Houston is the fourth largest city in the United States; it is a business hub and a great location to start any lucrative business from. The city has a large firm of industrial based energy suppliers and mechanical companies operating out of it, but it has many other business strengths in various other sectors.
Due to its forever growing economy Houston has a lot of potential for business owners to either start their businesses from, or for them to continue to grow them in. Below is the best business to start in Houston that you should consider starting in Houston.
1. Translation Services
Due to its diverse and large population opening a translation service for large companies to use could be a great idea. You should focus on learning what the most used languages are in Houston to better target your audience. It may be good to also specialise in some languages so you can offer a niche service to your clients. This service would require a shop front, but the majority of work could be done off shore, meaning less overheads and a larger profit margin for you.
2. Taxi Firm
As many large use the city as a hub businesses opening a fleet of taxi firms would be extremely lucrative. You could either offer a premium service focusing on a more elite clientele and a larger potential income. This would require a more focused marketing technique and maybe a higher initial overhead. If this is not an option, opening a normal fleet of taxi vehicles is an easier, less expensive and just as rewarding business plan.
3. Car Workshop
Mechanic workshops are a great business idea for any town, especially one so big and established as Houston. Opening a car workshop relies on choosing the perfect location to make it easier to find and utilise. You should consider the best area and the right size for your plot to get the best usage for your car workshop.
4. Virtual Assistant Company
This business idea is becoming ever more utilised by many businesses of all sizes and sectors. The virtual assistant company would be great for someone that has great management and computer skills. If you already have these skills then you could really see some great results and a large income.
5. Landscaping Services
As Houston experiences some extreme weather conditions a landscaping service is a great business idea. You must ensure that you have a good-sized team to work with you and adequate means of transport. The success of this business relies heavily on good marketing and word of mouth. You should be sure to spend some of your budget on good tools too.
6. Web Development and Designer Services
This idea will help many other businesses to continue growing and be promoted online. Web development and designer services can be really lucrative, but they must have a great website, marketing campaign and expertise.
7. Nanny Services
Considering a childcare company for your business idea in Houston would be a good place to start. Due to the city being such a metropolitan area a lot of parents will have various working hours and roles that may require some nannying assistance. If you already hold all of the skills required for looking after children this is a great option for you.
8. Software Development
Software development has become one of the most favoured and sought after professions to aid every sector. You can provide client specific software development or develop software that you can roll out in bulk to companies. To make your business more prominent you should invest heavily in marketing.
9. Workplace Trainer Services
Due to Houston’s population and business hub status, there are many businesses that will require them to invest in training for their clients. Opening a trainer service could be very lucrative and is a long-lasting business idea.
10. Computer Repair Clinic
This business requires find a very good location and investing in a good marketing campaign. A computer repair clinic has a lot of potential to grow into a phone repair and other technological repair clinics.
11. Opening a new Restaurant
A new restaurant is always a great business idea if you have done the required research around the city. If you can spot a niche dining opportunity you should definitely go ahead with it. In some cases it may be better to invest in a franchise and open an already successful business.
12. Real Estate
The sale and development of properties has a great potential in such a busy, up and coming city. These businesses are renowned for their easy to set up and quick turn around in profits. You should connect with potential buyers and sellers and keep yourself up to date with potential properties and leads.
13. Messenger Delivery Services
This is a good business plan with very low start up costs and the potential to really grow over a short period of time. A messenger delivery service only requires a small fleet of bikes and a good understanding of the city. Due to Houston’s large business areas, this could be a great opportunity to earn some great profits.
14. Food Delivery Services
As with the messenger delivery service, this business requires a small fleet and a great understanding of the city. You could either partner with one restaurant or many around the same area at first, with the potential to continue to grow over time.
15. Data Entry Services
Companies are continually trying to find a way to outsource these monotonous tasks at every opportunity. It should be an easy task for those people that are great at management. You should look to find a group of like-minded people with the same skill and employ them.
16. Opening a new Hotel
As the city is such a busy and booming place, visited for both business and leisure, opening a new hotel could be very rewarding. You should decide whom you would be targeting. Are you going to open a business based hotel close to the business hub, or a leisure based hotel close to the main sites? These choices should be done with some market research to back them up.
17. Opening a new Hostel
As Houston receives a lot of different people from many cities for a variety of different reasons, sometimes you need a cheap place to stay. Some people are traveling and don’t have the funding to stay in an expensive hotel. Hostels are a great business venture and can be started relatively cheaply.
18. Opening a new Salon
Like in any big city salons are always welcomed and needed. We all prefer more choice, if you can find a new salon that can provide them with right services you need you will probably go with them. Salons have the potential to be very lucrative if they have a loyal customer base and a good write up.
19. A Car Wash
In a city that is so metropolitan opening a car wash is a great way to make quick and easy cash. The best way to gain customer recognition and retention is to locate yourself in an ideal place that most people can gain access to. It is also important to purchase high quality products that will set you above your competitors.
20. A Photography Business
This business idea is great for someone that already possesses great photography skills. This business has very little start up costs and would require the creation of a great website with proof of your skills showcased on there. As you are a start up in a new city it may be prudent to offer some discounts and special offers to make your services seem more interesting to the wider public.
Closing thoughts
Listed above are twenty very interesting and lucrative business ideas you could start up in the city of Houston. There are various other business ideas that should be considered too, please remember to choose a business that you are passionate about, hold the skills to run and want to get involved in.
