Do you reside in Austin TX and you are interested in starting a business, but you lack ideas? Then I advice you read on as I reveal the top ten small business investment opportunities in Austin TX, USA.
Located in the center of Texas, Austin is the largest city in Texas and the fourth largest in the United States.
With a population of about 865,000 people, Austin is the third fastest growing large city in the United States as well as the safest according to the FBI. These drive home the point that Austin is indeed a fertile ground for new businesses.
Austinites (residents of Austin) include a diverse mix of government employees, foreign and domestic college students, high-tech workers, blue-collar workers and business people. If you are looking to start a business in Austin TX, USA that will fetch you huge profits in the long term, then you should consider these 10 promising opportunities.
Top 10 Small Business Investment Opportunities in Austin TX
1. Food truck
Food selling is a lucrative business in any economy, because people must eat to survive; regardless of the state of the economy. Starting a food truck business is a smart way to fill hungry bellies in Austin on a daily basis. Food trucks or mobile restaurants are becoming more popular because they are cheaper to start than the traditional brick-and-mortar restaurants, and they enjoy more patronage due their mobility.
2. Day care
Many mothers in Austin are full-time employees with tight work schedules that allow them very little time to take care of their kids. However, with day care services to the rescue, nursing mothers can rest assured that their kids are in safe hands while they go about their own work. Of course, they are happy to pay for that.
Majority of individuals in Austin own a smartphone, which means there is a large market and huge demand for smartphone repair services. It costs much less to fix a broken or damaged smartphone than to buy a new one, so people prefer to choose the cheaper option by hiring the services of a smartphone repairer. If you have a knack for fixing faults in smartphones, consider perfecting your skills and starting your own smartphone repair business.
4. Laundry service
Everyone loves to look neat and good and Austinites are no exception. But tight work schedules leave little or no time for laundry. This creates huge opportunities for laundry services. If you are looking to start a small business that will thrive in Austin, then you should consider starting your own laundry business.
5. Errand services
From grocery shopping to pet walking to disposing of junk, several tasks require people’s attention every day. Though these tasks aren’t difficult, people are just too busy to handle them. And this is where errand service providers come in handy; they handle all everyday errands in a timely and effective manner, and get paid for that. If this business opportunity interests you, give it a shot, since there is a large market in Austin to cater to.
6. Senior care
With a significant fraction of Austin population hitting the senior years, there is increased demand for products and services that cater to senior citizens, such as senior healthcare, fitness for seniors, and so on. If you love being around the aged and are experienced in any aspect of senior care, then you may consider starting your senior care business.
7. Pet care
Many Austin residents keep pets. But most pet owners are too busy to take good care of their pets. So, if you love pets and have some experience in pet care, you can turn that into cash by helping pet owners look after their pets when they are off to work or away on vacation.
Alternatively, you can open a store that sells various pet care products. Chances are that such a business will thrive due to the large market in Austin.
8. Fitness services
People are becoming more aware of the multiple health benefits of staying fit. And they are taking every step possible to achieve that. One of such steps is attending fitness exercise sessions by fitness experts. So, if you have a solid background in physical and health education or fitness training, then you should consider starting a fitness training business that helps people achieve their various health goals.
9. Transport services
From local taxi services to intra- and inter-city transport, the demand for transport services has always been on the high and will continue to be—because transportation of people and goods from one place to another is an everyday necessity.
10. Online marketing services
Due to the increasing awareness of the internet as a tool for business promotion and lead generation, more businesses in Austin are joining the bandwagon of internet marketing. This creates huge opportunities for experts in various aspects of online marketing, such as search engine optimization (SEO), pay-per-click (PPC) marketing, social media marketing and so on.
Latest posts by Ajaero Tony Martins (see all)
- How to Write a Music Venue Business Plan [Sample Template] - February 2, 2020
- A Sample Indoor Shrimp Farming Business Plan Template - February 2, 2020
- How Long You Have to Buy Insurance After Buying a Used Car - January 29, 2020