A lot of people dream of starting their own businesses, but only a small percentage actually push through with it.
While it can be extremely scary at first, starting a business could be your ticket to a prosperous life. This article will go over 18 small business ideas that can make 30k fast – in a month or even a week! Hopefully by the end of this article, you will have some ideas for your next venture.
How to Make $30k Fast: 18 Small Business Ideas
1. Become a consultant
If you are a expert in any professional field, whether that’s marketing, HR, or finance, you can become a consultant and get paid for helping businesses solve their problems.
Consultants can earn anywhere from hundreds of thousands to millions of dollars per year. High commissions can be earned by consultants who specialize in mergers or acquisitions.
2. Become a real estate agent
Only 6% of real estate agents are successful. However, the ones who do make it big can be a fortune! You can easily make $30,000 fast as commission from the sale of a single property.
3. Start a social media management company
Social media marketing is an enormous industry. It is estimated to be worth $153.7 billion, according to Statista. You can find clients through freelancing platforms like Upwork and even through cold calls and emails.
Many companies are struggling with their social media accounts, and your services could be like a breath of fresh air to them. Each client can be charged a monthly fee ranging between $1,000 and $10,000, depending on the scope of work.
4. Create online courses
Creating an online course is another profitable business idea that can easily make 30k a month. E-learning is predicted to grow at a 146% Compound Annual Growth rate (CAGR), and reach $374.3 Billion by 2026.
Any marketable skills you have can be converted into a course through platforms like Teachable and Udemy. You can create a course on accounting, cooking, singing, playing guitar, and pretty much anything.
5. Offer delivery services
Although big players such as Uber and DoorDash make up the majority of the revenue from delivery services, the industry is expected to grow to $192 million by 2025.
You can start a delivery business that only focuses on your local market, and then come up with a unique selling proposition that sets you apart from the other companies.
6. Start a graphic design business
Graphic design is a great choice if you love creating logos and other marketing materials. All you need is a computer and a design tool like Photoshop. You can scale your business by hiring other designers and then focusing your efforts on acquiring new clients.
7. Food truck
Food trucks are often more profitable than restaurants. They allow you to save money on rent, maintenance, and even employees. They also give you the freedom to drive to any profitable locations. You’re not stuck in one place as with a restaurant.
8. Start a catering business
This one is for you if you’re a foodie. You can prepare delicious food, and bring it to corporate events such as weddings or corporate meetings. You can either serve your food as a buffet or in any other way you choose. If you have a liquor license, you can also sell alcohol to dramatically increase your profit margin.
Catering businesses have an average margin of 7-8% before taxes. The market is expected to reach $328.11 trillion in 2025. This means that there could be anywhere from $85 to $97 billion in pre-tax profit.
9. Personal training
If you’re into fitness then this is definitely something worth considering. Personal trainers can make between $50 and $250 an hour doing what they love and helping people achieve their fitness goals.
10. Start an eCommerce business
Ecommerce businesses have a much lower startup cost than brick-and-mortar stores. You can sell anything that has demand, whether that’s electronics or pet food. Just make sure to pick a niche that isn’t too saturated.
Nowadays most people prefer doing product research on the internet before buying anything. You can set up ads on Google and Facebook to target them while they’re researching. That’s when they’re most likely to convert.
11. Courier service
A courier service can be a very profitable business. You can use motorbikes or vehicles to do the deliveries. You can also partner with other people and then pay them a commission for all the deliveries they make.
A courier service typically charges $1.50 to $1.70 per mile and additional fees for reasons like:
- Multiple stops
- Delivery outside the normal area
- 1-hour service
12. Mobile car wash and detailing
Mobile car washing and detailing are among the most lucrative business models we’ve seen. Starting a mobile car wash or detailing business can cost as little as $2,500 and could earn you up to $30k per month.
13. Copywriting
This is one of the most successful home-based business ideas if you are looking to be your boss. Copywriters can make as much as $1 per word.
That means you could make around $1,000 for a 1,000-word article that takes just one day to write. If you market yourself effectively and do one article per day, you could make $30,000 a month.
14. Web/app development
Developers create software for governments, businesses, and non-profits. This is a tech job that can bring in huge profits.
Software developers make between $70K to 200K annually as employees. And if you run your own web/app development company, it’s even higher.
15. Property management
If you are looking to start a business that requires a lot of interaction with people and financial supervision, then property management is something worth considering.
The US has more than 275,000 property management firms. Most property management companies receive 10% plus any additional fees from each rental payment. A small business can expect a profit margin of around 20%, making it a lucrative business idea.
16. Open a virtual assistance agency
The highest-paid virtual assistants on Upwork earn around $85 per hour. If you have just 2-3 employees working for you then you can easily make $30,000 in a month.
Some common tasks virtual assistants do include scheduling appointments, data entry, sending emails, researching, and other remote jobs.
Many companies nowadays prefer to outsource some of their work to VAs as opposed to hiring full-time employees as it is a lot cheaper. They don’t need to pay salaries or taxes.
17. Open a gas station
Although this is a very expensive business to start (contrary to this article’s title), the potential profit you could make is just impossible to ignore.
The business is easy to start and requires no education. In-store sales are able to generate 30-40% profit margins. The startup cost for one can be as high as $3.5 million but they can earn up to $37 million annually.
18. Become a financial advisor
Financial advisors help entrepreneurs and high-net-worth people increase their wealth by using various financial instruments.
They help them set goals, develop a strategy that will lead them to success, and also manage their financial investments. Check out our guide on how to find clients as a financial advisor.
