It’s the easiest business to start. You’ll gain valuable business experience. You’ll learn how to satisfy customers.
In the process you might even discover a product to create. Meanwhile, you are earning money and can set aside a financial stake to fund a different kind of business later on, if you wish.
This comparison table provides a quick summary of the article, highlighting why a service business is the easiest type to start, especially for beginners. It contrasts service businesses with other business types in terms of startup cost, launch speed, revenue speed, and profit margin.
|Type of Business||Startup Cost||Time to Launch||Revenue Speed||Profit Margin|
Still need ideas for the easiest business to start? See these hundreds of business ideas to choose from. Good luck!
All answers to reader questions come from the Small Business Trends Editorial Board, with more than 50 years of combined business experience. If you would like to ask a question, please submit it here.