30 Profitable Business Ideas For Accountants (Ultimate List)
Interested in starting a business as an accounting in 2024?
If managed well, building a business as an accounting could be more lucrative than employment. So, which are the best business ideas for Accountings?
We put together 30 of some of the best accounting business ideas you can start in today.
For each business idea, we'll show you real-world examples of other accounting businesses to help you see what it takes.
Here's the full list:
1. Start a custom prints business ($455K/month)
Starting a custom prints business could be an excellent way for an accountant to supplement their income and explore their entrepreneurial spirit. As someone skilled in managing business finances and familiar with business card needs, you could leverage your expertise to offer high-quality, niche print services like custom business cards, which are always in demand.
By focusing on unique designs and impeccable quality, you could differentiate yourself from the competition and attract a dedicated customer base. Additionally, your analytical skills would be invaluable in making data-driven decisions about which designs are most popular and where to allocate your marketing resources, such as on social media platforms to maximize reach. This venture not only diversifies your income stream but also allows you to flex your business acumen in a creative and growing market.
How much you can make: $1,000 — $3,000,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 365 days (?)
Framed Tweets, an online store that offers customers the opportunity to frame tweets as art, started by grossing $20k in its first year and increasing to $110k in the second year, and now has monthly gross sales of $20k from Instagram ads, spending about $300 a day.
2. Become a financial advisor ($240K/month)
As an accountant, you could seamlessly transition into a financial advisor role, leveraging your solid financial background and analytical skills. Providing personalized investment and financial planning advice could be a natural extension of your existing expertise in managing finances, allowing you to supplement your income or even build a entirely new business venture.
To start, you could pursue relevant certifications and sharpen your people skills to build credibility and trust with clients. By networking within your current professional circles and gaining experience through additional education or mentoring, the path to becoming a successful financial advisor could be both achievable and highly rewarding.
How much you can make: $5,600 — $2,000,000/month
How much does it cost to start: $6,550 (?)
How long does it take to build: 30 days (?)
Michelle Schroeder-Gardner earns $100,000 a month from Making Sense of Cents, a personal finance and lifestyle blog where she writes informative and fun articles about financial freedom and her life on the road, thanks to a diversified traffic approach and monetization strategies, such as affiliate marketing, sponsored partnerships, and course sales.
3. Start a niche investment platform ($167K/month)
As an accountant, you could leverage your financial expertise and entrepreneurial spirit to create a niche investment platform. Specializing in alternative asset classes like collectibles, cryptocurrencies, or real estate, you could design a transparent trading ecosystem that attracts specialized investors.
By offering unique portfolio combinations and catering to niche markets, you could build an exclusive user base and generate recurring revenue through transaction fees and premium subscriptions. This platform would appeal to investors seeking diversification and alternatives to volatile stock markets, such as fine wine enthusiasts or those looking to invest in up-and-coming athletes.
Starting a niche investment platform could not only supplement your income but also position you as a leader in innovative financial solutions, combining your accounting skills with cutting-edge technology.
How much you can make: $2,000 — $600,000/month
How long does it take to build: 180 days (?)
Equity Residences is a luxury real estate investment fund that has raised $40 million from over 200 investors, offering them access to a portfolio of luxury vacation homes for investment and personal use, with a minimum investment of $161,500 and plans to acquire a further twenty residences ranging from $1.5M to $4M.
4. Start a stock investing business ($30.3K/month)
As an accountant, you could leverage your analytical skills and financial acumen to start a stock investing business, creating an additional stream of income. Your background in numbers and financial statements provides a solid foundation for analyzing market trends and making informed investment decisions. This side business could harness your ability to decipher complex financial data, allowing you to strategically buy and sell stocks for profit.
The stock market offers a thrilling opportunity to turn your passion for finance into a lucrative venture. While educational resources and trading platforms simplify the process, success demands a commitment to continuous learning and sharp market analysis. If you are prepared to adopt a disciplined approach and manage risks effectively, embarking on a stock investing business could supplement your accounting career and offer substantial financial rewards.
How much you can make: $4,000 — $160,000/month
How much does it cost to start: $3,500 (?)
How long does it take to build: 90 days (?)
Ticker Nerd is a monthly subscription service for investors that surfaces and analyzes trending stocks before the hype train arrives, and now has $4.5k in monthly recurring revenue from its newsletter without spending a single dollar on advertising, having validated the business via subreddits and organic Product Hunt launch strategy.
5. Start an auto transportation company
As an accountant, starting an auto transportation company could present a lucrative opportunity to generate supplemental income or even grow into a full-fledged business. Utilizing your expertise in financial planning and budgeting, you could effectively manage the startup costs and ongoing expenses, ensuring a stable and profitable operation. Your analytical skills would be invaluable in researching and selecting the most profitable transportation services, such as open transport, enclosed transport, and door-to-door service, all while keeping an eye on market trends and customer demands.
Additionally, your attention to detail and comprehensive understanding of regulatory compliance could assist you in navigating the complex laws and regulations governing the auto transportation industry. Establishing a reliable network of carriers and partners, coupled with your knack for organization and logistics, would ensure smooth and timely delivery of services. By leveraging your strengths as an accountant to manage finances, strategize operations, and implement effective marketing campaigns, you could create a sustainable and thriving auto transportation business.
How much you can make: $20,000/month
How long does it take to build: 100 days (?)
Nationwide Auto Transportation ships approximately 4,000 vehicles per month and has served more than 50,000 customers, offering custom services such as help for clients who cannot find suitable carriers for their vehicle.
6. Start a business & finance news ($9.58K/month)
Starting a business and finance news outlet could be a highly rewarding venture for an accountant looking to supplement their income or transition into an entrepreneurial role. As an accountant, you already possess a deep understanding of market trends and financial principles, placing you in a unique position to offer insightful, actionable content. You could leverage this expertise to deliver timely and trustworthy updates that help your audience make informed financial decisions.
Given the rising demand for reliable information amid an ever-changing economic landscape, your platform could focus on digital articles, podcasts, or videos to meet your audience's needs. This venture would require a commitment to research and content creation, ensuring that your updates are both current and impactful. By providing a dependable source of business and finance news, you would not only build a dedicated following but also establish yourself as a respected name in the industry.
How much you can make: $1,000 — $30,000/month
How much does it cost to start: $1,250 (?)
How long does it take to build: 45 days (?)
Your Money Geek blog grew rapidly to over 250k monthly page views in nine months, leading to the creation of a white-glove, paid mastermind program to help site owners drive traffic and revenue for their own blogs.
7. Start an etsy shop ($47.5K/month)
Starting an Etsy shop could be a lucrative side business for accountants looking to supplement their income or diversify their professional portfolio. Given your expertise in accounting, you could consider selling finance-related digital products such as budgeting templates, expense trackers, or financial planning guides. These products leverage your skills while addressing a common need, providing value to individuals and small businesses alike.
Additionally, operating an Etsy shop would allow you to build your brand and extend your reach beyond your local market, potentially attracting new clients who might be interested in your accounting services as well. With a visually appealing storefront and a solid product idea, you could establish a steady stream of passive income that complements your primary career. This entrepreneurial venture not only makes financial sense but also creates opportunities for professional growth and networking.
How much you can make: $100 — $750,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Chasing Planner Peace is a planner company that has expanded from selling planner inserts on Etsy, to offering a one-stop shop customizable planner experience with over 300 inserts, a planner line, and various other related products, gaining a monthly revenue of around $25,000 at its busiest time of year.
8. Start a savatte business
Launching a savatte (French kickboxing) business could be an intriguing avenue for accountants looking to diversify their income streams. This venture allows you to leverage your analytical skills to manage operations, finances, and marketing, ensuring the business runs efficiently. Plus, with your expertise in financial planning, budgeting for equipment, location rental, and advertising could be managed effectively, optimizing profitability.
Furthermore, offering savatte classes during evenings or weekends would allow you to maintain your primary accounting job while exploring this fitness-oriented side business. You could also consider offering virtual classes, which would expand your reach and provide an additional revenue stream without significant overhead costs. As an entrepreneur with accounting expertise, you possess the unique ability to ensure that your savatte business remains financially sound and scalable over time.
9. Start a marketing consulting business ($122K/month)
As an accountant, you possess a unique set of skills that can be seamlessly transitioned into the realm of marketing consulting. You could leverage your expertise in financial analysis to offer data-driven recommendations, helping businesses allocate their marketing budgets more effectively and measure the return on investment (ROI) of their campaigns. Your background in numbers and data also positions you well to conduct market research and analyze the efficacy of different marketing tactics, making you a trusted advisor for clients seeking to optimize their marketing strategies.
Moreover, your experience with client management and communication is a valuable asset in consulting, enabling you to present your findings and strategies persuasively. By integrating marketing principles into your current skill set, you can create comprehensive marketing plans that not only target the right audience but also meet financial goals. Venturing into marketing consulting could be a profitable side business or even a full-time endeavor, allowing you to diversify your income streams while utilizing your analytical and problem-solving abilities in a new and exciting way.
How much you can make: $100 — $1,250,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 30 days (?)
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
10. Start a health and wellness consulting business ($148K/month)
As an accountant, starting a health and wellness consulting business could offer you a refreshing break from number-crunching while tapping into a burgeoning market of individuals eager to invest in their well-being. You could leverage your analytical skills to create data-driven, personalized wellness plans that would meet each client’s unique needs, focusing on better nutrition, regular physical activity, and effective stress management techniques.
You could guide others toward healthier, more vibrant lifestyles and supplement your income or even transition into a full-fledged business. No medical degree is required, but earning relevant certifications and staying updated with the latest wellness trends would be crucial for maintaining credibility and effectiveness. Imagine the satisfaction of not only helping clients achieve financial health but also guiding them toward overall well-being.
How much you can make: $100 — $1,000,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 100 days (?)
Bey Moss, an e-commerce platform selling sea moss-infused health and wellness products, made over $800,000 to-date with less than $10,000 overall in ads after validating the product idea through reviews and feedback and leveraging their social media following to build a Bey Moss community.
11. Start a product development consulting business ($119K/month)
If you're an accountant considering entrepreneurial paths, a product development consulting business could be an excellent fit. Leveraging your analytical skills, you could help companies turn their innovative ideas into market-ready products. Your ability to manage financial projections and budget constraints would be invaluable during market research, prototype creation, and product launch strategies.
This venture allows you to engage in creative problem-solving and strategic planning across diverse industries, keeping your work dynamic and engaging. Each successful project not only boosts your reputation but also fosters meaningful relationships with clients. If you’re detail-oriented and enjoy the challenge of bringing ideas to life, this business could supplement your income and potentially grow into a rewarding full-time enterprise.
How much you can make: $21,000 — $300,000/month
How much does it cost to start: $6,000 (?)
How long does it take to build: 30 days (?)
This case study is about a founder who launched a paywall platform for content creators in 2019, bootstrapping it from $0 and eventually selling it for $3.5M on Flippa, with the platform generating between $125,000 - $142,000 in Monthly Recurring Revenue (MRR) on 95% margins.
12. Start a day spa business ($154K/month)
As an accountant, your sharp analytical skills and detail-oriented nature could uniquely position you to excel in the day spa business. With the luxury day spa industry experiencing significant growth, you could leverage your financial acumen to develop a strong business plan and budget effectively. Understanding cost analysis and efficient financial management would allow you to make informed decisions regarding pricing, services, and investment in top-notch equipment and facilities.
Moreover, your familiarity with compliance and regulations would be an asset in navigating the legal requirements for operating a spa. Beyond just numbers, your empathetic approach to client satisfaction and wellness could help create a relaxing and rejuvenating environment that attracts a loyal clientele. If you have a passion for helping others unwind and de-stress, starting a luxury day spa could be a rewarding and profitable venture that complements your accounting career.
How much you can make: $30,000 — $275,000/month
How long does it take to build: 140 days (?)
ZZ Day Spa, founded by Gary Oberoi, went from $30,000 to $240,000 in monthly revenue within three years in New York as they aim to become the most customer-centric day spa in the world through hiring the right people and providing an unforgettable experience while mastering digital marketing to attract clients.
13. Start a data mining and analytics tools business ($237K/month)
As an accountant, you could leverage your expertise in financial data and business operations to delve into the world of data mining and analytics tools. This venture would allow you to develop software that extracts, processes, and analyzes vast amounts of data to uncover valuable patterns, trends, and insights. By identifying industries such as finance, healthcare, and retail that would benefit from sophisticated data analysis, you could cater to a growing market driven by the demand for data-driven decision-making.
Your strong foundation in financial principles, coupled with a grasp of programming, statistics, and machine learning, could enable you to create effective and innovative analytics tools. These tools could provide businesses with critical intelligence to make better strategic decisions, ultimately driving their success and transforming industries. It’s a business idea that uniquely combines your accounting acumen with technical skills, offering both challenge and reward.
How much you can make: $450 — $1,500,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 107 days (?)
Parseur, the data extraction tool, helps businesses automate their data entry process, catering to multiple industries such as food delivery, real estate and marketing, and has grown to over $40k in revenue per month since its launch in 2017.
14. Start a customer intelligence analytics business ($107K/month)
As an accountant, starting a customer intelligence analytics business could be a lucrative side venture or a full-fledged business due to your proficiency with data analysis and strong communication skills. By analyzing customer data and generating actionable insights, you could help businesses make informed decisions, improving their marketing and sales strategies or enhancing customer retention rates.
Given your background in data and finance, you are well-positioned to interpret complex datasets and translate them into practical strategies that drive business growth. With the rising demand for customer intelligence analytics, your services would be highly sought after in both small and large businesses, ensuring a steady stream of clients.
By leveraging platforms like Verint, you could provide cutting-edge actionable intelligence solutions tailored to your clients' needs. Considering Verint's substantial revenue generation of $1.3 billion in 2022, the potential for a thriving customer intelligence analytics business is substantial, indicating a promising opportunity for entrepreneurial accountants.
How much you can make: $100 — $840,000/month
How long does it take to build: 180 days (?)
EspoCRM, an open-source CRM application for small and mid-size businesses, has seen an average of over 16,000 downloads per year and makes up to $30k per month, offering efficient tools to systematize customer data, improve sales cycles, and automate routine administrative tasks.
15. Start an all-in-one social media sharing app business ($217K/month)
As an accountant with an eye for entrepreneurial opportunities, you could consider creating an all-in-one social media sharing app to supplement your income or start a side business. Leveraging your analytical skills, you would address a common pain point for influencers, marketers, and everyday users - the chaos of managing multiple social media accounts.
By developing a centralized platform where users can manage, schedule, and post across all their social media profiles, you would streamline their online presence and improve their engagement strategies. Your expertise in understanding and building efficient systems could be a valuable asset in tackling the technical challenges such as understanding APIs and robust backend development. This venture not only offers enormous market potential but also provides a meaningful solution that saves users significant time and effort.
How much you can make: $99,996 — $333,333/month
How much does it cost to start: $750 (?)
How long does it take to build: 525 days (?)
MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.
16. Start a nail manicure & pedicure kiosk business
As an accountant, you could leverage your financial expertise to efficiently manage the budgeting, expenses, and pricing strategies of a nail manicure & pedicure kiosk business. By applying your analytical skills, you might explore cost-effective ways to source high-quality nail care products and ensure profitability while maintaining competitive pricing.
Additionally, starting a nail kiosk business could supplement your income without demanding a full-time commitment. You could hire and train staff to handle day-to-day operations, allowing you to focus on your accounting career while overseeing the business’s financial health during your free time. By utilizing your understanding of financial statements and cash flow management, you could make informed decisions that enhance the kiosk’s growth and sustainability.
Marketing savvy and customer service skills are also crucial for a successful nail kiosk. With your knowledge of local market dynamics and the ability to analyze spending patterns, you could craft targeted marketing campaigns, promotions, and customer loyalty programs to attract and retain clients. This business could not only diversify your income streams but also provide a creative outlet and networking opportunities within the beauty industry.
How much does it cost to start: $3,000 (?)
How long does it take to build: 30 days (?)
17. Start a life coaching business ($19.7K/month)
As an accountant, you could leverage your finely-tuned analytical skills, expertise in financial management, and deep understanding of business processes to start a life coaching business. Coaches help people in various areas of their lives using a blend of emotional intelligence, professional knowledge, and personal experience. The industry is growing quickly, with a market worth over $2.85 billion and a 33% increase in the number of coaches between 2015 and 2019.
You could begin this side business with minimal startup costs, requiring just a computer, a high-speed internet connection, and a LinkedIn account. You could use your spare time to coach clients initially and gradually build your clientele. This venture not only supplements your income but also broadens your professional horizons, allowing you to impact clients' personal and professional growth.
How much you can make: $100 — $120,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.
18. Start a sales leads business ($452K/month)
As an accountant, you could leverage your analytical skills and keen attention to detail to start a profitable sales leads business. This venture involves generating, verifying, and selling contact information of potential clients to other businesses, which is a service in high demand across various industries. Companies are always on the lookout for quality leads, and your accuracy-driven mindset gives you an edge in ensuring that the data you provide is both reliable and valuable.
The practical tasks of a sales leads business often include researching, collecting data, and maintaining its accuracy—skills that align well with your background in accounting. Use tools like online databases, social media platforms, and company websites to gather these leads. Your ability to analyze and organize data methodically, combined with a drive to help other businesses succeed, could make this endeavor a lucrative side business or even a full-time venture over time.
How much you can make: $1,000 — $3,333,333/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 150 days (?)
Dux-Soup is a LinkedIn automation tool that helps business owners and sales & marketing professionals generate more leads, increase efficiency, and save time; with over 70,000 users and revenue of nearly $5 million, it offers automated top-of-the-funnel LinkedIn outreach activities, targeted LinkedIn campaigns and multi-touch & personalized LinkedIn drip campaigns for lead generation.
19. Offer a turnkey office space
As an accountant, starting a turnkey office space business could be a lucrative way to supplement your income. With the growing demand for flexible work environments, you could leverage your organizational and financial management skills to establish fully-equipped office spaces that businesses can readily use. Imagine managing a property where your clients walk in to find everything—from desks and chairs to high-speed Internet and meeting rooms—already set up for them.
This venture would involve procuring and maintaining office equipment, handling leases, and ensuring that all amenities are in tip-top shape. Start-ups and small businesses, who often shy away from long-term leases and substantial upfront costs, would find significant value in this service. With an initial investment in property and office furnishings, you could tap into a profitable market, especially given the current trend toward remote and flexible work arrangements.
How much you can make: $14,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
This case study is about Mike Gardener, the founder of The Office Providers, an online office space and workspace search platform that generates approximately $14k per month in revenue and helps businesses find flexible workspaces on short-term contracts.
20. Start a fashion business ($114K/month)
Starting a fashion business could be a lucrative side venture or even a full-time opportunity for an entrepreneurial accountant. Given the fashion industry's immense value of $473.42 billion in 2022 and its 8.3% growth rate, there is enormous potential for financial gains. With your accounting expertise, you could manage the financial aspects of the business more efficiently, ensuring sound budgeting, cost control, and profitability analysis.
Moreover, using your analytical skills, you could assess market trends and forecast fashion industry dynamics, positioning your business strategically. Embracing social media platforms like TikTok and Instagram could allow for cost-effective and impactful marketing, making it easier to reach a broader audience and staying relevant with current trends. This blend of financial acumen and a strategic marketing approach could help you carve out a unique niche in the competitive fashion industry.
How much you can make: $100 — $2,100,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 120 days (?)
Learn how this DIY blogger turned sewing pattern maker generates over $10k per month in passive income, and discover her tips for building an authentic brand on a budget.
21. Start a micro saas ($83.3K/month)
As an accountant, you could delve into the world of micro-SaaS to create highly specialized software solutions tailored to specific problems within the accounting industry. For instance, by leveraging your in-depth knowledge, you could develop a niche tool that automates complex tax calculations or streamlines client financial reporting processes. This targeted approach allows you to intimately understand your customers' needs and deliver precise, customized solutions.
Moreover, starting a micro-SaaS business presents the opportunity to foster close relationships with your customer base. By focusing on a smaller, niche market, you could regularly gather feedback and continuously improve your product offerings. This not only ensures customer satisfaction but could also pave the way for sustained long-term success.
By pinpointing a unique problem in your field and building a scalable software solution, you could effectively supplement your income or transition into a fully-fledged business. Your expertise as an accountant positions you perfectly to innovate within the industry and meet the specific demands of your peers.
How much you can make: $117 — $1,766,666/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
SuperLemon, a WhatsApp plugin for Shopify eCommerce stores, crossed $29,000 in MRR as of July 2020, with 20,000 users from 50+ countries and 1700+ paying customers, all acquired through organic marketing strategies and a relentless focus on customer service and satisfaction.
22. Start a software integration plugin ($33.3K/month)
As an accountant, you could leverage your expertise in financial software and systems to develop a software integration plugin. This plugin would help businesses seamlessly connect various financial and operational tools, eliminating the inefficiencies tied to manual data entry and reconciling disparate software. Given the complex tech stacks modern businesses rely on, your solution could address a significant pain point by providing a streamlined, automated workflow.
Creating a software integration plugin might involve understanding APIs and creating custom solutions tailored to your clients' unique needs, making your service indispensable for their operational efficiency. This entrepreneurial venture allows you to not only supplement your income but also position yourself as a vital tech-savvy consultant in the financial space, thus opening up additional revenue streams and client relationships.
How much you can make: $1,000 — $120,000/month
How much does it cost to start: $3,550 (?)
How long does it take to build: 100 days (?)
Gorilla ROI is a Google Sheets add-on that connects Amazon Seller Central to Google Sheets, now bringing in $12,000/month through organic inbound marketing, and focusing on scalability before any heavy push towards outbound marketing.
23. Start a watch brand ($157K/month)
As an accountant, starting a watch brand could be an excellent way to supplement your income or even create a thriving side business. Leveraging your financial acumen, you could effectively manage the costs of utilizing quality materials and distinctive designs, ensuring that your brand maintains profitability while offering products that reflect personal style and vision.
From high-end mechanical watches to technologically integrated smartwatches, the diversity in product offerings allows you to tap into various market segments. With strategic branding and marketing efforts, there's potential to capture significant market share and grow from a small startup to a flourishing fashion empire, making your mark in the thriving global market for luxury accessories and innovative timepieces.
By combining your accounting skills with entrepreneurship, you could meticulously oversee financial planning, budget allocation, and investment strategies, making your watch brand not only successful but also sustainable in the long run.
How much you can make: $1,500 — $480,000/month
How much does it cost to start: $8,500 (?)
How long does it take to build: 200 days (?)
Founder Ronnie Teja's purpose-driven watch brand, Branzio, has seen $25k in sales per month and is set to double in the next six months thanks to a focus on branding and building an aspirational brand with a loyal customer base.
24. Start an online newsletter writing business ($596K/month)
As an accountant, you could leverage your expertise to start an online newsletter writing business that provides clients with valuable financial insights and industry updates. By regularly sending newsletters to your subscribers, you could keep them informed about tax tips, regulatory changes, and financial planning strategies. This service could be offered on a weekly or monthly basis, depending on your content and objectives.
To get started, you could choose an email newsletter tool that best suits your needs and define clear goals for your content. Select a professional template and personalize it to meet the expectations of your target audience, ensuring the information is both relevant and engaging. With a structured approach and your financial acumen, this side business could supplement your income while establishing you as a thought leader in the accounting field.
How much you can make: $500 — $4,100,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
College student, Whitney Bowen, launched Fem 'n STEM during the COVID-19 lockdown selling STEM boxes for kids between the ages of 8-12 and has earned $1.5k in monthly revenue within the first month of launch using social media to advertise and using WIX to create an online store.
25. Become a specialized care provider
As an accountant, you could start a specialized care provider business and leverage your financial acumen to manage this niche market effectively. Specializing in individualized care services such as post-surgical care, ADHD management, or dementia support allows you to cater to the unique needs of chronic disease sufferers, elderly folks, or individuals dealing with disabilities. The business not only addresses a pressing market need but also offers the satisfaction of improving lives through meticulous and compassionate care.
Operating such a business involves intricate processes like managing medication routines, therapy sessions, and dietary requirements—areas where your attention to detail and organizational skills as an accountant will be immensely valuable. By running a specialized care agency, you seamlessly blend your financial expertise with a mission-driven initiative, creating a thriving business while significantly impacting those in need.
26. Start a typing speed testing business
As an accountant, starting a typing speed testing business could be a lucrative way to supplement your income. This business could target individuals preparing for typing-intensive jobs like data entry clerks, medical transcriptionists, and administrative assistants. By developing a reliable typing speed-testing tool, you could offer a valuable service that helps both job seekers and employers make informed decisions.
Additionally, your analytical skills and attention to detail as an accountant would be invaluable in creating an accurate and user-friendly tool. You could market your product to companies needing to assess typing skills during the hiring process or even provide certifications for individual users to enhance their job prospects. This business venture could seamlessly fit into your current profession by leveraging your existing skills and expanding your market reach.
27. Start a sms marketing business ($193K/month)
Starting an SMS marketing business could be a smart way for accountants to supplement their income, leveraging both their analytical skills and business acumen. With 85% of adults in the US owning a smartphone, businesses are increasingly adopting SMS marketing to reach their customers directly. As an accountant, you could utilize your attention to detail and understanding of financial metrics to manage and analyze the effectiveness of SMS campaigns for various clients.
By offering personalized promotions, offers, or discount campaigns through your SMS marketing platform, you could provide valuable services to retailers and other businesses looking to boost customer engagement. Additionally, your ability to crunch numbers can aid in optimizing remarketing campaigns and online surveys, ensuring clients get a high return on investment. Whether you offer these services on a subscription basis or via one-off purchases, an SMS marketing business could become a profitable side hustle or even a full-fledged entrepreneurial endeavor.
How much you can make: $1,200 — $1,200,000/month
How long does it take to build: 135 days (?)
GreenRope, a self-funded CRM and marketing automation platform with over 1,000 customers in 20 countries, was built organically and focused on creating a positive, customer-centric culture without outside investment, with an all-in-one interface solving challenges in managing sales, marketing, customer service, and operations.
28. Start a crowd control products business
As an accountant with a keen eye for detail and financial savvy, you could leverage your organizational skills to start a crowd control products business. The market for such products, including stanchions, barriers, and signage, is broad and encompasses events, retail stores, and public spaces, providing a consistent demand.
Managing the finances for inventory, marketing, and distribution could be streamlined with your accounting background, allowing you to make informed decisions to maximize profitability. This side business could supplement your existing income and potentially grow into a full-time venture, offering a diversified revenue stream and financial independence.
29. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could be a lucrative and flexible way to supplement your income as an accountant. You could leverage your analytical skills to develop data-driven social media strategies that help businesses attract and retain more customers. Additionally, as the accounting profession often requires a deep understanding of business operations, you could offer more tailored marketing solutions that align with your clients' financial objectives.
Given the advantage of automation tools, you would not need to commit an exorbitant amount of time to manage the agency, making it a perfect side business. By creating a well-crafted agency portfolio, you could effectively market your services and attract customers who value both social media marketing expertise and a solid understanding of financial performance. This dual capability could set your agency apart and lead to a robust stream of extra income.
How much you can make: $1,000 — $500,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 30 hours/week
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.
30. Start a goal tracking app business
As an accountant, you could leverage your analytical skills and attention to detail to create a goal tracking app business. Many professionals and individuals struggle with maintaining their momentum in achieving goals, whether personal or financial, presenting a significant market opportunity.
A well-designed app featuring tools like reminders, progress analytics, and community support can help users set, monitor, and achieve their objectives. Given your expertise, you could incorporate financial goal tracking to cater specifically to your peers and clients, further customizing the app to their unique needs.
Additionally, this venture would align with your knack for precision and strategy, offering a tangible platform to turn abstract objectives into achieved milestones. By addressing the universal challenge of goal-setting, your app could appeal to a broad audience, from students to seasoned professionals, ensuring a robust user base.
How much you can make: $500,000/month
How much does it cost to start: $800 (?)
How long does it take to build: 60 days (?)
Hubstaff grew its time tracking app to 10,000 paying customers and $6 million in annual recurring revenue by solving a real problem in the market without any big incumbents, using SEO tactics and a differentiated product with proof of work features that answered the need for owners and managers to know how long development tasks should take, manage back-office tasks, and track remote team or freelancers' work.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.