32 Small business ideas for New York City for all seasons
New York City is full of new businesses, and the number is increasing every day, creating new business models, developing new industries, and revitalizing the economy. You certainly know some big names like Meetup, Tumblr, Foursquare, and Shutterstock all too well. Well, what is common is that they are all based in New York.
With many startups gaining ground and value in a short period, you can realize the potential of starting a business in New York City and growing it big. However, you need to have a great idea!
Before moving on to the idea, you may also want to know about some instant loan applications.
Any business idea can be great and successful if it solves the core problem of a specific audience and creates value. Well, hundreds of small business and startup ideas can be valuable to people in New York City. All you need to do is to choose one that you can deliver in the best way.
Since New York City is very advanced in terms of business infrastructure, technologies, financial status, and media viewpoint, people have a fast-paced lifestyle. Professionals in all industries are looking for smart ways to meet their professional demands and increase overall productivity while making their personal lives more comfortable, peaceful, and full of entertainment.
This article will discuss some of the best business ideas incorporated in New York City with low investment and higher profitability. You can implement an idea as is, or you can innovate it to offer better value.
You may also want to know the details about starting a business in New York City.
32 small businesses will now open in New York City for all seasons
Here is the list of small business ideas for New York City:
1: Delivery of cooked food at home
Fresh home-cooked food during lunchtime is an amazing treat for people at work but time constraint does not allow them to travel long time. Offering a service where they can sign up for a weekly or monthly package online and receive lunch every day, just before their lunch break, can be a great deal in New York City.
2: Luxury travel planner and discount offers
Although it is already a developed sector, completing your service with unique offers can give you a huge customer base. Don’t just take foreign excursions, luxury tours, and international cruise deals, but also find exotic places to explore nearby or across the state.
3: Property management
The rich in New York City have so much on their minds. Sometimes they do not pay due attention to their properties and have difficulties managing them. Find them and offer them your exclusive services!
4: Specialized recruitment agency
Although there are already too many recruitment agencies and the presence of web portals makes it quite a saturated market, there is still a huge gap that needs to be filled. Specialized recruitment companies are very few, as they offer their services for a minimal set of industries. Get two or three relevant industries and establish your unique presence with the best value delivery.
5: Daycare/childcare business
The biggest concerns for working parents are the safety of their children when they are away from work. Thus, nurseries offer them the best option. It not only ensures that the child is safe but also makes them learn good things.
6: Maid/cleaning/handyman service
Because people are so busy with their professional life that there is hardly any time to take care of the house. Therefore, in such circumstances, the option of housemaids, cleaning services and maintenance work is useful and affordable. Setting up such a company is easy and can turn out to be quite successful in a short time.
7: Bakery / Custom Cakes / Snack Shop
There are many reasons for celebration in everyday life, sandwiches and cakes are an important part of all celebrations. Yes, there may be dozens of others offering the same services, but if you’re an expert in the skill, you can get a bigger market share with even a simple Facebook ad campaign.
8: Flower delivery service / online florist
As there are too many reasons to celebrate everyday events, there are too many ways to do it. A bouquet is one of the most powerful ways to express your joy at times, but no one can always afford to go to a florist! This is what makes it a great business opportunity!
9: Online trading
Selling on Amazon and eBay is a fast and stylish way to start your online trading business, but you have to have something amazing to sell at an amazing price to be successful in business.
10: Being a web entrepreneur
If you have a background in content, marketing, or web development, you can create your own empire in a limited time. Be it a content agency, business networking portal, or marketing platform. All you need is a product/service that appeals to a larger audience!
To promote your business, you can create a marketing video with makewebvideo.com business video maker
11: Commercial broker
The trend of entrepreneurship has triggered the demand to buy established businesses that meet the business requirements of existing clients and much more. This is very suitable for commercial brokerage. Although this field is a bit tricky and complex and requires some B2B experience, it can be quite profitable for you.
12: Insurance broker
To meet the ever-increasing demand of the insurance industry, you can act as an agent for an insurance company and get your share of the profits.
13: Dry cleaning service
Just like cooking and cleaning, laundry is another tedious and time-consuming chore for the working class, and you will see a large population always finding ways to avoid it as much as they can. If you are considering a laundry business plan, consider that mobile laundry pickup and delivery services better address laundry issues.
14: Beauty / Hairdressing
Depending on the locality and the target audience, you can start a business that offers multiple services, or you may want to stick with just one hair salon!
Related reading; Hairdressing and beauty salon business plan
15: Mobile Auto Workshop
Wherever there are cars, workshops are needed, but workshops located in various areas are never helpful when you need help in the middle of somewhere or your car broke down at home. A mobile workshop can provide the ideal help in such cases and bring a lot of customer satisfaction and profit to the workshop.
16: Gym at home
You can start small in a spare room in your house with few machines. In this case, it will not require much investment; however, your training will be a class by itself.
17: Car wash service
Yes, car washes are there and they are even better than what can be built, but busy people can’t afford the time to go there and wait for their car to be washed. So, choose your car, wash it, and drop it back. If you partner with offices and other big clients, you can do well.
18: Photography
Show off your photography skills with a quick portfolio or do some volunteer photography at various weddings and corporate events to get noticed. You are all set to start your own photography business.
19: Organization and management of events
If you have been part of an event planner or managed events before, then consider going full-time by including your skills. People come to New York primarily for all the events it offers, so why not be a part of the process? If you’re good at what you do, many city goers will look to you to host a great event.
20: Business Configuration Advisor
If you have an appetite for a business environment, then it is a good idea to set up advisory services that can work for both local and foreign investors and entrepreneurs. Also, this business idea requires almost negligible investment and you can start right away.
21: Financial advisor
As businesses grow, financial market experts are needed to address the various financial concerns of the business. If you have a good understanding of finance and practical experience, consider opening financial advisory services3 for various business houses.
22: Foreign Cuisine Restaurant
People love to have access to easily available food, and some of them travel to various parts of the world to taste the special taste of local food. There is an increasing demand for foreign cuisine, and you can easily target a populated area to start your restaurant or foreign cuisine food delivery services.
23: Bed and breakfast
If you own a large property and have a lot of extra rooms in your house, consider leaving them to tourists. New York City is such a popular tourist destination that there will never be a shortage of people looking for accommodation. Make it nice, affordable, and you’re good to go! You can also use services like Airbnb or Vrbo that will do most of the scheduling and hard work for you.
24: Nanny/Elderly Care
This is an easy option if you’re willing to spend certain hours in the mornings and afternoons babysitting or setting up a small-scale childcare business, or caring for the elderly for a busy working class. You can always have more people on board as demand increases.
25: Personal Shopper
Designate personal shoppers to locations and get and deliver items ranging from groceries to clothing and luxury items.
26: Become a DJ
It’s one of the best and most fun ways for music fans to start their own business. You can do this by freelancing or by booking shows at popular spots in the city. There is never a shortage of city-goers looking to have a great time dancing in the town. So if you like making music this is a great way to earn some money.
27: Everything $10 Online Gift Shop
It may require some investment on your part. To play it safe, you should buy the products only if you receive confirmed orders.
28: Rent your garage for monthly/weekly sale
Lots of people want to sell their stuff, but they don’t have a garage. Offer them your garage so they can have a place to store the goods they want to unload!
29: Walking dogs
Pets love the natural environment and, for them, a walk is a must. However, due to time constraints, many people face difficulties getting their pets out, and this is where you can step in and take advantage of this opportunity.
30: Niche blogs
Blogging is not just writing a blog now. It is an excellent business model for those who want to be rewarded for their experience and skills.
31: Rent your parking space
If you have extra parking space at your house, why not rent it out for additional income? This may be one of the easiest and least-effort business ideas for New York City. Everyone who has been to this city, or at least been through it, knows that it is often next to impossible to find parking spaces. People want to avoid parking garages as best they can, as they sometimes charge ridiculous fees for minimal time.
Fix this problem for people and earn passive income doing it! Just make sure you’re okay with the building owner beforehand and you should be good to go.
32: Translation service
New York City is home to companies and startups that have target audiences in various parts of the world, and to communicate effectively with them, they need to speak their language. If you have experience in any foreign language, you should start a translation service, helping companies with foreign language website content, marketing materials, videos, and other things.
So, we hope this article details some of the best business ideas for New York City for all seasons for you. The city is known for its endless opportunities and rewarding hard work. If you are willing to put in the effort and effort, you could easily succeed in a city like New York. We hope the list has inspired you!
If you have any other cool business ideas for New York City, please let us know in the comments below and we’ll include them in next year’s update.