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58 Profitable Small Business Ideas in the United States in 2024

Do you want to start a business in the United States of America? If yes, you are in the right place. Here in this article, we list down the most profitable business ideas in the USA that can be started with little money.

However, choosing the right business opportunity is most critical wherever you decide to do business. Here we have compiled trending and profitable small business ideas you can start with less money in the United States of America.

The fulcrum of US culture is the American Dream. Americans believe that every individual can succeed and prosper financially by working hard. This belief contributes to a strong work ethic and a system that is merit-based.

American business culture is also characterized by a heavy emphasis on individual initiative and achievement. Personal competence, professionalism, and accountability for individual performance are highly appreciated.

Broadly, there are three ways to start a small business in the United States. They are starting a business from scratch, buying a franchise, or buying an existing business.

58 Small Business Ideas in the USA

1. Become A Transcriber

According to research conducted by the international marketing research firm MarketsandMarkets, the speech recognition industry is expected to reach $12 billion by the end of 2022. The job of a transcriber is to convert an audio file into a text document. If you are interested to become a professional transcriber, check our detailed article on How to Become A Transcriptionist and make money.

2. Cleaning Services

With a wide growing market, the cleaning service business can be segregated into two different markets. One is domestic or household and another is commercial or office cleaning. This is definite that you will be paid higher by your commercial clients. You can start this business from your home location and on a part-time basis also.

3. Become a Life Coach

There are many individuals who love to share pains and provide counseling to other people. If you are the one having a similar attitude and are passionate about helping people, becoming a life coach is a rewarding business.

Read:  How to Start a Life Coach Business

4. Daycare

Full-time work engagement of parents has turned the daycare service into a profitable business. You can start small from your home location and then gradually grow into a commercial business. In the United States, you must have a proper license and permission from the Government Authority to start your own day service business.

5. Fitness Center 

The Fitness center business demands careful planning and research. It is an industry that continues to be lucrative for small businesses and entrepreneurs globally. The fitness center industry will hardly see a recession ever, and an individual having knowledge and experience in the fitness center industry can initiate this business with a little capital investment in the USA.

6. Mobile Food Truck

The mobile food truck business opportunity in nature is different from a normal restaurant in two major ways. One is you are moving and you don’t have a retail location. The second is you are going to the customers. A person having minimum experience in the food service industry can initiate this venture in the city area.

7. Freelancing

Freelancing has a great business opportunity for people who are looking to work on a part-time basis. If you have expertise and skill in a specific subject, with so many opportunities available in the United States of America to work on, you can start freelancing today with whatever you are good at.

8. Handyman Service 

The handyman service industry is generally provided services to the house owner and commercial clients. This business is emerging and highly profitable.

Some of the popular handyman service business ideas are air conditioning service, aluminum door & window making and repairing, antique furniture refurbishing, appliance repair service, blind cleaning, basement remodeling, cabinet making, etc.

9. Home Appliances Renting

Home appliance renting is a new trending business that can be started in any metro city where people generally relocate for their professional requirements.

It’s an innovative and lucrative business model for startup entrepreneurs in the United States of America where you can simply rent out different home appliances including furniture and electronic equipment for monthly rent.

10. Image Consulting

The image consulting business is about providing advice to your clients about beauty makeovers, clothing fitness, color basics, and instructions.

You will help your clients how they can enhance their self-confidence which helps them to look and act their best professionally. Image consulting is a self-rewarding and exciting career to start with.

11. Jewelry Making

Increasing awareness of fashion and style has made jewelry making an immensely potential business opportunity for entrepreneurs in the USA. A person having a creative mind, knowledge about current fashion trends, and a passion for jewelry can start a jewelry-making business.

12. Landscaping

A landscape expert is someone who has enough knowledge about landscape architecture. The practice of landscape architecture includes site analysis, site inventory, land planning, planting design, grading, stormwater management, sustainable design, construction specification, and ensuring that all plans meet the current building codes and local and federal ordinances.

13. Marketing Copy Writing

If you can plan and build creative online campaigns and content for your clients— you can have a successful marketing copywriting business in the United States of America. You will have to create social media campaigns, apps, mobile contests, videos, email distribution, search engine optimization, online media ad buys — or a mix of all of the above.

14. Mobile Salon

Mobile salon businesses provide services to people who just can not make time in their busy schedules to allow themselves the luxury of salon service, especially when they work full-time or in old age. A person having interest and training in beauty and cosmetology could provide this service where he/she bringing the salon service to a person’s home or any desired location like an office, hotel, or hospital.

15. Online Selling

If you are an expert with any specific product, you can start online selling the business from your home. You can source that finished product from the manufacturer and can sell these products from your own website or from other online marketplaces.

16. Party Service

A party service business is one of the most profitable opportunities one can start with some basic management and marketing skills. The party service business is in high demand in the USA, where you can also offer services of food & beverages, catering, flower arrangement, decoration, sitting arrangement, photography, DJ, etc.

17. Sell Personalized Products

If you are someone who can create personalized products, you might consider starting a personalized product business. It includes candle making, specialty soap making, specialty cake making, crocheting, glass etching, scrapbook making, gift basket, etc.

18. Property Management

If you live in a location that attracts so many absentee property owners, you can start a property management business of your own. Your main responsibility will be keeping watch and taking care of those properties when the owners are not there. Apart from maintenance, you will need to take care of the different property taxes that need to be deposited on time.

19. Recycling Pickup

Recycling pickup is one of the most profitable small business opportunities in the United States. In your product category, you can include any type of recyclable items right from e-waste to any junk. You can start this business with wholly recyclable products or with a specific niche.

20. Smart Phone Repairing

As the smartphone market is increasing rapidly worldwide, it creates a huge opportunity in starting a smartphone repair business. This business is quite easy to start. You will need to have proper skills and expertise.

21. Finance Consulting

Finance consulting includes various different finance-related services. Having proper expertise and knowledge, any individual can start this business home-based also. In the USA, it includes insurance, investment planning, tax consulting, bookkeeping, business consulting, collection agency, expense reduction analysis, and a lot more.

22. Translation Service 

The translation is fast becoming a highly potential web-based business offering opportunities for making money online. With ever-increasing net connectivity and globalization, knowing and understanding other languages have become extremely vital in keeping pace with the speed of society.

23. Upholstering

If you have proper skills, knowledge, and experience in furniture and upholstery management, you may start this business part-time also. In this business, your customer can come from both two sectors; residential and commercial. Proper pricing and marketing strategy are important in this business.

24. Wedding Consulting 

Wedding consulting or wedding planning business may come naturally to someone who is organized and focuses on details. In the last decade, the need for professional wedding consultants has grown exponentially. Today, people are often too busy juggling the demands of their professional and personal lives to oversee the details necessary to create the wedding of their dreams.

25. Woodworking

Wooden craft-making business can be initiated from home. Different innovative boxes, spoons, candle stands, bookshelves, sitting arrangements, home decor items, toys, photo frames, jewelry, cutting boards, and so many other products can be made like wooden crafts. Wooden craft making is one of the most trending and profitable small business opportunities in the United States.

26. Graphic Designing Company

Ads, logos, fillers, and different sorts of graphics are always in high demand. Companies generally tend to outsource and work on a contractual basis with graphic design companies. If you can have your small setup, you can start as a creative graphic designing agency at a minimal cost.

27. Social Media Consultancy

Businesses now happen over the internet, and companies look for such firms who can handle their social media channels while they can focus on their business. You can set up your own social media consultancy with very less investment to outsource your service.

28. Marketing & Promotional Services

Often small companies look for such firms who can help them with their promotional activities. If you think you can get creative with how people market and promote, there’s gold hidden in this marketing service industry.

29. E-commerce Store

Instead of a physical store, it’s always better to start with an e-commerce store. This gives you a more wide audience and requires a very small investment. You can start with a niche product and grow gradually in the market.

30. Writing Services

Companies look for creative writing agencies that will help them with their writing needs. The services are basically contract-based jobs, and you can line up your clients to deliver some quality writing by successfully establishing your writing business.

31. Computer Training Centre

The growing market of AI, ML, and coding has again pushed back the focus on computer training. You can open a center and hire a few professionals to teach computers and train them. This requires a small investment but works really well in the long term.

32. Property Management Services

As a property manager, you are going to make sure that the properties owned by your clients are satisfied. You will act as a middleman carrying out all the responsibilities and making sure that the properties are safe and are being well-maintained.

33. Event Management Company

Event hosting and managing events is a growing business in the USA and you can offer your services in your area and surrounding places. Start small, and start investing as you grow and make more money.

34. Currency Trading Agency

Currency trading does need some experience, and even if you don’t know much, there are free tutorial videos and courses available offering easy guidelines on how you can become a currency trader and start your own agency.

35. Tutoring Services

If you are good at something, it’s high time that you start teaching that to someone else. There are a lot of apps available where you can find who needs such services around you or your area, and you can start your tutoring business.

36. Printing Business

If you can print at a low cost, you can rapidly grow your business. This will require some investment, but even if you can print something on your own and work as a contractor for other companies, the printing business is a money-spinner.

37. Organic Farming Business

With more people opting for organic farm fresh food primarily due to health reasons, the market for organic products is growing at a rapid rate. The organic farm business requires a small investment, but you can sell these products at high margins.

38. Shipping Business

The business may require some sort of investment, but it’s one of the most successful industries with the least failure rates. The shipping business mainly involves creating a proper network of distribution channels and delivery zones.

39. Investment Firm

If you are someone who keeps a track of the market and knows what’s happening around finance, the private equity business is one of the most lucrative businesses. With growing investors and a wide range of direct funds, investment firms are now a big hit among both equity companies and customers.

40. Crypto Trading Agency

As more people are moving into the business of cryptocurrency and its trade, bitcoins are now the hottest investment option for most investors. The future is bright, and crypto trading agencies will outperform other investment firms soon.

41. Catering Business

Catering service will provide you an opportunity to get access to a commercial kitchen and have your own team of servers and some assistant cooks to start. The catering business requires a small investment and the overhead costs are also much more manageable.

42. Restaurant Business

Starting a small restaurant requires a little investment, and the market has a lot of scopes. The restaurant business is one of the most lucrative businesses, but you will have to work hard to gain customers. An established restaurant chain is going to be a money-spinner for you in long term.

43. Digital Marketing Agency

As more companies are going digital, everyone is in need of a good digital marketing agency that will help them to establish their online market. You can start a successful digital marketing agency with very less investment.

44. Elderly Care Facilities

The elderly population in the USA is growing at an apparent rate and there’s a huge market for good elderly care facilities. The business idea has a lot of scope, and you can hire staff to offer such services at affordable rates.

45. API Management Firm

The API helps companies to get access to their data from their platforms. As an API management firm, you will help companies to manage their data and integrate it with APIs. Google has different APIs where you can pull data.

46. Website Development Firm

The growing age of the internet has opened up a huge market for website development companies. Learn a few skills online for free and start as a freelancer. If you see you are getting good at it, set up your own facility, and market, and hire other designers for a full-fledged business.

47. Wedding Planner

The wedding planning business will require skills like party planning, event coordination, and hospitality. If you have good organizational and communication skills, you can start your own wedding planner business at a very nominal cost.

48. Custom Baking Business

If you are someone who can bake well or a good cake designer, you can start your own custom bakery business. You can even work out of a non-commercial home kitchen, but you will have to meet the health requirements.

49. Pet Grooming Services

Time has crunched up for people and pet owners now need pet groomers to visit their homes to offer pet grooming services. With a small investment, you can start your own pet-grooming facility mobile service to clients.

50. Accounting Services

The demand for accounting or bookkeeping services may have slowed down in the past few years, but good accounting service providers are still hired by companies to do their balance sheets or are called to audit their trading accounts and accounting records.

51. Health Care Consulting

Healthcare consulting requires proper knowledge and certification in health care. This is a highly profitable business and you can operate this business from home or from any commercial place also. To start your business in the USA, you need to obtain a federal tax identification number, also known as an “EIN.”

52. Adventure Tourism

Adventure tourism is perfect for those who are aspiring entrepreneurs and avid lovers of outdoor tourism, and with so many exotic locations in the United States of America, one can turn this into a profit-making venture. This type of tourism activity generally takes place in strange, exotic locations where thrill-seeking travelers always expect unexpected happenings.

53. Tree Service

There is a good demand for tree service experts in the United States. The primary job in this business is to install or remove trees on behalf of property owners. Other services that are provided are tree pruning and trimming. If you have some experience in the tree care industry, this business can fetch you good returns.

54. Greenhouse Business

Greenhouse business owners generally sell products related to gardening and landscaping.  It can be plants, seeds, flowers, vegetables, and many more. Both homeowners and business owners can be your buyers.

55. Hydroponics Store

The use of hydroponics is a new way of growing plants. This method does not require soil to cultivate. As a hydroponic store owner, you will be selling different types of hydroponic equipment and related supplies to customers.

56. Pet Care

For the last few years, the number of pet owners is growing in the USA. If you love pets, starting a pet-related business can fetch you good returns. some of the pet care businesses you can start are as follows;

  • Pet Sitting
  • Pet Breeding
  • Dog Walking
  • Pet Shop

57. Create Online Courses

Since the pandemic, the demand for online education has grown exponentially in the United States of America. If you are an expert on a specific subject, consider creating online courses for students. You can sell those courses on online education platforms like Udemy, Coursera, Teachable, etc.

58. Buy a Franchise

Franchise business opportunities in the United States of America continue to grow as the franchising model of business has turned into a powerful economic growth driver.

Read: Best Franchise Opportunities Under $50k

As per a report from Statista, there were around 792,000 franchise establishments in the United States in the year 2022 contributing roughly economic output of $827 billion. Furthermore, the total number of employees working employees under franchise businesses was almost totaling almost 8.5 million.

Industry sectors like Personal Care, Maintenance, Pet Care, and Quick-service Restaurants are dominating the franchise opportunities in the United States of America

These are the selected business opportunities you can consider starting in the United States of America. Find the one which fits you most and start your business right now.

Frequently Asked Questions

Which business is fast growing in the USA?

The 5 major fastest-growing industries in the United States are Energy, Security, Commercial Banking, Insurance, and Real Estate.

What services are in high demand in the USA?

The top in-demand services in the United States are accounting, tax advice, business consulting, legal advice, and web development.