29 Examples Of Profitable Finance Business Ideas (2024)

Updated: July 15th, 2024

Are you looking for finance business ideas you can start today and turn into a full-time hustle?

The good news is there are tons of financial services business ideas - you just have to choose one that suits your passion and goals.

Whether you are a finance expert, a chartered accountant, or an accounting student who wants to kickstart their career by understanding financial business ideas, you have come to the right page.

This article outlines some of the most profitable finance related business ideas (and finance startup ideas) you can start today!

For each finance business idea, we’ll explain what it is, share some tips on how to start a finance business, and show you real-world examples of these financial services business ideas so you can see what it takes to be successful.

1. Start a crypto tax business

The tax code is a complex system that has been in place for decades. As the new age of currency, cryptocurrency, is introduced to the world, it has become increasingly difficult to keep up with the changes.

In 2017, the number of people who owned bitcoin in the United States was 1.5 million.

There are many tax services available online that are designed specifically for cryptocurrency traders and investors. These services will help crypto owners file their taxes quickly and painlessly so they can get back on track with their investments!

How much you can make: $3,699 — $10,000/month

How long does it take to build: 67 days (?)

How I Built A $0 To $100K/Month Crypto Tax Calculator

BearTax is a cryptocurrency tax software that helps traders consolidate trades and calculate taxes without heavy lifting, serving over 10,000 users across the globe in the US, Australia, Canada and India.

Read by 9,746 founders

2. Become a financial advisor

A financial advisor helps people manage their money and reach their financial goals by providing personalized advice on investments and overall financial planning.

To start a business in this field, you should consider a solid financial background, relevant certifications, and good people skills.

Building credibility through education, gaining experience, and networking are key steps to success in the financial advisory business.

How much you can make: $5,600 — $2,000,000/month

How much does it cost to start: $6,550 (?)

How long does it take to build: 30 days (?)

How I Started A $100K/Month Blog About Personal Finance

Michelle Schroeder-Gardner earns $100,000 a month from Making Sense of Cents, a personal finance and lifestyle blog where she writes informative and fun articles about financial freedom and her life on the road, thanks to a diversified traffic approach and monetization strategies, such as affiliate marketing, sponsored partnerships, and course sales.

Read by 20,049 founders

3. Start a finance blog

A finance blog is a feature appearing as part of an online publication relating to finance and consisting of articles or personal commentary. A finance blog earns income through sponsored content or simple marketing programs. To succeed in business, a finance blogger should:

  • Have a good writing background
  • Understand the industry from a concept or fundamental standpoint
  • Be passionate about the topics
  • Be well organized and maximize the work schedule.

Starting a finance blog involves a low financial investment, while there is a considerable possibility for success. There are minimal overhead costs, saving you time and money. Therefore, starting a finance blog is an incredible business opportunity.

How much you can make: $1,000 — $3,000,000/month

How much does it cost to start: $200 (?)

How long does it take to build: 30 days (?)

How I Started A $36M/Year Stock Market Research Newsletter

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.

Read by 28,618 founders

4. Start a credit card comparison website

A credit card comparison website is a business that allows users to compare and contrast different credit cards to find the best fit for their financial needs. This business operates by gathering information about various credit cards and their features, such as interest rates, rewards programs, annual fees, and other benefits. The website then presents this information in a clear and easy-to-understand format, allowing users to compare the different options and decide which credit card to apply for.

To run a successful credit card comparison website, it is essential to keep the information on the site up-to-date and accurate. This requires constantly researching and gathering new data about credit cards and their features and regularly updating the website with the most current information. Additionally, it is important to provide a user-friendly interface that allows users to compare different credit cards and find the information they need.

Another key to business success is establishing partnerships with credit card companies and financial institutions. By partnering with these companies, the website can offer exclusive deals and promotions to users, which can help to drive traffic to the site. Additionally, partnering with these companies can provide the website with valuable resources and expertise, which can help to improve the quality and accuracy of the information on the site.

Finally, to run a successful credit card comparison website, it is essential to focus on marketing and promoting the site to attract users. This can be done through various methods, such as social media marketing, search engine optimization, and paid advertising. By effectively promoting the site, entrepreneurs can increase visibility and drive traffic, leading to increased revenue and success.

How long does it take to build: 90 days (?)

5. Create an online course

An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.

As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.

With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.

For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.

How much you can make: $275 — $1,000,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 88 days (?)

How This 28-Year-Old Couple Quit Their Jobs And Make $20K/Month Running A Blog

Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.

Read by 28,850 founders

6. Start a bookkeeping service

As the nature of business changes, bookkeeping is an essential function that is on-demand across all business sectors.

Bookkeeping services support businesses by handling their accounts receivables, creating and sending invoices to the correct accounts, and processing accounts payable to ensure business owners settle them when due.

To become a bookkeeper, pick the niche market, choose a bookkeeping software, and set up the necessary business infrastructure. You need a website, an address, client database software, and file-sharing tools where your clients can access records on demand.

How much you can make: $8,000/month

How much does it cost to start: $515 (?)

How long does it take to build: 7 days (?)

How We Started A $8K/Month Bookkeeping, Tax And CFO Service

A4E, a full-service accounting business, grew five times from when it started about a year ago when it was only offering tax services, and its current MRR is around $8k with a targeted MRR of $13k, providing 100% done-for-you accounting solutions that combine bookkeeping, taxes and CFO services under one roof and for an amazing value for US-based businesses in tech-related industries and services.

Read by 10,133 founders

7. Become a stock day trader

A stock day trading business involves buying and selling stocks within a single day to make profits from short-term market price movements.

Successful stock day traders often have a deep understanding of financial modeling, which helps them identify opportunities and make informed decisions.

They also use various tools and techniques to optimize the timing of their orders and analyze market momentum.

Starting a stock day trading business requires learning about different market mechanics, order types, and risk management techniques.

It is essential to practice analyzing charts in a simulated account before investing real capital to minimize the risk of losses.

By dedicating time and effort to mastering these skills, one can increase their chances of success in the stock day trading business.

How much you can make: $12,000 — $160,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 120 days (?)

How I Started A $12K/Month Investment Membership Community

This case study is about a successful entrepreneur who created Net Net Hunter, a membership community focused on a niche investment strategy that now earns $12k per month by providing a list of roughly 1000 international net-nets and filter through them by hand to identify the top 40 or 50 to focus research efforts on, and has since moved on to creating a new start-up project.

Read by 7,294 founders

8. Start a money lending company

A money lending company is a business that provides loans to individuals or businesses in need of financial assistance. This type of company typically operates by offering a range of loan products, such as personal loans, business loans, and mortgage loans, to customers who meet specific eligibility requirements.

To run a successful money lending company, it is essential to have a thorough understanding of financial regulations and compliance and a strong marketing strategy to attract and retain customers. It is also essential to clearly understand potential borrowers’ creditworthiness and carefully evaluate the risk of lending money to them.

One essential tip for running a successful money lending company is offering customers competitive interest rates and terms, which can help attract and retain business. It is also essential to thoroughly understand the local market and carefully assess the risks and potential returns of lending to different types of borrowers.

In addition, it is essential to have a strong customer service team to handle inquiries and complaints and establish clear policies and procedures for handling defaulted loans. By following these tips and staying up to date with industry trends, entrepreneurs can start and run a successful money-lending company that helps meet their customers’ financial needs.

How much you can make: $7,000 — $100,000,000/month

How long does it take to build: 730 days (?)

How I Started A $300K/Month Money Lending Company

How a mortgage broker used $1000 to grow a leading hard money and NON-QM lender, grossing over $3m and offering some of the lowest rates in the industry by specializing in private unique loan programs with the largest variety of mortgage loans and programs nationwide and closing loans within 7-10 days.

Read by 31,243 founders

9. Start a tax service business

A tax service business helps individuals and businesses prepare and file their tax returns accurately and efficiently. This business typically offers tax preparation, tax planning, and consulting on tax-related matters.

To run a successful tax service business, it is essential to stay up-to-date on the latest tax laws and regulations and any changes that may affect your clients. You should also invest in reliable tax preparation software and thoroughly understand how to use it.

Another key to success in this business is building strong relationships with your clients. This may involve offering personalized services and being available to answer questions and provide guidance throughout the tax preparation process.

Marketing and networking are also crucial for attracting new clients. This may involve utilizing social media, creating a website, and attending local business events.

Overall, a tax service business can be a rewarding and lucrative opportunity for entrepreneurs with a strong understanding of tax laws and a dedication to providing excellent customer service.

How much you can make: $10,000 — $370,000/month

How long does it take to build: 67 days (?)

How We Built A $100K/Year Crypto Tax SaaS (In Just 1 Year)

Divly is a startup that helps customers calculate and pay taxes on their cryptocurrency gains, with a revenue of $50k since launching and a plan to expand into multiple markets for 2023.

Read by 3,176 founders

10. Start a real estate appraisal service

Starting a real estate appraisal service is a great way to get involved in the industry without having to buy or sell property. As a real estate appraiser, you'll be responsible for estimating the value of properties. This can involve anything from single-family homes to commercial buildings.

To be successful, you'll need to have a strong understanding of the real estate market and the factors that affect property values. You'll also need to be licensed in your state. But, if you're up for the challenge, starting a real estate appraisal business can be a great way to make money in the industry.

Licensed appraisers can make between $40,000 and 100K. They can work for an appraisal management company (AMC), lending institution or government agency. Salary starts at about 40k with top end reaching up to 120 K depending on experience.

Starting a real estate appraisal business offers a niche opportunity that can be very profitable. Appraisers can often work from home, making it a great option for those who want the flexibility of being their own boss.

With the increase in transactions, there is a need for appraisers to accurately value properties. If you have the skills and experience, starting your own appraisal business can be a great way to make money in the real estate industry.

It 's important to note that, while there is a demand for appraisers, the industry is highly regulated. You'll need to be licensed and have the proper credentials to operate your business.

11. Start an accounting software business

Accounting software is an important part of any business. Without a definitive accounting system, businesses cannot keep track of debtors, creditors, assets, and liabilities.

According to experts, demand for new and advanced accounting software is increasing than conventional software. Besides, conventional accounting software lacks technological competitiveness, which creates an environment for expansion and upgradation of the accounting software market.

Are you looking for a business idea within the accounting sector? If you understand how accounting systems work, you can build modern accounting software that helps businesses manage accounts receivables, payables, and the general ledger, among others.

How much you can make: $8,000 — $1,000,000/month

How long does it take to build: 150 days (?)

How We Started A $8K/Month Bookkeeping, Tax And CFO Service

A4E, a full-service accounting business, grew five times from when it started about a year ago when it was only offering tax services, and its current MRR is around $8k with a targeted MRR of $13k, providing 100% done-for-you accounting solutions that combine bookkeeping, taxes and CFO services under one roof and for an amazing value for US-based businesses in tech-related industries and services.

Read by 10,133 founders

Searching for a way to share your financial expertise while generating passive income? Consider creating a finance-related e-book. This business idea allows you to compile your financial knowledge into a comprehensive guide, ready for digital distribution.

An e-book can cover a range of topics, from budgeting and investing to advanced financial strategies, catering to both beginners and seasoned pros. The initial investment involves dedicating time to writing, structuring, and formatting your content.

Once published, promotion is crucial—leverage social media, financial forums, and collaborations with influencers to get the word out. The beauty of this venture is that once your e-book is crafted and promoted, it continues to sell with minimal ongoing effort.

If you're passionate about finances and interested in creating a product with the potential for ongoing revenue, a finance-related e-book is an appealing choice.

How much you can make: $30,000/month

I Left My 13 Year Career To Start A $120K/Year Financial Advice Blog

Financial Samurai founder, Sam Dogen, shares how he turned his cathartic writing hobby into a personal finance site that generates over $10K a month in passive advertising revenue and has over 1 million organic visitors a month, as well as his tips on starting and growing a business, and diversifying clientele.

Read by 5,766 founders

13. Start a niche investment platform

A niche investment platform is a custom-tailored online exchange that deals with alternative asset classes such as collectibles, cryptocurrencies, real estate, or athletic prospects.

As a founder of such a platform, you can make use of modern technology to create transparent trading ecosystems that cater to specialized investors.

You can provide flexibility around portfolio combinations, which will help you build an exclusive user base.

This, in turn, will provide recurring revenue through transaction fees and premium subscriptions.

For those seeking alternatives amid volatile stock markets, a niche exchange offers asset diversification to brokers and traders who have a passion for fine wine or up-and-coming athletes.

How much you can make: $2,000 — $600,000/month

How long does it take to build: 180 days (?)

How We Started A $40M Real Estate Investment Fund

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.

Read by 13,314 founders

14. 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:

  1. Conduct market research and reach out to people who already have expertise in this field
  2. Attend meetings and find out how other clubs operate.
  3. Familiarize yourself with real estate laws and current market conditions.
  4. 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 (?)

How We Started A $40M Real Estate Investment Fund

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.

Read by 13,314 founders

15. Start an online community

Online communities bring people who share common values together. For anyone looking to start a side hustle and earn money, you need to figure out the best online communities to participate. More important, you need to figure out on how to translate your online community membership into dollars. Ideas of how to earn through online communities include:

  • Selling your products
  • Promoting affiliate links for a commission
  • Run ads
  • Sell online community membership
  • Start your own online community and charge for sponsored content

How much you can make: $100 — $162,620/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

Time commitment per week: Min. 4 hours/week

This VC Taught Himself How To Code And Is Bootstrapping His Own Startup

VC-turned-entrepreneur Phil Strazzulla, who previously built a successful b2b SaaS business, shares how he bootstrapped an online review site for HR software into a viable business with over $1k monthly revenues in just 3 months through organic search traffic growth and selling high intent leads.

Read by 17,650 founders

16. Start a budget consultant business

If you have a keen interest in finance and understand budgeting, starting a budget consulting business could be a great idea for you.

With this business, you can offer personalized financial advice, expense analysis, and savings strategies to both individuals and small businesses.

Whether it's retirement planning, debt management, or creating a savings plan, you can help clients achieve their financial objectives and make a meaningful impact in their lives.

One of the best things about this business is that it provides flexibility in terms of scheduling.

You can make it your side hustle or turn it into a full-time venture, depending on your preference and availability.

By starting your own consulting business, you can tap into this market and empower others to take control of their financial future.

How much you can make: $7,000 — $50,000/month

How long does it take to build: 45 days (?)

How I Transitioned From Vocational Zookeeper To Starting A $7K/Month Blog About Personal Finance And Budgeting

Learn how Steffa Mantilla transitioned from being a zookeeper to earning $7,000/month gross income through her personal finance blog, Money Tamer, by offering digital printables and focusing on SEO and email marketing.

Read by 6,332 founders

17. Start a finance podcast

Finance podcasts are growing in popularity as people seek to improve their financial literacy. Launching a finance podcast means creating audio content that dives into personal finance, investing, market trends, and economic news.

Your role involves researching finance topics, booking knowledgeable guests, scripting engaging episodes, and mastering the art of audio editing. This venture doesn't require significant upfront capital, just time, dedication, and a few pieces of equipment like a quality microphone and editing software.

A finance podcast can be both informative and profitable. With the right approach, you can attract sponsorships, monetize through ads, or even create premium content for subscribers. It's a demanding but rewarding endeavor, perfect for those passionate about finance and eager to share their knowledge with a curious audience. If you're prepared to commit to consistency and continuous learning, this could be a fulfilling and financially viable business idea.

How much you can make: $150,000/month

How much does it cost to start: $5,000 (?)

How long does it take to build: 365 days (?)

How I Started A $88K/Month Personal Financial Improvement Website

Millennial Money Man founder Bobby Hoyt and partner Mike Yanda created Laptop Empires, which boasts a seven-figure revenue through their flagship Facebook Side Hustle Course, helping retirees and millennials launch and grow their local Facebook ad agencies.

Read by 10,740 founders

18. Start a VC firm

Securing capital for budding enterprises while reaping financial returns is the essence of a Venture Capital (VC) firm. A VC firm provides funding to startups and small businesses with exceptional growth potential, which can yield significant rewards if wisely chosen.

Running a VC firm requires deep industry knowledge, risk assessment skills, and a knack for spotting innovative ventures early on. You’ll invest capital in exchange for equity in these companies, providing not only funds but also guidance to help them scale.

The allure of starting a VC firm lies in the potential for high returns and the opportunity to foster the next wave of groundbreaking startups. However, the road can be demanding—sourcing capital, identifying promising ventures, and managing regulatory compliance require unwavering diligence.

If you're passionate about innovation and have a keen eye for potential market disruptors, a VC firm might be the compelling business venture you’ve been waiting for.

19. Become a forex trader

Interested in navigating the thrilling world of currency exchange? Consider becoming a forex trader. This business involves speculating on the price movements of currencies, buying low and selling high to generate profit.

Forex trading requires a solid grasp of market trends and a keen analytical mind. You'll need to dedicate time to education, continually refine your trading strategies, and stay updated on global economic news.

The allure of forex trading lies in its potential for substantial returns, and the flexibility to trade from anywhere with a stable internet connection. Plus, the market operates 24/5, so you can trade at times that suit your schedule.

If you're disciplined, comfortable managing risk, and intrigued by financial markets, forex trading could be a lucrative pursuit. It takes dedication and ongoing learning, but the rewards can be significant for those willing to put in the work.

How much you can make: $1,200 — $100,000/month

How much does it cost to start: $388 (?)

How long does it take to build: 60 days (?)

I Developed A $100K/Month Trading Software

Entrepreneur Sina Sinry started an eCommerce business selling the best performing forex robot, generating monthly earnings of over $100,000 from his digital products, which he developed with the help of professional developers and found success through Facebook Ads.

Read by 4,012 founders

20. Become a crypto trader

Crypto trading is an exciting market with a reputation for higher returns than some traditional investments.

Note that cryptocurrencies are incredibly volatile (and this is not investment advice).

When you start, opt for small-stake trades that allow you to get a handle on the market with minimal risk. Trade through a secure wallet provided by a reputable broker such as Coinbase or Binance. Take time to practice technical analysis, an essential research skill to help you read charts and identify patterns to inform your crypto trading strategies.

How long does it take to build: 135 days (?)

21. Start a health insurance business

Starting a health insurance business can be a lucrative and rewarding endeavor. As the healthcare industry continues to evolve, the demand for affordable and comprehensive health insurance plans is higher than ever.

To start a health insurance business, you must obtain a license to sell insurance in your state. This typically requires completing an insurance training program and passing an exam. You will also need to work with insurance carriers to create plans and negotiate rates.

To run a successful health insurance business, it is important to have a strong understanding of the healthcare industry and the various types of health insurance plans available. You should also be able to communicate effectively with clients and help them understand their options.

In addition to selling insurance, you may also need to manage claims and handle customer service inquiries. Strong organizational and customer service skills will be essential to running a successful health insurance business.

Starting a health insurance business requires a combination of knowledge, skills, and resources. With dedication and hard work, you can build a thriving business that helps individuals and families protect their health and financial well-being.

How much does it cost to start: $500 (?)

How long does it take to build: 90 days (?)

22. Start a stock market research website

Navigating the stock market can be overwhelming, which is why a stock market research website is a valuable business idea. This concept revolves around providing in-depth analysis, insights, and tools to help both novice and seasoned investors make informed decisions.

Setting up such a website involves gathering and analyzing massive amounts of financial data, creating user-friendly dashboards, and offering expert commentary on market trends. You'd be responsible for generating unique, actionable research reports and utilizing data visualization to make complex information accessible.

With the rise of DIY investing and the constant flux in the financial markets, the demand for reliable stock market research is unwavering. If you have a knack for data analysis and financial acumen, this niche offers a promising avenue to cultivate a loyal user base. Building trust through accurate, timely information can set your platform apart and carve out a competitive edge in the financial landscape.

How much you can make: $4,000 — $18,800,000/month

How long does it take to build: 200 days (?)

How I Started A $36M/Year Stock Market Research Newsletter

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.

Read by 28,618 founders

23. Start an online payment service

An online payment service provider is a third-party company that provides a payment platform for businesses that accept online payment methods like debit cards, credit cards, cash cards, etc. Building an online payment platform is a great way of achieving financial freedom. This is because the payment platform charges the stores and service providers a convenience fee for using their services, generating a passive income for the business owners.

If you plan to build an online payment solution, focus on building a solution that will process different payment types.

How much you can make: $2,200 — $5,000,000/month

How long does it take to build: 165 days (?)

I Bootstrapped A $60M/Year Global Payroll Solution

Transformify, a global payroll and payments platform for international contractors, achieved 650% revenue growth in 2021 and reached profitability in 2019, offering social impact programs for various vulnerable groups, vendor management systems for temporary workforce management, and an AI-driven applicant tracking system to help job seekers switch careers amid Covid-19 outbreak.

Read by 7,811 founders

24. Create a digital wallet app

A digital wallet is a financial transaction application that runs on mobile devices. In today’s digital era, people demand the freedom to purchase anything and be able to pay from their digital wallets.

With technological advancement, making digital payments has become easier than ever before. Anyone can use mobile payment platforms to pay and accept payments online. Therefore, creating a digital payments wallet can be a great business opportunity.

To create a digital wallet, conduct extensive market research and create a business plan. It would help if you could hire competent programmers to create a secure payment gateway.

How much you can make: $1,000 — $1,500,000/month

How long does it take to build: 215 days (?)

How We Launched A $1.5MM/Month Digital Wallet and Financial Services Company

iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.

Read by 11,111 founders

25. Become a retirement & personal finance consultant

As individuals are retiring earlier and more often than ever, there is an increasing demand for these types of services. A retirement consulting business can tap into a growing market of individuals seeking professional guidance for their post-work years.

A retirement consultant specializes in helping individuals plan for a secure and fulfilling retirement.

They assess clients' financial situations, recommend strategies for savings and investments, and guide them on how to achieve a comfortable retirement lifestyle.

How much you can make: $2,000 — $30,000/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 360 days (?)

This Solo Founder Grew A Personal Finance Blog To $102K/Year

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.

Read by 10,206 founders

26. Start a crowdfunding app business

Looking for a way to connect projects with the funds they need to succeed? Consider creating a crowdfunding app. This business idea centers on developing a platform where startups, creative projects, and community initiatives can gain financial backing from a vast pool of supporters.

Imagine facilitating countless dreams by providing a user-friendly app that enables individuals and organizations to pitch their ideas and attract micro-investments. Building this app involves a solid understanding of tech development, seamless user interface design, and robust financial transaction systems to ensure secure and easy monetary exchanges.

This is an opportunity for tech enthusiasts and entrepreneurial spirits to play a pivotal role in bringing innovative ideas to life. If you're ready to step into the world of startups and funding, a crowdfunding app can place you right at the intersection of innovation and community support, offering immense potential for growth and impact.

How much you can make: $5,000 — $400,000/month

How long does it take to build: 365 days (?)

How We Built And Launched A $100M Equity Crowdfunding Platform

StartEngine has helped over 265 companies raise capital from a community of 190,000 users on their equity crowdfunding platform, and has raised almost $100M to date, offering equity, debt, convertible note, and other types of securities to investors.

Read by 8,840 founders

27. Start a credit repair business

Credit repair involves restoring or correcting a poor credit score by pointing out untrue or incorrect listings from a credit report. The demand for credit repair services is increasing tremendously.

According to a report, the global credit repair services market is estimated to grow at a CAGR of 13.76%, reaching approximately $7,000 in a few years.

The increased demand for credit repair services is because people are after removing negative items from their credit reports so they can reach a higher FICO score and obtain credit. Therefore, starting a credit repair company can be a rewarding and fun business. To start a credit repair company, you need trained and certified staff.

How much you can make: $3,500 — $15,000/month

How much does it cost to start: $750 (?)

How long does it take to build: 17 days (?)

How This Police Lieutenant Started A $3.5K/Month Side Business Blogging About Financial Education

Police lieutenant Ryan Luke grew his side business, Arrest Your Debt, into a $3,500 monthly income stream by blogging about personal finance tips through a focus on financial literacy for first responders.

Read by 6,706 founders

28. Start a commodity trader business

29. Become a financial appraisal

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.