Many people are afraid to start a business due to unanticipated expenses.
You don't need to be broke when you start a business. There are many business opportunities that you can start for minimal start-up expenses and high profit potentials.
I have narrowed down 95 businesses that are promising and affordable for budding entrepreneurs.
I enjoy looking at business opportunities.
In 2015, I was able quit my job to start the lead generation company. The business is still growing in 2020. (Its def low cost & massive profit potential)
You want to learn as a beginner in business.
Seth Godin, marketing guru and best-selling author talks about the importance to fail small before you get into this list.
Personal Services
1. Concierge Service
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, marketing, computer, and vehicle with insurance
- Monthly On-going Costs: Phone, Marketing, Gas = $100-$500
- Potential for Profit: $48,000+ per year, approximately $25+ per Hour
Personal concierge/personal assistants help CEO's/business owners manage their day-today lives.
You can do everything from booking travel to setting up appointments and running miscellaneous errands.
Prices are completely up to you. Concierges can charge between $20 and $100 per hour.
These expenses include gas, maintenance and car insurance, website costs and self-employment taxes.
2. Personal chef
Costs & Profits
- Start-up costs: $500-$5,000
- Initial expenses: food, cooking tools, insurance, permits, marketing
- Monthly On-going Costs: Food supplies, phone, marketing and transportation = $400-$1,000
- Potential for Profit: $48,000+ per year, $25-$100 an hour
People who are passionate about cooking can start a business.
The best thing? The best part? It won't cost anything to get started.
Your client fees will reimburse you for food costs. Often, your client can use your kitchen and equipment to cook the meals.
Your business could be of interest to many sectors, including seniors, busy families with kids, corporate events, entrepreneurs, and others.
To get your business started, you will need to use social media platforms and online advertising.
3. Tour Guide Company
Costs & Profits
- Start-up Costs: Less than $2,000
- Initial expenses: marketing, insurance, permit, license
- Monthly On-going Costs: Phone, Marketing, Internet, Transportation = $200-$750
- Potential for Profit: $500-150 for half-day tours, $200+ full-day tours. Income depends on sales and tour prices.
The United States has a large portion of its GDP devoted to international travel. It is almost 2 Trillion Dollar industry.
Tourists who travel to America often spend money to get the "American experience" by visiting historical sites and taking guided tours.
Guided tours are a great way for people who live near major American cities to share their knowledge.
As I always say, niching down is the best way to go. Decide if you will offer wine tours, bike tours, beer tours or any other service that you believe will generate business.
4. Auto Repair
Costs & Profits
- Start-up costs: $5,000-$20,000
- Initial expenses: tools, marketing, insurance and vehicle licenses, permits, or licenses
- Monthly On-going Costs: Transportation, phone, marketing, tools = 200-$750
- Potential Profit: $75,000+ per year
Due to their convenience and accessibility, on-demand mobile services are gaining popularity.
Mobile mechanic services are for those who love working with cars.
You can set your own fees for the service you offer, as well as travel costs.
Customers can be met at their homes or workplaces. In an emergency, you may even meet them on the side of the road.
5. Decoration for the Home
Costs & Profits
- Start-up costs: $0-$1,000
- Initial expenses: Phone, marketing, computer and graphic design, photo editing software, gas and vehicle with insurance
- Monthly On-going Costs: Phone, Marketing, Internet, Gas, Monthly Subscriptions = $150-$500
- Profit Potential: $50-$75+ an Hour
Everybody has a vision for their ideal home.
People with a flair for modern design and style can help others realize their decorating dreams by opening a home decor business.
Your magic touch will make the kitchen, guest and living rooms stand out!
Your services can be offered locally or remotely from your home office.
6. Services for Organizations
Costs & Profits
- Start-up costs: $0-$2,000
- Initial expenses: phone, computer, insurance, transportation, & marketing
- Monthly On-going Costs: Marketing, telephone, transportation = $100-$500
- Potential for Profit: $38,500+ annually and $20+ per Hour
It is not easy to stay organized. Many people find that chaotic lives can lead to chaos in many areas.
A professional organization can make all the difference in an office, garage, or messy closet.
You don't even need to be a millionaire in order to make people happy. All you need is your marketing skills.
Even more research has shown that organizing space can help reduce stress, increase productivity, and motivate people.
7. Personal Stylist
Costs & Profits
- Start-up costs: $0-$2,000
- Initial expenses: phone, computer, insurance, transportation, & marketing
- Monthly On-going Costs: Marketing, telephone, internet, and transportation = $100-$500
- Potential for Profit: $25,000+ annually. $15-$100 per hour
Television personalities and business executives look great inside and out.
What is their secret?
A personal stylist who is knowledgeable about what they do.
Personal stylists plan the client's daily outfits taking into account season, trends and their personality.
They get to know their clients' tastes and work with them in settling on the final look.
To build your business, you can take on clients from different backgrounds and make a name for yourselves in the industry.
8. Car Detailing
Costs & Profits
- Start-up costs: $1,000-$10,000
- Initial expenses: tools, phone, supplies, insurance, marketing
- Monthly On-going Costs: Gas, Maintenance, Supplies, Marketing = $200-$500
- Potential for Profit: $40,000+ per year, $75-$250/session, income dependent on details prices and sales
Our vehicles are our transportation system.
People are avoiding buying new cars and instead preserving the ones they have.
Car detailing is an good business idea to get started.
There is no need to have a physical shopfront. You can provide mobile detailing services, and even travel to customers' homes or jobs.
9. Dog Walker
Costs & Profits
- Start-up costs: $150-$500
- Initial expenses: Phone, marketing, computer and dog walking supplies. Vehicle with insurance.
- Monthly On-going Costs: Phone, Marketing, Internet, Gas = $150-$300
- Profit Potential: $20,000+ per year, prices vary depending on services
According to statistics from Iii.org 63.4 million households in the United States own a pet dog. This number is expected to rise over time.
Pet owners lead busy lives full of work, children, and bills.
Dog owners often don't have the time or energy to take their dogs for a walk every day.
Do you love dogs and the great outdoors!
To take your dog on an adventurous hike, you don't need more than your legs. Start by offering your services to your local area.
10. Credit Repair Consultant
Costs & Profits
- Start-up costs: $0-$1,000
- Initial expenses: phone, computer, insurance, marketing
- Monthly On-going Costs: Phone, Internet, Marketing = $150-$400
- Potential Profit: $35,000+ per year
Credit is today everything.
Without having your credit history verified, you can't purchase a house, lease a vehicle, or get a job without it.
Many people don't know what factors make up their credit score, and are not educated on how to build a positive credit history.
Consumer debt can also affect credit scores. The United States has a record-breaking $13.86 billion of consumer debt.
Your potential clients will look to you for trust, so it is important that you demonstrate your expertise through social media and on your website.
11. Tailor/Alteration
Costs & Profits
- Start-up costs: $0-$2,000
- Initial expenses: sewing machine, supplies and tools, phone, marketing
- Monthly On-going Costs: Supplies, Equipment Maintenance, Marketing, Phone= $200-$750
- Potential Profit: $25,000+ per year
Are you viewed by your family and friends as the go-to person for any clothing repair?
You can turn your passion into a profitable business by offering on-demand tailoring services both locally and remotely.
Because there are no one-size-fits all options, it is important to make adjustments for dresses, blazers and tuxedos.
Your business can grow by offering additional services such as local pick-up or free shipping (included in your fees) to online customers.
Marketing
12. Digital Marketing
Costs & Profits
- Start-up costs: $100-$1,000
- Initial expenses: Phone, computer, software, subscriptions, marketing, business licence
- Monthly On-going Costs: Monthly Subscriptions, Phone, Internet, Marketing = $100-$500
- Potential Profit: $48,000+ per year, clients with monthly retainers ranging between $500-$2,500+
Digital marketers use the same power as social media marketing to generate leads, sales and data for customers.
This can be done with SEO, Google Ads, Facebook Ads, sales funnels and other avenues.
Software and advertising are required for start-up costs of ClickFunnels, SEO Tools, Website Hosting, and other services.
These minor expenses are negligible compared to the potential income from a full-scale digital marketing agency.
13. Social Media Marketing
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, computer, business licence, marketing, social media tools, and programs
- Monthly On-going Costs: Monthly Subscriptions, Internet, Phone, Marketing = $100-$500
- Potential profit: $38,500+ each year, clients usually on monthly retainers ranging between $500-$1,500 and hourly around $20+/hour
To maximize their income potential, businesses need to use social media for online marketing.
However, most business owners are already overwhelmed with all the logistics involved in running their businesses.
It takes effort to implement a social strategy that is effective.
A specialist in social media marketing is an asset that can be highly valued by most companies.
Social media management services typically charge monthly retainers that range from $500 to $2,500 per client.
If you have 5 clients, that's more than the average American.
14. Social Media Consulting
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, computer, business licence, marketing, social media tools, and programs
- Monthly On-going Costs: Internet, phone, and marketing subscriptions = $100-$500
- Potential for Profit: $48,000+ annually. Clients are typically billed by the hour, usually $25-$50+ per session
Social media marketing is slightly different from social media consulting. They analyze the social presence of clients and recommend strategies to help them reach their goals.
They are not responsible for the complete management of client platforms. Rather, they assist clients and monitor progress to make adjustments if necessary.
When it comes to customer engagement, leads, sales and other aspects of lead generation, a consistent and cohesive strategy is key.
15. Clickbank - Sell and promote digital products
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: computer, sales funnel subscription, marketing
- Monthly On-going Costs: Internet, Subscription, Marketing = $100-$500
- Potential Profit: $0-$10,000+ per month, income dependent on individual effort.
Digital products are amazing because you can create one product and make a lot of money for years to come without needing to keep inventory or modify anything else.
Clickbank can be a great platform for those who are just starting out and want to make a sale of their e-book, course or video.
Affiliate links can help you make money by promoting other products and earning a commission for each sale.
I have tried affiliate marketing and have been able to make extra income every month by using this business model.
ClickBank will charge you $49.95 to start making your money. This includes payment processing fees.
16. Copywriting
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses Computer, business license, software and programs, monthly subscriptions, marketing
- Monthly On-going Costs: Internet, Monthly Subscriptions, Marketing = $100-$500
- Potential for Profit: $58,000+ annually. Clients pay by retainer (varies), or an hourly rate of typically $30+ per hour.
This is the most lucrative field of writing that you can get into.
It takes talent, practice and a lot of knowledge in marketing and psychology.
Copywriting entails producing copy (or text) for marketing/advertising purposes.
These writers can be found in many industries. Their skillsets are extremely valuable for generating profit for the companies that they work with.
As Neville Medhora shows from the vast collection of income data he has gathered, salary earnings can fluctuate tremendously.
17. Content writing
Costs & Profits
- Start-up costs: $0-$500
- First expenses: computer and computer software programs, tools, marketing
- Monthly On-going Costs: Internet, Marketing, Monthly Subscriptions = $150-$500
- Potential Profit: $2,000+ Per Month
Blogs are available on just about anything nowadays, including how-to magic cards tricks and marriage advice.
If you are good at writing, you might be able to write content.
There are many opportunities for content writers, including writing short stories and long-form articles.
18. Copy Editor
Costs & Profits
- Start-up costs: $0-$500
- First expenses: computer and computer software programs, tools, marketing
- Monthly On-going Costs: Internet, Marketing, Monthly Subscriptions = $100-$500
- Profit Potential: $28+ Per Hour
Can you spot the msitakes in this sentence easily? Do grammar and punctuation hold a special place in your heart?
Businesses could benefit from your expertise in proofreading and reviewing copy to ensure it meets all standards.
Although you don't require formal education, many copy editors have gained experience as freelance copywriters or content writers before they can branch out.
Education
19. Online Course Creation
Costs & Profits
- Start-up costs: $200-$5,000
- Initial expenses: Computer, computer software, programs, marketing, recording equipment, and software
- Monthly On-going Costs: Marketing, Monthly Subscriptions, Internet = $100-$500
- Potential Profit: Launches at $0-$1M+, income based on individual efforts and sales
Do you have some knowledge that you would like to share?
A course could be the best thing for you if you have had success with one of your ventures.
Your biggest investment will be time, along with additional costs such as video/computer software and advertising.
There is a huge potential return on investment. Some people have earned $1,000,000 within one yearof starting their course.
20. Online music teacher
Costs & Profits
- Start-up costs: $0-$5,000
- First expenses: Computer, webcam, software and programs, marketing, instruments
- Monthly On-going Costs: Marketing, internet, monthly Subscriptions, Equipment Maintenance = $200-$1,000
- Potential Profit: $0-$10,000+ per month, income varies depending on lesson price and frequency
Music teachers have a lot of options!
You have many options when it comes to starting an online music lesson business. It won't cost a lot of money.
You can either create your own course, or you can use a website like Udemy and Skillshare for it to be published.
YouTube and social media are additional avenues for promotion and possibly monetization of your services. It is up to you to decide how much you charge students for lessons.
21. Consultant in College Planning
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: phone, computer, marketing, transportation
- Monthly On-going Costs: Phone, Internet, Marketing, Transportation = $150-$500
- Profit potential: $77,000+ each year, consultants charge between $40-$150+ an hour. Some consultants charge a flat fee for each session.
Parents scramble to ensure their children are well-prepared as secondary education has become the norm in America.
It can be hard to find tutoring, test preparation, college application workshops, or financial aid.
This role is closely associated with parents and students, either in person or via the internet. It guides them through each step and helps with understanding.
Consultants can recommend extracurriculars for students and help parents find financial aid resources.
22. Take the Test Prep
Costs & Profits
- Start-up costs: $750-$3,500
- Initial expenses: phone, marketing, computer, test prep materials
- Monthly On-going Costs: Phone, Internet, Marketing = $100-$500
- Potential for Profit: $58,000+ per year, $30-$100+ an hour
The SAT/ACT exam is one of the most important in a student's high school career.
It can often determine which college options are the most feasible based on the score.
Parents and students seek the best books and classes to prepare for these difficult tests.
You can share your knowledge via online or in-person classes if you are well-versed in the material.
23. Online English Tutor
Costs & Profits
- Start-up costs: $0-$1,000
- Initial expenses: Phone, computer, webcam and teaching materials. Marketing, supplies
- Monthly On-going Costs: Phone, Internet, Marketing, Supplies = $150-$500
- Potential for Profit: $38,500+ annually and $20+ per Hour
English is spoken widely, not only in the United States but worldwide.
China and other countries have shown a high level of interest in learning English, increasing the need for tutors online to help fill the gap.
This is an excellent opportunity for online tutoring platforms to offer customized webcam tutoring sessions to children and adults.
Online platforms for teaching children are in vogue right now. VIPKid is the frontrunner, raking in $3B in revenues.
Retail
24. Etsy Seller
Costs & Profits
- Starting costs: $100-$1,000, depending on the product you sell and how many you produce initially
- Initial expenses: supplies, computer, phone, marketing, Etsy listing fees
- Monthly On-going Costs: Supplies, phone, internet marketing, Etsy listing, transaction fees = $100-$500
- Potential Profit: $0-$10,000+ per month, income dependent on individual efforts as well as sales
Etsy is the best place to find handmade and handcrafted items, which include jewelry and monogrammed items.
Etsy is a great way to start a side business or full-time venture.
Although some sellers sell their items as a hobby or side hustle, others make six figures selling on Etsy.
Etsy is totally free with the exception of a $0.20 listing fee and a 5% transaction fee for their site .
25. Ecommerce Store
Costs & Profits
- Start-up costs: $50-$2,000
- Initial expenses: Phone, computer, marketing and ecommerce platform. Business and seller's licenses, inventory, packaging, shipping
- Monthly On-going Costs: Marketing, phone and internet, inventory, supplies, packaging, shipping = $150-$1,000
- Potential profit: $0-$10,000+ per month, income based on individual efforts and sales. Kylie Jenner's Shopify eCommerce store is worth almost $1B.
There's a high probability that someone will buy anything you sell online.
Although many people still prefer to shop in person, Digital Commerce 36060% found that millennials (ages 23 to 38) prefer to shop online.
This demographic is a prime target for products and services that can make huge profits.
With ad-spend, shipping and other costs included, you can open your store for as low as $20 per month.
26. Dropshipping
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, computer, ecommerce platform and computer software and programs. Testing products, marketing
- Monthly On-going Costs: Phone, internet, marketing and testing new products = $200-$1,000
- Potential Profit: $0-$10,000+ per month, income dependent on individual efforts and sales
A dropshipping store is a different model than traditional ecommerce stores. It has no overhead and doesn't usually have to pay shipping costs.
You receive the product from the customer. The wholesaler then ships it to you. Profitable.
Dropshipping is an attractive business model because of these factors.
This model can be used to sell almost anything. You can also ensure quality by choosing your wholesaler carefully.
Online marketing and social media play an important role in your marketing efforts. They also make up the majority of your initial investment.
Side note I started dropshipping because it was the best way to make money. In a single month, I increased the revenue from a shark oneies store by $48K.
But, I have since stopped dropshipping and here's how.
27. Recycle scrap metal
Costs & Profits
- Start-up costs: $500-$2,000
- Initial expenses: Phone, equipment, containers and vehicle. Storage, marketing
- Monthly On-going Costs: Phone, Equipment Maintenance, Gas, Marketing = $100-$500
- Potential Profit: $0-$10,000+ per month, profits vary depending on the type of metal
If you have a pickup truck, going to the scrapyard can be a profitable venture.
You can make quick and substantial profits if you are able to understand the metal market and find the best scrap yards, auto repair shops and demolition sites.
28. Storage Auction Reseller
Costs & Profits
- Start-up Cost: $50-$1,000+. There are so many unit sale prices, it's best not to budget for less.
- Initial expenses - Storage unit sale, vehicle with auto, garbage bags and gloves, gas
- Monthly On-going Costs: Gas, Storage Unit Sales = $500+
- Potential profit: $0-$10,000+ per month, income dependent on individual efforts and sales. Nearly every time reports a return of 100-600% on an investment!
The facility will wait until the owner of a storage unit defaults on payment before selling the contents to the public.
The auction is won by the highest bidder who becomes the proud new owner.
Because the going price is entirely determined by the crowd's interest, it makes it difficult to pinpoint expenses during the bidding process.
Many storage unit flippers report that they make up to 100-600% of their sales price, which is crazy for any business.
29. Online Reseller
Costs & Profits
- Start-up costs: $100-$750
- Initial expenses: Phone, computer, merchandise and website listing fees. Marketing, packaging, shipping
- Monthly On-going Costs: Phone, Internet, Listing Fees, Marketing, Packaging, Shipping = $100-$500
- Potential for Profit : $0-$10,000+ per month, income based on individual efforts and sales. earns approximately $100,000 annually. Natalie Gomez owns 2 successful reselling websites.
Clearance rack will be your best friend.
Online resellers are always looking for bargains, so they browse thrift stores, online shops, and even ecommerce websites for the most popular items.
Reselling on popular sites such as Amazon and eBay is easy with legitimate backing.
Amazon FBA can be a great way to resell your products and make serious money. You can find the best courses to help you start here.
There are many things you can sell. You can sell baby clothes, dog toys, and workout gear.
30. Mobile Retail Pop-up
Costs & Profits
- Start-up costs: $1,500-$10,000
- Initial expenses: rental space, gas, marketing, inventory, CC processing system
- Monthly On-going Costs: Rental costs, gas, inventory and marketing = $450-$1,000+
- Potential Profit: $0-$10,000+ per month, income varies depending on pop-up frequency or product sales
Offering another way to shop is a great way to increase your potential revenue and expand customer base.
Online shopping is very popular because of the ease with which people can browse and shop at their leisure.
You can take the shopping experience along with you to wherever your customers are spending their time (such as outdoor markets or shopping plazas).
A mobile retail pop up can be set up to sell clearance and thrift store items.
A van is not necessary right away. You can put up a tent or an outdoor pop-up until your business grows and you are ready to upgrade.
Step 1: Survey the Land (Niche Selection).
31. Meal Kit Delivery
The Solution:
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Costs & Profits
- Start-up costs: $500-$5,000
- Initial expenses: Phone, computer, marketing and online payment processor. Food supplies, equipment, packaging, shipping
- Monthly On-going Costs: Phone, internet, marketing and food supplies. Equipment maintenance. Packaging shipping = $350-$1,000+
- Potential profit: $0-$10,000+ per month, income based on total sales and meal kit prices. Blue Apron , a meal-kit giant, earned $668M in 2018 alone.
After a long day at the office, who doesn't crave a delicious home-cooked meal?
Everyone does, but not everyone has the time or foresight to cook a healthy meal while we are already exhausted.
Delivery services for meal kits offer convenience and consistency that busy customers require. They're also in high demand with the market expected increase to $11.6 billion in 2022.
You should narrow your target audience to decide which niche you will be targeting, whether that's low-carb or paleo, gourmet, vegan, vegetarian, vegan, or any other area.
Step 1: Survey the Land (Niche Selection).
32. Monthly Subscription Service
The Solution:
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Costs & Profits
- Start-up costs: $500-$5,000
- Initial expenses: computer and marketing, packaging, shipping products, business licenses, inventory
- Monthly On-going Costs: Marketing, Monthly Subscriptions, Payment and Accounting Software, Inventory = $250-$800
- Potential Profit: $0-$10,000+ per month, income based on individual efforts and sales. As an example, in 2019, the revenue of makeup subscription box ipsy was $500 million.
Consumers find it rewarding and satisfying to receive a new product every month by mail.
They're seriously obsessed with monthly subscriptions--Forbes calculated that the business model has seen an 890% growth since 2014.
Those numbers don't lie.
If you're interested in joining this rapidly growing industry, you can leave it up to your imagination.
Consumers love the surprise element of a new box, from yoga pants to makeup. Pick a niche, and go with it.
33. Home Bakery
The Solution:
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Costs & Profits
- Start-up costs: $500-$2,500
- Initial expenses: baking supplies, equipment, tools, packaging, labels, marketing, phone, computer, permit, license
- Monthly On-going Costs: Supplies, Equipment Maintenance, Packaging, Labels, Marketing, Phone, Internet = $350-$750
- Potential profit: $0-$10,000+ per month, income varies depending on type of baked goods, prices, and sales. Erin Baker's Wholesome Baker's Baked Goods went to and generated over $35M in 2019.
"You should definitely sell these in shops, they are delicious!"
Family members may be praising your baked goods.
There's a market for your specialty, whether it's brownies or cookies.
If you are an avid baker, most likely you already have the tools and equipment needed. The hard part is finding partnerships and events to sell your products.
The most profitable route is to explore niche markets. For example, producing vegan-friendly products and then sharing the 329% increase in popularity over the last year.
Step 1: Survey the Land (Niche Selection).
34. Food Cart
The Solution:
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Costs & Profits
- Start-up costs: $5,000-$15,000
- Initial expenses: phone, marketing, supplies, food, cart, equipment, permit
- Monthly On-going Costs: Phone, Marketing, Supplies, Food, Equipment Maintenance = $150-$750
- Potential Profit: $0-$10,000+ per month, income dependent on individual efforts as well as sales
People get hungry often when out in public.
French baguettes, French tacos and tortas are just a few of the many cuisines that you can offer with your food cart.
Food carts are easier to maintain than food trucks, making them ideal for starting entrepreneurs in the food business.
Only occasional painting and wheel replacement will be required.
Step 1: Survey the Land (Niche Selection).
35. Rare Book Dealer
The Solution:
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Costs & Profits
- Start-up costs: $0-$5,000
- Initial expenses: Phone, computer, marketing and vehicle with insurance. Camera, supplies
- Monthly On-going Costs: Phone, internet, marketing and gas. Supplies = $150-$750
- Profit Potential: $0-$10,000+ per month, but rare books have a wide range of prices. The books are a collection of rare books whose value can range from thousands to many millions.
You might be surprised at how valuable those rare and old books are.
You can make a lot of money by selling books on auctions and online platforms that identify value.
The book prices can fluctuate widely so your income as a rare book dealer will depend on sales and opportunities.
Step 1: Survey the Land (Niche Selection).
36. Marijuana Home Grower
The Solution:
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Costs & Profits
- Start-up costs: $8,000-$15,000
- Initial expenses: license, marketing, supplies, inventory, packaging, labels, utilities
- Monthly On-going Costs: Marketing, inventory, packaging and labels, utilities = $750-$2,500
- Profit Potential: High six figures to millions
A wave of states passed marijuana legalization laws across the country, making it legal for adults to use and sell marijuana.
This legislation, as you can see, is not only significant for consumers but also opens up a new market for entrepreneurs to tap into.
California allows you to grow up to six plants at home. The profit potential of a single plant can prove extremely lucrative.
Residential/Commercial Services
Step 1: Survey the Land (Niche Selection).
37. Painting House
The Solution:
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses Phone, marketing, business licenses, supplies, equipment, vehicle, and insurance
- Monthly On-going Costs: Phone, Marketing, Equipment Maintenance, Supplies, Gas= $200-$500
- Potential Profit: $40,000+ per year
Have a ladder and some old-fashioned painting tools in your garage.
You're now in a lucrative money-making position.
Color is not just for the exterior of a home, but also for the interior such as the living or bedroom.
House painting could be the right business for you if patience and perfection are your strengths.
Step 1: Survey the Land (Niche Selection).
38. Bike Repair
The Solution:
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Costs & Profits
- Start-up costs: $500-$2,000
- Initial expenses: phone, computer, marketing, tools, equipment
- Monthly On-going Costs: Phone, Marketing, Internet, Tool and Equipment Maintenance = $150-$500
- Potential for Profit: $60,000+ per year, $35+ an Hour
You might make some extra money if you are good at fixing bikes and picking up tools.
You can make a living by fixing bikes, whether it's a side business or full-time. Your only overhead is marketing and your phone.
This business doesn't require a workshop. You can run it from your garage, storage area, driveway, or any other location.
Step 1: Survey the Land (Niche Selection).
39. Television Mounting and Home Electronic Set-Up
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,000
- Initial expenses: Phone, marketing, tools and equipment, vehicle with coverage
- Monthly On-going Costs: Phone, Marketing, Gas, Tool and Equipment Maintenance = $150-$500
- Potential Profit: $40,000+ per year
You'd be surprised at how many people would rather skip the hassle of mounting a flat-screen TV, or setting up a surround sound system.
You can travel to local homes, do simple installations and make some extra money with a few tools and your own vehicle.
Step 1: Survey the Land (Niche Selection).
40. Home inspection
The Solution:
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Costs & Profits
- Start-up costs: $500-$3,500
- Initial expenses: Phone, computer, marketing and insurance. Insurance, vehicle with coverage, office equipment, supplies, tools. Inspection equipment
- Monthly On-going Costs: Phone, Marketing, Internet, Vehicle and Equipment Maintenance, Supplies
- Potential Profit: $30,000+ per year
A local inspector is required for any home being sold.
Although your job does not require technical knowledge, you will need to be trained on the use of tools and what to watch out for in your home inspections.
To increase your chances of being referred for a job, build relationships with local real estate offices.
Step 1: Survey the Land (Niche Selection).
41. Carpet Cleaning
The Solution:
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Costs & Profits
- Start-up costs: $1,500-$7,500
- Initial expenses: Phone, marketing, computer equipment, supplies, vehicle with auto insurance
- Monthly On-going Costs: Phone, Marketing, Internet, Supplies, Equipment Maintenance, Gas= $150-$500
- Potential for Profit: $50,000-$75,000+ per year
A new, stain-free and clean carpet can dramatically improve the look of a space.
You can start a carpet cleaning company with just a few powerful tools.
In 2019, this industry generated $5.4 Billion.
Both commercial and residential spaces have high carpet cleaning demand, which offers business opportunities all year.
Step 1: Survey the Land (Niche Selection).
42. Window washing
The Solution:
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Costs & Profits
- Start-up costs: $250-$1,500
- Initial expenses: insurance, tools, gear, supplies, gas, marketing
- Monthly On-going Costs: Cleaning supplies, gas, equipment, and vehicle maintenance = $350-$800
- Potential for Profit: $62,000+ annually and $32-$80+ an hour
Windows are everywhere. They can be found in buildings, homes, and cars.
A dirty and stained window is not something that anyone likes, especially homeowners and business owners.
If you have basic tools such as a ladder, rags and cleaning solution, it is possible to start your own window cleaning business for less than $100.
Step 1: Survey the Land (Niche Selection).
43. Gutter Cleaning
The Solution:
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Costs & Profits
- Start-up costs: $500-$3,000
- Initial expenses: Phone, vehicle with insurance, equipment and license
- Monthly On-going Costs: Gas, Vehicle and Equipment Maintenance, Phone = $150-$500
- Profit Potential: $200-$300/day. However, work can be seasonal
Rain gutters can become clogged with all kinds of gunk, including grit, muck and leaves.
Routine cleaning is necessary to preserve the integrity of a home. However, it can be dangerous and strenuous for homeowners.
To collect the debris, you will need a ladder and safety rope. You can try different methods to get rid of everything.
It is important to consider where you will be working.
Step 1: Survey the Land (Niche Selection).
44. Window tinting
The Solution:
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Costs & Profits
- Start-up costs: $50-$500
- Initial expenses: Phone, vehicle, insurance, supplies, tools, and marketing
- Monthly On-going Costs: Phone, supplies, maintenance, marketing = $150-$500
- Profit potential: $150 per car, six figure profit potential
Tinting windows can be used to protect the vehicle from harmful UV rays and provide privacy to its occupants.
Window tinting is an optional service that some auto shops offer, but it can be hard to make an appointment when you have a busy schedule.
This is why we offer mobile window tinting services that can be delivered to your customers wherever they are.
You can make $50-60 an hour if you have low supply costs.
Step 1: Survey the Land (Niche Selection).
45. Pressure washing
The Solution:
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Costs & Profits
- Start-up costs: $500-$5,000
- Initial expenses - phone, pressure washer equipment, marketing, vehicle with auto insurance
- Monthly On-going Costs: Phone, Marketing, Equipment Maintenance = $150-$750
- Potential for Profit: $77,000+ annually and $40-$60+ an hour
Local businesses are always looking to improve the appearance and appeal of their stores.
Pressure washers are necessary because sweeping doesn't always get rid of all the dust, grime and mud on concrete surfaces.
Basic pressure washers start at $250. Once you have a client base, you can upgrade to a more costly model.
Step 1: Survey the Land (Niche Selection).
46. Snow Removal
The Solution:
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Costs & Profits
- Start-up costs: $500-$10,000
- Initial expenses - phone, marketing, vehicle with auto, plow, tools
- Monthly On-going Costs: Phone, Marketing, Vehicle and Equipment Maintenance = $150-$750
- Potential Profit: $30-60 per plow, this Boston snowplow company makes $150,000+ per season. Since income is seasonal, companies often offer more than one service.
You can start a snow removal business if you live in an area that receives heavy snowfall all year.
Many homeowners don't like the idea of having to shovel snow piles from their driveways. They know where they are.
You can bet that they are on the lookout for help.
The numbers are amazing considering it doesn't snow everywhere.
The $19 Billion annual revenue from snow removal is
Step 1: Survey the Land (Niche Selection).
47. Driveway sealing
The Solution:
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Costs & Profits
- Start-up costs: $50-$500
- Initial expenses - phone, marketing, sealing and other supplies
- Monthly On-going Costs: Phone, Marketing, Supplies, Gas = $150-$500
- Potential for Profit: $48,000+ annually. $25-$40+ an hour
Your driveway can last up to 30 years if you take good care of it.
To extend its life expectancy, maintenance involves sealing your driveway and filling out any gaps.
However, driveway sealing can be a difficult task that requires hard labor for two to three days. This is something homeowners don't want to do.
This need can be met with simple tools and gloves.
Step 1: Survey the Land (Niche Selection).
48. Handyman Services
The Solution:
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Costs & Profits
- Start-up costs: $250-$2,000
- Initial expenses - phone, marketing, tools and vehicle with insurance. Contractor insurance.
- Monthly On-going Costs: Phone, Marketing, Equipment, Vehicle Maintenance, Gas= $150-$750
- Potential for Profit: $40,000+ per year, $20-$100+ an hour, fees vary depending on where you are and what services you use
CNBC reports that home sales are at an all-time high of one and a quarter years. People are selling their homes as fast as they are buying them.
Renovations and repairs are often the first things homeowners think about when they prepare their homes to sell.
Many homeowners are left clueless by inexperience and time.
Handymen can handle all kinds of household repairs, including door and lighting repairs as well as drywall installation.
Handy people who are handy with tools can either take advantage of the high demand for their services or outsource work to subcontractors.
Step 1: Survey the Land (Niche Selection).
49. Flooring
The Solution:
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Costs & Profits
- Start-up costs: $50-$5,000
- Initial expenses: Phone, marketing, vehicle with Insurance, storage, equipment
- Monthly On-going Costs: Phone, Marketing, Gas, Insurance, Supplies, Storage, Equipment Maintenance= $350-$1,000
- Potential Profit: $0-$10,000+ per month- Wood floor installation costs anywhere from $3,000 to $6,500 while laminate installation costs from $1,500 to $3,000
The flooring industry is poised to grow beyond its $26 Billion industry value.
Although flooring does not require any special training, you will need to be able to work with your hands.
It is best to focus your attention on one type of flooring, such as carpeting, wood, or linoleum.
While you can include material costs in your client fees, keep in mind that you will need to make a small investment in tools.
Step 1: Survey the Land (Niche Selection).
50. Upholstery
The Solution:
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Costs & Profits
- Start-up costs: $250-$1,000
- Initial expenses: Phone, marketing, tools and vehicle with insurance. Supplies
- Monthly On-going Costs: Phone, Marketing, Equipment Maintenance, Insurance, Supplies, Gas = $250-$500
- Potential Profit: $0-$10,000+ per month, upholstery jobs range from $50-$2,000+
A full-time job in this field is possible if you are a skilled worker and enjoy working with your hands.
Customers can use upholstering to preserve different furniture pieces and replace older materials with stronger, more modern ones.
You can use social media, YouTube and online courses to help you grow your business.
Step 1: Survey the Land (Niche Selection).
51. House Sitting
The Solution:
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Costs & Profits
- Start-up costs: $0-$350
- Initial expenses: Phone, computer, marketing, vehicle, insurance
- Monthly On-going Costs: Phone, internet, gas and insurance = $100-$450
- Potential for Profit: $0-$10,000+ per month, the average house sitting cost per client is $40-$100
House sitters are a low-key, enjoyable business model that takes care of the home's upkeep while the homeowner is gone.
A housesitter can ease the stress of people who travel often as they are able to look after their home and pets.
For steady work, you can find clients who are looking for seasonal or year-long commitments.
You don't even need special equipment or overhead.
Step 1: Survey the Land (Niche Selection).
52. Lawn care
The Solution:
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Costs & Profits
- Start-up costs: $500-$2,500
- Initial expenses: phone, computer, marketing, tools, equipment, insurance
- Monthly On-going Costs: Phone, internet, marketing and tools maintenance, gas = $250-$750
- Potential for Profit: $40,000+ annually and $20-$50+ an hour
Owners are proud of the home's interior, as well as its exterior appearance.
A well-kept backyard can increase the value of your house.
You might consider opening a lawn care company if you love the scent of freshly cut grass and want more freedom.
This business model is able to provide steady income, more flexibility and high-profit returns. All you need to get started is your lawnmower.
If you are looking for work that is year-round, it is important to consider your current location.
Step 1: Survey the Land (Niche Selection).
53. Moving and packing services
The Solution:
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Costs & Profits
- Start-up costs: $2,000-$5,000
- Initial expenses - phone, marketing, equipment van(s),/truck(s), with insurance
- Monthly On-going Costs: Phone, Marketing, Equipment, Vehicle Maintenance, Gas= $150-$750
- Potential for Profit: $58,000+ annually and $30-$50+ an hour
It can be difficult to move to a new location. It can take several hours, if not days to complete the entire move.
Your packing services can ease the stress of customers who are already stressed. It is also a great way for you to make some extra money, with almost no overhead.
You may have to pay fees for packing materials or boxes.
Apartment dwellers, homeowners and businesses can all be your clients.
Step 1: Survey the Land (Niche Selection).
54. House Cleaning
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, computer, marketing supplies, vehicle with equipment, insurance and vehicle
- Monthly On-going Costs: Phone, internet, marketing supplies, maintenance of equipment, gas = $250-$750
- Potential Profit: $0-$10,000+ per month, many housecleaning companies make six figures to millions of dollars in annual revenue.
Statista states that the United States has more than 128 million households.
Americans are becoming busier and more dependent on their household cleaners.
You can start a residential cleaning company by purchasing all the necessary cleaning supplies, setting up a website, and doing some advertising.
Another way to save money is to do all the cleaning yourself.
After accounting for advertising and contractors, the sky is the limit on how much you can make. However, you could easily earn six figures or more with this growing business model.
Step 1: Survey the Land (Niche Selection).
55. Office Cleaning
The Solution:
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Costs & Profits
- Start-up costs: $0-$2,000
- Initial expenses Phone, computer, marketing and cleaning supplies. Vehicle with insurance. Cleaning equipment.
- Monthly On-going Costs: Phone, Marketing, Internet, Gas, Supplies, Gas = $150-$500
- Profit Potential: $50-$150 an Hour
Office cleaners are a lifesaver for corporate workers, who are known for their messy work environments.
You only need basic cleaning supplies and trash bins to make sure your office gets a thorough clean.
Most office cleaning contracts last for many years. So, get a few clients to make the big bucks.
Step 1: Survey the Land (Niche Selection).
56. Commercial Plant Watering & Decor Services
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, marketing, computer and vehicle with insurance. Supplies, tools
- Monthly on-going costs: phone, internet, marketing, gas, supplies, tool maintenance=$150-$450
- Potential Profit: $0-$10,000+ per month, clients on monthly retainers, income dependent on individual efforts and sales
It's amazing how impressive a lobby can look with a few green plants.
In service-based industries, first impressions matter. Your local dentist or plastic surgeon is a great place to offer this service.
Long-term retainers are the best option for this business model because they require little maintenance.
Step 1: Survey the Land (Niche Selection).
57. Commercial Trash Collection
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses - phone, marketing, vehicle with automobile insurance, equipment, supplies
- Monthly On-going Costs: Phone, Marketing, Supplies, Equipment Maintenance = $150-$500
- Potential Profit: $0-$10,000+ per month, income based on the number of clients and their prices. Clients typically pay weekly/monthly retainers
This service is not the same as weekly garbage pick-up. It is a necessary maintenance service that is best for walk-in business.
To maintain their appearance, you'll sweep the streets in front of shops and offices.
High foot traffic stores can get very dusty and cluttered after a busy week. Your business's services will be especially important.
Step 1: Survey the Land (Niche Selection).
58. Construction site clean-up crew
The Solution:
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Costs & Profits
- Start-up costs: $1,500-$4,000
- Initial expenses - phone, marketing, tools and equipment, supplies, van/truck insurance
- Monthly on-going costs: phone, marketing, supplies, tool/vehicle/equipment maintenance, gas= $250-$1,000
- Potential for Profit: Six figure potential, the average residential cleaning job is between $350-$750
Although it may sound counterintuitive at first, many contractors do not offer clean-up services after a project is completed or after a renovation.
To ensure that the site remains spotless, an outside crew is hired.
You and your crew will be required to do a lot of lifting and pulling.
Now is the right time to make a move as home renovations continue their boom.
Web/Tech
Step 1: Survey the Land (Niche Selection).
The Solution:
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59. Desktop Publisher
Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, marketing, computer and publishing software programs, tools, equipment
- Monthly On-going Costs: Phone, internet, monthly Subscriptions, Equipment Maintenance = $150-$500
- Potential for Profit: $48,000+ annually and $25+ per Hour
A desktop publisher creates, finalizes, and publishes various types of documents for print/electrical publication.
They use specialized software for document types with varying complexity and design.
A computer, as well as publishing software such Corel and Adobe, is required. You will also need a scanner, camera, and color printer.
Depending on the needs of your client, you may require more or less equipment.
Step 1: Survey the Land (Niche Selection).
60. Domain flipping
The Solution:
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Costs & Profits
- Start-up costs: $150-$2,000
- Initial expenses: Phone, computer, domain sales and listing fees. Hosting fees. Marketing
- Monthly On-going Costs: Phone, Internet, Domain Sales, Listing Fees, Hosting Fees, Marketing = $100-$1,000
- Potential profit: $0-$10,000+ per month, income dependent on individual efforts and sales. GoDaddy had the 25 highest-grossing domain sales and the highest-selling entry was worth close to $50,000,000.
Verisign reported that 354 million domain names had been registered during the second quarter of 2019. Many people forget to renew domains after they expire.
This allows others to invest and buy domains for profit.
You can earn a lot of money by selling a domain for less than you paid.
It can be tedious and time-consuming to sort through all the domains available in order to find the most promising. Domain flipping is hard work.
Step 1: Survey the Land (Niche Selection).
The Solution:
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61. App Creator
Costs & Profits
- Start-up costs: $200-$7,500
- Initial expenses: Phone, computer, marketing and app creation software tools, software programs and computer programs, and tools
- Monthly On-going Costs: Phone, Internet, Marketing, Monthly Subscriptions = $150-$500
- Potential profit: $0-$10,000+ per month, income depends upon app sales. This business model can take some time to make a profit. The Sims Freeplay makes close to $70,000 per DAY in the Apple app store.
Do you need to compare foundation colors?
There is an app for that.
Want to find the most efficient route for your commute?
There is an app for that.
Many great ideas could be used as apps.
After you have mastered the basics of app development, you can create the next best-selling app.
Step 1: Survey the Land (Niche Selection).
62. Flipping websites
The Solution:
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Costs & Profits
- Start-up costs: $50-$2,000
- Initial expenses: Computer, marketing, SEO, computer software tools, web hosting, domain fees
- Monthly On-going Costs: Internet, Marketing, Monthly Subscriptions, Hosting Fees = $100-$500
- Potential profit: $0-$10,000+ per month, income based on individual efforts and sales. It can take time for this business model to become profitable, as you sit on the site and do whatever you can to increase its worth.
Websites are full of valuable content, which makes them an asset to many businesses and media conglomerates. This guy sold his website for $30 million to the New York Times
This type of success is quite different from the one that many people achieve by flipping websites, either as a side gig or full-time.
Start by creating a website, then you can increase its value through offering it to others.
Although profits can vary, they are often significantly higher than the small financial investment made in building and hosting your website.
Step 1: Survey the Land (Niche Selection).
63. Training for the smartphone/computer
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,000
- Initial expenses: Phone, marketing, computer equipment, supplies, transportation
- Monthly On-going Costs: Phone, Marketing, Internet, Equipment Maintenance, Supplies, Transportation = $150-$500
- Profit Potential: $0-$10,000+ per month, $50-$100 for a 1 hour workshop session
It is difficult for older people to adjust to changing technology, such as smartphones, computers and tablets.
This need can be met by tech-savvy people with the expertise to offer home consultations or workshops for in-person training.
For maximum learning, you can make clear presentations and guides that are easy to follow.
Step 1: Survey the Land (Niche Selection).
64. WordPress Expert
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, marketing, computer and computer programs
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions = $100-$450
- Profit Potential: $0-$10,000+ Monthly, Web designers charge between $3,500 and $10,000 for a website, or $75+ an hour.
Your website's CMS choice is often just as important as its content and design.
There are many CMS platforms out there, each offering its own advantages and features. You need to consider what support you require.
Based on data from w3techs.com, WordPress holds 61.9% market share among all content management system.
WordPress can be a daunting task on its own. Not every site owner wants to be an expert. External help is always recommended.
You can start a WordPress web design business if you are familiar with WordPress and the various plug-ins. This includes services such as build-out, troubleshooting and routine maintenance.
Step 1: Survey the Land (Niche Selection).
65. Videography
The Solution:
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Costs & Profits
- Start-up costs: $500-$2,500
- Initial expenses: Phone, marketing, computer and supplies for videography equipment, video editing software, tools, and other related costs
- Monthly On-going Costs: Phone, Marketing, Internet, Equipment Maintenance, Supplies, Monthly Subscriptions = $150-$500
- Profit Potential: $35,000+ per year, clients are either charged per session (or hourly), which varies.
Although smartphones are getting more versatile and better-quality than ever, they don't have the same quality as professional videography.
Brands and businesses recognize the importance of great videos, but YouTubers and influencers also appreciate it. Chances are that not many of them are skilled in creating the perfect video.
60% marketers agree that video ads drive more interest and engagement than single-image advertisements.
Grab your equipment for videography and start offering your services to local businesses and online companies to make serious money and build a portfolio that will help you grow your business.
Health/Wellness
Step 1: Survey the Land (Niche Selection).
66. Mobile Esthetics
The Solution:
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Costs & Profits
- Start-up costs: $350-$1,000+
- Initial expenses: Phone, marketing, computer supplies, tools, esthetics, vehicle with insurance, vehicle
- Monthly On-going Costs: Phone, Marketing, Internet, Supplies, Tools and Equipment Maintenance = $150-$750
- Potential Profit: $0-$10,000+ per month, income varies depending on sales, prices, and services
There is intense competition for jobs as estheticians. It is now more important than ever to start your own business.
The beauty and skincare industries aren't going away anytime soon. The New York Postreports the average American woman spending over a quarter million dollars on her appearance in her lifetime.
You will travel to clients' homes to provide services such as facials, chemical peels, and scrubs.
Step 1: Survey the Land (Niche Selection).
67. Online fitness trainer
The Solution:
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Costs & Profits
- Start-up costs: $0-$2,500
- Initial expenses: Phone, marketing, computer and webcam. Also, software and equipment for fitness and other activities.
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions, Equipment Maintenance = $150-$500
- Profit potential: $0-$10,000+ monthly. Refer to Zoe Rodriguez , who earns more than $1M per year as an online trainer and also owns a gym.
The industry of health and well-being is growing.
Consumers are better educated about their eating habits and exercise routines. They seek long-term and sustainable solutions to weight loss and general well-being.
Although the Internet offers information at the click of a button, many people don't know how they can process it and take action.
They seek the help of an online trainer to improve their fitness. This is a more affordable and accessible option than going to a gym far away and paying higher dues.
You can use social media and YouTube to promote your fitness training services worldwide.
Even if you don't have certification, you can often use your experience and results to find clients.
Step 1: Survey the Land (Niche Selection).
68. Personal sports trainer
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,500
- Initial expenses: Phone, computer, marketing and vehicle with insurance. Sports equipment
- Monthly On-going Costs: Phone, internet, marketing and gas maintenance = $150-$500
- Potential: $50K+ per year
You can become a trainer if you have a passion for sports and are able to teach others.
You'll be able to guide your students through drills or exercises in small groups, one-on-one sessions, or both.
You can offer coaching sessions online or in person to expand your reach.
Step 1: Survey the Land (Niche Selection).
69. Online coaching
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,500
- Initial expenses: Phone, marketing, computer and webcam, software and programs, coaching materials
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions = $100-$500
- Profit potential: $0-$10,000+ monthly. Elizabeth Rider has a seven-figure health and wellness coaching company.
Motivation and support are essential for everyone, in business or life.
Online coaching is a broad field that can be used to assist others in reaching their goals.
Social media has been a great way to increase awareness in this field. It also allows coaches to build credibility and exposure within their niche.
Step 1: Survey the Land (Niche Selection).
70. Patient Advocacy
The Solution:
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Costs & Profits
- Start-up costs: $0-$2,500
- Initial expenses - phone, marketing, computer and vehicle with insurance.
- Monthly On-going Costs: Phone, Marketing, Internet, Gas, Insurance = $200-$500
- Potential for Profit: $50,000+ per year, $26-$100+ an hour
Many people find it difficult to navigate the healthcare system.
Add in debilitating illnesses, healthcare systems that prioritize profit, and a dearth of support from family members, and you are even more vulnerable.
Patient advocates support their clients by serving as a liaison between patients and healthcare personnel, communicating with them on matters such as the standard of care and patient rights.
It is highly recommended that you are familiar with HIPAA, and the patient privacy laws. This may require some training.
Arts/Creative
Step 1: Survey the Land (Niche Selection).
71. Stock Photography
The Solution:
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Costs & Profits
- Start-up costs: $0-$3,500
- Initial expenses: Computer, marketing, photo, and video editing software, tools, and photography equipment
- Monthly On-going Costs: Marketing, internet, maintenance, monthly Subscriptions = $250-$500
- Potential Profit: $0-$10,000+ per month, income dependent on individual efforts as well as sales
Stock photos are used as imagery on blogs, websites, social media platforms, among other things.
Stock images can be a great way for photographers to diversify their income.
Images can be purchased on several stock photography websites for royalty fees.
Photographers have the option to sell their images through social media or their own website. This is a small fee that they pay other than the equipment.
Step 1: Survey the Land (Niche Selection).
72. Logo Design
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, marketing, computer, and design software programs and tools
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions = $150-$400
- Profit Potential: $0-$10,000+ per month, a standard logo for a business costs upwards to $100 per job
Your logo is the face of your brand.
Consider McDonald's golden arches as an example of a logo that is iconic.
It is a visual aid that your clients can use to associate your business with its products/services.
Your logo can also affect consumer psychology by triggering emotional responses via font type, sizes and shapes.
You don't need to have any prior experience in design or creative software to get started creating logos for clients.
Step 1: Survey the Land (Niche Selection).
73. Photo editing
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,500
- Initial expenses - Marketing, computer, photo editing programs and tools, equipment
- Monthly On-going Costs: Marketing, internet, maintenance, monthly subscriptions = $150-$500
- Potential for Profit: $38,500+ annually; $20-$40+ an hour
Who doesn't love the perfect picture?
Although a photo taken well can capture all the right angles, a little editing can make it even better.
A good eye for aesthetics is also a valuable skill, given the importance of images in our daily lives, from social media to advertisements.
Step 1: Survey the Land (Niche Selection).
74. Graphic Design
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,500
- Initial expenses: Phone, marketing, computer and graphic design software programs.
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions = $150-$400
- Potential for Profit: $48,000+ per year, $25+/hour
Graphic design can be used to communicate in a variety of ways, including posters, web design and social media images.
Graphic design professionals stand out from amateur work. They help convey the company's vision, values, and voice.
Businesses in many industries can rely on you to help them visually communicate their unique proposition.
Software with low overhead makes it possible to make a living solely from your efforts.
Step 1: Survey the Land (Niche Selection).
75. Creative Branding Agency
The Solution:
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Costs & Profits
- Start-up costs: $0-$2,000
- Initial expenses: Phone, marketing, computer and web design, creative software tools and programs, office equipment
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions, Office Equipment Maintenance = $150-$500
- Potential for Profit: $50,000+ annually at $26-$50/hour
A brand can help your customers recognize you company and distinguish it from the rest. It can also help you connect emotionally with your customers.
Many new businesses have difficulty in establishing a brand identity. They should seek out outside help from branding experts.
People who are creative and have innovative ideas can thrive in an environment that encourages artistic expression.
Branding agencies increasingly use social media to show their work and gain new clients.
Step 1: Survey the Land (Niche Selection).
76. Arts & Crafts Workshops
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, computer, marketing supplies, cleaning supplies and vehicle with insurance. You can also host workshops at your home to reduce costs
- Monthly On-going Costs: Phone, Internet, Marketing, Supplies, Gas = $150-$500
- Profit Potential: $0-$10,000+ per month, the average workshop cost is $80-$150
Children and adults alike love making fun crafts to decorate their homes.
An art degree is not necessary; you can choose to specialize in painting, cartoons or macaroni art.
This business model's best feature is its flexibility. You can host your arts and crafts workshops in a classroom, party, rec center, or even your own home.
Step 1: Survey the Land (Niche Selection).
77. Dance teacher
The Solution:
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Costs & Profits
- Start-up costs: $0-$3,000
- Initial expenses Phone, marketing, computer and fitness equipment. Sound and music mixing software is also available. Rental space is not required if you operate from your home.
- Monthly On-going Costs: Phone, Internet, Marketing, Monthly Subscriptions = $150-$500
- Profit Potential: $75-$100 an hour, monthly income of $0-$10,000+. Private lessons range from $75 to $100 per hour. Dance Magazine reports that the average income for dance instructors is in the $35,000 to $40,000 range.
You can teach jazz, ballet, hip hop, salsa, or any other form of dance.
Dance teachers often find private sessions to be the most lucrative, in addition to offering their usual repertoire of group classes.
Dance teachers have more income streams now that they can offer classes online to students from all over the world.
Entertainment
Step 1: Survey the Land (Niche Selection).
78. Karaoke Machine Hire
The Solution:
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Costs & Profits
- Start-up costs: $1,000-$5,000
- Initial expenses: Phone, marketing, computer and karaoke equipment.
- Monthly On-going Costs: Phone, Marketing, Internet, Karaoke Equipment Maintenance, Gas= $250-$1,000
- Potential Profit: $0-$10,000+ per month, income dependent on individual efforts and sales
Many people love Karaoke. Karaoke is a great way to enjoy a social gathering with good friends and belt out some tunes.
Rent karaoke equipment to bring this experience to many events and gatherings.
A standard karaoke machine can be purchased for as low as $100, and you will see a return on your investment after only one event.
To provide variety for your customers, make sure to compile a large collection of songs from various genres.
79. Community News Blog
The Solution:
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Costs & Profits
- Start-up costs: $0-$2,500
- Initial expenses: Phone, marketing, computer and web design software programs. Photo subscription
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions = $100-$350
- Potential Profit: $0-$10,000+ per month, income dependent on advertising, sponsorship and affiliate sales.
Many local residents don't know much about what is happening in their area. They are often unaware of the latest news, events, or resources that can be helpful.
Additionally, municipalities and towns often depend on residents for their growth.
A blog for your town that is constantly updated with current happenings in the area would encourage awareness, participation and connections. This is a win-win situation for everyone!
Sponsored interviews and paid ads can help you to monetize your website.
For additional income generation, you might consider pairing your blog and monetized Facebook groups.
Step 1: Survey the Land (Niche Selection).
80. Event promoter
The Solution:
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Costs & Profits
- Start-up costs: $250-$2,000
- Initial expenses: Phone, marketing, computer and promotional materials. Vehicle with insurance
- Monthly On-going Costs: Phone, Marketing, Internet, Insurance, Gas = $150-$400
- Potential Profit: $40,000+ per year, but profits can vary greatly. Events can bring in $1,000-$10,000+
Do you like to be the "hype-man" in your group? Are you a fan of the best nightlife scenes and plan unforgettable experiences?
Event promotion requires charisma.
Promotion is key to success. A well-publicized event can help bring in tons more customers.
G2 identifies event marketing as essential for companies in order to grow their customer base, increase conversion rates and engage customers.
Step 1: Survey the Land (Niche Selection).
81. Mobile Bartending
The Solution:
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Costs & Profits
- Start-up costs: $1,000-$5,000
- Initial expenses - phone, marketing, bar tools, equipment, bar supplies, vehicle and insurance
- Monthly On-going Costs: Phone, Marketing, Internet, Equipment Maintenance, Supplies, Gas= $350-$750
- Potential for Profit: $25,000-$50,000+ per year
Take the fun of the party along!
A mobile bartending company is the best option if you love to mix drinks and don't mind working long hours at a restaurant.
Mobile bars can be hired to serve large-scale events such as weddings, corporate parties, and festivals. This allows you to avoid missing out on money due to slow nights.
To get started, invest in simple signage and light decor.
Step 1: Survey the Land (Niche Selection).
82. Children Party Entertainment
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,500
- Initial expenses Phone, marketing, computer and party props and costumes. Supplies, vehicle with insurance.
- Monthly On-going Costs: Phone, Marketing, Internet, Gas, Supplies, Gas = $150-$500
- Profit Potential: $$75 -$150 an Hour
Character appearances are a hallmark of kid's parties.
The whole experience is made memorable by a favorite princess, hero, or cartoon character.
You could earn a handsome hourly wage by traveling to parties in your area and dressing up as make-believe for the delights of children.
Step 1: Survey the Land (Niche Selection).
83. Photo Booth Rental
The Solution:
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Costs & Profits
- Start-up costs: $1,000-$5,000
- Initial expenses: Phone, marketing, computer and props. Vehicle with insurance
- Monthly On-going Costs: Phone, Marketing, Internet, Photo Booth Sales, Gas = $250-$1,000
- Profit Potential: $0-$10,000+ per month, regular events cost between $200-$450 an hour and corporate events range from $500-$750 an hour.
A wide variety of party entertainment services are available, from DJs to clowns for kids, including party entertainment.
Photo booths are a great way to entertain and create lasting memories.
There are many options for photo booths, from simple ones to elaborate and interactive touch screens. Many companies offer costume or home-made props to guests.
After a few party and corporate events, you can get your investment back.
Step 1: Survey the Land (Niche Selection).
84. Wedding Planning
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,000
- Initial expenses: Phone, marketing, computer, and vehicle with insurance
- Monthly On-going Costs: Phone, Marketing, Internet, Gas = $100-$350
- Potential for Profit: $58,000+ per year, $30+ an Hour
A wedding is an once-in-a lifetime event that requires decorations, caterers and place-cards.
It's also expensive, with the average American wedding costing over $30,000 according to Business Insider's article.
Couples and their families can feel overwhelmed by trying to manage every detail. This is why many people trust the organization and knowledge that a wedding planner offers.
They will coordinate all the events and make arrangements with vendors.
Business Services
Step 1: Survey the Land (Niche Selection).
The Solution:
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85. Online Consultant
Costs & Profits
- Start-up costs: $0-$1,500
- Initial expenses: phone, marketing, computer, transportation
- Monthly On-going Costs: Phone, Marketing, Internet, Transportation = $150-$750
- Potential for Profit: $75,000+ per year, $40-$150+ an hour
Businesses and large corporations can benefit from the expertise of experts in any field, as shown by the growing $506 billion industry.
They provide valuable insights into different business operations, and help businesses to be more productive and profitable.
You will need software, an internet browser, and your vast knowledge to get started.
Step 1: Survey the Land (Niche Selection).
86. PR
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses Phone, marketing, computer, and business license
- Monthly On-going Costs: Phone, Marketing, Internet = $100-$350
- Potential for Profit: $60,000+ per year, $31+/hour
It can be extremely difficult to promote a business or person without advertising.
PR agencies work tirelessly for their clients to secure sales, promotions, and support from their intended audience.
PR professionals are responsible for outreach, research, creation, and distribution of promotional materials such as speeches, press releases, and blog posts.
AgilityPR Solutions estimates that agency fees can vary widely but range from $2,000 to $20,000 per month. This leaves you with a substantial profit after accounting for software, tools subscriptions, and website hosting.
Step 1: Survey the Land (Niche Selection).
87. Preparation of Taxes
The Solution:
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Costs & Profits
- Start-up costs: $1,000-$5,000
- Initial expenses: Phone, marketing, computer and tax preparation software.
- Monthly On-going Costs: Phone, Marketing, Internet, Office Equipment Maintenance, Supplies = $150-$500
- Potential Profit: Estimated $200+ per Return, work is often seasonal.
Tax season is when stress is at its peak for individuals and businesses. This is why they look to an experienced tax preparer that they can trust.
This business is seasonal but efficient tax preparers, and companies that have other tax preparers, can make anywhere from $20,000 to $80,000+ per tax season.
Before you can handle any tax returns, you will need to complete a training program and pass an examination.
You can run this business from your own home, or rent an office space if necessary.
Step 1: Survey the Land (Niche Selection).
88. Commercial Courier Services
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, marketing, computer and vehicle with insurance. Apps
- Monthly On-going Costs: Phone, Internet, Gas, Monthly Subscriptions = $150-$500
- Potential Profit: $30,000+ per year
Mail, memos and payroll are all important documents that offices need to send out each day. However, not everyone can do these tasks.
Your courier service can only be used to service law firms. It will travel to the post office as needed.
Commercial couriers will spend the most money on gas, so ensure your vehicle is reliable.
Step 1: Survey the Land (Niche Selection).
89. Home/Apartment Staging
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: Phone, marketing, computer with insurance, car with insurance, office supplies, photo equipment, and camera
- Monthly On-going Costs: Phone, Internet, Gas, Supplies = $150-$500
- Potential Profit: $500-$5,000 Per Project
Professional staging photos are essential to attract buyers before you list a house for sale on a website.
Photography is a difficult task that captures the beauty of a home. This is why many real estate firms hire home staging companies to do this job.
To make serious money, pair your camera with your eye for decor!
Step 1: Survey the Land (Niche Selection).
90. Professional Reviewer
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: phone, marketing, computer, transportation
- Monthly On-going Costs: Phone, Marketing, Internet, Transportation = $100-$500
- Potential for Profit: $0-$10,000+ per month, income based on review price, sponsorship agreements and review types
It is a smart idea to research the company before you spend your hard-earned cash on a product/service.
Ratings and reviews that detail customer experiences are often a sign of credibility.
Emarketer.com conducted a poll and found that more than 40% of consumers consider reviews to be a crucial part of their buying process. Reviews that are honest and authentic help companies thrive.
A website or social media page can be created to review products or local businesses.
Many companies will offer free products in return for your testimony. You don't have to worry about outreach or web hosting.
Step 1: Survey the Land (Niche Selection).
91. Project Management
The Solution:
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Costs & Profits
- Start-up costs: $0-$500
- Initial expenses: phone, marketing, computer, project management software programs
- Monthly On-going Costs: Phone, Marketing, Internet = $100-$500
- Potential for Profit: $54,000+ annually and $30+ per Hour
Project managers are organized, forward-thinking, and highly motivated individuals who excel in managing projects across a variety of industries, including engineering, healthcare, and technology.
They create a clear path to project completion and make sure that each member of the team follows it.
Many project managers work for agencies and corporations, but many prefer to be self-employed.
The field is very lucrative, with hovering around six figures for new professionals and above in the case of seasoned professionals.
If you do not have experience in PM, the majority of your start-up expenses will be for certifications and higher education to expand your knowledge.
Step 1: Survey the Land (Niche Selection).
92. Process Server
The Solution:
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Costs & Profits
- Start-up costs: $0-$750
- Initial expenses - phone, marketing, computer certification, vehicle with insurance, or business insurance
- Monthly On-going Costs: Phone, Marketing, Internet, Gas = $100-$500
- Profit potential: $25+ an hour. A flat fee is also charged by some process servers per file and client.
"You've been served!"
The process server industry may be calling you if you have ever wanted to hear those words while you serve papers.
Your location will determine the requirements for you to become a process server.
In most cases, however, you will only need to fill out paperwork, have your fingerprints taken, and pay a surety bonds.
Step 1: Survey the Land (Niche Selection).
93. Bookkeeping
The Solution:
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Costs & Profits
- Start-up costs: $0-$1,500
- Initial expenses: Phone, marketing, computer and bookkeeping software programs. Also, software for payment processing, office equipment, and supplies.
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions, Supplies = $250-$750
- Potential for Profit: $58,000+ per year, $30-$50 an hour
Do you enjoy working with numbers?
A key element of running a business is to balance your financials.
To be able to keep accurate financial records, you don't have to be an accountant. A bookkeeper is capable of doing so.
To get a clear picture about a company's financial situation, it is important to reconcile expenses, incoming revenues, and payroll. This makes bookkeepers highly sought after.
Step 1: Survey the Land (Niche Selection).
94. VA Agency
The Solution:
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Costs & Profits
- Start-up costs: $0-$3,500
- Initial expenses - phone, marketing, computer and job listing fees, software programs and tools, processing software
- Monthly On-going Costs: Phone, marketing, internet and listing fees. Monthly Subscriptions = $350-$750
- Potential for Profit : $0-$10,000+ per month, income dependent on client retainers, subcontractor rates and the number of subcontractors.
Overexerting business owners can lead to them focusing on too many different business operations simultaneously.
It can be hard to run a business that is successful. Hiring a full-time employee may not always be the best choice.
Virtual assistants are contracted workers who manage many tasks such as emails, phone calls and travel arrangements.
They assist business owners in prioritizing and staying organized during day-to-day operations.
You can either start as a VA with just a computer and office supplies, or you can hire contractors to outsource work faster.
Step 1: Survey the Land (Niche Selection).
95. Property Management
The Solution:
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Costs & Profits
- Start-up costs: $0-$5,000
- Initial expenses: Phone, marketing, computer and property management software programs. Payment processing software. Office supplies and equipment. Transportation
- Monthly On-going Costs: Phone, Marketing, Internet, Monthly Subscriptions, Supplies, Office Equipment Maintenance, Transportation= $350-$750
- Profit Potential: $30-50+ per Hour per Client
Portfolios of real estate investors often include multiple properties. They are too busy to manage the daily functions of each apartment building.
Large-scale investors in commercial and residential buildings and housing are often plagued by tenant issues, repairs, and rent collection.
Management companies are hired to oversee the operation of the building. They also work with tenants and contractors to solve different problems.
As your property portfolio grows, you will be able to hire more staff.
The Best Business Idea You Can Start
Entrepreneurs who are deciding on the business model they want to pursue should consider low expenses and high profits.
Local lead generation offers the best combination of profit potential, scaleability and residual income.
Local lead generation enabled me to build a digital empire from scratch and leave behind my 9-5 job. It only takes six steps to complete the entire process:
Get started with Lead Generation
Average lead generation property income is between $750-$2,000 each month.
The startup costs are extremely low. A web hosting subscription, some SEO tools, time and dedication are all that's required. That's it.
What about the amount of money you can make?
This business model is truly limitless.
Pure lead generation brings me an average of $52K per monthly. I don't have to rush around for work.
I create the site, rank it and partner with clients for a monthly retainer. Then it's on the next.
This site pays me $2,000 per month, without fail... and it hasn't been touched in almost two years.
Let's sum it up: Local lead generation is superior to any other business model.
Local lead generation is very cost-effective and requires minimal overhead. The pure profit potential is far greater than any other business model.
If done right from the beginning, local lead generation can be stable and requires little maintenance. It is a form passive income.
For a fraction of the cost of most business models, local lead generation can generate unlimited income for a small amount of work.