Category: Starting a Business

12 High Cash Flow Businesses to Start in 2024

December 6, 2023 Gerri Detweiler

When you think of what makes a successful business, it’s likely you think of a high cash flow business. It brings in plenty of money and expenses are low. Here we’ll share some of the best cash flow business ideas, along with tips for financing your new business. Table of contentsWhat Is the Criteria for a High Cash Flow BusinessBest High Cash Flow Business Opportunities for 20241. Digital course creation2. Pressure washing business3. Consulting/coaching in area of expertise4. Accounting or… Read More

How to Start a Restaurant: A Step-by-Step Guide

December 4, 2023 Thomas Plaizier

Opening a restaurant can be an exciting and rewarding experience. Whether you’re passionate about cooking or hospitality, there are many factors to consider before getting started. This step-by-step guide will help you navigate the process of starting your own restaurant, from creating a business plan to obtaining the necessary licenses and permits. An Introduction to Starting a Restaurant Starting a restaurant can be an exciting and rewarding venture. Not only do you get to share your love for food with… Read More

How Much Does It Cost To Open a Laundromat in 2024

November 28, 2023 Gerri Detweiler

If you open or purchase a laundromat, you’ll be in good company. There are about 30,000 coin laundries in the US, generating about $5 billion in annual revenue, according to the Coin Laundry Association, which represents the laundromat industry. A laundromat in the right location can create a profitable business for years to come. But how much does it cost to open a laundromat? Here we’ll explore the costs and benefits of a coin laundry business. Start a Laundromat in… Read More

Buying An Existing Business in 2025

October 25, 2023 Tiffany Verbeck

Jump to SectionShareFacebookLinkedInTwitterShare LinkState of the "Businesses for Sale" MarketPros and ConsWhere to Find Existing BusinessesWhy Consider a Boring Business7 Steps to Buying a BusinessDue Diligence and Legal Considerations Funding OptionsFAQs There are many opportunities to buy an existing business, offering an excellent way to break into entrepreneurship without starting from scratch. The positives of buying an existing business include inheriting a customer base and operational plan, while the negatives include a potentially high purchase price, inaccurate financials, and problems that… Read More

Startup Costs for a Health Information Website: What You Need to Know

August 11, 2023 Tiffany Verbeck

Deciding to start a health information website can be lucrative — the entire healthtech (healthcare technology) industry is expected to be worth $721 billion by 2026. More and more people are turning to digital healthcare options, especially since the pandemic left many people unwilling to go to in-person appointments. While health care costs are going up, telehealth usage has increased since the start of the pandemic and is only expected to continue rising. In this article, learn what challenges you’ll… Read More

How to Start and Finance Your Own Auto Repair Business in 2023