Quote - Request a quote for every type of companies

Menu mobile

Welcome To Our Business Idea Generator

Every day entrepreneurs use this free tool to find the right startup idea from over 300 different industries. We have three ways to find inspiration for your new business!

Progress

1/4Please enter your email address

2/4 Interests

3/4 Resources

4/4 Skills

Random Industry: Waste Management and Remediation Services

Business Ideas:

  1. n/a

Industry Details:

  • NAICS Code: 562
  • Category: Services
  • License Required: Check State
  • Technical Score: 2 of 10
  • Suggested Funds: More than $100K

Summary

Offering services is an important part of serving your local community. Furthermore, whether you provide automobile, cleaning, beauty needs, or any other type of service, the most important ingredient is to create a great customer experience. Your customer's experience begins with appointment setting, or from the time they drive or walk up to your business. Making the process easy, efficient, simple, and fast is important toward a positive experience. And for every type of service, ensure that the experience during the service is pleasant and informative. Put yourself in the shoes of the customer, and do for them what you would expect to be done for you.

Filter By:

New car dealers

Business Ideas:

  1. New Car Dealership
  2. Multi-Manufacturer Car Dealer

Industry Details:

  • NAICS Code: 44111
  • Category: Retail
  • License Required: Yes
  • Technical Score: 3 of 10
  • Suggested Funds: More than $1M

Summary

Deals seem to close right at the last minute. This does not happen all the time. Most of the time, car salesman will have to work hours past closing time just to have the car deal fall through at the very last minute due to credit issues or something out of the salesman's control. The rewards of selling cars can be great, but it's not as easy as it looks, and can actually be very tough the first few months if you're not prepared and don't know what to look out for. In 2016 the average car salesman sold 8 to 10 cars a month.

Used car dealers

Business Ideas:

  1. Online Car Cales
  2. Auto Broker

Industry Details:

  • NAICS Code: 44112
  • Category: Retail
  • License Required: Yes
  • Technical Score: 5 of 10
  • Suggested Funds: $50K to $100K

Summary

The profit of a cash deal is now usually less because you have to usually pay more at the auction. Most dealerships now have to compete against Main Street and Wall Street thanks to the rise of sub-prime lending. The right mechanics. The right detailers. The right buyer. The right advertising strategies. The right financing partners. Even with all that, you still need to buy it at the right price which means you need to be at the right auction where you will likely spend a lot of time trying to find that right car. Make sure to handicap your risks accordingly. Start small, educate yourself, and avoid the chronic diseases that come with having too much confidence.

Other motor vehicle dealers

Business Ideas:

  1. Recreational Vehicle Dealer
  2. Off-road Vehicle Sales
  3. Motorcycle Dealer
  4. Vehicle Broker
  5. Custom Golf Cart Sales

Industry Details:

  • NAICS Code: 4412
  • Category: Retail
  • License Required: Yes
  • Technical Score: 4 of 10
  • Suggested Funds: More than $250K

Summary

You will be online or on the phone for extended periods of the day. You need to work at connecting with buyers for whatever automobiles or related products you are selling. Understanding online characteristics and how the Internet work to connect buyers is critical for your business, and it can change often in the course of a single year. Staying on top of web buyer technics is critical to reach and close deals with your buyers.

Automotive parts, accessories, and tire stores

Business Ideas:

  1. Used Auto Parts and Tools Store
  2. Best-Price Shopper for Tires or Parts
  3. Junkyard
  4. Tire and Wheel Store with Online
  5. Commercial Fleet Service
  6. Automotive Parts Rebuilder

Industry Details:

  • NAICS Code: 4413
  • Category: Retail
  • License Required: Check State
  • Technical Score: 3 of 10
  • Suggested Funds: More than $100K

Summary

You will need reasonably long open hours to ensure that you capture all customer opportunities. Business buyers will buy during the day and individual buyers in the evening and weekend. Best to establish business releationships with key automobile service repair and maintenance businesses in your area. Do not underestimate services speed and price in your business dealings. It is also important to manage inventory through a system that ensures appropriate levels of stock; you can lose customers quickly with only one occurance of unavaiable stock.

Furniture and home furnishings stores

Business Ideas:

  1. Furniture Store for homes
  2. Office furniture and cubicle sales
  3. Art Broker or Dealer
  4. Sofa and Recliner Store
  5. Home Accessory Sales
  6. Home Office Furniture Sales with Delivery Service
  7. Collectibles Trading
  8. Craft Business
  9. Furniture Making
  10. Framing Service

Industry Details:

  • NAICS Code: 442
  • Category: Retail
  • License Required: Check State
  • Technical Score: 3 of 10
  • Suggested Funds: -

Summary

n/a

Furniture stores

Business Ideas:

  1. Furniture Store for homes
  2. Office furniture and cubicle sales

Industry Details:

  • NAICS Code: 4421
  • Category: Retail
  • License Required: Check State
  • Technical Score: 3 of 10
  • Suggested Funds: More than $100K

Summary

You need to expect low transaction rates per day, but high ticket values. Most individual consumer buyers are available in the evenings and weekends. Open hours during these times is critical for business sustainment. Buyers most decide on price after they have decided on the item. Managing inventory is key to increasing sales volumes, and staying in touch with current style trends is important. Competing with online is not as difficult as with other businesses due to shipping cost and long wait times for online buyers to return items, so you need to take advantage of this with in-store options and a wide variety of options.

Floor covering stores

Business Ideas:

  1. Floor Tile Dealer
  2. Carpet and Carpet Tile Sales
  3. Wood Floor Dealer

Industry Details:

  • NAICS Code: 44221
  • Category: Retail
  • License Required: Check State
  • Technical Score: 3 of 10
  • Suggested Funds: $50K to $100K

Summary

You will need to understand your local region's construction and remodel potential to help grow your floor convering store business. Expect to reach out to your local contractors, as well as to create awareness through throught the web. After developing an information and easy navigation website, you may need to work with an individual or firm that has expertise in search engine optimization to attract your local community to your website, and ultimtely have them come into your store to look at your sample floor products. Over 70% of floor covering buyers start with either a referral or website information before coming into your floor covering store.

Home furnishings stores

Business Ideas:

  1. Art Broker or Dealer
  2. Sofa and Recliner Store
  3. Home Accessory Sales
  4. Home Office Furniture Sales with Delivery Service
  5. Collectibles Trading
  6. Craft Business
  7. Furniture Making
  8. Framing Service

Industry Details:

  • NAICS Code: 4422
  • Category: Retail
  • License Required: Check State
  • Technical Score: 3 of 10
  • Suggested Funds: More than $100K

Summary

Many buyers for home furnishing shop in the evenings and weekends. Expect to work over these extended hours for business sustainment. 1 out of 5 people who enter a home furnishing store will buy, so the important part is to get buyers into your store to look at your inventory of products. Use local advertising and web communications; start a newsletter, and invest in a great website that is informative, lots of pictures, but not large. Buyers most decide on price after they have decided on the item. Managing inventory is key to increasing sales volumes, and staying in touch with current style trends is important.

Electronics and appliance stores

Business Ideas:

  1. TV Sales and Resale
  2. Home Theatre Sales and Installation Service
  3. Appliance Sales and Resale with Installation and Repair service
  4. Laptop and Desktop Sales with Trade-In

Industry Details:

  • NAICS Code: 4431
  • Category: Retail
  • License Required: Check State
  • Technical Score: 4 of 10
  • Suggested Funds: More than $100K

Summary

You have a very competitive business in electronics. Much of your success will be based on the critical factors of selling due to competition not only with similar business near you but also the online electronics business. Price is king for the buyer so you need to find ways to reduce overhead costs and identify a margin level to sustain your business. Traffic is also important for you business, so promotion and marketing needs to drive people into your business. More than 50% of people that enter your store will buy something, so the more foot traffic the higher the revenues.

Appliance, TV, and other electronic stores

Business Ideas:

  1. TV Retail Sales
  2. Home-Audio Equipment Dealer
  3. Home Security and Surveillance Reseller
  4. Kitchen Appliances Reseller
  5. Washer and Dryer Sales
  6. Installation and other ongoing Service add-ons

Industry Details:

  • NAICS Code: 44311
  • Category: Retail
  • License Required: Check State
  • Technical Score: 4 of 10
  • Suggested Funds: More than $100K

Summary

Everyone loves entertainment, and the best systems just keep on getting better. To succeed, you have to focus on services making it easy for the buyer to get started and have everything working right with your installation. By understand your local demographics and then tailor your marketing and promotion to fit your market you can drive buyers into your business effectively. The products will sell itself, but if you can provide better services than you competition and online options, you will win in this business.