27 Business Ideas For Finance Managers [2024]

Interested in starting a business as a finance manager in 2024?

If managed well, building a business as a finance manager could be more lucrative than employment. So, which are the best business ideas for Finance managers?

We put together 27 of some of the best finance manager business ideas you can start in today.

For each business idea, we'll show you real-world examples of other finance manager businesses to help you see what it takes.

Here's the full list:

1. Start a payment app ($716K/month)

As a finance manager, you could leverage your expertise in managing financial transactions and compliance to develop a payment app. Since payment apps let users accept payments from anywhere using mobile devices, this venture would align well with your understanding of financial flows and profitability.

Starting a payment app is an excellent choice for making passive income, as it requires minimal initial investment but offers substantial revenue potential. With the burgeoning popularity of payment apps, you could tap into a growing market, offering convenience and efficiency for businesses and professionals requiring occasional or irregular payment processing.

Given your background in finance, you would be well-positioned to design a secure, user-friendly platform that meets regulatory standards, making it an attractive option for businesses seeking reliable payment solutions. This entrepreneurial endeavor could diversify your income sources, capitalizing on your existing skills while contributing to a high-demand industry.

2. Start a cryptocurrency business ($60.7K/month)

As a Finance Manager, venturing into the cryptocurrency business could be a strategic move to supplement your income and tap into the burgeoning digital economy. Engaging with digital currencies like Bitcoin and Ethereum, you could offer crypto trading services, mining operations, or even develop blockchain-based applications, leveraging your financial expertise to navigate this innovative space.

The cryptocurrency industry blends finance and technology, providing you with the opportunity to create secure, transparent financial solutions. There's significant potential for innovation, whether it's through launching your own token or establishing a crypto exchange platform. This evolving field presents a unique chance to pioneer and carve out a niche, placing you at the forefront of a financial revolution.

3. Start a sales automation platform ($171K/month)

As a Finance Manager, you could leverage your analytical skills and deep understanding of business metrics to develop a sales automation platform, addressing the needs of overburdened sales teams. By creating a software solution that automates repetitive sales tasks, from lead generation to follow-ups, you could enable businesses to enhance efficiency and minimize errors.

Such a platform could thrive in today’s fast-paced business environment, where the demand for digital transformation and operational efficiency is ever-increasing. Your unique insight into financial metrics would help you design a tool that not only streamlines sales processes but also offers valuable analytics, making it a highly viable and potentially lucrative venture.

4. Start a technology consulting business ($144K/month)

As a Finance manager, you could leverage your analytical skills and business acumen to start a technology consulting business. Technology is critical to driving corporate strategy and ensuring its success, and many startup owners lack the IT background needed to stay current with technology trends. By offering your expertise, you could help businesses harness technology to solve critical enterprise challenges and drive innovation and growth.

Your strong understanding of financial management, combined with any IT skills and experience you may have, positions you well to bridge the gap between financial strategy and technological implementation. This could be particularly profitable, as organizations are continually seeking ways to improve efficiency and competitive advantage through technology.

By venturing into technology consulting, you could not only supplement your income but also establish a fulfilling side business that aligns with your financial expertise and entrepreneurial mindset.

5. Start an email marketing tool ($249K/month)

As a finance manager, leveraging your analytical skills to start an email marketing tool business could open many entrepreneurial doors. You could create a service that helps businesses, including financial services firms, optimize their email campaigns for lead generation and sales growth. Given the booming email marketing industry and its projected market size of $2.53 billion by 2028, there is substantial growth potential.

Additionally, your financial expertise enables you to offer data-driven insights and strategies to optimize the ROI of email marketing campaigns, making your tool especially valuable. Starting this side business is relatively straightforward, requiring just a domain and hosting account initially. With your background, you could tap into various markets, offering tailored solutions for diverse industries, including real estate and startups.

6. Start an online marketing business ($77.1K/month)

Starting an Online Marketing Business

If you have a knack for promoting brands online, starting an online marketing business could be an ideal venture. As a Finance manager, you could leverage this opportunity to supplement your income by helping companies enhance their online presence through digital channels like social media, search engines, and email.

To embark on this journey, you'd need skills in SEO, content creation, and analytics. Begin by creating a website showcasing your services, and start networking to find clients, perhaps focusing on small businesses eager to expand their reach. Imagine guiding a company to the top of search results or creating a viral social media campaign; the tangible results of your strategies could drive your clients' success and your business’s growth.

7. Create a social media scheduling tool ($119K/month)

As a Finance manager, you could leverage your analytical skills to create a social media scheduling tool, an online app that allows users to schedule posts in advance across various social media platforms. Given that virtually all businesses use social media to maintain their online presence, this space offers vast market potential for a niche, easy-to-use scheduling tool. Data analysis and budgeting expertise will be invaluable in optimizing the tool’s efficiency and cost-effectiveness.

You could use your understanding of market trends and financial forecasting to design a pricing model that appeals to both small businesses and larger enterprises, ensuring a steady revenue stream. Additionally, your accounting expertise would help manage operational costs, maximizing profitability and sustainability of the startup. This venture would not only supplement your income but also provide an engaging entrepreneurial challenge in a rapidly growing industry.

8. Start a data mining and analytics tools business ($237K/month)

As a finance manager, you could leverage your deep understanding of financial data and strategic decision-making to start a data mining and analytics tools business. This venture involves developing software that extracts, processes, and analyzes vast amounts of data to uncover patterns, trends, and actionable insights, turning raw data into a goldmine of information.

Identifying key industries such as finance, healthcare, and retail that would benefit from sophisticated data analysis is crucial. With the skyrocketing demand for data-driven decision-making, you could provide businesses with the intelligence they need to make better strategic decisions, ultimately driving their success and transforming industries.

Starting this business combines your technical skills in programming, statistics, and machine learning with your market acumen, making it as challenging as it is rewarding. The potential to pioneer industry transformations and enhance decision-making processes makes it a compelling entrepreneurial opportunity.

9. Start a data analytics software business ($454K/month)

As a finance manager, you already possess a deep understanding of the importance of data analytics in decision-making processes. This insight positions you ideally to start a data analytics software business, which could supplement your income or even become a full-time venture. Leveraging your expertise, you could develop niche-specific software that addresses the unique data analysis needs of your target market, incorporating custom reporting tools, dashboards, and other features to help clients visualize and interpret their data effectively.

Identifying an industry or niche to serve is a crucial first step. Your extensive experience in the finance sector gives you an edge in understanding the challenges and needs of financial organizations, allowing you to craft user-friendly solutions that add real value.

Marketing your software will be essential, emphasizing its simplicity, efficiency, and the critical role it can play in improving clients' decision-making processes. By focusing on these elements and addressing the specific needs of your target market, you could build a successful data analytics business that provides significant benefits to your customers.

10. Start a project management tool ($162K/month)

As a Finance Manager, you could leverage your organizational and analytical skills to develop a project management tool that addresses the specific needs of financial projects and teams. By incorporating features like task lists, Gantt charts, and resource planning, you could create a software solution that enhances workflow and accountability within your industry.

Offering this project management tool through a software-as-a-service (SaaS) subscription model provides a scalable business opportunity with recurring revenue. Given the continuous demand for tools that improve efficiency, your innovative and user-friendly project management tool could attract a broad client base, ensuring a sustainable side income or even a full-fledged business.

11. Start a business growth service ($151K/month)

As a Finance Manager, starting a business growth service could be a strategic way to supplement your income or even pivot toward a full-time entrepreneurial venture. Your expertise in analyzing financial data and crafting strategic plans perfectly positions you to help companies scale efficiently and strategically. By leveraging your skills, you could assist businesses in enhancing digital marketing efforts, optimizing customer acquisition, and refining their business models to drive revenue growth.

The increasing complexities of today’s business environment mean that many companies are eager to invest in specialized growth services. Your role would involve analyzing their current performance, crafting tailored growth strategies, and implementing marketing, sales, and operational improvements. If you possess strategic thinking skills and a passion for helping companies succeed, a business growth service could be a fulfilling and lucrative endeavor.

12. Start a classic car insurance business

As a Finance manager, you could leverage your analytical skills and financial acumen to start a classic car insurance business. Your expertise in risk assessment and budgeting positions you well to develop tailored insurance plans that meet the unique needs of classic car owners. This business could be a lucrative side venture, allowing you to supplement your income while utilizing your existing skill set.

Additionally, your network within the financial and business community could provide you with valuable connections and clients interested in classic car insurance. By tapping into this niche market, you could create a stable and profitable business that capitalizes on your financial expertise and passion for vehicles.

13. Start a billing and invoice business ($86K/month)

As a finance manager, starting a billing and invoice business could be a strategic way to leverage your existing skills and expertise in financial management. You already possess a deep understanding of financial processes, making it easier for you to create professional-looking invoices, track payments, and send reminders for overdue bills.

By offering this service to small businesses and entrepreneurs, you could supplement your income and potentially grow this side venture into a full-fledged business. Given the low startup costs—primarily just a computer, internet connection, and basic accounting software under $100—this is a cost-effective and scalable opportunity that aligns perfectly with your financial acumen.

With some targeted marketing efforts, you could quickly build a client base in need of streamlined and professional billing solutions, allowing you to make extra money while applying your skills in a new and entrepreneurial way.

14. Start a sales leads business ($212K/month)

As a Finance Manager, starting a sales leads business could be an excellent way to supplement your income or even become a full-time entrepreneurial endeavor. Leveraging your analytical skills and attention to detail, you could excel in researching and verifying high-quality sales leads that businesses are eager to purchase. Your expertise in data analysis would ensure that the leads you provide are both accurate and valuable, enabling other businesses to reach potential customers who are ready to buy.

Given the high demand across industries for quality leads, this venture holds extensive possibilities. You could use various tools and techniques—including online databases, social media, and company websites—to gather pertinent client information, ensuring each lead meets your clients' specific needs. This business not only has the potential for significant financial rewards but also the opportunity to help other companies succeed by connecting them with valuable prospects.

15. Start an investment training business ($113K/month)

As a Finance manager, you could leverage your expertise to start an investment training business, offering individuals the knowledge they need to understand financial markets and make informed investment decisions. This venture involves creating comprehensive and accessible content such as online courses, webinars, and one-on-one coaching sessions to cater to different learning styles and experience levels.

With the rising demand for financial literacy, your skills could help demystify the complexities of finance for others, opening up an expanding market. By utilizing platforms like YouTube, podcasts, and membership sites, you could reach a wide audience and become a trusted guide in helping others grow their wealth and navigate their financial journeys.

16. Start a CRM app business ($135K/month)

As a Finance Manager, you could consider starting a CRM app business to supplement your income or even create a full-scale business venture. A CRM, or Customer Relationship Management app, helps businesses streamline communications, track leads, and nurture customer relationships—all from one central platform.

Given your analytical skills and understanding of business operations, you could design a CRM solution tailored to the needs of various industries, providing significant value. With more companies focusing on personalized customer experiences, your CRM app could be pivotal in boosting their sales and customer satisfaction.

You could collaborate with skilled developers to define core features and implement effective marketing strategies to capture your target market. This entrepreneurial path could allow you to leverage your financial expertise in a dynamic and growing tech sector.

17. Start a saas company ($176K/month)

18. Start a vegan baby food business

As a Finance Manager, starting a vegan baby food business could offer a lucrative opportunity to diversify your income streams. With the overall baby food sector growing rapidly and an increasing demand for vegan and organic options, you could leverage your financial acumen to develop a profitable business in this expanding market.

Your expertise in financial planning and analysis would help you create a solid business plan, manage costs, and ensure sustainable growth. Given the rising global infant population and the shift towards plant-based diets, you could find this venture highly rewarding both financially and ethically.

19. Start a personal finance business ($227K/month)

Starting a personal finance business could be a natural extension of your expertise as a finance manager. This venture revolves around helping individuals and families manage their money, understand budgeting, and make wise investment choices. Leveraging your financial acumen and experience, you could offer services like financial planning, debt management, and investment advice.

By gaining the necessary certifications and building trust through your knowledge, you could create customized financial plans for clients and offer continuous support to help them achieve their financial goals. The demand for personal finance services remains strong, as many people seek assistance in navigating economic challenges and building secure futures. This business not only supplements your income but also allows you to make a significant, positive impact on the lives of others through your passion for financial improvement.

20. Start a rugby leagues business

As a Finance Manager, you could leverage your organizational skills and financial acumen to start a rugby leagues business, which could serve as a lucrative side venture. By managing budgets, securing sponsorships, and optimizing operational costs, you could build a sustainable business model that attracts players and fans alike.

Given your expertise in financial analysis, you could also identify key revenue streams such as membership fees, ticket sales, and merchandise. This business not only supplements your income but also provides an exciting opportunity to combine your professional skills with a passion for sports.

21. Start an AI-based business ($27.9K/month)

As a Finance Manager, starting an AI-based business could significantly supplement your income by leveraging your expertise in financial data analysis and strategic planning. You could develop AI-driven tools that automate complex financial forecasting, streamline budgeting processes, or enhance investment strategies for businesses. These innovations can help companies operate more efficiently, reduce costs, and drive revenue growth.

Additionally, you could create platforms that provide predictive analytics, offering businesses actionable insights into market trends and financial risks. By integrating artificial intelligence into your financial expertise, you will position yourself at the forefront of technological advancement, opening up new streams of revenue while solving critical problems in the finance sector. The potential is vast and the impact could be transformative for both your career and the industry as a whole.

22. Start an events center business ($261K/month)

As a Finance manager, starting an events center business could be a strategic way to supplement your income or even transition into full-time entrepreneurship. With your financial acumen, you could efficiently manage budgeting, pricing, and financial forecasting, ensuring the profitability of your venture.

Given the post-pandemic trend toward private events, there is a growing demand for event venues, particularly in urban areas with larger populations. Your experience in market analysis can help you define your target market and develop a comprehensive business plan to capitalize on this trend.

By leveraging your existing skill set, you could create a financially viable and successful events center, allowing you to diversify your income streams and enhance your entrepreneurial portfolio.

23. Start a motorcycle riding and safety class business

As a Finance Manager, you could leverage your analytical skills and attention to detail to establish a motorcycle riding and safety class business. This venture provides an opportunity to diversify your income while engaging with a passionate community of motorcycle enthusiasts. Your expertise in financial planning will allow you to effectively manage operational costs, set competitive pricing, and maximize profitability.

Additionally, starting a motorcycle riding and safety class business could offer you the flexibility to balance your primary career with entrepreneurial aspirations. By meticulously tracking expenses and returns, you could ensure that this side business remains a lucrative and sustainable endeavor. This type of business also allows for scalability, as positive customer feedback and increased demand could lead to expansion opportunities.

24. Start a stock market research website ($7.27M/month)

As a Finance Manager, you could leverage your expertise in financial analysis and data interpretation to start a stock market research website. This business idea focuses on providing comprehensive analysis, insights, and tools to guide both novice and experienced investors in making well-informed decisions.

By gathering and analyzing massive amounts of financial data, and offering expert commentary on market trends, you could create unique, actionable research reports. Utilizing data visualization techniques to simplify complex information could attract a dedicated user base, driven by the demand for reliable stock market insights.

With the rise of DIY investing and constant fluctuations in the financial markets, a stock market research website could offer a steady stream of supplementary income or even become a full-time venture. Your financial acumen and ability to produce accurate, timely information could build trust and set your platform apart in this competitive landscape.

25. Start a gift shop kiosk

As a finance manager, you could leverage your analytical skills and understanding of market trends to start a gift shop kiosk. The gifting culture remains robust, with consumers continually searching for customized or surprise gifts for various occasions. This business venture allows you to blend your passion for helping others with your expertise in financial planning and analysis.

You could start by identifying a niche market and setting up your kiosk in a high-traffic area, ensuring a steady flow of potential customers. By sourcing high-quality products—from greeting cards and jewelry to fragrance and inspirational gifts—you could attract repeat customers and build a loyal client base. Your financial acumen would be invaluable in managing costs, setting competitive prices, and ensuring a profitable venture.

26. Start an ecommerce store ($287K/month)

As a finance manager, starting an ecommerce store could be a lucrative side business or even a full-time venture. Utilizing your skills in financial analysis and budgeting, you could efficiently manage the lower overhead costs associated with an online business, ensuring optimal profitability.

Additionally, your expertise in financial forecasting would allow you to effectively manage inventory and cash flow, crucial aspects of ecommerce success. Given the booming online shopping industry, the flexibility and reach of an ecommerce business present a compelling opportunity to supplement your income while leveraging your financial acumen.

27. Start a candle manufacturing business

As a Finance manager, you could leverage your strong analytical and planning skills to effectively manage the costs and maximize the profitability of a candle manufacturing business. By applying your financial acumen, you could strategically source materials, optimize production processes, and control expenses to create a highly efficient operation.

Moreover, your deep understanding of financial metrics would allow you to develop a solid business plan, forecast sales, and manage cash flow effectively. This expertise ensures that your candle manufacturing business could grow sustainably, providing an additional income stream or pivoting into a full-time entrepreneurial venture.

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163 Million Dollar Solopreneur Business Ideas

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163 Million Dollar Solopreneur Business Ideas

Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

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163 Million Dollar Solopreneur Business Ideas

Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

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163 Million Dollar Solopreneur Business Ideas

Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

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163 Million Dollar Solopreneur Business Ideas

Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

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163 Million Dollar Solopreneur Business Ideas

Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

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163 Million Dollar Solopreneur Business Ideas

Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

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163 Million Dollar Solopreneur Business Ideas

Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

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