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Are you ready to enter the exciting world of entrepreneurship? There are so many open doors just waiting for you to walk through them. The state of Nevada has plenty of options. Many people think of Las Vegas when they think of Nevada. And though there are plenty of options in the infamous city, there are also plenty in other parts of the state. If you are trying to determine the best business to start in Nevada, we have some great ideas.
There are a lot of things to consider when choosing the best business in Nevada to start. The most profitable business ideas are not always the best. It is important to take your passions and business resources into consideration. Here are ten lucrative business types in Nevada that might appeal to you.
In 2020, the national bed and breakfast industry was worth approximately $3.4 billion dollars and included more than 17,000 inns. Bed and breakfast inns are more intimate and homey than large chain hotels. There is a reason that Hallmark Christmas movies don’t usually take place at the DoubleTree or the Best Western. Add personality and decorative flair to make your Nevada bed and breakfast unique and welcoming.
This one takes some skill and creativity, but jewelry-making can be a very lucrative business. There are many different kinds of jewelry. Consider something trendy but also something timeless and unique. Once you have the tools needed to actually create your pieces, consider marketing efforts to get the word out. You can have a storefront, an online shop that ships, a local market presence, or a little of everything!
The weather in Nevada is generally pretty conducive to cycling. The national e-bike industry has a projected compound annual growth rate of 12.27% from 2021 to 2026. E-bikes are electric bicycles that can often go up to 20 miles per hour without peddling, though there are different types of e-bikes. This is a great mode of transportation for people visiting or wanting to go on a fun adventure with a friend.
A sustainability or environmental consultant helps businesses make informed decisions about their impact on the environment. Consumers are becoming increasingly conscious about how their purchases affect the Earth. This includes everything from carbon emissions to sustainable packaging to recycling to efficient transportation. According to the US Bureau of Labor Statistics (BLS), sustainability consultant employment will grow 11 percent from 2016 to 2026, which is faster than the average for all occupations.
Starting a successful clothing line takes commitment and vision. If you are interested in fashion or have a background in graphic design, this could be the best business to start in Nevada. One of the best things about a clothing line is that you can start small with just a few designs or styles and determine what consumers want. You don’t necessarily need a storefront, which cuts down on costs.
Nevada is a travel hotspot not just for those coming in and out of Las Vegas. As people come and go, their pets may not always be able to join them. Your pet hotel can be as posh or basic as you want. Just like human hotels, there can be plenty of options for upgrades. Consider fancy treats, grooming facilities, play areas, and more. Over the decade ending in 2017, sales of pet care services doubled, to a total of $5.8 billion, according to 2017 Economic Census statistics.
Do you have a fun idea for something people would like to receive in the mail monthly? Everyone loves getting packages sent to their home with enjoyable surprises. Some successful subscription services include coffee, healthy snacks, fitness items, candles, hygiene products, and more. Monthly curated boxes of goodies can be a great way to build a business in a certain industry.
The vast majority of people do not enjoy cleaning. Since the beginning of the COVID 19 pandemic, cleanliness has taken on a whole new level of importance. Startup costs can be fairly low depending on the services you provide. Basic cleaning products and equipment are a great place to start. You can also choose to expand or specialize. The business can be as big or small as you want it to be.
You do not need a college degree to be a personal trainer, but there are certification programs that will make you more marketable. These can be acquired relatively quickly and at a lower cost than many trade school programs. Consider renting space at a studio, traveling to client homes, conducting group classes in parks, or starting an online program. For someone who enjoys being active, this could be the best small business in Nevada.
SEO is the concept of optimizing your website and other aspects of your online presence so that people can find you. It is crucial for most businesses and especially for those that operate primarily online, direct-to-consumer sales. If you are knowledgeable about digital marketing and SEO, this is a great job to start from anywhere. Many SEO consultants have a home-based business.
There are so many opportunities for you to discover the best business to start in Nevada. With a solid business plan and business resources, the sky’s the limit. Here are the reasons these ten options have such potential:
The best business to start in Nevada should be the one that you enjoy the most. Business opportunities are available in every industry, but the key is to find something that combines profitability with something you can see yourself doing or at least managing if you hire employees.
There are a lot of factors that go into deciding the best place to start a business in Nevada, but here are a few cities we recommend:
It is important to note that depending on your business, you do not have to live in Nevada to start a business there. In fact, with the growing prevalence of remote operations, you can be located nearly anywhere, provided you have internet access, for many business types.
Choosing your business is the fun part, but there are still some boxes to check. One of the first is deciding what kind of business to form. Whether you want to start a limited liability company (LLC) or a corporation with your new business idea, we can make the process easy with our Nevada Limited Liability Company Formation Service or Nevada Corporation Formation Service. We can even help you Compare Different Business Structures.
Once you have established your business, we can help you stay organized and on track with our Worry-Free Compliance Service. You already have enough to think about. Starting a business should be mostly fun and not always stressful. That’s why we’re here.
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.
Nevada is one of the best states to start a business. The cost of living is lower than in states like California or New York, and it is generally a tax-friendly environment. There are also business assistance programs for specific needs.
Creating a long and short-term business plan helps to establish goals and strategies for growth.
There are hundreds of franchise opportunities available in Nevada. There are websites dedicated to pairing potential business owners with franchise opportunities in the state.
The best online business to start in Nevada depends largely on your business skills and business resources. However, a business owner can find a lot of success with online sales.
There are many choices for the best business to start in Nevada when you want to work from home. Online sales and certain food services can be great options for a home-based business. You can start these businesses with little overhead and easily build a steady customer base.