26 Business Ideas For Electricians [2024]
Interested in starting a business as an electrician in 2024?
If managed well, building a business as an electrician could be more lucrative than employment. So, which are the best business ideas for Electricians?
We put together 26 of some of the best electrician business ideas you can start in today.
For each business idea, we'll show you real-world examples of other electrician businesses to help you see what it takes.
Here's the full list:
1. Start a real estate business ($281K/month)
Starting a real estate business could be a natural fit for you as an electrician, leveraging your deep understanding of building infrastructures and systems. Your expertise with electrical layouts, safety standards, and efficiency can add immense value when assessing properties, advising clients, or even conducting renovations to boost property value.
On weekends or after hours, you could manage residential properties, flip houses, or work as a consultant to real estate investors who value your technical knowledge. By integrating your electrical skills, you could stand out in the competitive real estate market, offering clients unique insights that average real estate agents might not provide.
How much you can make: $1,500 — $1,500,000/month
How long does it take to build: 180 days (?)
This case study is about T. C. Lewis & Co, a real estate investment and management firm that successfully diversified their approach to include sales, development, remodeling, and construction, with property management being the key to investor doors and organic growth.
2. Start a cleaning business ($175K/month)
For electricians looking to diversify their income, starting a cleaning business could be a highly practical and flexible option. Given your experience with tools, equipment, and attention to detail, transitioning into cleaning services might be more seamless than you think. This business requires minimal upfront investment and can be managed around your existing electrician jobs, allowing you to supplement your income without significant disruption.
The business can be tailored to your schedule, offering services during the weekends or evenings when electrical work may be slower. Additionally, your existing client base from electrical jobs could be a potential market for cleaning services, especially for those looking for a reliable and trustworthy professional. Investing in some high-quality cleaning equipment and eco-friendly supplies could set you apart and provide a stable stream of extra revenue.
Starting small, you could gradually expand your service offerings and client base, eventually turning this side business into a full-fledged venture if desired. The skills and knowledge you already possess as an electrician can give you a competitive edge in marketing a detail-oriented and reliable cleaning service.
How much you can make: $2,000 — $708,333/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
MaidThis®, launched by Neel Parekh in Los Angeles with just one cleaner in 2013, has achieved over $10 million in total revenue by focusing on cleaning Airbnbs and vacation rentals, thanks to its successful remote business model and new-age marketing tactics, and has now launched MaidThis Franchise to expand the business further.
3. Start a tech support business ($139K/month)
As an electrician, you could leverage your existing technical skills and customer service experience to start a tech support business. Given your background, you already possess problem-solving abilities and a strong understanding of technical systems, which are essential for diagnosing and resolving IT issues effectively. This business could offer services such as software troubleshooting, hardware repairs, and network setup assistance to both individuals and companies.
With the growing reliance on technology in everyday life and businesses, there is a high demand for reliable tech support services. Your ability to listen actively and provide clear, patient support can help you build a loyal client base. By staying up-to-date with the latest technological advancements, you could position yourself as a trusted tech expert, supplementing your income or even establishing a full-fledged tech support business alongside or in place of your current electrician work.
How much you can make: $150 — $1,500,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 90 days (?)
A passionate computer-coder entrepreneur shares the story behind his successful PDFShift business which after a year and a half generates $3.2k of monthly revenues with the focus now on growth.
4. Start a recruiting agency ($109K/month)
Starting a recruiting agency could be an excellent way for you as an electrician to supplement your income or even launch a new business venture. With your industry knowledge and network, you could specialize in efficiently matching skilled electricians and other tradespeople with employers in need. The global online recruitment market is sizable and growing, projected to reach $43 billion by 2027, highlighting the potential for significant profitability.
You could leverage your hands-on experience and insights into what companies look for in skilled tradespeople to stand out in the recruiting space. By drawing on your professional network and industry reputation, you could quickly establish credibility and attract your first clients. Over time, as you gain more clients and positive testimonials, you could expand your agency and possibly even make it your primary business.
How much you can make: $100 — $320,000/month
How long does it take to build: 90 days (?)
DistantJob is a unique recruitment agency that specializes in finding full-time remote employees, and with $3 million in annual revenue, they offer small to medium-sized tech companies an edge over big competitors who are not willing to hire remotely.
5. Start an outdoor sports store ($31.4K/month)
Starting an outdoor sports store could be an excellent way for you as an electrician to supplement your income or even transition into a full-time business. Leveraging your technical expertise, you could specialize in high-quality gear and equipment for activities like hiking, camping, and kayaking. With the potential to run this business online or as a brick-and-mortar shop in a location frequented by outdoor enthusiasts, you can reach a broad audience and tap into a lucrative market.
In addition to retailing, you could offer expert advice and host workshops or demo days to engage the community, fostering customer loyalty and driving sales. Developing relationships with suppliers and understanding seasonal product trends will also be crucial for success. This entrepreneurial path can not only be profitable but also provide a rewarding work-life balance for someone passionate about the outdoors.
How much you can make: $1,985 — $125,000/month
How long does it take to build: 60 days (?)
Australian woman launches affordable activewear store with only $150 and now sees over $1.5 million a year in revenue, using Shopify as the sales platform and Facebook and Instagram campaigns as the best source of advertising.
6. Start a custom app development service ($193K/month)
Starting a custom app development service could be a lucrative addition to your electrical business. Imagine offering tailored mobile and web applications for businesses that need specialized solutions beyond off-the-shelf software. This could position you as a go-to resource for companies looking to streamline their operations through innovative digital tools.
For an entrepreneurial-minded electrician, this venture allows you to use your problem-solving skills in a new domain. You could work closely with clients to understand their unique needs, translate those requirements into functional apps, and support them through the digital transformation process.
With a strong technical aptitude and a knack for continuous learning, you could effectively bridge the gap between electrical know-how and cutting-edge technology. Although it's not an easy road, the satisfaction of creating unique solutions that solve real-world problems can be immensely rewarding.
How much you can make: $10,000 — $700,000/month
How long does it take to build: 80 days (?)
How a self-taught engineer built a software development studio, Materialize, into a 18-person team with a revenue of $125k per month, by leveraging his technical expertise and establishing well-defined processes to build products efficiently and cost-effectively.
7. Start a logo designing business ($45K/month)
As an electrician, you could leverage your keen eye for detail and precision by starting a logo designing business to supplement your income. Creative logo design is crucial for brand recognition, and many startup owners prioritize having a standout logo to define their professional image.
If you possess excellent art and design skills, this side business can be particularly rewarding. You could either design the logos yourself or outsource the service, allowing you to provide a valuable service to fellow entrepreneurs while enhancing your creative portfolio.
How much you can make: $1,000 — $275,000/month
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Content writing company 411Writers started with $13.99 and now generates over $50,000 revenue per month, providing clients with unique website content for both search engines and human readers.
8. Start a personal finance newsletter ($3.04M/month)
As an electrician, you could leverage your practical mindset and financial insights to start a personal finance newsletter. Many tradespeople and regular workers are keen to learn effective ways to manage their earnings but may not know where to start. By creating a newsletter that offers practical advice on budgeting, saving, and investing specifically for those in hands-on professions, you can fill a niche market.
The demand for financial literacy is growing, and you could tap into this by providing actionable tips that resonate with your community. Setting up a subscriber base takes effort, but the dedication can yield a steady stream of supplemental income while helping others achieve financial freedom. This way, you expand your impact beyond just electrical work to becoming a trusted financial resource.
How much you can make: $160 — $25,000,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 30 days (?)
Financial media company MarketBeat, founded by Matt Paulson, provides objective financial information and real-time market data to empower individual stock investors to make better trading decisions, generating approximately $8 million in revenue in 2019 and ending the year with over 1.3 million unique email subscribers due to a freemium model with 75% of revenue from advertising and 25% from subscriptions.
9. Start an apparel boutique
As an electrician, you could explore the entrepreneurial path by opening an apparel boutique, a low-investment yet potentially highly profitable venture. Leveraging your hands-on skills and attention to detail, you could curate a unique collection of fashionable clothing and accessories that cater to distinctive tastes. This side business would allow you to tap into your creative side and diversify your income streams.
With the financial stability and steady income from your electrical work, you could comfortably invest in and grow your boutique without immediate financial pressure. Moreover, your customer-oriented mindset, honed through years of client interactions, would serve you well in building a loyal customer base for your boutique. This venture could eventually grow from a side hustle into a full-fledged business, offering you both personal satisfaction and financial rewards.
How much you can make: $3,000/month
How much does it cost to start: $9,500 (?)
How long does it take to build: 180 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.
10. Start a laundry app
As an electrician, you could leverage your technical skills to start a laundry app that simplifies the laundry process for busy individuals. This business idea focuses on developing a mobile application that connects users with professional laundry services, allowing them to schedule pickups, choose specific services like wash, dry, or fold, and track their orders until delivery. By facilitating seamless interactions between users and local laundromats, you create a win-win scenario that addresses a universal problem.
Venturing into the laundry app business aligns with the growing demand for convenience, and with your background, you could add a layer of reliability and efficiency to the service. Initial investments in app development, marketing, and forging partnerships with laundry providers would be necessary. However, with dedication and strategic planning, there’s potential to scale the business by incorporating additional services such as dry cleaning and tailoring, further enhancing the value proposition for users.
How much you can make: $120,000/month
How long does it take to build: 300 days (?)
"Washmart, one of India's fastest-growing laundry franchise chains, shares their case study on how they generated INR 20 lakhs in revenue from two stores in 2021, expanded to 25 stores within six months, and now operate 85+ stores in 21 states and 45 cities across India, with monthly income streams of approximately 60 lakhs from royalties and an additional 35 lakhs from laundry-related essentials."
11. Start a retail technology company
As an electrician, you could venture into starting a retail technology company and supplement your income by leveraging your technical skills and knowledge. By developing innovative solutions such as software to optimize inventory management or AI-driven customer service tools, you could revolutionize the retail industry and enhance customer experiences. This opportunity taps into your expertise in wiring and electrical systems, allowing you to create cutting-edge technologies that streamline operations for retailers.
Imagine integrating smart store technologies that optimize energy usage, ensure safety, and improve overall efficiency. Your background as an electrician gives you a unique advantage to understand and solve the technical challenges retailers face. Becoming part of an industry that is constantly evolving towards smarter, more agile environments can be both financially and intellectually rewarding for an entrepreneurial-minded electrician.
How much you can make: $7,200,000/month
365 Retail Markets, founded by Joe Hessling, started with one MicroMarket and turned it into a global industry leader with 29,000 locations worldwide, generating revenue of $72 million in 2019 by offering grab-n-go convenience through self-checkout kiosks and healthy snacks.
12. Become a freelance editor ($669K/month)
Starting a freelance editing business could be a great supplemental income source for an entrepreneurial-minded electrician. If you're passionate about language, grammar, and literature, you could leverage these skills to review and improve various written materials, such as reports, resumes, or even novels, in your spare time. This side business provides flexibility, allowing you to work from anywhere and schedule around your primary job as an electrician.
You don’t necessarily need a background in writing or editing to start; strong communication and editing skills, along with a keen eye for detail, are crucial. By establishing a robust online presence and marketing your services through networking or paid advertising, you could attract a steady stream of clients. This business not only supplements your income but also offers a rewarding way to help others while utilizing a different set of skills.
How much you can make: $2,000 — $2,000,000/month
How long does it take to build: 257 days (?)
Reedsy, a book publishing services marketplace that connects authors with freelancers, has driven over $1m in GMV, features over 1,500 vetted freelance professionals, and sees over 1,000 projects every month.
13. Become a digital content creator ($10.8K/month)
Becoming a digital content creator could be an excellent way for electricians to supplement their income or even start a new side business. You could share your extensive knowledge through YouTube tutorials on electrical repairs, TikTok hacks for quick fixes, or Instagram posts showcasing your projects. This allows you to leverage your existing skills while reaching a broad audience.
The demand for reliable and informative content is high, and as an electrician, you bring authenticity and expertise to the table, which can quickly build trust with your audience. By consistently producing valuable content, you could attract sponsorships, engage in affiliate marketing, and create multiple revenue streams through various platforms. The potential for growth is substantial, turning your passion for electrical work into a profitable digital venture.
How much you can make: $200 — $45,000/month
How much does it cost to start: $650 (?)
How long does it take to build: 30 days (?)
Noah Labhart's podcast, Code Story, has been downloaded over 80k times and generates an average of $1k a month in revenue through several ad deals with top tech executives and companies.
14. Start a relationship advisory business
If you've got a knack for offering sage advice and strengthening connections, starting a relationship advisory business could be a fitting venture to supplement your income as an electrician. This side business allows you to help individuals and couples navigate their relationships more effectively, offering tailored advice and practical strategies for issues like communication struggles and conflict resolution.
With strong listening skills, empathy, and a genuine interest in helping people, you could provide one-on-one counseling, host workshops, or even develop online courses. This diverse set of services can create multiple streams of income, allowing you to make a meaningful impact while balancing your primary profession. If you're passionate about relationships and committed to continuous learning, this could be an ideal and rewarding entrepreneurial pursuit.
How much you can make: $30,000/month
How long does it take to build: 45 days (?)
This case study follows Pat Stedman, founder of The Dynamic Man, LLC, and his journey to building a successful dating and relationship coaching business that now earns around $25,000 - $35,000 per month through coaching services and passive income products like his 19-hour video masterclass.
15. Start a jewelry product ($167K/month)
As an electrician, you could channel your precision and attention to detail into creating handcrafted jewelry. The dexterity and fine motor skills honed through your work can translate seamlessly into the careful design and construction of custom or unique pieces. This side business would allow you to express your artistic abilities while tapping into a lucrative market that values individuality and craftsmanship.
To start, you would need a basic set of tools for crafting your jewelry, a good eye for design, and a reliable supplier for materials like gemstones, metals, and beads. Utilizing online platforms like Etsy or your own ecommerce site, you could reach a broad audience without the need for a physical store. By effectively marketing your creations through social media channels like Instagram, and offering limited-edition or personalized pieces, you could build a loyal customer base and supplement your income with a profitable creative venture.
How much you can make: $5,000 — $415,000/month
How long does it take to build: 200 days (?)
Taylor & Hart CEO Nikolay Piriankov tells the story of the company's journey from a diamond trading business to an award-winning, disruptive e-tailer of custom-designed, ethical engagement rings and fine jewelry, offering a bespoke design service through specifically developed technology online and instore, and growing to £4-6M in annual revenue.
16. Develop an online survey tool ($304K/month)
As an electrician, you could leverage your industry knowledge and network to create a focused online survey tool that caters specifically to the needs of electrical services companies. Such a tool could help these businesses gather valuable customer feedback, streamline their service processes, and identify new opportunities for growth. Your hands-on experience would give you unique insights into what questions to ask and what data would be most beneficial for your clients, setting your survey tool apart from more general offerings.
Additionally, starting an online survey business allows you to generate a recurring income stream without the physical demands of electrical work. Platforms like Typeform have shown there’s significant demand in this market, and with annual recurring revenue numbers surpassing $70 million, the potential for growth is substantial. If you’re entrepreneurial and looking to diversify your income, developing a niche online survey tool could be a rewarding venture.
How much you can make: $40 — $1,600,000/month
How long does it take to build: 180 days (?)
GreenRope, a self-funded CRM and marketing automation platform with over 1,000 customers in 20 countries, was built organically and focused on creating a positive, customer-centric culture without outside investment, with an all-in-one interface solving challenges in managing sales, marketing, customer service, and operations.
17. Start a SEO services ($87.4K/month)
As an electrician, you could supplement your income by starting an SEO services business, leveraging your technical prowess and problem-solving skills. Many small businesses need help improving their online presence, and your hands-on experience with complex systems can be an asset in understanding and implementing effective SEO strategies. By optimizing website content, building quality backlinks, and conducting keyword research, you could help businesses rank higher on search engines like Google, increasing their visibility to potential customers.
This side business requires minimal upfront investment—just a computer, an internet connection, and some foundational SEO knowledge—making it a low-cost venture that complements your main career. You could target local businesses and trades, leveraging your existing network and industry understanding to offer tailored SEO solutions. With this approach, you could steadily grow a profitable side business or even transition into a full-time endeavor if you choose.
How much you can make: $3,000 — $800,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
This case study describes the journey of Russell Michelson who, after leaving his corporate job, turned his WordPress skills into a thriving boutique SEO agency earning $20k/month, thanks to client referrals and Upwork.
18. Start an academy consulting business
As an electrician, you could supplement your income and leverage your deep knowledge of the field by starting an academy consulting business. Your expertise could be invaluable to educational institutions that need specialized advice on setting up electrical courses or training programs. By helping schools develop robust curriculums and providing hands-on teacher training, you could play a crucial role in preparing the next generation of electricians.
The market for educational consulting is diverse and offers a rewarding way to impact future professionals while building a sustainable business. This venture requires some upfront work, such as researching educational trends and networking with institutions, but the potential rewards include not just financial gain, but the satisfaction of enhancing educational outcomes. With your commitment and industry know-how, you could help academies optimize their electrical training programs and reach their full potential.
19. Start a cargo tracking business
As an electrician, you could leverage your technical expertise to start a profitable cargo tracking business. Cargo theft is a major concern in the logistics industry, and your skills in wiring and systems installation can be crucial in setting up effective tracking solutions. By installing advanced tracking devices and systems that monitor the movement of goods and vehicles from origin to destination, you could help manufacturers and supply chain stakeholders ensure the safety and security of their shipments.
With cargo tracking technology becoming increasingly in demand due to the rise in cargo shipping services, there is a tremendous market opportunity. This side business not only allows you to supplement your income but also applies your electrical skills in a new and expanding field. By venturing into cargo tracking, you could create a business that addresses a significant industry need while further diversifying your professional portfolio.
How much you can make: $6,000/month
How much does it cost to start: $1,000 (?)
Deepfinity, a proptech/logistics company, has developed an internal parcel tracking software tool that's helping large buildings cope with the influx of online shopping, and has been growing 20% MoM since making its first revenue 1.5 years ago, currently making $6K/Month.
20. Sell used appliances
As an electrician, you could leverage your technical expertise to venture into the flourishing second-hand appliances market, which is anticipated to grow at a Y-O-Y rate of 7.45%. Given your deep understanding of electrical systems, you could effectively assess, repair, and refurbish used appliances, ensuring they meet safety and efficiency standards. This would give you a unique advantage in delivering quality products to cost-conscious consumers, particularly in growing middle-income areas.
Starting a used appliances business could offer a lucrative revenue stream, either as a side hustle or a full-time endeavor. By targeting areas with a rising population, you could capitalize on the increasing demand for affordable yet reliable appliances. Purchasing used appliances from various sources such as estate sales, auctions, and online marketplaces, and then refurbishing them, could enhance customer trust and justify higher selling prices.
21. Start a moving company software
As an entrepreneurial electrician, you could leverage your technical expertise to create a moving company software, simplifying logistics for moving companies. With your problem-solving skills, you could develop features that better manage scheduling, routing, inventory, and customer communication, solving common pain points for movers.
Additionally, your understanding of electrical systems could help incorporate energy-efficient solutions, such as electric vehicle routing or optimized power usage in warehouses, giving your software an innovative edge. By creating and marketing this software, you not only diversify your income streams but also tap into a growing industry demand, potentially transforming it into a lucrative full-time business.
22. Start a navigation bots business
As an electrician, you could leverage your technical expertise to start a navigation bots business, offering innovative solutions for various industries. Your understanding of electrical systems and proficiency in installation and maintenance will be critical in designing and deploying these autonomous machines.
By integrating GPS technology, sensors, and control systems, you could create bots that assist in warehouses, large retail spaces, or even outdoor venues, enhancing operational efficiency. This venture not only allows you to supplement your income but also positions you at the forefront of an exciting technological advancement, providing a lucrative side gig or even the foundation for a full-fledged business.
23. Start a web design business ($507K/month)
As an electrician with an entrepreneurial mindset, starting a web design business could be a great way to diversify your income. Given your problem-solving skills and attention to detail, web design can be a natural fit. You could leverage your existing network in the trades industry to find clients who need well-designed websites for their own businesses.
Launching a web design business doesn't mean you have to quit your day job immediately; you could start it as a side hustle. The flexible nature of web design work allows you to balance projects with your current career until you decide whether to make it a full-time endeavor. Setting up a professional website, building a portfolio, and promoting your services on platforms like Reddit and LinkedIn are key steps to attracting your target customers and growing your business.
How much you can make: $2,350 — $8,500,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Co-founder of Madwire JB Kellogg grew his business from just the two of them in a tiny office to over 500 employees and $100 million in annual revenue in under 10 years, by focusing on exceptional customer service and a multi-channel inbound strategy.
24. Start a scholarship consulting business
As an electrician, starting a scholarship consulting business offers a unique way to supplement your income and leverage your organizational skills. You could provide valuable guidance to students and families overwhelmed by the intricate process of finding, applying for, and securing scholarships. This venture goes beyond merely offering a list of potential scholarships; it involves personalized consultation, assessing a student’s strengths, crafting compelling applications, and managing important deadlines.
Given the soaring costs of higher education and the increasing demand for funding expertise, your services could make a significant impact. By helping students ease their financial burdens and achieve their academic dreams, you could build a profitable side business that's both fulfilling and rewarding. If you have a knack for detail and a passion for education, this entrepreneurial path could open new avenues for you.
How much you can make: $500,000/month
ScholarshipOwl helps students find scholarships faster and easier, generating an impressive $500K in revenue monthly and $6M per year since its launch in 2015 by founder David Tabachnikov, who leveraged email marketing and social media to drive growth.
25. Start a kickbike business
As an electrician, you could leverage your technical skills to start a kickbike business, which offers a unique blend of physical activity and eco-friendly transportation options. You might explore electric kickbikes, combining your expertise in electrical systems with the growing demand for green mobility solutions. This niche market allows you to apply your knowledge in wiring, battery management, and system integration, making it a practical and innovative side business.
Moreover, you could position yourself as a provider of maintenance and repair services for electric kickbikes, tapping into a steady stream of work as these devices become more popular. By offering professional installation and troubleshooting services, you could build a loyal customer base, leading to potentially lucrative opportunities beyond your regular electrical work. This venture not only diversifies your income but also allows you to stay ahead in a rapidly evolving field.
26. Start a kayak rental business
If you happen to live near a lake or a water body, you could consider starting a kayak rental business to supplement your income. This is a low-expense venture that can be easy to operate with minimal in-person involvement, especially if you decide to run it by appointment only.
As an electrician, your entrepreneurial mindset can help you manage the operational aspects efficiently, allowing you to keep your primary job while earning extra money. This side business could offer a relaxing contrast to the high-energy demands of your electrical work, making it a perfect opportunity to diversify your income streams without too much additional stress.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.