The A-Z of Popular Business Startups: A State by State Guide (Infographic)


Most Popular and Profitable Small Businesses Across the US

So many small businesses start as a dream. But what types of businesses are entrepreneurs currently dreaming about starting? Online equipment marketplace Bid on Equipment recently created an infographic showing the types of businesses that are most popular with prospective entrepreneurs and current business owners. Here’s a rundown of the findings.

Advertisement

Most Searched Business Types

If you want to know what types of businesses prospective entrepreneurs are thinking about starting, take a look at their searches. Here are the types of businesses that people are researching online.

Clothing Line

There are lots of fashion savvy potential entrepreneurs out there. There are about 8,510 monthly searches on average from those looking to start clothing lines.



Restaurant

Restaurants also remain a popular business idea, with 5,940 monthly searches.

Food Truck

But some are also looking to start more updated, less expensive food businesses. About 5,570 each month perform searches related to starting food trucks.

Record Label

There are lots of musically inclined entrepreneurs out there as well. 3,080 per month search for information on starting a record label.

Daycare

And others are more interested in building a business where they can take care of kids. There are about 2,370 searches per month related to starting a daycare business.

Unusually Popular Business Types

Some business ideas are steadily popular no matter the location. But others tend to be more popular in some states than other. Here are a few of the business types that are unusually popular in certain states or regions.

Brewery

Breweries seem to be popular businesses for people located in western states, especially Montana, Wyoming and Colorado.

Dog Walking Business

On the other hand, dog walking seems to be a popular type of business for those in the Northeast, especially Massachussetts and New Jersey.

Gym

Gyms are also popular with a couple of Northeast states, including Maine and New Hampshire. But there were also a couple of other states with a lot of interest in gyms, like Mississippi, South Dakota and Nebraska.

Catering Company

A lot of the businesses included in the infographic were popular with entrepreneurs in more than one state. But Maryland was an outlier. It was the only state where starting a catering business seems to be an especially popular choice.

Property Management Company

Another outlier, property management seems to be especially popular in Alaska.

Most Profitable Small Businesses

Of course, sometimes choosing a business is more about profitability than anything else. If you’re looking to start a business that can make a lot of money, here are some of the most profitable types of small businesses.

Accounting

Managing money seems to be a good way to make lots of your own. Accounting, tax preparation, bookkeeping and payroll services were named as the most profitable types of business.

Management of Companies and Enterprises

You can also make lots of profits by managing companies and enterprises.

Real Estate

Real estate is another profitable business type that also happens to be popular in a lot of states.

Automotive Equipment Rental and Leasing

For those interested in breaking into the automotive industry, offering equipment rentals and leasing can be a profitable way to do so.

Legal Services

And offering legal services, while it does require lots of education and time, is another profitable type of business.

Most Common Small Businesses

And finally, here’s a look at what types of small businesses entrepreneurs are actually starting.

Bookkeeping

As mentioned earlier, bookkeeping is one of the most popular businesses to start. And apparently plenty of entrepreneurs are taking notice, since bookkeeping is the most common type of business being started currently too.

Computer Repair

Computer repair is another popular business type, since there’s a huge market for those repair services and so many types of devices you can specialize in.

Car Repair

Additionally, car repair is an area with a lot of demand and a lot of interest among business owners.

Web Design

Web design gives entrepreneurs a way to work with other business clients and potentially even work from home or remotely.

Restaurant

And restaurants, among of the most popular business types in terms of online searches, remain a common business to start as well.

Best States to Start a Small Business

You know what they say is the most important factor when it comes to starting a business: location, location, location. So what are the locations where entrepreneurs might want to focus their new business efforts?

North Carolina

With a relatively low cost of living and high quality of life, North Carolina ranks as the top state to start a business.

Utah

Utah is next on the list, mostly thanks to a great labor market and lots of startup activity.

Texas

Low taxes top the list of reasons why Texas is a great place to start a business.

Indiana

Indiana is another state that ranks highly in terms of the labor market and startup activity.

Montana

And Montana offers a low cost of living mixed with an active labor market.

Jobs Expected to Grow Most by 2024

On the job front, there are also plenty of areas seeing growth. And they might offer insights into growing industries for entrepreneurs as well.

Wind Turbine Service Technicians

It seems that renewable energy is a fast growing field, as wind turbine service technicians were found to be most in demand.

Occupational Therapy Assistants

Occupational therapy assistants help occupational therapists provide a variety of therapeutic services to individuals who need help performing meaningful activities.

Physical Therapist Assistants

Physical therapy is a fast growing niche within the medical field.

Physical Therapy Aides

In fact, it’s growing so quickly that both assistants and aides made it onto the top of the list.

Home Health Aides

And finally, home health aides who provide in-home medical services are also in high demand.

Most Popular and Profitable Small Businesses Across the USImages: Bid On Equipment

6 Comments ▼

Annie Pilon - Staff Writer


Annie Pilon Annie Pilon is a Senior Staff Writer for Small Business Trends, covering entrepreneur profiles, interviews, feature stories, community news and in-depth, expert-based guides. When she’s not writing she can be found on her personal blog Wattlebird, and exploring all that her home state of Michigan has to offer.

6 Reactions

  1. Aira Bongco

    It is about time that something like this comes up. It is very important to consider all the locations in the country and how they differ from each other.

  2. It is nice to see that it is not just about the location but also the business types as well. This is interesting and is a good case study in case you want to put up a business in a particular location.

  3. So it still depends on the location huh? Well, people’s interests vary depending on their culture I guess.

Leave a Reply

Your email address will not be published. Required fields are marked *

*