Top 15 business ideas to start in 2024

2024 is poised to be transformative for budding entrepreneurs. If you're eyeing the ecommerce sector, there's a treasure trove of innovative online business ideas waiting to be explored. From eco-friendly products to the booming health and wellness industry—the opportunities are plenty.

This article delves into the top 15 profitable business ideas that could promote your success this year. Plus, we introduce you to Gelato's scalable on-demand production services, a perfect partner to help you launch and grow your business effortlessly.

• 2024 offers numerous lucrative business opportunities across various industries, focusing on sustainability, health, and digital services.

• Print on demand is a flexible and scalable option, suitable for entrepreneurs looking to offer customized products, like t-shirts or canvas wraps.

• Eco-friendly products and services align with growing consumer demand for sustainability, providing a profitable niche market for a successful business.

• Launching an online business can be streamlined by leveraging tools and services that offer scalability and ease of implementation.

• Gelato’s on-demand production services provide an ideal solution for new businesses to minimize inventory and production costs.

Looking to start your own business in 2024? Here are 15 of the best business ideas to inspire and guide you on your entrepreneurial journey.

1. Print on demand

Print on demand (POD) has transformed the way businesses handle inventory and distribution. Particularly beneficial for entrepreneurs with limited capital, POD eliminates the need to carry physical stock, thereby reducing upfront costs. 

Here are more reasons why up-and-coming entrepreneurs should consider this: 

• Scalability: Easily scale your business by quickly adapting to customer demand without the hassle of traditional production methods.

• Customization: Offer a range of products and designs, allowing personalization that can attract a broader audience.

• Quick turnaround: Products can be produced and shipped swiftly, enhancing customer satisfaction.

• Flexibility: Test new designs or product lines with minimal risk, as you can effortlessly update your offerings based on market trends.

Gelato’s print on demand solutions empower you to take full control of your inventory and cash flow, optimizing your business operations. By leveraging Gelato's global network, you can reach customers worldwide with localized production, ensuring faster delivery and reduced carbon emissions. 

2. Eco-friendly products and services

As consumers become increasingly aware of the environmental impact of their choices, eco-friendly products and services present a promising business avenue in 2024. 

Here are some advantages of going green: 

• Reduced environmental impact: Eco-friendly products help reduce waste and conserve natural resources, positively contributing to the planet.

• Market demand: There is a burgeoning demand for sustainable goods, providing a robust customer base for new businesses.

• Brand reputation: Companies prioritizing sustainability often enjoy better reputations and stronger customer loyalty.

• Innovative opportunities: The market for eco-friendly products is ripe for innovation, allowing you to introduce unique and cutting-edge solutions.

3. Health and wellness products

This market offers vast opportunities, from organic supplements to fitness gadgets and wellness apps. If you’re looking to tap into this growing sector, here are some advantages to consider: 

• Recurring revenue: Products like supplements and skincare often lead to repeat purchases.

• Wide range of products: You can offer items ranging from vitamins and essential oils to fitness equipment and mental wellness apps.

• Personalization: Customizable options such as personalized diet plans or fitness programs can set your business apart.

• Strong online presence: Health products perform well in ecommerce, facilitating direct customer engagement and marketing.

4. Coaching and consulting business

As businesses and individuals continue to seek specialized guidance to enhance their growth and performance, the demand for coaching and consulting services has surged. This business model allows you to leverage your expertise while helping clients achieve their goals.

• Scalable services: You can expand your reach with online sessions and group workshops.

• Low startup costs: You often need a reliable internet connection and a laptop to get started.

• Flexible scheduling: Set your own hours and work from anywhere, offering greater work-life balance.

• Customization: Tailor your services to meet each client's unique needs, enhancing satisfaction and loyalty.

5. Personal training business

As a personal trainer, you can offer customized fitness plans, one-on-one coaching, and nutritional advice. This business can be operated both in-person or online, making it a versatile option for those looking to enter the health and wellness sector. 

Here are some benefits:

• Flexibility in scheduling: Set your own hours to fit around your personal commitments.

• Personalized service: Offer tailored fitness plans that meet individual client needs, increasing customer satisfaction.

• Low startup costs: You can begin with minimal investment in equipment and expand as your client base grows.

• High demand: With growing awareness about health and fitness, the demand for personal trainers is rising.

6. Financial services

With the growing complexity of financial markets and the increasing need for personalized advice, many businesses and individuals seek expert services to help manage their wealth and financial planning. 

Here's what makes the financial services sector attractive for new entrepreneurs:

• High demand: Financial services are always in high demand to manage personal and business finances, ensuring a steady stream of clients. 

• Recurring revenue: Many financial services are subscription-based or require ongoing management, providing a reliable income stream.

• Expertise-driven: If you have specialized knowledge, you can leverage your expertise to offer premium services and charge higher fees.

• Diverse opportunities: From fintech startups to traditional advisory roles, the financial sector offers varied avenues to explore.

7. Personal chef services

As more people prioritize convenience and healthy lifestyles, personal chef services have become a booming industry. This is a great business idea that allows you to offer tailored meal plans, personal cooking services, and gourmet experiences right in your clients' homes. 

Here's why you should consider this idea:

• High demand: With busy lifestyles, many individuals and families need convenient, healthy meal solutions. 

• Customizable offerings: Tailor your services to meet specific dietary needs or preferences, helping clients achieve their wellness goals.

• Recurring revenue: Establish long-term relationships with clients who regularly require your services.

• Low startup cost: You can utilize existing kitchen equipment and ingredients, making it easier to get started with minimal investment.

8. Sustainable travel and ecotourism

If you're passionate about sustainability and adventure, starting a sustainable travel and ecotourism business might be your ticket to success in 2024. 

Here's a look at the advantages:

• Positive impact: Ecotourism allows you to promote conservation efforts and support local communities while offering unique travel experiences.

• Differentiation: Offering sustainable travel options sets your business apart from traditional travel companies, making it easier to attract conscientious customers.

• Government support: Numerous governments provide incentives and support for eco-friendly businesses, easing your initial startup efforts.

• Scalability: Ecotourism businesses can start small and expand by adding more sustainable destinations and experiences over time.

9. Virtual assistant services

With the rise of digital technologies, virtual assistants can perform various tasks remotely, from administrative duties to specialized projects. 

Here's a look at the advantages of these new-age assistants:

• Flexibility: Virtual assistants can work from anywhere, making adapting to different time zones and business needs easier.

• Cost-effective: Hiring a virtual assistant can be more economical than maintaining a full-time in-house staff, as you only pay for the hours worked.

• Access to diverse skill sets: Virtual assistants often come with varied expertise, allowing you to find specialized skills for specific tasks.

• Increased productivity: Delegating routine tasks to virtual assistants allows you to focus on more strategic aspects of your business.

10. Home improvement and decoration

Whether it's renovating a kitchen or updating a bathroom, homeowners are constantly seeking ways to enhance their living spaces. 

Here's a look at the advantages of this venture: 

• Diverse market: From small apartments to large houses, every home can use improvements and decor, ensuring a broad customer base.

• High-profit margins: Quality home improvement services can command premium prices, allowing for excellent profit potential.

• Creativity and customization: This business venture allows you to offer unique and customized solutions tailored to individual tastes and preferences.

• Repeat business: Satisfied customers will likely seek additional services in the future, providing consistent business opportunities.

11. Landscaping business

Starting a landscaping endeavor in 2024 can be a highly profitable small business idea, especially with the rising demand for outdoor living spaces and garden aesthetics. 

Here's a look at the advantages:

• Low startup costs: You don’t need a commercial space or a large team to get started, just basic equipment and relevant skills.

• Scalability: As your business grows, you can offer additional services such as garden design, maintenance contracts, and tree care.

• Seasonal flexibility: This type of business allows you to take advantage of different seasonal needs, offering services such as snow removal in winter and planting in the spring.

• Environmental impact: You can contribute positively by promoting eco-friendly landscaping practices like xeriscaping and sustainable gardening.

12. Cleaning services

Maintaining a clean and tidy living or working space is a challenge for many. As a result, there is a growing demand for professional cleaning services. 

Here's a look at what this business idea can offer:

• Low startup cost: Starting a cleaning service business requires minimal investment in equipment and supplies, making it accessible for many aspiring business owners.

• Flexible schedule: Cleaning services can be offered on a schedule that suits both the business owner and the clients, providing ample opportunities for part-time or full-time engagements.

• High demand: With busy lifestyles, more people are outsourcing their cleaning needs, ensuring a steady stream of potential clients.

• Repeat business: Cleaning services often lead to recurring contracts, providing consistent income and long-term client relationships.

13. Event planning business

Big and small businesses in event management have become essential for orchestrating unforgettable experiences, from weddings and corporate events to birthdays and anniversaries. 

Here's a look at the advantages:

• Low startup costs: You can start small, leveraging your network, and scale up as your reputation grows.

• Flexibility: Depending on your strengths, you can choose to specialize in specific types of events or offer a broad range of services.

• Creative fulfillment: Every event is unique, providing you with endless opportunities to express your creativity and innovation.

• Networking opportunities: You'll connect with various vendors, clients, and professionals, expanding your business and personal network.

14. Pet-related business

From pet grooming and training to innovative pet products, there's a wide range of options to cater to the needs of pet owners who are always seeking the best for their furry friends. 

Here's a look at the advantages:

• Growing market: The pet industry is growing steadily, ensuring a robust customer base.

• Diverse opportunities: Whether it’s pet grooming, pet-sitting, or offering unique pet products, the possibilities are extensive.

• Loyal customer base: Pet owners tend to build lasting relationships with businesses that offer excellent service for their pets.

• Room for innovation: By focusing on sustainability and convenience, new product ideas and services can quickly capture the market.

15. Social media management

Social media management continues to be a lucrative and growing field, especially as more business owners recognize the power of social platforms for brand building and customer engagement. 

Here are the advantages of getting into social media management:

• Low startup costs: With just a computer and an internet connection, you can manage social media accounts from anywhere.

• Scalability: This business can easily scale from managing a few accounts to a large-scale operation handling multiple clients.

• Versatility: Offer services ranging from content creation and scheduling posts to running ad campaigns and analytics.

• Flexibility: Social media management can be done remotely, allowing you to work from anywhere.

Choosing the right business idea is an important first step in your entrepreneurial journey. While the selection process may seem tricky, focusing on your skills, passions, and market demands can help guide you. 

Here are some key factors to consider when selecting a business idea: 

• Alignment with skills and interests: Choose a business that aligns with your skills and passions to ensure greater satisfaction and persistence.

• Market demand and profitability: Evaluate if there’s a real demand for your product or service and whether it can be profitable.

• Low startup costs: Ideas with minimal initial investment lessen financial risk and allow flexibility in scaling up.

• Flexibility and innovation: Business models that leverage flexibility, like Gelato's print on demand platform, enable you to adapt to changing market dynamics.

Gelato’s print on demand solutions offer a dynamic gateway to starting an online business with ease. With options to print on t-shirts, mugs, wall art, phone cases, tote bags, and photo books, you can cater to diverse consumer needs. 

Need help creating designs that pack a punch? Gelato’s personalization studio allows you to create unique, branded items with pack-in cards and labels, elevating your brand visibility. Benefit from local printing and optimized global shipping for faster delivery times.

Ready to get started? Sign up for Gelato today and choose a subscription plan that suits your needs. Your entrepreneurial journey begins here!

What are the best small business ideas?

The best small business ideas for 2024 include print on demand, eco-friendly products, virtual assistant services, and personal training. These ideas cater to growing market demands, offer low start-up costs, and can be easily scaled. Leveraging on-demand production services like Gelato can help you streamline your operations.

What's the easiest business to start?

The easiest business to start often involves a low initial investment and minimal operational skills. Print on demand services stand out as a prime example. With platforms like Gelato, you can effortlessly design and sell custom products without worrying about inventory, making it an excellent choice for beginners or those with smaller budgets. 

How do I start a business with no ideas?

Figure out what you love to do and then study the market trends. Research what’s in demand and brainstorm how your skills can meet those needs. From there, determine whether you’ll offer a specific service or sell a product.