The 98 Best Businesses To Start In Australia [2024]
Interested in starting a business in Australia in 2024?
We put together 98 of the best businesses you can start in Australia today.
In this list of ideas, you can find:
- Home-based businesses to start in Australia
- Profitable online business ideas
- Unique business opportunities for Australia
- Low investment business ideas (under $5k to start)
- Easy businesses you can start in Australia today
For each business idea, we’ll show you real-world examples, revenue expectations for each idea, + a step-by-step on how to start your small business in Australia.
Here's the full list:
1. Start a graphic design business
Graphic designers create logos, brochures, ads, and other marketing materials for companies and organizations. They also design websites and other digital content, including social media graphics.
Graphic designers may specialize in one type of design (such as print or web design), or they can be generalists who do everything from logo design to social media graphics.
Starting a graphic design business can be one of the most rewarding things you’ll ever do. It’s not easy, but if you’re passionate about design and want to make a living, starting your own graphic design business is a great way to go.
Consider a suitable pricing structure when starting a graphic design business in Australia. You may charge the customers per hour or fixed pricing based on the project’s nature.
How much you can make: $2,500 — $1,750,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 87 days (?)
Learn how two friends bootstrapped a SaaS business to $55k monthly recurring revenue (MRR) by creating a simple graphic design tool for non-designers and focusing on content marketing for customer acquisition.
2. Start an ecommerce store
An eCommerce business is a company that sells products or services online. Ecommerce businesses have many advantages over brick-and-mortar businesses, including lower overhead costs, increased flexibility and reach, and the ability to reach a wider audience.
eCommerce is booming right now because of the convenience and efficiency it offers consumers. Consumers can buy products from their favorite brands on a platform that makes the whole process easier than ever. They don't have to leave their homes or go out in public, they can just sit down at their computer, tablet or smartphone and browse through all of the options available to them.
To start an ecommerce business, you'll need to set up a website where customers can browse your inventory and purchase items, as well as payment processing software that allows you to accept credit card payments. You'll also need to choose a shopping cart software and manage inventory tracking software.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
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.
3. Start a niche web design business
Niche web design business focuses on a specialized market such as law, home improvement, videography, fashion, etc. typically, when a web designer niches down their services, they are simply choosing to concentrate on one industry and create websites for businesses within the particular niche. To become a niche web designer, consider honing the following skills and personal qualities:
- Visual design, HTML, CSS, JavaScript
- Strong communication skills
- Analytical thinking and problem-solving skills
- Teamwork and research skills
- Attention to detail
Narrowing your focus to a particular niche gives you a higher chance of becoming a recognized expert and places you in a better position to charge more for your services.
How much you can make: $200 — $200,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 50 days (?)
Nirmal Gyanwali founded Nirmal Web Studio in 2015 with no investment, gradually growing from 2 to 25 global teams, serving more than 100 clients, including the University of Oxford, by offering top-notch web development services through their values of continuous improvement and leadership.
4. 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 (?)
Social entrepreneur founder turned 7-figure business owner builds highly educated and dedicated virtual assistants agency, Outsourcing Angel, which hires for hundreds of clients worldwide by finding, recruiting, and working with clients and virtual assistants every step of the way while donating 10% of profits to fund charity initiatives to help poverty-stricken areas.
5. Start a training software
Online learning software makes it easy for institutions to deliver course content to learners. The learners can be students, employees, or even business people who want to learn a new skill.
Starting an eLearning software can be a profitable investment. Industry experts project that the e-learning market will double in the next few years.
Your business can provide content, create supporting technology, and administer e-learning courses.
How much you can make: $1,500 — $450,000/month
How long does it take to build: 90 days (?)
Coassemble is an online training platform that has seen >100% YoY growth since launch, capturing the untapped market segment of small to medium businesses looking to train online for the first time, with over 1,000 businesses signing up to the platform and 90% of new customers training online for the first time, using a focus on ease of use, flexible sharing options, deep reporting, and genuine engagement experiences.
6. Become a florist
Floral designers arrange live, dried, and silk flowers for decorative displays. Florists also help customers select flowers, containers, ribbons, and other accessories. Florist services can be fun and highly profitable. However, a florist must be creative and ready to work hard to see the business flourish.
How much you can make: $9,600/month
How much does it cost to start: $250 (?)
How long does it take to build: 30 days (?)
Milla Rose, a boutique online flower arrangement business based in Melbourne, Australia, started as a side project in a bedroom and has grown into a nearly $10k a month business, with monthly revenue doubling since last year, selling almost 3000 arrangements to all corners of Australia.
7. Start a health and safety training business
The health and safety business focuses on creating a safe workplace by instituting measures to prevent accidents and ensure employees' general wellness.
Health and safety professionals work with businesses to implement an employee health and safety program, ensuring compliance with the regulatory laws.
The U.S Bureau of Labor Statistics reports that the demand for safety professionals will grow by over 11% in the coming decade. The statistics show a mushrooming demand for health and safety experts. In that regard, starting a health and safety business can be profitable.
How much you can make: $650,000/month
How long does it take to build: 90 days (?)
This case study follows the story of Brendan Torazzi, the CEO of AlertForce, a health and safety compliance training business that reached a peak turnover of almost $5 million per annum but currently remains highly profitable, and how he prioritized his lifestyle and leveraged technology to build a successful business, as well as lessons on the power of being the first and being agile.
8. Start a furniture business
The furniture industry involves designing, manufacturing, and selling various types of furniture for household and commercial purposes. With the increase in flexible workspaces and the real estate industry’s growth, the furniture business’s demand is boosted.
The furniture business is easy to start and does not require high investments. However, it is first essential to know your niche, for example, office, domestic, home furniture, and luxury items.
The furniture business needs a lot of preparation and prior knowledge. Taking business classes, learning about your local market, and making a solid business plan is advisable. In general, if your products are unique and one of a kind, consumers will be willing to pay a higher, including the shipping cost.
How much you can make: $5,000 — $999,999/month
How long does it take to build: 90 days (?)
Anesley Clarke, the founder and CEO of B2C Furniture, achieved a 132% increase in revenue that primarily focuses on selling directly to end-users with their sustainable e-commerce furniture business that offers an extensive range of carefully crafted furniture which is constructed with hardwood and environmentally conscious design.
9. Start an email newsletter business
Struggling to make the most of your writing talents? Consider starting an email newsletter business. An email newsletter business involves curating, creating, and distributing niche-specific content to a targeted audience through email.
Imagine being the go-to source for engaged readers who eagerly await your content, offering valuable insights, advice, or entertainment. You'll need to consistently produce high-quality content and market your newsletter effectively to build a subscriber base.
From exploring affiliates to paid subscriptions, monetization can become a steady revenue stream. Your ability to engage readers will be key, so think about what unique perspective you can offer. It's an effective way to harness your writing skills and entrepreneurial spirit.
How much you can make: $160 — $3,000,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 22 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.
10. Start a journal brand
A journal is a newspaper or a magazine that covers a particular subject or a professional activity based on the author's thoughts and feelings. The beauty of journaling is there is no right or wrong way to start.
The approach depends on your personal experience and can take many forms.
Find a journaling habit that works for you and create a writing routine. Get creative and journal about anything that comes to mind, so long as it interests your target audience.
How much you can make: $200 — $150,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 105 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.
11. Start a golf simulators business
Everyone wants to believe they can be as good as a pro when they step up to a tee. A golf simulator is one way to keep practicing and building golf skills. Golf simulators have exploded in popularity over the past decade, making them a profitable business venture.
Golf simulators allow one to practice and play virtual golf on courses 24/7, indoors or outdoors. The simulators record player's real-time metrics showing how one is doing and highlighting areas that need improvement. The golf simulators market overview report shows projected growth of 8.3% over the next few years. Therefore, the golf simulators have great market potential.
To start a golf simulator business, research the options available from different golf simulators and their features. Find a good location for your golf simulators, research the target audience and develop projections.
How much you can make: $500,000/month
Australian startup founder Igor built a virtual golf empire selling affordable golf simulators for personal and commercial use, leading to the growth of his e-commerce platform and establishment of an event hire business, all through the power of online networking.
12. Start a travel influencer business
Travel influencers create content about travel, tourism, and culture and share their experiences via social media or personal blogs.
If you love exploring new places and are interested in earning a side income, consider becoming a travel influencer. Your role will be to document places you have visited and feature unique formations, cultures, and landscapes.
Share your content via social media channels and include relevant hashtags. Travel influencers earn income through partnerships with travel and tour companies and advertisement revenue based on their niche.
How much you can make: $50 — $233,333/month
How long does it take to build: 90 days (?)
PlanIt is a travel recommendation and planning platform that has seen compelling growth in database coverage and user growth, covering every country in the world with several thousand users and a large SEO focus as well as a growing interest from travel and lifestyle businesses to list their details.
13. Start an art business
Starting an art business can be a great idea if you have a passion for art.
You’ll be able to work on your schedule, set your prices, and do something you love—while supporting yourself or even making money!
There are so many different avenues available to you as an artist-entrepreneur right now—from selling your work online (on sites like Etsy), through galleries or museums, or even at craft fairs and flea markets.
How much you can make: $876 — $415,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Art Lovers Australia grew from 50 to almost 1000 artists and increased their monthly sales to an average of $160K by collaborating with designers and TV shows, building an audience on social media before launching, prioritizing advertising and marketing, and creating partnerships.
14. Start a clothing boutique
If you have an eye for fashion trends and retail experience, opening a clothing boutique can be a great opportunity for you to tap into the lucrative fashion retail industry and be your own boss.
To succeed in this venture, you need to identify your target customers, curate your inventory to match their style and leverage social media marketing to build a loyal following and grow your business rapidly.
Focusing on specific customer segments, such as petite, plus-size, budget-conscious customers, or underserved groups instead of competing with major chains can further help you stand out in the market.
Opening a specialized clothing boutique lets you monetize your passion while serving customers that traditional stores often ignore.
How much you can make: $500 — $600,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
Height-Of-Fashion, an online clothing store for women 5'10" and over, saw double profit, products, and customers YoY, with a notable 43% retention rate, as the founder shares how Instagram, PR, and sports influencers are preferable to acquisition channels like Facebook for a niche market.
15. Start a team collaboration app
In a world where remote work is becoming the norm, a Team Collaboration App is essential for seamless communication and productivity. This idea revolves around building a platform that enables teams to share files, manage projects, and communicate effectively in real-time.
Think of it as a one-stop-shop for every need your team may have—whether that's video conferencing, task management, or document sharing. The beauty of this idea lies in its flexibility and scalability, accommodating small startups to large corporations.
Developing such an app involves planning user-friendly interfaces and integrating robust security features. You'll need to maintain a steady pace of updates and customer support to keep users satisfied and engaged.
If you possess a knack for solving workplace inefficiencies and a passion for coding or project management, this is a venture worth considering. Team Collaboration Apps are not just tools; they're the backbone of modern remote work culture.
How much you can make: $2,000 — $1,833,333/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
Simul Docs doubles its annual recurring revenue every year, boasting over 10,000 users across 65 countries including Microsoft, Harvard University, Samsung, and Disney. The collaboration tool provides a better way for people to work on Microsoft Word documents and is committed to bootstrapping for a small but highly profitable future.
16. Start a mobile app development business
Mobile app development is the process of creating software applications that run on mobile devices. These apps can be used for a variety of purposes, including games, productivity, and social networking.
Starting a mobile app development business is a great way to enter the world of software development. This type of company is growing in popularity as businesses are looking for ways to reach their customers through mobile apps.
To start a mobile app development company, you need to have strong technical skills and be able to develop high-quality software. You should also have a good understanding of how to market and sell mobile apps
How much you can make: $6,000 — $700,000/month
How long does it take to build: 120 days (?)
Appetiser App Development grew from a startup with $0 to now making over $8,000,000 annually with over 200 employees across the globe, serving clients that have billions in valuations like Pointsbet and Good Empire, by helping startups succeed with their app development needs.
17. Start a real estate investment club
Real estate investment clubs are non-profit organizations where investors join together to buy real estate properties and make joint investments.
Real Estate Investment clubs can work on 2 models: free to join for all or charge an annual fee, which would be less than a few hundred dollars. Every Real Estate Investment club should offer knowledge about different investment practices, how to advertise a service or a business, networking with fellow professionals in the real estate industry, etc.
To start a real estate club, you should consider the following points:
- Conduct market research and reach out to people who already have expertise in this field
- Attend meetings and find out how other clubs operate.
- Familiarize yourself with real estate laws and current market conditions.
- Once you decide your mission, start recruiting people and promoting your club
Investing in real estate can be a big step. Hence, it is always beneficial to form a partnership and find the best deal. Ideally, a club may charge between $50 to $150 per year.
How much you can make: $10,000 — $600,000/month
How long does it take to build: 240 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.
18. Start a remote hiring company
Remote hiring is reshaping the way businesses find talent, heralding a new era in recruitment. A remote hiring company facilitates the connection between employers and potential employees who work from different locations around the globe. This business idea stands at the intersection of convenience and inclusivity, offering companies access to a wider talent pool without geographical constraints.
Starting a remote hiring company involves building a platform to match job seekers with employers. This requires developing robust software, ensuring state-of-the-art security features to protect user data, and establishing a seamless user experience. The essence of your work will be to create trust through comprehensive vetting processes, efficient matching algorithms, and ongoing support for both employers and remote employees.
By streamlining the hiring process for remote positions, a remote hiring company can fill a growing need in a rapidly changing job market. This venture offers the opportunity to contribute to a future of work that is flexible, diverse, and far-reaching.
How much you can make: $10,000 — $350,000/month
How much does it cost to start: $1,875 (?)
How long does it take to build: 75 days (?)
CloudDevs, a tech talent platform that sources and vets freelance tech talent and matches them with companies, has achieved $1 million in GMV in its first year, plans to achieve 100% growth year on year, and focuses on customer loyalty through its Net Promoter Score metric.
19. Start an online form builder
An online form builder is a tool that allows you to quickly and easily build online forms for your website.
Benefits of using a form builder:
- Use to easily collect information from visitors, customers, employees, or even other businesses for marketing research.
- Help businesses get more leads and increase conversion.
- You can build beautiful and professional-looking forms in minutes.
How much you can make: $14,500 — $420,000/month
How long does it take to build: 90 days (?)
Bootstrapped online form builder Paperform, founded by Diony McPherson and her husband, grew from a lifestyle business launched in 2016 to an annual revenue of over $1.5m by 2021, thanks to investing resources in supporting customers and creating a high-quality product.
20. Start a customized security software business
Many organizations have cybersecurity gaps that off-the-shelf products cannot address due to legacy systems, industry-specific threats, regulatory obligations, modern attack tactics, and complex global IT environments.
To tackle this issue, a customized security software business can develop tailored and proprietary cybersecurity solutions that cater to the specific needs of each organization. Starting a customized security software business requires careful planning and execution. Here are some steps to help you get started:
To start the security software business, conduct thorough research on the current state of the cybersecurity industry. Identify the latest trends, challenges, and opportunities. Also, research your competitors and their offerings.
Focus on providing secure software purpose-built for each customer’s infrastructure, workflows and objectives, this business can both fulfill pressing protection needs cost-effectively and scale growth rapidly across countless industries lacking adequate safeguards.
How much you can make: $8,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 15 days (?)
Learn how a founder built a profitable backup SaaS tool with 50 customers in just 8 months by identifying a niche demand for an Azure DevOps backup service, pricing it slightly higher than usual, and focusing on SEO with targeted articles and backlinks.
21. Start a success coaching business
Imagine guiding others to achieve their fullest potential and creating a rewarding career simultaneously. A success coaching business is about just that—empowering individuals to set and reach personal or professional goals.
In simple terms, as a success coach, you'll work one-on-one with clients, helping them identify strengths, set actionable plans, and overcome obstacles. With a mix of motivational techniques and strategic planning, you'll guide them toward achievements they once thought impossible.
The appeal lies in the transformative impact you can make, not only fostering growth in others but also building a sustainable and fulfilling business. This path requires dedication to continuous learning, client relations, and sharpening your coaching methodologies.
If you possess a knack for inspiration and a commitment to seeing others succeed, this business idea offers both a meaningful and profitable venture. Consider exploring further to turn your passion for positive change into a thriving coaching practice.
How much you can make: $6,000 — $60,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 120 days (?)
10k Customers CEO Lucy Bloomfield shares her process of building profitable, leveraged product companies and turning their focus to helping non-product-based companies build self-liquidating front-ends, resulting in $1 million in revenue through phone sales and 17.5% net profit in the previous year.
22. Start a shoe brand
Starting a shoe business can be very lucrative - you can make money by selling shoes, but you can also make money by buying shoes and then reselling them at a higher price.
It's an industry that's been around for hundreds of years, so it's well-established and has plenty of room for growth—especially if you can get in at the ground level. It's also easy to start with minimal investment: even if you only have enough money for two months' worth of inventory, you can still get started right away.
How much you can make: $1,000 — $4,000,000/month
How long does it take to build: 455 days (?)
Boomerangz Footwear created interchangeable thongs designed to minimize blowouts and with patented bases and straps, resulting in a successful crowdfunding campaign that raised $50,000 in 6 weeks and led to the company being stocked in over 40 stores around Australia and expanding globally.
23. Start a travel booking app
The travel industry is a booming business, and it’s only getting bigger. Online booking apps have made it easier for people to book their travel arrangements, and they are becoming more popular each year.
If you want to start a travel booking app, you should have a strong understanding of the travel industry and be experienced in programming too.
The recent trends that are making this business more popular are the growth of the travel industry and the rise of mobile technology. Businesses are looking for ways to offer their customers a convenient way to book travel arrangements.
Starting a travel booking app can be interesting and profitable. It offers a unique opportunity to develop an app that can be used by businesses to reach their customers. This is a great opportunity for those who want to get involved in the travel booking industry and learn more about how it works.
How much you can make: $2,800 — $1,500,000/month
How long does it take to build: 285 days (?)
Tiny Away, a network of eco-friendly 'tiny houses' across Australia, has grown to over 75 private locations and brings in an average of $156,000 in monthly rental revenue, appealing to city dwellers seeking unique and comfortable accommodation experiences.
24. Create a website builder
Jumpstart your tech venture with a website builder business. A website builder offers a platform to create websites without needing sophisticated coding skills.
This business revolves around developing a user-friendly tool that helps individuals and businesses design their own websites with ease—drag-and-drop features, customizable templates, and integrated functionalities like eCommerce and SEO tools.
The demand for websites is insatiable, fostered by the growing number of small businesses, freelancers, and personal brands needing an online presence. By providing an easy-to-use solution, you tap into a vast market eager for simplicity and efficiency.
Starting this business requires a solid understanding of web development, user experience, and continuous adaptation to new tech advancements. But the payoff is substantial: empowering users to establish their digital footprint efficiently.
How much you can make: $200 — $8,500,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
The Creative Collective is a full-service marketing agency that has grown its revenue and doubled its team in the past year, with around 100 active clients and responding to an average of 160 inquiries each month.
25. Start a vegan beauty product business
The vegan beauty product business is an increasingly popular business idea that aims to provide consumers with high-quality, plant-based beauty products free from animal cruelty. These products can range from skincare to haircare and makeup and are often made from natural ingredients such as herbs, fruits, and essential oils.
One of the main benefits of running a vegan beauty product business is the growing demand for ethically-sourced, environmentally-friendly products. Consumers are increasingly aware of their beauty choices’ impact on the planet and are willing to pay a premium for products that align with their values. In addition, the vegan beauty market is predicted to grow in the coming years, making this an ideal time to start a vegan beauty product business.
To run a successful vegan beauty product business, it is essential to ensure that all products are truly vegan and cruelty-free. This means avoiding ingredients such as beeswax, honey, and lanolin and opting for plant-based alternatives. It is also important to source ingredients from sustainable sources and to use eco-friendly packaging whenever possible.
Marketing is also key to the success of a vegan beauty product business. It is essential to target the right audience and communicate the values and benefits of the products. Social media platforms such as Instagram and Pinterest are great places to share images and information about the products and to engage with potential customers.
In summary, the vegan beauty product business is a great opportunity for startup founders to provide consumers with high-quality, ethical beauty products while positively impacting the planet. By ensuring that products are truly vegan and cruelty-free, sourcing ingredients sustainably, and marketing effectively, founders can build a successful business in this line.
How much you can make: $750 — $20,000/month
How long does it take to build: 219 days (?)
The Founder of Mellow Cosmetics explains how she grew her company's online sales from $0 to over $400,000 per year, while also expanding her brand's reach through distributors and retailers, with a focus on social proofing and email marketing.
26. Start a healthy meal delivery service
Meal prep delivery services offer healthy and nutritional meals to customers via e-commerce sites.
These services provide either DIY meal kits or Ready-to-eat meals, saving time and eliminating food waste.
They are particularly beneficial for busy people and health-conscious millennials who prefer nutritional food at home.
There are two types of meal services: online meal kits and fast food delivery services.
A meal prep delivery business can be profitable, especially when compared to restaurants, as they save costs on a storefront.
To make a good profit, one should invest less in groceries and ensure they have many customers.
How much you can make: $60,000 — $300,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 7 days (?)
Healthy Chew is a profitable weekly meal preparation service that grew from 200 to 10,000 weekly bowls in just over 3 years, with an overall sales figure of $1.8 million, achieved through effective branding and personalised customer service.
27. Build an analytics tool
Analytics tools are software or apps that help people to make data-driven decisions. They do this by providing users with the ability to access, visualize, and analyze the data.
If you have strong technical skills, then this could be a profitable business idea for you.
QlikView is one of the best Self-Service Business Intelligence, Data Visualization, and Data Analytics tool. In 2022, QlikView generates $750M in revenue.
With the rise of big data, more companies are realizing the importance of data and are looking for ways to make use of it.
Building an analytics tool is a great business idea because it's a tool that can be used by businesses of all sizes. Small businesses can use it to make better decisions about their operations, while larger businesses can use it to track and improve their performance.
How much you can make: $20 — $1,500,000/month
How much does it cost to start: $4,750 (?)
How long does it take to build: 135 days (?)
Plausible Analytics, a privacy-friendly web analytics tool, reached $4,557 MRR and 743 paying subscribers by focusing on content marketing and engaging relevant communities, rather than paid advertising, while positioning itself as a lightweight, cookie-free and affordable alternative to Google Analytics.
28. Start a niche accessories brand
Niche accessories make excellent small business ideas. The profit margins in these businesses are pretty significant because of the product markup. You could have a small Etsy store or sell them through marketplace sites such as Amazon, Facebook, and eBay.
The niche market for custom accessories is estimated to be nearly $473.46B by 2020 and it contains a variety of product categories ranging from jewelry, handbags, and small leather goods to house decorations and small fashion apparel accessories. Niche accessories are currently enjoying strong growth, projected to continue during this decade.
How much you can make: $200 — $1,500,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 75 days (?)
Bravery Co. is a company that empowers women with cancer through designer headwear for cancer warriors, earning an average of 3-5K profit a month and celebrating numerous PR coverage and awards.
29. Start an online fitness business
Thinking of starting an online fitness business?
Online fitness is growing rapidly in popularity because it’s convenient, affordable, and accessible to everyone. The best part is that you can stay in your home to start.
Starting an online fitness business can be a great way to make money and help people. When you start an online fitness business, you don’t have to worry about overhead costs like rent or maintaining a physical location - all you need is a computer and an internet connection to get started.
How much you can make: $2,000 — $500,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 60 days (?)
Gym and Fitness is one of the largest online retailers of home gym equipment in Australia and New Zealand, servicing 450 customers a week and generating $150k/month in revenue, and founder Dave Barnes shares tips for aspiring founders.
30. Start a real estate podcast
A real estate podcast is an audio show that covers topics related to buying, selling, and investing in properties. It provides a convenient and easily accessible way to stay informed and make informed decisions in the dynamic world of real estate.
Starting a real estate podcast is another popular business idea in the real estate industry.
As a real estate podcast host, you'll be responsible for planning, recording, and editing episodes. Episodes may cover a range of subjects, including market trends, financing options, home improvement tips, and interviews with industry professionals.
You'll also need to promote your podcast and build an audience. If you're successful, you could generate income through sponsorships and advertising.
How much you can make: $30,000/month
How much does it cost to start: $4,000 (?)
How long does it take to build: 30 days (?)
Max Options Trading, a completely digital education platform founded by Max Heaney, has reached $24,000/month in revenue with over 400 active monthly members, and utilizes a combination of social media, Facebook ads, weekly newsletters, SEO updates, and partnerships to consistently attract and retain subscribers while maintaining transparency and authenticity in the stock trading industry.
31. Start a medical scrubs business
Medical scrubs are typically used by doctors, nurses, and other medical professionals.
The medical industry is one of the biggest industries in the world. The medical clothing market is expected to reach $173B by 2029.
This business can be started with a small investment and can prove to be an excellent source of income.
32. Start a real estate blog
Blogging about real estate is a great way to share your knowledge and connect with potential clients. As a real estate blogger, you'll be responsible for creating content that covers topics like buying and selling property, home improvement, and landlord-tenant law.
You'll need to be a good writer and have a strong understanding of the industry to be successful. But, if you're passionate about real estate and have something to share, starting a blog could be the perfect business idea for you.
To make a living from their blog, bloggers usually have to monetize their site through advertising, sponsorships, or affiliate marketing. Every time one clicks on an advertisement, they make a small amount, usually somewhere between $0.50 and $5.00 depending on the advertisement.
The current trend of people wanting to learn more about real estate and investing is making the real estate blog business more popular than ever. People are always looking for new and interesting ways to learn about the industry, and a blog is a great way to reach a wide audience.. Plus, it's a relatively low-cost business to start up, making it a great option for those on a budget.
You can use your blog to generate income through advertising and affiliate marketing. Or, you could use it to build a client base and eventually start your own real estate consulting business.
How much you can make: $8,500 — $15,500/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 15 days (?)
The Modest Wallet is a personal finance website founded by Ricardo Pina that generates an average of $8,500 a month in revenue by using an affiliate commission revenue model, with a strong emphasis on SEO to drive website traffic.
33. Start a legal services business
Cryptocurrency lawyers are professionals who offer sophisticated and knowledgeable legal counsel to clients navigating the rapidly evolving cryptocurrency and blockchain space. They provide clients guidance concerning litigation, money transmission, token offerings, and other crypto-related issues.
To become a cryptocurrency lawyer, you should have in-depth knowledge about token issues. Besides, you should have a certified degree of law from an accredited institution. Lawmakers in Washington D.C. and across the world continue figuring out how to establish laws and guidelines to make crypto safer for investors and less appealing to cybercriminals.
Therefore, this is a great opportunity for crypto lawyers to participate in shaping the future of crypto transactions.
How much you can make: $4,500 — $750,000/month
How much does it cost to start: $3,250 (?)
How long does it take to build: 180 days (?)
This case study follows the growth from scratch of a Personal Injury and Criminal Defense law firm that started from direct mail campaigns and has now expanded into a multi-million dollar-a-year business with the goal of becoming an 8 figure firm, while maintaining a customer-centric approach and fostering a culture of innovation and excellence.
34. Start a sensory deprivation tank business
Experience total isolation and float your way into blissful serenity. The sensory deprivation tank business has been growing, 20-25% as of a few years ago.
As our lives become more chaotic and stressful, people will continue to look for ways to destress, and float tanks might be one way that they pull out their wallets.
35. Start a kayak store
Kayaking has shown steady growth in the last decade. According to data, touring kayaks anticipate revenue growth in the coming year. The demand for kayaks is attributed to increased awareness about fitness & health. Kayaking and rafting are effective cardiovascular workouts, and people across the globe are increasingly taking an interest in these sports.
If you love watersports, you can start a kayak store. Your business can focus on renting kayaks to water sports tourists or manufacturing and selling kayaks at wholesale and retail prices.
How much you can make: $100,000 — $400,000/month
How much does it cost to start: $66 (?)
Bay Sports, an online water sports business, started with just kayaks and now offers a wide range of products, able to offer competitive prices due to being primarily online, with over 70% of customers shopping on mobile devices, emphasizing the importance of a strong online presence.
36. Become a painter
Becoming a painter is more than earning a living; it's about creating your own art and enjoying the freedom of working for yourself.
How much you can make: $1,000 — $160,000/month
How much does it cost to start: $1,600 (?)
How long does it take to build: 130 days (?)
Art Lovers Australia grew from 50 to almost 1000 artists and increased their monthly sales to an average of $160K by collaborating with designers and TV shows, building an audience on social media before launching, prioritizing advertising and marketing, and creating partnerships.
37. Start a natural beauty product business
Natural beauty products include aloe vera, honey, or cocoa butter. They contain no chemical or synthetic elements.
The global natural skin care products market size was valued at $6.7 billion in 2021.
Thinking about launching a beauty product line? What’s holding you back? Check out our case studies below to see how others have done it!
How much you can make: $300 — $658,333/month
How long does it take to build: 180 days (?)
A mother-of-two started a $5k/month skincare business after experimenting with beeswax and honey to create luxurious all-natural products, growing her business to attain over $7,500 in sales per month via multiple sales streams, including $4,000 per month at markets.
38. Start an email automation platform
Tired of juggling countless emails? Enter the world of email automation platforms. These tools streamline the process of sending personalized emails to your audience, saving time and ensuring consistency.
Building an email automation platform involves developing software that can segment your audience, personalize content, and schedule emails. The real work includes collaborating with developers, marketers, and customer service teams, understanding clients' needs, and continuously optimizing the software for better performance.
With businesses increasingly relying on digital marketing, the demand for efficient email solutions continues to rise. Starting this venture offers a chance to provide essential tools that enhance communication and boost engagement strategies. If you're tech-savvy and eager to develop impactful solutions, creating an email automation platform could be your next successful business endeavor.
How much you can make: $21 — $4,160,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 180 days (?)
Two entrepreneurs developed Coldinbox, a bulk LinkedIn messaging tool that assists B2B business development managers in converting high-value prospects into leads and customers, resulting in $35,000 in monthly profits.
39. Start a hemp products business
As the hemp industry continues to grow, so does the demand for hemp products. The time is right to start a hemp products business.
Hemp is a versatile and sustainable crop, and with the rising popularity of hemp products, it's a great opportunity to start your very own hemp products business.
You can choose from a wide range of products including clothing, cosmetics, food products such as oil and flour, and even building materials for homes and other structures like fences or barns.
How much you can make: $3,000 — $800,000/month
How long does it take to build: 90 days (?)
Founder builds multimillion-dollar hemp products company from scratch, merging Hemp Foods Australia and Elixinol to become Elixinol Global, trading via the ASX with approximately 50-70% gross margins.
40. Start a tourist visa information business
The tourist visa information business is a service that provides detailed information to tourists and potential immigrants about the requirements of the country they are traveling to or immigrating to.
The tourism industry has grown tremendously in recent years, which has led to a significant increase in demand for tourist visa information services. You can start a tourist visa information business with little capital investment.
A tourist visa information business is an excellent opportunity for anyone looking to start a small business with high profits and low risk.
How much you can make: $22,000 — $250,000/month
How much does it cost to start: $5,050 (?)
How long does it take to build: 120 days (?)
Visa List is a successful micro start-up that provides one-stop visa information for travellers, earning $5000/month on average with 350K monthly active users and has helped over 2 million users with their visa requirements, all starting from a personal frustration with visa processes.
41. Start a streetwear brand
Streetwear is a type of clothing that is usually casual but can also be sporty or formal. Streetwear brands sell everything from hoodies and t-shirts to sneakers, joggers, and jeans.
Starting a streetwear clothing brand has many benefits: it allows you to express yourself through your style, and it allows you to connect with people who share similar interests as you do.
One of the main advantages of starting a streetwear brand is that it doesn't require much capital—you can get started with just an idea!
How much you can make: $650 — $1,100,000/month
How long does it take to build: 90 days (?)
Australian Lux Streetwear brand, Deal with Devil, was created by Lachlan Sonter as an outlet for his mental state, and has since become a popular brand, with its black long sleeve crewneck being the highest-selling garment.
42. Start a wedding registry business
Set the stage for the perfect wedding with a wedding registry business.
In simple terms, a wedding registry business helps couples create a personalized list of gifts for their wedding, making it easier for guests to know what to purchase. This takes substantial decision-making pressure off the couple while ensuring they receive items they truly need and want. As a business owner, you're the maestro orchestrating every moving part—from digital inventory to maintaining relationships with retailers.
Envision yourself fulfilling dreams while tapping into the lucrative wedding industry, which sees billions of dollars flow through annually. It's a straightforward concept with a meaningful impact: you play a pivotal role in an unforgettable life event.
Creating a wedding registry business requires effort on multiple fronts—building partnerships with retailers, setting up an intuitive platform, and providing excellent customer service. But the reward? A thriving business that brings joy and convenience to people’s most cherished moments.
How much you can make: $50,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 45 days (?)
Hitchd, a wishing well, cash fund, and Kickstarter all in one, allows couples to create and fund unique honeymoon experiences while showcasing their trip in a modern and personal way, earning between $3,000 to $7,000 per month since its launch.
43. Start a branding agency
A branding agency helps create, develop, maintain and improve brands. The role of branding agencies is to create, plan, measure, and manage branding strategies for clients to support them in advertising and other promotions.
Business branding has always been a vital part of a business. With branding, businesses reach more customers daily and stay relevant to their existing customers. As companies compete to get more customers and remain relevant, there is a high demand for branding solutions.
Starting a branding agency can be a profitable and satisfying business venture. To start a branding agency, you must be able to weave together disparate pieces of data and information into compelling narratives so you can help a business convey its story or express its unique values and culture.
How much you can make: $1,300 — $350,000/month
How much does it cost to start: $1,250 (?)
How long does it take to build: 30 days (?)
How one founder started a luxury boutique branding house and quit her corporate job, becoming a successful entrepreneur with a team of contractors, interns, and VAs, expanding services to personal styling, social media management, and content creation, while building an online course and planning to become a community for female entrepreneurs.
44. Start an in-home senior care service
In-home senior care services allow senior clients to live their everyday life in the comfort of their own homes.
Experienced caregivers typically customize their services based on their client’s needs - which is why seniors and families prefer this type of service, even if it costs more than a typical nursing home.
There are several different types of home care you can offer, a few being:
- Personal care services: This type of service helps clients with everyday necessities, such as grooming, bathing, dressing, and overall hygiene
- Nurse-directed care: This type of care refers to caretakers managing medication, wounds, and the overall health and well-being of the client
- Meal & Food Prep: This type of care helps prepare nutritious meals and go grocery shopping
- Transportation: Rides to the library, salon, grocery store, doctor’s office, etc.
The price you can charge depends on where you live and your experience, but this ranges anywhere from $18/hour-$40/hour.
The significant part about starting an in-home senior care business is that you do not need formal education or medical training. You can build a successful home senior care business if you have the necessary skills to do this job.
How much you can make: $250,000/month
How long does it take to build: 150 days (?)
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.
45. Start an email hosting service
Thinking about entering the world of digital services? Consider starting an email hosting service. In simple terms, an email hosting service provides personalized email accounts for businesses, giving them a professional touch with custom domain names.
Setting up your own email hosting business involves investing in reliable servers, acquiring necessary software, and ensuring robust security measures. You stand to benefit from recurring revenue streams, as customers will require ongoing service and support. Given the increasing focus on cybersecurity and data privacy, this could be an opportune time to carve out your niche.
With businesses constantly in search of reliable, secure email solutions, there’s a steady demand for your services. If you’re tech-savvy and enjoy the idea of a subscription-based business model, email hosting could be an engaging and profitable venture to consider.
How much you can make: $100 — $1,666,667/month
How long does it take to build: 700 days (?)
Fastmail CEO shares how focusing on quality and respect for users' privacy helped the email hosting service reach $500k/month in revenue, along with insights on building a loyal customer base, developing innovative email protocols, and the tools and resources that have been critical to his success.
46. Start a mobile photography business
Want to start your own photography business? You're not alone. With the rise of social media and photo-sharing, blogging, and online retailing, it's never been easier to start making money behind your camera.
There are photographers shooting weddings, creating images for ad campaigns, freelancing for magazines, touring the world, taking photographs of destinations — the list is endless!
To start mobile photography in Australia, research the target audience and determine which specialization area is more lucrative. Invest in high-quality, professional cameras, lenses, and a computer with professional software photo-editing software.
How much you can make: $2,000 — $500,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 190 days (?)
This case study is about a wedding photographer in Australia who earns over six figures annually by keeping things simple, offering transparent pricing, and focusing on online advertising with an effective website and SEO strategy.
47. Start a cleaning service
A housecleaning side business is a beautiful idea for people with free time on weekends or even weekdays. The side hustle idea requires little capital to start. During the launch, you can choose to offer the service to your neighbors and scale as you gain experience. The average salary for a house cleaner is $17.32 per hour.
By starting a house cleaning business in Australia, you are tapping into an enormous market with plenty of clientele. There could always be demand for your cleaning service, which keeps you in business as you help homeowners keep their homes spotless.
How much you can make: $3,000 — $600,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 70 days (?)
Time commitment per week: Min. 7 hours/week
Learn how Hangover Helpers, an after-party cleaning company, started as a side business and generated monthly revenue of $3k with some months up to $7k during the busy summer period, attracting 60% repeat business with a self-described clean, friendly, and fun brand.
48. Start an email marketing tool
An email marketing tool, also known as an 'email tool', is a software application that helps you create, manage and automate email campaigns. Basically, it's a program that allows you to write and send bulk emails.
Email marketing is one of the most effective marketing channels around. It can be used to generate leads, increase sales, create subscribers, improve your SEO rankings and reach more customers than you would with a blog or website.
The email marketing industry is booming. The global email marketing tool market size is expected to reach $2.53B in 2028. Making an email marketing tool business is as easy as buying a domain and hosting account, but that is just the beginning. You will soon start to see the endless possibilities for creating tools that will be used by entrepreneurs, startups, and even real estate agents.
How much you can make: $120 — $2,083,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 170 days (?)
SmartrMail is an email marketing app for ecommerce merchants that generated more than $50m in sales last year through sending over a billion emails and making over $100K in monthly recurring revenue, whilst maintaining profitability since the start of this year.
49. Build an AI tool
Artificial intelligence is a hot topic in the tech industry right now. An AI tool is a computer program that is designed to simulate human intelligence. AI tools are used in a variety of industries, including healthcare, finance, manufacturing, and retail.
There are many different types of AI tools, but some common examples include chatbots, virtual assistants, and machine learning platforms.
To build an AI tool you will need strong technical skills and experience in computer science. You should also have a good understanding of the different types of AI tools and how they are used.
AI is quickly becoming one of the most important and sought-after technologies in today's world. The revenues coming from software using artificial intelligence are going to increase from 9.5 billion U.S dollars in 2018 to 118.6 billion U.S dollars by 2025.
The demand for AI tools is growing as businesses are looking for ways to automate their processes and improve their customer service. AI tools can help businesses save time and money by automating tasks that would otherwise be done manually.
How much you can make: $1,000 — $3,000,000/month
How much does it cost to start: $6,500 (?)
How long does it take to build: 57 days (?)
SkillSoniq, the world's first AI-powered recruiting app, connects companies with skilled freelancers on a trial basis, saving companies 60%+ in hiring costs and earning $350,000+ in gross revenues in its first year, with a current average of $40,000 a month, and plans to raise a second round of seed funding to achieve escape velocity and continue to form a world-class company.
50. Start a laptop accessories brand
Laptop accessories are items that enhance the functionality of a laptop. These can include external hard drives, docking stations, and carrying cases.
To start a laptop accessories brand, you will need strong marketing and design skills. You should also have a good understanding of the laptop market and what accessories are more popular.
The recent trends in the laptop accessories industry are moving towards eco-friendly and sustainable products. Businesses are looking for ways to reduce their environmental impact and offer their customers products that are made from sustainable materials.
Starting a laptop accessories brand is a great way to enter the world of product design. This type of business growing in popularity as people are looking for ways to personalize their laptops.
How much you can make: $1,000 — $1,000,000/month
How long does it take to build: 186 days (?)
Chargeasap, a Sydney-based startup, has raised over $3.7 million and delivered to more than 130 countries, and now generates over $500,000 per month selling a range of portable batteries and charging accessories.
51. Start a personal development blog
Personal development blogs teach readers activities designed to improve their talents, potential, employability, and wealth.
Here are important tips to help your personal development blog stand out:
- Create a catchy title
- Be truthful to your audience
- Expect and know how to deal with criticism
- Market your blog on social media
- Post new content often
- Plan your content ahead
How much you can make: $4,000 — $120,000/month
How much does it cost to start: $425 (?)
How long does it take to build: 18 days (?)
A CEO shares how he generates $4k a month from his business, YouBeRelentless, which is an online resource that provides tips on entrepreneurship and personal development, by focusing on passion, content, and that career growth takes time.
52. Start an ecommerce retailing business
Starting an ecommerce retailing business can be your gateway to the vast online market. At its core, this business involves selling products directly to consumers through an online store.
Combine your passion for products with a user-friendly e-commerce platform like Shopify or WooCommerce, and you’re well on your way. The beauty of ecommerce is its flexibility—you can choose products that align with your interests or tap into trending consumer demands.
From setting up a professional website to managing inventory and handling marketing strategies, expect to wear many hats. Yet, the rewards are compelling: a global customer base, potential for scaling, and control over your brand.
If you’re eager to blend creativity with commerce, ecommerce retailing offers a promising avenue to explore. Dive in to create your own online retail empire.
How much you can make: $2,500 — $3,000,000/month
How long does it take to build: 90 days (?)
Breeze Mobility is a successful eCommerce store selling a range of high-quality mobility aids & wheelchair accessories and has grown from a few thousand dollars in revenue to turning over $30,000 a month, with goals to become a social enterprise and increase its range of own-branded wheelchair accessories.
53. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $1,000,000/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
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
54. Start a men's underwear brand
Underwear is essential to any person’s wardrobe, and the men’s underwear industry has grown quite large.
Many companies, such as Calvin Klein, Ralph Lauren, and Hugo Boss, specialize in men’s underwear. These companies have been able to keep up with the demand of this growing industry by offering quality products at reasonable prices.
The demand for men’s underwear has risen because it offers an alternative to traditional cotton briefs. Men are increasingly realizing that they don’t want the same old thing when it comes to their underwear; they want something that feels like luxury and provides them with comfort and support.
With so many opportunities available today, it’s easy to see why more people are turning to this industry to start their businesses.
How much you can make: $800 — $25,000,000/month
How much does it cost to start: $4,000 (?)
How long does it take to build: 470 days (?)
Australian underwear brand, Stonemen, collaborates with artists globally to create beautiful images which they print on their underwear, and has grown to a 10% YoY growth business, with turnovers ranging from $40-200k per month, 22k Instagram followers and active members of a US subscription service.
55. Start a hat business
Imagine turning your passion for fashion into a tangible business. A hat business can be just that. It's a straightforward concept—you design and sell hats, whether they’re fedoras, beanies, or baseball caps.
In today’s world, where personal style speaks volumes, hats are more than mere accessories. They’re statements. Your target market ranges from everyday consumers to niche audiences like fashionistas and outdoor enthusiasts.
Running a hat business involves design, sourcing materials, and managing inventory. You'll need to find reliable suppliers and might work with manufacturers for custom designs. Marketing strategies, from social media campaigns to collaborations with influencers, will play a crucial role in driving sales.
With relatively low startup costs and the flexibility to scale up, starting a hat business offers a practical entry into the fashion industry. If you’re ready to blend creativity with entrepreneurship, this might be the path for you.
How much you can make: $2,000 — $50,000/month
How long does it take to build: 120 days (?)
How a couple traveling the world turned a vision of creating unique Panama hats into a $15k/month business selling over 150 models across five stores on three continents, and now expanding into new products and opening a local store.
56. 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 — $400,000/month
How much does it cost to start: $210 (?)
How long does it take to build: 180 days (?)
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.
57. Start a pet company
Starting a pet business requires a lot of hard work and dedication, but it's well worth it. Not only will you be able to spend more time with your pets, but you'll also be able to provide them with a better life.
There's no shortage of products or services you can offer when starting a pet business. From food to toys to grooming services—the list goes on and on!
You can offer these services at home or another location that suits you best (such as at an animal shelter). This means that not only will you be able to make money doing something you love while also helping others—but you'll also get the flexibility needed to do it all from wherever works best for both yourself and your customers (who might not always have time or transportation).
If you love animals and want to make a living from your passion, starting a pet business might be the perfect fit for you.
How much you can make: $400 — $1,833,333/month
How long does it take to build: 90 days (?)
Furry Fellas Pet Service LLC is a successful pet sitting and dog walking business that brings in over half a million dollars in sales per year, boasts 3,500-4,000 social media followers, employs 42 individuals and has been voted in the top 3 pet sitting/dog walking companies in the RI/MA area for eight years in a row.
58. Start a tourist guide business
There's no denying the profitability of a tourism business. If you know the state and cities well, starting a tour guide business can be a very lucrative idea. All you need is a license, and you can soon start working as a tour guide.
Listed are the steps on how to start a tour guide business.
- Register your tour guide name business
- Obtain necessary licenses
- Open a bank account for business transactions
- Organize your business operations
- Start to promote and get clients
How much you can make: $200 — $54,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 80 days (?)
Serial entrepreneur Nico Jacquart shares how he and his partner validated and grew a global food tour company with tours in more than 50 cities worldwide, experiencing year on year growth of 100%.
59. Start an online influencer business
An online influencer business is a company or service that gets products or services sold through popular online users. It can be a very lucrative form of marketing.
As technology has advanced, more and more influencer businesses are starting to rise. These are people or companies who become famous for being influential on various topics.
More and more companies are investing in online influencer marketing because this channel is successful for new product exposure or for sharing news about a brand through voice-overs on popular online videos. You can work with these online influencers in different ways including the use of affiliate marketing or product embeds with sponsorship.
How much you can make: $2,000 — $83,333/month
How long does it take to build: 145 days (?)
Discover how Philip Taylor built FinCon from scratch to a 3,000 attendee annual conference and achieved $1.6M in revenue in less than 10 years, by allowing customers to help build the event, fostering a sense of community, expanding offerings, pricing strategically, and surrounding himself with talented people.
60. Become a meditation coach
A meditation coach teaches and guides those who seek mental clarity through meditation. The meditation teacher typically combines breathing and concentration to deepen understanding and help the clients achieve relaxation.
Working as a meditation coach allows you to guide clients in finding new practices and techniques that may provide additional health benefits in their daily lives. In addition, meditation coaches earn a decent salary and enjoy the opportunity to define their working hours while building relationships with people from different backgrounds.
How much you can make: $3,000/month
How long does it take to build: 330 days (?)
Meditation company MindEasy offers personalized, relevant courses to help people find their way into mindfulness and meditation in a way that helps them achieve their career and personal goals, with focus on mental optimization, health and wellbeing, and spiritual approaches.
61. Become a real estate agent
Real estate agents are professionals who assist clients in marketing and selling their properties. They also assist the buyers in purchasing properties. Their services include meeting clients, advising them about market conditions, and providing guidance through the process of buying or selling properties.
A real estate career can be financially rewarding. However, the work requires good management skills, organization skills, customer service, handling complex paperwork and socially promoting yourself.
The pros of becoming a real estate agent include earning extra commission from clients and also setting your own working hours.
How much you can make: $5,000 — $1,500,000/month
How long does it take to build: 180 days (?)
Residential real estate company, Vesta Preferred, celebrates their 10th year of operation with 80% referral-based business and focus on relationship building, recently achieving their goal of 1000 new leases and $120M in real estate sales in 2019.
62. Start an auto repair business
Many people just love to tinker with, fix and repair cars. This is an all-consuming hobby for some people. They like to take things apart and figure out how things work. The process of fixing and repairing cars is almost therapeutic for them.
An auto repair business is a rewarding way to make extra money or build an entire business.
You can do it in the comforts of your own home, working around your schedule and getting paid handsomely for it. The United States automotive service market is expected to reach $75B by 2026.
How much you can make: $415,000/month
How long does it take to build: 40 days (?)
Finish Line Towing & Auto Repair is Wisconsin's largest roadside assistance provider, bringing in $5 million in annual sales through its dedication to customer service, effective dispatching, and clean service, with a goal of expanding to other markets in Wisconsin and Illinois.
63. Start a skin care product line
The skincare business is a multi-billion dollar one, and it shows no sign of slowing down. New anti-aging products are entering the market at a nearly exponential rate, and the competition for consumers' money is growing more and more.
The industry was valued at 130 billion USD in 2021 and will expand at an annual growth rate of 4.6% up to 2030. This is surely a type of business that you should not miss. You'll need to build your creativity on your products and make sure that it is all safe and useful in improving the skin of your customers.
How much you can make: $300 — $1,000,000/month
How long does it take to build: 180 days (?)
A skincare brand founder identified a gap in the market for sensitive skin and formed an all-natural, vegan-friendly, and cruelty-free range around it, scaling into a multi-million dollar company with 75% return customer rate in just two years.
64. Start a cycling gear store
The global cycling gear and wearables market is growing, as more people are opting for cycling as a form of leisure.
How much you can make: $55,000/month
Mastermind Bicycle Studio has consistently grown sales revenue at a rate of around 55% to 65% YoY since its launch in 2015, and with a strategy of constantly reinventing itself and remaining patient with consumer feedback, it plans to expand its online presence and continue expanding its retail footprint across India.
65. Start a soap business
Soap-making business is a growing industry that can be home-based or a small local business. Soap business is one of the most lucrative home-based businesses that perfect your decision to work in your free time while you earn good cash.
Starting a soap business sounds simple enough. You can buy supplies for probably less than $1,000. Popular skincare products are now being sold online, and this doesn’t seem like a challenging field to break into. Below are some success stories of the soap business that will inspire you.
How much you can make: $1,000 — $380,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 365 days (?)
Outlaw Soaps, a soap company that started with just $13.72 of supplies, now makes an average of $23,000/month, with 46% of website orders from repeat customers who are loyal to the company's unique products and top-notch customer service.
66. Start an IT support business
Do you enjoy fixing technology problems and believe that you can fix others? If your answer to this question is yes, you might be an ideal candidate for developing an IT support business.
An IT support business is the work that the computer specialists in an organization do to assist their customers and establishments. The IT support expert groups are responsible for setting up and maintaining some crucial information systems and networks.
Starting an IT support business can be challenging, but it can potentially pay off better than your 9 to 5 job. IT support business can be a lucrative way to make money, and the demand is increasing rapidly.
How much you can make: $200 — $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.
67. Become a professional cuddler
Imagine being a professional cuddler for a living. Getting paid to snuggle your clients may sound strange, but this type of service has been in high demand over the last few years.
Think of 'snugglers' as a more personal therapist. They get paid for many services: hugging their clients, listening to their problems, coaching them, comforting & reducing stress, cooking and eating meals together and more.
How much you can make: $11,300/month
Time commitment per week: Min. 5 hours/week
Professional cuddler, Sam Varnerin, developed her successful one-to-one cuddle service, Snuggle with Sam, as a result of recognising the universal human need for connection and touch, which also led to her opening Sam’s Snuggle School, a course for aspiring professional cuddlers.
68. Start an auto parts shop
If you want to start a retail business in the automobile industry, consider an auto parts business in Australia.
The auto parts business is one of the most successful businesses in the world. There are many Auto Parts Businesses in the United States, Canada, and the UK, where most are part-time.
Listed are the steps on how to start an auto parts shop business.
- Pick a location
- Do your market research
- Secure all permits and licenses
- Open a bank account for business transactions
How much you can make: $9,000 — $1,200,000/month
How long does it take to build: 365 days (?)
This case study follows an inspiring 22-year-old entrepreneur who started an eCommerce store for aftermarket vehicle accessories, making 5x the amount of money he used to make per month, and generated over $90,000 in sales last year.
69. Start a gym equipment supplier
Looking to enter the fitness industry but prefer the business-to-business route? Consider becoming a gym equipment supplier.
In simple terms, this involves sourcing and selling gym equipment to fitness centers, personal trainers, and home gym enthusiasts.
You'll handle everything from negotiating with manufacturers to managing inventory and ensuring timely deliveries. It's a sector with steady demand, as gyms frequently update their equipment and new fitness centers regularly open.
Though the initial capital and logistics might seem challenging, the long-term rewards include establishing a strong client base and potential for growth through recurring orders. For those who see the value in promoting health and wellness while running their own enterprise, this could be a worthwhile venture.
How much you can make: $150,000 — $1,200,000/month
How much does it cost to start: $2,025 (?)
How long does it take to build: 60 days (?)
Gym and Fitness is one of the largest online retailers of home gym equipment in Australia and New Zealand, servicing 450 customers a week and generating $150k/month in revenue, and founder Dave Barnes shares tips for aspiring founders.
70. Start a flip flop brand
The flip-flop business involves the design, production, and sale of open-toed sandals that are typically worn during the summer season.
As an entrepreneur in this field, your role is to oversee the creation of comfortable and casual styles that are suitable for a variety of settings, including the beach, poolside, and everyday wear.
It is important to utilize quality and durable materials to ensure that the sandals are long-lasting and meet consumer expectations.
With the world's population growing, launching a flip-flop brand is a great opportunity to tap into the surging demand for comfortable footwear, while keeping the startup costs to a minimum.
How much you can make: $40,000 — $500,000/month
How long does it take to build: 720 days (?)
Boomerangz Footwear created interchangeable thongs designed to minimize blowouts and with patented bases and straps, resulting in a successful crowdfunding campaign that raised $50,000 in 6 weeks and led to the company being stocked in over 40 stores around Australia and expanding globally.
71. Start an electronics store
An electronics store sells any electronics from smartphones to televisions, laptops, refrigerators and other home appliances. With the technological advancements in the past decade, the electronics sector is expected to grow by 5.6 percent over the next five years.
To start an electronics store, research and find the right location for your store, then register your company at the state level to get the tax ID number.
Then, research your competition, which includes online stores and the local electronics store in your area. You should examine what they sell and focus on the products you can provide at a better price than the competition.
How much you can make: $4,000 — $230,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
Founder Kyle Capel started Hand Held Legend, a DIY upgrade shop for vintage handheld consoles, which generates an average revenue of $27,000 a month and grew 30% in Q1 of 2020, offering an array of modern LCD upgrades for various consoles and serving an audience of mostly male customers aged between 13 and 45, 40% of which are international.
72. Start a content writing company
Content writing involves writing, editing, and publishing content in a digital format. Examples of content include a blog post, product description, and podcast script—eBooks, press releases, or landing page content.
Becoming a content writer allows you to work as your boss. Therefore, you choose whatever working schedule suits you and take a manageable workload. Moreover, content writing helps you develop essential skills you may not obtain from regular writing.
Content writing is a highly-on-demand service, as companies compete for the online audience who often begin their shopping journey by searching for relevant and educative content online. Therefore, a content writing company is an excellent source of passive income.
To start a content writing company in Australia, research the market and choose a suitable niche. Sketch a proper business plan and create a website. Hire a pool of talented writers and leverage modern technology to streamline operations.
How much you can make: $1,000 — $550,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 30 days (?)
CopySmiths, a content shop that specializes in writing blog articles for eCommerce stores and affiliate sites, has grown from 2 clients and 4 writers in 2020 to now over 100 clients and 40+ writers by using a business operating system inspired by the book "Work the System" by Sam Carpenter and focusing on product-market fit and referrals as their primary drivers of growth.
73. Start a healthy drink business
With emerging trends around health in the last few years, there is a large demand for healthy beverages. Starting a healthy drink business involves sourcing quality and healthy ingredients such as vitamins, minerals, protein, and others.
Consumers are hungry for good-tasting drinks that make them feel great without sacrificing taste. From smoothies to juices and kombucha beverages, there are many opportunities available in the market to easily create a profitable healthy drink business.
How much you can make: $500 — $900,000/month
How long does it take to build: 250 days (?)
A beauty and wellness brand based on Ayurveda, Auric, is making 150,000 sales per month after launching in September 2018 and is currently 95% bootstrapped, with the company focusing on social media and D2C strategies and driving traffic to its website to understand its end consumer.
74. Start a party supply store
If you love fun activities and helping other people enjoy their parties, starting a party store in your neighborhood can be a rewarding and profitable business.
Party stores sell balloons, decorations, costumes, novelties, confectionaries, theme party wear, and other party supplies.
If you are starting a party store, you may choose to join it as an affiliate or enter a franchise. A party store is a low-to-entry business venture and can be rewarding in the long run.
How much you can make: $25,000 — $500,000/month
How long does it take to build: 183 days (?)
The Party People, Australia's largest party store with a multimillion-dollar turnover, shares insights on how they've grown from a small clown hire business to an online and brick-and-mortar party supply retailer by focusing on customer service and innovating in marketing and technology.
75. Start a fashion accessories business
If you love fashion and clothing design, you may want to start a fashion accessories business. As a fashion accessories consultant, you help clients develop and adapt personal and professional styles.
Fashion accessories are decorative items that supplement one’s outfit. They include jewelry, gloves, belts, scarves, watches, sunglasses, bow ties, leggings, suspenders, and tights. To work as a professional stylist, collaborate with clients to understand their needs, and tailor styles and aesthetics to each individual’s preferences.
How much you can make: $150 — $190,000/month
How much does it cost to start: $2,800 (?)
How long does it take to build: 230 days (?)
Kashgar is a successful family business that began with a love of travel and now exclusively sells unique goods sourced from over twenty different countries online, grossing an average of $25,000 a month.
76. Start a pet sitting business
A pet sitter is a professional who provides daily care for pets while the pet owners are at work or on vacation. The pet sitter's duties include:
- Cooking special meals for pets as instructed by pet owners.
- Reporting any behavioral issues to pet owners.
- Playing with the pets to encourage their mental and physical stimulation.
One of the advantages of working as a pet sitter is that it's not a stressful career. You also get to work with different animals while enjoying a work-life balance.
How much you can make: $15,000/month
How much does it cost to start: $1,000 (?)
A technician-turned-CEO built an in-home pet care enterprise that generates $8k per month by documenting business operations and empowering employees, inspired by the successes of McDonald's founder Ray Kroc and researcher Brené Brown's work on vulnerability and empathy in the workplace.
77. Start a tutoring or education business
When students have problems with their schoolwork, they turn to tutors for help.
Being a tutor awakens your entrepreneurial skills. Being your own boss allows you to set your own schedule and be more independent. You'll create lasting relationships with students and their parents. Last but not least: you get paid well!
How much you can make: $50 — $235,000/month
How much does it cost to start: $4,000 (?)
How long does it take to build: 90 days (?)
Online makeup academy, Vizio Makeup Academy, founded in 2011 by Anastasia Andreani and her partner, has enrolled over 3,300 students and generated $2.4M in revenue this year, by offering professional makeup courses online and creating their own cosmetic line.
78. Start a beauty business
The beauty industry is growing at a rapid pace - valued at $511B in 2021, with an annual compounded growth rate of 4.75% worldwide. The beauty industry is predicted to exceed $716B by 2025.
If you are thinking of starting your own beauty business, there are many opportunities in this space to succeed. The most profitable branches in this industry include makeup, skincare, and hair products.
How much you can make: $1,500 — $658,333/month
How long does it take to build: 150 days (?)
A mother-of-two started a $5k/month skincare business after experimenting with beeswax and honey to create luxurious all-natural products, growing her business to attain over $7,500 in sales per month via multiple sales streams, including $4,000 per month at markets.
79. Start a personalized gift business
Personalized gifts are great for celebrating important dates, joyous occasions, and memorable moments. The personalized gifts include photo frames, key chains, to group gifts.
A personalized gifts business is a low-capital idea since you do not need a physical storefront or office space to start the business. Besides, you can put as much time into the business as possible, which means you can run the business as a side hustle.
Check out our guide on how to start a personalized gift business
How much you can make: $1,000 — $800,000/month
How long does it take to build: 180 days (?)
Australian Woodwork is a family-owned and managed online store that sells a wide range of Australian made woodcraft, and through a concerted mix of SEO, good marketing and content writing, excellent photography and customer service, they grew to a 20k/month business.
80. Start a tour company
Starting a tour company is a great way to bring your love of travel to life. You can share your passion with others and help make their dream vacations come true!
There are many types of tour businesses, so choosing something you are passionate about and knowledgeable about is best. Here are a few of the most popular tour companies to start in Australia:
- Food & Drink Tours
- Adventure & Sporting Tours
- Sightseeing & Historical Tours
- Shopping Tours
- and many more!
It’s also essential to determine what mode of transportation you want for your tour company, as this will determine the initial startup costs needed for your company.
To get started, find out if you need a license to operate in your state. Some states require tour companies to be licensed, while others do not. If you are required to be licensed, talk with the licensing agency to find out what steps must be taken before you can apply for that license.
How much you can make: $3,750 — $500,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 90 days (?)
How Jessica Baumgart founded a successful food tour business in Denver, which broke even and started making a profit after just three months, generating $20,000/month in revenue from offering different food tour experiences.
81. Start a dog treat business
Dog treats are a cornerstone of the dog food market. If you enjoy baking and love dogs, you can combine these passions to create healthy, natural, and tasty treats for your furry friends.
As a dog treat entrepreneur, you have the opportunity to make delicious canine confections that are both good for dogs and enjoyable to eat.
Focus on ensuring your products meet the nutritional requirements and will be safe for their consumption, and consider introducing specialty services like custom birthday cakes and holiday gift boxes to provide an inviting niche.
Leverage online and local markets to transform homemade dog treats into a thriving and rewarding enterprise.
How much you can make: $400 — $1,833,333/month
How long does it take to build: 180 days (?)
Australian dog food brand Bell & Bone has doubled its revenue each year since the launch of its Dental Stick range, which has led to the expansion of its distribution network to over 450 pet specialty stores in Australia, New Zealand, South Korea, and Hong Kong, with plans to double its store count in the next financial year.
82. Start a women's clothing line
Starting a women’s clothing brand is a great way to enter entrepreneurship. You don’t need to have millions of dollars or vast experience to start your clothing line—just the drive and determination to be your own boss.
Women’s fashion has come a long way over the last decade, and there are many growth opportunities! New trends are constantly emerging, and old ones are returning, too, so there will always be an audience for your new designs if you keep up with the times (and stay on top of them).
How much you can make: $500 — $600,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 105 days (?)
OceanZen is a successful sustainable swimwear brand that has manufactured and sold thousands of bikinis worldwide, after being launched by Steph with only $5000 in her final year at university.
83. Start a hair product line
Starting a hair product line can be a fun and profitable way to build a new income stream. It's also fairly easy, as long as you plan it out (and maybe do a little bit of market research before creating your sales funnel). There's a reason we often talk about trends in hip-hop and pop culture when we talk about hairstyles — they often have a lot to do with advancements in the hair product industry. The industry is expected to grow to 102 billion dollars by 2024.
How much you can make: $550 — $2,000,000/month
How long does it take to build: 272 days (?)
Private Label Extensions is a hair distribution and technology company that builds hair brands from A to Z for entrepreneurs, achieving over $650,000 in monthly sales and ranked #278 of the fastest-growing companies by Inc Magazine for 2018.
84. Become a business coach
Are you thinking of starting a career as a business coach?
Becoming a business coach can be a great way to help aspiring entrepreneurs while earning a healthy income. You may want to consider becoming a coach if you have skills in specialized business fields such as marketing, e-commerce, stress management, or leadership.
Many small-business owners are finding it hard to get started, grow, and succeed. As a business coach, your job will be to help entrepreneurs identify new opportunities and take advantage of the ones they already have.
How much you can make: $3,500 — $400,000/month
How much does it cost to start: $2,749 (?)
How long does it take to build: 60 days (?)
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.
85. Start a fashion accessories brand
Fashion accessories are an integral part of our wardrobes and are chosen specifically to compliment a person's outfit.
Typical fashion accessories include footwear, apparel, jewelry, wallets, handbags, hair accessories, and watches.
The global fashion accessories market is projected to grow at a CAGR of 12.3% during the forecast period (2021 - 2026).
How much you can make: $1,250 — $300,000/month
How much does it cost to start: $7,250 (?)
How long does it take to build: 120 days (?)
Australian-based fashion accessories label Mahiya sees an average of $75,000 in sales each month through its website, showroom, and boutique wholesaler customers, after husband-and-wife team Ryan and Alex Hutchinson invested AUD20,000 ($13,462) and started working from their bedroom in 2013.
86. Start a niche blog
Starting a niche blog can be a great way to engage with a passionate online community by sharing your expertise on a specific topic.
The first step is to identify a profitable and underserved niche, such as fashion, video games, film reviews, cooking, and more.
Find your niche and create unique and informative content, such as articles, commentary, news, how-to guides, top product lists, convention coverage, video interviews, and spotlights.
To monetize your blog, gain visibility and followers, provide affiliate links, grow a YouTube channel, collaborate with relevant brands, and speak at events.
To succeed in niche blogging, you need to have a passion for your topic, create engaging content, and regularly engage with your followers.
How much you can make: $100 — $650,000/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
Sireesha Narumanchi shares how she turned her passion for flexible, remote work into a successful blog generating five figures a month by focusing on affiliate marketing, email marketing and SEO.
87. Start a clothing line
There are millions of fashion and clothing brands around the world.
From small, niche brands run out of people's apartments to huge brands like Nike & Uniqlo, starting a clothing brand is a great business that requires minimal costs to get started.
How much you can make: $1,000 — $25,000,000/month
How much does it cost to start: $2,434 (?)
How long does it take to build: 165 days (?)
Founder Kyle Bergman turned a personal problem into a viral apparel brand, generating over $300k in sales within 18 months through Amazon and his own website, and raising $108k through a Kickstarter and Indiegogo campaign.
88. Start a travel consulting business
Many people dream of traveling the world. Starting a travel consulting business is an excellent way to make a passive income, explore different parts of the world, and help others do the same.
As a travel consultant, you will provide advice to clients on various aspects of travel, including destinations, airfare, accommodations, and activities.
The objective is to assist tourists and travelers in planning personalized vacations, offer travel advice, and provide end-to-end travel arrangements for a fee.
By making use of industry knowledge and relationships with hotels, airlines, and destination experts, travel consultants can save their clients time and effort in designing their dream trips.
How much you can make: $20,000 — $1,500,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 90 days (?)
Rayna Tours and Travels, founded by Kamlesh Ramchandani and Manoj Tulsani, began its journey as a small travel counter inside a Dubai hotel, and has now grown into one of the UAE’s leading destination management companies with earnings exceeding $40 million per year.
89. Create a social media scheduling tool
A social media scheduling tool is an online app that allows you to schedule your social media posts in advance, before publishing them on your social media channels.
Virtually all businesses use social media - this is a great market to build a startup in.
How much you can make: $1,500 — $333,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 20 days (?)
Pallyy, a social media scheduling platform built for social media agencies and managers, achieved almost 100% growth in the last three months, from $1300 MRR to $2450 MRR, after founder Tim Bennetto shifted focus to a particular niche of users and built new features, although he admitted to naming and branding mistakes.
90. Start a SEO agency
An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in search engines through organic or paid means.
SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these earnings grow dramatically over the next few years. Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with an excellent chance for success.
It’s easier than ever to start your SEO agency in Australia. The tools are there, and the competition isn’t as stiff as it used to be. If you’re considering starting an SEO or digital marketing agency, it might be a good idea to learn how other digital agencies succeed.
How much you can make: $1,000 — $1,800,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Nathan Elly, founder of Digital Next Australia, shares how he started a search marketing agency that now turns over approximately $2 million per year through organic growth, cold calling and effective partnerships.
91. Start a hot sauce business
Hot sauce is one of the most popular condiments in the world, and it's easy to see why: it's versatile, delicious, and can add some serious flavor to almost anything you put it on—and not just for people who like spicy foods! Hot sauce can be used to create complex flavors that are perfect for anyone looking for a little extra pep in their step.
So, if you love hot sauce and you also love money, it turns out, you can start and run a hot sauce business! You can make it yourself or you can buy it in stores and resell it to earn some good profit.
If you are planning to make the hot sauce yourself you’ll need some initial capital to purchase ingredients and equipment for making the hot sauce, as well as packaging materials such as bottles and labels.
The average hot sauce lover will try and consume about 2-3 unique hot sauces in a week, which means there's a lot of money to be made in this industry!
How much you can make: $2,250 — $200,000/month
How long does it take to build: 190 days (?)
Trini Pepper Sauce co-founder and co-owner, Mustafa Mannan, shares how he successfully imported and manufactured his family's unique pepper sauce recipe and launched it through a Kickstarter campaign, now selling an average of $3,000/month in revenue.
92. Become a personal chef
If you’re looking for a career that allows you to work within your own schedule, look no further. Becoming a personal chef means setting your own hours, planning your own schedule, and taking on as much or as little work as you want.
Not everyone has the time to prepare meals for themselves. If you love cooking, you can start a personal chef business in your area and earn a good income from the side gig. The side hustle can fit into your schedule easily, and you can offer delivery and pick-up or curbside options to ensure more people are buying your services.
Personal chefs can work at various locations, including their client’s homes or restaurant kitchens. They may have regular clients who call on them to prepare meals for them weekly, or they may get called in to prepare meals for special occasions such as birthdays, anniversaries, and holidays.
How much you can make: $5,000/month
How much does it cost to start: $50 (?)
How long does it take to build: 360 days (?)
Time commitment per week: Min. 15 hours/week
Chef David Buchanan generates over $6,000 per month through his website Chefs-Resources.com, which provides professional chefs with free and paid access to detailed culinary information and kitchen management resources such as Excel sheets, resulting in gross revenue of $46,000 to date and a subscriber growth rate of over 1300% from 2015 to September 2021.
93. 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: $700 (?)
How long does it take to build: 60 days (?)
Discover how EMUCoupon achieved a 16% annual growth rate by targeting the untapped Australian market for online discounts, growing to a team of 21, and now attracting 20% of their traffic internationally—a must-read for aspiring founders keen on market gaps and global expansion.
94. Start a data analytics blog
The rise of data-driven decision-making, the growth of the internet, and the increasing popularity of blogs are all trends that are making this business more popular. Data analytics is becoming increasingly important for businesses as they look for ways to make better decisions. The internet has made it easier for people to share information, and blogs are a great way to reach a wide audience.
A data analytics blog is a great way to share your knowledge and insights on data analytics with the world. This type of blog can be used to educate people on the latest trends in data analytics, share tips and tricks, or build brand awareness.
Some personal qualities that are important for this kind of business include being knowledgeable about data analytics, being able to write well, and engaging with your audience. It's also important to be able to keep up with the latest trends in data analytics so that you can provide your readers with the most up-to-date information.
Towards Data Science is one of the most popular blogs that publish a range of data analytics concepts, ideas, and code. According to Growjo, Towards Data Science's estimated annual revenue is currently $90.3M per year.
Starting a data analytics blog can provide you with a steady income stream and help you build a reputation as an expert in the field. Data analytics blogs can also be a great way to connect with other data analysts and learn about new trends and developments in the field.
How much you can make: $20 — $1,500,000/month
How long does it take to build: 90 days (?)
TapResearch generates roughly $1.5M in revenue per month through their Sample and Insights platforms, which allow market researchers to access survey respondents they need and make fast and easy decisions through a highly scalable respondent network that delivers surveys to hundreds of millions of people.
95. Start a planner brand
Looking for a niche that blends creativity with organization? Consider launching a planner brand. This business idea centers on designing and selling customizable planners that help people manage their schedules and goals.
Your venture would begin by developing a unique planner concept, sourcing materials, and selecting printing options. Once your designs are ready, you'll need to identify your target market—be it students, professionals, or fitness enthusiasts.
The beauty of starting a planner brand lies in the growing demand for personalized planning tools. You can diversify by offering digital versions, stickers, and related accessories.
While it demands an eye for design and a knack for marketing, the return is the satisfaction of filling a market need with products that help people organize their lives more effectively.
How much you can make: $1,000 — $50,000/month
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.
96. Start a digital agency
A digital agency’s task is to make a business reach its advertising, marketing, or technology-related goals. Anyone with enough knowledge and passion for digital marketing can start and run a profitable digital marketing agency. With the proper skill set, the right tools, and the right mindset, you can start a successful digital agency.
The global digital agency market reached a value of nearly $305B in 2020. The future growth prospects of the digital agency market are projected to be high due to the rising population of people consuming and creating content through digital channels.
How much you can make: $100 — $3,699,632/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 60 days (?)
Janet Camilleri, the founder of Front Page SEO, turned her love for writing and passion for the web into a boutique digital marketing agency specialising in SEO, which has seen tripled turnover and doubled profits in the past year and launched a DIY SEO HQ membership program to guide small business owners.
97. Start a fitness SaaS
Have you ever wondered what software gyms use to keep track of everything? Over 32,000 health clubs in the U.S. need software and tools to run their business!
How much you can make: $7,000 — $60,000/month
How long does it take to build: 90 days (?)
Aimee Tawhai founded ALTR, an online SaaS tool for gym owners and coaches, that is currently averaging $7-8k USD/month and is being used in 26 different countries, saving HOURS of admin time and the use of mind-numbing spreadsheets.
98. Start a fashion business
In 2022, the fashion industry was valued at $473.42B, with a growth rate of 8.3% over last year. To become successful in this highly competitive & ever-growing industry, you must have passion, perseverance, and the ability to take risks.
With platforms like TikTok and Instagram, the way that fashion products are marketed online has completely changed, so it’s essential to keep up with these trends.
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 (?)
Height-Of-Fashion, an online clothing store for women 5'10" and over, saw double profit, products, and customers YoY, with a notable 43% retention rate, as the founder shares how Instagram, PR, and sports influencers are preferable to acquisition channels like Facebook for a niche market.
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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.