future business ideas list

Learn more about choosing the right structure for your business from the Small Business Administration.

6. Create a business bank account.

Once you have a legally formed business and have been issued an Employer Identification Number (EIN), open a bank account specifically for your business. Having a business bank account is essential for keeping your personal and business finances separate which can help you gain an accurate picture of your business’s cash flow and financial health.

Additionally, keeping your personal and business finances separate makes bookkeeping and tax preparation easier.

Many banks offer business checking and savings accounts. Business checking accounts typically do not have a limit on the number of transactions that can take place, and issue a debit card that can be used for making business purchases. However, these checking accounts do not accrue interest.

Business savings accounts typically earn interest over time but have a limited number of transactions that can occur each month. When you’re just starting out, look for a business bank account that does not have a minimum balance requirement so you are not penalized for having low funds as you work to build your business.

7. Determine if your business idea works well from home.

Ask yourself whether your business idea will work well from home. Some businesses simply aren’t suited to be based from home. If you want to run a dog boarding center but live in an apartment without a backyard, you might want to consider a dog walking business instead.

8. Set up an office.

If your business idea is well-suited for being run from home, it’s still important you have a designated workspace. While a home office might not be possible, consider setting aside a corner in your living room or putting a desk in your bedroom for a space that inspires you and creates the conditions for success.

Need a more professional space? If you conduct client-facing work requiring you to be on video calls, no one wants to see your rumpled sheets in the background. Check out local coworking spaces for memberships that earn you access to conference rooms, desk space, and more.

9. Get to work!

You’ve put in the hard work, but I’ve got bad news — it’s only going to get harder. But most entrepreneurs will agree that the payoff of being your own boss, making your own hours, and working on projects that you’re passionate about will pay dividends for the rest of your life.

What are the types of small businesses?

The types of small business structures are sole proprietorships, partnerships, limited liability companies (LLCs), and corporations.

• Sole Proprietorship — The simplest type of business structure is a sole proprietorship, which is also the easiest to start. As a sole proprietor, you are personally responsible for the business's liabilities and profits, and you have complete control over your business. If you are a solopreneur, you are automatically considered a sole proprietor.
• Partnership — A partnership is a business model involving two or more individuals who agree to share the business‘s profits and liabilities. Each partner contributes to the business and shares the risks and rewards. It’s essential to have a partnership agreement that defines each partner's roles and responsibilities to ensure clarity and prevent potential misunderstandings.
• Limited Liability Company (LLC) — An LLC, or limited liability company, is a common option for small businesses because it protects its owners by separating personal assets from the company's liabilities. To form an LLC, the business owner must file the required paperwork with the state.
• Corporation — A corporation is an independent legal entity distinct from its owners. It provides limited liability protection to its shareholders, who are not held personally accountable for the company's debts. Corporations have formal requirements and often raise capital by issuing stocks or shares.

Which business type is best?

The best business type is a limited liability company (LLC). Operating as an LLC means that your personal assets are separate from your business assets. If your business goes bankrupt, your personal holdings won’t be affected. That said, it’s also one of the costlier types, requiring a fee paid to the state.

The easiest business type to start is a sole proprietorship. The main downside is that there’s no differentiation between you and your business.

It's crucial to seek advice from legal or accounting professionals to determine the best business structure based on your unique needs and objectives. Each structure has advantages, legal requirements, tax implications, and flexibility considerations.

How do I create a business idea?

To create a business idea, determine your skill set, work preferences, startup budget, and available resources. It’s important to strike the right balance between what you can feasibly offer and what you can feasibly afford in the short and long term.

We recommend starting with your skill set so that you can easily determine the niche in which you can effectively compete. For instance, if you have ample experience as a writer, you might consider starting a freelance writing business. But if you know you’d prefer to work with clients face-to-face, you might choose to start a ghostwriting business instead. That’s why it’s so important to take your work preferences into account, as well.

After that, take a look at your budget and determine the type of business you can start based on the resources at your disposal. For instance, you might not be able to afford a physical office or location, so a location-based business will likely not be a good fit. In that case, starting an online business is your best option.

What resources or tools can I use to refine and validate my business ideas during the brainstorming process?

Online market research tools like Google Trends, Keyword Planner, and SEMrush can provide insights into market demand, competition, and keyword trends related to your business niche. Industry reports and market analyses from reputable sources such as IBISWorld, Gartner, Statista, and industry-specific publications can offer valuable data and trends to inform your decision-making. Ensure you know the industry risk before embarking on your small business venture.

→ Download Now: Market Research Kit [Free Download]

Additionally, joining entrepreneurial communities, forums, and social media groups can provide opportunities to seek feedback, network with like-minded people, and gain insights from experienced entrepreneurs. Finally, consider conducting surveys or interviews with potential customers to gather feedback and validate your business concept before investing significant time and resources.

What are some of the most successful small businesses?

Every small business has the potential to be successful and profitable, provided it’s backed by a strong product-market fit and a robust business plan . These two elements are essential. Maybe postnatal services are one of the most successful small businesses to launch, but if you live in an area with declining population or a large elderly population, then that small business idea won’t yield a high return on investment.

Think carefully about the market where you’re launching your business, and you’ll be more than likely to see lasting success.

What are the top growing small businesses?

Don't forget to share this post!

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Powerful and easy-to-use sales software that drives productivity, enables customer connection, and supports growing sales orgs

• DONE4U LEADGENS

Top 75 Best Future Business Ideas For 2024-2030

March 21, 2024

86 Comments

Top future business ideas include:

• Local lead generation of small businesses
• AI-powered personal shopping assistance
• Space tourism
• Boat & helicopter tourism
• Artificial infrastructure
• Internet infrastructure
• IoT (Internet of Things)
• Minority Business
• Fitness Tech

Launching a traditional business nowadays is challenging because of stiff competition and the expertise of established businesses. Opting for Amazon FBA, dropshipping, or even POD can cause difficulty standing out in the market and will require a considerable amount of work. This article presents 75 futuristic business ideas for you to explore, with many of these ideas being AI-assisted. According to the CompTIA IT Industry Outlook 2024 report, 22% of firms are actively integrating AI across diverse technology products and workflows, while 33% are partially implementing AI. Additionally, 45% of firms are in the exploration phase of AI adoption. It indicates a significant potential for AI-powered businesses.

But there is a silver lining, even if you have to look pretty hard to find it. Because with tragedies come great new opportunities. But if you found this page, you probably realize that, so you're looking for some hot, new, unique business ideas and top business trends for 2021 so you can stay ahead of the curve.

Maybe you've come across a top ten list of growing businesses of the future. But I'll do you one better--I got 75.

Get to know the top business trends of 2021 before they pass you by.

But first....a lil' bit about me.

I've already started living in the future-since 2014-building a business by leveraging the power of the internet.

Went from a beat up car to a new Tesla P100D all while working from home on my laptop.

Few months ago, I moved to this apartment in San Francisco.

All because I took  this lead generation coaching program  back in 2014, that taught me how to build & rank sites like these that generate leads (customers) for local businesses.

grandrapidstree.com  ranks at the top of Google if you search  “tree service grand rapids mi”  (Google it yourself, at the bottom of the site it’ll say “Ippei Leads”)

Generates 250 phone calls for my client every month.

When this ONE site makes me $2000 per month on autopilot since 2015, which is just as much money I used to make for an entire month of working 40 hours per week….

Its 100% my favorite business model, click below for more info.

I'm logging my journey on my Instagram  here  

Yea things are getting pretty weird…

When a video gamer who calls himself "Ninja"...

is making more money than a lot of professional athletes…

...yup, things are getting ultra strange.

But are you the type to sit on the sidelines and reminiscence about how things were in the past?

Or are you here to embrace the fact that with great changes come great opportunities?

Every business on my list has to meet the following criteria:

• The business has to have the potential to make you a Millionaire
• The business is trending upwards in popularity & usage
• There’s a potential to automate/outsource the business so that most of it can run on its own

It's a simple list but very important because there’s so many businesses out there that one can start but not all businesses will actually lead to a better quality of life.

This is a list of business opportunities that are all showing the right signs and they should really crush in the next decade. I mean if 2020 taught us anything, it's that we need the best future proof business ideas out there if we want to keep our heads above water during rough times.

**Buzz Lightyear voice** to 2021 and beyond!

1. Lead Generation for Small Businesses (Our Top Pick)

This is literally a life changing business idea, and I'm speaking from experience.

I got into it in 2014 and still building it in 2021.

I’ve made money with Amazon FBA, Shopify Dropshipping, Affiliate Marketing but I still find this lead gen biz to be the most lucrative & stable long term.

In the video below, I explain why it's so easy to get clients to pay us month after month in this local lead generation business. Results in advance is what makes this model better than any other form of digital marketing businesses . (including social media marketing)

Yea once you grasp this concept and master this skill.

You should never have money problems.

Small businesses aren’t going anywhere anytime soon.

Neither is the internet.

From 2020 to 2030, online marketing (especially generating traffic from Google) is going to become the single most important thing for small business owners.

Yet they don’t have the time to master this skillset themselves.

There’s 30 million small businesses in the US alone.

You found this site because I know how to rank in Google.

That’s a skillset that not too many people have.

Having valuable skills others don’t have is what sets you apart in entrepreneurship.

We have 6000 students in our group.

Here's Facebook testimonials of 6000 students doing lead generation:

Opt-in above and we'll show you exactly how this business model works. 

It's been successful since 2014 and still going strong in 2021 even during COVID-19 quarantine. Not only is it the best business idea to make money, but it's the best future oriented business idea out there. If you've found something you think is better, please drop a comment below. No shade, I would truly be interested.

2. AI-Powered Personal Shopping Assistance

AI-Powered Personal Shopping Assistance uses artificial intelligence algorithms to offer tailored product recommendations and assistance to online consumers. It enhances the shopping experience and increasing sales conversion rates for businesses. By analyzing user data such as preferences and past purchases, these AI systems provide personalized guidance throughout the shopping journey. It leads to higher customer satisfaction and loyalty. According to a Statista report, 35% of surveyed consumers found AI-powered shopping assistants interesting as they helped in discovering new products or services. This statistic underscores the growing interest and potential impact of AI-powered shopping assistants in guiding consumer purchasing decisions and facilitating product discovery in the e-commerce landscape.

3. Space Tourism

Technology has opened up the window of possibilities for human recreation and research.

Space travel and tourism are close to becoming a reality.

By 2029, this UBS report estimates that space travel will be worth over $20 billion while space tourism is expected to pull in nearly $3 billion .

Testing is still very new, but advancements continue to be made to expand the reach of this industry. 

Humans have been naturally curious about space since...I dunno...the beginning of time?

So even if you're looking for a great future business idea for 2050, something related to space will be a safe bet.

4. Boat & Helicopter Tourism

Who doesn’t want to explore their new vacation spot by sightseeing on a helicopter or taking a scenic boat ride?

Not only are you expanding the local offerings a tourist has access to, but you’re also providing a unique experience that will definitely create lasting memories.

High upfront costs revolve around purchase of the boat or helicopter, while also factoring in the hiring of staff if you don’t plan to obtain licensure to handle a boat or helicopter.

A costly endeavor, ensure your success by adhering to a few fundamental factors such as:

Business organization

Location-location-location

Aircraft or boat selection

Operational compliance

Applicable certifications & insurance

Marketing & branding your enterprise

This article offers additional information on how to start a helicopter sightseeing business worth reading.

5. Robotics

Robotics will be huge in our future.

With each passing year, robots become more and more impressive.

Mass automation hasn’t happened yet, but it’s pretty much inevitable at this point.

People will lose their jobs.

Entire industries will die.

But there will always be ample opportunities for entrepreneurs that can take advantage of the situation.

There are almost endless applications for robots in our current world.

And that means that robotics is one of the best industries to start a business in 2021.

Robots can be used in cleaning, construction, entertainment, and even warfare.

People who understand robotics are going to be in high demand.

Robot repair, diagnostics, and maintenance are all areas with massive potential.

6. Artificial Intelligence

Artificial Intelligence ( AI ).

Machines programmed to think and act like humans.

The future of this industry is staggering.

AI is a $39.9 billion market slated to see a CAGR of 42.2% from 2020-2027 as per this post .

AI differs from robotics.

AI concentrates on programming intelligence as opposed to building physical entities as per this publication .

As AI becomes more advanced, it will continue to impact industries across the board.

Industries currently implementing AI, as evidenced in this article include fields like:

Industries Currently Implementing AI:

Healthcare & Education

Government & Politics

Manufacturing & Transportation

Banking & Finance

Factors driving the market, as outlined in this post , include things like affordability-automation-faster connectivity-and increased productivity.

Artificial intelligence is here now.

And this future business idea is guaranteed to see tremendous growth and economic opportunities well past 2021. 

7. Internet Infrastructure

The pandemic has confirmed that American's internet bandwidth requires a serious overhaul.

Businesses are restructuring and have subsequently increased their online interactions.

This massive rebuilding has created a growing need for advanced internet infrastructure.

Projected to see a growth rate of 2.2% between 2020-2025, the expected generated revenue of this massive conglomerate was estimated to be over $37 million by the end of 2020.

Internet infrastructure interconnects internet users, allowing them to communicate with anyone in the world.

Companies looking for viable solutions to address their internet demands can operate what is referred to as high-capacity backbones .

This is the process connecting Network Access Protection ( NAPs ) on a global scale-meaning business owners have control over their computer's overall health and associated policies.

There are several benefits for a business who chooses to own their internet infrastructure, such as:

Benefits  Of Internet Infrastructure For Business Owners:

Scalable & Effecient

Cost-Effective (Pay-on-Demand for Services)

Location Independence

More businesses will conduct daily interactions online, driving the demand for an affordable and effective solution like internet infrastructure.

This one safely lands a spot as a great technology business idea through 2030.

8. IoT (Internet of Things)

What if you could harness a top future business idea with endless possibilities and profitability?

Interested?

Then you may want to consider The Internet of Things ( IoT ).

A system of interrelated and internet-connected commodities.

IoT collects and shares data using a wireless network with no human intervention.

According to this article , the IoT market is expected to reach $136 billion globally , with a CAGR of 12.5% by 2021.

Embedded technology allows organizations to reduce operational costs-increase efficiency-scale productivity-and minimize human mediation.

Factors contributing to IoT expansion as per this post include things like:

Development of Advanced Wireless Technology

Higher Wi-Fi Penetration

Increased Demand for Wearable Devices

Heightened Adoption of Cloud-Based Platforms

Rise In Smart Homes & Security Systems

As the world becomes more dependent on automation-AI-internet-and cloud options, there is nothing but growth potential for the IoT industry.

This article offers suggestions for launching an IoT business.

An idea that's sure to be a highly fortuitous business model.

9. Minority Businesses

The journey has been slow and arduous.

But 2020 offered hope as  BLM  swept across the globe.

We won't change racial barriers overnight.

But it's about time that people realized that minorities are some of the greatest drivers of creative small business ideas.

And with adequate changes and more attention, business owners can hit it big time like Fenty (pictured above) a trail blazer for minorities.

Fenty is using images of people from every ethnic group.

Embracing inclusivity in business.

But more needs to happen collectively.

More discussions about the problems.

Acknowledging the need for drastic change is-at the very least-a start.

We need more minority entrepreneurs.

Investing and mentoring an underrepresented portion of our population- minority businesses are part of positive and productive future change.

The beauty industry has already begun embracing this concept with hair and make-up.

But we need to do better.

We need to be better.

By investing in minority-owned businesses, we can begin to close the gap in racial wealth.

Build up communities and generate economic opportunities for everyone.

Check out how  Fenty  is embracing change to get an idea of how you can adopt this  top future business idea .

10. Fitness Tech

Sleekly designed earbuds, a mini smart-watch with multiple functions--consumers are always looking for the latest advancements to their workout gear and equipment. 

People are constantly on the move. Making it possible for consumers to fit daily workouts conveniently into their crazy schedules closes another barrier to a healthy lifestyle.

Strava is a top contender in the fitness tech industry.

With over a million subscribers -they offer free mobile apps and online website support.

From workout plans and recording methods-Strava is connecting athletes around the world.

Mobile fitness apps related to exercise and diet are some of the most popular apps downloaded from the Apple store according to Statista’s recently updated article , accounting for 3.31% of the app market share.

11. Start Biohacking Clinics

Biohacking clinics offer cutting-edge genetic engineering and longevity treatments. It leverages advanced biotechnology to enhance human health and well-being. Biohacking clinics play a crucial role in providing individuals with access to innovative treatments and therapies. It empowers them to take control of their health and unlock their full potential through personalized biohacking interventions

According to Kaspersky, 63% of respondents across 16 countries expressed openness to human augmentation, which is closely related to biohacking, to alter a feature of themselves. This study surveyed close to 15,000 adults. It highlights a significant interest in biohacking-related technologies among the global population.

12. Online Medical Supply and Equipment Provider

The medical field has remained somewhat untouched throughout the years by the invisible hand of the market while Internet use has soared. As long as humans experience sickness, it ain't going anywhere. So trying to get in on the best future business ideas for healthcare is definitely a smart move.

Healthcare providers and medical patients are in constant need of various types of supplies, often on-demand and with short notice.

The types of medical equipment often in high demand include gloves, bedpans, canes, exam kits, and more.

Though Amazon controls a large portion of the online medical supplies market, there’s still room for other competitors in niched medical markets, as other retailers reported a 16% growth increase in 2017 alone.

You can always connect with invisibledefender.com and hook up as an affiliate to grab a piece of this lucrative opportunity if this suggestion grabs your attention.

13. Online Therapy 

Better Help is transforming how people connect with professional support in these uncertain and stressful times and is a recognized leader in online counseling.

Online and virtual counseling  and therapy was a concept in its infancy stages pre-pandemic.

But COVID-19 has drastically expedited the process.

The pandemic has played a fundamental role in the upsurge of available online therapy options as per  this article .

Quarantines-lockdowns-and limited social interactions have caused distress for many.

Self-isolation-mental health issues-substance abuse-addictions.

The cure has been nearly as devastating as the disease.

The solution?

Online therapy and mental health apps like those listed in  this post .

Connecting people to qualified and trained therapists or counselors with a variety of options like video chat and text messaging

Effective as traditional therapy at a fraction of the cost.

A competitive playing field evidence suggests that online therapy has the stickiness to remain a viable option long after the dust from this pandemic settles.

This  $259.9+ million  industry is expected to see a  CAGR of 24.65%  from now through 2026, as per  this post .

The competition might be there-but clearly so is the demand.

14. Blockchain Health Record Digitization & Sharing Company

Blockchain is a digital record of transactions.

An open and dispersed ledger able to record contracts securely and effectively.

When implemented in the healthcare sector-blockchain allows patients and medical professionals to connect with other hospitals and medical centers.

Individuals can collect medical data automatically for a specified period.

Blockchain negates the growing concern over misplaced or mishandled patient records and inefficiencies.

It adds a layer of security to address the rise in data and security breaches.

Expected to see a CAGR of more than 70% from 2020-2027 as per this post .

There is no doubt that blockchain will play a vital role in the future of the healthcare system.

Factors driving market growth, as outlined in this publication , include things like:

Increase In Information Leaks & Data Breaches

Growing Need For Efficient Health Data Management Systems

Reduction Of Drug Counterfeits

Need For Better Recording of Health Care Systems & Medical Examination Systems

By leveraging blockchain technology, the healthcare system will be better positioned to reduce any altering of data.

Be better equipped to maintain data integrity and management.

This article offers further insight into how blockchain technology will transform the healthcare system moving forward.

15. Chatbots

You’ve most likely communicated with a chatbot before without even knowing it.

That’s because more companies are taking advantage of chatbots to handle minor customer service interactions quickly and personally.

Testing and research have made them more human-like and intelligent.

The outlook for these mini assistants balloons to massive figures like an expected 136% growth rate over the next 18 months alone!

If you are going to invest in the effort to design and implement a chatbot, hitting up the ideal clientele to get optimal cash for your hard work is imperative.

Consider connecting with some of the following companies to get the highest ROIs on your investment:

Marketing agencies

Gyms & fitness centers

Insurance agencies

If chatbots are your thing, check out this post on how to build a passive income with your creations and generate a fortuitous business for yourself.

16. Robotic Pet Companions

Robotic Pet Companion are AI-driven companions designed to provide companionship and support to individuals. They offer interactive features and emotional support akin to real pets. ElliQ is a robotic companion that releases their first project. Their participants averaged about 30 interactions a day that surpasses the goal of 10 or more. Moreover, 100% of users found ElliQ useful and experienced improvements in wellness. Additionally, 91% reported reduced loneliness.

17. Micro-Mobility Services

If you have ever been stuck in traffic or need a lift to the nearest public transit, you may want to sit up and pay attention.

Micro mobility refers to any 'vehicle' that can carry one or two people and is compact enough to squeeze through even the worst congestion.

Think scooters, electric bicycles, and small battery-operated cars.

The created forecast for micro-mobility is estimated to be worth approximately $200-$300 billion by 2030 in the United States alone.

Not every American has the financial means to purchase their own micro-mobility vehicle, opening up a massive market for rental options and vehicle-sharing schemes.

Utilizing mobile APPs, potential customers can locate, unlock, and pay for the use of a rental.

There are numerous advantages to capitalizing on the rental micro-mobility market and include:

Better connects people with public transportation.

Reduces the need for 'full-size' vehicles, thus minimizing congestion.

Reduces greenhouse gas emissions.

Short-range journey alternative.

The income potential in this industry is only just beginning as evidenced in this publication . 

The documentation supports that this market will continue to see a high-demand, suggesting that this is one of the best future business ideas for 2020-2030 .

18. Personalized AI Tutors

Personalized AI Tutors are AI-driven educational tools designed to adapt to individual students' learning styles and pace, providing tailored learning experiences. It utilizes advanced algorithms to offer customized learning materials and adaptive feedback, helping students achieve their academic goals more effectively.

The Pearson survey revealed that 63% of teachers believe that AI has the potential to customize education to meet the unique needs of individual students. Moreover, 47% of students stated feeling increased motivation when using personalized AI tools for learning, with 42% reporting enhanced academic performance.

19. Quantum Computing Consulting

Quantum Computing Consulting offers expert guidance and solutions for businesses aiming to leverage the transformative power of quantum computing. According to PwC, startups dominate the quantum computing landscape (40%) and universities (33%), showcasing the diverse array of players driving innovation in this rapidly evolving field. Additionally, Statista highlights a significant advancement in quantum computing technology, with the number of qubits in quantum computers increasing from 2 in 1998 to 128 in 2019. It showing the promising trajectory of this groundbreaking industry.

20. Nanosatellites

We want better.

We want faster.

We want more affordable.

From government organizations to educational institutions and entrepreneurial startups-people want the best model for the lowest price.

Nanosatellites are the ' small-sat' answer in a fast-paced technological trend to get data quickly for a fraction of the cost.

The global nanosatellite market is expected to reach $6.35 billion by 2021, as per this post .

Slated to see a CAGR of 18% from 2020-2025 as per  this publication -nanosatellites are one of the hottest new fads of space technology.

So what's driving this futuristic trend?

Things outlined in this article like:

Contribute to significant advancement in technology

Increased demand for low earth orbit ( LEO )-based services

Rise in the appeal for earth observation related applications

Need for non-governmental related satellite imagery

Conducting business in the final frontier has never been more affordable or accessible.

This top future business idea 2020-2030 will be next level.

Check out this article outlining how and why unique startup ideas in the space sector are one future venture capitalist suggestion worth investigating.

21. 3D Printed Organs

3D printing organs present a groundbreaking advancement in medical technology that offers a promising solution to the critical shortage of donor organs. By harnessing the capabilities of 3D printing technology, researchers and medical professionals can create customized organs tailored to individual patients, significantly reducing wait times and the risks associated with organ rejection.

According to the federal Health Resources and Services Administration, nearly 106,000 Americans currently on waiting lists for organ donations and an alarming 17 deaths occurring each day while awaiting transplantation. The demand for viable organ replacements is urgent and pressing.

22. Ghost Kitchens

You may recognize this face from the Food Network.

Rubbing elbows with the likes of Guy Feiri and Alex Bornacello.

But you may not know that Eric Greenspan isn't just a kick-ass chef.

He is a business-savvy investor and one of the founding fathers spearheading the ghost kitchen phenomenon.

COVID-19 has all but annihilated the restaurant industry.

But during a crisis you have three choices.

Fight-****-or hit the fence.

And for chefs and restaurateurs they are choosing to fight.

Enter the ghost kitchen.

Also referred to as the dark kitchen-virtual restaurant-or cloud kitchen as per this article -the goal is consistent.

Utilize online ordering to stay afloat during the pandemic crisis.

It's all about the digital realm.

Virtual brands are created solely for the purpose of delivery.

There isn't a brick and mortar establishment.

Ghost kitchens can be set up anywhere.

Negating the need to pay for staffing-utilities-etc. as outlined in   this publication .

Foodie entrepreneurs are banking on the increasing popularity and trend of online delivery.

And are willing to take a chance if it means staying out of the red. 

Check out   this article   for the inside scoop on starting a ghost kitchen

23. Electric Car

Whether you believe in the hype or not, the reality is that electric cars will become the default vehicle of the future. 

Made for longevity and environmental sustainability, electric cars help decrease the use of fossil fuels and toxic fuel emissions.

They’re also super technologically advanced.

To prepare for the new wave of electric vehicle ownership, small business owners can capitalize by setting up charging stations, opening an electric vehicle garage, and even renting out electric vehicles.

24. Virtual Medical Appointment System

While big hospital systems drop millions of dollars perfecting their online booking platform, smaller clinics and practices don’t enjoy this luxury.

This is more detrimental than you think.  

An article published by the Pittsburg Post Gazette in early 2019 claims that the healthcare system as a whole has lost over $150 billion in a single calendar year due to appointment no-shows. 

Imagine how much impact this has on independent hospitals and clinics.

Developing a reliable, interactive, and affordable online medical appointment system can help these small businesses fine-tune their patient notification and follow-up processes. 

It’s an innovation that’s very high in demand and will continue to expand as the new decade progresses.

25. Personal Service Bots

Personalized service robots are cutting-edge machines designed to cater to individual needs across various industries. It offers customized assistance and support. These robots are equipped with advanced AI algorithms and sensory capabilities that enable them to interact intelligently with users and adapt to specific tasks, whether in hospitality, healthcare, retail, or other sectors.

The data from the International Federation of Robotics (IFR) annual World Robotics 2023 report highlights the increasing demand and potential in the personalized service robot sector. Sales of service robots for professional use surged to 158,000 units in 2022, representing a substantial 48% growth compared to the previous year. This surge in sales reflects the increasing adoption of automation technologies by businesses worldwide.

26. Business Process Outsourcing Services

Today's market is uber-competitive.

Companies looking for an edge are embracing ways to minimize costs and increase productivity.

Enter Business Process Outsourcing ( BPO ).

Projected to grow by $108.3 billion with a CAGR of 6.2% per this post -BPO is a hot futuristic trend sure to secure massive payouts.

BPO refers to outside-third party service providers who are retained to address specific functions for a particular business.

Of course, there are pros and cons associated with this concept, as evidenced in this publication , including:

Cost-Effective 

Customized 

Improved Efficiency & Scalability

Access Specialized Skills

Security Issues

Strategizing Effectively 

Adjustment Period for Employees

Unexpected Costs 

BPO offers a plethora of opportunities for business owners looking to maximize their growth potential and crush the competition.

27. Eco-Friendly Packaging Solutions

Eco-Friendly Packaging Solutions encompass a range of innovative approaches aimed at reducing the environmental impact of packaging materials. These solutions prioritize sustainability by utilizing biodegradable, recyclable, or compostable materials, minimizing waste generation and pollution throughout the product lifecycle.  The 2023 Buying Green Report, launched alongside Earth Day, indicates a growing trend: despite global inflation causing consumer prices to rise significantly, people are increasingly open to paying extra for products packaged sustainably.

Overall, 82% of respondents expressed a willingness to spend more on sustainable packaging, a four-point increase from 2022 and an eight-point rise since 2021. This underscores that, despite economic challenges, environmental concerns remain a top priority for consumers. Particularly, younger individuals (aged 18–24) are even more eager, with 90% expressing willingness to pay extra for sustainable packaging.

28. Cloud Migration As A Service

Hybrid cloud is the new normal.

We've had to make a lot of adjustments in 2020.

Some not so great.

But cloud migration as a service is one  top future business ideas 2020-2030 . And if you ask me, this is a really innovative business idea for students. They can just learn some skills, hop onto that laptop they're already glued to anyway and put it to good use.

This is an idea that can give much-needed assistance to business owners as they continue to navigate through the unchartered territory of remote and work from home mandates.

Cloud migration refers to the process of moving digital assets.

Think things like data-workloads-IT resources-etc.

This migration allows employees to securely access workloads without the risk of security breaches or non-compliance concerns.

Nearly 90% of global enterprises will depend on hybrid cloud technology by 2022, as per this post .

Cloud migration offers numerous benefits to business owners, as evidenced in this article .

Things such as:

Scalability & Automation

Cost Effective & Remote Collaboration

Integration & Storage

Cloud migration as a service assists business owners in shifting their assets safely-securely-and aggravation-free.

Companies offering bespoke solutions that minimize downtime and disruption will see substantial profitability with this futuristic idea.

Check out this link to see how this company is selling its services.

29. DNA Analysis

Human beings are kind of obsessed over the double helix structure that contains our entire genetic blueprint.

With the explosion of services like Ancestry.com and 23andMe, over 26 million consumers in 2018 alone jumped at the chance to have their genetic structure analyzed.

People want their DNA tested for so many reasons and you can capitalize on them all.

Find familial relations spanning generations or find the perfect skincare serum-- the possibilities are endless.

30. Biometric Sensor & Security Company

Efficient, effective, and secure are instrumental aspects to conducting business in 2020. 

Biometric sensors check off all of the boxes.

Biometric sensors are used to collect biological characteristics of individuals-think things like voice recognition, fingerprints, facial images, iris identification, etc.

Any human psychological or behavioral characteristics will do the trick in assuring that the biometric sensor can identify and verify for authenticity and security purposes.

100% automated, the biometrics market is worth over $16 billion and projected to see a CAGR of 35.5% between 2020-2025 .

There are both advantages and disadvantages to this system, such as:

Automated calculation of employee hours reduces paper and manual tracking systems saving companies time and money.

Allows physical access to buildings, internal resources, and computer systems without the risk of a security breach& strengthens existing security systems utilizing password only measures.

The initial set-up costs are significant.

There is still a risk of data breaches-hackers have a lot of time on their hands.

Limited privacy for users.

The future is technology-based, which will only compound the need for security and authenticity.

Evidence supports that biometrics will become the new norm for things like access to personal or medical records, travel documents, taxes, and signatures as per this post .

Get in on this action now by starting up your own enterprise and you will see enviable ROIs by 2030.

31. DDoS Cyber Attack Prevention Security Company

DDoS is a malicious endeavor to disrupt the traffic to your computer server or network.

The goal of a DDoS (denial of service) attack is to make your online service unavailable to your customers.

By flooding your service with bogus requests legitimate traffic is impeded from accessing your website.

Not nice and more than a little disruptive for business owners.

DDoS attacks can also be costly to eradicate, so the company's losing potential customers and out of pocket to repair the damage.

DDoS cyber-attack prevention security companies can stop these jerkes in their tracks.

The DDoS protection and mitigation market is expected to hit $9.10 billion by 2025.

With a CAGR of 24.9% between 2020-2025, this is the time to get crackin.

The number of attacks is growing, and more business owners and individuals are being proactive by enlisting the professional services of a DDoS security company which handles the following:

Improved flexibility that blends in-house and third-party resources like cloud and dedicated server hosting.

• Establishes security infrastructure components.

Implements rate-limiting-meaning the server will only accept a predetermined number of requests within a designated time frame.

Stops attacks within minutes, minimizing any disruption to your business.

Cleans up the mess and reroutes legitimate traffic to your network. 

This article outlines the benefits and types of DDoS cyberattacks and how a prevention security company can not only mitigate the potential derailment but save business owners time and money.

32. Privacy Protection Firm

Every time you share your personal information on the internet you place your privacy at risk.

Unfortunate really given that these days we are conducting most of our lives online.

So how can you protect yourself and your loved ones?

Utilize a  privacy protection  firm.

While the general consumer believes that the business or government should be held accountable for any online security breaches, as evidenced in  this article - legislation says otherwise.

As a consumer, your best course of action is to implement privacy protection measures before you ever need them.

Hence the rise in global data protection services.

Estimated to hit market values of  $103.8 billion  by 2027. 

And a  CAGR of 31.3%  from 2020-2027 as per  this post , the writing's on the wall.

Monumental changes concerning legal measures and regulations are in the cards for privacy protection concerning both businesses and consumers, as further outlined in  this post .

The timing is impeccable.

Now is the chance to launch a privacy protection firm like one of  these companies  and begin securing hefty payouts with this  top future business idea .

33. Stem Cell Therapy

The promise of great biological benefit has served to seriously blow the revenue-generating potential of stem cell therapy completely out of the water.

Experts predict that stem cell therapy will continuously experience a massive CAGR of 27.99% over the next 10 years.

The best part?

Even entrepreneurs without a medical or scientific background can reap the growing income potential. 

You can start a stem cell bank, a testing lab, or test the use of stem cells in beauty and health products or opt to invest in one of these options:

Become a distributor (affiliate) for sites like SuperLife .

Open a 'for-profit' stem cell clinic or go the mobile route to minimize costs.

Invest in stem cell stocks such as the ones in this publication .

34. Nanotechnology In Medicine

T2 Biosystems is a leader in the field of nanomedicine.

This $184.8 million USA owned company is on a mission to revamp existing therapies and provide better diagnostics in areas like hemostasis and Lyme disease.

So what does that look like?

Atomic and molecular scales.

Nanotechnology is all about understanding the construction and combining of matter.

Think-science + medicine + engineering and computing + robotics.

The result?

Nano scaling that evokes faster-more efficient and powerful treatments.

Globally, the nanotechnology market is expected to achieve values of $126.8 billion by 2027 as per this publication .

That's a CAGR of 12.9% over the predicted period.

Profound growth in an area of study that can improve specific cells-tissues-and save lives.

Nanomedicine encompasses several key elements as per this post , including:

Imaging & Diagnosis

Delivery of Drugs

Treatment of Diseases

Prevention of Health Issues

The possibilities are endless.

And we haven't even hit the tip of the iceberg with regards to nanomedical developments.

This site represents another company currently in the field to give you a lay of the land with this future business idea.

35. Cryobank

Who knew that the act of reproduction could become a money-making venture?

I mean, I guess it makes sense.

Since sex sells and all that.

People pay hundreds of dollars for high-quality sperm samples so the safe storage of sperm is incredibly valuable.

Competition among sperm banks is low so you’d be in the right space to turn a profit.

But you’re going to need some considerable funding and meet certain state requirements before you go all-in with cyrobank .

36. Skincare Spa & Clinic

A flawless complexion and pure relaxation-- spas are well known for providing comfort and a taste of luxury.

They’re the ultimate retreat for everyday Americans and are even becoming more common places to frequent for younger groups.

ABC reports that the spa industry grew 21% per year in just the last 5 years.

Considering that skincare boasts $183 billion in revenue, joining these two powerhouses together has unlimited potential.

37. Marijuana Cigarettes

We all know that in recent years, marijuana has become a more widely accepted drug.

Among the top 10 small business ideas, this is perhaps one of the more popular notions – and its popularity in futuristic business ideas continues to grow every nearly daily.

In many states, weed is now completely legal – even for recreational use.

The same is true for the entire nation of Canada.

With legality comes the inevitable shift towards mass-production.

Soon enough, people will be buying marijuana cigarettes at the gas station just like regular tobacco cigarettes.

Tons of big companies are jumping at the opportunity to mass produce marijuana.

Make no mistake-there’s a lot of money to be made here.

You could cash in by creating your own marijuana cigarette company.

Think about it.

How many different brands are there which produce tobacco cigarettes?

Surely there will be room for your marijuana cigarette brand on the shelf of every gas station.

But in order to become a competitive player in the game, you’ll need to figure out how to grow or source marijuana on a massive scale.

Start your business now, and you could be competing with the major brands by 2030.

38. Senior At-Home Care

Allowing your loved one to retain their comfort and independence matters immensely.

This helps bypass common concerns about the level of care and compassion your family member will receive.

As nursing home costs rise exponentially and become more overcrowded, at-home senior care is the best alternative for seniors who are still functional.

These service providers send trained staff to assist seniors with medication, appointments, and other household duties.

They are also trained on how to work different types of equipment a senior may need for use.

When doing cost comparisons, most families end up saving tons of money by hiring a home health aide so this business model supports families from all backgrounds and situations.

By 2030 one out of five Americans will be 65 years or older as per these stats opening a plethora of opportunity senior at-home care businesses like:

House cleaning & errands

Non-medical in-home care

Money management & financial planning

Medical claims assistance

Nutrition & fitness consulting

Property management

This article offers a comprehensive list of senior at-care home business ideas for 2020 that are sure to be lucrative ten years from now.

It's time to take action if you want to beat the rush and maximize your earning potential with this best future business idea .

39. 3D Home Building

Depending on where you’re from, tiny homes are either innovative and cute structures that offer the chance of homeownership or miserable representations of the severe outpacing of wages to housing costs.

Either way, constructing entire homes using just a 3D printer just screams ‘futuristic’ and you can get your hands dirty by getting directly involved in the market.

Perfecting a standard prototype that’s durable in harsh weather conditions and sustainable to live in is key to this industry’s continued growth.

Using this technology, a business could completely transform the availability of affordable homes.

40. Home Sharing

Who can afford?

Housing prices continue to spike in the United States and around the globe.

This has created an increasingly limited supply of affordable housing, as evidenced by this publication .

And there's no end in sight.

Share housing is an investment that will pay dividends as long as you own the property.

And will help negate the continued demand for economical lodging.

Share houses offer shared spaces like bathrooms-kitchen-and lounge areas with private bedrooms for each tenant.

There are several benefits to share houses as per this post , including:

Lower Housing Costs

Assistance With Chores & Emergencies

Uncomplicated Way to Embrace Independent Living

As the owner of a share house, you'll be compensated every month.

Cover your mortgage and property taxes.

And allow individuals struggling to secure affordable accommodation a cost-effective solution.

41. e-Commerce 

The world as we knew it is no longer.

Everything is moving online, and for business owners, you either need to pivot or run the risk of being left behind.

US consumers will spend over $709 billion on e-commerce this year alone, representing a growth rate of 18% and slated to hit $4.9 trillion by 2021.

E-commerce is the retail markets tomorrow.

With rapid advancements to technology-think smartphones, social media platforms, websites-interactive experiences-including shopping are online.

The beauty of e-commerce is that you don't even need to make or own the products you sell.

You can utilize dropshipping.

This article I recently published explains how this system works in detail.

Alternatively you can opt to become an affiliate.

Hit up sites like invisibledefender.com and sell B2B or B2C using your website and e-commerce store as a selling platform.

The financial benefits of harnessing e-commerce are staggering.

Consider this:

• Elevated business reach
• Higher ROIs

More search engine traffic

Flexible-scalable & profitable

Easy to track 

Logistically solid with automated product delivery systems

The time to get online is now.

By 2030 the majority of shopping will all be conducted digitally.

Consumers will use a brick and mortar establishment as an experience.

These types of businesses will have to make significant changes such as specialization and price reductions if they hope to stay in the game as per this post .

42. E-Commerce Inventory Management

Yep we get it.

E-commerce is blowin the roof off.

But what we also know is that there have been some serious kinks in the supply chain and logistics end of things.

This top future business idea 2020-2030 is large-scale.

But if you have the capital and play your cards right, you stand to make big coin with this suggestion.

Companies like CH Robinson are an e-commerce inventory management and warehouse firm becoming the answer to prayers.

This 3PL and supply chain company managed almost $20 billion in freight and $18 million shipments per year as per this post .

If you can establish a smart solution for contract carriers.

And a simplistic online shopping experience for customers you've hit pay dirt.

E-commerce is here to stay.

Provide a solution to an ever-growing problem, and this lucrative business venture will be well worth the investment.

43. Wind Energy

These days, wind power is becoming more and more viable. And that’s a trend that will probably continue well beyond 2030.

In certain areas, it’s possible to run entire towns on wind power alone.

Wind farms sometimes produce more power than they actually need.

In this case, it’s possible to sell the excess energy to the government or other sources for increased cash.

It’s definitely a profitable business to get into, and it should become more and more in demand as time goes on.

44. Biofuel Production

LS9, Inc. is a first-generation biofuel startup.

This American company is currently developing patent-pending UltraClean fuels and sustainable chemicals using synthetic biology as per  this article .

Privately held, they have eight active team members-five investors, and funding of $75 million as per  this post  and are considered a leader in biofuel production.

A futuristic product-biofuel production is next level.

It can be used for vehicles-in industry applications-and replacing existing energy sources, as evidenced in this publication .

Considered a sustainable fuel-biofuel is any material derived from biomass as per this post .

Biofuel production is slated to see annual growth rates of 11.8%-15.3%.

Currently valued at  $23.9 billion globally , the biofuel production industry is not without controversy.

There are a few pros and cons to biofuel production, as evidenced in this publication and include things like: 

Green Energy

Renewable & Sustainable Energy Source

High Availability & Low-Cost

• Scalable & Flexible

Inefficient & High Investment Costs

Increase in Greenhouse Gases & Uses of Pesticides/Fertilizers

• Heightened Cost of Food

Large Land Masses Are Required & Deforestation Is A Possiblity

Whether you choose to invest or launch a start-up like the businesses outlined in this article -biofuel will likely become an integral part of our future.

And with it will come substantial ROIs for those who were willing to pursue this top future business idea.

45. P2P Lending Platform

The days of relying on credit scores and secure loans through financial institutions are numbered.

With alternative lending platforms like P2P (peer-2-peer) lending, individuals and business owners can take the big banks out of the equation when looking to obtain financing.

P2P lending has been around since 2005.

A highly monitored industry with strict government regulations and minimal knowledge of the process from the general public created sluggish beginnings, but as more Americans look for loan substitutes, this industry is becoming commonplace.

The P2P lending market brought in $67.9 billion in 2019, and evidence suggests that it will hit $558.9 billion by 2027 .

That's a projected growth rate of 29.7%-31.8% from 2020-2027, and it stands to reason that demands will continue to rise well beyond the forecast date.

There are already some big players in the P2P game.

Sites like Prosper , LendingClub , and StreetShares are dominating specific facets of the industry.

Branching out on your own will take capital, persistence, and a bank to service your loans.

For optimal success with a P2P lending platform, pay close attention to the following:

Your P2P lending website links borrowers with investors were you set the rates, terms, and transactions (this is part of how you make your $$$).

Determine your commission, origination and late fees, and any costs associated with default payments.

You can charge the lender-borrower or both (again, this is a way to generate income with your platform).

There is a ton of potential in this industry-the show is really just getting started.

You can opt to run your own production or connect as an affiliate with one of the players already mentioned.

If you think you want a solo act, check out this article , outlining the steps required to launch a P2P platform, and design a website customized to generate business-linking borrowers to potential investors.

46. Veterinarian Business

Pet ownership is more popular than ever in 2020, and it shows no sign of slowing down.

The pet industry is growing extremely quickly and is worth many billions of dollars per year ( $90 billion to be exact as per this post ).

While plenty of businesses revolve around pet grooming, food, and toys, there will always be a high demand for skilled vets.

People who have a strong connection with their “fur babies” want to ensure that their pets live as long as possible.

Vets can charge high fees for even routine surgeries, and pet owners have no choice but to accept.

That’s why starting up a Veterinarian practice is one of the best future business ideas for 2020-2030 , and it seems almost guaranteed to succeed.

47. Crowdfunding Platform

I’m raising $50,000 to start my salon business!

The world is now more connected than ever, as even complete strangers can help someone in an entirely different country raise the necessary funds to start a business, go to school, buy a car, pay for a funeral, and so many more possibilities.

Crowdfunding platforms like GoFundMe have helped countless people raise money in this manner. 

You can have the same impact by creating your own crowdfunding platform based around a chosen niche such as helping others raise money to take the jump into entrepreneurship, helping start-ups secure funding, or just helping families down on their luck.

48. Online Car Dealership

People are always going to need cars (even if they’ll be flying to work on their jet-pack in the next twenty years).

But the car-buying process as a whole has made a dramatic shift.

The thought of visiting a car lot, chumming it up with a sleazy car salesman, and wasting hours without the guarantee of driving away in something-- yeah, I wouldn’t want to do that either.

With the click of their mouse, users are able to view inventory, inquire more about cars they’re interested in, apply for financing, and then the icing on the cake-- their brand new car is delivered straight to their home.

If you think people would hesitate, the numbers are surprisingly astounding with a Washington Post article claims that over 53% of consumers would feel comfortable purchasing a car entirely online.

49. Wallet Payment Solution

Wallet payment solutions have been slow to catch on in the United States, but this market is well on its way to becoming a national conglomerate.

Wallet payment refers to any monetary transactions made with a digital or virtual wallet.

Using a small software program, wallet payment solutions securely store peoples' payment details and make purchases ultra-easy.

American's are dragging their feet primarily because credit and debit cards are already simple, convenient, and trusted methods of payment.

That being said-wallet payment solutions are taking parts of the world-specifically India and China by storm, as per this article .

 So-it is just a matter of time before this trend takes hold.

Projected to be worth an estimated $130 billion by the end of 2020 , Gen Zer's and Millennials will create consumer confidence and embrace the change.

Here is a market with some hefty and established brands like ApplePay , Masterpass , and Chase Pay , but a little competition is healthy.

Play your cards right, and you, too, can secure profitability in an industry that will ultimately change the trajectory of the world's future.

50. Grow Meat In A Lab

As resources dwindle, the search is on for sustainably produced food.

Livestock farms are actually a pretty huge burden on the environment, as they demand large amounts of feed and water to be successful.

They also cause an incredible amount of waste and pollution.

One of the solutions that modern science has come up with is lab-grown meat.

Using stem cells, scientists are able to grow meat in a lab, using a combination of nutrients and other ingredients.

The technology is far from complete.

Apparently, it doesn’t taste very good… yet.

How new business ideas come about can be creative or funny, but the ideas come, and people hop on the bandwagon with the intent of making it successful.

But it could definitely be the future of how we consume meat.

It’s considered ethical by tons of animal rights groups, and many different companies are rushing to be the first to offer lab grown meat on a wide scale.

Throw your hat into the ring, and you never know what could happen in the future.

You might emerge as one of the biggest lab grown meat companies in the world by 2030.

There are a few pros and cons to consider before jumping in head first such as:

No more feeding and breeding cattle-making animal activists and emission-free environmentalists very happy.

• Shortening the supply chain.

Sustainability of global food systems.

Tastes awful.

Advancement to technology is required to produce on a large scale.

Consumers aren't exactly jumping at the thought of 'Frankenstein Meat'.

A lot of big financial gurus are in on the action as per  this article .

If nothing else, grabbing some stocks may be worth considering.

51. Virtual Interior Design Consulting 

Interior design is all about visuals and placement, transforming a space into a sanctuary for clients. 

With the rise of technology, you can launch an interior design business and run it from home with just your laptop, tablet, camera gear, social media, and software.

You can see the entire interior and exterior of a client’s property or office space through the lens of a camera.

Then, you can create mock-ups for your clients, send them over, and consult about next steps.

The marketing of your new remote interior design business will largely depend on social media, your website, and reaching out to current connections in your network.

52. Online Currency Exchange

In 2018, global travel and tourism generated $8.8 trillion, which was greater than the growth rate of world GDP.

More people jetting off somewhere on a plane means a greater demand for currency exchange.

Yes people, America isn’t the entire world so that means American dollars are pretty useless in the international sphere.

The money in currency exchange comes from the fees you charge clients for your service, backed by a trusted partnership with a bank. 

Using this leverage, you’ll need to create a website for your business and secure specialized software.

53. Online Library

Libraries are gold mines of free information waiting to be absorbed.

Yet the crazy part is that libraries are often underutilized and neglected institutions, as people turn to mobile apps and finding information on Google instead.

Revive the nostalgia of your neighborhood library and remodel it to match the current technological and social landscape, namely the preference for web-based content.

As with most things, niching down will be easier to manage.

Do you want to loan out books about wealth and entrepreneurship or target broke college students by offering a library of textbooks?

Charge a membership access fee alongside a book rental fee with late fees applicable and you’ve got a money-making library run completely online.

54. Car Charging Stations

Electric cars are going to be massive in the future.

Some say that all cars will be electric in a few decades.

Even now, there are plenty of electric cars on the road, from the luxurious Teslas to the humble Nissans and Toyotas.

But even though the technology has arrived, there’s still a surprising lack of charging stations.

In the future, the gas station might be replaced by the charging station.

A charging station is a place where electric cars can charge their batteries if they’re running low.

These days, electric cars can take many hours to fully charge their batteries. But in the future, charging might be a quick and easy process.

In any case, starting a charging station business could be a great move for entrepreneurs with one eye on the future.

You might choose to start small with just one charging station, and then expand into an entire nation-wide franchise.

55. IT Service & Support

There's no denying that the face of the corporate world will be digital.

As more businesses and individuals begin to rely more heavily on the internet and social media platforms, there will be software and hardware to contend with.

This need will generate an influx in demand for IT service and support enterprises.

The projected growth rate for IT services is  22% in 2020  alone, and with facets such as software development seeing upwards of a 32% growth rate, this is without question one of the  best future business ideas  to consider.

Not only will Americans need assistance with setup and maintenance, but there will inevitably be trouble-shooting issues.

The majority of the population is pretty clueless when it comes to tech stuff.

Advancements in technology around AI, Blockchain, Cloud computing, and elevated automation will leave even some of the most tech-savvy throwing in the towel.

If you are a bit of a tech nerd, then this suggestion is right up your alley.

There are several options within the IT service and support field that include:

Database Administers

IT Managers

Product Manager

Artificial Intelligence (AI) Engineer

Cloud Architect

DevOps Designer

Software Inventory

Blockchain Engineer

This is only a small piece of an extensive list.

If interested, check out this article , which provides additional suggestions and a detailed description of each service.

56. Affiliate Marketing

ClickFunnels, just sponsor me already!

All jokes aside, that’s basically what affiliate marketing is.

You promote someone’s products that you love and if someone then purchases as a result of your promotion efforts, you’ll receive a nice little check.

If the concept is eluding you, check out this article I published breaking down the steps you need to take to be successful with affiliate marketing.

This business model works so well, that 81% of businesses take advantage of affiliate marketing in some form.

This allows you to profit off of someone else’s product and testimonials without actually doing any of the legwork. 

Talk about making money in your sleep.

57. Virtual Event Planning Platform

Event planning has a new look, and it is one that is leaning more and more on virtual and online affairs.

Video streaming services eliminate geographical constraints and pandemic regulations, allowing event planners to host virtual events to a remote audience.

If event planners want to stay alive in these unprecedented times, they will need to embrace virtual events to maintain cash flow and profitability.

A few key fundamentals to executing a stellar event online include:

Understanding the needs and expectations of your audience.

Develop your format-how will you make your event unique?

Pick your platform.

Determine your venue, day, and time.

Choose a host or MC-one that can captivate your audience and keep them entertained.

Keep it short, simple, and to the point.

Event planners provide an experience in addition to a service.

With the right infrastructure, some creative thinking, and a plan to shift to online solutions, this business model will continue to earn substantial profit margins well into the future.

58. Holographic Theater

The world mourned the death of Eddie Van Halen.

A monumental loss in a year already riddled with heartache.

But what if you could watch him-or any of the greats who are no longer with us-live one more time?

Impossible?

The holographic theater industry may sound a little out-there even for the future.

But it's here now and rapidly gaining momentum.

Predicted to see a  CAGR of 27.3%  from 2020-2023 as per  this publication -companies like  Base Hologram  are setting the stage for transformation in the entertainment industry.

Using illusionary techniques-reflective surfaces-enhanced lighting systems-and special effects holographic theater creates the illusion of a live performance described in this post .

Captivating and mesmerizing-this futuristic business idea addresses many of the challenges the coronavirus has caused for the entertainment sector. 

A few areas where the holographic theater is being considered include things shared in  this article like:

Enhance business meetings

Elevate business conferences

Trade shows

Live concerts & entertainment

Check out this post for more information on how holographic theater works and the endless possibilities it procures.

59. Vertical Farming

As the population increases, farms need to become more and more efficient.

Any farmer worth the salty ground they walk on will tell you that when it comes to farming, it’s all about maximizing the amount of food you can grow in a small area.

And vertical farming could be the best way to get around that problem.

This technology is exactly what it sounds like.

Instead of growing crops flat on fields, farmers grow upwards, stacking plants on top of each other to get the most out of their space.

There are plenty of modern cities today which are investing heavily in vertical farming.

Because this method saves so much space, cities can grow their food directly in their backyard, instead of relying on nearby farms.

Starting a business that specializes in this farming technology could be a very smart move.

60. Portable/Powermat Charging Station

Most of us don’t go anywhere without our cell phones, but we do tend to forget our charging cables.

While creating and selling portable chargers isn’t exactly new, you’ll notice that many public establishments still lack outlets and phone-charging stations.

You can broker a deal with local businesses (coffee shops, eating places, book stores, etc) in your area to set up your charging stations for a monthly fee.

This cash flow could help you expand your mobile charger business to include other offerings like battery cases.

61. Smart Apparel

Smart apparel is coming to a store/ online boutique near you very soon folks.

With its surging growth rates, this niched industry is  looking to net over $4 billion by 2024.

This subsector is still new, making it fresh for innovative ideas from budding entrepreneur techies. 

If you’ve got the research and tech chops, it will be well worth it to flesh out a developing idea.

Or, partner with people who specialize in doing these things and oversee/consult.

Researchers have tested smart apparel like 3D jackets, shirts that measure heart rate and location, jackets that connect to smartphones-- the possibilities are definitely out there!

62. Tele & Video Conferencing

Have you lost count of how many Zoom meetings you have participated in over the last three months?

Get used to it people.

Without question, teleconferencing and video conferencing are the new norms on how businesses conduct interactions.

From networking and business communication, teleconferencing provides individuals from around the world the ability to maintain effective communication even during the throes of a global pandemic.

Never mind the education industry.

Imagine holding shares or  owning one of these conglomerates-looking pretty appealing now isn't it?

Do not despair. 

There is still time to get in on this futuristic business venture.

Projected to see a growth rate of 9.8% between 2020-2026 and reach a market value of over $6 billion in the USA alone as per this publication .

Tele and video conferencing not only deliver alternate options to maintain efficiency, productivity, and personalization but as an industry is appreciating at record highs as per this post .

63. VR Live Events

Can’t make the annual conference or dying to see your favorite band before their tour ends? 

Imagine being able to purchase a ticket and experiencing the event as if you were there-- all from your home.

VR would help people access live events from all over the world and generate untold revenue for those hosting the events.

Virtual events revenue is currently $78 billion, and projections suggest that this number will grow to $774 billion by 2030 as per this publication .

Everything from music concerts to conferences and exhibitions is headed in the direction of virtual execution.

There will no longer be a limit on tickets based on space when you could potentially sell millions of tickets to virtual and in-person spectators.

Though the adoption of VR for the modern world was expected to take effect slowly, no one could predict the magnitude the coronavirus would have on the world.

The unbelievable CAGR of 33.47% predicted for the industry speaks volumes about the profit potentials for businesses within this space. 

It would appear that the projected growth rate will be much higher than this.

64. 3D Printing

3D Printing is another industry that has really taken off as of late, and it’s projected to go even further as the years roll by.

3D printing allows people to create virtually anything from the comfort of their own homes. In the future, we might actually be able to download products instead of ordering them online.

Plans for 3D printed objects will exist on the internet, and we’ll be able to create them with a push of a button.

Our 3D printer will then manufacture the object, and we’ll be able to pick it up and use it within minutes.

Right now, most 3D printers are limited to using plastic as a material source. But in the future, 3D printers will expand to use other materials.

At a certain point, 3D printers will be able to create pretty much anything you can imagine.

Some of the more advanced 3D printers are very expensive, and the 3D printers of the future won’t come cheap either.

That’s why it’s a great business plan to start a 3D printing shop, where people can come and pay a fee to use your printers.

Start off with one or two 3D printers, and then gradually add more advanced ones as they become more and more popular.

It’s a pretty solid business plan.

65. eSports

ESports encompasses the competitive edge of live competitions with a gamer's paradise.

Using video games, organized tournaments in any sport imaginable take on a digital presence, and people are taking notice.

Viewership alone is projected to see a CAGR of 9% between 2020-2023 and will roll in revenues over $646 million by the end of the identified time frame.

Americans love the social component-and let's face it-we're a competitive bunch.

Live streaming and social platforms are the driving forces behind this industry's growth, and there is no time like the present to jump in on the action.

You can start an eSports platform of your own by adhering to a few recommendations such as:

Hone down your niche-pick one sport and get after it.

Choose your geographical area and ideal target market.

Get your team organized and remember to include branding.

Set up your infrastructure with the appropriate hardware, including an eSports website and remember to promote your team and pick a location.

Secure sponsorships to fund your endeavor and allow you to compete at an elevated level.

Fans-fans-fans and additional recruitment options are a must.

Without question, eSports is revolutionizing competitive gaming and is one of the best future business ideas for 2020-2030 .

If you are interested in learning more about how to start an eSports team, take a read through this article providing the dos and don'ts on how to generate success with this suggestion.

66. Plastic Alternatives

Houston-we have a problem.

And one much more concerning than you might think.

Plastic could become the cause of human extinction if we don't sort out our crap.

With over 20,000 plastic bottles sold every minute in the world.

Don't even get us started with plastic bags and packaging.

An environmental crisis giving climate change a run for its money-plastic pollution currently makes up 60%-90% of all marine debris as per this post .

So what can we do about it?

Invest in plastic alternatives like the ones outlined in this article , which include things like:

Stainless steel straws & Edible water bottles

Silicone food bags & Cassava ponchos

Bamboo toothbrushes & Cotton produce bags

Business savvy individuals can also capitalize on this top future business idea by investing or owning land to produce-and provide sustainable plastic alternatives like those discussed in this publication including:

• Sunflower Hulls
• Fish Waste & Algae
• Plant Sugars
• Mushrooms & Banana Leaves

The time for change is now.

And as more governments impose stricter legislation around plastic-or ban its use all together-there will be an ever-pressing need for plastic alternatives.

67. Alternative Protein Food Products

Americans have finally committed to taking charge of their health and embracing lifestyle changes, and how we eat is at the top of the list.

With concerns around the environment, climate change, world hunger, animal rights, and national obesity, we are taking a closer look at what we put in our mouths.

The alternative protein food products industry is a great place to start as Americans opt to eat less meat and require a healthy alternative to meet their protein requirements.

Projected to see growth rates of 9.5% between 2020-2025 , studies suggest that the alternate protein food products market will be worth an estimated  $17.9 billion by the end of 2025.

Industry leaders are already rolling out a wide range of plant-based and biotechnological innovations-think ' Beyond Meat ' and ' Impossible Foods '-to meet the accelerating demand for meat alternatives in the United States.

Alternative protein food products appeal to consumers for their health benefits and nutritional value, and there are several key factors driving demand:

Growing population & urbanization.

High nutritional value.

Increase in venture investments.

More significant concern around animal products & protein.

Innovation in food technology.

Rise in vegan & vegetarian population.

The US will be a leader dominating this industry, so whether you opt to invest or set up your own production process, alternative protein food products are sure to bring in hefty ROIs over the next five years and beyond.

68. Control the Water

If you’re serious about exploring future businesses to start, then be sure that your investment is going to carry you for the better part of your years – and we can all agree that clean water, including water delivery to households and commercial locations, is one of the more profitable avenues if you can do it in a private (and profitable) way.

Current wars might be fought over oil, but the conflicts of the future will be fought over water.

Make no mistake; water will become a limited resource in just a few decades.

And there will be a much bigger push to monetize and profit from the trade of drinking water.

Trading in water might be a very profitable business to get into today because you never know how lucrative it will be in the future.

Bottled water is already a massive industry currently valued at nearly $62 million in the United States.

With a CAGR of 9.6% between 2020-2024 can you imagine how profitable it’ll be by 2030 and beyond?

69. Online Tutoring Platform

College classes can be brutal and most students aren’t blessed with the most accessible professors.

With an online tutoring platform, finding trusted tutoring is easier than ever.

Your platform will match students with experts in many different subjects for virtual 1-on-1 tutoring sessions.

Plus, you’ll also be helping people make extra money from home teaching.

What better way to spread the spirit of entrepreneurship?

70. Social Media Network

If you think about it there are really 7 main social media platforms that dominate the social sphere right now. 

Millions of people use these apps each and every day. 

Online advertising is now an essential part of an overall marketing plan. 

So why not take a stab at pushing a brand new social media network ?

Plus, with the advancement of virtual reality and AI, incorporating tech and user interaction may help you construct a completely unique platform that social and tech-savvy users will enjoy.

There are a number of  other ways you can generate a substantial income with your social media network such as:

How To Earn Money Through Social Media

• 1 Pick a platform designated explicitly as your 'bread & butter.' 
• 2 Join a network for influencers.

Increase engagement by providing value-be transparent and consistent.

Offer giveaways and loyalty reward programs.

Hone in on your specific target market-distinct niche-really narrow it down and then hit their pain point.

Connect with an affiliate company or sell your own stuff.

Be on-point with trends and global events.

This article provides additional details on how to make money on social media and offers some tips you might find helpful.

71. Influencer Marketing

Companies like 6 Degrees understand how to play the game.

Influencer marketing is all about utilizing top players to drive a brand to a more extensive consumer base.

Think inspire-hire-and let the influencer do the heavy lifting as per this article .

And for the Gen Zr's, it's all about who's wearing it.

Surprisingly it's not the celebrities spurring shopping splashes.

30% of consumers are swayed by non-celebrity influencers as per this post .

And with an anticipated global annual growth rate of 32% between 2020-2025, this $6 billion industry will see revenues over $24.1 billion when the dust settles, as per this publication .

Businesses in the know are padding their budgets to the tune of 63% to fund their influencer marketing campaigns.

They've weighed the pros and cons outlined in this article , including things like:

• Reach A Relevant Audience & Broaden Brand Contact

Build Trust & Credibility

Cost-Effective & Efficient

Mistakes Can Cost Your Brand 

The Wrong Influencer Can Be Catastrophic

Results Are Hard to Measure

And the verdict is unanimous.

Influence marketing is here for the long haul.

Establishing an influencer marketing agency is a fortuitous opportunity to make substantial ROIs. 

Check out this post for tips on how to get started.

72. Digital Marketing

Consider the magnitude of online opportunities.

When you think that by 2020 over 50% of businesses worldwide will depend on digital realms to build their brand-increase consumer awareness and grow their business, digital marketing is where it's at. 

Driven by mobile responsiveness-consumer intent-AR/VR and transparency, business owners haven't got many options but to embrace digital marketing as evidenced in this post .

The sad reality?

Most don't have a clue how or where to start.

And so they outsource to skilled digital marketers.

Individuals adept and capable of navigating and achieving online traffic-Google algorithms-social media platforms-you name it.

If it's digitally enhanced-they need it as per  this post .

There are numerous sub-facets of this  $322.50 billion industry.

Projected to experience a CAGR of 10.3% from 2020-2027, as per  this publication , there are countless ways to profit from this top future business idea 2020-2030 .

A few suggestions include things outlined in  this article like:

SEO & Web Development

Content Marketing

Graphic Design & Videography

This post offers some tips on how to start a digital marketing agency.

73. Greenhouse Gas Auditor

It's not just some conspiracy theory contrived of scheming scientists and politicians.

Greenhouse gas emissions are becoming more than just a little concerning.

Greenhouse gas  in the atmosphere causes the Earth to heat up.

Hence the global warming crisis.

Greenhouse gas auditors  have been identified as an effective way of controlling the issues.

Retained by companies-private greenhouse auditors are just the beginning of an abundance of roles associated with the carbon market.

Think things like cap and trade-emissions testing-quality control-etc.

Awareness in B2B and B2C markets continues to increase.

And will establish a shift in consumer expectations as per  this article .

74. Solar Power

Solar power just keeps getting better and better.

The technology is advancing to the point where solar power won’t just be a great source of clean energy – it’ll be an obvious choice for everyone.

The sun represents an endless, free source of energy.

Once you’ve got your solar panels set up, you might never have to worry about an electrical bill again…

Or at least that’s one view of the future.

Starting a business that provides solar power solutions could be a very clever idea.

Most governments offer tax breaks for companies who are developing clean energy products, and this is a huge benefit.

A solar power company might provide solar panels to individuals and families who want to cut down on power bills.

On the other hand, you could provide solar panels to small and medium businesses, helping them power entire facilities and buildings.

75. Mobile Application Testing Services

Mobile Application Testing (MATS) is a $154.05 billion market and slated to see a CAGR of 11.5% from 2020-2027 as per this post .

World leaders like Akamai are leading the pack in this soon to be $366.34 billion industry.

Providing businesses with the latest trends and recommendations-their researchers handle all of the background components to ensure programs run the way they're intended to run.

Testing is becoming a crucial element for companies offering cloud and software functionality and includes various sectors as per this post .

Things like:

Automation & Improved User Experience

Cyber Security & Blockchain Testing

Performance Testing & Mobile Responsiveness

You need some tech-savvy skills for this top future business idea .

But if you're interested in learning how to start a mobile application testing business-check out this publication offering an a-z analysis of the process.

Final Thoughts

Every single one of these businesses has enormous potential for the next decade.

Some might be a little more realistic than others.

Certain businesses might involve more risk than others.

But if you’re going to invest in a business that will expand in the future, businesses on this list hold enormous potential for the future.

My Top Recommendation is Lead Generation (How I was able to quit my job & now make over $50K per month)

One of the awesome things about the list of ideas you’ve just had the privilege of accessing is that they all focus on longevity and delivering results long-term. 

If you’re in a business that is only going to be around for a couple more months, then all of that investment for a short lifecycle and miniscule return (by comparison) might not be the best use of your time.

The list above focuses on the waves of the future.

Things like…

•    3D Printing

•    Wind and Solar Energy

•    Water Delivery

The list can go on and on.

One of the more profitable methods, however, rests with generating leads for local service providers and being compensated for referring more and more business each month.

Small businesses aren't going anywhere anytime soon neither is the internet. This lead generation business is going to be very lucrative for a longtime.

With legit skills in ranking sites to the top of Google, you can position yourself to be the go to expert in how to bring in more business to expand a local small businesses' bottom line in 2020-just like I did with this tree site I built in 2014.

Our coaching program is designed to show you the exact way to do that.

From building a part-time operational model to establishing virtual real estate that you can rent out for monthly profits, you can get ahead of the competition quickly and see passive income delivered to your bank account for months – and years – to come.

The results include…

• Less than 8 hours of work per lead gen site
• More Time Freedom to live your life how you want
• Afford Vacations
• Enjoy time with friends, family, loved ones, or date more often
• Wake up after a comfortable night’s rest because all your bills are paid, you have reliable transportation, and you know where your next meals are coming from.

I didn’t get to enjoy those things when I was working for a corporation in 2014 – the same year I began this lead gen business model.

And here I sit, years later, with over 80 digital properties.

All paying me tons every month (to the tune of roughly $52K) for the last 5 years.

And I'm not the only one benefiting from this online program .

With over 6000 members, our program is one of a kind and the best opportunity you can find on the internet.

Not only is the training super detailed and above and beyond what you paid for, but our lead gen program includes a Facebook group where members can ask questions, share wins, and support one another.

We are like a close-knit community-all driven by our desire to succeed and create financial freedom.

Dan-the man behind the curtain-hosts live streams twice a week.

Here is a pic of me and Dan.

Honestly, he blows us away with his constant motivation, tips & tricks to make even more money.

And give-aways-like all of the time (I swear this guy is like Santa).

 The learning doesn't stop after you purchase and go through the training.

Dan and his team are always coming up with new and innovative products-providing us with even more opportunities to scale our lead gen business .

Lead generation offers a semi-passive income and is riddled with potential because it encompasses these characteristics:

• Local lead generation doesn't base its success on finding the right trending product week after week, month after month.
• You don't have to consistently make adjustments to your advertising methods or budgets. In fact, you don't have to run Facebook, Instagram or Google ads at ALL...
• There's no buying and selling of products. You don't have to worry about profit margins. Or shipping. Or returns. Or any of the other problems associated with selling physical products. EVER!
• You get FREE organic traffic from Google.
• If you set it up properly from the start, you can leave your lead gen site for months without having to tweak it.
• It provides you with a passive income. THAT'S the golden ticket!

This means I have even more time to do what I want than when I quit my full-time job in 2015.

If you want to have these kinds of results and the power to live your life on your terms…

If you’re seriously ready to invest in the knowledge and high-income skill to make your business dreams become a reality…

If you are interested in learning more about our coaching program and want to learn how to build and rank digital properties...

Leverage Google and hit the top of the search engines in any city, in any niche, anywhere in the world you need to hook up with lead gen.

Click the button below and schedule a call with me or one of my collegues and make the best decision of your life.

So there you have it. Hopefully you've got a good idea about how the future is looking, and what most successful small businesses are shaping up to be. 

Overall, the future is promising, and there are all kinds of ways to make substantial money if you have a strategy and are willing to put in the work.

We think these are the best future business ideas for 2020-2030 , but if you have a suggestion that isn't listed, drop it in the comment section.

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I’ve shared this post with my team because I believe it will benefit them in their work. The insights you provided have the potential to drive positive change. Thank you for the valuable contribution!

Thank you for this wonderful article. And helpful for businesses to developing

Very well written, enjoyed reading

Thanks Rajen. Glad to hear you enjoyed the article. Do you have a favorite business idea or one you think we should add to the list?

Fantastic site. Plenty of useful information here. I'm sending it to a few friends and also sharing in Facebook. And certainly, thanks for this information!

very informative articles or reviews at this time.

Its really very adoptive content you got on your blogs thanks for sharing with us

Hey Shayari! Thanks for reading and taking the time to comment. I’m glad you enjoyed the article-did you have a favorite idea? Or perhaps one we could add to our list?

What an extensive list! Thanks for sharing!

Thanks for taking the time to go through it!

You came up with some exciting ideas in your article. Authentic and enthusiastic!

Awesome! Its genuinely remarkable post, I have got much clear idea regarding from this post

Hi Theresa! Thank you for your kind words and glad that you enjoyed the post. Did you have a favorite idea from this list or one you’d like to add? Thanks for reading and taking the time to comment.

Great information shared.. really enjoyed reading this post thank you author for sharing this post .. appreciated

Hey Max-thanks for your comment! Glad to hear you enjoyed the article. Was there one idea you liked the best?

Awesome guide, thanks for sharing.

Awesome guide, perfect for my blog. Many thanks for sharing.

This is my first time pay a quick visit at here and i am really happy to read everthing at one place

Hi Jaeden-welcome! Glad you enjoyed the article. I publish new content regularly so please feel free to come back anytime. Thanks for reading and taking the time to comment.

Thank you for every other magnificent article. Where else may just anyone get that kind of info in such an ideal manner of writing? I have a presentation next week, and I am at the look for such info.

Fantastic. Which business idea are you interested in?

Interesting ideas, its will help who will need business ideas.

Thanks man-appreciate the kind words.

Really helpful article thanks for sharing this information

Thanks for taking the time to read and comment. Glad you found the article helpful.

knowledgeable content

Appreciate your kind words. Thanks for reading and taking the time to comment.

HI, such a nice vlog.

Very interesting post and useful for young entrepreneurs

Glad you liked it and thanks for your kind words.

I appreciate you for sharing this great tips.

You gave a long list of business ideas here, some of them are good for Solopreneurs who want to work alone.

Thanks for taking the time to comment. Glad you enjoyed the post.

Glad you enjoyed it and thanks for taking the time to comment. Appreciate it.

Thanks for this interesting post. This is a well detailed post.

Happy to hear you enjoyed it.

Hi Ippei How much does it cost to get started in lead generation? Thanks.

we have quite a few options to get started with lead gen, payment plans & scholarships available, just depends on your goals, I would schedule a call to find out, we’re pretty flexible

What a perfect article. I found more than i look for. Thanks for your effort creating this amazing business ideas.

Did you decide to take action on any of the ideas? Glad you enjoyed the content!

After reading your article I was amazed. I know that you explain it very well. And I hope that other readers will also experience how I feel after reading your article. Thanks for this amazing article. I generally read your articles with a lot of enthusiasm because of its content. Also, recently I have also written on the same niche could your please share your views on it here: Digital Startups Hub.

Thanks for your kind words!

Great post!

I'm curious…. Do you brand the lead gen website as "the company" you're generating the lead for, or a generic brand targeted at that niche?

If the former, what happens if that company no longer wants to work with you or goes under?

If the latter, what tone of voice do you use? I mean, you're not in that niche so how to you talk about the business that's being offered, or do you simply present your website as being a "lead gen" site where customer can receive 3 competitive quotes for X product/service in return for supplying your their details?

Hi Mr Ippei.

Mr Ippei, to tell the truth, I am contacting you, because, I am lost in my projects, everything is turned upside down. Mr Ippei, please, what do you advise me to do as a Project / Business now and now based in innovation and technology? And in the next 10 to 20 years, will this project be juicy and profitable and reliable? I plan to do my project / business in EUROPE in Germany. The problem is that in my head I am not stable, in fact I have ideas for iFuture projects that I cannot commit to and determine to complete the project. In fact, which project to choose ?! Where to start ?! Which one will be the juiciest and most competitive and reliable in the near future ?! etc … I can't concentrate on a project in itself. I really need moral support and information and advice. Mr Ippei, do not hesitate to reach me by email or on my mobile # +33632276205. Right now, I'm in Paris FRANCE EUROPE.

I read all the business ideas here. Thank you very much for your hard work on this useful article. I liked several of them and we plan to start with my friends. we can

A nice article. Thanks for sharing.

Glad you liked it-thanks for reading.

Hi,Thanks for your informative article, Lead generation can be done via FB ads and sales funnel too. Right? Should that solve problem for clients and earn me a good amount of money?

FB ads are getting way too expensive atm for that biz model to work properly, this is why I stick to doing Lead Gen using free organic traffic

Hello Ippei,

Your information is so valuable. Thanks for sharing it.

I can engage myself in many activities now with the help of your collection. I was looking for such a blog where I can found huge information for the business trending in 2020.

Hope to see you soon, with some other areas of information.

Curiosity! This lead-gen idea seems promising based on the amount you made. But why would you share this great idea to others and create more competition for yourself? I am just trying to understand everything around this business idea.

There’s so many cities out there and so many different industries you can generate leads, that there’s more than enough for others to learn

Makes sense. Great to know. Thank you for the reply:)

Great post! Thanks for sharing with us, If anyone planning to launch food or on-demand delivery startup in any region. Reach SpotnEats to get the best app solution for your on-demand startup ideas. They will guide you to launch your startup at international level.

cool thanks for sharing

This is absolutely delightsome and helpful tips for any serious individual!!! I appreciate you for sharing your thoughts!

Please i want to be coached on lead generation, kindly advise me on how to go about it.

go here and opt-in, you will receive all the necesarry info

In your opinion, could I apply your advices, or your training, in network marketing for a nutrition company? It’s completely an independent and entrepreneurial job. Thanks,

yes you can utilize our training to create a blog for your network marketing company for example, although lead-gen offers faster passive income imo.

Hi Ippei, thanks for nice sharing. If im local makaysian citizens. Can join ur programme to generate leads local business here and abroad. Please advice

as long as you have good internet, you can build this biz from anywhere in the world

very nice information

Thanks for sharing this valuable ideas

I interested

Very informative. looking forward to learn how to generate leads for local businesses. My question is : Can I really generate leads for a local business based in Africa if I live in the U.S.A? Thanks!

yes you can

your very nice information

Thanks for sharing these business ideas. I would be happy to learn how to generate leads for local businesses and I am thinking about getting started soon. However, I still have a question: Can I really generate leads for a local business based in America if for example I am residing in Canada? Thanks!

yes you can be in Canada and get US clients.

Hey Ippei, I have really enjoyed your blog. It’s very knowledgeable and inspiring. I look forward to reading more. Thank-you. Anne Maree

Hi, Ippei Thanks for nice sharing It was very helpful to me

Thanks Ippei! The article was informative, and we learned a lot! If you're ever in Orlando, we'd love to provide you with car detailing services.

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The Remote Renaissance Embrace the global talent pool. The future of work is remote, flexible, and inclusive, breaking barriers and fostering innovation.

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Last Updated on December 20, 2023 by andrewtk

From the plain and simple, to the wild, the whacky and the damn right absurd…

…in this post we're going to take a look at some of the best future business ideas that you should start getting your head around, today.

So if you are interested in where business is heading over the next ten years or so, the best business ideas of the future…

…stick around and get your head totally spinning.

In no particular order, these are the business ideas that I reckon have the potential to go stratospheric…

Best Future Business Ideas

#1. hi-spec 3d printing.

The Financial Times, among other reputable media outlets, have said that this one is potentially larger than the internet.

Well, personally I think that is stretching it a little, but I do see this one as a massive future business opportunity.

3D Printing is very exciting technology and that is why it's the subject of some extraordinary hype.

Sure, every man and his dog are going to have a 3D Printer in their home within the next decade.

But these printers will be run-of-the-mill stuff, only really fit for printing basic stuff like forks, spoons, sink-plugs, with any degree of accuracy.

Where the big future business idea is with this one, is in having the equipment, and knowledge, to print super-complex components for industrial machinery and household appliances etc.

This one also has a great environmental story too.

3D Printing is an energy-efficient, and material-efficient technology.

So you will be both making a fortune, and saving the planet…what more could you want from a top future business idea?

#2. Vertical Farming

Not farming up hill…but producing food on multiple, vertically stacked surfaces.

And with the world’s population expected to hit over 9 billion by 2050, why wouldn't a business where the goal is to produce more food per square meter take-off.

But I won't BS you here, there are still a lot of feasibility studies being carried out on this one.

There are a lot of pros, but quite a few cons as well…such as how pollination takes place.

Personally, I reckon they'll crack it, because the potential benefits are so huge.

And when they do, there will be great business built by those quick enough and good enough.

#3. Robotics Mechanics

Robotics is already big, and it's only going to get bigger.

There are now over 2.7 million industrial robots operating in factories around the world, according to the IFR .

Industrial robots are growing in number by roughly 15% a year.

And sales of domestic robots is starting to really boom as well.

Every year, robotics takes a huge leap forward and robots become more and more impressive.

The potential uses for robots is almost endless.

Robots can be used in construction, car-manufacture, entertainment, warfare, tele-sales…the list goes on.

All of this means that getting into the business of robotics is going to be one of the best moves a budding entrepreneur could make.

Robot diagnostics, maintenance, repair are all areas that have explosive potential.

If you can fix someones expensive home robot, let alone a factories super-expensive assembly line robot, you are going to be in seriously high demand.

#4. Online Virtual Counselling / Therapy

Okay, I'm sure you realise that you are definitely going to have to get yourself properly trained before getting going with this one.

Do not start claiming you can sooth someones mind unless you actually can.

At the start of 2020 this industry was very much in it's infancy.

But, thanks to the Covid pandemic, it was thrust into a period of remarkably high growth.

Regrettably, peoples mental health really suffered during the Covid lockdowns, and to make matters worse they were unable to go and see a trained therapist.

And so seeking help from a mental health professional via video chat, apps, text messaging etc. became common place for many people.

According to a number of reports, it seems to have worked, with many people claiming significant improvements in their well-being.

Effective treatment, easily accessible, half the cost.

Get trained, get helping, get earning.

#5. Asteroid Mining

We've done pretty well don't you think?

We've got to number five before getting onto a fairly crazy one.

Not crazy in that it's not going to happen, it absolutely is.

Crazy in as much as it's going to take a fair amount of financial resources to get this one off the ground.

Many of the natural resources that are precious to us here on Earth, our hurtling about in space in close to infinite amounts.

It will cost a fortune, and it will make an even bigger fortune, and it will happen.

#6. Micromobility Services

If you often find yourself stuck in traffic, this one could be the future business opportunity for you.

You could become part of the solution, not part of the problem.

Micromobility refers to small, lightweight vehicles operating at speeds typically below 25 km/h (15 mph).

Globally, cities are offering greater support for micromobilty, meaning that it is getting both easier and safer to ditch the car.

People are becoming more willing to regularly use micromobility.

For these reasons the global micromobility market is estimated to top $500 billion by 2030.

The only problem would seem to be that many of these vehicles are pretty expensive, and so many people just won't go for it.

Also, a lot of people may only go into the city centre once in a while, so for them it doesn't make a lot of sense to buy,

This is why setting up as a micromobility rental service, or running a vehicle-sharing scheme could pay-off very nicely.

#7. Box Subscription Services

This has got to be one of the simplest business ideas ever.

That said, it's also quite hard to give an accurate definition of.

Maybe we can go with this as a definition: “A monthly delivery of physical products, individually curated in-line with the customers chosen theme and preferences”.

That's a pretty dry definition, because what it doesn't necessarily get across, is that it should be exciting.

The reason people keep their subscriptions running is because they look forward to receiving their monthly box.

And they look forward to receiving it because what's inside is a bunch of stuff that they are going to love.

They don't know exactly what they will get, but they know it will be great.

But don't go jumping into this one thinking you simply buy a whole bunch of stuff, mark it all up heavily and send it out for your massive profit.

No, no, no.

Subscribers are already very savvy, and want to see that they’re getting a good deal…that they are not over paying on the individual items.

This business lives or dies by your ability to procure the items at strongly discounted process so that you are able to re-sell at both a profit to you, as well as a saving to your customers.

#8. Business Coach

Now I know business coaching is not exactly a fresh new idea for the future.

Truth be told it's been going strong since the late sixties, but it's still going to boom into 2030, 2040 and for many years after that.

There will most likely always be a need for ‘high-quality' business coaches.

And that's the kicker.

The last twenty years or so has seen way to many people try to move into this area that just do not have the skills or experience to offer anything of real value.

The industry has seen contraction.

And it's no bad thing.

The path is now clearer for those who can offer genuine insight.

#9. Affiliate Marketing

Of course I do, it's the business model that set me free from the 9 to 5.

Oh happy, happy day.

If you are not familiar with the concept:

Affiliate marketing is promoting someone else's products that you love and know to be great quality. If someone then purchases because of your marketing efforts, you get paid a pre-agreed commission.

Still not making much sense? Take a read of an article I wrote a while back that gives more info on what affiliate marketing is .

#10. Coworking Spaces

I use a coworking space and I absolutely love it.

Working from home just does not get me fired up enough.

And being around other people, especially other people working for themselves, just keeps me sharper, more motivated.

The basic definition of coworking is when a bunch of people work from the same space, on their own work projects.

Coworking spaces will have WiFi, printers, usually meeting and/or conference rooms… and some will have drinks and snacks available.

The number of coworking spaces worldwide is expected to more than double by 2024 .

While coworking spaces currently make up less than 5% of the commercial real estate market, that figure is expected to climb to 30% by 2030 .

Yes, you will need some chunky capital do get this one going but it could just be worth it.

This is a future business idea with everything going for it.

#11. Skincare Clinic / Spa

Do you think people are going to look after how they look more or less as we hurtle towards 2030?

Do you think people are going to pamper themselves more or less in the future?

If you can't figure out the answer to these two questions, maybe setting up your own business is not the thing for you.

The beauty/spa industry has been turning in impressive year-on-year growth figures for a long time now (ignoring 2020 for obvious reasons), and will continue to do so.

Turn up, relax, leave looking flawless and totally buff…that's the deal.

#12. Privacy Protection Services

All the gadgets we use, both personally and for work, all connected to different grids, throws up an endless world of privacy issues.

Our personal information is out there for those with the inclination and the skills to steal it.

The need for data protection is growing rapidly.

Businesses are now being required by law to protect the personal information of their customers.

It's a headache that will only get worse.

It's a business opportunity rich with potential well into the future.

#13. Mobile Marketing Consulting

Do you use a mobile device?

Do you sometimes buy stuff using your mobile device?

That's why mobile marketing is a thing.

And mobile marketing consulting is a thing too, because most business have very little idea how to go about effectively targeting prospects that use mobile devices.

It is likely that mobile devices will continue to dominate for quite some time.

Therefore the opportunity for skilled mobile marketing consultants should continue to grow with it.

#14. Space Tourism

Oh yeah baby, we're all going to be vacationing on Mars before you can say ‘space rocket'.

Well, okay, maybe not that soon, and maybe we won't exactly be checking in to a hotel on Mars for quite a while yet…

…but a trip through near-space in a shuttle like space voyager, that's not so far away.

Having said that, if you really do fancy travelling to Mars, you can apply with Mars One to start on their selection process. I should point out though, that they have no plans to bring you back again.

UBS reckon that by 2030, space tourism will be generating $3 billion.

Without any doubt at all, this is a huge business opportunity of the future.

#15. Fitness Tech

This one is already massive.

It's rate of growth over the last five years is staggering.

People have just totally adopted the use of and wearing of fitness tech across the board.

People who aren't remotely into fitness wear fitness tech…just to keep track of how much, or little, they actually do.

Undoubtedly it is promoting a healthier lifestyle for many people.

And there is still a long way to go for the technology.

Apps related to diet, fitness, exercise are some of the most popular there are.

If this one floats your boat, it will be well worth your while spending a little time figuring out your angle for getting in on this market.

#16. Solar Power Consulting

Solar power technology is improving all the time.

As an industry, solar is only going to move in one direction for the foreseeable future.

My wife and looked at getting our house set up with solar power a few years ago.

Solar power consultants weren't really a thing at the time.

And jeez, the amount of new information we needed to find out, if we could have paid a consultant to come in and advise us, given the amount of money we were looking at shelling out anyway, we would have bitten their arm off.

And would have been very happy to pay a decent consulting fee.

Absolutely a nailed on business of the future.

#17. Artificial Intelligence

I am absolutely fascinated by Artificial Intelligence (AI).

Well, fascinated and terrified in almost equal measure I guess.

Machines, robots, thinking and acting like humans.

Or even, thinking and acting better than humans.

Love it or hate it, the singularity is coming.

And the potential of the AI industry is as staggering as it is thought provoking.

The global AI market size is expected to reach USD 267 billion by 2027 .

But make sure you don't confuse AI with robotics.

AI is all about the programming of human like intelligence into machines that can then function without human intervention.

Whereas robotics is about building physical, working machinery and devices that humans program for each specific task.

This future business idea is set for exponential growth over the next few decades…like it or not.

#18. Natural Health / Wellness

Knowledge gained through scientific research has been a game changer to the overall health and wellbeing of us humans.

Just lately though, there has been much greater acceptance by the mainstream medical profession, of some ancient wisdoms that too, can have profound impact on our health and wellbeing.

On top of this, there is an ongoing, albeit gradual sea-change against the tide of doctors dispensing drugs too easily.

If the medical profession continue to move in this direction, it can only mean a very bright future for the natural health industry.

The wellness and natural health industry could be heading into its golden age.

As much as i can see fortunes being made in this area…

…please don't go into this one driven only by money.

You need to love this whole field and want to work in it because you care about people.

#19. Social Media Consulting

Big commerce know they have to be active on social media.

Big commerce have absolutely no idea how to be active on social media.

And with a significant new addition to the social media arena once every year or so, the task is not getting any easier for them.

There's your angle.

#20. Lead Generation Services

Okay, let's tackle this one in the exactly same way as we did the previous future business idea…

Small businesses know they have to get more traffic and customers from organic Google search.

Small businesses have absolutely no idea how to get more traffic and customers from organic Google search.

Seriously though, generating more top quality leads is one of the most significant issues for small business owners to tackle.

It's not that they don't want to generate more leads.

And it's not like they couldn't learn how to do it…it's just they seldom have the time.

These people are running their business, doing whatever it is their business does.

On any given day, by the time they get round to looking at their online marketing and lead generation…

…it's probably about getting on for midnight!

Getting high-quality traffic from Google is actually a pretty rare skill.

It's a skill that business owners will pay you for.

And once you start delivering them new customers, they will be happy to pay you for.

#21. Greenhouse Gas and Carbon Auditor

Basically, this is the idea of independent auditors, auditing polluters.

It's a pretty serious business.

And carrying out a greenhouse gas and carbon audit is seriously detailed and complicated.

So don't go straying into this one if you don't have high levels of concentration in your locker.

If however, you are that way inclined, this one has got ‘great future business' written all over it.

This industry is in its absolute infancy, and it is going to grow and grow.

And there will be many more roles created in the carbon and greenhouse gas management industry over the coming years…

…you can be certain of that.

#22. Employee Monitoring Services

Oh this one sounds miserable doesn't it?

But it is absolutely going be a thing, and a big thing at that.

Following the 2020/21 pandemic, more and more people are working from home.

Not necessarily all of the time, but certainly some of the time.

Many more people now have a week that is maybe three days in the office and two days working from home.

But how does the employer know that there staff are all totally at it when working from home?

Well, they can look at using an employee monitoring service.

I have to say it all sounds pretty terrible to me, but there will be money to be made here.

So if you're of a rules-based mindset, maybe you should consider getting into this sector.

#23. eSports Platform

Live streaming, facilitated by continually improving worldwide broadband speeds…

…along with the use of social platforms, are the two big driving forces behind this industry's growth.

And of course the Covid pandemic didn't do the eSports industry any harm either!

Organised gaming tournaments, based around almost any sport that has an online gaming presence, now has both willing, skilled participants, as well as an audience.

eSports events are organised at either regional or international level.

If you want to get in on the action, the time is now.

In 2021, the global eSports market was valued at $1.08 billion.

And the eSports industry's global market revenue is forecast to grow to $1.62 billion in 2024 ( Statista ).

The idea of setting up a new, dedicated eSports platform…

…probably one of the very best future business ideas for 2020-2030.

#24. Mobile Application Testing Services

Apps are fast becoming must-haves for almost every type of business.

The problem is, business, large and small, seem to be absolutely terrible at ironing out issues with their apps prior to launch.

I don't know why…

…but for some reason hardly anyone seems to oput their newly built app through any kind of testing phase.

So the app gets launched in a frenzy of marketing activity…and promptly falls over as soon as more than ten people start using it.

Testing services are now in ever increasing demand.

And testing of this type of technical product, seems to work best when it's being carried out by someone completely independent of the firm launching the service.

If I were to get involved in this industry, I would niche down.

There are some big outfits offering app testing to the whole market, the growth will be where specialist app testers start popping up, who focus in on assisting a specific industry type.

#25. Food Trucking

Food trucks have enjoyed a massive reputation shift over the last few years.

No longer seen as just convenient places to get a quick and cheap bite…

…but now seen as exciting, enticing food stops where you can get totally authentic from all corners of the globe.

Yearly food truck revenue tends to range between $250,000 and $500,000.

And the food truck industry was enjoyed a very consistent average annual growth rate, before Covid, of 7.5%.

With the right truck, the right equipment and some ideas to go on your menu, you can have your food truck up and running in the blink of an eye.

If you love food, this one looks like great business idea.

#26. Digital Marketing

Digital marketing is now a $325 billion industry.

That's chunky stuff in anyone's book.

More than half of businesses globally now depend on digital marketing channels to build their brand.

The 50% or so that aren't using digital to enhance their business, I can only imagine they will be getting board pretty soon.

Most businesses have very little internal knowledge about how to go about effective digital marketing.

The less enlightened ones might rtry and muddle through on their own, convinced they can figure it out.

The clever ones will probably outsource to skilled digital marketers.

This digital marketing industry is set to continue its impressive growth well into the next decade…

…making it a genuine future business idea for 2021 to 2030 and beyond.

#27. Data Gathering & Analysing Services

Big data, I mostly don't like the idea of it, but it is most definitely here to stay.

In fact, frighteningly, it's only really getting started.

Big corporates want to gather as much information as possible on their customers…and their competitors.

And of course gathering this data is just the first step.

Once they have it they need it analysed so that it makes some kind of sense.

With the required knowledge, some cutting edge software, you can likely get yourself in on this future business opportunity.

Best Future Business Ideas – Wrapping It Up

Hopefully this post has helped you figure out what you might want to do with all of your, as yet, untapped potential.

At the very least I hope it's made you aware of a few future business ideas that you were previously unaware of.

Multiple billions of dollars will be made in these industries over the coming decade or two.

Is there any reason why a sizeable amount of that shouldn't come your way?

If you feel I've missed any standout opportunities, hit the comment section directly below.

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7 new upcoming business ideas to try in 2024

2024 will see some industries take off in a big way. Here are 7 lucrative new business opportunities in markets set to surge in the next few years.

As a web developer or designer, predicting key sectors and design trends for 2024 is crucial to stay ahead.

Shifts in consumer behavior and global challenges in the post-pandemic landscape are fuelling a myriad of new business trends and innovations. With change comes opportunity, brimming with potential for those ready to take advantage of these new trends.

Themes like virtual assistance and financial services signify the global trend to optimize resources on a constrained budget. Meanwhile, the popularity of virtual fitness and dropshipping shows how much people value convenience, flexibility, and autonomy, especially after quarantines and lockdowns. Generative AI models now do everything from inventing new musical instruments to creating a Super Mario chatbot , and cannabis law reforms across the globe are seeing retail sales surge and opening the door to startups with fresh ideas.

For creatives, these innovations translate into new opportunities and business ideas to design interactive websites, cutting-edge user interfaces, and engaging digital experiences that capture the essence and energy of these sectors. As you gear up for 2024, consider our list of booming fields. While these ideas aren’t shortcuts to success, diving into these industries could position you at the forefront of demand.

7 new business ideas to consider

1. ai-powered businesses.

The AI market is poised to increase an astonishing 20 times in value by 2030, reaching over $1 trillion and redefining multiple industries. Hundreds of generative AI startups are refining their offerings and products and starting to compete for market share, so it’s a great time to jump in if you want a competitive advantage in the future.

With so many startups jostling for market share, finding the right niche is crucial. Many AI businesses help individuals or businesses streamline certain processes. Gamma AI , for example, creates presentations, slide decks, and websites that users can adjust using a chat function. Machinet offers an AI-powered coding assistant, Platic provides AI transcription services, and OpenLead combines AI with sales databases to curate tailored lead lists. 

Other AI businesses combine technology with niche expertise. Videa Health is an example of this expertise in dentistry, Binomix focuses on pathology, and Seamless Studio integrates with design. Use your unique expertise to craft tailored AI design solutions, like automated typography optimization and logo creation, for various market needs.

2. Virtual fitness

The pandemic introduced many people to home workouts; their convenience and flexibility ensure their continued popularity. As a result, experts predict the virtual fitness sector will grow by 31.2% annually over the next nine years, potentially reaching $187.8 billion.

‍ Leveraging his bodybuilding achievements, Chris Bumstead launched a polished and cheekily branded app named “CBum Fitness” that's garnering rave reviews . You don’t need to be an exercise guru to benefit from the booming virtual fitness trend, however. The industry’s expansion reveals a growing demand for home workout gear, fitness app creation, copywriting, and fitness website design .

3. Virtual assistants

With professionals increasingly leaning toward cost-effective solutions for administrative tasks, there’s a growing demand for virtual and executive fitness platforms. Experts forecast this virtual assistant market to climb annually at 37.29% , culminating in a $26.9 billion valuation in just four years.

To position yourself at the forefront of digital transformation, consider diversifying by crafting platforms for freelance virtual assistants like Rosalia . Alternatively, creating intuitive user interfaces for an online business like Airdesk , which bridges companies with global assistant talent, can be a promising avenue.

4. Cannabis

As the regulations around cannabis use relax worldwide, demand for medical, legal, and recreational cannabis grows. Even with price adjustments weeding out some inefficient producers, statistics predict the legal cannabis industry to increase at a compelling 14.95% annually , reaching a market volume of $103 billion by 2028.

Beyond traditional retail offerings like Huue’s innovative cannabis vapes, business opportunities include more than just the plant. There are already some specialized services for cannabis, like supply chain and packaging service New World Packaging and strategic consulting firm Maconha . This product ecosystem also calls for bespoke cannabis web solutions and ecommerce platforms tapping into the digital-first consumer trend. By understanding the unique needs and preferences of cannabis consumers, you can carve a niche for yourself in a rapidly expanding and lucrative market.

Build completely custom, production-ready websites — or ultra-high-fidelity prototypes — without writing a line of code. Only with Webflow.

5. Dropshipping

Dropshipping, a new trend where suppliers ship products sold online directly to customers, is gaining popularity. Dropshippers don’t have to deal with physical inventory or the logistics of shipping themselves. Instead, suppliers deliver dropshipped products directly to customers. This method reduces overhead costs, allowing them to allocate more resources to marketing and enhancing customer service.

Yet, the challenges with dropshipping are plenty. Those venturing into the business still have to create their own brand , marketing strategy , and business plan, which often require more effort than affiliate marketing or influencer marketing. To navigate the early stages, many novice dropshippers recruit the services of a freelancer designer on Upwork or contact a dedicated dropshipping support company like Dropscale . But with stiff competition and many ventures faltering early on — some estimates suggest 80% to 90% fail in the first year — the stakes are high.

Success hinges on the right product choices, trustworthy suppliers, and patience. But with challenge comes opportunity; the dropshipping market is hungry for polished, user-friendly sites, memorable logos, and attractive packaging that can give emerging dropshippers a competitive edge.

6. Financial services

As the cost of living rises, so does the demand for budgeting assistance, financial planning, and sound investment advice. Other financial and finance-adjacent services like bookkeeping, financial analysis, and logistics are also likely to experience growth in the coming years.

Financial service business options include financial advice teams like Chester Rose Financial Planning and personalized investment guidance from firms like Green Investor . If you don’t have a finance background and don’t want to retrain, you could team up with specialists to make a budgeting app like YNAB or Diane Money or consider designing intuitive dashboards or website templates tailored for financial institutions. You could also pinpoint unmet needs in the financial sector, like financial consulting firm WINii that caters to women and non-binary people, to carve your niche.

7. Cybersecurity

Capitalizing on skills shortages can unlock lucrative business opportunities. The cybersecurity market is a prime example — it's on track to swell 13.8% annually , reaching a $424.97 billion valuation in seven years. Given the significant shortage of cybersecurity professionals and increasing cyberattacks, B2B solutions that protect small and medium-sized enterprises are in high demand. This industry growth also amplifies demand for web designs adept at articulating the complexities of cybersecurity solutions to prospective clients.

Whether you’re already versed in cybersecurity or considering a career pivot, there’s vast potential for swift success here. Many businesses seeking both cost-efficiency and expertise will partner with specialized firms like Sygnia , watchTowr , and Servicepipe rather than create an in-house team. Such collaboration opens access to expert knowledge and industry-leading tools without the overhead and training costs associated with an internal department, emphasizing the opportunity within the cybersecurity landscape.

There’s no shortage of affordable education for those eyeing a career transition. For example, you can complete a self-paced online course like the Google cybersecurity certificate for as little as $49/month.

As businesses change, so do their websites 

Every sector, traditional or innovative, needs a stellar website to succeed. A well-crafted website forms the backbone of brand identity, attracting organic traffic, building brand recognition and awareness , and increasing conversions . With Webflow, you can create high–performance sites tailored to each client’s unique needs, enhancing user experience and supporting diverse ecommerce demands.

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50 Business Ideas for New Entrepreneurs in 2024

Disclosure: Our content is reader-supported, which means we earn commissions from links on Digital. Commissions do not affect our editorial evaluations or opinions.

Technology has made starting your own small business easy, affordable, and possible. All you need to start a company online is an internet connection, web hosting , and a  domain name . The biggest challenge, however, is coming up with a viable and unique small business idea.

Ready to snag web hosting and a domain? Our featured hosting partners provide a free domain name for the first year when you sign up for a hosting plan to help keep costs as low as possible.

Ideally, the perfect small business idea for you fulfills three important criteria:

• An activity you like doing
• Something you are good at
• Something in demand (i.e., people would pay for)

To help get you get started, we’ve come up with a list of online and offline business ideas that are easy to start. We have categorized each idea as follows:

• Business type–is it an online or offline opportunity?
• Investment–how much does it cost to start?
• Earning potential–how much can you realistically earn?

We also indicate which ideas are well-suited to stay-at-home parents, undergraduate students, and those under 18.

Business to Business (B2B) Service Ideas

1. online bookkeeping.

Like many other professions, bookkeeping has gone online. This is great news for many bookkeepers and accountants who feel trapped in the office environment and long for more personal freedom and the ability to work during their own hours.

With easy-to-use  accounting software  and appointment-setting tools available, it’s never been easier to set up and manage client accounts.

• Business type: Online
• Investment: Low investment ⬇︎
• Potential: Low value ⬇︎
• Good for: Stay at home parents ✔

2. Business broker

A business broker assists the transaction between buyers and sellers. They must have adequate training and comprehensive knowledge of business law and standard practices in their respective industry. Business brokers are rewarded with commissions for the sales they make.

• Potential: High value ⬆︎
• Good for: Undergraduate students ✔

3. Office space rental

Office sharing is a booming industry largely driven by the needs of young entrepreneurs creating the next Google or Amazon.

If you already own a suitable property, you will only have to bear relatively low startup costs. However, this is a substantial investment if you don’t already have suitable property.

• Business type: Offline
• Investment: High investment ⬆︎

4. Language translation

Despite the impressive advancements of machine translation, the  demand  for skilled translators is still high value and will probably remain so for quite some time.

You can start looking for work on platforms such as  Fiverr  or  Upwork  and slowly build your clientele. It’s also a good idea to directly contact popular bloggers or a freelance writing business and ask if they would consider having their blog work translated into another language.

• Good for: Stay at home parents ✔ undergraduate students ✔

5. Importing electronic original equipment manufacturer gadgets

If you look at top-selling items on  Amazon or eBay , you will probably notice many are imported. The formula is fairly simple: purchase your initial inventory, create a brand, and then  market and advertise your products online .

You can even use  dropshipping  or Amazon fulfillment services to do the whole thing and increase your average order value without a physical warehouse.

• Business type: Online/offline
• Good for: Stay at home parents ✔ undergraduate students ✔ kids and teens ✔

6. Affiliate marketing

Affiliate marketers promote products made by other people and then earn commissions on their sales. Amazon is easy to get accepted into and currently the most popular platform for affiliate marketing, but there are many alternatives as well. Affiliate marketing is often combined with blogging to create a seamless mix of content and promotion.

7. Data analyst consulting

With  the rise of big data , an increasing number of companies need to make sense of heaps of information to adjust overall business strategies. A data analyst has the technical expertise to do this and often has a background in economics, mathematics, or finance.

Data analysts  who work for large international corporations can earn more than enough money to support extravagant lifestyles.

8. Niche interest website owner

New trends start every day, and some become pop culture sensations. Your job as a niche website owner is to capture the market before it gets too saturated.

Creating a niche-interest website ( using WordPress ) will allow you to secure your place on the top of search engines, resulting in thousands of daily visitors. Using a tool like  StudioPress  can make this even easier. Blogging will grow your audience.

Ready to begin? Step one is choosing the right host.  Bluehost our top recommendation for most because of it’s affordable price point, beginner-friendly onboarding process, and any time customer support.

• Potential: High value ⬆

9. Search engine optimization consultant

Search engine optimization (SEO) is an absolute necessity for anyone who wants to be relevant on the web.

A capable  SEO consultant  can turn a dying business into a prosperous operation in a matter of months. The best SEO professionals can earn as much as seasoned software developers.

10. Business incubator

The role of a  business incubator  is to help new companies and startups plan and begin small businesses successfully. A typical business incubator will provide clients with management training, office space, high-speed internet connectivity, and other necessities.

You don’t have to think too big – being a small,  local incubator  can be the perfect place to start.

Arts and Media Business Ideas

11. self-publishing.

Some self-published authors earn as much as  $100,000 yearly . You can achieve the same kind of success — and all you need is a few freely available tools and the ability to write a compelling book that will sell.

You don’t have to earn six figures to succeed with self-publishing. Just a few hundred extra dollars every month can go a long way. Many self-publishers begin with freelance writing or a simple website, relying on web hosts like Bluehost  to get started.

12. Social media consultant

This business is ideal for someone who knows how to use social media to obtain business objectives. You can specialize (e.g., in running  ads on Facebook and other social media platforms) , or be a generalist social media manager who can navigate LinkedIn, Snapchat stories, Twitter, and more accounts.  Social media tools  make this management easier.

While some social media consultants can earn big bucks, most can only manage to earn an  average wage .

13. Content writer

Businesses of all sizes embrace  content marketing  as their primary way of attracting customers and establishing their position as market leaders.

A content writer should be able to digest complex topics and turn them into engaging posts quickly and well-optimized for search engines. As such, it’s great for people who know a little bit about everything.

14. Podcasting

Podcasting is a fantastic way to make a few bucks on the side for anyone who deals with interesting or niche topics suitable for this format. There are already dozens of entrepreneur and business-focused podcasts out there.

Do you like video games or ethnic music? Interested in startups and entrepreneurship? Plenty of people would look forward to hearing your show on their way to work or school. Check out our full guide on how to start a business podcast to learn more about the process.

15. Blogging

Blogging is still alive and thriving. While it’s technically free to get started, you’ll have to be patient: it will take a while to get exposure and grow your audience. These days, the competition is fierce. Good knowledge of SEO is essential, as is the ability to create excellent content.

For anyone serious about starting, growing, and monetizing a blog, we recommend Bluehost + WordPress as the best place to get started. It’s easy to use, affordable, and flexible to match your needs & skills as you grow.

16. On-demand/streaming video content

PewDiePie is one of the biggest YouTube stars with over 111 million subscribers. His journey to stardom started in his room with a humble webcam and one simple  Let’s Play  video, which he does to this day.

Beyond live game streaming, there are still vast, unexplored seas filled with  opportunities  for anyone on YouTube who dares to go after them.

17. Handmade goods

If you are a crafty person, look at  Etsy , the largest online market for homemade and vintage goods.

You will find an amazing mix of leather wallets, lamps made from river wood, unique hand-printed t-shirts, jewelry, organic soup, and countless other things.  Top sellers  often expand beyond the platform, creating their own brands and opening stores across the globe.

Keep in mind you can sell your products on more than one site, including your own with an ecommerce platform like Shopify & BigCommerce .

18. Antique refurbishment

If you like working with wood and beautiful, valuable objects in general but don’t have the drive to create your own,  antique refurbishing  could be your ticket to success.

Depending on what you do exactly, you don’t need to invest a lot of money to get started, but you will need to  travel  across the country to get the best pieces on which to work.

19. WordPress themes

Are you a web developer or designer who earns passive income from a side business? If so, creating  WordPress themes  might be the right path for you. You can sell your themes on websites like  Envato Market .

Once your theme is finished, you will still need to provide customers with  ongoing support  and updates, but can do so when you please.

20. Drone videographer

If you like piloting drones, perhaps consider working as a  drone videographer . You get to go to interesting places, meet cool people, and eventually develop a portfolio that could land you a job in Hollywood or a high-paying company in the real estate industry.

Professional drones are expensive, but you can  start small  with a midsize one and a GoPro camera and go from there.

21. Subscription service

The main advantage of the subscription model is its predictable nature. As the number of your subscribers rises, you will know exactly how much you can expect to earn every month. Platforms like Patreon or Ko-fi are great ways to connect with fans who support you monthly.

The  largest subscription services  in the world are well-oiled machines that generate hundreds of thousands of dollars in revenue.

Education-Related Business Ideas

22. language teacher.

For a long time, language teaching has been the go-to side business to make money for students and even full-time high school or university teachers. Now, with Skype and ubiquitous internet access, everyone can start  teaching languages  from the comfort of their home.

You don’t even have to know any  foreign languages  yourself – there are many advanced learners who are happy to practice their conversation skills.

23. Online course creator

One of the most popular platforms where people can access massive open online courses ( MOOCs ),  Coursera , has more than  100 million users  hungry for knowledge. Such courses go  far beyond  the traditional high school curriculum.

If you have any skill you think people might be interested in, there’s nothing stopping you from giving it a go. All it takes is a web camera, capture software, and basic editing skills.

Hospitality and Food Services Business Ideas

24. hostel owner.

With services like Airbnb, anyone can turn their house, garage, or single room into a  unique accommodation  for tourists and travelers from all around the world.

The platform takes care of the initial exposure and provides a way for owners and clients to communicate. If you happen to own a house in an attractive destination, you can even expect to  earn good money .

25. Event planner

The internet has enabled people to connect with like-minded individuals from across the globe, creating the best small business opportunity for  event planners .

Event planning requires organizational skills to  manage an event  like a wedding or a trade show. Money can then be made from entrance fees, sponsorships, on-premise sales to attendees, and more.

26. Food truck

Do you like to cook and always like coming up with new, creative ideas? Then opening a  food truck  might be just for you.

27. Catering business

These days, starting a catering business is all about finding the right niche. You can specialize in whatever type of food you like, any type of clients, and any type of venue.

You can cater to young professionals who want to organize networking events or be known as the  go-to caterer  for children’s parties. Picking a specialty can help you find underserved clientele.

28. Craft beer brewing

Producing small amounts of  beer  has recently turned into a popular hobby and fantastic business opportunity.

You will need to  invest  in equipment, acquire the necessary knowledge, and possibly even employ a handful of people to help you with the entire initiative. But seeing the finished product being served to customers in your favorite pub will be a wonderful reward.

29. Gluten-free bakery

This is just like a regular bakery, only  gluten-free . While starting a small home bakery won’t cost you much, a larger commercial operation is expensive.

You can get the necessary  equipment  for a competitive price if you search for used commercial components online. Learn how to use blogging to increase awareness of your business and grow revenue.

30. Guided tours

Are you situated in a popular tourist destination? If so, you may consider yourself lucky.

Starting a guided  tours business  can be a good opportunity. You can use it to make extra money during the summer, or it can be the start of a much larger business that employs other people to work as  guides . Consider setting up a website that enables people to book tours online.

Technology Business Ideas

31. mobile application developer.

Mobile applications are more popular than ever, and people are willing to pay good money for ways to manage their lives from their smartphones.

If you have a great idea and know how to code, you can run with it and  create your app  yourself.

Plenty of software developers  collaborate  with people on app creation if you just have an idea and need graphic design.

32. Virtual reality/augmented reality app developer

The virtual reality (VR) software market is expected to reach  $29.17 billion in revenue during 2022-2026 . A good chunk of that revenue could be in your pocket.

All you have to do is learn how to develop immersive VR and augmented reality  (AR) experiences . The internet is full of resources and communities of like-minded people to help you along the way.

Video:  Get an introduction to virtual reality by creating a VR app for Android in 15 minutes.

33. Virtual reality arcade owner

The first batch of  VR arcades  is just starting to pop up in some of the world’s largest cities.

Virtual reality is the perfect fit for arcades and could really bring new life to this dying business. The technology is still not 100% there, but it probably will be soon.

33. Indoor drone racing venue

Drone racing  is expected to be a multimillion-dollar sport within the next few years.

If you have a suitable indoor venue where you could host races or let people practice their  flying skills , definitely consider this business. Additional income could be made from posting the footage online.

34. Energy auditor

Green energy solutions can lead to dramatic savings, allowing some people to completely drop from  the grid .

As an  energy auditor , you will help businesses and individual home and apartment owners find ways to decrease their energy footprint as well as their monthly bills.

35. 3D printing services

3D printing  is taking the world by storm, and you can be part of this revolution if you invest in a high-quality 3D printer and offer it to other people.

They simply send projects for you to print and pick up, or you can send things in a box.

36. E-bike repair services

E-bikes  are finally becoming affordable for the average consumer. But most traditional bike shops lack the necessary expertise that would allow them to service the often complex electronic components found inside.

If you feel up to the task, this could be a tremendous  opportunity  to become the biggest player in your local area.

37. Web development

As long as there will be a web, there will be a need for web developers.

Modern web development requires more than mastering  HTML  with  CSS  and perhaps learning PHP or JavaScript. Any web developer who wants to be competitive must become familiar with various frameworks, supporting technologies, web designs, and trends.

Taking low-cost courses online is a good place to start.

38. Smart home contractor/consultant

Modern  smart home  solutions can do everything from remotely controlling light bulbs or  air-conditioning  in your house to a health-monitoring application on your smartphone. However, not everyone is in a position to set up or maintain the complex systems that make these conveniences possible.

Personal Services Business Ideas

39. dog walker.

Dog walking usually involves walking the dog from its home and then returning.

A dog walker can either be an individual or part of a business like  Rover . They will be paid for walking or for pet sitting.

• Good for: Undergraduate students ✔ kids and teens ✔

40. Personal shopper

Shopping for groceries, clothes, or electronic goods can eat up a lot of time. A  personal shopper  can help busy people reclaim this time in exchange for a small fee.

You can go to stores in person , or give online recommendations about which products the client should buy.

• Business type: Offline/online

41. Mobile pet grooming

As more and more people are postponing or foregoing the decision to have children, their attention turns to  their pets .

Many owners are willing to pay as much as several hundreds of dollars to give their beloved pets a  makeover . If you start a pet grooming business, set up a website that enables visitors to book appointments online.

42. Decluttering services

With the tremendous success of “The Life-Changing Magic of Tidying Up” by Marie Kondo, there has been a surge in demand for decluttering services. People need to get rid of useless things that become an emotional burden.

This business is far from being just a  cleaning service  in disguise. More often than not, people will be unwilling to give up even what’s clearly just trash, so you must also have a good understanding of human psychology.

43. Green cleaning services

The only thing that differentiates  green cleaning  services from regular cleaning ones is the type of products used. But this simple thing can turn otherwise unattractive businesses into something highly desirable.

People in upscale neighborhoods are willing to pay a lot of extra money just to know they are helping to preserve the  environment .

44. Beard care products

You can start your own  beard care  brand with a few cheap ingredients available online. When you create a good product, all you need to do is take care of its marketing and bulk manufacturing.

45. Pet daycare

If you love animals and pet sitting and have enough room to spare in your house, you can start a  pet daycare  business.

There’s not much to it: pet owners leave their animals whenever they have to go out for a longer time, and your job is to provide  everything  they need and ensure that the pets will be happy.

46. Daycare service

Even though you can start a  childcare service  from your home, it’s best to still prepare for a large investment.

If you live in a large city, definitely consider catering to a niche group of  parents  and charging premium prices for your services. You could focus on children with specific allergies or serve only organic food.

• Good for: Stay at home parents ✔

47. Sustainable landscaping

Sustainable landscaping  business uses strategies to avoid negative environmental problems like excess stormwater run-off, drinking water pollution, and invasive species propagation.

These landscapes  often feature shade structures and bike racks made from recycled materials, wireless irrigation systems, native grasses, and large, open areas for sports and leisure.

Health Care Business Ideas

48. medical courier service.

This low-cost startup is an attractive option for those who are organized, responsible, and have a reliable vehicle. Medical couriers may deliver equipment, lab specimens, prescription drugs, documents, or even organs.

Couriers make an average of $36 an hour or over $70,000 a year. You can start as a sole driver and then expand by hiring other drivers. Consider forming a limited liability company (LLC).

• Investment: Low investment⬇︎

49. Respite care

This business provides planned temporary relief to adult caregivers of elderly parents. This non-medical work may entail a few hours a week of assistance or stepping in while the caregiver takes a vacation.

Individual providers of respite care can expect to earn between $20 to $40 per hour or an average of $54,000 per year. You can start the business as a solo provider and then expand it into a highly profitable venture.

50. Growing medical marijuana

If you live in a state or country where medical marijuana is  legal , you can consider starting your own growing operation. The initial setup can be costly, but your days will be spent taking care of a  wonderful plant  and helping people improve their health and well-being in general.

Don’t Forget To Form Your Business

Once you’ve decided to set up a new company, the most important next step is to form your business and create a website . Most small businesses are set up as an LLC . This keeps all your assets separate from the company’s, limiting your personal liability while giving the pass-through tax benefits of being a sole proprietor.

321 Best Small Business Ideas (for 2024)

• 5 months ago

Are you looking for small business ideas to start in 2024? Every business owner has different priorities, so we’ve structured this blog to help you consider the business ideas that are best suited to you.

One question many new entrepreneurs have is how to find business ideas that match their skills, lifestyle, and financial goals. This article will help you brainstorm business ideas by listing small businesses that have

• A proven business model
• A reasonable initial investment

And they don’t require too much effort for most business owners to get off the ground .

We’ll start by providing some resources that will help you narrow your business options then break our list of lucrative business ideas into sections based on different interests and business goals. That’s followed by a brief overview of how to choose the best business to start for you.

By the end of this article, you’ll have the resources you need to review relevant testimonials, home in on a great business idea, and take your first steps toward small business ownership.

We’ve broken the business ideas into the following categories. Click any of the links below to jump straight to that section:

The 23 Most Profitable Business Ideas (2024)

6 businesses that never fail (well, rarely), 22 home business ideas, 33 low-cost business ideas with high profit potential, 59 online business ideas, what are good business ideas for women, 12 truly unique business ideas, 56 small business ideas for teens, 19 categories of business ideas you can also consider, research methodology, how to choose small business ideas, implement your own business idea.

Get ready to find a successful business idea that fits your needs. Let’s start with some of the most profitable business ideas you can start in 2024.

Business owners are trying to make good money, and the best way for new small business owners to succeed is by starting a company in a thriving sector. The industries with the highest profit margins are included in the table below:

• Investments and Asset Management
• Software Applications
• Healthcare Products
• Real Estate Investment Trusts
• Financial Services
• Healthcare IT
• Household Products
• Gaming Software
• Information Services
• Restaurants
• Insurance Companies
• Computer Companies
• Education Businesses
• Drink Companies
• Brokerage and Investment Banking
• Home Builders
• Broadcasting
• Diversified Companies
• Electronics
• Retail Building Supplies
• Real Estate

Keep in mind that these are just broad categories, and there are a variety of successful business ideas you can start within each of these segments.

Case Study: Hill Vending

Want to enter the restaurant or drink company niche? Starting a vending machine business can be a practical and lucrative business idea for those with limited resources. With minimal upfront costs and potential for passive income, it offers flexibility in hours worked and a way to dip your toes into entrepreneurship.

Check out the interview we’ve done with Adam Hill and how he generates almost $60K a month with his vending business :

If you enjoyed the interview, make sure to check out our free vending machine course !

Case Study: The Restaurant Boss

There are also successful small business ideas that span multiple categories. A consulting business is one example of a niche that has high demand in multiple sectors. For someone who is a CPA or has other financial sector experience, financial advising or investment management consulting can be an easy business to start.

On the other hand, someone who is an experienced restaurant manager could find consulting in that niche is a good small business idea. That’s what Ryan Gromfin did when he wanted to become his own boss. Now The Restaurant Boss is a $35K-a-month company. You can hear how he started it in this interview:

Starting your own business often comes down to matching your expertise with the needs of the market. Consider the profitable niches listed above and whether you have any skills or interests that will let you start a small business that will thrive in that area.

What are some business ideas that are guaranteed to succeed? The truth is, even great business ideas aren’t going to be profitable 100% of the time. However, six businesses have such high success rates that they make great starter businesses. If you’re looking for the easiest business to start, consider the options below.

Laundromats

Statistics from Alliance Laundry Systems show a 94.8% success rate for their franchisees. Independent laundromat business owners confirm this high rate of success. Combine that with the success of laundromats we’ve interviewed , and they seem to be one of the top easy businesses to start and make a great profit.

Real Estate Investing

With good credit and a few thousand dollars in down payment, you can start real estate investing . The 50 largest cities have a median rent of $1,879 and average mortgages are $1,427, meaning you can make an extra $450 a month renting homes. Add Airbnb rentals to that and you can make even more.

Self-Storage

Self-storage can make a lot of money, too. The average space rental is $1 to $3 per square foot monthly. When you buy a space for less than $150 square foot , you can add automation and a coat of paint and increase the value.

After six to seven years, you’ll have made enough to pay it off if you want, and then it’s nearly 100% cash flow.

Last-Mile Delivery

Rideshare and delivery businesses have both low startup costs and high demand, making them excellent contenders for the best small business to start. You don’t have to set pricing, though you must manage expenses and ongoing costs.

These local business ideas give you easy wins when you start, but they aren’t the most profitable. They’ll show you why a business needs to be scalable .

Online Business Flipping

Buying successful online businesses, automating them, and increasing their revenue is a great way to get started. The best part is you don’t need to develop your own online business idea. Simply find an online business for sale at a low price, then improve it and sell it to make a profit.

Senior Care Centers

The over-65 population will double by 2060, and they’ll need care centers. All levels of government subsidize these centers and each resident space receives $2K to $5K per month for the service.

Some of the best business ideas are home-based businesses. When working in your own home, startup costs are low. You can also save on recurring costs since you can deduct a portion of your rent or mortgage, internet connection, and power bill from your expenses.

A few low-cost business ideas to start from your own home include:

• Online Translator
• Virtual Call Center Operator
• Online Store
• Affiliate Marketing
• Virtual Assistant
• Digital Marketing Services
• Niche Website Owner
• Interior Decorator
• Make Jewelry
• Public Relations
• Real Estate Agent
• Remote Concierge (helps connect people with things they want)
• Personal Trainer
• 3D Printing Services
• Web Development
• Social Media Manager
• Graphic Design Business
• Event Planning Business
• Property Manager
• Landscaping Business
• Pet Business

Mobile businesses are great to start from home because potential clients won’t need to come to your storefront—instead, you go to them. Popular mobile business ideas include a car detailing business, a pressure washing business, or a personal training business.

A landscape business is another great option for starting a small business from home. That’s what Mike Andes did. His landscaping business is now one of the fastest-growing franchises in the world. Hear his story in this interview:

The business world is full of entrepreneurs who have started small businesses with little or no money. When you think about low-cost, high-profit small companies, many require no formal qualifications or licensing. Here are 33 we suggest exploring:

• Dropshipping
• Tutoring Services
• Hauling Business
• Digital Marketing Consultant
• Tour Guides
• Green Business Consultant
• Window Blind Cleaning Service
• Online Business Manager
• Fashion Designer
• Local Delivery Services
• YouTube Content Creator
• Search Engine Optimization
• Freelance Writer
• Equipment Rental Service
• Ice Cream Truck
• Meal Prep Company
• Mobile Food Carts
• Mobile Locksmith Services
• Telephone Answering Service
• Mobile Pet Grooming Business
• Candle Maker
• Security Company
• Mobile Car Wash
• Research Services
• Decorating Services
• Dent Removal Service
• Dog Walking Business
• Pet Sitting Service

Most small businesses have the potential for low startup costs—as long as you focus on keeping your overhead costs down, start from home, and document your business finances. If you haven’t watched our interviews with Paul Akers, check out the one below:

For more information on most of these lucrative business ideas, check out our blog about 30 businesses to start for less than $10K . It’s full of experiences from existing business owners who have already succeeded.

The best part about many online business ideas is that they have a low barrier to entry. As long as you have a stable internet connection, you can start a small business fast and with low upfront costs.

What are some good business ideas to start online? Some of the top start-up business options for online entrepreneurs include:

• Virtual Assistant Services
• Digital Marketing Campaign Manager
• Career Coaching Business
• Sell Beard Care Products Online
• Start an Online Clothing Boutique
• Any Consulting Business
• WordPress Themes
• Online Course Creator
• Mobile App Development
• Custom Drone Builder
• VR/AR App Developer
• Web Developer
• SaaS Business Owner
• Electronic Repair Business
• Freelance Writing
• Self-Publishing
• Audio or Video Transcription
• Medical Transcription
• Meeting Transcription
• Business Plan Writer
• Sell Handmade Goods Online
• Image Consultant
• YouTube Stardom
• Data Analyst Consulting
• Social Media Management
• Graphic Design Artist
• Career Coaching
• Sell Print-on-Demand T-shirt Designs
• Sell Poster Designs
• Sell Greeting Cards
• Sell Handmade Jewelry
• Music Lessons
• Freelance Musician
• Nutritionist
• Design and Sell Gift Baskets
• Clothing Boutique
• Language Teacher
• Online Teaching
• Financial Planner
• Online Bookkeeping
• Business Incubator
• Property Management Company

You can check out this interview with Kevin Espiritu to learn how he turned his gardening side hustle and blog into a $7.3M-a-year online business:

Or check out this podcast to find out how Workello grew into a $70K-a-month SaaS company:

You can also learn more about the best online business ideas on our blog.

Women play a very different role in business now than a few decades ago. The U.S. Census Bureau conducted a study and found that women business owners are starting businesses faster than the sector growth rate in most major industries.

According to the same U.S. Census Bureau report, many businesses tend to attract an initial investment from women. The industries with the most women are:

• Food Services
• Professional Services
• Scientific Advancements
• Tech Services
• Administration
• Waste and Remediation
• Hospitality
• Construction

Good news! Many of these are extremely profitable business ideas with high demand. Here’s a list of 114 new business ideas for women.

Best Business to Start for Women

• Makeup Artist
• Personal Shopper
• Hair Stylist
• Create WordPress Themes
• Mobile App Developer
• Energy Auditor
• Solar Energy Consultant
• Content Writer
• Handmade Goods
• Audio and Video Transcription

Check out our podcast with Charmaine Nicole, founder of Sydney Nicole Hair and Black Hair and Skincare, to learn how to start your own business in the beauty niche:

• T-Shirt Design
• Poster Design
• Greeting Cards
• Drone Videographer
• Social Media Consultant
• Expert Witness
• Mobile Laundry
• Decluttering Services
• Green Cleaning Services
• Airbnb Cleaner
• Vrbo Cleaner
• New Home Construction Cleaner

We also had the chance to talk to Afshan Abbas, founder of Fuchsia Shoes. Find out what she told us about her $60K-a-month shoe business .

You might also check out our video with Shed Gal Susan Frair to see how she has become the number one shed dealer in the country:

• Teach Computer Skills
• Event Planner
• Party Planner
• Wedding Planner
• Wedding Officiant
• Wedding Photographer
• Wedding Videographer
• Holiday Decorator
• Open an Event Space
• Catering Business
• Craft Beer Brewing
• Espresso Cart
• Gluten-Free Bakery
• Organic Vending Machines
• Organic Food Catering
• Organic Café
• Coffee Shop
• Farmers Market

Check out our blog about Pam Christenson of Synergy Massage Therapy to learn how to start your own massage business.

• Personal Chef
• Fitness Instructor
• Anti-Aging Spa
• CrossFit Gym
• Medical Courier Service
• Mobile Medical App Developer
• Acupuncture Business
• Mobile Hearing Aid Specialist
• Respite Care 
• Medical Marijuana
• Massage Therapist
• Interpreter
• Paralegal Services

Every small business idea should be somewhat unique, but what are some truly quirky business ideas?

Living in Vegas, I’ve had the opportunity to see some of the most distinctive business ideas in the world. From Cirque du Soleil to fire dancers, we have some crazy businesses here. Here’s a list of unusual business ventures you can consider:

• Tours of haunted locations
• Prop design for parties
• Throw concerts.
• Creatively themed haunted houses
• Video game-themed restaurants and bars
• Comic-themed businesses
• Star Wars-themed businesses (Get Disney’s permission.)
• Swingers clubs (Yes, they exist.)
• Become a meme lord—create funny memes, share them, then sell them on designs.
• Create your own cryptocurrency.
• Professional huggers are also a thing. If you want to make depressed people feel better, hugs increase the chemicals responsible for happiness.
• Sell Non-Fungible Tokens—they can be artwork, titles to homes, and concert tickets. There are a ton of use cases you can read about in FinTech Magazine . The Merge by Pak below sold for $91.8 million .

If you start a business venture in these fields, be careful—some of them may put you at risk depending on laws and regulations in your jurisdiction.

Teens historically have a higher unemployment rate because they have no experience. If you are a young adult who wants to earn money, consider some of these teen entrepreneur ideas:

• Transcription
• Proofreader
• Tech Consulting
• Graphic Design
• Cleaning Service
• Photography
• Greeting Card Writer
• Handmade Jewelry
• Babysitting
• Social Media Influencer
• Pet Sitting
• Fire Spinner
• Pet Photographer
• Pet Grooming
• Dog Walking
• Errand-Running Service
• Delivery Service
• Packing Business
• Holiday Decorating Business
• App Development
• Recycling Business
• Provide Art Lessons
• Livestream Your Gaming
• Sports Promotion
• Videographer
• Gift Wrapping Service
• Landscaping
• Laundry Service
• Cake Making
• Resell Stuff Online
• House Sitting
• College Prep Courses
• Social Media Marketing
• Leaf Removal
• Sell Lemonade or Other Drinks
• Sell Ice Cream
• Sell Your Art
• Power Washing
• Sell Print-on-Demand Products
• Invent Cool Stuff
• Teach Tech to the Elderly
• Tech Support
• Set Up Computers for People
• Caricature Artist
• Window Washing
• Sign Spinning

Read more about each of these in our Best Business Ideas for Teens blog post.

Watch our interview with an 18-year-old who started a $144K-a-month pressure washing business :

If you’re still not sure how to get ideas for a business, it might help to start with a topic that interests you so you can answer “What are business ideas in my niche?” Peruse these groups to see if any of them catch your eye.

Fashion Business Ideas

If you’re into fashion, consider these ideas:

• Barbershop Owner
• Beard Care Products
• Tattoo Studio

Technology Business Ideas

If you’re into technology, consider these ideas:

• Importing Electronic OEM Gadgets
• IoT Service Provider
• Smart Home Contractor

Want to Start a Writing Business?

Try these ideas if you want to start a business that leverages your passion for writing:

Choose an Artistic Business Idea

These are some great business ideas if you love artistic endeavors:

• Graffiti Art

Businesses to Start in Photography or Videography

If you love working with a camera, you should consider some of these ideas for a business:

• Family Photography
• Business Headshots Photographer
• School Photography Business
• Event Photography
• Product Photography
• Boudoir Photography
• Real Estate Photography
• Create Your Own Movies
• Music Video Production
• Wedding Photography
• Wedding Videography
• Virtual Tour Production

Check out our blog about becoming a photographer .

Want to Be a Consultant? Check Out These Ideas!

If you know a ton about a specific subject matter, consulting could be your perfect business idea. Here are some of the best options:

Find out how Cliff Ravenscraft has helped more than 40,000 people launch podcasts in this podcast interview:

List of Cleaning Business Ideas

We’ve created tons of educational content related to starting a cleaning business . These are some of the ideas you can apply it to:

• New Commercial Construction Cleaning
• Move-In and Move-Out Cleaning
• Home Cleaning
• Apartment Cleaning
• Office Cleaning
• Specialty Cleaning
• Duct Cleaning
• Carpet Cleaning Business
• Window Cleaning Business
• IT Cleaning Business
• Property Cleaning Services
• Dry Cleaning Business
• Rug Cleaning
• Hazardous Waste Removal
• Mold Remediation
• Power Washer Business
• Laundromat or Clothes Washing Business
• Dry Cleaning
• Boat Cleaning

Check out our interview about how to start a cleaning business with Chris Mondragon below.

Need a Business Idea that Involves Teaching?

Whether you’re a certified educator or just love teaching, consider these business ideas:

Start a Business that Helps People Plan

Some people are great at execution, while others are good at planning. These business ideas are for planners:

Ideas that Involve Weddings

Some people just love weddings. If you’re one of them, any of these could be the right business for you:

• Start a Wedding Band

Love Food? Look at this Business Idea List!

Here are 14 ideas that involve delights for foodies:

• Food Truck Business
• Create Recipe Books

Here’s a great interview we’ve done with a food trucking business.

Learn about running a restaurant straight from one of the oldest restaurants in the country:

I’m a Financial Wizard…What Business Idea Is Good for Me?

For those of you who are great at math, consider these opportunities:

• Data Analytics

Businesses That Involve Tangible Work

If you like doing physical work that keeps your hands busy, consider a business idea in one of these fields:

• Antique Refurbishment
• E-Bike Repair Services
• Solar Contractor
• Sustainable Landscaping
• Furniture Repair
• Upholstery Cleaning
• Upholstery Repair
• Custom Furniture Maker
• Appliance Repair
• Fence Installer
• Graffiti Removal
• Moving Company
• Christmas Tree Sales
• Mobile Car Repair
• Tow Truck Company
• Tree Trimming

Construction is another great hands-on niche. For advice on how to start a small business in construction, watch this interview with Vitaly, whose company, VP Homes, brings in very impressive profit margins:

Consider These Real Estate Ideas

If you want to own land or buildings, consider these businesses:

• Business Broker
• Office Space Rental
• Hostel Owner
• VR Arcade Owner
• Indoor Drone Racing
• Flea Market
• Home Inspector

Learn how JayMarc Homes grew into an $80M-a-year real estate business in this interview:

I Want to Start a Healthy Living Business

If you love health, here are some business ideas for you:

• Growing Medical Marijuana

Business Ideas in the Legal Field

You could become a lawyer, but there are a handful of other businesses that keep the legal field running. Consider one of these to get you started:

Love Animals? Start a Pet Business

If you love animals, there are a variety of businesses you can get into, from providing in-demand services to pet owners to raising animals of your own.

Here are some of them:

• Dog Groomer
• Pet Sitting or House Sitting
• Veterinarian
• Pet Trainer
• Start a Ranch
• Start a Farm

Businesses that Require Driving or Traveling

Expect to be on the go with these ideas for a business:

• Security Services
• Guided Tours
• Electric Charging Station Provider
• Uber or Lyft Driver
• Delivery Driver
• Mobile Pet Grooming
• Exotic Rental Car Company
• Mobile Massage Therapist

Miscellaneous Business Ideas

• Importing Electronic Gadgets
• Subscription Service Owner
• Professional Juggler
• Start a Franchise
• Buy a Franchise

To compile this list of profitable business ideas, we took the following steps:

• Download the NYU Stern’s Industry Sector database of publicly held companies.
• Adjust the Net Margin by adding the Stock-Payments-to-Sales Ratio because most small businesses will not be paying employees with stock. This step gives a more accurate estimation of privately owned companies’ profits.
• Compare each segment to the total market (including and excluding financials). Financial companies have a completely different set of rules they live by, and the way they make money is not comparable to other small business ideas.
• Include segments with a higher net income than the overall market (excluding financials).
• Compare the industries based on barriers to entry (green is best, red is worst).
• Compare the industries based on the percentage of the industry representation in the database.

If you’d like to play with the complete data, you can find it here .

Every business owner is different, as is every successful business. If you want ideas on how to start a business, you need to consider small business ideas that fit your personality, skillset, and lifestyle.

Before you go full steam ahead, ask yourself the following questions:

• Is there a problem I want to solve?
• What do I want to spend the rest of my life doing?
• Do I have experience in the industry?
• Do I have the education to implement my business idea?
• How much will my small business idea cost?

Let’s look at how these questions will impact choosing your best small business ideas.

Is There a Problem I Want to Solve?

Many small business owners start their own businesses because they see a problem in an industry and believe they can solve it. If you have a problem that needs to be solved, do market research, create a business plan , and start your own business.

If you don’t already have a small business idea, keep reading. I have some strategies I have developed to help people achieve their goals.

What Do I Want to Spend the Rest of My Life Doing?

Over the years, a lot of people have told me, “I want to start a business but have no ideas.”

A business is simply the intersection of what you are good at, what you enjoy, and what you can make money doing. There are so many business opportunities that people sometimes find these three questions overwhelming. That’s why I recommend a simple two-step strategy:

• Take an aptitude and interest test.
• Research your results.

I’ll explain the benefits of each step and how they’ll help you find good small business ideas for you.

Take an Aptitude and Interest Test

An aptitude and interest test is a two-part test used by high schools, colleges, the military, and state unemployment offices to help people find careers.

The aptitude portion of the test is skills-based and helps you figure out what you do well compared to other test takers. There are various questions involving abstract thought, math, English, and problem-solving. Job Test Prep has some examples of the questions you’ll be answering.

The interest portion asks questions like:

• How much do you enjoy working outside on a scale of 1 to 10?
• How much do you enjoy driving on a scale from 1 to 10?

The interest portion is focused on narrowing down the fields you are good at to ones that you will enjoy based on job descriptions. If you don’t like driving and don’t like working outside, then you probably won’t want to start a landscaping company.

I recommend reaching out to your local college or unemployment office and asking if they offer free or low-cost tests. They tend to have the most effective tests. O*NET ONLINE has resources for you to find the nearest career services centers.

Onet also provides online tests through My Next Move . You can find reviews of other tests on Monster.com. When you finish the test, it will give you a list of potential jobs that look similar to the one below:

It will also ask you to limit jobs by the education required. I chose “high education” for this one, and it suggested the following positions:

• Advertising & Promotions Managers
• Advertising Sales Agents
• Art Directors
• Commercial & Industrial Designers
• Fundraisers
• Graphic Designers
• Interior Designers
• Media Programming Directors
• Media Technical Directors and Managers
• Music Directors & Composers
• Producers & Directors
• Talent Directors
• Video Game Designers
• Writers & Authors
• Choreographers
• Marketing Managers
• Public Relations Specialists

Now, you have a list of good business ideas, but how do we limit it to one great idea? You’re about to find out.

Research Your Results

We just limited the choices dramatically, but that doesn’t mean you’ll make a great living doing all these. Fortunately, the Bureau of Labor Statistics is extraordinary at collecting and analyzing data. The Occupational Outlook Handbook (OOH) shows the data on each industry, including:

• Expected Growth
• Education Level
• Job Functions

The picture below shows an example of the OOH. Your goal here is to verify that your business idea is in a growing field and will make you a reasonable living. Without those two characteristics, a small business idea will be competing with existing businesses for a smaller pie.

The best small business ideas will be in quickly growing industries because it’s easier to make a great living. Future Business Tech has a quick read about the fastest-growing sectors, and except for renewable energy and e-learning, all of them are in tech.

The Future Business Tech blog coincides with historical trends from the stock market, where IT, healthcare, and consumer discretionary offerings beat the market average between 2007 and 2021.

Do I Have Experience in the Industry?

Paul Akers, the owner of FastCap , has brought hundreds of products to market in the woodworking industry, and he told us:

“You have to be an expert in your field, or you almost don’t have a chance these days.”

If you don’t have experience, there are plenty of ways to gain it. You can:

• Work with a small business in the field to gain experience.
• Take online courses.
• Find a business partner.
• Freelance on Fiverr .

Once you’ve built up some experience, it will be easier to implement a business idea successfully.

Do I Have the Education to Implement My Business Idea?

Some fields have educational requirements that may lengthen the time to launch a business idea. For instance, states require engineers to have a bachelor’s degree, references, and five or more years in the field to become a Principal Engineer (the person who signs construction documents certifying they are up to code).

If you don’t have the education and experience, you have a few options:

• Consider small business ideas with less stringent requirements and get the education you need while working on another business idea or in a related field.
• Fast-track your education. I completed a bachelor’s and an MBA between 2013 and 2017. You can move fast if you are determined.

How Much Will My Small Business Idea Cost?

Small business ideas can cost several thousand to millions of dollars, depending on the industry. According to Zen Business , some with the highest barriers to entry include:

• Telecommunications
• National and international shipping providers
• Drug manufacturing (the legal kind)
• Air transportation

Those niches are likely to be more expensive business ideas to start. The flip side of this is that they often have equally high revenue potential…if you have the financial resources for them.

On the other hand, some small business ideas require only a few hundred dollars. You can still make excellent money with a low-investment business, too.

For example, Mignon Francois had about $5 to her name when she started her cupcake business. Today, the Cupcake Collection is a $10 million company. Hear her story in this interview:

Now that you know how to come up with business ideas, get ready to implement your idea.

After reviewing the list of business ideas, you’ll need to narrow it down to a few that might work for you. Then, begin working through these actions:

• Perform market research.
• Write a business plan.
• Identify the total addressable market.
• Get funding.
• Name the business.
• Structure the business.
• Prepare to start running your business.

Let’s look at how each of these helps you turn a good business idea into a profitable business.

Perform Market Research

Understanding the industry you are going into is critical. You’ll need to understand who the major players are, what role they play in the market, and how they attract customers.

You’ll also need to understand who your customers are. That’s the point of market research. You are working to become an expert in the field. We have a whole blog dedicated to conducting market research .

While doing market research, make sure to save information about your competitors. I also suggest following their social media accounts to keep up to date on what businesses owned by other people are doing.

Make sure to sign up for early access to our mentor group .

Write a Business Plan

After researching the market, you’ll want to write a business plan. A business plan is simply a document that communicates what you are trying to achieve.

You can write a one-page plan or a highly detailed one. Regardless of whether you are going into event planning, becoming a life coach, or teaching a foreign language, complete business plans all include:

• Company Description
• Description of Products and Services
• SWOT Analysis
• Competitor Data
• Competitive Analysis
• Marketing Expenses Strategy
• Pricing Strategy
• Distribution Channel Assessment
• Operational Plan
• Management and Organizational Strategy
• Financial Statements and/or Financial Projections

For more information on each of these subjects, check out our blog about how to write a business plan or watch our interview with Mike Andes. He started mowing lawns to pay for college and has turned Augusta Lawn Care into one of the fastest-growing franchises in the world:

Go here to download our free template to help you create your own business plan. Or, if you don’t want to create your own, try Wise Business Plans . Their team of MBA writers, market researchers, and graphic designers has written more than 15,000 business plans.

Financial projections are an important part of this planning. We’ll explain the easiest way to estimate the market opportunity next.

Identify the Total Addressable Market

The total addressable market (TAM) is how much a small business idea is worth if the small business captures 100% of the addressable market. You’ll be able to establish this through market research.

For instance, if you’re selling custom-made tags for dogs, you would find the TAM by establishing:

• The number of dogs: We might encounter 76,811,305 in the U.S., according to the American Veterinarian Association .
• Percent of people who prefer custom products: Approximately 3.5% prefer vanity products based on U.S. vanity license plates.
• Value of tag: The average is about $20.

So the TAM would be 76,811,305 x 3.5% x $20 = $53,767,913.50. Of course, you aren’t likely to get 100% of that, but the #1 Etsy pet product seller makes approximately 2% of it per year. Find out how.

You’ll also need to fund your business. We’ll show you how.

Get Funding

Realistically, to succeed, you’ll need at least $1,000 to start some of the best small business ideas, plus enough to cover any personal and business expenses. Consider eCommerce shop ideas if you want low-cost side business ideas .

Whether you take a low-cost approach as you start a business or want to build a company you’ll eventually franchise, the most common options are:

• Self-funding: This might be what you earn from work or pull from retirement funds.
• Personal loan and mortgage refinance: Talk to your bank about these options.
• Loans from friends and family: Make sure to treat them like you would any other business partner.
• SBA Loans : These are harder to get but often have some of the best terms on the market.

Make sure you have a well-documented business plan if you are seeking loans. Lenders want to know that you have truly thought out your small business idea before they will consider lending you money for it.

One of the biggest mistakes small business owners make in their attempts to get funding is assuming they can make as much as major corporations do.

Most businesses make less than $100K in revenue, and businesses without employees average less than that. In fact, most earn less than $50K per year in revenue. But as employees increase, so does revenue. Consider this breakdown of average revenue by number of employees:

• 1-4 Employe es : $387,000 average revenue
• 5-9 Employee s : $1,080,000 average revenue
• 10-19 Employees: $2,164,000 average revenue
• 20-99 Employees: $7,124,000 average revenue
• 100-499 Employees: $40,775,000 average revenue

Even if you’re borrowing money from friends and family, presenting them with your plans for the business can prove that you’re serious about your new small business, making them feel more comfortable investing in it.

If you’re looking for financing, go apply with our lending partners .

Name the Business

You’ll need to choose a business name. You’ll want to make sure:

• The .com domain is available . Use GoDaddy to check and reserve your domain.
• The name is available in the state(s) where you want to re gister . Just search ”my state’s SOS website” to find where to check for your state.
• The trademark is available. Use the Trademark Electronic Search System .

As long as all three show the name is available, you are ready to go to the next step, creating the business structure.

Structure the Business

A business structure simply identifies the type of business you are operating. This means you will:

• Choose whether you want to be an LLC, Sole Proprietor, S-Corp, C-Corp, or other structures. Read about the 11 types of business structures to see which is best for you.
• Register with the Secretary of State.
• Get an Employer Identification Number from the IRS.
• Get a state seller’s permit/tax ID.
• Get any city or county licenses required.
• Fulfill any special requirements for your industry.

Make sure to consider your personal liability when choosing a structure. People typically go with an LLC, but recent research shows many businesses should opt to become an S-Corp for tax purposes.

Once you’ve taken these steps, you’ll be legally able to open a business. For low-cost businesses like blogging or social media management, you can get started almost immediately. For others, you’ll have other work you need to do. We’ll look at that next.

Prepare to Start Running Your Business

If you completed the last step, you are now a business owner. You’ll need to do a little more before you are ready to serve customers, though. Depending on your business type, you might need to:

• Order inventory.
• Choose a location .
• Hire employees.
• Create your own website .
• Get insurance .
• Get a business bank account.
• Market your business.

There’s no one perfect business for everyone. Knowing how to get business ideas is the first step to evaluating all the options out there. Ultimately, you’ll have to identify which small profitable business ideas are best for your skills, personality, and location.

While it’s great being your own boss and setting your own hours, not everyone wants to start a business from scratch. We have resources for you if you’d prefer to buy a business, too. Check out our blog about how to buy a business for another way to become a small business owner!

What are some small business ideas you are considering, and what’s the most important factor in your decision-making process?

Brandon Boushy

Brandon Boushy lives to improve people’s lives by helping them become successful entrepreneurs. His journey started nearly 30 years ago. He consistently excelled at everything he did, but preferred to make the rules rather than follow him. His exploration of self and knowledge has helped him to get an engineering degree, MBA, and countless certifications. When freelancing and rideshare came onto the scene, he recognized the opportunity to play by his own rules. Since 2017, he has helped businesses across all industries achieve more with his research, writing, and marketing strategies. Since 2021, he has been the Lead Writer for UpFlip where he has published over 170 articles on small business success.

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9 thoughts on “321 Best Small Business Ideas (for 2024)”

How profitable are online startups?

They vary based on what you are goods or services you offer, but well-run online startups will reach between 20 and 36 percent net profit.

I am interested in the side hustles businesses

We have a blog on side hustles. https://www.upflip.com/blog/side-hustle-ideas

Please save my email for more ideas e Wow! Was very informative article

How we can start marketing for startups?

Inspiring read! Check out more small business ideas at https://kbmediacorp.ca/ .

Wow! This is not the usual cookie cutter list! Thank you for an in-depth post. I have recently started blogging, but I’m always interested in learning about small business ideas! Thank you!

This is a really informative article with lots of great ideas. Could you please tell me what software you use to run your incredibly fast website? I also want to create a simple website for my business, but I need help with the domain and hosting. Asphostportal reportedly has a good reputation. Are there any other choices available, and if so, what would you suggest?

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Top 52 Future Business Ideas for 2024-2030 & Beyond

With the arrival of the new decade, your business ideas should also have new thinking. Looking at the changing technology, changing mindset, and emerging demands, new startups must have fresh thought and planning. Here in this article, we list the best future business ideas and opportunities that can fetch good profit returns.

The single most significant aspect that is revolutionizing businesses is the advent of technology. Most traditional business models are becoming defunct and obsolete. To be successful in any business activity, one can’t shy away from incorporating technology.

For example, even a few years back traditional manual printing business was a hugely profitable venture. Now it is almost finished. The Digital printing press has taken over. In every sector, we see these changes. For entrepreneurs to be successful in the coming years, entrepreneurs must have an open eye toward the latest technological developments and the business opportunities that crop up.

52 Future Business Ideas

1. virtual reality.

Virtual reality is a fascinating area of future business, where you can go through a different level of experience with the help of just a pair of goggles and the right computer. If you are tech-savvy, you can create new games or software and do your business, as virtual reality is very much in demand today. The VR gaming market is set to reach $45.09 billion by 2027.

However, if you are not a software person, you can also do good business by starting your VR-related website, where you can give updates on new games and software.

2. Renewable Energy Solutions

The global renewable energy market is expected to reach $1.5 trillion by 2025. Renewable energy refers to energy derived from natural resources that are replenished naturally, such as sunlight, wind, rain, tides, waves, and geothermal heat.

You need to decide on a specific niche within the renewable energy sector. For instance, you might focus on solar panel installation, wind farm development, or biomass energy production. Specializing allows you to carve a niche market for your business.

3. Yoga Studio, Massage Therapist, Personal Trainer

More and more people have started relying on Yoga for their health and weight-related problems. If you are a trained Yoga expert, your future business can very well be centered around Yoga. If you have space, you can open a Yoga Studio. Or can be a personal Yoga trainer. There is a very good market for massage also. You can be a massage therapist. Social media can be a good publicity platform for you.

Learn More: How to Start a Yoga Studio Business

4. Ethical Business Consulting

Ethical entrepreneurship and management are a huge focus of concern for today and potentially profitable among future business ideas in the consulting industry in the days to come. The area of ethical business consulting is becoming wider day by day.

It’s not just about discrimination based on race, gender, sexuality, and religion and protecting employees and vendors from it– business owners and managers are also worried about other things like ethical product acquisition, social responsibility, and environmental awareness.

There are hundreds of potential customers waiting for an ethical business consultant for assistance. There are many areas for you to work in, and you can easily pick a specialty area of your operation.

5. Chatbot Agency

Chatbots are the future of the marketing business. A chatbot is a computer program designed to simulate conversation with human users, especially over the Internet. Companies now need them to have direct contact with their customers and clients. Not only that, but chatbot communications are also available around the clock.

Chatbot agency is among the most profitable tech-related future business ideas at present. You can learn to make them for companies with different short courses. You can launch it through Facebook Messenger and it works through Messenger and comments. It can process orders from Facebook and integrates with all main payment processing platforms. So, it is the future of business communications.

6. Website Rentals

Developing a website for clients is a common business. But, renting out a website is conceptually new as a business idea. As a web developer, you can create several websites at a time and rent out customized versions of them to local clients, who will pay you for development as well as for regular maintenance.

7. Subscription Box

The concept of a Subscription Box is a known one. You have seen them many times on Facebook, Instagram, or Pinterest. But you can think of items like perfumed candles, essential oil, or organic products which are in much demand now and create a new kind of subscription box in your future business idea. Or you can have a YouTube channel, where these items will be unboxed and reviewed.

8. Food Truck

The food truck is not a new concept, but the future business in food trucks lies in healthy fast food. With increasing health awareness and calorie consciousness among people, healthy snacks like oil-free food, healthy salads with quinoa or kale, whole grain wraps, or fresh smoothies have replaced oily high-calorie snacks and desserts.

Learn More: How To Start A Mobile Food Truck Business

9. Bookkeeping Services

If you are good at simple mathematics and have knowledge of accounting, you can keep this service on your business list. You have to be conversant with free-to-use online invoicing tools such as Sighted.com and online payment tools like Due.com. Some services you can offer include:

• Creating balance sheets
• Providing income statements
• Creating various monthly, quarterly, or annual financial reports.

Learn More: How To Start A Bookkeeping Business

10. Personal or Virtual Assistant

This is a good business idea and has a steady demand. You can work from home, or online. You need not work for the specific office time slot. Moreover, you have the liberty to choose your employer. You can get virtual assistant job assignments through portals like Upwork, Fiverr, Freelancer, etc.

Learn More: How to Start a Successful Virtual Assistant Business

11. Social Media Marketing

Starting a social media marketing business can be a great idea for future businesses. As we all know now, social media has grown into an inexpensive, vital marketing strategy for businesses of all sizes. Many enterprises are very keen to hire social media marketing experts. Becoming a social media marketing expert needs more experience than education.

You can do courses on it, but your acquaintance with social media and research is most important. You can do it from home, provided you have a computer and internet. As a social media marketing expert, you can offer a variety of services to your clients.

12. App Developer

If you have the thought, creativity, and knowledge, you can think of developing an application as a future business. People are becoming more and more dependent on apps, so the demand for new and sophisticated apps is on the rise. You can start your app development company at home.

You can work for different companies and develop an app for them. Or you can develop the app for the bigger market and launch it for a fee or free of cost, where you get revenues from the advertisers.

13. Website Developer

This is a business idea that will never go out of demand. You can learn the language of website creation through a customized course or online through portals like Codecademy.com and start your own web development company.

As a website developer, you can offer a host of services like creating and designing new websites, incorporating changes or additions to existing websites, maintaining websites, etc. But you have to have interest and creativity. As for your charges, it is better to go for a project-based payment, rather than hourly rates.

14. Internet Security Consultant

Internet security consultancy is a great business opportunity in the coming years, as security threats are increasing every day. It has a growing demand which will increase with time.  But, you need a degree in IT and cybersecurity for that.

You can work as an Information Security Consultant, Computer Security Consultant, Database Security Consultant, or Network Security Consultant. You can start your consultancy from home. After gaining some experience, you can expand your business with bigger clients.

15. Telemedicine and Online Health Platforms

The COVID-19 pandemic has accelerated the adoption of online health services. The Telemedicine market is predicted to reach $185.66 billion by 2026. If you have experience in the medicine sector, it is worth considering starting an online medicine business.

16. Tax Consultant & Financial Advisor

This is a kind of business that has an all-time high demand. Every company, big or small pays for the preparation of their tax papers. So, if you are well-acquainted with the tax structure and the procedure, you can start as a freelancer and operate from home with your computer.

If you are a Certified Financial Planner (CFP) you can start your business as a financial advisor. As a freelancer, start with individual clients, and then, with experience you can expand to companies or start your own company.

17. Blogger or Vlogger

If you have a passion for anything, or a good knowledge about anything from fashion to sports, or politics to cooking, you can take up the idea of becoming a blogger or vlogger and consider it as a profitable future business. This platform will help you to spread your expertise to the world and get you money by offering advertising space and a review of products on your platform. You can do this from home at your convenience. You need a computer and a good camera.

Learn More: How to Start a Blog & Make Money

18. Website Flipping Business

As this concept is gradually gaining momentum, this can be a very promising business idea for you. Flipping a website means buying an already existing website, making value additions to it from both content and technical angles, and selling it at a higher price. If you have the appropriate web development skills, it is a very easy and cheap trade to explore.

You can operate from home with your system. However, you need to be able to identify websites that have the potential for improvement. Since the valuation of domain names is increasing greatly website flipping has become more financially accessible to clients compared to domain name investment.

19. Translator

If you know more than one language and have a flair for writing, then working as a professional translator can be your future business idea. It has a global demand; you can work from home and get contacts from online portals like Freelancer, Truelancer, Upwork, or Fiverr.

A translation business makes money by charging a fee for translating various types of documents. Depending on the length and complexity of the document, fees may be either by the hour or by the assignment.

Learn More: How to Start a Translation Agency Business

20. Editorial Services

If you are a creative writer by passion, you can start your business of editorial services. It needs very little investment and you can work from the comfort of your home. Almost all the online portals like Freelancer, Truelancer, Upwork, etc provide you with contacts. Under the editorial service, you can do a variety of jobs like Copywriting, Ghostwriting, Article and news writing, Web content writing, Proofreading, Editing, etc.

21. Online Photo Selling & Video Production

Are you a professional photographer? Or a passionate one? Then you can think of selling your photos online . You need a DSLR camera and a computer. Get yourself registered on online photo-sharing sites like GettyImages or Flickr.

Then you can set up your site from where you can sell your photos. You can also use your videography skills in your home-based business. You can create or edit music videos, make ad films, or sound clips. All of these are good-paying jobs.

22. Meal Planning

In this fast-moving life, planning meals for people of different age groups or professions can be your good future business idea. Busy people are often clueless about what to buy, what to cook and maintain a budget. As a result, they often end up eating out which is neither good for their health nor their budget.

For this business, you need to develop your website or blog, where you can plan shopping lists, recipes, and budget-friendly and easy-to-cook meals for your customers. For value, in addition, start planning for breakfast, lunch, and snacks.

You can also include special meals like Paleo, Vegetarian, Vegan, or other special types. Start with discounted rates. Social media publicity and word-of-mouth reports will make your business bigger.

23. Patient Advocacy Services

For people keen to help out senior citizens in times of medical emergency, this service is a very potential business idea for the future. You have to help them out with doctor’s appointments, hospitalization, checking the bills, a settlement with the insurance company, etc. All this you will do against a charge. You can set up an agency and arrange for membership fees, where you will have the cushion of money to start performing.

24. E-commerce Store

You may have good designing skills, or you can paint pictures very well or make high-class handicraft items. However, there is a budget constraint in setting up a store, hiring people, or doing the billing. Think of an eCommerce store as your future business. The global sustainable products market is estimated to reach $150 billion by 2025.

With online shopping becoming a part of life, you can et up your e-commerce store to display your items for sale. Make the publicity of the store through social media and share the link of your site with your profile. Once it is showcased properly, you will get a lot of customers.

25.  Outsourcing Business

Industry pundits suggest more and more companies will hire freelance or contract-based employees in the coming years. The signs are already observed across the globe. Industries will see more competition in the future and sustain companies will have no other option but to outsource most of the jobs to part-timers and freelancers.

If you have good communication skills and network capacity, starting an outsourcing company surely is among the most profitable future business ideas for startups.

26. Sustainability Consultant

The concern about the protection of the environment and checking pollution has made the role of the sustainability consultant very significant. If you are qualified to take up this consultancy as your business, your future seems very promising. Companies big or small, are looking for new ways to do their part for the environment by implementing greener practices.

Unfortunately, many of the more eco-friendly options available today are very expensive. As a result, they need a consultant who can advise them on how they can change their process without sacrificing their bottom line. As consultants, your responsibility will be to integrate sustainability into business strategy and execution. Also to use sustainability to enhance market credibility.

27. Travel Planning, Tour Guide

With your organizational skills, you can make traveling easier and hassle-free for your customers. You can book flight tickets, rent a car, arrange for sightseeing or conduct tours, book hotels for your clients, and charge a consultancy for the service which most people cannot organize due to time constraints.

All these can be done from home, or online. Your good network and performance will be your strong publicity by word of mouth and social media. If you know your city well, you can work as a tour guide to give travelers a local flavor by organizing heritage walks, taxi rides, etc. The total package of tourism can earn you good money.

Learn More: How to Start Tour Guide Business

28. Event Planning

If you are a good organizer with innovative ideas, you can take up event planning as your future business. There are several corporate and social events taking place around the year. As an event planner, you have to take care and charge of all the aspects of the event from guests to transport, from venue to food, and from decoration to unique gift ideas.

You can operate from home, but you are required to supervise every aspect. It gives you a good income. You can have your website or depend on social media for personal contacts for business.

Learn More: How to Start a Party Planning Business 

29. Tutoring

Your experience as a teacher or a good academic background can fetch you a good income by tutoring. You can teach online, through different portals available. Or you can teach children or elders at their homes. It has a high demand among students.

You can also work online to teach college students and write academic projects or help in their research projects as well. This job has the foremost condition of a sound academic foundation. The payment rate is quite good.

Learn More: How to Start a Successful Tutoring Business

30. Dog Walker/Trainer/Groomer

There are many places where people are pet-friendly but do not get time to take out their pets for a walk. If you are a pet lover, this is a good future business idea for you. You can take dogs for regular walks.

Apart from that, you provide caring services like grooming the dog, training them, or dog sitting. This job is quite good paying and your good performance will fetch you more clients. You can also start an agency for a greater number of clients.

31. Packing Services

If you have an eye for details, pack neatly and have patience, you can think of this as your future business idea. In today’s fast-moving world, families and companies are constantly on the move and need all their belongings with them, but don’t have the time.

Here is your role as a packer, who packs everything for the client. You have to note all the details and pack them with relevant stickers. This business can be started with a shoestring budget and you do not need an office. Use social media, flyers, and word-of-mouth publicity as your marketing tool.

32. Caregiving, Babysitting Services

You can start Caregiving as a business with a nominal budget and the time can also be flexible. But you need a professional degree for this and certification in health and safety measures as caring for the aged needs some specialization. As a caregiver you have to provide services like cleaning, washing, laundry, taking your patient out, dressing him/her, buying the essential things for them, etc.

With training, you can also work as a babysitter where the pay is very good. You can work as a nanny or tutor of the kid. Remember, compassion is the first and foremost condition of these services.

Learn More: How to Start a Babysitting Business

33. Bed and Breakfast Services

This is a very bright business idea, as many travelers now prefer this service. You just need a spare room in your apartment for this business. You can advertise your room through sites like Airbnb and earn by renting it. As the owner or landlord, you can offer bed, breakfast, and other services like other meals, city tours, or housekeeping services. This gives a good return.

Learn More: How to Open a Bed & Breakfast Business

34. Digital Media Conversio

This is the business idea of transferring the old into new media. If you have the technical knowledge, you can start the business of transferring old CDs and DVDs into computers. There are many such CDs and DVDs with rich content like music, movies, or old videos of archival value. So, digitization of these can retrieve some valuable resources.

You will get a steady client for this service and a good income. Offer your service to different social media and advertise through fliers.

35. Personal Driver or Taxi Services

If you like to drive and live in an urban area, you can start a personal driver service. Many business persons need drivers to go to and from work to make calls, schedule meetings, and generally work on the operational aspects of their companies during that time. You can work in your capacity.

If the demands are high, you can also set up an agency. If you own a car and a smartphone, you can work as an app cab driver like Uber. Any IoT( Internet of Things) related industry will see huge growth in the coming years. A report by the global management company McKinsey suggests that the coupling of digital and physical worlds can help in creating a revenue of $11.1 trillion a year by 2025.

36. Hairdressing or Makeup Artist Services

This is a good business idea for all time. If you have the training or know the technique and art, you can start from your home. Just make sure you comply with all your state’s requirements for opening a salon in your home. You could also offer other services like:

• Hair colouring
• Hair extensions
• Nail Care Services

37. Interior Designer

This is quite a prospective business idea for you, as both homeowners and business houses need interior designers. If you have formal training or a degree it’s good, but in this business, it is not essential. The essential part is that you have to do a lot of research at home and come up with several model designs for your clients.

You have to know the mental preferences of your clients, the owners of the rooms of a residential place, the nature of the business, or target clients in the case of a business house. Also, you need to know whether the place should be pet-friendly. This business is well-paid. Try to keep a signature style that speaks of you.

38. Electronics Repair Services

This is an age of electronic gadgets and devices. So, the repair of such gadgets can be a very good business for you. Every household has multiple devices and in case of a breakdown, they prefer a quick fix nearby, instead of sending them to the service center for many days. The common gadgets you have to repair are Appliances, Computers, Cameras, Phones, Speakers and musical equipment, Televisions, Gaming devices, etc.

39. Auto Repair Shop

You can start an auto repair shop from home if you have space and tools. On the other hand, if you don’t have space but have the tools, you could open a mobile auto repair shop where you go to the vehicle and do the repair work there. You can also start your car wash and detailing shop.

You don’t need to have any engineering skills or training, just a keen eye for detail and no problem getting your hands dirty. This is a very rewarding business that can become extremely profitable with the right promotion.

40. Lead Generation for Small Businesses

This is one of the most lucrative future business ideas for the coming decade. Lead generation in simple words means the process of creation of consumer interest or inquiry into products or services of a business.

Lead generation is the process of attracting leads (potential customers) with the hope of nurturing them throughout the buying process to help convince them about the offerings and then convert them into paying customers. One of the tools of lead generation is attracting customers to the company’s website by creating attractive and effective content.

This business can be done by you if you find a niche for you and do your research well on that industry and the lead. This is done mostly by consultants or freelancers and is an extremely paying business. You can take a short course in Lead Generation and learn the different techniques.

41. Boat & Helicopter Tourism

This is a profit-making business. However, you need a good amount of investment in it. Tourists around the world prefer a boat or helicopter ride. So, in this business, you offer the tourists a value addition as well as a unique experience. Investments are high, but the charges from the tourists are also high.

42. Robotics

If you know about Robotics, this is your extremely potential business idea for the days to come. But there will always be ample opportunities for entrepreneurs that can take advantage of the situation. There are numerous applications for robots in our current world.

As a result, there are endless opportunities for potential robotics businesses. Robots can be used in cleaning, construction, entertainment, and even warfare. Therefore, if you understand robotics you are going to make a very comfortable profit margin. Robot repair, diagnostics, and maintenance are all zones with enormous potential.

43. Coworking Space

If you have experience as a remote worker, you know that now, there are several areas where remote workers outnumber office workers. These remote workers in many cases need a well-equipped space for working, and here you can grow your business by renting out a co-working space at an hourly rate. As the demand is growing with time, this is a good business opportunity. Space should have a good ambiance quiet atmosphere, a good network, and high-speed internet.

Drone services are a good business area for the future if you are technically sound. With time, the use of drones has become manifold. Drones are used in rescue operations, surveying land, agriculture, and security. Now, filmmakers are also using drones for better filmography. Both the government and private sectors use drones for various kinds of data collection.

There are a variety of models of drones so, you can do the business of manufacturing as well as servicing and earn good returns.

45. Stem Cell Therapy

The demand for and use of stem cell therapy has expanded to a great extent. This has given you the scope to put it on your future business list. The growing demand suggests that even without a medical or scientific background you can reap the growing income potential. You can start a stem cell bank or a testing lab or test the use of stem cells in different areas.

46. Wind Energy

You can start a wind power generation farm, as wind power is gaining more and more popularity as an alternate power source. In some cases, an entire town can run on wind power. This demand will only increase with time. So your business potential is very high. In many cases, the wind farm generates more energy than required. Then you can sell the excess energy to government agencies or corporations.

47. Online Currency Exchange

It is a lucrative business for you. There are several tutorial videos, online courses, and applications that offer step-by-step guides to becoming a currency trader. All you need are-

Technical skills, Fundamental analytical skills, a small amount of cash flow, and a phone, tablet, or computer. Locate yourself where travelers can be found and provide the service of exchanging the currency of one country for the currency of another, charging the consumer a small fee for the transaction.

In online currency exchanges, you trade one digital currency for another or sometimes cash out currencies for consumers. Do good market research before you start the business.

48. Vertical Farming

This is a modern concept and can be your ambitious future business. With the growth of the population, more emphasis on farming is being given. The global vertical farming market is expected to reach $12.04 billion by 2026. If you have an interest in farming, you can think of this futuristic business.

Here, instead of growing crops flat on the field, plants are stacked vertically above each other. This saves space, keeping the production volume the same or more. Many modern cities have already adopted this method of farming, where ecological balance is also maintained apart from growing crops.

Related: Most Profitable Livestock Farming Business Ideas 

49. Solar Power

Starting a business of solar power, or solar panels can be a very good business as the demand for this clean energy is already on the rise. Not only that, but the government also provides a lot of benefits to entrepreneurs working on solar panels. Moreover, your client base will be huge, from households to offices because this will cut their power bill. And you will also be able to help many entrepreneurs with this reasonable power supply.

50. Fundraising Consultancy Service

This can be a very good future business, as the non-profits are continuously in need of funds. If you have the marketing skills and the ability to research and utilize the results, you can go for it. Fundraising consultants also help in the search for human, material, technical, information, and other resources for their clients.

This business does not need much of an investment to start with. Only your movement cost will be covered by the client. As for payment, try not to go on commission on the funds you organized. Instead, go for a particular rate on an 8-hour daily basis.

51. Wellness App

The health and wellness sector is on a spree of upward growth. If you are a good software developer, you can devise a wellness app, which helps people in several ways. For example, calorie count, destressing means, or counseling features.

Today’s generation is fast-moving and faces a lot of problems that they can’t address due to the dearth of time. This kind of app will be of enormous help to them. Digital and social media advertising can help you get clients.

52. AI-Powered Personalized Marketing

More and more business organizations are using artificial intelligence technology in their marketing campaign. The AI in marketing market is projected to reach $40.09 billion by 2025. AI enables businesses to deliver personalized experiences, boosting customer engagement.

Frequently Asked Questions

Why should i explore future business ideas.

Exploring future business ideas allows you to stay ahead of trends, leverage emerging technologies, and position your business for long-term success. It provides opportunities to tap into evolving consumer needs and market demands.

How do I identify profitable future business ideas?

Research and market analysis are key. Look for trends in technology, sustainability, and changing consumer behaviors. Consider industries with growth potential and gaps that innovative businesses can fill.

What role does technology play in future business ideas?

Technology is a driving force in future business trends. Businesses that embrace and leverage technological advancements are better positioned to succeed. Stay informed about emerging technologies and their applications in various industries.

How can I secure funding for a future-oriented business idea?

Funding options include traditional loans, investors, venture capital, and government grants. Craft a compelling business plan highlighting the future viability and profitability of your idea to attract potential investors.

What are some challenges I might face with future business ideas?

Challenges may include rapid technological changes, market uncertainties, and initial scepticism. Stay adaptable, conduct thorough market research, and be prepared to pivot your strategy based on evolving trends.

How can I ensure my future business idea is sustainable?

Consider the long-term impact of your business on the environment, society, and economy. Embrace sustainable practices, ethical business models, and social responsibility to ensure your business remains viable and socially responsible.

Are there industries that are particularly promising for the future?

Industries such as renewable energy, technology, healthcare, and sustainable products show promise for the future. However, the key is to identify niche opportunities within these industries that align with emerging trends.

How do I stay updated on future business trends?

Regularly engage in market research, follow industry publications, attend conferences, and network with professionals in various sectors. Stay curious and open-minded to new ideas and innovations.

Can I start a future-oriented business on a small scale?

Yes, many future business ideas can be started on a small scale. Consider niche markets, innovative solutions, and scalable models that allow you to test the viability of your idea before scaling up.

Are there support networks for entrepreneurs exploring future business ideas?

Yes, various organizations, incubators, and networking groups support entrepreneurs working on future-oriented projects. Explore local entrepreneurial ecosystems and online communities to connect with like-minded individuals and access resources.

About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their businesses.

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78+ Future Business Ideas For 2025

Interested in starting a future business ideas for 2025 business in 2024?

We put together 78 of the best future business ideas for 2025 businesses you can start in today.

For each business idea, we’ll show you real-world examples of other future business ideas for 2025 businesses to help you see what it really takes.

Here's the full list:

1. Start a cyber security education

How much you can make: $50 — $14,000/month

How much does it cost to start: $1,260 (?)

How long does it take to build: 114 days (?)

G7 Education offers online courses and in-person classes focused on career development, with a focus on cybersecurity and cloud computing, and has been profitable at $50 a month, thanks to customer obsession and a free learning management system.

2. Start a food delivery business

In today’s busy lifestyles and schedules, cooking is no longer a priority to many. People like to order-in food from their nearest restaurants or food joints and enjoy a meal in the comfort of their homes.

The food delivery business is like a courier service through which restaurants deliver food to their customers.

You can offer retail food delivery services to restaurants within your locality if you have a truck. Customers order through a restaurant or grocer’s website, and the owners contact you to deliver.

How much you can make: $4,000 — $83,333,333/month

How much does it cost to start: $2,750 (?)

How long does it take to build: 90 days (?)

Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.

3. Create an online course

An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.

As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.

With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.

For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.

How much you can make: $350 — $3,735,000/month

How much does it cost to start: $1,700 (?)

Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.

4. Start a website development business

Website developers create websites for their clients. as a website developer, your responsibility is to ensure a website is visually appealing and easy to navigate. Web developers also focus on improving the website’s performance and capacity.

To become a website developer, learn different web programming languages. Your customers can be eCommerce business owners or brick-and-mortar businesses looking to have an online presence.

How much you can make: $200 — $350,000/month

How much does it cost to start: $1,750 (?)

How long does it take to build: 60 days (?)

How a founder turned his passion for marketing and technology into a successful Boston-based web design and SEO company, generating over $20k in sales each month by focusing on serving the niche market of small businesses through affordable and personalized services, while establishing his reputation through B2B networking and online initiatives.

5. Start an outsourcing business

Outsourcing is when a business obtains a product or a service from an outsider provider rather than building it in-house. Small companies outsource so they have enough time to attend to critical functions like production.

Many businesses are looking to outsource their non-core activities. Therefore, starting an outsourcing business in 2024 has never been more lucrative.

Start your outsourcing business, identify a niche, and develop a well-researched and complete business plan. Then, invest in the necessary equipment and technology to enable you to deliver services to the customers.

Depending on the nature of your business, you may need staff to help you with service delivery. Finally, when your business is up and running, start marketing and focus on delivering superior service to attract repeat customers.

How much you can make: $50,000 — $1,399,996/month

How long does it take to build: 140 days (?)

This case study follows the founder of SupportNinja, a company that specializes in providing back-office and customer support outsourcing for tech companies, which generates over $9M ARR, has over 100 clients, and has seen a growth rate of 3,684% in the past 3 years.

6. Create a digital wallet app

A digital wallet is a financial transaction application that runs on mobile devices. In today’s digital era, people demand the freedom to purchase anything and be able to pay from their digital wallets.

With technological advancement, making digital payments has become easier than ever before. Anyone can use mobile payment platforms to pay and accept payments online. Therefore, creating a digital payments wallet can be a great business opportunity.

To create a digital wallet, conduct extensive market research and create a business plan. It would help if you could hire competent programmers to create a secure payment gateway.

How much you can make: $220,000 — $1,500,000/month

How long does it take to build: 400 days (?)

iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.

7. Start an IoT startup

An IoT startup focuses on devices connected to the internet that can be accessed remotely through the internet or a connected application.

Research what is essential to the end users to start and build a successful IoT. Leverage what is available to make the application easy to use. Then, create working prototypes, test, and build the application around the clear essential purpose.

How much you can make: $500 — $2,300,000/month

How long does it take to build: 505 days (?)

Craig Rabin invented The Airhook, a two-in-one beverage holder and electronics device holder that attaches to a closed tray table, and successfully launched it through a crowdfunding campaign that raised $15,000 from 750 backers, and went on to ship to every U.S. state and 73 countries, win Travel Product of the Year in 2019, and being featured in over 100 publications.

8. Build an iPhone app

The iPhone is the most popular mobile device in the world. It has changed how we interact with information, entertainment, and communication.

The iPhone has also changed the way we interact with each other. Since its release in 2007, it has become a staple in most people’s lives. It is more than just a phone; it is a tool for staying connected to friends and family and creating new connections.

The iPhone app market is an ever-changing landscape of innovation: it’s not just about making something that works well; it’s about creating something that stands out from the crowd.

It would help if you had something that appeals to your audience to succeed in this market. This can be as simple as ensuring your app has a catchy name or as complex as developing an entire brand identity around your app’s functionality.

How much you can make: $150 — $2,000,000/month

How much does it cost to start: $6,500 (?)

How long does it take to build: 180 days (?)

Time commitment per week: Min. 5 hours/week

Payment.co, an app built on top of the Stripe payment gateway for creating card-present charges, has grown to process over $70M in volume annually since launching in 2015, with the app collecting a 1% service fee on every single charge.

9. Build a SEO tool

SEO tools provide data and alerts about the health and success of a website. Website owners and businesses are looking for tools to help them quickly identify and fix SEO issues. Thus, starting an SEO business that focuses on developing SEO tools can be a rewarding career.

How much you can make: $2,800 — $850,000/month

How much does it cost to start: $1,000 (?)

Solo founder Todd Hooper bootstrapped Prerender.io from zero to $2.5 million in ARR over 5 years by releasing an open-source project on Github and turning it into an SEO-friendly version of React, Angular, and Javascript websites, and then offering it as a SaaS service for businesses.

10. Start a content marketing agency

Content is the currency of the digital world. Today, more and more businesses need to work with writers and content marketers. If you want to get into these kinds of jobs, you should start a writers' or content marketing agency.

Worldwide content marketing industry revenue was estimated at roughly $66B in 2021 . The source projected that it would increase to $76B in 2022 and that it would continue growing over the further years to reach $137B in 2026.

Content marketing will continue to grow in significance with the increased use of digital channels. Therefore, the demand for content marketers is projected to grow by 27% over the next few years.

How much you can make: $500 — $741,666/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 45 days (?)

How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.

11. Start a dropshipping business

Dropshipping is a business model where you sell products to customers without holding inventory.

Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.

To start a dropshipping business on a budget, choose a niche or category of products you want to sell.

Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.

Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.

How much you can make: $6,000 — $3,000,000/month

How much does it cost to start: $6,000 (?)

Time commitment per week: Min. 10 hours/week

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

12. Start a web testing software

How much you can make: $3,200 — $150,000/month

How long does it take to build: 150 days (?)

Reflect is a no-code, cloud-based web application testing tool generating approximately $3K in monthly recurring revenue, offering businesses fast and resilient testing capabilities while addressing a critical need in the market.

13. Start a career coaching business

A career coaching business involves providing personalized guidance, support, and strategy services to help clients navigate professional transitions and growth opportunities.

As a career coach, you design custom sessions to assist with resume building, interview prep, and workplace advancement goals tailored to each client’s aspirations.

With flexibility for in-person or virtual meetings, building a client base lets you empower breakthroughs through specialized advice and accountability.

Launching a coaching practice can be a great opportunity for those with speaking talents and human resources expertise to monetize their natural motivational abilities while setting their own schedule.

How much you can make: $1,000 — $500,000/month

How much does it cost to start: $750 (?)

Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.

14. Start a 3D Printing Business

3D printing is a process that assembles objects layer by layer and starting a business in this industry can be a very creative venture.

You will need investment in the right equipment and materials, and the acquisition of 3D modeling and design skills. You will also need to regularly calibrate and maintain your 3D printers to deliver consistent results.

Plan how you'll handle shipping and logistics, and leverage technology to find new applications of 3D printing in all industries.

How much you can make: $42,000 — $330,000/month

How long does it take to build: 360 days (?)

Founder Roy Kirchner shares how he started an eCommerce business specializing in 3D printing with an initial investment of $65,000, which now averages monthly gross sales of $330,000 and has partnered with international manufacturers and local businesses while offering technical support and education.

15. Start a career coaching business

16. Start a consulting business

Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B , the global consulting industry is one of the biggest markets within the professional services sector.

If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.

How much you can make: $100 — $2,500,000/month

Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.

17. Start a subscription box business

Subscription box businesses offer customers a niche set of products on a monthly basis.

They're in high demand as they add value to customer service, offer exclusive products and can be highly profitable.

To start a subscription box business, understand your niche market, provide quality products, perfect your box design, build a good relationship with fulfillment companies, and market your service.

How much you can make: $400 — $16,666,667/month

How much does it cost to start: $210 (?)

Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.

18. Start an affiliate marketing business

Are you looking for a side hustle to pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long term. It is a way to earn money online by promoting other companies' products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.

How much you can make: $500 — $773,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 55 days (?)

This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.

19. Start a data science company

Data science deals with the vast volume of data using modern tools and techniques to find unseen patterns. Data science experts can add value to any business using the data well. Data science companies help businesses to:

• Mitigate risk and fraud
• Deliver relevant products
• Offer a personalized experience

Given the critical role of data science in business analytics, starting a data science company can be a great idea.

How much you can make: $100,000 — $250,000/month

White Bullet CEO and founder, Peter Szyszko, discusses how he identified and began targeting IP-infringing websites and apps with his IPI Analytics Platform, which has seen the company grow and expand into new areas such as social media antipiracy and connected TV.

20. Start a marijuana cigarette making business

People are always looking for a new ways to enjoy cannabis. Marijuana cigarettes are a great way to enjoy marijuana and they're also relatively easy to make.

Marijuana is a booming industry, and it's only getting bigger. Marijuana cigarettes are a popular way to consume marijuana and are especially popular among people who do not want to smoke a joint.

How much you can make: $275,000/month

In this case study, Evan breaks down:

• Validation: Invited 50 people to try an early sample and interviewed them after
• Early traction: Hit $20K/month after just 5 months
• Financials: Big focus on profits, operating on a 63% margins

When a customer wants to meet you in a Safeway parking lot to get their product faster, you know you have something.

21. Start a nanosatellites building business

22. start a bio-fuel production business.

Biofuel production refers to the fuel produced over a short time from biomass rather than through prolonged natural processes of fossil formation. In today's world, resources are becoming limited and scarce, while countries are focusing on more ways to reduce waste through reuse or recycling.

According to experts, eco-friendly fuels like biodiesel will start making a significant impact on our roads. Therefore, starting a biofuel production company can be a lucrative business you will start today.

The good news is that you can set up a biofuel production business in your backyard. To start producing biofuel, you need access to raw materials and tools. Typical raw materials for biofuel production include used vegetable oil, methanol, and potassium hydroxide. Since you will be dealing with chemicals, it would help if you invest in high-quality PPEs.

Also, it would be best if you had skilled staff to help you produce the biofuels and packaging process.

23. Start a remote working business

24. start a privacy protection firm business.

Privacy protection service helps clients hide their personal information from public view. Data privacy protection has become a top concern for executives globally. A single stroke of bad luck can create a major data security breach and cause a huge financial loss to a company.

Therefore, executives hire professional data privacy protection agencies to help them keep their data secure. Are you an information security expert? You can start a data privacy protection firm and help companies secure their data.

25. Start a data analysis service

A data analysis service is a great way to help businesses make sense of their data. This type of service can be used to provide insights into customer behavior, improve marketing campaigns, or simply help businesses make better decisions.

If you're interested in starting up a data analysis service, You will need knowledge in data analysis and the ability to communicate effectively with clients so they can benefit from what insights have been found by analyzing their information properly - this way it's not just about making money but also helping others!

iTechArt is a leading custom software development company that helps both startups and enterprises streamline their analytics process. They also generated revenue of $209 billion in 2019 , while creating more than a million jobs over the past three years.

Starting a data analysis service is a perfect business idea for those with analytical skills and a desire to help businesses to make better use of their data. This business is in high demand and can be very profitable, with data analysts earning high salaries.

How much you can make: $20 — $2,500,000/month

Pup-eeze, a wellness tracker for dogs that tracks activity, monitors location and automates their lives, was created by Chelsea Rhoads and Elizabeth Hess after realizing how difficult it was to travel with dogs, and now has a consumer-facing application for pet owners to monitor their pets' data and visualize trends.

26. Start a clean energy supplying business

How much you can make: $150,000/month

How long does it take to build: 500 days (?)

KelTech IoT founder Mark Kellett shares insights on building a next-generation energy and infrastructure company bridging the energy and telecoms gap by creating more efficient and sustainable solutions as network demands increase in the age of IoT, with projected revenues expected to be greater than $100M after 5 years.

27. Start an electric car charging station

As EVs become more prevalent on the road, we expect the demand for charging stations to increase. You may be interested in setting up electric vehicle charging stations at shopping malls, residential areas, and commercial centers.

The EV charging business is typically a low capital and operational cost business. The EV charging stations also require fewer human resources, and you can manage them with less intervention.

If starting the EV charging station business, choose convenient locations and a variety of chargers to suit the motorist’s needs.

How long does it take to build: 365 days (?)

28. Start a robotic engineer business

29. become a retirement & personal finance consultant.

As individuals are retiring earlier and more often than ever, there is an increasing demand for these types of services. A retirement consulting business can tap into a growing market of individuals seeking professional guidance for their post-work years.

A retirement consultant specializes in helping individuals plan for a secure and fulfilling retirement.

They assess clients' financial situations, recommend strategies for savings and investments, and guide them on how to achieve a comfortable retirement lifestyle.

How much you can make: $100,000/month

This case study showcases the success of a personal finance expert who has grown his business to make over $100,000 in revenue per month while helping individuals with financial assistance.

30. Start a drone advertising business

As the use of drones becomes more and more popular, the potential for using them as a marketing tool. Our business uses drones to display advertisements in the sky, reaching a wider audience in a unique and eye-catching way.

To start this business, you will need a few key things. First, you will need a fleet of drones that can carry the advertisements and fly for long periods. You will also need to obtain the necessary permits and licenses to operate the drones in your area legally. Additionally, you will need a team of trained pilots to operate the drones safely and efficiently.

To run this business successfully, it is important to have a clear marketing strategy and a strong understanding of your target audience. You will also need to stay up-to-date on the latest drone technology and regulations to ensure that your business is compliant and efficient.

With creativity and the right resources, Drone Advertising can be a lucrative and unique way to advertise your business. We hope you consider joining this exciting industry and bringing your marketing to new heights!

31. Start an automated home cleaning robot business

A home cleaning robot is an autonomous robotic vacuum cleaner with a limited vacuum floor cleaning system that features sensors and automated drives with programmable controllers.

The use of robots in home cleaning is a trend that is gaining traction. Experts estimate that the global cleaning robot market will witness a CAGR of 14.6% in the next decade.

Ideally, homeowners prefer the cleaning robots because they save time, can be used for emergency cleaning, and reach all surfaces, including underneath furniture. Besides, robotic home cleaning has proven to be an invaluable tool for people with mobility issues and those who hate vacuuming floors.

32. Start a freelance marketplace business

A freelancing marketplace is a platform that helps companies find and hire independent professionals for temporary jobs or special projects. How freelancing platforms work is simple.

When a client posts a job on the freelancing platform, interested freelancers will send proposals requesting the client's consideration for the task. The client will hire a favorite candidate and create a contract, which includes funding the escrow account so that all parties feel secure.

Upon completion of the task, the freelancer submits to the client via the freelancing platform and requests payment release by the client. Once the client is satisfied, the next step is the release of escrowed funds to the freelancers.

At this point, the contract may remain open, or both parties can decide to close the contract.

The corporate world has changed more in the past few years. Today's generation of workers prefer working remotely, and most have given up the idea of a full-time job in a corporate office. According to experts, more than 50% of the US workforce will shift to freelancing in the next few years. Therefore, freelancing platforms like Upwork will register more users over the coming years.

As the freelancing economy continues growing, we must keep our fingers on the pulse of this current trend.

Are you looking for a futuristic business idea you can embrace today? How about starting a freelancer marketplace? Building a freelancer marketplace is not as difficult as it may seem.

To start, choose a business niche and decide on the marketplace business model. Then, come up with a list of requirements, and create a visual identity and user interface for your freelance marketplace. As soon as the graphic design is at hand and your product is in action, begin the rapid prototyping process. Finally, test and launch the platform.

How much you can make: $100 — $200,001/month

How much does it cost to start: $4,000 (?)

Flexiple is a customer-funded profitable business, generating $80K in gross monthly revenues on an average over the last 6-months, driven by their focus on connecting high-quality freelancers with companies looking for reliable and remote talent, while continuously iterating on their business model and expanding into complementary areas like tech hiring and content marketing.

33. Start a wind energy installation business

Wind power offers excellent opportunities for fulfilling energy needs. Besides, wind energy reduces air pollution emissions, including sulfur dioxide, nitric oxide, nitrogen dioxide, and particular matter.

The above factors have contributed significantly to the increased adoption of wind power as an alternative energy source. In addition, governments are adopting initiatives to combat climate change, with the adoption of wind energy among the key strategies.

Experts project that the global wind turbine market will grow at a 5.9% CAGR to reach $94.26 Billion in the next few years. Therefore, if you are interested in starting a business in the energy sector, wind energy can be a lucrative opportunity.

To venture into the wind energy sector, consider starting a wind turbine installation business or becoming a certified wind energy solutions installer.

34. Start a mobile marketing consulting business

35. start a children special needs daycare business, 36. start an accounting firm.

Accounting firms provide audit, assurance, consulting, financial advisory, risk management, and tax compliance services.

Professionals are increasingly choosing to work independently rather than for employers. Thus, you may consider starting an accounting firm if you are an accountant.

To ensure a successful business, you must have a blend of accounting skills and experience. Like starting any other business, you must have the drive and the initiative to start your business.

Overall, the success of an accounting firm depends on marketing your services.

How much you can make: $370,000 — $500,000/month

Gauvreau Accounting Tax Law Advisory has gone from $220k in revenue in its first year to over $10 million with 90-100 employees, offering compliance solutions, strategic financial advisory services, leadership coaching, and specialized tax, wealth management, and business financing services; their primary goal is to positively empower business owners to maximize their impact in changing the world, and they plan to go from $10 to $200 million revenue in the next ten years.

37. Start an inventory management system

How much you can make: $500 — $375,000/month

How much does it cost to start: $5,015 (?)

Open-source e-commerce platform Bagisto has generated over $1 million in revenue in the past four years, with $350,000 annual recurring revenue for the past two years, has over 70,000 downloads, 5,000 Github stars, 5,000 community members globally, and over 150 contributors enhancing its features.

38. Start a DNA design firms business

39. start an artificial intelligence business.

The global artificial intelligence market size is estimated to grow by approximately 54% YoY, reaching over 22 billion U.S. Dollars in the next few years.

Therefore, starting an AI-related business today can be a lucrative business opportunity. Are you wondering which AI business ideas you can start in 2024?

Here is a full list of top artificial intelligence business ideas you can start today.

How much you can make: $400 — $1,170,000/month

How long does it take to build: 30 days (?)

AdviNOW Medical uses artificial intelligence to automate clerical work, resulting in doctors being able to focus solely on patients and patients seeing more doctors every day, leading to increased profitability while solving healthcare issues.

40. Start a lunar tour guide business

Since the first travel to the moon, Lunar tourism has remained a common topic at space conferences. Apart from being a trivial topic, lunar tourism is a potential business and so unstoppable.

Thus, many people will enjoy traveling to the moon, and they will enjoy their time there. If you are interested in starting a business in the space industry, consider introducing lunar tourism.

41. Start a vertical farming business

Vertical farming entails stacking farms vertically. Modern farming technology has enabled small land to be utilized for more production. As more people embrace organic farming, creativity is needed to enable the masses to utilize the limited farming land and maximize productivity.

Therefore, people have turned to vertical farming. According to experts, the vertical farming market will reach over $24 Billion in the next few years, registering a CAGR of 22.9 percent.

Setting up a vertical farm requires skills, technology, and equipment. Therefore, there is a business opportunity for those with the relevant skills, technological know-how, and equipment. Starting a vertical farming business can be a lucrative venture.

42. Start a greenhouses company

A greenhouse business involves cultivating plants and vegetables in a controlled environment, typically using a greenhouse structure to regulate temperature and humidity levels. This type of business can be run on a small or large scale, with options for selling directly to consumers or wholesale to retailers or restaurants.

To run a successful greenhouse business, it is important to have a strong understanding of plant growth and care and proper greenhouse management techniques. It is also essential to have a solid business plan, including a marketing strategy to reach potential customers and a budget for expenses such as seeds, soil, and equipment.

One tip for success is to focus on growing high-demand, specialty crops that may be difficult to find locally or in season. Another key to success is continually assessing and adapting to the market’s changing needs, whether through expanding product offerings or adjusting growing methods.

Overall, a greenhouse business can be a rewarding and lucrative venture for entrepreneurs with a passion for horticulture and a desire to contribute to the local food system.

43. Start a community recreation center business

Community recreation centers are public buildings where people of all ages can meet, play sports, and participate in other activities.

In a town or a major city, you likely live among people who enjoy safe, enjoyable recreational activities.

Hence, starting a community recreation center can be profitable.

Gaining relevant experience is helpful if you want to start and grow a successful recreational business. Once you have chosen a niche, you must apply for business registration, tax permit, and other permits as required by law.

44. Start a wellness and natural health business

Have you been toying with the idea of starting a business in the medical sector? How about the wellness and natural health business?

With an approximately 6.4% YoY growth rate, the health and wellness industry is one of the best business ideas you will think of starting today. Health and wellness professionals include health coaches, personal trainers, and even yoga teachers.

If you plan to start a health and wellness business in 2024, find your area of focus, and determine the kind of service or product you will provide. Research the market and find an ideal location.

You may choose the eCommerce or hybrid model, where you have a physical office and online consultation.

How much you can make: $25,500 — $200,000/month

Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.

45. Start a marriage counseling and therapy business

46. start a scientific research business.

How long does it take to build: 240 days (?)

47. Start a migration-as-a-service business

Legacy infrastructure is outdated and unreliable. To achieve the growth and agility of businesses, industries hire migration as service experts to deploy their cloud migration. The migration service involves upgrading the entire business operations to the cloud.

The migration as a Service company applies various automation tools, scripts, proven migration planning, sequencing, matured engagement models, and team structure to deliver a hassle-free experience throughout the business transformation phase.

Experts estimate that migration as a service industry will post a CAGR of over 24% in the next decade.

As businesses focus on cloud computing to enable rapid growth, starting a migration as a service can be profitable. Depending on the service type, the migration is bifurcated into managed and professional services.

How much does it cost to start: $5,000 (?)

48. Start an automated translating services business

49. start an instagram consulting business.

How much you can make: $110,000 — $1,600,000/month

How much does it cost to start: $5,500 (?)

How long does it take to build: 120 days (?)

American Cannabis Company co-founder Ellis Smith shares how they started a $1.8M/year cannabis consulting agency, creating a successful launch strategy and attracting clients through SEO, with plans for acquisitions and expansions to reach 3600 employees within the next five years.

50. Start a body part making business

51. start a space hotel business, 52. start an internet infrastructure business.

Internet infrastructure is a collective term referring to all hardware and software systems that constitute essential components in internet operation. Common internet infrastructure includes routers, switches, hubs, bridges, gateways, load balancers, and servers.

The internet has become a critical component of every business we transact today. Its adoption is expected to continue multiplying. The new connections will require additional internet infrastructure, a trend that will create business opportunities.

Telecommunications companies have provided the infrastructure to allow data flow around the planet. Private entrepreneurs are also chipping in to help meet the demand for internet connectivity and deliver an excellent user experience.

Experts predict the network infrastructure segment will reach $191.8 billion . The largest subsegment will be the Service Provider Network Infrastructure. Therefore, starting an internet infrastructure company could be your next great business opportunity.

53. Start a co-working space rental business

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

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

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

How much you can make: $4,000 — $300,000/month

The founder of The Farm Soho, one of the earliest New York City co-working spaces, shares how he built his affordable workspace model for solopreneurs and startups, as well as discussing his tips for attracting and retaining customers while navigating the challenges of running a business.

54. Start a data crunching business

Data crunching refers to an automated analysis of a large amount of data originating from big data. Once the data is imported into a system, the data is sorted, structured, processed, and analyzed to help a machine reach informed decisions.

Data crunching experts enable companies to derive value from their data by enabling a deep analysis. The business can make informed decisions, and identify new opportunities, so their operations run more efficiently.

Examples of departments likely to benefit from data crunching include finance, marketing, media, entertainment, automobile, and the energy sectors.

For entrepreneurs looking to venture into the business of data crunching, there has never been a better time than the present. Startups and existing companies are hiring data crunching experts to help them understand their customers, so they can streamline operations accordingly.

You need data experts and high-quality hardware to start a data-crunching business.

55. Start a jet-pack dealership

A jet pack, rocket belt, or rocket pack is a device worn over the shoulders like a backpack, enabling the wearer to travel through the air or space using jet propulsion.

Reports show that the jetpack market will rise considerably, a trend that will go on over the next decade. The jetpack application areas include military, first responders, recreational, and commuters.

Therefore, starting a jetpack line can be a great business opportunity. A potential opportunity within this industry is opening a jetpack dealership. As a dealership, your business will involve making the jetpacks available to final consumers. Dealers also offer the sale of service parts and general maintenance of the jetpacks.

If you are starting a jetpack dealership. Find regions where jetpacks are popular. Register your business and market your brand appropriately to expand its reach.

56. Start a holographic theater business

57. start a virtual reality business.

Are you looking to start a virtual reality-based business but unsure what to create?

VR offers business owners new possibilities for showcasing products and services to their customers. The VR industry is snowballing, and experts estimate it will reach a CAGR of 19.0 % over the next few years.

The good news is that there are so many VR business ideas you can start and profit from in the multi-billion dollar industry. If you're looking to start your own VR-based business, here are low-capital options you can choose from.

58. Start an asset management business

Tractian, an industrial AI start-up, offers online maintenance systems that have raised $15M in a funding round, has grown 10x to reach $1.2ARR with a base increase of 30% customers per month.

59. Start a solar powered office business

60. start a biometric sensor business, 61. start a meat grower business.

Cultivated meat, also known as grown or cultured meat, is genuine animal meat produced through the cultivation of animal cells.

The introduction of meat growing eliminates the need to raise farm animals for food. According to a CNBC report , lab-grown meat is making strides, a trend that is becoming unstoppable. Experts project that the cell-based meat market will reach 94.5 billion in the next few years.

If you are starting a lab-grown meat business, establish and meet safety requirements. Then, develop a clear and understandable labeling practice, and focus on offering the customers a price parity with conventional meat.

62. Start a kids friendly apps business

According to experts, 53% of 3-4 years old kids use mobile phones to play games or watch videos. In addition, 79% of 5 to 7 years old kids and 99% of 12 to 15 years use phones for multiple purposes.

Starting a kids-friendly apps business can be lucrative, with kids getting more addicted to using phones.

Are you a qualified app developer? You can start focusing on the development of kids-friendly apps. Alternatively, you can hire an experienced programmer to help you with the app development tasks as you concentrate on marketing.

63. Start a veterinarians business

64. start an employee monitoring business.

How much you can make: $25,000 — $525,000/month

Pingboard, the remote employee engagement platform, has experienced 16 consecutive months of growth during the pandemic and generated $6.3M in revenue in 2022 while serving over 750,000 employees across 2,500 companies globally.

65. Start an in-home senior care business

With the busy lifestyle, family members are often absent and employ in-home caregivers to look after the elderly parents.

Caregivers assist the elderly with personal care routines, including bathing, grooming, dressing, toileting, and exercising. Caregivers also oversee medication & prescription usage and administer medicine.

Researchers anticipate a shortage of more than 100,000 caregivers for the elderly in the next decade. Therefore, starting an in-home senior care business is a great opportunity if you enjoy caring for the elderly and spending time with them. You can choose to work as an overnight caregiver or whichever work schedule suits you.

How much you can make: $250,000/month

The CareSide scaled to $5 million in revenue over 3 years by utilizing a data-driven approach to sales and marketing, with a focus on Google Adwords and Facebook ads, and implementing extensive automation into back end systems.

66. Start an asteroid mining business

67. start a renewable energy equipment and devices selling business.

Renewable energy equipment and devices refer to apparatus permanently installed on premises used for the generation, transmission, or utilization of mechanical or electrical power. With increased technological advancements, renewable energies have a significant impact.

Businesses and households are finding efficient and creative new ways of producing and storing renewable energy to meet the rising energy demand. As investments in renewable energy are rising, demand for renewable energy equipment and devices is rising. Therefore, starting a business in this line can be profitable.

How much you can make: $50,000 — $600,000/month

How much does it cost to start: $2,000 (?)

Clean Energy Solutions, a solar-energy provider based in LA, has grown over 6700% from 2014 to 2019, with monthly revenue around $600,000 and plans to expand its energy-efficient affordable housing division, thanks to its unique solar program allowing clients to save money using solar energy at a lower price than their utility would charge.

68. Start a marketing automation business

How much you can make: $83,333 — $833,333/month

NapoleonCat, the social media management platform with a client base in over 60 countries, expanded their international client base by 150% in a year and is now a global brand with 50% of clients from abroad, aiming to maintain a constant 5% monthly growth in recurring revenue.

69. Start a remote software engineering business

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

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

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

70. Start a water trading business

71. start an electric car production business.

The electric vehicle industry refers to all vehicles that use electricity as their primary energy source. The EV vehicle industry has grown rapidly over the past decade. New businesses are springing up every day to serve EV customers.

Experts estimate that the market size of electric vehicles will reach nearly 26 million people within the next two decades. Therefore, there is a promising business opportunity for those interested in the EV industry.

Starting an EV business involves huge capital investment, while the competition levels are high. In that regard, the easiest approach for entering the EV industry is through partnerships with existing EV manufacturers.

72. Start a power storage business

Demand for energy storage systems is progressing at a CAGR of 11.0% to surpass 435 Billion in the coming years. According to experts, the growing demand for efficient and competitive energy resources will propel the market growth.

As energy storage systems continue to become popular, starting a storage systems business today will be a great idea. Business opportunities within the energy storage sector include:

• Grid-scale storage
• Behind the meter storage
• Off-grid storage
• Mobility storage

73. Start a stem cell pharmacy business

74. start a solar water system business.

The use of solar water heaters to generate heat is a well-established technology that has been around for decades. Adding solar water heaters to a house is proven to add value based on the energy efficiency factor and the fact solar energy reduces the carbon footprint.

Besides, modern solar water heaters provide a low-maintenance energy option and will provide heating no matter the weather.

Solar water heating solutions have become a popular option based on this efficiency. Starting a solar water heater business can be a lucrative venture. You can start a solar water heating systems manufacturer, installer, or dealership under an established systems manufacturer.

75. Start a nanomedic business

76. start a car sharing service.

Globally, people are looking for the most cost-effective way to move about. The increasing cost of car ownership has forced people to car sharing services.

Car sharing is where vehicle owners offer their vehicles for others to rent for a short period. The arrangement saves gasoline, parking fees, maintenance costs, taxes, and other expenses. Also, car sharing is a practical alternative for those on a budget who do not necessarily need full-time access to a vehicle.

According to experts, the global car-sharing market has exceeded 2 billion and will keep growing at a CAGR of over 20% for the next decade. In that regard, starting a car-sharing service presents a lucrative business opportunity.

With enough capital, you can purchase multiple vehicles and launch your car-sharing service.

How much you can make: $2,000/month

Subskryb is a luxury vehicle subscription service founded by Giovanni Smith, Kendell Johnson, and Preston Martelly that allows car owners to rent their high-end cars and renters to book them daily, weekly, or monthly, building a VAAS model with car owners and renters.

77. Start a smartphone repair service

78. start a p2p lending platform business.

A p2P lending platform allows participants to borrow and lend sums of money without relying on conventional financial institutions. Experts expect the peer-to-peer lending market to grow at a CAGR of over 21%, reaching a valuation of over 10 billion in the next few years.

No longer the new kid on the block, P2P platforms have entered the mainstream and brought unprecedented support for small and medium-sized enterprises. Therefore, starting your P2P lending platform can be a great business venture.

To build a peer-to-peer lending platform, decide on the business formation and register your business name. Then register a domain and raise money for your startup capital.

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11 Future business ideas 🤖 to thrive in 2023

GrowthRomeo » Business Ideas » 11 Future business ideas 🤖 to thrive in 2023

Future businesses are more about rising trends and opportunities which are controversial today. The good thing about these future business ideas is that you face minimum competition. Very few entrepreneurs have the courage to venture into something totally new, obviously. But these entrepreneurs often also end up creating history. Here is a sneak peek into the list of future business ideas that you can start in 2022:

• Virtual influencer marketing agencies
• On-demand health & wellness
• Subscription boxes
• Newsletter & podcast marketing
• Animal care & training
• Video based eCommerce
• Smart home products

Autonomous cars

• The feeling economy based startups

and do not miss these 2 bonus ideas from the blockchain and augmented reality industries.

Challenge with future business ideas

And the challenge of starting a trending future business idea is that you have limited resources. Limited resources, in the sense, zero support in terms of advice or effective consultation. Not just that, it is also tough to find the right talent. And short supply of talent means almost no help while you sail through the tough business waters.

What makes future business ideas controversial?

Controversial in the sense that some people believe there is actually value in the trend. While others believe that it is just a fad. Examples of these trends could be blockchain technology, influencer economy, and the flexi office.

Additionally, you can add temporary workforce and gig culture’s effectiveness to the trend as well. And yes, how can we not include space tourism and driverless cars to the list? Anyway, in this blog, we share with you a list of 11+ future business ideas that you can start in 2022 .

By the way, I’ve not discussed online business ideas here, as there is a dedicated blog for that on GrowthRomeo. And just for a heads up, I’ve also shared a list of business ideas with 277 opportunities for you. Do check that too, once you’re done exploring future business ideas.

Future business ideas list 2022 to conquer the world

Future business ideas

Among the 11+ future business ideas that we share, some are completely digital businesses. These would need negligible to low investments. But these can deliver high profits in return, for sure.

Also, some of the offline/online future business ideas included in this list are a bit investment intensive. Those ideas will need Crores of money in initial investments. In short, we have tried to make this list a diverse one. And included future business ideas in a way that everyone can find a suitable opportunity.

Let’s begin the list of future business ideas which you can launch with low to medium investments. If you’re on hunt for only low investment business ideas then read our dedicated blog for the same.

1. Virtual influencer marketing agencies -wheels of all the future business ideas!

virtual influencer

Digital media has given birth to a lot of people who are digital creators or thought leaders with followers in millions. In the digital economy, we call such individuals as Influencers. Because their one post, one line at times can start a revolution, bring a change, or make a overnight success story. All this is possible because these influencers have followership which is not limited to a geography or language. Many influencers in India and the USA have more followers than the population of several small countries. These followers are spread all over the world.

Is influencer marketing a good future business idea?

Brands are cashing on this opportunity to promote their products and services. Influencers charge based on the impact they create on the business, or they charge based on per post/engagement basis – irrespective of how they affect the business. 

You must be thinking, ‘where is the business opportunity here? It’s a deal between the influencer and the businesses. What am I supposed to do here? How am I gonna help the influencers and/or the brands and earn good profits?’. Where is the future business idea that I am looking for?

Well there is definitely a potential future business idea here. Sharing that in a moment. By the way, if marketing interests you, then you must checkout our blog on marketing business ideas .

Why influencer marketing agencies are needed?

It’s not all as smooth as it sounds. Talents can’t manage everything on their own. Sports celebrities, movie stars, political leaders, and digital influencers need agencies that bring them new clients, negotiate deals, and look after the finances and legal matters too.

Influencers and celebrities are not employees that a business can manage directly and efficiently. Of-course, it is possible in the ideal case but in the real world there are a lot of problems and conflicts. That’s where you come in. You work with these influencers to bring them new clients, endorsements and projects from businesses and organisations. You give them the direction to grow their popularity and influence. And this is what’s called a talent management agency business. 

Why virtual though?

But in the 21 st century, talent management needs to go virtual – at least partially. Because, sitting in Delhi – you might be cracking and managing deals for an influencer in the remote village of Odisha who is required to work with a FMCG enterprise based out of Kerala. So, it’s not easy to establish a smooth coordination and communication medium between brands and influencers. That’s where influencer management agencies step in.

Investment, profitability, scope

Hope you got the idea. You can try this future business idea with absolute zero investment. The profitability could be very high though. You can work on a commission model where you may charge 10% of the deals from both influencer and the business. 

As the ticket size here may vary from a few lakhs to a few crores – the scope of running this business profitably is way too good. The only thing that would decide how big this business grows is your ability to network with businesses as well as influencers. 

So, in short, if you are good at socializing and working with people, start a small scale virtual influencer marketing business agency in 2022 in India.

Check more small business ideas on GrowthRomeo.

2. On demand health and wellness

Last few years have been an eye-opener for all of us across the world in terms of where we are headed as a society, country and human breed itself. One virus became a threat for everyone in the world. When we were forced to stay indoors, when we were not supposed to step-out, when public transportation was disrupted and when businesses were not working as they do normally – life became challenging. It became way too challenging for people who needed normal medical services, who stayed in remote villages and areas with low density of medical practitioners.

Why would we need a robust tele healthcare services in the future?

Imagine what would have been the condition of guys who stay alone and need emergency medical services. 

Scary, right? 

This situation accelerated the growth of an industry which was growing real slow before the pandemic: Tele-healthcare services. This is our second future business idea on this list. Today, you can start an on demand health and wellness app to deliver remote healthcare services. You can add different healthcare verticals and then bring relevant medical practitioners who are qualified, verified and authorised care givers.

How to drive revenue from this future business idea?

You can charge customers based on either membership charges, or you can charge doctors for the clients you bring to them.

Before you read the next future business idea, did you get a chance to explore our collection of best business ideas in India 2022 ?

3. Subscription boxes

Subscription box

Daily groceries, regular medicines, daily newspapers, daily newsletters, weekly or monthly toys and magazines for kids, fashion apparel stitching fabrics, beverage boxes, Mystery and treasure chests, etcetera are some of the popular subscription box business ideas in India and USA . Subscription boxes are one of the easiest future business ideas on this list. People are supporting subscription business ideas. Newspapers and milk are an age-old subscription box business model which is thriving even in the digital age.

An example of subscription box business future business idea

Now, more and more innovative subscription box businesses are coming up. You too can start this future business idea in India or USA or Australia. My personal favorite business here is edtech related subscription boxes where you send DIY kits for kids and help them learn mathematical and scientific concepts. For more details on subscription box businesses, get in touch with me.

We have a not to miss collection of unique business ideas waiting for you!

4. Newsletter & podcasts

podcast & newsletters

Blogs were a sensation back in 2008, and it was not easy to set up blogs back then. Later, youtube was a sensation in the 2010s. Now, fast forward to today. We have multiple things taking off today in the content industry. Specifically, newsletter, podcasts, and tik-tok style apps are the top sensations in 2022. 

Tik-Tok is the #1 big thing to watch in 2022. Meta can also be a watchworthy change. We’ll see what they are upto in 2022.

Do newsletters really have the potential to be a full-fledged future business?

But the future business idea that I’m proposing here is to start a newsletter and podcast in 2022. Newsletter subscription business is on the rise, and a latest poll that I carried on Linkedin gained good traction in terms of views. The poll made it very clear that most of the newsletter subscribers are subscribed to the unpaid version.

At first glance, it would look like a red flag for starting a newsletter business. But this is a green signal as people cannot stop consuming good content, and good content creators can not survive by making pennies in return for all the hard work that they do. 

So, sooner or later – good content creators will have to start charging premium money for the high quality content that they create, and more and more people would start subscribing to exclusive newsletters and podcasts.

What about podcasts? Will it survive in the future with twitter spaces & clubhouse as competitors?

Some are saying, with clubhouse – podcasts are dead. Nope. It is not. Yes, with clubhouse now we have a Radio where everyone can be a host, and everyone can be a guest too. But still, newsletters and podcasts will have a big market. With web series coming into the picture – the movie industry is not dead. With blogs, book industry is not dead. And with Clubhouse – podcasts and newsletters won’t go obsolete. So, venture into the newsletter business if you have got a knack for writing and curating content. 

Just a little on-ground news

FYI, just a few days back, a senior marketer revealed to me that he is launching a new newsletter, and I was all thrilled because I have been suggesting him to do just that because I see the potential in him, the charm he has got and the humbleness that he radiates. All signals a great marketing leader, and he has got the passion for writing too. A complete marketing package.

Explore innovative business ideas on GrowthRomeo. And if you have friends from Bihar, do recommend them our business ideas for Bihar blog. Bihar need more entrepreneurs.

5. Animal care and training

Animal care and training

Not that new a futuristic business idea, but yeah it’ll keep growing in the future as well. American people spend close to USD 80 Billion on their pets. Mostly the pets that US citizens own are Dogs, Cats, and Fishes. Australia is famous for having snakes as pet. A few days back I was reading a story where a snake bit a man’s testicles in Australia. Funny and scary. About 67% of the households in the US own a pet.

Is pet market growing in India? What are the present & future trends?

India too is a rising country when it comes to owning a pet. My family too owned a pet. But I feel most of the people in India own a pet just to show off or to catch up with trend.

I remember a friend of mine who owned a dog, and he once told me that he beats the dog with belt like shit at times. I asked him “why?”. And his response was “because the dog misbehaves”. Wow! I am not judging him. I, personally, have never owned a dog, so no comments. But to an extent, it does tell that many people are adopting dogs just to show-off.

Profitability, viability for pet related future ideas

Anyways, animal care is a profitable future business idea for those who love and are passionate about animals in general. Leaving pets back home while people go to work can be very dangerous for the pet and as well as for the kids if the owner has any. So, you can have an hourly or day based pet day care business in your locality to look after such pets.

Additionally, you can also start a pet training and grooming business. Lastly, there is another business idea related to pets – if you know how to train animals for circus – you can train them for movies/theatres. 

There are some more upcoming business ideas (42 in total) which I have not discussed here. Explore those upcoming business ideas as well.

6. Video based eCommerce future business idea 2022

Video commerce

Experts say that the future is video, and that applies to the ecommerce and retail sector too. Video based ecommerce is a rising trend. People are using videos to shop online. There are companies that are building solutions to make shopping accessible directly from the video. And this is a high-potential, innovative, future business idea to start in 2022. It could be highly profitable if it clicks. 

“Shopping from videos”, What do I mean? 

Imagine your favorite content creator wearing an awesome outfit and you want to purchase it. Traditional approach was to visit a theme fashion store that keeps dresses & designs that popular celebrities wear. Now, with shoppable videos it is going to be as easy as clicking the video while it is streaming and purchasing the dress. Yes, seamless video shopping experiences.

How to be a winner in this video-commerce space?

Delivering engaging shopping experiences to the audience is the future of ecommerce. What can you do? Start something similar or start a solution for integrating in-app shopping experiences on media websites. I guess the winner here will not be the one who starts first, but the one who acquires the market fast and makes new partners at a flash speed. 

Another media related eCommerce based future business idea

One more idea here could be to – start building api solutions for in-app podcast shopping experiences. Podcast creators are gonna love this. Last idea: build a bidding or flash sale feature into Clubhouse. I feel that’s gonna work like crazy.

Oh wait! Before you move to the next opportunity, did you check our eCommerce business ideas insight?

7. Smart home based future business ideas

We are soon entering into what was until yesterday a sci-fi movie. In no time, all of us will be having robots walking next to us. It took 10 years for landline telephones to penetrate our lives, 6-7 years for mobile phones, 2-3 years for smartphones.

Present status

The first version of robots, smart home automation tools are already in the market. The rich section of the society is able to afford it, and if you visit their home you would find that they turn-off the lights of their room by clapping or instructing Alexa or Google Home. 

This is the business to enter if you have the required skills, investment, and commitment. If you don’t have one, you can always acquire them 😉 Yes, you can acquire all three – skill, investment, and commitment. More details of smart homes can be found here.

On a different note, find out some really good retail business ideas if you’re more into selling. Or else, checkout manufacturing business ideas if you have a taste for building things from scratch.

8. Autonomous Cars related future business ideas

Okay, this business is not for small pockets. Autonomous cars are something that Big billionaires are pursuing as of now. But here is a future business idea related to autonomous cars for which you do not need to manufacture the car itself, but the software that makes the car autonomous. Or maybe, add-on softwares that augments the travelling experience of the travellers. I hope you get the idea. Netherlands, Singapore, United States, Sweden,  UK (United Kingdom), Germany, Canada, UAE (United Arab Emirates), New Zealand, and South Korea are top countries which are prepared for embracing Autonomous Vehicles.

Another mobility related future business idea

As an alternative future business idea here – you may also consider starting up in e-bikes or e-scooters industry segments. Recent health threats have forced people to avoid close proximity and so people started purchasing bikes to commute on their own.

And also because, most of the people had no expenditure while they were in quarantine so they had high disposable income and a majority of it went to buying houses and vehicles. E-vehicles market is in a frenzy in India too. And almost all automobile businesses are investing in it. With 10 years future goal, you can definitely start a business in this.

By the way, I recommend checking out Kids-focused business ideas , if you’re looking to serve in kids segment. Alternatively, if you’re a women, you can also check the blog on business ideas for women .

9. The Feeling Economy based future business ideas

Feeling economy based businesses

We spoke about smart homes, autonomous vehicles, automation technologies, all these are kinda replacing a good chunk of human jobs which were repetitive in nature. I’m not saying that it will eat jobs, but yeah, I do feel it will replace it. And the research results from several big organisations say the same. For instance, as per the future of jobs report by the World Economic Forum machines will take up the jobs that don’t need humans at its core – data collection, analysis, administration works etcetera. And humans will stop doing the monotonous robotic tasks and take up more creative jobs that involve reasoning, problem solving, interaction, decision making, resilience, judgement, feeling, etcetera.

That’s not it… more future business ideas

Those are our top 9 future business ideas for you to start in 2022 . But as always – it’s not the end until you see the end. 

The list of future business ideas continues. Here are two more ideas for you to consider in 2022. One of the first future business ideas is from the finance industry, more specifically FinTech. And the second idea is from the Education industry. For now, we have explained these futuristic business ideas in short. Soon, I’ll cover them with detailed explanations.

DeFi Apps – new age business

DeFi stands for decentralised finance apps. So, it is like building a digital financial transaction application on top of blockchain technologies like Ethereum and Bitcoin to help people transact with banks as the middleman.

AR led virtual learning & training business ideas

Augmented reality for edTech

Augmented reality is a technology that with the help of sensory modalities like advanced vision accessories helps you better interact and visualize the real world.  Yes, it’s possible. A simple example could be, on an empty surgery table, AR technologies can make you visualize a dummy patient who would look exactly like a real-life one and you can learn surgeries practicing on that AR created patient. 

Another use case could be delivering emergency care. For example, a very experienced surgeon 2000 miles away can instruct a junior surgeon to carry out a surgery on a patient by remotely outlining the cut marks on the patient’s body.

This was the last future business idea here, with that I would like to wrap up this article. 

If you want to connect with me, reach out to me on LinkedIn , Twitter , or Instagram . Subscribe below, to receive regular email updates from us. See you in the future 😉

Nishant Choudhary

Nishant is a marketing consultant for funded startups and helps them scale with content.

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22 Future Business Ideas 2025-35 and beyond

Future Business Ideas 2022 and beyond

Future Business Ideas –   Which are incredible business opportunities for the 2024-2034 (next decade) and beyond?

You must be keen to know about new opportunities and future business trends before they pass by. To help you, I have shortlisted 22 Future Business Ideas of the next decade. These business ideas are shortlisted based on earning potential, increasing popularity usage, and impact on the quality of life .  

Future Business Ideas 2025 and beyond  

#1 fitness technology   .

Fitness Technology is the most promising and evergreen future business idea. The market for fitness technology is growing rapidly. More and more people are making use of fitness gadgets and apps for tracking fitness. Fitness technology is advancing every day. A few examples of where the future lies are –  

• Fitness Trackers with built-in sensors and heart rate monitor
• Smart Scales for tracking weight reduction including activities 
• Smart Gym Equipment’s
• App and devices for improving sleep
• Mirror with Augmented reality to become virtual exercise class 
• Connected device for monitoring & recording health parameters   

There are many upcoming products in fitness technology. You can either start trading fitness tech products or develop your unique product.

225 Small Business Ideas with Low Investment in 2024

#2 Robotics & Automation  

Robotics & Automation is the next big thing for the future. The readymade machine will be programmed to do the work of manpower. Robots will become part of our life. In many countries, robots are already being adopted for doing a fixed set of work. Alexa bot is one such example that learns and does some work as personal assistance.

Once robotics automation starts in full swing people may lose their jobs. But on the other hand, it will lead to a very good business opportunity for entrepreneurs. There are endless business opportunities. A few of them are –  

• Develop Robot in Cleaning, construction, entertainment
• Programming of robots as per requirements
• Robot Repair & maintenance 

#3 360 Degree Photo & Video   

360 Degree in Photography & Videography is an upcoming business. It is an unexplored area with a lot of potential. 360-degree photograph is a video taken by a special camera with multiple lenses or with multiple cameras. 360-degree photos and videos are very useful as they give a complete view of the place along with all object details. It has many applications in the business. You can use it for event planning, real estate, landscape designing, gaming, and entertainment. A few examples of business in this area would be –

• Selling of specialized camera and video equipment
• 360-degree photography and videography
• Repair and maintenance of cameras and equipment
• Digital image mixing and video making

#4 Micro Mobility  

Micro Mobility is a new word for many of us. Micro Mobility means the use of lightweight vehicles operating at a lower speed for commutation. As we are aware we are facing a lot of issues due to traffic. One of the solutions to growing traffic is Micro Mobility. In micro-mobility e-bikes, electrical scooters, skateboards, and electrical pedal bicycles are used. It is a future for urban transportation. The business opportunities associated with Micro Mobility are given below.  

• Micro Mobility Rental Business
• Micro Mobility vehicle development and sell
• App and platform development for sharing Micro-Mobility vehicle
• GPS based tracking of Micro Mobility vehicle

#5 Space Tourism   

Space Tourism is one of the best future business ideas. Space Tourism means human space travel for recreational purposes. In countries like USA space tourism has already started. Only limited tourists are allowed for this. This business requires a lot of technical expertise. The business opportunities in space tourism are –

• Manufacturing of Space Shuttles 
• Selling and manufacturing Fuel related to space equipment
• Risk assessment Insurance related work

#6 Electrical car  

Electrical Car is about to become a reality. It will open up new business options for many. It is expected that an electric car will become the default vehicle of the future. The main reasons are longevity and environmental sustainability. Once the electric car is launched we will have many new business opportunities. Examples are –

• Electrical Car Service Garage
• Charging station setup
• Spare Parts Manufacturing/sell 
• Battery Swap and scrapping

#7 Car Charging Station   

I believe that an electric car will be the default vehicle in the future. Once an Electrical Car is launched it requires car charging stations. A charging station is a place where an electric car battery can be charged. The lack of a charging station will create a problem. In the future, we will see a charging station and ev charging network instead of a petrol pump and gas station.

Starting a charging station business is a very good business option. You can establish a car charging station in the limited cities and expand gradually.

#8 Cyber Security  

Cyber Security is an evergreen field. Cyber Security is also known as information security. It is the practice of securing computers, servers, networks, and personal devices from hacking and malicious viruses. The malicious attacks are growing. You need an established process and security infrastructure is required to withstand growing attacks. A few new business ideas in the cybersecurity field are –

• Information security consultant
• Security Infrastructure deployment and maintenance 
• IT Security Solutions design and sell

#9 Home Automation IoT  

Home Automation is the future. All homes will be internet-connected and all home appliances will be operated remotely in the future. It requires the conversion of home appliances with IoT enablement. It also requires the integration & programming of all devices in a single place. The business ideas in the home automation area are –

• Converting traditional equipment in IoT enabled devices
• Selling complete home automation solution
• Repair maintenance of Home Automation IoT devices

#10 Home Solar Energy Setup  

Solar Energy is a clean energy source. Solar power generation technology is advancing and getting better. Solar energy is becoming a choice for everyone due to tax breaks and savings of money. Once the solar panel setup is done you need not worry about the electricity bill.

Under Home Solar Energy setup you need to sell and install solar panels in the individual’s home. Once the setup is completed you can take the AMC contract.

#11 Virtual Medical Appointment   

A virtual medical appointment is the next future business idea. People are not preferring to visit a doctor due to COVID-19. This gives birth to a new business option virtual medical appointments. You need to develop a reliable, interactive, and affordable online medical appointment and consultation system. It is one of the promising business ideas for the future.

#12 Cryobank and Stem Cell  

Cryobank and Stem Cell Bank is an evergreen and upcoming business. Cryobank & stem cells collect human tissue for future usage. It includes donor sperm, eggs, umbilical cord, etc. It is an expensive affair to start Cryobank and Stem cells. If you have competency and money you should start cryobank. It is a promising business option.

#13 Virtual Call Center  

Virtual Call Center is next on the list of future business ideas. The days are gone to establish a physical call center. A virtual call center is a call center where geographically dispersed teamwork is a single organization. It is a very good arrangement where costs can be saved. This business can be started from Home. However, you need to take care of time and resource management.

#14 Wearable   

A wearable is the next technology. People have started using a wearable. For many people, it has become a status symbol. Wearables have various applications and they can collect user health data including heart rate, calories burned, blood pressure, time spent exercising, etc. There are many other applications under development which include measuring blood alcohol content, monitoring sickness, health risk assessment, and forecasting mood changes and stress levels. A few upcoming business ideas in wearable are –

• Selling wearable 
• Developing a new wearable with a unique application 
• Repair of wearable

#15 Chatbots   

Chatbots are computer programs to simulate conversations with the user via messaging or voice commands. Chatbots are used for customer support, lead generation as well as issue resolution. The usage of Chatbots is growing. People prefer to talk with an application instead of a human. It saves time and adds value to the business. If you have the technical expertise you can develop customized chatbots and sell them in the market.  

#16 VR Technology Business  

VR means virtual reality. Virtual Reality is a computer technology that generates a simulated environment. It is used to get a virtual experience on screen. It gives a 3D and immersed experience. VR can be applied in various industries such as medicine, real estate, defense, manufacturing, etc. The business suggested in this area would be selling VR equipment & designing systems for VR.

#17 Artificial Intelligence in Lead Generation  

Artificial Intelligence is a future technology. You can use Artificial Intelligence for various industrial applications. One of the very good business options in the usage of AI is lead generation. You can use lead generation to understand and predict consumer behavior. You can convert more leads into a sale by using AI. AI can also be used for building a customer pipeline.

#18 BioFuel production  

BioFuel is a future product. Biofuel is produced using biomass using chemical reactions. BioFuel is sustainable fuel. BioFuel can be used in the vehicle as bio-diesel as well as in industrial applications. Biofuel production is a promising business option. If you have the expertise you can start a biofuel production business.

#19 Vertical Farming  

Vertical Farming is next on the list of future businesses. It is an evergreen business. Due to a lack of space and an increase in population, it becomes essential to produce more crops. Vertical farming is one of the ways to address the same. Instead of growing crops on a flat surface, farmers can grow them on a vertical surface. Many cities have started using this technology. Additionally, vertical gardening is also another related field with a lot of potential.

#20 Food Vending  

A Food Vending machine is used for the automatic dispensing of food based on swiping a card or inputting money. The food could be snacks, beverages, chips, etc. This concept is very common in Western countries. However, it is at the preliminary stage in many countries. In a food vending business, you need to manufacture or sell food vending machines.

#21 Online Gaming  

Online Gaming is the most promising and among the best future business ideas. People are crazy about online gaming. As per the estimate, the online gaming industry is growing at @22% every year. There are more than 35% of online gamers across the world and the count of online gamers is growing every day.

The online gaming business is one of the lucrative business options. You can make a lot of money via online gaming. You can make your games. Alternatively, you can sell games online as well as work as an affiliate marketer also.  

#22 Co-working space

Co-working space culture is an upcoming trend. This is mainly due to changes in working culture and an increase in the rental cost of properties. New startup companies & SMEs are opting for co-working spaces for offices, especially in the metro cities. The main idea is to reduce rental expenses and share knowledge and expertise.

If you have free commercial space or if you can afford to invest in commercial properties, you can build a co-working space business. It is the fastest-growing futuristic business in foreign countries as well as India.

Final Thoughts  

All future business options given on the list are with a lot of potential. Some of the business ideas may sound unrealistic as of now but you can’t ignore them as time will show the future of these businesses. You should invest your time, energy, and money in these business ideas to make your future secure.

The list is endless it can go further also. However, I have included the best future business ideas for the next decade 2025-2035. These ideas are country-independent you can adopt these ideas in any country like India, USA, UK, Canada, Australia, Japan, and the Middle East.

If you have any suggestions, you can drop them in the Facebook comment section on our page.

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• 30+ Future Business Ideas in India for 2025 | 2030 | 2050 and beyond

Every year, thousands of businesses are initiated, but 8 out of 10 businesses get shut off due to several reasons. Major reasons behind is having a futuristic approach to such business. If you are looking for Future Business Ideas for 2023 and beyond, this article can help you to identify them. What are the Best Future Business Ideas in 2023 in India ? Which Future Business Ideas in India for 2025 / 2030 / 2050 are promising? Which are the upcoming business ideas in India in 2023 which are most profitable?

Also Read: Trending New Manufacturing Business Ideas to start now

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Things to know before starting a business

Here is an amazing video about knowing a few things before you start a business.

What we meant by Future Business Ideas?

Efficient management and sufficient capital are those few key ingredients without which a sustainable and profitable business is not possible. But, another thing that is inevitable these days is to explore the upcoming business ideas. Most of the businesses get obsolete within a few years and the entrepreneurs are forced to shut them down. You have to adopt the approach that is ahead of its time to ensure constant or increasing profit margins. To develop a futuristic approach is not that difficult. All you need to do is keep an eye on declining trends and industries as well as fast-growing occupations.  Here are a few future business ideas that can fetch a more/higher profits in the long run.

30+ Future Business in India for 2025

Here is the list of future business ideas in India for 2023 which have bright future for 2025, 2030 and 2050 and beyond.

1) Outsourcing business

According to the World Economic Forum (WEF) report, the working environment will change in the future and the outsourcing business will boom in the coming decade.

Forbes magazine revealed that 50% population of developed countries like America, Australia, Canada are working independently but they need employees to work. If they hire employees locally, they cannot make up good profits due to high operating expenses.

So, to reduce the startup cost and maximize profits, the businesses are outsourcing the project to the people of developing countries where educated people are available at quite a cheap cost. India and China are good examples of it. At the same time, people from developing countries, especially India, Philippines etc., are making good money from a freelance business. People are offering virtual services online and increasing their business day by day, which means that freelancing is also becoming one of the best future business ideas in India for 2023.

2) Internet of things (IoT) industry

Internet of things means every object which is being used by human beings has internet connectivity to send and receive data. Mckinsey estimates that IOT will have potential growth and impact at $ 11.1 Trillion on the economy by 2025 .

The best example of it is Ola or Uber or Lyft taxi service where you get an instant ride. Air conditioners and TV are being connected to the internet to get the best of services through internet advancement in the technological sector which makes this business very lucrative. This is one of the new business ideas that has an excellent future for 2025 or 2030 or 2050.

3) Rise of co-working space

The trend of future services offices is going to change. Due to high rental expenses, it is very difficult for small businesses to afford a separate office space. So people are opting for working in co-working spaces. It not only helps them to reduce rental expenses, but also to share expertise and skills. If you have free space then start working a co-working space business. It is a new business idea which is very futuristic. This is one of the best upcoming business ideas in India.

4) 3D printing

3D printing business is becoming one of the most profitable businesses nowadays. In the last few years, this is getting famous all around the globe. Initially, the 3D printers were very expensive and not affordable for several businessmen, but as time passed, the prices gradually declined and this printer is much in range now. The price of a 3D printer depends upon the specification and features you require.  All you need is to purchase an equipment set for the shop and start your new venture.

5) Consumer goods and services business

Experts are of the view that the middle-class population of a few countries will go up tremendously and the country where the middle-class population is increasing day by day is seen as an emerging market. With the expansion of the middle class, the consumption of goods and services will witness a sharp inclination. It is a good opportunity for those who want to start a good and services business like starting a retail Chain store.

6) Business in real estate

With rapid urbanization every year, thousands of people are migrating to big cities. There may be several reasons behind it like finding good jobs, improving living standards, etc. Due to this trend, the need for affordable houses has increased a lot. It has created a great opportunity for the real estate industry, brokers, and construction companies to offer their services. If you want to start this business, you should have relevant experience and governmental license to operate in your area.

7) Healthcare industry

Due to changing lifestyles, people have become more prone to diseases and health care issues. According to Fortune , the Healthcare industry will grow immensely in the future.

Preventive medicines will increase rapidly and the General Health Care practices will be replaced by personal Health Care practices.  If you can jump into this industry in any form, you will surely enjoy a high return in the future. This is one of the Best Future Business Ideas in India for 2025/2030.

8) Consultancy business

Consultancy businesses of any kind will be a good opportunity for professionals and experts in the future. With increasing competition and complications in the business field, people look for consultancy to sustain their business and increase their profits. There are different kinds of consultancy businesses one can start with like educational consultant agency, Recruitment firm, Career Consultancy or Customer Consultancy.

9) Renewable and Clean Energy supplies

The world is advancing at a much faster speed than expected, but still we are facing a lot of issues regarding energy. Some Asian countries are still relying heavily on traditional sources of energy like coal power plants, fossil fuels, nuclear or hydro energy which are generated from the sources that are supposed to be hazardous to our environment. At the same time, renewable energy sources have been emphasized a lot through which the environment can be saved. It is a great opportunity for those who want to start a business on a medium scale. It is one of the green and clean business ideas that you can pounce upon. This is one of the Best Future Business Ideas in India.

You may like: Upcoming Business Ideas in India [Low investment & High Profits] 10) Last-mile delivery solution company

Today, many shipping companies are facing the problem of delivering goods and services in the rural areas due to lack of proper road connectivity. You can provide the last-mile delivery solutions by setting up a warehouse on the edge of the city limits. Once the other shipping company gets there, you can handle the final miles of the trip. This may involve buying a fleet of scooters or shipping trucks to deliver the shipments to the places where regular shipping companies are not willing to do.

11) Mobile wallet payment solution

With the sharp advancements in technological development in the mobile world, people now prefer not to deal with cash transactions, whether it is payments, shopping or transfer of funds. They are looking for a mobile payment solution that is reliable, safe and secured.  This business idea would require a decent amount of startup capital. Hacking and cybercrime and fraud are the few things which make this project highly risky. This future business idea has become famous post covid in 2023 onwards.

12) Home Solar Energy Set up Company

Most parts of our country receive ample sunlight throughout the year. So, there is a huge opportunity for residents to generate their own power and save money. For this, you would buy and set up solar equipment for people to install on their roofs or balconies. The solar energy so created can be connected to the main battery for the individual or the building to provide additional power. This is one of the good emerging upcoming business ideas in India.

13) Warehouse or Inventory Management for E-Commerce

E-Commerce has been growing at a substantial pace. The warehouse management company would provide fulfillment for e-commerce stores. Instead of an e-commerce store, setting up their distribution channels, buying fleet trucks, and warehouses to store the goods, this company would do it all for them. This is a larger scale business idea, but also has the potential to make a lot of money.

14) Compliance and regulation management for E-Commerce stores

With e-commerce business hitting the markets hard, it gives rise to compliance and regulations that need to be followed. This company would provide these solutions to other e-commerce companies so they could operate legally. Since the government is always looking at new laws to implement in the business environment, this idea would help many other businessmen to navigate the field of compliance and regulations.

15) Indian Culture E-Commerce Niche Store

Many people around the globe appreciate the culture of India. They like to decorate their homes with the authentic art pieces reflecting Indian culture. By setting up an e-commerce store that specifically sells these cultural items, you can start an innovative profitable venture.

16) Internet infrastructure building company

There is a significant and growing demand for strong internet connections throughout the country. Although there are internet providers, but lack of speed and connectivity issues disappoint the internet users. This leaves a business idea for starting an internet infrastructure in perfect light to execute. This business requires moderate capital that can make huge sums of money.

17) Community Generator

This business idea involves developing electrical generators that can store extra power for a small community. For this idea, one could approach different communities or towns to find the groups that need this.

18) Collaborative Economy Business

It is predicted that businesses that are based on collaborative economy models will enjoy immense success in the next few years. Some good examples are Airbnb, Uber, Ola and Lyft. These types of businesses not only help the final customers, but also assist the service providers and ultimately make commissions.

19) Biometric Sensor Company

Biometric sensors are the sensors that can recognize your retina or your fingerprints to specifically identify an individual. The rising need for higher security measures and support from the Indian government for the Internet of Things (IoT) Technology, it would not be long until people are putting biometric sensors in everything. This creates an excellent business idea to sell the sensors to companies that install them into products or services. This business can be highly rewarding as multinational companies would likely do business with you as they use biometric sensors more and more. One of the good futuristic business in India that has already kicked-in now.

20) DDOS cyber-attack prevention security company

DDOS attacks (where hackers create so much traffic to a website that it crashes the server) are becoming a common threat to some businesses in India. With fast internet speed across the country, more and more hackers are going to target companies. You can create a company that can identify the attack and prevents them from happening in the first place. Although some firms are already doing this, there is a lot of room to make money in this area. It is a medium cost business as you would be requiring server space as well as software and coding needed to be done to create a DDOS prevention company.

21) Health record digitization and sharing company

It is becoming necessary for multiple doctors sitting at different locations to access one’s medical records. For example, one patient may consult a doctor for a while, then while switching to another doctor at a different location, there is a need for fetching the previous record from the doctor which could never happen. This company would setup medical records that could be safely secured and shared between registered doctors. The great thing is that the patients and doctors would be able to see last access health data. As the block chain technology is quite new and the amount of health records is massive the company, it would take some sizeable investment. This is one of the upcoming Business Ideas in India that would take a good turn between 2023-2030.

You may also like: List of Online Business ideas with low investment 22) Skyscraper greenhouses

Land is continuously becoming a scarce resource as the population is increasing day by day. This is creating a problem of providing fresh vegetables and fruits to communities in a cost-effective and sustainable manner. By building greenhouses that are vertical like a skyscraper with multiple levels of different fruits and vegetables, one can grow more crops. This is a high-cost idea as the building has to be enabled with sensors to monitor temperature, humidity, etc. to grow the perfect crop. It is one of the trending new business ideas now.

23) P2P Lending

P2P lending is a good business model because it can help communities and people with loans. Everyone does not want or can access the bank for a loan so the p2p lending platform is a great option. Investors would like to put the money up for loans and receive a great higher interest rate. You can initiate this business by creating a safe and secure platform where people could invest their money and a way for users to create profiles with accurate credit scores.

10 Upcoming Business Ideas in India 2023

Here is the list of upcoming business ideas in India 2023.

21) Amazon FBA Program

22) Create and sell Digital platforms. This would create recurring income

23) Open a Stock broking firm. In India there are only 3% of the total population who are investing in stock markets. What if this number would increase to 5% or 10%. Means, the entire investors community would go to 2x or 10x. This creates enormous amount of opportunities in stocks, mutual funds etc., Opening a stock broking firm and providing financial advisory and investment services would be fantastic future business idea which can sustain even in 2040 or 2050 and beyond.

24) Influencer in specific niche. Promoter your products through twitter, FB and other social media platforms

25) Drone videographer for weddings and film shooting.

26) Organic farming. People especially in India is looking to have food free from harmful chemicals. It is a wonderful upcoming business ideas in India in 2023.

27) e-Bike or e-car repair workshop. e-bikes and e-cars are trending these days. Opening a e-bike or e-car repair workshop is one of the potential future business ideas in India.

28) Cyber Security

29) Set-up EV Power stations. This would be killer upcoming business idea in India where government of India is promoting electric vehicles now. This would grow at significant scale in coming years in 2030 or 2040 or 2050.

30) Biofuel production is another nice future business ideas for 2023 to 2030.

What would be Future Business Ideas in India 2025?

Future business ideas of India in 2025 would have surge in HealthTech solutions, including telemedicine platforms, AI diagnostics, and health monitoring devices. Smart home technology will also be in high demand, with companies offering automation systems, IoT devices, and integrated solutions for home security and energy efficiency. Additionally, there will be a growing market for sustainable energy solutions, such as solar power installation, energy storage systems, and energy management solutions. These trends reflect the increasing focus on healthcare, wellness, and environmental sustainability in the country

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32 comments

I can start a Wada pav business and earn millions of rupees….

can you explant these two topics? 1. Indian Culture E-Commerce Niche Store 2. Mobile wallet payment solution

Informative article.

Good article

good article

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About Suresh KP

Hello, this is Suresh KP , the founder of this blog. I have written over 2,500 articles on this blog covering various investment options in India. I am a Certified Investment Adviser and a Certified Research Analyst. However, I am NOT a SEBI Registered Investment Advisor . The articles on this blog are created for educational purposes only. Please consult your investment adviser before making any investment decisions.

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