50 Profitable Small Business ideas.Do you live in a small town, village or rural area and you want to know the best business to start? If YES, here are 50 highly profitable small business ideas for small towns in 2017.
When it comes to starting a business, there are loads of factors that are expected to put into consideration before going ahead to invest in any business. Amongst the factors that needed to be considered before starting a new business is the size / population of the city town you intending starting the business, the level of competitions you are likely going to face, and of course the availability of market for you services or products.
What is a Small Town or Rural Area from an Entrepreneur’s Perspective?The definition of a small town varies, but on the average, a small town is a town that has people in hundreds or thousands but less than a million. Usually business activities and social life in a small town is always on the low and interestingly, you are likely going to find more of older folks say 50 years and above in small towns than you are going to find youths.
No doubt, there are businesses that can do pretty well only in bigger cities so also there are businesses that can thrive pretty well in small towns. So if you are resided in small towns or if you intend traveling to a small town to start your business, then you will find this article very useful.
Here are 50 business ideas that an aspiring entrepreneur who is looking towards starting a business in a small town should consider starting;
50 Highly Profitable Small Business ideas for Small Towns
- Open a Grocery Store
This type of business is simple to set up and it is indeed a profitable business. You might not make huge profits from this type of business, but you are sure of maintaining steady cash flow on a daily basis. If you choose to start this type of business, ensure that you conduct market survey in order to know the types of products to stock your store with. The truth is that if you stock your store with what the people around do not need, you will struggle to make sales.
- Water Refill Station
- Sale of Call Cards and Data Bundles
Depending on the country you reside, there are several telecommunications companies that you can deal in their call cards and data bundles. Selling call cards and data bundles is a simple, easy to establish retail business that does not require any skills. As a matter of fact, this type of business can thrive in any location as long as there are people who make use of mobile telecommunication and the internet.
- Start a Gourmet Business
- Drinks and Table Water Retailing Business
- Open an Ice Cream Shop
There would be the need to go acquire the training of making ice-creams. This is very vital and means that you will need to arm yourself with the knowledge of how to make different types of ice-creams flavors.
Even if you don’t have the required capital to rent and equip a shop, you can operate a mobile ice cream shop. Mobile ice cream shop will give you the opportunity to change location per time and to go to places where you know you are likely going to generate sales.
- Open a Restaurant
Any business person who gets involved in the food industry is sure to get good returns on investment if the business is well positioned. One good thing about the restaurant business is that an owner has the sole right to determine the price they want to sell their menu irrespective of what others around them might – especially if they are good with the delicacies they whip up.
There are various kinds of restaurants you can choose to start if you are interested in opening a restaurant. Here are a few examples; we have fast food restaurants, intercontinental restaurants, local restaurants, family style cafeterias, casual dining restaurants, and fast casual restaurants, amongst others.
- Open a Vegetable and Fruits Mart
This type of business does not require any special skills to run and it is important to state that if you stock your mart with varieties of fruits and vegetables, you can easily attract customers. You have to however, have good business acumen.
- Retailing of Frozen Food Mart
It is important to state that the location you choose to start this type of business will go a long way to determine if the business will become successful. The ideal place to locate this type of business is market place or residential estates et al.
- Open a Meat Mart
- Retailing of Food Stuffs
As a matter of fact, one of the retailing businesses that you can start that is likely going to thrive with little or no effort on your part is food retailing business. This is so because food is considered as the number one need in the Maslow hierarchy of human needs.
- Open a Bookshop
If you are considering starting this type of business, aside from the fact that you will be operating your bookshop from a facility (brick and mortar store) it will be to your advantage to also maintain an online book shop. It will give the online community an opportunity to patronize your bookshop.
- Open a Retail Pharmacy Store
Pharmacy retailing business is one of the few retailing businesses that are highly regulated. Before you can start this type of business, you will be required to secure permits and license from the regulatory bodies in your country or city.
- Retailing of Bread
- Open a Hospital /Medical Centre
- Open a Maternity Center
It is important that you would need a license from the required medical regulatory authority before you can legally operate a private maternity center in the United States and in most countries of the world.
- Open a Veterinary Clinic
- Elderly Care Business
So if you are thinking of starting this type of business, then it will pay you to conduct a thorough feasibility studies and market survey before choosing a location for this type of business. Demography matters a lot when it comes to position this type of business. Of course a small town that is populated with retirees and aging people are most suitable for this type of business.
- Auto Repair Garage
As long as people use their cars and trucks regularly, there will always be reasons for them to visit an auto workshop if indeed they want these vehicles to continue to ply the roads. This is because you can never rule out wear and tear when a machine is in use. People visit auto garages for different reasons; it could be for routine servicing, major repair works, or for refurbishing their cars. For whatever reasons; auto repair garage will always translate to money for the owner of the repair garage.
- Car Wash Business
- Sale of Auto Spare Parts
If you are looking for a business to start in a small town and you have interest in the automobile industry, then you should consider starting your own auto spare parts sale business. Although you don’t need a college degree to establish your own auto spare parts store, but you would need some form of informal training, you might have to work as an apprentice with someone who owns an auto spare parts store.
It makes it easier for you to learn the ropes and how to manage your own auto spare parts stores. It is important to point out that auto spare parts business is one the businesses that can’t go out of fashion simply because of the role it plays in the auto industry.
- Start an Adult Education Center
- Fish Farming Business
Over the years, quite a few people have made fortunes from fish farming, as the population is swelling and protein needs are far outstripping the available supply. Before now, people find it easier to rear only catfish, but in recent time fish farmers can comfortably rear tilapias, trout and salmons fish et al. All you need to get started is a space, tanks or ponds, fingerlings and fish feeds et al.
- Poultry Farming Business
- Open a Consignment Store
- Start a Landscaping Business
Landscaping business just like Lawn care business is not one of those businesses that someone can start and make big money from without truly working pretty hard and smart. Any entrepreneur who intends starting his or her own landscaping business and making huge profits from it must be very creative and must be ready to go the extra mile to convince clients that he or she can deliver an excellent job and he or she must prove beyond every reasonable doubt that they are competent.
- Offer Lawn Care Services
It is important to state that Lawn care and maintenance business falls in the category of seasonal businesses; the industry experience downtime during the winter period and in most states in the US. In general, the demand for lawn care services is usually at its peak in the spring and generally between April and October. Which is why lawn care company are always everywhere sourcing for lawn care business deals within this period of the year.
- Start a Plumbing Business
- Go into Home Painting Business
So if you are looking towards starting a business in small town, a business that requires very minimal start – up capital and a business that you can successfully operate alone or with one or more employees, then one of your options is to go into home painting business. It is important to state that you would be required to acquire training as a painter before you can successfully launch this type of business.
- Start Repairing Computers
- Start Repairing Smart Phones
- Start a Community Vigilante Group
- Open a Carpentry Shop
- Start a Roof Maintenance and Restoration Business
It is the duty of roof maintenance and restoration companies to help fix leakages in roofs and also to replace worn out roofs with new ones. So if you are looking for a construction related business to start in a small town, then one of your options is to start a roof maintenance and restoration business. It is safe to classify this type of business as post construction maintenance business.
- Become a Forex Trader
- Freelance Writing Jobs
- Open a Cosmetic Shop
Just like any other retail business, location is an important factor that determines the success of the business. So before making a choice as regards where to rent or lease a shop to start your cosmetic retailing business; ensure that you conduct thorough market survey and feasibility studies.
- Motel and Lodge
As a matter of fact, before tourists visit a tourist town, part of their findings will be how to locate the nearest hotel and lodge in the town. The truth is that if a small town lacks standard hotels and lodge, they are likely to attract fewer visitors. So as an investor, if you are looking towards starting a business in a small town, then one of your options is to invest in hotels and lodge.
- Photography Business
- Organize Carnivals and Other Related Events in Your Community
- Open a Barbing Saloon
- Open a Beauty Salon
It is worthy to note that if you do not know jack about the hair, that you can go acquire some trainings. This is so that you can be able to give your clients the very best.
- Dog Breeding Business
If you are looking towards setting up your kennel, ensure that you source for dog breeds that are highly marketable in your area. It is important to state that it is easier to sell puppies than to sell adult dogs.
- Fumigation Services
- Baking and Selling of Cookies
- Music, Movies, Computer Games and Apps Download Center.
- Buying and Sell On eBay
Just like most online business, your location as little or no influence on your business, so you can start this type of business in a small town. As an aspiring entrepreneur, you can successfully start this type of business with little cash and no experience in business. In test – running this type of business, you can start by buying and selling used books that are highly marketable.
- Electronics Repair Shop
All you need to do is to rent a shop in a good location in a small town and then setup your shop and advertise your electronics repair business. If you are lucky to be one of few electronic repair technicians in your community, you will sure make good money from this type of business.
- Open a Microbrewery
In order words, any entrepreneur that has some cash and brewing technique can comfortably start his or her own microbrewery business. Generally, the selling point for microbrewery is characterized by their emphasis on their unique flavor, the quality of their beer and their brewing technique.
- Open a Community Based Gym House
It is true that starting a business in a small town can be somewhat discouraging. This is none other than the fact that the level of competition might not really make one attract the number of clients they envisaged. So, you have to do some thorough homework to arrive at the best .Things like feasibility studies, mentor-ship with an expert or consultant all will help broaden your horizon.
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