The 32 Best Home-Based Businesses To Start In Tennessee [2024]
Interested in starting a business in Tennessee in 2024?
We put together 96 of the best businesses you can start in Tennessee today.
For each business idea, we’ll show you real-world examples of how you can start your profitable, home-based small business in Tennessee.
Here's the full list:
1. Start a hotel consulting business ($6M/year)
Starting a hotel consulting business could be a lucrative venture in Tennessee, especially given the state's thriving hospitality and tourism industry. You could offer expertise in areas such as operational efficiency, marketing strategies, and customer service improvement to existing hotels or new entrants. A prime example of a successful business in this sector is Ancient Lore Village, founded by Tom Boyd in Knoxville, TN. This 5-star boutique resort and event center is unique as it is based on a fiction book and has received over 200 event inquiries before even launching.
Boyd's Ancient Lore Village demonstrates the potential for creative and high-end hospitality ventures in Tennessee. By helping hotels innovate and improve their services, you could play a vital role in the state's tourism growth. For more details about Tom Boyd's endeavor, you can refer to the case study.
Boyd Hollow Resorts is launching a 5-star boutique resort and event center based on a fiction book that will be the first of many Villages to be built around the world, with over 200 event inquiries received before launching.
2. Start a freelancer platform ($4.5M/year)
Starting a freelancer platform could be a highly lucrative opportunity in Tennessee, given its thriving entrepreneurial spirit and growing service-based economy. In Nashville, Bryan Clayton founded GreenPal, an "Uber for Lawn Care" that exemplifies the potential success you could achieve with a well-executed freelance platform. GreenPal bootstrapped its way to over $30 million in annual revenue by providing a much-needed solution for homeowners seeking reliable lawn care services.
By launching a freelancer platform, you could connect clients with local professionals in various industries, whether it be home services, graphic design, or any other niche with high demand. Bryan’s story of creating GreenPal in Nashville with an initial line of credit of $85,000 and scaling it to a national level serves as a powerful example of what is possible when addressing a specific market need. For more details, you can explore GreenPal’s full case study.
GreenPal has bootstrapped their business to over $30 million a year in revenue, after securing an unsecured line of credit for $85,000, and have built the operating system and platform for small lawncare companies to run their entire business through, becoming live in all 50 US states and having 1.2 million homeowners using the platform.
3. Start an ecommerce marketing agency ($2.16M/year)
Starting an ecommerce marketing agency in Tennessee could be a highly profitable venture, given the rising demand for specialized digital marketing services. You could help local businesses enhance their online presence through strategic search engine optimization (SEO), paid search campaigns (PPC), social media advertising, and email marketing.
An inspiring example to look at is STRYDE, founded by Greg Shuey. Although it was started in Lehi, UT, USA, it showcases the potential for success in this field. STRYDE has grown to generate just over $2 million in revenue by focusing on women-owned ecommerce companies and offering specialized marketing strategies. For more on their journey, you can check out their detailed case study.
Stryde is a women-owned eCommerce digital marketing agency that has been in business for almost 9 years, focusing on creating custom digital marketing strategies that generated just over $2 million in revenue, with a growth strategy of bringing on the right clients and specializing early.
4. Become a stock day trader ($1.92M/year)
If you're entrepreneurial and enjoy the dynamic world of stocks, becoming a stock day trader in Tennessee could be a promising venture. By leveraging the state's supportive business environment and low cost of living, you could operate a profitable day trading business from the comfort of your home.
An inspiring example is Real Life Trading, founded by Jerremy Alexander Newsome in Nashville, Tennessee. This business has flourished by offering stock market mentorship globally, utilizing a "freemium" model that provides extensive free educational resources. Real Life Trading's success not only generates over $4 million in revenue but also supports charitable causes through donations. For more details, check out their inspirational story.
Real Life Trading is a global stock market mentorship business generating over 4 million in revenue, with a mission to enrich lives; the "freemium" model allows for 99% of education to be totally free, attracting global customers, and with a goal of using their success to donate hundreds of thousands of dollars a year to fantastic charitable causes.
5. Start a handmade goods business ($1.8M/year)
Starting a handmade goods business in Tennessee can be both rewarding and lucrative, especially if you capitalize on the state's rich tradition of craftsmanship and local artistry. One inspiring example is Batch, a regional gift and retail company based in Nashville, founded by Samuel Davidson. Batch specializes in Southern, handmade, small-batch gifts perfect for various occasions, from corporate events to weddings. With a flagship store at the historic Nashville Farmers Market, Batch showcases the potential of consolidating local artisans' products under one roof, providing a one-stop shop for unique, locally-crafted items.
Davidson and his co-founders launched Batch initially as a subscription box service, curating Nashville-made items each month, and swiftly grew their customer base. They have now worked with over 300 small businesses and achieved annual revenue nearing $1.8 million. If you’re in Tennessee and have a knack for creating or curating handmade goods, this business model demonstrates the viability of tapping into local pride and quality craftsmanship. For more details on their journey, you can check out the Batch case study.
Regional gift and retail company Batch has grown its annual revenue to almost $1.8m by honing its operating model, targeting other cities such as its home base Nashville, and relying on repeat business by keeping purchase percentages for gifts at approximately 90%.
6. Become a life consultant ($1.8M/year)
You could transform lives by becoming a life consultant in Tennessee. Life consultants, such as career or wellness coaches, offer personalized advice and strategies for self-improvement. By tapping into your unique skills and experiences, you could help others navigate their personal and professional challenges.
A notable example of a successful life consulting business is EMDR Consulting, founded by Roy Kiessling. Based in Portland, Oregon, EMDR Consulting trains mental health professionals in the Eye Movement Desensitization and Reprocessing (EMDR) psychotherapy technique. This business has grown dramatically, conducting over 150 training courses annually and teaching over 1500 professionals how to enhance their practice. This presents a valuable example of how a life consultant can significantly impact both clients and the wider community.
How one founder grew their business, EMDR Consulting, from a one-person operation to one of the largest EMDR training organisations in the US, annually conducting over 150 EMDR basic training courses a year teaching over 1500 mental health professionals how to integrate EMDR into their clinical practice.
7. Start a web design & online marketing business ($1.8M/year)
If you have a knack for creativity and tech-savvy skills, you could start a web design and online marketing business in Tennessee. This field offers immense potential given the increasing demand for digital presence among businesses. You could provide services such as website design, SEO, social media management, and online advertisement campaigns.
UPQODE, founded by Nicolae Pasecinic in Nashville, Tennessee, serves as an inspiring example. This award-winning website development and design agency has successfully catered to a wide range of clients, emphasizing high-quality and aesthetically appealing web solutions. You can read more about their journey and success in this case study.
This case study follows the success story of Nick, founder of Qoders Family, who has generated over $3M in revenue through his various website building services including an award-winning development design agency, custom-designed WordPress theme templates, free WordPress plugins, and a Shopify app.
8. Start an idea management software ($1.8M/year)
Starting an idea management software business in Tennessee could be a promising venture, allowing you to tap into the growing demand for innovation platforms that help organizations streamline their idea processes. Leveraging online and inbound marketing strategies, you could build a robust customer acquisition model similar to Viima, a Finnish-based bootstrapped innovation management software company co-founded by Jesse Nieminen. Viima has grown their recurring revenue by around 70% year-over-year and serves over 13,000 organizations globally.
For inspiration, consider the success of Viima, which started in a small market like Finland and became the world's most widely used innovation management platform. To read more about their journey and approach, check out their case study. This example shows that with dedication and strategic marketing, even businesses from smaller regions can achieve international success, compelling entrepreneurial-minded individuals in Tennessee to pursue similar opportunities.
Viima, a Finnish-based bootstrapped innovation management software company, has managed to grow their recurring revenue at a rate of around 70% year-over-year, with more than 13,000 organizations from all around the world using their platform to manage innovation ideas, showing that online and inbound marketing are indeed the most effective ways to create a low-cost customer acquisition machine and a leading brand in the field.
9. Start a logistics business ($1.8M/year)
Starting a logistics business in Tennessee could be a highly lucrative opportunity, given the state's strategic location and thriving commerce sector. By focusing on relationship-building and operational efficiency, you could carve out a niche in a competitive market. Velocity International Group is a prime example of a successful logistics company launched in this state. Started by Ben Elizer in Nashville, the business began with just two vans and has since expanded to over 25,000 square feet of warehouse space, growing its revenue by over 300% in just two years.
Velocity International Group's story highlights the potential for growth and success in this industry. Elizer leveraged his background in logistics and business management to provide a range of services including same-day delivery and warehousing. To read more about how Ben Elizer built Velocity International Group, check out the full case study.
How a logistics company grew its revenue over 300% in 2 years, starting with just 2 vans and 25k+ square feet of warehouse space, and focused on relationships, efficiency, and building trust with its customers.
10. Start a content marketing agency ($1.2M/year)
Starting a content marketing agency offers a lucrative business opportunity in Tennessee. This type of business involves creating and distributing engaging content to attract and retain customers, ultimately driving profitable customer action. Hunter Franklin’s Brotherdale is an inspiring example based in Nashville, where they generate impressive 6-figure monthly revenue. Their focus on producing high-quality videos and photos has helped numerous clients increase conversions, leads, and social media followers.
If you’re passionate about creativity and digital marketing, this could be an ideal path for you. Drawing inspiration from Brotherdale, you could establish a content marketing agency and leverage word-of-mouth and social media presence to grow your business. You can read more about Hunter's successful journey with Brotherdale.
Brotherdale, a creative agency based in Nashville, currently generates impressive 6-figure monthly revenue by creating videos and photos with an end goal of increasing conversions, leads, clicks, and social media followers for their clients, attracting and retaining customers through word of mouth and social media presence.
11. Start a screen printing business ($960K/year)
Starting a screen printing business in Tennessee can be a lucrative and rewarding venture, especially given the state's vibrant community of artists, musicians, and small businesses in need of custom merchandise. You could set up shop in your home and serve a wide range of clients, from local bands and breweries to outdoor clothing companies and restaurants. With the right marketing and a commitment to quality, there's significant potential for growth.
Life and Limb Printing, started by Adam Tanaka in Nashville, is a compelling example of success in this field. Tanaka began his screen printing business with no initial financing, and through perseverance and innovation, grew his company to hit $80,000 in revenue in a single month by October 2018. By the end of 2019, Life and Limb Printing was on track to achieve $1 million in revenue. Tanaka's journey from janitor to successful entrepreneur is inspiring, showcasing the possibilities that exist in Tennessee's thriving market. For more intriguing insights into his entrepreneurial journey, check out the full case study.
This case study features an entrepreneur who started a screen printing company with no financing or investors, and despite struggling for the first few years, was able to grow his business to hit $80,000 in revenue in October 2018 and is set to hit $1 million by the end of 2019.
13. Start a subscription box business ($612K/year)
Starting a subscription box business could be a lucrative and creative home-based venture in Tennessee. Urban Tastebud is an exemplary example in this field. Founded by Adam Bryan, this Florida-based affiliate marketing blog focuses on reviewing and ranking a wide variety of subscription boxes, from meal kits to clothing subscriptions. By writing easy-to-read list articles and utilizing social media platforms like TikTok and Pinterest to drive traffic, Adam was able to generate $51,000 a month.
If you have a knack for content creation and social media, you could also start a subscription box business. Urban Tastebud’s success shows that with consistency and creativity, this business model is highly profitable. For more inspiration and details, you can check out the case study on Urban Tastebud.
Urban Tastebud is a profitable affiliate marketing blog specializing on subscription box reviews that now draws in $51,000 a month; the founder started by writing quick easy-to-read list articles and has remained profitable for 9 years by his consistency while focusing on growing his content and using social media platforms such as TikTok and Pinterest to increase traffic.
14. Start a cocktail ingredient business ($540K/year)
If you’re in Tennessee and have a passion for mixology, starting a cocktail ingredient business could be a rewarding venture. You could follow the example of Christopher Thomas, who took over Eli Mason in Nashville, Tennessee. This business focuses on creating high-quality, all-natural cocktail mixers, specifically designed to make classic cocktails like the Old Fashioned easily accessible to home bartenders.
Christopher discovered Eli Mason at a local bottle shop and fell in love with its Old Fashioned Cocktail Mixer, a perfect blend of real cane sugar and premium bitters. By focusing on e-commerce growth and enhancing customer experiences, he transformed the brand into a consistent low five-figure business. To read more about Christopher's journey with Eli Mason, check out the detailed case study.
How Christopher Thomas turned a struggling cocktail mixer brand into a consistent low five-figure business by investing in e-commerce growth and customer reviews, focusing on all-natural ingredients, and revamping the website and packaging.
15. Become a test prep coach ($360K/year)
If you're entrepreneurial-minded and living in Tennessee, becoming a test prep coach could be a profitable home-based business opportunity. A prime example is Granite Education, started by Grantly Neely in Nashville, Tennessee. Granite offers mindfulness-based test prep software and personalized tutoring services, catering to both individuals and schools. With an average revenue of $30K per month and a bootstrap funding approach, Grantly has successfully retained 100% equity in his business.
Granite Education exemplifies how you could create a meaningful and profitable venture by addressing academic stress with innovative solutions. For more details on how Grantly Neely built his thriving business, check out the full case study.
This case study is about a founder who built a profitable education technology and learning center called GRANITE, which offers mindfulness-based test prep software to individuals and schools, with an average revenue of $30k/month and 100% equity retained through a bootstrap funding approach.
16. Create an online course ($240K/year)
Creating an online course is a fantastic way to leverage your expertise and share valuable knowledge with others, all while operating from the comfort of your home. In Tennessee, Austin L. Church, a writer, and brand strategist, successfully launched Freelance Cake, an online business growth course designed to help freelancers and consultants thrive in their careers. This course delivers a decade's worth of hard-earned insights through 22 core lessons, providing a structured learning experience for professionals aiming to achieve financial and personal freedom.
Based in Knoxville, Tennessee, Austin's journey to developing Freelance Cake began after he was laid off during the recession in 2009, leading him to accidentally start a freelance writing business. Over time, he expanded his services, eventually distilling his knowledge into an online course that now generates around $1,000 per month, with plans to scale to $3,000. For more on Austin's story and how he built his course, you can read the full case study here.
Learn how writer and brand strategist Austin L. Church accidentally started his own freelance writing business, and eventually launched his $1K/month business growth course, Freelance Cake, distilling a decade's worth of hard-earned insights on how to thrive as a freelancer or consultant.
17. Start a food tour company ($120K/year)
Starting a food tour company in Tennessee could be a rewarding business opportunity, especially given the state's rich cultural heritage and diverse culinary scene. Secret Food Tours, started by Nico Jacquart, is an inspiring example of how this idea can blossom into a successful venture. This global food tour company, which now operates in more than 50 cities worldwide, originally began in Paris and has seen consistent growth by focusing on authentic, local food experiences.
Nico Jacquart and his partner validated their concept by initially creating a simple website and advertising it to gauge interest. Their quick success demonstrated the viability of the business model, allowing them to invest more resources into developing their tours. In a similar vein, you could leverage Tennessee's unique gastronomy – from BBQ to hot chicken – to create a captivating food tour that attracts both locals and tourists. For more details on how Nico Jacquart got started, you can check out the case study.
Serial entrepreneur Nico Jacquart shares how he and his partner validated and grew a global food tour company with tours in more than 50 cities worldwide, experiencing year on year growth of 100%.
18. Create a wedding planning resources website ($120K/year)
If you possess an entrepreneurial spirit and reside in Tennessee, creating a wedding planning resources website might be an excellent home-based business idea to explore. This type of business leverages Tennessee's thriving wedding industry and allows you to connect with couples looking for cost-effective planning solutions. Jessica Bishop exemplifies this through The Budget Savvy Bride, a successful platform she started in Nashville, TN. Her initiative has grown into an influential community that provides budget-friendly wedding advice and resources while reaching millions of readers annually.
The Budget Savvy Bride began as a passion project during Jessica's own wedding planning journey in 2008. It has since evolved into a leading online destination featured in prestigious media outlets and achieving significant revenue and traffic growth. For more inspiration, you can explore Jessica's full business story in this case study. This example demonstrates how you could build a thriving home-based business right in Tennessee.
The Budget Savvy Bride is a top wedding planning resource and support community that grew from a passion project into a successful business, reaching millions of readers annually and breaking revenue records in 2020 with a 46.6% increase in revenue and a 21.28% increase in traffic.
19. Start a dance apparel brand ($96K/year)
Starting a dance apparel brand could be a lucrative venture in Tennessee, especially for those with a passion for dance and an eye for fashion. The demand for specialized dancewear is robust, driven by various dance schools, competitions, and enthusiastic amateur dancers. Dance Dress Couture, an exemplary business founded by Duffy Betterton in Hendersonville, TN, provides a compelling success story. They launched The Ballroom Box, a quarterly subscription service, targeting ballroom competitive dancers.
Dance Dress Couture offers ballroom dance dresses and accessories, successfully doubling their subscriber base with each new box. Their growth story, including insights on attracting and retaining customers, is particularly inspiring for new entrepreneurs. For further details on their journey, check out their full case study.
Learn how Dance Dress Couture launched The Ballroom Box, a quarterly subscription box targeted to the ballroom competitive industry, and grew it to double the number of subscribers with each box released, while also providing tips on attracting and retaining customers.
20. Start a tour company ($60K/year)
If you’re passionate about the outdoors and enjoy sharing unique experiences, starting a tour company in Tennessee could be an exciting and profitable venture. Leveraging the natural beauty and diverse culture of the state, you could offer specialized tours that cater to both locals and tourists seeking adventure.
A great example of this entrepreneurial spirit is Hobnail Trekking Co., founded by Mark E. Johnson in Nashville, Tennessee. This adventure travel company focuses on facilitating treks to the Mt. Everest Base Camp, turning a side-hustle into an impressive business that has sent 23 Americans on this thrilling journey, grossing close to $60k. For more details on how Mark built this business, check out the full case study.
Hobnail Trekking Co. is a side-hustle adventure travel company that offers treks to Mt. Everest Base Camp and has sent 23 Americans on this journey, while grossing close to $60k since launch.
21. Start a b2b lead generation service ($2.07M/year)
Starting a B2B lead generation service in Tennessee presents promising opportunities due to the state's robust business environment. Tennessee, with its growing economy and diverse range of industries, provides fertile ground for networking and creating valuable business connections. By leveraging your skills in sales, data analysis, and relationship-building, you could help local businesses find high-quality leads, a service that is in constant demand.
Moreover, the scalability of a B2B lead generation service makes it an attractive business model. With the right strategies and tools, you could efficiently manage multiple clients and grow your business significantly. For more details on how to succeed in this venture, check out our in-depth guide and explore successful case studies from others who have flourished in this industry.
A 20-year-old digital nomad and serial entrepreneur shares his journey of starting a successful digital marketing agency, Nomads with Solutions, which specializes in Facebook lead generation, and offers insights on client acquisition, personal branding, and focusing on self-improvement.
22. Start an etsy shop ($570K/year)
Tennessee offers a vibrant and creative community that is perfect for starting an Etsy shop. With its deep-rooted culture in arts and crafts, you could find a plethora of locally-sourced materials and inspiration right in your backyard, making your products stand out on a global platform like Etsy.
Successful case studies from other Etsy sellers in Tennessee show that there is a significant market for handmade goods and unique items. Whether you're crafting jewelry, custom furniture, or vintage finds, the state's diverse culture and high tourism rates provide a fertile ground for your brand to bloom. For more details, check out this comprehensive guide on starting an Etsy business here.
Chasing Planner Peace is a planner company that has expanded from selling planner inserts on Etsy, to offering a one-stop shop customizable planner experience with over 300 inserts, a planner line, and various other related products, gaining a monthly revenue of around $25,000 at its busiest time of year.
23. Start a pet company ($4.12M/year)
Given Tennessee’s growing pet ownership rates and vibrant pet community, starting a pet company could be a highly rewarding venture. From offering grooming services to selling unique pet products, you could tap into a vast market that values the well-being and happiness of their animal companions.
You could run your pet business from your home or collaborate with local shelters, providing flexibility and convenience for both you and your customers. For more insights, check out successful pet business stories. To dive deeper into the specifics of starting a pet company, visit our detailed guide on pet businesses.
Furry Fellas Pet Service LLC is a successful pet sitting and dog walking business that brings in over half a million dollars in sales per year, boasts 3,500-4,000 social media followers, employs 42 individuals and has been voted in the top 3 pet sitting/dog walking companies in the RI/MA area for eight years in a row.
24. Start a startup consulting business ($1.22M/year)
Starting a startup consulting business in Tennessee could be an excellent opportunity given the state's growing entrepreneurial ecosystem. Tennessee is home to numerous small businesses and has several resources like Launch Tennessee that support startup growth, making it an ideal environment for consulting services.
You could help local entrepreneurs navigate the complexities of launching their ventures, providing strategic advice and actionable plans. With your expertise, you could play a crucial role in transforming innovative concepts into thriving businesses, adding immense value to Tennessee's dynamic economy. For more details on startup consulting, check out this guide and explore successful case studies to see real-world examples.
This case study follows the founder of SupportNinja, a company that specializes in providing back-office and customer support outsourcing for tech companies, which generates over $9M ARR, has over 100 clients, and has seen a growth rate of 3,684% in the past 3 years.
25. Start a content creation business ($963K/year)
Starting a content creation business in Tennessee could be an excellent idea, given the state's diverse economic landscape and growing digital presence. With Nashville's booming music industry, Memphis's rich cultural heritage, and the state's thriving small business scene, there are ample opportunities to create compelling content tailored to various industries and audiences.
You could leverage your writing skills to support local companies, enhance marketing campaigns, and drive lead generation. Many successful content creation businesses have thrived in similar environments, providing targeted and personalized approaches to meet unique client goals. Starting this venture from home allows you to maintain flexibility and creativity in your work, ultimately positioning yourself as a valuable asset in Tennessee's digital and business landscape.
Power Move Marketing is an innovative digital marketing company founded by Hailey Brooke McFadden, which has achieved an impressive monthly income of $22,075 and is projected to make almost $300,000 in its first year, by offering a one-stop-shop for e-commerce businesses looking for a marketing powerhouse with a female positive culture.
26. Start a business coaching ($4.69M/year)
If you have a knack for unlocking potential and guiding others to success, starting a business coaching service in Tennessee could be an excellent opportunity. Tennessee’s business landscape is thriving, with a variety of growing industries that could benefit from skilled coaching, making it an ideal state to launch your venture.
By offering tailored advice on leadership development, productivity, or market strategies, you could play a crucial role in helping local businesses overcome challenges and achieve their goals. The demand for business coaching is on the rise, and with dedication, you could build a rewarding career while expanding your professional network. For inspiration, check out these successful case studies to see how others have made their mark in this field.
MentorCruise is a career coaching marketplace generating $24k MRR and processing $1M annually for mentors, with most traffic and sales coming from SEO and organic sources, currently looking to expand to the B2B market.
27. Start a niche fashion business ($392K/year)
Starting a niche fashion business in Tennessee presents a fantastic opportunity for entrepreneurial-minded individuals. The state's vibrant culture and increasing support for local businesses provide a fertile ground for fashion brands that cater to specific, untapped markets. With the fashion industry projected to reach $1.002 trillion by 2025, you could capitalize on this trend by offering unique and specialized items that cater to niche demographics.
Moreover, Tennessee’s diverse population and growing arts scene create a perfect ecosystem for fostering creativity and innovation in fashion. Leveraging these dynamics, you could build a niche fashion brand that stands out and meets the evolving preferences of modern consumers. For more insights on how to establish a successful niche fashion business, check out our detailed guide and explore successful case studies on Starter Story.
This case study showcases the journey of Tradlands, a women's clothing brand generating $134k in monthly revenue, which was started with just $15k, and grew through email marketing, Instagram, and influencer collaborations.
28. Start a skin care product line ($1.32M/year)
Starting a skin care product line in Tennessee offers numerous opportunities due to the state's diverse demographic and increasing interest in natural health and wellness products. With the skincare industry projected to grow consistently, you could tap into a lucrative market by offering unique, high-quality products tailored to the preferences and needs of local consumers.
Additionally, Tennessee's thriving entrepreneurial community and supportive network for small businesses could provide you with valuable resources and partnerships. To gain inspiration and learn best practices, you could explore successful case studies from other skincare entrepreneurs. This could help you navigate the competitive market and find your niche within this booming industry.
Two moms start a side hustle selling all-natural body products, doubling sales since their launch in 2017 with over 75 craft shows, promoting a non-profit source for their shea butter and self-promotion through podcasts, lining up retail interest from exposure.
29. Start a supplements company ($4.71M/year)
Starting a supplements company in Tennessee could be a lucrative venture for entrepreneurial-minded individuals. With the state's growing emphasis on health and wellness, you could tap into a market of fitness enthusiasts, health-conscious individuals, and wellness influencers who prioritize daily nutrition.
Tennessee's low cost of living and business-friendly environment provide a great backdrop for starting a home-based supplements business. Considering the relatively low startup costs and potential to scale online, you could run this business from the comfort of your home. For more details, check out some successful case studies and a comprehensive business idea guide.
A military officer turned entrepreneur built sports nutrition brand Bare Performance Nutrition from $15,000 in year one to on track to generate $6m in revenue this year, leveraging social media platforms and creating interactive, relatable and valuable content to create a community and a brand voice.
30. Start a subscription box business ($1.17M/year)
Starting a subscription box business in Tennessee could be an excellent entrepreneurial opportunity due to the thriving local market and diverse population. With a variety of local products and crafts available, you could create niche subscriptions that highlight Tennessee's unique cultural and culinary offerings, appealing to locals and tourists alike.
Tennessee's strong sense of community and support for small businesses can enhance customer loyalty and word-of-mouth marketing. This business model, known for its profitability and customer retention, could thrive in such a vibrant state. For inspiration, you could explore successful case studies to understand how others have effectively launched and scaled their subscription box businesses.
Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.
31. Start a digital agency ($2.23M/year)
Starting a digital agency in Tennessee could be a fantastic business idea, especially considering the state's growing entrepreneurial landscape. With the increasing demand for businesses to establish a robust online presence, your expertise in digital marketing, advertising, or technology could help local companies reach their goals more effectively. Plus, working from home offers significant flexibility and reduces overhead costs, making it easier for you to manage and scale your business.
Moreover, the global digital agency market was valued at nearly $305B in 2020, and its future growth prospects remain high. Given these promising market conditions, a digital agency could be your gateway to a profitable and impactful business. For more insights, you can explore successful case studies on this model.
How this founder started a $100K/month guaranteed transcription service for medical, legal, law enforcement, financial, academic and general business industries, winning the NASPO ValuePoint transcription services contract over 26 other companies and learning valuable lessons about getting a coach and getting as much PR as possible.
32. Start a furniture business ($2.48M/year)
Starting a furniture business in Tennessee could be a highly profitable endeavor due to the state's burgeoning real estate market and increasing demand for flexible workspaces. By tapping into the robust local economy and the growing trend of remote work, you could offer unique, high-quality furniture that caters to both home offices and commercial spaces, thereby attracting a diverse range of customers.
Moreover, the initial investment to start a furniture business is relatively low, and you could specialize in various niches such as luxury items, domestic furnishings, or custom office furniture. For more detailed insights and to explore successful case studies, check out our page on the furniture business and stories of successful entrepreneurs in this field. This preparation will help you identify the right market, plan effectively, and create a product line that stands out in Tennessee.
Sasha Weekes, owner of Timber Grove Studios, turned her fine arts and cabinetmaking education into a successful home-based woodworking business that grew from a side project to netting 20-50% profits month-to-month and up to $10,000 in sales during peak periods through Etsy, with her company's growth continuing to increase through other social media outlets.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
