For about 3 years of my adult life and 3 as a child I was surrounded by the freeway, beaches, smog, and, of course — In N Out Burger! People are generally curious about this, and want to know how the heck I ended up here after growing up in the big city. I can tell that most of them making money in small towns why I would give up city life to surround myself by farmland and, in turn, limit my opportunities. Small towns offer plenty of opportunities to entrepreneurs, particularly if they know the community. A recent study by Olav Smalll of the Yale School of Management showed that small business ventures perform much better when they are founded in the hometown of the entrepreneur. The takeaway for the average small town entrepreneur: knowing your community is incredibly valuable.
Key factors impacting making money in a small town
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Cons of launching business in a small town
)}Do you want to start a business that will stick or thrive in a small town? If YES, here are 50 best profitable business ideas for small towns in No doubt, there are businesses that can do pretty well only in bigger cities so also there are businesses that makingg thrive pretty well in small towns. Here are 50 business ideas that an aspiring entrepreneur who is smmall towards starting a business in a small town should consider starting. A grocery store is a good picture of what it means to run a business in a small town. If you are looking for an ideal business to start — a mom and pop style of business that requires low start — up capital to set — up, then you should consider opening a grocery store in an ideal location in your community. People visit grocery stores to re — stock their homes from time to time. This type of business is simple to set up and it is indeed a profitable business. You might not make makung profits from this type of moneg, but you are sure of maintaining steady cash flow on a daily basis. If you choose to start this type of business, ensure that you conduct market survey in order to know the types of products to stock your store. The truth is that if you stock your store with what the people around do not need, you will struggle to make sales. If you live in a small town rowns people find it difficult to access clean and portable water, then you should consider opening a water refill station. Water refill station is of course a business that can do pretty well in a small town; it requires low running cost and it is indeed a profitable business. Selling of call cards and data for different networks is another easy to amking business that an entrepreneur can successfully start in a small town. Depending on the country you reside, there are several telecommunications companies that you can moneg in their call cards and data bundles. Selling call cards and data bundles is a simple, easy to establish retail business that does not require any skills. As a matter of fact, this type of business can thrive in twons location as long as there are people who make use of mobile telecommunication and the internet. Gourmet business is another typical retailing business that can do pretty well in a small town.⓬
The Bottom Line on Small Business Ideas
When planning a startup, entrepreneurs may be tempted by the innovative atmosphere of the Silicon Valley or other large urban landscapes. But plenty of opportunities for entrepreneurs exist in small town America too. There are whole new sets of challenges, trends and other factors for small town entrepreneurs to consider. But there are advantages as well like lower costs and lower competition. And with the internet there is, of course, the option of reaching those larger markets while you and your staff enjoy a lower standard of living where your money goes further — especially in the lean years. Here are 50 different business ideas that you can start in a small town. So you could potentially fill a gap in the market with your own small town coffee shop. But especially if you have enough space to grow food on your property, you can build a lucrative business by selling those items at your own stand. So you can set up your own smaller store selling a variety of food products. In addition, your town might not have quite as much variety in the way of restaurants. So if you have a specialty, like making Thai food for instance, you could start your own restaurant in that niche.
50 Best Small Town Business ideas for Small Towns That Will Stick and Thrive in 2020
Overpriced real estate. Insane work hours. Fierce competition against other smart people. Against huge odds, smart young people flock to Silicon Valley and other hubs to find the next billion-dollar unicorn. I’m 34 years old, and I’ve taken the exact opposite approach in my entrepreneurial career. And it’s worked. Instead of starting a tech company, I built «old fashioned», profitable, multimillion-dollar businesses and helped create hundreds of jobs in my community, all before I turned Instead of moving to a major city, I stayed in the same 13,person community where I grew up in, Bellefontaine, Ohio. Instead of competing in an area where there is a lot of hype and really smart competitors, I often have no direct competitors and the assets I buy are dramatically discounted. Many people think my approach to business is outdated. But I’ve learned something fundamental about life and business that I think most smart people my age miss
Small Town Business Ideas
When planning a startup, entrepreneurs may be tempted by the innovative atmosphere of the Silicon Valley or other large urban landscapes. But plenty of opportunities for entrepreneurs exist in small town America. There are whole new sets of challenges, trends and other factors for small town entrepreneurs to consider.
But there are advantages as well like lower costs and lower competition. And with the internet there is, of course, the option of reaching those larger markets while you and your staff enjoy a lower standard of living where your money goes further — especially in the lean years. Here are 50 different business ideas that you can start in a small town. So you could potentially fill a gap in the market with your own small town coffee shop. But especially if you have enough space to grow food on your property, you can build a lucrative business by selling those items at your own stand.
So you can set up your own smaller store selling a variety of food products. In addition, your town might not have quite as much variety in the way of restaurants. So if you have a specialty, like making Thai food for instance, you could start your own restaurant in that niche. Or you could focus on providing food to consumers in a different way. Ice cream is another food niche that could be popular in many small towns. Or you could sell products or homemade food items at your own roadside stand, as long as you have a place along a main thoroughfare.
Flea markets can also be great venues for small town entrepreneurs to sell their goods. You can make your own handmade items or even resell products at your own flea market stand. You could also set up your own shop for handmade goods on a site like Etsy.
And living in a rural area or small town could potentially give you access to some really unique supplies. Additionally, you can sometimes find great vintage furniture pieces in small towns and then give them new life before reselling. There are plenty of online platforms like Redbubble and Society6 that you can use to design your own t-shirts and similar goods no matter where you live.
If you have the ability to sew and alter clothing, you could start your own clothing alterations business and have people send or bring you their items for alteration. So you can start your own freelance writing business and save money on a variety of different expenses. Or you could start your own blog and make money from ads, affiliate links or selling products again taking advantage of the lower standard living and services — so long as you have adequate internet access.
Virtual assistants are also largely location-independent. So that can be another great opportunity for entrepreneurs to work from home in a small town and with a much lower standard of living. Or you could offer a variety of different graphic design services for clients, including logos, branding and other elements.
But you could potentially start your own mobile retail store in a camper or similar vehicle and then sell items at fairs or events in the area. Bookshops can also be popular in a variety of different markets.
So you can start your own store either in a physical location or online. Or you might open a store that sells a variety of different secondhand products. This might especially appeal to those in small towns with a lower standard of living who are looking for a way to make their money go. Small towns also afford entrepreneurs the ability to invest in fairly large homes, like the kind you can use to start your own bed and breakfast.
If your small town offers some charm or history that could attract tourists, then you could potentially start your own tour guide business to target those consumers. For those who live in rural areas where homes come with lots of land, you could also start your own working farm and run it as a business that provides food, tours or other products or services. Or if you prefer growing flowers, you can start your own floral shop and sell different flower varieties or even make more advanced products like wedding centerpieces.
Rural areas often mean that homeowners have lots of yard and outdoor space to take care of. So you could certainly start a successful business in the landscaping arena. If you have the necessary skills, you could also start a business where you offer house painting services to local homeowners. Skilled trades like plumbing are also in high demand no matter where you live. So that could be another potentially successful business idea. You could also start a more general handyman business where you provide a variety of different home repair and maintenance services.
Computer repair is another area where consumers might need help, no matter what type of market you set up shop in. Or you could set up a location-independent business where you offer IT support to businesses and other clients over the phone or online.
If you live in an area where there are a lot of historic homes and buildings, you could specialize in providing restoration and repair services for those buildings. Small towns and rural areas offer a lot of great scenery that can lend itself to great landscape photography.
You could also offer your services to local clients as an event plannerespecially if your small town has an active business community. Dogs also need grooming services, regardless of location. So you could open up your own grooming business in a small town or rural area.
Microbrewing has become a huge industry with customers tiring of big brands and seeking a more unique alternative. You could then either sell it locally — especially if your small community has a sizable tourist influx — or seek distribution in larger markets where consumers are hungry for more variety.
Or you could ferment or sell your own wine productsthough this is likely to require even more space and specialized equipment. If you have a lot of outdoor space, you could also start a seasonal business where you grow and sell Christmas trees to consumers who are willing to go a bit out of their way for real trees. You could use your outdoor space to create a corn maze and then charge admission during the fall months each year.
Or if you have animals on your farm, you could charge admission for consumers who want to come and pet or visit with the animals. You could also write books or ebooks from basically any type of location. And small towns or rural areas can sometimes be great for writers looking to get inspired. If you have specific skills to share, you could create and sell your own online courses. Again, this can be done from anywhere given adequate internet access.
Or if your small town has an interesting or unique history, you could start your own museum dedicated to the area. This again would be most effective if you live in a small town with a considerable tourist industry or if you could adequately promote it outside the area making it a tourist destination in its own right.
There are plenty of opportunities. People will always have needs that you can fulfill for a fee. Unfortunately not everyone comes from a family with the last name Bush, Trump or Clinton. My favorite one is, if I had a bunch of useless land, would be planting a cheap, easy to maintain plants and trees like Christmas trees and herbs. Food will always be a hit. The thing about millenials nowadays is that they no longer buy just for the food. They are usually willing to spend their money for the experience.
Thank you for your post. This is excellent information. It is amazing and wonderful to visit your site. It really gives me an insight on this topic. Great and timely article, should be a monthly reminder article! Love the small business entrepreneur spirit! Thanks again for sharing it! Love to see trades like carpentry, painting, handyman, etc on the list. Starting a making money in small towns business is a great way to be your own boss.
I am glad I read your article. I live in an isolated small town and there are no jobs so I need to create my. I started writing a blog a few years ago and planting a garden. I always thought these things could be profitable but it is easier said than. However, at least I know I am on the right track. Pingback: Recent Grads: Should they stay or should they go?
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Ways To Make Money In A Small Town
Small Town Business Ideas
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Key factors impacting making money in a small town
)}After all, you could get ahead if you lived in a bigger city with more people, or you had access to a reliable wifi signal, right? Not necessarily. But I have a different. No matter where you live, there are people with needs all around you. Your goal is to find those makin and figure out a way to meet. Guess what! You can even do it without shelling out a ton of money in startup costs. In fact, many of these business ideas work beautifully in the small town environment and require little, if any, startup cash. That means by offering your service locally, you are saving people from having to drive to another town to get it. That is a huge selling on My advice? Pick yourself up, dust yourself off, and determine to maiing.⓬
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