Community Business

Business Idea: Start A Community Business in 2024

Pat Walls

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Updated: October 2nd, 2024

Monthly Revenue

$4K

Community businesses can bring local change and foster connections. What is a community business? Simply put, it’s a venture initiated by locals to meet the needs of their neighborhood.

This could be a communal garden, a co-working space, or a local grocery store that serves fresh, affordable produce. You’re not just launching another business; you’re creating a hub that benefits the entire community. It’s about identifying local needs and delivering solutions that make a direct impact.

Starting a community business involves understanding local issues, gaining trust, and building relationships. The rewards are significant: you create jobs, strengthen community ties, and foster local pride. It’s about creating a thriving ecosystem right where you live. If you're passionate about making tangible, positive changes in your neighborhood, this might be the perfect venture for you.

Examples Of Successful Community Businesses

Successful community business businesses and case studies

How I Started a Remote and IRL Coworking Community for Indie Founders [$48K/Year]

Ramen Club is a founder community that aims to help solopreneurs succeed, enjoy their journey, and feel less lonely; it currently has over 100 members and $3,800 MRR with 35% MoM revenue growth between April and May 2022.

$4K Monthly Revenue

$250 Startup Costs

Read by 4,335 founders