Best Businesses to Start in Georgia

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Georgia Best Businesses

Small businesses are a crucial part of Georgia’s economy. 43.14% of the state’s workforce is employed by small businesses.  A survey in 2021 gave Georgia an A- rating for overall small business friendliness. This survey took into consideration ease of entry, hiring, and regulations. So if you’re considering starting up a company, Georgia is a great place to start.  

Are you excited thinking about the prospect of starting a new business? We’re excited too. If you haven’t decided on what you want to do, we’d love to help you determine the best business to start in Georgia. There are a couple of things to take into consideration when you are asking yourself “What is the best business to start in Georgia?” The answer depends on your interests, resources, personal strengths, and industry trends. Our startup business resources and services can help you get started quickly. 

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Once you’ve determined the kind of business to start, you’ll need to determine your business structure and start the process of formation. We can make this easy with our Georgia Limited Liability Company Formation Service or our Georgia Corporation Formation Service. If you aren’t sure which structure is best for what you do, we can help you Compare Different Business Structures

The Most Profitable Small Business Ideas in Georgia

Not only should you strive for a lucrative business, but also something sustainable and interesting. Here is a list of business ideas in Georgia. 

Idea #1: A Bakery

Who doesn’t love cookies, cupcakes, bread, and other delicious baked goods? There are so many directions you can go, from custom cakes to regional pastries or specialty items. Find a great location where people can’t resist walking by the smell of warm cookies or establish a robust online presence to help you generate custom orders. 

Idea #2: Moving Company

According to the 2019 U.S. Census, Georgia was one of the top five states for relocations. People love to move to our great state! With a lot of people moving in and around the state, a moving company could be a great idea. Whether you are doing the heavy lifting yourself with a partner and a truck, or hire a staff of strong people and purchase a fleet of moving vehicles, there’s a lot of potential for success if you start a moving company in Georgia. 

Idea #3: Daycare

Daycare is a basic need for many families, despite the new trend of working from home. Increased regulations have kept some facilities from returning to regular pre-Covid19 capacity, which means that there could be higher demand and higher prices for childcare. Some people just love working with children and being able to give them back at the end of the day. If that’s you, daycare could be the best business in Georgia to start. 

Idea #4: Coffee Shop

The world runs on coffee. Though chain coffee shops are nice for consistency, many consumers prefer to shop local and support small businesses that compete with big chains. A 2021 study on coffee shops in Georgia analyzed the most caffeinated cities in the state. But regardless of what city you launch your shop in, you can stand out from the pack by providing quality coffee with a great ambiance for gathering, working, or studying. Coffee is a morning routine for countless Americans. They have to get it somewhere, and it might as well be from you! 

Idea #5: Training School 

This one is for people with teachable skills like dance, martial arts, music, or other things that people want to learn. Make sure that teaching is something you enjoy, or this could get tiresome. Opening a training school can be one of the most profitable business ideas in Georgia and a great way to make money doing something you love. 

Idea #6: Food Truck

If you love to cook but hesitate to jump right into owning a full restaurant, a food truck is a great place to start. According to statistics provided by Smallbusinessgenius.net, 31% of entrepreneurs started a food truck business as a concept test before opening a traditional restaurant. But that doesn’t mean you have to have full restaurant aspirations, some entrepreneurs love running food trucks and are happy to continue for many years. Food trucks provide great flexibility, and the ability to keep trying new menu items and locations.

Idea #7: Photography

The best business to start in Georgia for someone who knows their way around a camera may be photography. A photography business can be as big or small as you want it to be. You can have your own studio, or meet your clients at a photogenic location. If you don’t have a studio, start-up costs are fairly minimal and include equipment like a camera, multiple lenses, a tripod, and editing software. 

Idea #8: Digital Marketing Firm

Every business has digital marketing needs, even if they don’t know it. An all-encompassing digital marketing firm usually has a web developer, graphic designer, content writer, SEO specialist, ad manager, and business development manager. These could all be you, or you could hire people with expertise in these areas. If you aren’t ready to hire full-time employees, consider hiring contractors. Because you don’t have to know everything, this could be the best small business to start in Georgia. 

Idea #9: Pet Sitter

Statista projects that pet care (excluding veterinary) services in Georgia will amount to approximately 160,7 million U.S. Dollars by 2024. This steady increase is encouraging for animal lovers who want to build a business around fur babies. Pet sitting can be done at your own home or someone else’s. Many pet sitters charge according to the pet’s needs, their experience, and competitors in the area. For a true animal lover, this could be a good business to start in Georgia. 

Idea #10: Event Planning

There are a lot of things to do in Georgia. If you’re the type of person who loves organizing and discovering new fun things, event planning may be the best business to start in Georgia. The Peach State is a hotspot for events. A recent report found that the majority of the nation’s Event Planners and Coordinators are located in New York and Atlanta, GA.

What are the best small businesses to start in Georgia?

The type of business you choose to start depends on a lot of factors personal to you. Here are some of the reasons that these 10 are at the top of our list: 

The best small business to start in Georgia is going to be different for everyone. Consider what you’re passionate about and what you enjoy doing. Profitability is important, but so is your sanity. If you like what you’re doing, it is less likely to feel like work. 

Best Cities in Georgia for Starting a Business

If you’re looking for the best place to start a business in Georgia, here are five cities to consider: 

Whether you determine the business or the location first, it’s important to make sure the two are aligned with what the specific community needs.

Why Form Your Business With Us?

Starting a lucrative business requires more than just a great idea. We’re here to support your entrepreneurial journey with tools and resources designed to help you succeed. After you decide on the best small business in Georgia for you to start, our Georgia Business Formation Service can help you file important paperwork and get you set up quickly. And it doesn’t stop there. We can help you stay legally compliant throughout the life of your company with our Worry-Free Compliance Service. You already have enough to think about. We’re here to make things easier, wherever we can. 

Disclaimer: The content on this page is for informational purposes only, and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.

FAQs

  1. Why are Georgia industries booming?

    Georgia has one of the lowest business tax rates in the nation when compared to other states. Growing urban communities welcome new opportunities and ideas.

  2. How do Georgia business owners grow their business?

    Creating a long- and short-term business plan helps to establish goals and strategies for growth.

  3. What franchise opportunities are there in Georgia? 

    There are several growing companies throughout the state. It’s important to research which franchises are currently growing and profitable while taking a detailed look at franchise agreements.

  4. What is the best eCommerce business to start? 

    There are countless options when it comes to online businesses. Keep in mind whether you’ll be providing a service or a product, and how far you’re willing to extend your client base or shipping region. Many businesses of all industries find success with online sales.

  5. What’s the best business to start at home? 

    There are many options for the best business to start in Georgia when you prefer to work from home. Service-based businesses like house cleaning, pet sitting, digital marketing, and others require little overhead.

Most Profitable Small Business Ideas

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