Most Profitable Small Business Opportunities in Houston
Are there major lucrative small business ideas in Houston Texas? Houston is a major American metropolis and is the most populous city in Texas with its citizens coming from diverse cultures and religious backgrounds.
This global city has a sound industrial foundation in energy supply and aeronautics as well as strength in science, medicine, media, business, fashion, international trade, culture, technology, entertainment, sports and education.
The city of Houston has a dynamic economy with several top business opportunities at every corner to the extent that,specialists say Houston would rank as the world’s 30th biggest economy if it were an autonomous nation.
With a large population as potential clients,you only need an intriguing and well planned idea that will return extraordinary benefits.
The following are 20 most profitable small businesses in Houston TX:
1. Car Wash Business
Nobody likes to be seen cruising around in a dirty car, so car owners are always willing to pay you to wash and make their cars shine like its brand new. This is highly lucrative as an enormous portion of Houston inhabitants own cars which implies a great demand for car wash services. You can simply hire someone to do the washing while you take a cut of the profit or wash it yourself if you do not mind getting your hands dirty.
With the increased usage of the internet for business advancements and additional profit comes a growing demand for authentic content writing services as more people and organizations are setting up new websites everyday for different purposes. Along these lines, you can profit a lot by creating web content like articles, blog entries, public statements, ebooks, social networking designs and so on.
3. Online Marketing
Online marketing techniques like social media marketing and content marketing are becoming more useful to several businesses, even in Houston. This is to help them build their brands and it reflects the increased demand for online marketing specialists, SEO experts and more. As someone with good skills in online marketing, setting up your own particular organization may be the correct alternative for you.
4. Electronics Sales and Repairs
Setting up a viable business that offers this service is a very profitable self employment idea as more organizations continue to outsource part of their operations including the repair of office electronics and computers.
You need to understand the market and your key competitors by periodically undertaking market surveys so you can develop affordable pricing alternatives and an advantage over your competition. There are several schools offering computer and software programs available on the internet for you to get the latest training.
5. Transcription Services
These services are in great demand as over 90 languages are spoken all through the city of Houston due to its rich and diverse culture. You can offer charges in return for your services to organizations and offices and all you need is to know a few more languages efficiently.
6. Consulting for Small Businesses
Most upcoming business owners have little knowledge in starting their businesses on their own and require the consulting services of an expert to help them develop their management techniques, marketing and profits.
As a consultant with expertise in finance, sales or marketing, you can offer personal development training and this ensures your services will always remain in huge demand as more investors will require your help when faced with problems in their business operations.
7. Chocolate Store
You can make a lot of money by taking advantage of the growing addiction of chocolate in the city of Houston by setting up a chocolate franchise that offers everything from chocolate confectioneries to fruit-flavoured chocolate to even chocolate pizza and make them into different shapes like cars, animals and so on.
Are you looking for a business idea with enormous returns? Then think real estate, this business is highly profitable in the city of Houston and the two profitable areas in real estate are; Development and Apartment leasing.
This business ranges from private homes, workplaces to different business and corporate offices and so on but it requires a large amount of investment to start although it can easily be recovered within a short time from profits.
9. Content Marketing
One of the great businesses to do in Texas is Content Marketing which involves creating content for website owners and admin for branding purposes or business advertising, sales and SEO marketing.
Websites and blogs are created on a daily basis all over the world and freelance article writing business is in such a high demand, that many people including students in Houston make thousands of dollars creating content like tweets, blog updates, ebooks, press releases and articles.
10. Data Entry Services
This job is not for everyone but it is in high demand as most organizations hire services to do the repetitive data-entry work effectively. If you have the skills for this particular job, then create a company to be hired by others requiring your services.
You can team up with a group of like-minded individuals with your particular skill-set and grow your market by getting work done from freelance data entry operators all around the world.
11. Errand Services
These services are only available in certain cities for now and are employed by only a few companies like TaskRabbit but can be very profitable if you are ready to do the tasks in your local area. Offering your services specifically to senior citizens would increase your profits as this demographic is not as ready to get around and would also benefit from having somebody to run some neighborhood errands for them.
12. Local Tour Consulting Services
Those who have a strong passion for local history and lore can become local tour consultants and start off by simply offering tours of your city or particular history locales inside your city. The only requirements you may need to get started with are some local referrals to start with, a good website with your tour information and proper licensing from the necessary city authorities.
To attract more tourists to your booming business, it would be good to collaborate with your local visitor’s bureau.
13. Logo Design Services
Graphic designers who prefer not associate themselves with large projects may consider becoming a logo designer as the projects are usually basic and easy to understand and also have available tools to work with from the start. To begin building your portfolio, you can start by contacting nearby organizations, non-profit organizations or government offices for work and choose to expand your services by offering logos and other illustrations for brand uses on social media profiles.
14. Cab Services
The City of Houston, with an area of almost 1600km sq. has three airports and thousands of passengers with a lot of luggage transporting themselves on a daily basis. You can profit from this business by providing your cab services from airports to homes/final destinations and vice versa and requires only a capital investment in a few vehicles to earn huge profits.
15. Hostel Accommodation
Most people come to Houston for various reasons but mostly because they are in search of education or a job and may require accommodation services later on. Building or renting a hostel in the core of the city will benefit you greatly and this requires very little investment to generate huge profits.
16. Dog Breeding and Training
The pet business is a huge industry as you may have noticed if you have been paying attention to this list from start to finish, this is because the demand for dog training is always high as most households desire pets. One way to maximize profits in this business is to offer both home and mobile training as you can train the pets in the home setting and also in a social setting like a dog park.
17. Gift Shops
This gift business is mostly seasonal as profits tend to soar during the festive periods like Christmas, Valentine, Thanksgiving, Halloween and sales can be made through out the whole year. Although this business has been around for a long time in Houston, there is still space for more players so if you feel this business is for you, why not try it?
18. Daycare and Nanny Service
The demand for day care and nanny services is increasing as divorce rates are skyrocketing and more housewives opt to ease the financial burden on their husbands by taking up jobs as well. As long as you take good care of their children, nursing mothers are always willing to pay you for your services.
19. Restaurant or Bakery
There is always a huge need for food as people just love food, sometimes stuffing their bellies full to bursting limits while craving for more especially when it comes down to “fast food”. So if you have a passion for cooking and the skills to match, then this new self employment food business idea will be perfect for you as your services will never be forgotten.
20. Fitness Center
Houston inhabitants like other Americans, are sensitive to their health. As their awareness of certain health risks related to fitness like obesity, hypertension, diabetes and more increases many of them are turning to fitness centers and coaches to avoid the health risks. These results to the huge demand for any health and fitness related products and services.
It is pertinent for young entrepreneurs to always conduct proper feasibility studies and project plans before starting out Houston small businesses. These would guide the business executioners on the right path to achieve unique business growth and development.