer rate and retail presence in over 6,500 locations including 5,000 CVS stores.
14. Start a fitness equipment manufacturer
Are you searching for a new business opportunity that will enable you to utilize your design and construction skills? Perhaps you should consider starting a business that manufactures fitness equipment. The main requirements for succeeding in this manufacturing business are a well-equipped workshop, design and construction experience, and good marketing skills.
The fitness equipment manufactured can include weight benches, weight stands, and squat stands, just to mention a few. Once the fitness equipment is constructed, selling can be wholesale to national and specialty retailers or directly to the public via a factory direct showroom or the Internet.
How much you can make: $240,000 — $771,000/month
How long does it take to build: 120 days (?)
Ironmaster, a multi-million dollar company, manufactures and sells their brand of home gym fitness equipment domestically and in over 20 international markets, with their top-selling product being a patented adjustable dumbbell system called Quick-Lock Dumbbells, providing quality strength training gear for individuals who want to have their gym at home.
15. Become a laundry detergent manufacturer
Starting a detergent powder or synthetic washing powder business is one of the most feasible business options owing to the straightforward manufacturing process involved. Detergent powder market is one segment of the FMCG market in the world with significant growth potential. Being a consumer good, people use it on a daily basis for clothes, hand wash, and kitchen utensils, and its demand is found in the market all through the year. Moreover, an entrepreneur can initiate a detergent manufacturing business with moderate capital investment.
How much you can make: $20,000/month
How long does it take to build: 1095 days (?)
Dirty Labs, a cleaning innovation lab founded by CEO David Watkins, introduces a line of laundry detergents that solve the cleaning trilemma, being safe, sustainable, and effective, achieving the goal with formulations that leverage nature-inspired green chemistry and earning $240k annually from the direct-to-consumer distribution.
16. Start a bread bakery
You’ve heard the term “breadwinner”, but did you know there is a growing market to bake bread, which could potentially make you a “breadmaker?” If you love baking but want to make extra money, consider a bread making business. The industry is flourishing and has tons of growing potential. On average, the typical U.S. resident consumes 37.4 pounds of bread annually. It is a small scale manufacturing business that can be started with little investment & from the comfort of your home.
17. Start a leather business
How much you can make: $1,000 — $200,000/month
How much does it cost to start: $2,600 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 10 hours/week
Jacques Flynn founded the leather goods company, JAQET, with $500, producing meticulously handcrafted wallets and card holders which are now sold in boutiques globally, with Shopify as the platform.
18. Start a sunglasses business
How much you can make: $14,000 — $500,000/month
How long does it take to build: 75 days (?)
Woodies, a wood sunglasses brand founded by Cory Stout, reached over $3.5M in revenue in 2018, despite starting with only $15K from a failed business and has succeeded through Amazon sales, spending $50K monthly on PPC and keeping ACOS at 30%.
19. Start a natural beauty product business
Natural beauty products include aloe vera, honey, or cocoa butter. They contain no chemical or synthetic elements.
The global natural skin care products market size was valued at $6.7 billion in 2021.
Thinking about launching a beauty product line? What’s holding you back? Check out our case studies below to see how others have done it!
How much you can make: $300 — $325,000/month
How long does it take to build: 227 days (?)
A mother-of-two started a $5k/month skincare business after experimenting with beeswax and honey to create luxurious all-natural products, growing her business to attain over $7,500 in sales per month via multiple sales streams, including $4,000 per month at markets.
20. Start a phone case business
With the number of mobile phone users increasing, there are opportunities for accessory makers such as phone case manufacturers to make a profit. Building a business around making and selling phone cases is relatively easier to produce. You can print labels on-demand, starting with a lower risk, or buy them in bulk and sell them online.
The global mobile phone protective cover market is expected to reach 75.62 billion in the next few years.
Phone protective covers often make a statement and reflect a person’s social and cultural preferences. Phone case manufacturers take advantage of such considerations and keep their products relevant and up-to-date to attract a more extensive customer base.
Remember, as with any industry with a low entry barrier, there will be competition. Therefore, you must study customers’ tastes and preferences and offer customized phone cases.
How much you can make: $120,000 — $125,000/month
How long does it take to build: 90 days (?)
Felony Case, a Toronto-based company designing unique iPhone cases, started as a small shop on Etsy and has grown to become an internationally recognized fashion iPhone case brand sold in top tier retailers like Nordstrom, Holt Renfrew, Indigo, Urban Outfitters, Revolve, Free People, and made over half a million dollars in revenue last year.
21. Start a woodworking business
While many see woodworking as a hobby to pass the time, it is a profitable blue-collar business with growth potential. If you are skilled, passionate, and looking for a blue-collar side hustle, consider starting a woodworking business.
Starting a woodworking business allows you to work from home. Besides, you can scale the business easily and enjoy unlimited earning potential. Some opportunities you can go for include building custom wood pieces, teaching others about woodworking, starting a woodworking blog, and flip furniture.
How much you can make: $1,000 — $1,600,000/month
How long does it take to build: 204 days (?)
Time commitment per week: Min. 5 hours/week
Sasha Weekes, owner of Timber Grove Studios, turned her fine arts and cabinetmaking education into a successful home-based woodworking business that grew from a side project to netting 20-50% profits month-to-month and up to $10,000 in sales during peak periods through Etsy, with her company's growth continuing to increase through other social media outlets.
22. Become a nuts and bolts manufacturer
Nuts and Bolts Manufacturing Business is a huge sector of the USA manufacturing economy. The importance of nuts and bolts manufacturing can not be overstated as every machine tool, appliance, and vehicle that we interact with within our everyday lives uses these tiny parts on a daily basis.
Nuts and bolts are small metal pieces that are used in a variety of applications. They are typically small enough to be held with one hand, but they can also be used as fasteners.
The use of nuts and bolts is not limited to construction. In fact, the automotive industry relies on them for the production of cars, trucks, and other vehicles. The military also uses them for equipment such as tanks and other armored vehicles.
23. Start a locksmith business
Locksmith businesses make and install locking systems on residential, commercial, or automobiles. The global demand for locksmiths.
The increasing demand is driven by growing residential and commercial construction markets and disposable income per household.
Therefore, starting a locksmith business can be rewarding and profitable. To start the locksmith business, undertake the necessary locksmith training and acquire a locksmith’s license and permit. To provide quality services, you will need state-of-the-art locksmith tools and equipment.
24. Start a kitchen utensils business
The demand for kitchen utensils is and will be evergreen. With some capital and a planned distribution channel, starting such a business does not have to be daunting.
As you source or manufacture the utensils you want to sell, decide on your selling channels, whether through door-to-door sales, wholesale, or an online store. Set competitive prices and aim to meet a niche demand whether for a certain utensil or in a certain geographical location.
Balancing quality, affordability, and customer satisfaction will be key to the success in this business.
How much you can make: $18,000 — $78,000/month
How long does it take to build: 180 days (?)
Aerospace engineer Michael Chou created the Midnight Scoop, designed to help you scoop hard ice cream by eliminating the need for a wrist-prying motion, with the product going from zero sales to $18k per month after the first month upon release.
25. Become a washing machine manufacturer
The global washing machine market size is projected to grow to 80.24 billion over the next few years at a CAGR of 5.5% in the same period.
The market growth is because consumers have become inclined toward automated household chores and the products ability to save time, eliminate physical effort, and reduce drying time, especially in winter.
You can start the laundry machine manufacturing business as a proprietorship or a partnership enterprise.
How much you can make: $708,333/month
How long does it take to build: 180 days (?)
This case study follows the story of a couple who bought a profitable but limited manufacturing company for $535,000, revamped it, and took it in a new direction to grow their annual revenues to approximately $10,000,000 by developing ultrasonic equipment that addressed industrial cleaning using water-based detergents instead of environmentally toxic solvents.
26. Start a boat propeller business
A propeller serves as the boat’s drive train and is a vital link between your boat and the water. Boat proper business focuses on selling new propellers to boat manufacturers and boat technicians or repairing damaged boat propellers.
If starting a boat propeller business, do proper research, so you find where customers are and who they are. Then, pitch them and focus on producing high-quality propellers.
27. Become a wig manufacturer
How much you can make: $500,000/month
This case study explores how Vivian Kaye grew KinkyCurlyYaki to $6 million in sales without paid advertising through offering a collection of 100% virgin human hair available in 6 textures and a wide range of coverage options.
28. Start a candy making business
You will need a few essential ingredients and equipment to start a candy-making business. These include sugar, corn syrup, food coloring, flavoring extracts, and tools like a candy thermometer and a silicone candy mold. You will also need a kitchen or workspace to prepare and store candy.
To operate your candy-making business, you must develop various tasty candy recipes. The candy may require trial and error, as well as research on popular flavors and techniques. Once you have a solid selection of recipes, you can start taking orders from customers and creating candy to their specifications.
To market your candy-making business, you can set up an online store or sell your products at local markets and events. You can also consider partnering with local companies, such as coffee shops or gift stores, to sell your candy on their premises.
Starting a candy-making business requires creativity, dedication, and attention to detail. With suitable recipes and marketing strategies, you can turn your love of candy into a successful and sweet business!
How much you can make: $3,000/month
How long does it take to build: 450 days (?)
Brandon Nolte, the co-founder of Stello, a stress diffusing mint company, shares his journey of launching a new company after +8 years and +$10 million in sales in the CBD space, including the challenges and opportunities of product development, branding, and marketing strategies in the CBD industry.
29. Start a hair products manufacturer
How much you can make: $500,000/month
This case study explores how Vivian Kaye grew KinkyCurlyYaki to $6 million in sales without paid advertising through offering a collection of 100% virgin human hair available in 6 textures and a wide range of coverage options.
30. Start a fishing vessels and boats production
The increased demand for fishing equipment in fishery technology will boost the global fishing vessel market. You can consider starting a fishing vessel production business if you have relevant training in machinery operation and maintenance. Your customers will be emerging and existing fishermen.
31. Become a toothpaste manufacturer
Toothpaste is one of the high on-demand dental products. If you have worked at a toothpaste manufacturing plant or understand how its production is done, you can start your business. Remember, the toothpaste market is not price-sensitive, and brand loyalty plays an important role. Therefore, ensure high-quality toothpaste to keep customers coming back to your business.
32. Start a sauce and ketchup business
Ketchup is used primarily in commercial fast-food shops, but its demand is increasing at the household level. The demand for ketchup is supported by the significant growth in the food and beverage industry.
How much you can make: $2,250 — $12,500,000/month
How long does it take to build: 86 days (?)
Trini Pepper Sauce co-founder and co-owner, Mustafa Mannan, shares how he successfully imported and manufactured his family's unique pepper sauce recipe and launched it through a Kickstarter campaign, now selling an average of $3,000/month in revenue.
34. Become a watch maker
Step into a world where time is literally in your hands. Embrace the intricate art of watchmaking, crafting timepieces that combine intricate mechanics with timeless aesthetics. This unique business opportunity calls to those with a love of design, precision, and the ability to create enduring pieces of functional art.
The world of horology - the study of time and the art of watch making - is rooted deeply in history, tradition and an appreciation for craftsmanship. As a watchmaker, you would be entering a specialized industry where your creations can command significant prices, depending on your skill and creativity.
Beginning your journey into watchmaking does demand an investment of time and resources into learning this skilled craft. Watchmaking schools or courses can provide you with the technical knowledge required, and joining a watchmaking network or association could offer invaluable guidance and support.
Finding a niche for your work can add an extra edge to your endeavour. It could be creating eco-friendly watches, watches with innovative designs or reinvigorating cherished antique timepieces.
Lastly, this venture can be both fulfilling and profitable for those with a keen eye for detail, patience, and a deep appreciation for the blending of engineering and art. Align the gears of your ambition, and let the hands of time lead you to success in the watchmaking industry.
How much you can make: $1,500/month
How long does it take to build: 365 days (?)
Article Sources:
- Manufacturing Industry Statistics at NIST.gov
- Quarterly Report on Manufacturing at UNIDO.org
- United States Manufacturing Statistics at NAM.org
- Manufacturing: NAICS 31-33 at BLS.org
- Manufacturing, value added (% of GDP) at WorldBank.org
35. Become a camera manufacturer
Imagine capturing the world's most intimate moments, not behind the lens, but by making the lens. This is the delightful reality you step into when you decide to start your own camera manufacturing business.
The thriving photography and cinematography industries combined with the increasing demand for high-quality imaging devices create an opportune space for camera manufacturers. You would be at the helm of innovation, designing and assembling various types of cameras tailored for diverse uses from professional photography and filmmaking to surveillance and scientific research.
Ever-growing technology fosters an exciting landscape where new ideas can sprout, making this venture quite promising. Establishing reliable partnerships with distributors and consistently striving for technological advancements are fundamentally vital for success in this arena.
Being a camera manufacturer means furnishing artists and observers with a tool to freeze time. If you rise to this challenge, you could provide the world with its next window into captivating stories and moments.
How much you can make: $1,000,000/month
Wyze Labs' CEO and founding members, who met while working at Amazon, have successfully launched their first product, a smart home camera, in October 2017, selling over 300k units within the first six months, using a direct-to-consumer low margin, high volume model along with their strong relationships with suppliers in China.
36. Become a manufacturing cake molds
37. Become a cookie cutter manufacturer
38. Become a window manufacturer
The window manufacturer's business idea involves the production and sale of windows or its accessories for both residential and commercial uses. To run this business, you will need a production facility with the necessary equipment and materials for the product manufacturing. This can include a saw for cutting wood or aluminum, a CNC router for shaping, and various other machines and tools. You will also need a team of skilled workers to handle the production process.
In addition to production, you will also need a sales and marketing team to generate leads and close deals with customers. This may include creating a website, attending trade shows, and building relationships with contractors and other industry professionals.
One of the benefits of running a window manufacturer business is the potential for high profits. Windows are a necessary component of any building, and demand for them is consistently high. Additionally, as a manufacturer, you can offer custom window solutions to meet the specific needs of your customers.
How much you can make: $325,000/month
Scrubbleblade is a windshield wiper company that sells #1 in the H.D. trucking industry and was awarded wiper blade of the year by Frost & Sullivan in 2018; they focus on a specific target customer while offering subscriptions and utilizing social media.
39. Become a medical equipment manufacturer
How much you can make: $258,333/month
How long does it take to build: 600 days (?)
Unlimited Tomorrow's TrueLimb is an affordable bionic arm for amputees, with $1.6 million raised in 2018 to fund production, costing $7,995 with upcycling component replacements available for about $4,000.
40. Become a security gadget manufacturer
Starting a security gadget manufacturing business can be a lucrative and fulfilling venture for those interested in the security industry. This business involves designing, producing, and distributing security gadgets such as surveillance cameras, alarm systems, and biometric scanners.
To successfully start and run this type of business, you will need a combination of technical expertise and business acumen. You should have a strong understanding of how security gadgets work and the latest technologies in the industry. Additionally, you should be skilled in product development, manufacturing processes, and marketing and sales strategies.
In terms of starting the business, you will need to secure funding through loans or investors to cover the costs of research and development, production equipment, and marketing efforts. You will also need to set up a production facility by leasing or purchasing a space and hire a team of professionals to help design and manufacture the products.
To run a business successfully, it is important to have a clear vision and mission statement that guides your business decisions. You should also have strong leadership skills and be able to delegate tasks effectively to your team. A solid marketing and sales plan is also crucial to generating leads and increasing customer awareness of your products.
Starting a security gadget manufacturing business requires dedication, expertise, and strong business skills. With the right combination of these factors, you can create a successful and sustainable business in the security industry.
41. Become an organic fertilizer producer
Fertilizers are an important addition to the soil as they replace the nutrients resulting in higher crop productivity. Without fertilizers, crop yields and agricultural productivity would be significantly reduced.
According to statistics, the global demand for fertilizer is expected to reach over 200 million metric tons. The increased demand is due to increased crop production to feed the growing population.
Therefore, starting a fertilizer production business can be a great venture.
42. Start an embroidery machine manufacturer
The embroidery machine manufacturer business idea involves producing and selling embroidery machines for various industries such as fashion, home decor, and advertising. These machines are used to embroider designs onto various materials, including fabric, leather, and plastic.
To run this business, you will need a team of experienced engineers and technicians who can design and manufacture the embroidery machines. You will also need a sales and marketing team to promote your products and generate leads. Additionally, you may need a warehouse and logistics team to manage the storage and distribution of your machines.
One of the benefits of running this business is that there is a high demand for embroidery machines in various industries so you can tap into a broad customer base. You can also diversify your product offerings by offering different types of embroidery machines for different needs and budgets. You can also earn a high-profit margin on each machine you sell.
Running an embroidery machine manufacturer business can be a challenging and rewarding venture. It requires careful planning, strong management skills, and a keen market understanding. However, with the right team and strategy, you can build a successful and profitable business that meets your customers’ needs.
43. Start an air freshener producer
44. Start a golf club manufacturer
45. Start an insecticide producer
46. Start a cloth diaper business
47. Become a snowboard manufacturer
Snowboarding is a fun-filled winter outdoor activity. Every year, thousands of snowboarding aficionados travel to snow-covered surfaces for snowboarding. The recreational and competitive winter sports activity has created a lucrative business opportunity for snowboard manufacturers.
48. Start a plastic container manufacturer
49. Become a chalk manufacturer
50. Start a canned goods making business
51. Become a belt manufacturer
52. Become an electrical fittings producer
53. Become a ceramic tile manufacturer
Starting a ceramic tile manufacturing business can be a lucrative and rewarding venture. This business involves creating and producing high-quality ceramic tiles for use in various applications, including flooring, backsplashes, and wall tiling. To get started in this industry, you will need a solid business plan, a reliable source of raw materials, and a manufacturing facility equipped with the necessary equipment and machinery.
One of the first steps in becoming a ceramic tile manufacturer is to conduct market research to determine the demand for your products and identify potential customers. To create the ceramic tiles, you will also need to source and secure a reliable supply of raw materials, such as clay, silica, and feldspar.
You will need a production facility equipped with kilns, mills, and other specialized machinery to manufacture ceramic tiles. You will also need to hire skilled workers who are trained in the ceramic tile production process.
As you grow your business, you may also consider expanding your product line to include different sizes, shapes, and styles of ceramic tiles. This can help you appeal to a wider range of customers and increase your revenue.
To succeed in this business, it is important to have strong marketing and sales skills and a keen understanding of customer needs and preferences. By offering high-quality products and excellent customer service, you can build a strong reputation and establish your business as a leader in the ceramic tile industry.
54. Start a cement manufacturer
This is another business that a civil engineer can dabble into. Although starting this business may require a bit of capital, selling the cement would not be too difficult especially if your rates are highly competitive. Asides that, you can link up with other civil engineers and sell to them whenever they have projects to carry out.
The profitability of this business is quite high and you stand the chance of making lots of profit especially in areas where buildings are just beginning to spring up.
55. Become a drug manufacturer
56. Start a lattice manufacturer
57. Start an automotive parts manufacturing
58. Start a cotton buds business
Cotton buds are commonly used to clean the ear canals by removing earwax, applying and removal of makeup, and cleaning arts and craftwork.
Cotton bud business is one of the most profitable to start, and it is not difficult for any person who wants to get into entrepreneurship. One can launch a small-scale cotton bud manufacturing company and grow it by re-investing the profits.
59. Start a disposable plates and cups business
Nowadays, people are shifting towards disposable cutlery, not only as an affordable option but also as an eco-friendlier choice.
Disposable plates and cups are a single serving and can be recycled or disposed of easily. These eco-friendly plates and cups provide a more convenient option for serving eatables during events and parties.
Furthermore, experts estimate that demand for disposable cutlery will keep rising as people consistently adopt takeaway food chains, fast-food consumption, small commercial eateries, and even roadside food vendors.
With the need for disposable plates and cups set to increase, starting a business in this sector can be a lucrative opportunity. The opportunities in this industry range from manufacturing to wholesale to retail.
60. Start a salt production
Salt is essential in maintaining human health. According to statistics, about 90% of the world's population consumes salt.
With the population growth comes the demand for more salt supply. Therefore, starting a salt production business can be profitable.
Compared to other food supplies, salt processing is relatively inexpensive. If you want to start a salt processing business, do some market research and learn how to produce iodized salt.
To set up the salt processing plant, you must develop a business plan and arrange for funding.
61. Start a nail polish making business
A nail polish-making business involves creating and selling various shades and types of nail polish to consumers. This can include traditional polish, gel polish, and other nail color products.
To run a successful nail polish business, it is important to understand the market and what types of products are in demand. This may involve researching trends and popular shades and testing and experimenting with different formulas to find the perfect balance of quality and affordability.
In addition to creating the product, it is also essential to have a strong marketing and sales strategy in place. This may include creating a website and social media presence and working with retailers and distributors to get the product in front of a wider audience.
Other key factors for a successful nail polish business include maintaining high standards of cleanliness and safety in the production process, building strong relationships with suppliers and customers, and staying up-to-date with industry regulations and trends.
Starting a nail polish business can be a rewarding and profitable venture for entrepreneurs who are passionate about beauty and fashion and willing to put in the hard work and dedication required to succeed in this competitive market.
62. Start a vinegar production business
Vinegar is a popular household item with surprising benefits. Experts project that the global vinegar market will grow by a CAGR of 1.6% to reach $1.43 billion in a few years.
Therefore, starting a vinegar production company in 2024 could be a highly profitable business for you. To start the vinegar production plant, identify the source of raw materials and research the market potential. Map out your target customers and identify the competitors.
Focus on delivering quality products to the market and ensure a good marketing plan.
63. Start a food color manufacturer
64. Start a juice production business
Natural juice enhances energy levels, keeps the body hydrated, and improves metabolism. As more people become health-conscious, the demand for fresh juice has increased over the past years.
Therefore, starting a fresh juice bar can be a profitable business venture.
To start the juice business, you can source fruits from a farmer's market near you or grow fruits on your backyard farm. Alternatively, you can become a fresh juice distributor or enter a franchise agreement with an existing fresh juice company.
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- 4,818 founder case studies
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- 4,818 founder case studies
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- 8,628 business ideas
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- 4,818 founder case studies
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- 8,628 business ideas
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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
