The 57 Best Business Ideas To Start In Malaysia [2024]

Interested in starting a business in Malaysia in 2024?

We put together 57 of the best businesses you can start in Malaysia today.

In this list of ideas, you can find:

• Home-based businesses to start in Malaysia
• Profitable online business ideas
• Unique business opportunities for Malaysia
• Low investment business ideas (under $5k to start)
• Easy businesses you can start in Malaysia today

For each business idea, we’ll show you real-world examples, revenue expectations for each idea, + a step-by-step on how to start your small business in Malaysia.

Here's the full list:

1. Start a video production company

A video production company (VPC) also known as a video production agency or film production company, creates videos for clients to use in their marketing strategies. These videos can be commercials, online ads, product showcases, corporate videos, and employee training videos.

2. Start an online vape shop

Looking to tap into the booming e-cigarette market? Consider launching an online vape shop. This venture focuses on selling vaping devices, accessories, and e-liquids to customers through an online platform.

Setting up an online vape shop involves creating a user-friendly website, establishing supplier relationships, and ensuring compliance with industry regulations. It's a market with growing demand as more people turn to vaping as an alternative to smoking.

What makes this business appealing is its scalable model and the opportunity to cater to diverse customer preferences with various products. Whether it’s sourcing unique e-liquid flavors or the latest vaping tech, the potential to carve out a niche is substantial.

An online vape shop isn't just about selling products; it's about building a community of loyal customers. By providing valuable content and exceptional service, you can create a brand that vapers trust and turn your business into a go-to destination.

3. Start a SEO agency

An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in search engines through organic or paid means.

SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these earnings grow dramatically over the next few years. Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with an excellent chance for success.

It’s easier than ever to start your SEO agency in Malaysia. The tools are there, and the competition isn’t as stiff as it used to be. If you’re considering starting an SEO or digital marketing agency, it might be a good idea to learn how other digital agencies succeed.

4. Start an online food business

Gone are the days when food lovers needed to leave their homes for delectable delights. Insert: online food business. This venture allows individuals or groups to offer ready-to-eat meals or pre-packaged ingredients for home preparation, straight to customers' doorsteps.

In simple terms, the business centers on creating and selling meals through an online platform. In a world perpetually pursuing convenience and variety, this idea caters to a diverse audience—busy professionals seeking nutritious meals, cooking novices craving guidance, or adventurous eaters exploring global cuisines.

As an owner of an online food business, you'll be involved in menu planning, sourcing ingredients, preparation, packaging, and delivering—while constantly innovating and adapting to the ever-changing food trends and dietary preferences. With the right blend of business acumen and culinary passion, the online food business can offer a unique opportunity to merge profit with satisfaction—giving people the gift of good food while filling a fundamental market gap.

5. Start a consulting business

Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.

If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.

6. Start a furniture business

The furniture industry involves designing, manufacturing, and selling various types of furniture for household and commercial purposes. With the increase in flexible workspaces and the real estate industry’s growth, the furniture business’s demand is boosted.

The furniture business is easy to start and does not require high investments. However, it is first essential to know your niche, for example, office, domestic, home furniture, and luxury items.

The furniture business needs a lot of preparation and prior knowledge. Taking business classes, learning about your local market, and making a solid business plan is advisable. In general, if your products are unique and one of a kind, consumers will be willing to pay a higher, including the shipping cost.

7. Start an online video editing business

Video editors manage camera footage, dialogue, sound effects, graphics, and special effects to produce the final film or video product. To become an online video editor, you must have media production and communication knowledge and the ability to work with others.

To start a video editing business, you can outsource video editing skills from an experienced professional. Your role will be to pick video footage from the customers and upload them for the video editor to do the magic.

8. Start a 3D Printing Business

3D printing is a process that assembles objects layer by layer and starting a business in this industry can be a very creative venture.

You will need investment in the right equipment and materials, and the acquisition of 3D modeling and design skills. You will also need to regularly calibrate and maintain your 3D printers to deliver consistent results.

Plan how you'll handle shipping and logistics, and leverage technology to find new applications of 3D printing in all industries.

9. Start an IT company

Ever wondered what it's like to shape the digital world? Starting an IT company offers that very opportunity. In simple terms, an IT company provides technology services and solutions to businesses and individuals, ranging from software development to network management and cybersecurity.

The demand for IT services is undeniable and continues to grow as businesses increasingly rely on technology to operate efficiently. This business idea allows you to leverage your tech skills while addressing real needs in the marketplace.

Think long-term; building an IT company is hard work that involves staying current with fast-evolving technologies and maintaining strong client relationships. If you're ready to dive into a field that combines problem-solving and innovation, starting an IT company may be your next big move.

10. Start a digital marketing business

Digital marketing businesses serve local and international companies to expand their reach and grow revenue. A top reason digital marketing is so exciting is that the field is constantly evolving and is easy to learn.

If you plan to start a digital marketing business in Malaysia, educate yourself and understand how digital marketing agencies work. Then, focus on building your digital skills and advancing your career through online digital marketing courses.

To stand out, find a digital marketing niche and focus on the audience interested in your services.

11. Start a catering business

A catering business is responsible for providing food & beverage-related services for vast types of events.

Catering businesses are known to be more flexible than other businesses because they don’t have to worry about location or pricing and can even work 24/7. They can cater anywhere and offer any price point that they want.

However, starting a catering business requires a lot of planning.

To start a successful catering business in Malaysia, you'll need to plan and prepare menus, manage budgets, handle clients, and more.

In addition, catering allows you to meet more people and show off your cooking skills.

12. Start a cleaning business

Starting a cleaning business is an excellent opportunity to be your boss and make money doing what you love. This business is relatively easy to create and does not require much equipment or funds.

There are many cleaning services, so deciding what services (or combination of services) you will offer and what hours of the day or week those services will be available is essential.

To start cleaning service in Malaysia, you’ll want to consider investing in professional cleaning equipment such as a vacuum cleaner, a quality mop, and a good cleaning bucket. You will also need to buy environment-friendly cleaning products such as detergent, bleach, paper towels, and trash bags.

13. Start a barber shop

Are you passionate about men’s grooming and looking to start a low-investment business with a high-profit margin? A barbershop can be a great business idea since it will never hit a low a season. Men and boys always look for grooming, no matter how bad the economy is.

Therefore, starting a barbershop can be a profitable business venture.

14. Start a travel agency

Are you a passionate traveler with entrepreneurial skills? Then starting a travel agency can be a great career choice for you.

As a travel agency, you'll be responsible for linking travelers to providers of all the travel and tourism-related services such as accommodation, transportation, sightseeing, tour guides, local adventure, etc.

Starting an online travel agency is a lot easier than you might think. You'll need to perform market research, get a few necessary certifications (such as your IATA number), study competition, build a website, and do proper marketing.

To maximize earnings, negotiate discounts from the industry service providers, and charge travelers within the market rate.

15. Start a tour company

Starting a tour company is a great way to bring your love of travel to life. You can share your passion with others and help make their dream vacations come true!

There are many types of tour businesses, so choosing something you are passionate about and knowledgeable about is best. Here are a few of the most popular tour companies to start in Malaysia:

• Food & Drink Tours
• Adventure & Sporting Tours
• Sightseeing & Historical Tours
• Shopping Tours
• and many more!

It’s also essential to determine what mode of transportation you want for your tour company, as this will determine the initial startup costs needed for your company.

To get started, find out if you need a license to operate in your state. Some states require tour companies to be licensed, while others do not. If you are required to be licensed, talk with the licensing agency to find out what steps must be taken before you can apply for that license.

16. Start a coffee cafe business

A coffee shop is a popular spot for customers to enjoy freshly brewed coffee, tea, and light snacks in a comfortable and welcoming environment.

These cafes are typically furnished with comfortable seating, free Wi-Fi, and a pleasant ambiance that provides a relaxed environment for people to gather, work or unwind.

To succeed in this business, it is essential to offer high-quality coffee, create a pleasant atmosphere, and provide excellent customer service.

With the increasing demand for specialty coffee experiences, starting a coffee cafe can be a lucrative business opportunity that caters to the widespread love for coffee and the need for communal spaces to enjoy it.

17. Start a pet store

Pet stores are retail businesses that sell animals and pet supplies. They are a leading industry category with sales of approximately $4.5B U.S dollars and positive sales growth of 2.7%.

You can set up a pet store in many places, like supermarkets, malls, or pet supply stores.

The first thing to do is to find a location for your store. A good place would be an area with many residential buildings, schools, and colleges as this will give you access to many customers. It would help if you also looked for a location near public transport as it will make it easier for people to come and visit your store.

18. Start an affiliate marketing business

Are you looking for a side hustle to pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long term. It is a way to earn money online by promoting other companies' products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.

19. Start a freelancer platform

Freelancer platform is a place where people come with skills and services to offer and people come who need those skills and services. So we can say freelancer platforms are a marketplace for sellers and buyers of services and skills.

The freelancing industry is growing rapidly and it's becoming a popular career option for people who are "non-traditional" employees. The global Freelance Platforms market size is expected to reach $6.7B by the year 2025. While working on a full-time job, freelancers simultaneously work on a freelance career. The platforms available online help them to increase their business by attracting new clients.

With all of the businesses looking for help on their websites, it would be a good idea to start a freelancer platform. Freelance platforms do well because people have jobs that need to be done and businesses have the resources to pay for the job at hand.

20. Start an ecommerce platform

Over the past decade, eCommerce has become an indispensable part of the global retail framework. According to statistics, over 2 billion people prefer shopping online.

While brick-and-mortar stores are still making more sales compared to online sales, the adoption of eCommerce is still rising, mainly because of the increased speed and convenience of online shopping.

Therefore, starting an eCommerce platform could set you on the right path to building a futuristic business.

21. Start a resume writing business

The resume writing business is a service that helps job applicants write professional resumes, provide details about their past experiences, and highlight their skills. Resume writing makes it easier for clients to capture hiring managers’ attention and shows they are fully qualified on paper.

A successful resume writer should have strong communication skills, proofreading skills, typing skills, and relevant business experience. Besides, the resume writer should have strong interpersonal skills and proven success.

According to glassdoor, 68% of job seekers who hire professional resume writers find a job within 90 days. The study also points out that professionally written resumes score jobs faster and earn more.

Therefore, the demand for professional resume-writing businesses will keep increasing.

22. Start a food truck

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

23. Start a natural health product business

A natural health products business covers many products, including foods, supplements, drinks, and weight management products. Typically, natural health products go into the production of drugs.

It is easy to imagine why you would want to start your own natural health products business. First, health and wellness are hot topics right now. Everyone wants to be happy and healthy regardless of background, culture, or economic status. Second, the natural health products industry will exhibit a CAGR of 5.3% and reach over 32 billion in the next few years.

Therefore, the natural health products business can be a profitable venture. To maximize profitability, focus on providing health products that solve the problems experienced by your target customers.

24. Start an online car sales business

The online car sales business involves selling cars online through an e-commerce platform or website. To run this business, you will need a reliable source of car inventory, a website or e-commerce platform to list the cars for sale, and a payment gateway to process transactions.

One of the benefits of running an online car sales business is that it allows you to reach a wider audience, as customers can view and purchase cars from anywhere in the world. It also allows you to operate the business from anywhere, as long as you have an internet connection.

To run a successful online car sales business, you must understand the car market well and have strong marketing and sales skills. You must also build trust with potential customers and provide excellent customer service.

Regarding financial investment, you will need to consider the cost of acquiring the car inventory and setting up a website or e-commerce platform. However, the potential for profit in online car sales is significant, as the market for used cars is constantly growing.

25. Start a recreational boat rental service

Boat hiring and boat rental services are tapping into the booming market of the experience economy. Today, most consumers prioritize experience over material items. Boat rental services are necessary, not just for tourists but also for family, couples, friends, and even solo. Investing in the right recreational boat rentals can have a significant return on investment.

Listed are the steps to start a recreational boat rental service business.

• Register your business name
• Permit and licenses to operate
• Obtain equipment for the operation
• Hiring staffs
• Organize your business and activity flow
• Promote your business

26. Start a mobile photography business

Want to start your own photography business? You're not alone. With the rise of social media and photo-sharing, blogging, and online retailing, it's never been easier to start making money behind your camera.

There are photographers shooting weddings, creating images for ad campaigns, freelancing for magazines, touring the world, taking photographs of destinations — the list is endless!

To start mobile photography in Malaysia, research the target audience and determine which specialization area is more lucrative. Invest in high-quality, professional cameras, lenses, and a computer with professional software photo-editing software.

27. Start a marketing agency

Marketing agencies can be a great option for businesses looking to advertise in different ways. For businesses, hiring a marketing company can help them achieve success as they don't have to spend money on employees or needed equipment. Marketing agencies are not inexpensive and there are many different variables that come into play when deciding which one is the best fit for your business.

You want to start a marketing agency, but don't know where to begin. You're not alone, there are thousands of entrepreneurs across the globe that have the same ambition. Luckily for you, compiled a list of how other agencies were able to grow their agency and scale effectively.

28. Start a pdf conversion business

As pdf has become an essential format for about every industry it only makes sense that everyone would want the ability to convert their documents in both ways. This is great news for anyone looking to start a business centered around converting pdf.

Starting a pdf conversion business can help you earn extra income and take control of your career. Professional pdf conversion services are in great demand.

Many medium to large companies prefer to present their documents in pdf rather than Microsoft Word. Besides, various official and private organizations prefer PDF versions of documents for security. This creates an opportunity for anyone to start a profitable business by establishing a standalone pdf conversion company.

29. Start a life coaching business

Life coach helps people in various areas of their lives using a combination of emotional intelligence, professional knowledge, and experience.

Life coaching is a popular industry worth over $2.85 billion, and the number of life coaches has increased by 33% between 2015-2019.

This is a very profitable business and can be started at virtually no cost. You’ll need a computer, a high-speed Internet connection, and a LinkedIn account to start. Then, you can begin coaching part-time in your spare time until you build up your clientele.

30. Start an airbnb management company

An Airbnb management company manages every aspect on behalf of an owner and manages a complete day-to-day running of a rental property.

The services offered by the Airbnb management company include: marketing a property, optimizing financing, meeting and greeting guests, repairs, maintenance, and cleaning.

An Airbnb management company fee structure is generally based on commission, flat rate, and guaranteed income.

Airbnb management companies can easily increase the Rental Income by a minimum of 30% to 50% without compromising guest experiences.

To become an Airbnb property manager, one should be able to find homeowners who will be interested in the services offered by you. Airbnb property managers can make an average annual salary of $55,000 or $27 per hour.

31. Start a fashion business

In 2022, the fashion industry was valued at $473.42B, with a growth rate of 8.3% over last year. To become successful in this highly competitive & ever-growing industry, you must have passion, perseverance, and the ability to take risks.

With platforms like TikTok and Instagram, the way that fashion products are marketed online has completely changed, so it’s essential to keep up with these trends.

32. Start a sensory deprivation tank business

Experience total isolation and float your way into blissful serenity. The sensory deprivation tank business has been growing, 20-25% as of a few years ago.

As our lives become more chaotic and stressful, people will continue to look for ways to destress, and float tanks might be one way that they pull out their wallets.

33. Start a health care training business

Health care training businesses provide a wide range of training programs to healthcare workers. They offer guidance on career preparation and assist workers in learning new skills to gain employment stability. The basic goal of healthcare training is to improve the performance of the employee and give the employer a trained and compassionate professional.

The health and wellness industry is growing rapidly especially after the global pandemic. There is never a shortage of challenges for the healthcare workers. Hence, continuous education is highly essential in health care sectors where there is high demand and growth in terms of new medical & technological advancement. Hence starting a health care training business can be highly profitable.

To start a healthcare training facility, you do not necessarily require a location, it can be set up virtually with proper planning, exposure, and advertisements, you can attract many customers. The customers may range from hospitals, medical schools, managed care companies, and national medical specialty societies.

There are several courses available online to learn how to deliver healthcare training. An ideal healthcare trainer should be excel in people management and should be able to plan, execute and manage to deliver training programs to a large group of participants. The average Healthcare Trainer's salary is $45,000.

34. Start a real estate business

Are you a qualified architect with a broad range of knowledge in the real estate field? Starting a real estate business can be a profitable venture.

Real estate involves purchasing, selling, managing, or investing in land and buildings.

To become a successful real estate business owner, you must have finely honed visual awareness and a strong understanding of various building materials and structures.

35. Start a flea market or marketplace

Starting a marketplace business is one of the best ways to capitalize on the gig economy and make serious profits. There are clear advantages to starting an online marketplace and being the middleman between suppliers and consumers.

The top online marketplaces in the world sold $3.23 trillion in goods in 2021. Sales through platforms like those operated by Alibaba, Amazon, eBay, and others accounted for two-thirds of global eCommerce sales last year. To create and compete in the marketplace business requires adaptations, modifications, overhauls and innovation.

36. Start a resume and cover letter business

Resumes and cover letters are crucial tools for job seekers to advertise their skills and experiences to potential employers.

Starting resume and cover letter writing is a profitable idea you can pursue as a full-time career or a side hustle. However, it requires dedication and passion to be successful. A resume and cover letter business can be both lucrative and fulfilling by helping others achieve their career aspirations.

The resume writing business is a multi-million dollar industry. Everyone is worried about making sure that they have a good resume. The resume and cover letter writing business is actually one of the coolest things you can do at first.

You get to help people turn their careers around and serve them in your own way.

37. Start a hotel booking platform

The explosively popular Airbnb and countless similar services have proven that the market for home and apartment rentals is growing rapidly.

As an entrepreneur who loves travel, you see an opportunity to extend this model to hotels.

That’s why you start a hotel booking platform where travelers can search for and book accommodations worldwide.

The market size of the online hotel booking platform industry worldwide amounted to nearly $518B in 2020.

Starting a hotel booking platform can be so interesting as an idea that can proliferate. It doesn’t require any license, no inventory — only mobile phones, an internet connection, and some motivation to succeed.

38. Start a recruiting agency

The global online recruitment market size was $29B in 2019 and is projected to reach $43B by 2027.

The best way to assess the success of a Recruiting Agency is to review what their clients say about them and the results achieved for those clients.

As a recruiter, you dream of landing your first client, but once you do, you realize it’s only the start of what you hope will be a successful business. Have you ever wondered how to start a recruiting agency business? There’s so much you can learn from books, but nothing beats getting real-world experience.

39. Start a mobile phone cases & accessories kiosk

The increasing adoption of mobile phones and other handheld devices has created a secondary demand for phone accessories. Experts project the mobile phone accessories market will reach $166 Billion in the next decade.

High-demand mobile phone accessories include phone cases, batteries, headphones, portable speakers, etc.

Opening a mobile phone accessories kiosk can be a profitable way to make money. Do you plan to start a mobile phone accessories kiosk? Find a busy shopping mall where people buy phones. You can sell mobile phone accessories in retail or wholesale only.

40. Start an online retail store

Starting an online retail store is straightforward. All you need is a computer, a domain, and a web hosting service. Then, determine a niche for your online store, and conduct product research before listing products.

You can start your online store based on a drop shipping business model or list your self-made products in your online store.

41. Start a water purifying business

It is a very lucrative industry, especially if you select the right location for your business, and will be the center of attention in the coming years.

Water is a necessity. Daily, around the world, billions of people require clean drinking water and sanitation services. However, millions don’t have access to safe and affordable water. They either have to purchase it or otherwise search for systems that can purify water for consumption. This is where the water purifying business comes in handy.

Listed are the steps to start a water purifying business.

• Plan your business
• Register your business name
• Complete all required business documents to run your business
• Get insured
• Promote your business

42. Start a marketing consulting business

Marketing consulting is a business that helps other businesses and organizations improve their marketing strategies and tactics. The improvement involves conducting market research, analyzing data, developing marketing plans, and offering guidance on effectively reaching target audiences.

To start a marketing consulting business, you will need a strong understanding of marketing principles and how to apply them in a business context. Marketing consultancy requires formal education or training in marketing or a related field and experience working in the industry. You will also need strong communication and problem-solving skills to consult with clients effectively.

To operate a successful marketing consulting business, you will need to be able to effectively assess a client’s marketing needs and develop a plan to address those needs. Managing clients’ needs involve market research, analyzing data, and creating marketing materials such as brochures, websites, and social media campaigns. You will also need to be able to communicate your recommendations to clients and work with them to implement the marketing plan.

In addition to these technical skills, you will also need to be able to manage your business effectively. Managing a business involves setting fees, marketing your services to potential clients, and managing your finances.

Overall, a marketing consulting business can be a rewarding and challenging career for those passionate about helping businesses succeed through effective marketing strategies.

43. Become a freelance editor

Freelance editing is a great business idea for those passionate about language, grammar, and literature. As a freelance editor, you will review and improve written materials, whether novels, articles, reports or resumes.

To start a freelance editing business, you will need excellent communication and editing skills and a keen eye for detail. It is also helpful to have a background in writing or editing, although this is only sometimes necessary.

To run a successful freelance editing business, you must establish a robust online presence through a website or social media platforms. You will also need to market your services to potential clients through networking or paid advertising.

One of the main benefits of starting a freelance editing business is flexibility. You can work from anywhere, anytime, as long as you have a computer and an internet connection. You can work around other commitments, such as raising a family or pursuing other interests.

Freelance editing is a great business idea for those looking for a flexible, rewarding career that allows them to use their skills and expertise to help others. This could be the perfect business opportunity if you have a passion for language and a keen eye for detail.

44. Start a professional organizing business

Are you interested in a side hustle business idea you can launch today? How about becoming a professional organizing consultant? You can teach others how to keep their spaces neatly organized if you have special organization skills.

Typically, a professional organizing business helps clients develop critical organizing skills through training. To start your business, you can create videos and share them on Instagram or other social media platforms.

To earn income from the organizing business, you can partner with promoters or introduce paid advertising opportunities.

45. Start an electronics store

An electronics store sells any electronics from smartphones to televisions, laptops, refrigerators and other home appliances. With the technological advancements in the past decade, the electronics sector is expected to grow by 5.6 percent over the next five years.

To start an electronics store, research and find the right location for your store, then register your company at the state level to get the tax ID number.

Then, research your competition, which includes online stores and the local electronics store in your area. You should examine what they sell and focus on the products you can provide at a better price than the competition.

46. Start a beauty business

The beauty industry is growing at a rapid pace - valued at $511B in 2021, with an annual compounded growth rate of 4.75% worldwide. The beauty industry is predicted to exceed $716B by 2025.

If you are thinking of starting your own beauty business, there are many opportunities in this space to succeed. The most profitable branches in this industry include makeup, skincare, and hair products.

47. Start a data science recruitment service

Data science recruitment is a service that helps companies to find and hire the best data scientists. This service offers a variety of features, including a talent database, job postings, and a matching algorithm.

If you are interested in starting a data science recruitment service. In that case, you should have a strong understanding of the data science industry and be able to identify the best talent. You should also be familiar with the various tools and platforms that data scientists use.

Glassdoor says that in 2021, ‘data scientist’ was the second most sought-after role in the United States, with an average salary of $113,736. According to the data of Glassdoor, over the past five years, this has been a pretty consistent salary expectation for data science roles in the US.

Starting a data science recruitment service is a great way to help companies find the best data scientists for their needs. This is a growing industry with a lot of potential, and there is a lot of demand for data scientists.

48. Start a hotels business

If you are considering starting a hotel, then it is time to implement your plan. There are five key elements to understand if you want to succeed in this industry: location, size, budget, experience, and market demand.

Here are some tips to consider before forming a hotel:

• Name your business
• Decide on a marketing strategy
• Start by renting out a room in your home.
• Hire a business capital broker
• Try Airbnb
• Make a marketing plan
• Offer complementary services

49. Start a youtube channel

For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.

In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.

If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.

50. Start a child care business

Starting a childcare business is a great way to build a steady income. You will have the opportunity to be your boss and set your hours even from home. You will have the satisfaction of building one-on-one relationships with children and watching them grow over the years.

A childcare business is an excellent idea. It is both a personal and economical investment for its owners. This is especially true if you are considering starting your non-profit organization or becoming licensed to provide child care. Running a childcare business allows you to help children develop while also making money. As with any business endeavor, running a childcare business has its ups and downs, but it can be very rewarding.

51. Start a travel consulting business

Many people dream of traveling the world. Starting a travel consulting business is an excellent way to make a passive income, explore different parts of the world, and help others do the same.

As a travel consultant, you will provide advice to clients on various aspects of travel, including destinations, airfare, accommodations, and activities.

The objective is to assist tourists and travelers in planning personalized vacations, offer travel advice, and provide end-to-end travel arrangements for a fee.

By making use of industry knowledge and relationships with hotels, airlines, and destination experts, travel consultants can save their clients time and effort in designing their dream trips.

52. Start a car washing and detailing business

The carwash business is already a multi-billion-dollar industry with room for growth.

With the number of vehicles per household increasing daily, starting a car wash and detailing business could be a profitable idea.

If you have a piece of vacant land in the right location, you can get into the carwash business. You can set up an in-bay automatic carwash, self-washing carwash, touch-free carwash, or a wide range of other options.

53. Start a flower shop

Do you enjoy designing floral arrangements for special events like weddings or holidays? If so, owning a flower shop can be exciting and rewarding.

However, setting up the business for success can be overwhelming.

As a florist, your role is to touch people’s emotions with the flowers. The career requires creativity and design skills to appeal to your target customers. You need to love and enjoy working with flowers and have some patience.

54. Start an organic gardening business

Are you looking for a fun and easy home business? Would you love to try something totally different? Do you love the idea of growing your own food? Then starting an organic gardening business might be for you!

The idea of starting an organic gardening business may seem like a dream for many people. That’s because there are many requirements in starting a business involving time, effort, knowledge and capital. However, you shouldn’t stop dreaming now – organic gardening is a booming industry and it has no signs of slowing down.

Here is a guide for starting your organic gardening business:

• Learn about organic gardening
• Select a crop you want to work on
• Name your business
• Decide on a marketing strategy

55. Start a grocery store

A grocery store sells a wide variety of food products, fresh or packaged, and other household & personal care items. The grocery store industry is the largest retail channel that makes $682 billion in the United States.

To start a basic grocery store, you can expect to spend a minimum of $50,000. Ideally, the bigger expense would be the rent, equipment, labor cost, cash registers/POS systems, and software. Some of these are recurring monthly fees. However, the location, size of the store, competitors, and local customers will significantly impact the business. A new grocer should sell more items for a lower price to make a more significant profit.

A new grocer can also save costs by buying the items from local distributors. The distributor is the middleman between the manufacturer and the grocery store selling it. Once the store cost and location are decided, the next step is to obtain a seller license. In most states, a grocer's license is required to run a grocery store.

Thus an average grocery store has a profit margin of 3% to 5%. The profit rates depend on the store's location, size, and popularity. On average, a small to medium grocery store can make a profit of up to $300,000 annually if all the profit factors are considered.

Another way to make your business more profitable is to diversify your store and add amenities like a coffee shop or stocking up the front of the store with magazines, batteries, etc., as these items can cross a margin of up to 70%. As a rule of thumb, offering lower prices on higher purchases will ultimately win more customers and increase profitability.

56. Start a writing & editing business

A writing and editing business is a business that provides writing, editing, and sometimes proofreading services. Such businesses market their services to businesses, corporations, and individuals who might require those types of services.

The earning potential of writing and editing is incredible. Freelancing is one of the best ways to earn some extra money. If you like writing and editing, then freelancing can provide you with an opportunity to prove yourself as an expert, increase your network and help steer your career in a new direction.

Writing is one of the easiest businesses you can start. You might dream of becoming a professional writer, selling your stories to famous magazines, or writing books that millions around the planet will read.

57. Start an eye wear store

The global eyewear market will expand at a compound annual growth rate of 8.4% over the next few years. The growth is because of the changing lifestyle patterns and increased adoption of luxurious accessories.

Therefore, starting an eyewear store can be a profitable business. An eyewear shop sells sunglasses, contact lenses, and eye protection wears.

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