25 Best Small Business Ideas For Women In 2024

If you are a woman who has always dreamed of becoming an entrepreneur but couldn’t pursue your passions because of unending responsibilities, then this guide on 25 Best Small Business Ideas For Women will change your life.

Who said you need to have a physical store or a lot of time to run a successful business? There are all kinds of opportunities available in the market, and you are going to explore a new world of business today.

25 Best Small Business Ideas For Women

How to Choose The Best Business For Yourself As a Woman?

Did you know that one in five businesses that generate a revenue of $1+ million is owned by women? In fact, between 2017 and 2018, 1800 businesses were started by women each day, and you can too run the business of your dreams but with the right choices.

So when embarking on a new business venture as a woman, you must ask yourself these questions to find out which business will be the best suited for you.

What do you like?

To sustain anything for long and to keep going when things get tough, you must like what you do. Especially when opening a business, you will most likely have this choice.

So think about your interests and hobbies and then choose a business for yourself. A business driven by something you like resonates with customers more.

How much time can you give?

Building a business requires time, and you will have to dedicate that energy and focus to building your business.

If you are juggling a business with a full-time job, then maybe opening an online business such as a thrift store could be a great idea.

However, if you can donate long hours, then you can even consider something like a candle-making business.

What is the motive of your business?

Knowing why you started will help you in the long run. Maybe you want to leave your toxic job or fund your child’s education. Or maybe you want to continue a family legacy or make a difference.

Find out why you want to do a business and use it as an anchor to remind yourself why you started in the first place when things get rough.

What are you good at?

You might be aware of the skills you possess. Maybe you have a knack for writing or photography. Or maybe you are good at baking or dancing.

Of course, you might have some other skills that are not so apparent. Maybe you are good at management or have a great sense of humor.

Figure out what you are good at, and then try to find a business option in which you can use this skill of yours.


25 Best Small Business Ideas For Women In 2024

1. Beauty Salon

Beauty Salon

Average Earnings: $45,377 to $534,640

If you are good with things like hairstyles, manicures, pedicures, etc., then opening a beauty salon could be a great small business idea for you.

However, for this, you will need to get trained and certified depending on the state you live in. You might also have to obtain the necessary licenses.

Once you get the needed training and permission, you can either start your salon at your home or, for better results, rent out a place. It is best to take this business slow and scale it up as you make more clients and money.

2. Dog Grooming

Dog Grooming

Average Earnings: $30,000 to $100,000+ a year

Did you know 66% or 86.9 million households in the U.S. have a pet?

This means that offering pet grooming services such as washing pets, clipping their nails and fur, etc., could be a profitable business for you.

If you have the needed experience and capital, then you can either rent out a place, hire a few people, and go all in, or you can offer pet grooming services at your client’s house.

3. Sell on Amazon

Sell on Amazon

Income Potential: $1,000+ a month

Selling on Amazon may seem like a daunting thing to do, but it is not. Millions of people are selling stuff on Amazon, and you can too. You can sell whatever you want on this platform. It could be clothes, accessories, footwear, household items, kitchenwear, etc.

How to get started?

  • All you need is to find a supplier for the items that you would like to sell.
  • The next step is to create a seller account on Amazon.
  • Once your account is created, you will now do your listings on the platform. This involves adding images, descriptions, prices, and other details of the item.
  • Now, in order for your products to be visible on Amazon, you will need to run ads. After this, you will start receiving orders.

4. Open an Online Thrift Store

Online Thrift Store

Income Potential: $30,000 to $100,000

What is an online thrift store?

An online thrift store basically involves selling used or almost new clothing items, accessories, etc. This business idea requires you to spend zero or very little money, and you can do this whenever you are free.

Did you know the current thrift store market in the U.S. is $14.2 billion, and this is expected to grow by 98.31% by 2027, making this a good time to get into this business?

Starting a thrift store business is very easy. All you need is:

  • A good camera or smartphone camera
  • A Facebook or Instagram account

How to get started?

  • To get right into this business, you first need to find a supplier of thrifted clothes. You can either look for a market in your area that sells this, or you can get the inventory from an importer. You can also sell your own clothes initially.
  • Once you have the items to sell, you simply need to sort them out and get them washed and ironed if needed.
  • Then, you need to click the pictures of these items and create an account on Instagram or Facebook.
  • Now, post the pictures of these items along with their price and description and find people to follow.
  • The one who likes it will comment and send you a D.M., and then you can complete the online transaction.

5. Dropshipping

Dropshipping

Income Potential: Unlimited

What is it?

Dropshipping is a type of business in which you sell products of your choice without hoarding the inventory yourself.

So, in a dropshipping business, you simply act like a face or a brand, and the packing and shipping of all the orders that are placed are taken care of by the supplier of your choice.

Average earnings in the Dropshipping business

The profit margin in a dropshipping business is ideally 10-30% of sales. And in the first month, dropshipping business owners make $1,000 to $3,000 a month.

How to get started?

Here’s how you can build a successful dropshipping business:

  1. Select a niche: Think of what you want to sell. It could be anything from clothing to handbags to shoes, accessories, etc.
  2. Do your research: Do the needed research on the niche that you have picked in order to find out how much competition you will have to face.
  3. Find a supplier: In a dropshipping business, the most crucial part is finding a reliable supplier. This is because your supplier will be responsible for packing and shipping the items. He would also be responsible for the quality of the items being sold. Alibaba is a great platform to find a dropshipping supplier.
  4. Create an online store: Once you have it all figured out, it’s time to build an online store. You can either create your own website for this or create a store on platforms like Shopify.

6. Car Rental Business

Car Rental Business

Income Potential: $300-$600 a month

If you want to start a business but don’t have enough capital or time, then renting out your car could be a good idea for you.

In any month, you can expect to make $300-$600 by car rental business and if you rent out a vintage or luxury car, then you can even make up to $1,000. You can utilize platforms like Turo for the same.

Other car rental platforms include:

  1. Uber
  2. HyreCar
  3. Lyft
  4. Getaround

Alternatively, if you have a minivan or a truck that you have no use for, then you can rent that out to Amazon by registering on the Amazon DSP program. Some additional ways in which you can earn money from your vehicle and build a business around it include:

  1. Shop for groceries
  2. Use a rideshare app
  3. Wrap your car with advertising
  4. Tie up with a food delivery service
  5. Help move large objects
  6. Rent your vehicle out
  7. Operate as a shuttle service

7. Photography

Photography

Income Potential: $22,000 and $52,000 yearly

Suppose you have a knack for photography, then consider building your talent and skills into a business. For this, you can either start slow by working on a freelance basis or by working on sites for different projects.

If you already have a portfolio and enough capital, then you can even open your own photography studio. This business idea is great for women. All you need is a good camera and a knack for good photography to get started with less.

You can also sell your pictures to magazines or stock image platforms and receive a commission on each sale. Even for editing, you can use online tools such as Adobe, Lightroom, etc.

What do you need to get started?

  • A camera
  • Editing software
  • Knack for photography
  • Editing knowledge

8. Daycare Center

Daycare Center

Income Potential: $67,884 a year on average

A Daycare center is also called a Nursery, which offers supervision and care for kids and babies during the daytime so that their parents can go to work.

With the rising inflation, dual income has become a priority for most parents, making this a great opportunity for you to get into this business.

If you are good with kids, then starting a daycare business could be ideal. You can hire one or two people and charge on a per-hour basis or a weekly or monthly fee.

How to get started?

Depending on where you live, you might have to get a license or complete the necessary training to start a daycare.

9. Soap Making Business

Soap Making Business

Income Potential: $30,000 and $50,000+ per year

Many people are getting into organic products, including switching to organic soaps. You can use this opportunity to create a small soap-making business as a woman.

Since the essential ingredients that go into soap making are inexpensive, you can start this business for under $1,000.

Do your research and learn soap-making by taking a course, perhaps, before you invest your money.

Once you master the skill, you can build a brand and sell your products online on either Amazon or on other channels such as Shopify, Etsy, etc.

10. Candle Making Business

Candle Making

Income Potential: $37,500 to $91,500 annually

An alternative to the soap-making business is the candle-making business.

The candle-making industry is worth $7,562.83 million today and is expected to grow by 5.26% by 2028, so consider getting into this business.

You can take up a simple course to learn how to make a perfect candle and get started right after.

Cost to start a candle business

You can expect to spend anywhere between $9,500 to $78,000 to start a candle-making business.

Types of candles that you can sell:

  • Scented candles
  • Soy candles
  • Paraffin candles
  • Decorative candles
  • Vegan candles, etc.

11. Freelance Writing

Freelance Writing

Income Potential: $20 to 60/hr

What is Freelance Writing?

Freelance writing involves writing different kinds of things, such as blogs, articles, newsletters, e-books, emails, etc., for a company, agency, or individual.

This could be done on a project or contract basis. If you are someone who has a knack for writing, then becoming a freelance writer could be great for you.

You can work remotely and work from anywhere, anytime, making this a great business idea for women who need flexibility in timing. Once you start getting a lot of clients, you can hire writers under you and even open an agency in a few years.

How to become a freelance writer?

  • Build a portfolio: To find work as a freelance writer, you will need to show proof of work. So start by building a writing portfolio.
  • Get testimonials from your client: Make sure you get testimonials from your first few clients and include these in your portfolio for future gigs.
  • Start client hunting: Once you have your portfolio ready, it’s time to look for clients.

Where to find freelance writing jobs?

  • Join LinkedIn or Facebook groups.
  • Use freelancing platforms like Upwork, Fiverr, etc.
  • Send cold messages and emails to your target clients.

12. Become a Jewlery Designer

Jewlery Designer

Income Potential: Undefined

If you are an artistic person with a great sense of jewelry designing, then consider becoming a jewelry designer and creating a business out of it as you receive more and more work than you can possibly fulfill alone.

There are all kinds of jewelry that you can make. Here are some great ideas:

Jewelry Ideas

  • Rasin Jewelry
  • Beaded Jewelry
  • Fabricated Jewelry
  • Artsy Jewelry
  • Fine Jewelry
  • Leather Jewelry
  • Enameled Jewelry
  • Bracelets

Where to sell your Jewelry designs?

You can start by selling your jewelry online on platforms like Etsy, Shopify, etc. Or you can sell them in boutique shops or your local events or online on Instagram and Facebook marketplace.

13. Graphic Designing

Graphic Designing

Income Potential: $45,000 yearly

Who are Graphic Designers?

A graphic designer is someone who creates digital designs for companies and individuals. These designs could include making images, posters, social media posts, brand labels, etc.

You can get into this by working on a freelance basis. As you build your client base and get more work, you can build a team and start your own graphic design agency.

This skill is in high demand and has a good money-making potential as well, making it an ideal business for women.

14. Rent Your Place

Rent Your Place

Income Potential: $1000-$2000 a month

Not everyone has the luxury of considering this option, but if you have a spare room or a property, then consider renting it out on platforms like Airbnb to make monthly or daily income.

You can charge more or less depending on how good the property is, its location, services, etc. The best part is you do not need to be involved in this business full-time. You can hire a housekeeper and let him/her take care of your guests in your absence.

The best part is you can even scale this business, as you earn enough money from one venture.
Here’s an idea of how much money you can make from this small business:

ARRANGEMENT TYPEAVERAGE ANNUAL HOST EARNINGS 2021
Entire Home$14,498
Private Room$5,260
Shared Room$2,158

More options to rent your place:

  1. Booking.com
  2. TripAdvisor Rentals
  3. VRBO

15. Print-On-Demand Business

Print-On-Demand business

Income Potential: $9,000 – $15,000 a month

If you have a sense of creativity, then you can start making custom designs and start a very profitable print-on-demand business online.

But what is a Print-on-Demand business?

In a print-on-demand business, you, the creator, come up with designs and work with the suppliers to get the designs printed on a t-shirt.

This business idea is great because, in this, you do not need to maintain any inventory and sell the t-shirts on an order basis.

Additionally, you do not need to invest a lot of money, rent out a place, or maintain stock, making this an ideal business option for you.

How to get started?

  • Think about what you’d like to sell
  • Start creating designs and think of a store name
  • Pick an online platform to sell your designs
  • Find a reliable supplier
  • Set up your online store
  • Set up the price and list your designs

Best print-on-demand platforms

  1. Printful
  2. Gooten
  3. Printify
  4. Apliiq
  5. SPOD
  6. Gelato
  7. Teelaunch
  8. T-Pop
  9. CustomCat
  10. JetPrint

16. Become A Local Travel Guide

Local Travel Guide

Income Potential: $50 to $150 per day

If you live somewhere with a rich culture or history and are a popular tourist place, you can think of becoming a local travel guide and scaling up and opening your own travel guide agency as you get more and more clients.

How to get started?

Becoming a travel guide could be really fun, especially if you are an extrovert. You might find going to the same places boring, but you will get to meet new people and have new experiences daily.

In order to distinguish yourself as a travel guide, you can introduce lesser-known places or hidden gems to the travel group. Or you can take people on new or unexpected experiences.

  • To get started, you simply need to come up with a fun itinerary and list yourself on travel platforms like TripAdvisor and Airbnb.
  • As you start getting clients, ask them to leave reviews. The more positive reviews you get, the more easily you will be able to build your business around this.

17. Furniture Flipping

Furniture Flipping

Income Potential: $100 to $500+ per month

If you are creative and love turning boring old furniture into fun pieces, then this business idea is just what you need. You can easily make $100 – $500+ a month by flipping furniture and scaling your business as you get more clients.

What is furniture flipping?

Flipping furniture involves re-doing, painting, and designing old boring furniture pieces into something aesthetic and fun. This is a time-consuming idea, especially if you are doing this alone. But while starting out, you can work on weekends.

How to get started?

You can either redo your own furniture or buy old furniture items second-hand or at flea markets. Once you have the furniture with you, you can start working your magic.

Where to sell flipped furniture?

You can sell flipped furniture on platforms such as Facebook marketplace, eBay, Etsy, Craiglist, etc., Or you can sell your items on Instagram as well.

18. Offer Your Parking Space On Rent

Parking Space On Rent

Income Potential: $100 to $2000 per month

If you have a lot of parking space, especially if you live in the main area of your city, then you can make a very good income by renting out your parking space. This business idea is great for women who cannot dedicate a lot of time because you do not need to be present full-time for this.

Parking in major cities can be really pricey. So you can take advantage of this situation and offer people your parking space. Since your price would be lower, finding business won’t be that difficult for you.

Based on the type of parking you are offering and your location, here’s how much you can make from this small business:

  • Garage: $300 to $500 per month
  • Driveway: $60 to $100 per month
  • Parking Pad: $75 to $150 per month
  • Parking Lot: $1000 to $2000 per month

Websites you can tie up with to offer your parking space:

19. Start a cleaning business

cleaning business

Income Potential: $35,000-50,000 a year

Cleaning services are always in demand, no matter what. Starting a cleaning business is a great idea because it does not require you to have an education, a degree, or even that many skills.

All you need is a couple of tools and supplies. If you want to save money, then you can start offering cleaning services yourself, and for this, you will not be required to put in any money.

And if you do not want to be involved in the cleaning yourself, then you can hire people under you and form a legitimate business. You can also buy the best cleaning franchise if you do not have any experience in running a business.

20. Start Blogging

start Blogging

Income Potential: $1000 to over $200,000 monthly

If you are good at research and writing and can be patient, then starting a blog online could help you make a lot of money. However, it is not that easy to rank your blogs on Google, and it will take a few months to a few years before you start seeing money from this business.

What is a Blog, though?

A Blog is a website that contains informational articles or a piece of writing on any subject or niche of your choice. The person who does this job is known as a Blogger.

Ways in which Bloggers make money:

  • Affiliate marketing
  • Display ads
  • Sponsored posts
  • Selling Products
  • Consultancy

Investment required to start a blog:

You can expect to spend between $50-$200 to set up a blog and then be ready to spend $20-$60 monthly to run and maintain the blog. 

21. Become a Youtuber

become Youtuber

Income Potential: Unlimited

If you have immense interest and knowledge in a specific niche, then consider starting a YouTube channel. YouTube could look like a crowded space, but for someone who knows how to distinguish themselves, becoming a YouTuber could still be profitable.

Look at these interesting YouTube statistics to see how good this opportunity can still be for you:

  • YouTube has more than 1.9 billion active monthly users.
  • Over 5 Billion YouTube videos are seen every day.
  • Each day, one billion hours of videos on YouTube are watched.

But how do YouTubers make money?

The major income of YouTubers comes from ad revenue. The ad revenue on YouTube is divided into a ratio of 55:45 between the video creator and YouTube. However, these are some more ways in which YouTubers make money:

  • Sponsored videos
  • Affiliate marketing
  • Product Marketing

How much money does a YouTuber make?

For every 100k to 500k views, a YouTuber makes between $1,000 to up to $10,000 on average.

22. Open a Fitness Studio

Fitness Studio

Income Potential: $46,500 – $70,999

If you are skilled at Yoga, Pilates, Zumba, or any other kind of fitness activity, then opening a fitness studio can be a solid business idea for you.

In order to open a fitness studio of any kind, however, you will need certifications to prove your credibility. Also, you will need to invest between $20,000 to $50,000+ to run your own place.

If you do not have the needed certifications, then complete your training and obtain them first. And if you have the certifications but not the investment, then consider offering services to clients at their homes initially. And scale up once you have the needed amount and clientele.

23. Sell Paintings/Art Works

Sell Paintings

Income Potential: Unlimited

If you love painting and know how to create masterpieces, then you can start a small business right at home and make a lot of money from this idea. You can also sell murals, pottery, or any other kinds of artwork that you may be good at, in fact.

You can easily make $100 to $500 per artwork by selling your art at local events, exhibitions, etc., or on online platforms such as eBay.

This is an ideal business idea for women because you do not need a hefty upfront investment for this; you can work as per your own schedule.

24. Start a Boutique

Start a Boutique

Income Potential: $80,170 – $160,500 a year

Many shopping fanatics prefer buying clothes from boutiques because of the unique pieces that they can get. Owning a boutique business can be great for you as a woman because, in a boutique business, you have limited inventory and can sell items at high prices.

Investment needed to start a Boutique

You can expect to spend between $34,650 – $134,100 to start a boutique. The amount will vary depending on the rent of the place, location, cost of inventory, etc.

How to start a Boutique?

  • Pick a niche
  • Choose a name & create a website
  • Set up a legal entity
  • Apply for EIN
  • Source materials
  • Set up your boutique
  • Market your business

25. Beekeeping

Beekeeping

Income Potential: $35,523 to $58,231 a year

If you have a backyard or garden or rooftop in your house, then you can start a Beekeeping business. This business is not only a lucrative small business idea but can be started for really less- $500-$700.

And the best part is you can make money in a beekeeping business by selling multiple products and servies, including:

  • Bee Products (honey, pollen, royal jelly, propolis, etc.)
  • Beekeeping equipment
  • Pollination services
  • Bee removal service
  • Sell bees
  • Offer Beekeeping education
  • Apiary maintenance

If you do not want to get into all this, then you can produce honey, give them your brand name, and sell them for a good profit margin. In the beekeeping business, the sky is the limit.


Wrap Up

Starting a business as a woman, especially if you have kids or a lot of responsibility on your head, can be challenging.

However, in the above-mentioned guide, we have shared the 25 best small business ideas for women. So, no matter what your situation is, you are sure to find something for yourself.

But having said that, make sure you do your research and consider all the pros and cons before putting your time, energy, and money into any business.


FAQ’s

Which is the cheapest and most profitable business to start?

Some of the cheapest and most profitable businesses that you can start as a women includes:

  • Thrift store business
  • Dropshipping business
  • Beekeeping business
  • Print-on-demand business
  • Candle-making

What are the best online businesses for women?

Some of the best online businesses for women are:

  • Print-on-demand business
  • Etsy business
  • Blogging
  • Youtuber
  • Graphic designing
  • Amazon selling
  • Dropshipping

What are the best businesses for women under $1000?

The best business that women can start for under $1000 includes:

  • Furniture flipping
  • Beautician
  • Online tutoring
  • Thrift store business
  • Art selling
  • Jewellery designing
  • Affiliate marketing
  • Catering business

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