Are you considering starting a small business?
We’ve compiled a list of the best small business ideas for men to launch this year.
You’ll find a list of the most profitable and cost-effective small business ideas for men. We’ve also included interesting success stories and detailed tips.
Men’s Small Business Ideas
- Saw-milling business
- Blogging business
- Tree Trimming service
- Vacation rental business
- Freelance content writing service
- Online store selling outlandish socks
- Self-service car wash
- Moving company
1. Saw-milling Business
Despite paying record wages and salaries (up to $30/hr), the sawmill and wood preparation industry struggles to attract workers. According to a recent Washington Post analysis, wood demand will skyrocket in 2021, but there will be insufficient sawmills to meet the demand. That is why lumber prices are skyrocketing.
Starting a saw-milling business allows you to profit from the high prices. This is exactly what Dave Boyt, a professional sawyer and owner of a portable sawmill, believes (and the person in the image below). He runs this business part-time, which gives him a lot of flexibility and a good income (Boyt’s fee averages around $0.35 per board foot). Check out his detailed Hobby Farms article for more information on this small business idea.
How profitable is this business idea?
It is entirely up to you how much money you can make. You can charge anywhere between $20 and $70 per hour due to the current labor shortage and high prices (but the price also depends on the expenses and materials worked).
2. Blogging
Kevin O’Leary grew up cooking and baking with his mother. Then he took a cooking class and realized that the craft was a great way for him to express himself. Today, he is the owner of Kevin Is Cooking, a cooking blog full of delicious recipes.
Many men, like O’Leary, have gone on to become food bloggers. The reason is straightforward: starting a blog is simple, and you can work part-time or full-time. But the best part is that you get to write about something you are passionate about (because blogging can be about anything). You name it: cooking, watches, car repair, fashion, home & DIY.
How profitable is this business idea?
This men’s small business idea can earn between $500 and $3,000 in the first year. Bloggers monetize their blogs in a variety of ways (sponsored posts, brand ambassadorships, and on-blog advertising are some of the most common). Additionally, if you have sufficient expertise, you can create and sell courses to generate additional revenue.
3. Tree Trimming Service
It’s a fantastic small business idea for men because, well, there will never be a shortage of trees that require professional care. In fact, two out of every three backyard owners say they plan to hire a service to help them care for trees, shrubs, and other woody plants. As a result, the residential tree service industry is thriving.
Training and certification requirements vary by state, but the willingness to work hard is what counts. Monster Tree Service CEO Josh Skolnick is a great example. He began by mowing lawns and then expanded into tree removal. When people in his neighborhood saw that he had successfully removed a tree that was blocking one of his neighbors’ driveway, offers began to pour in. On that single day, he sold $20,000 in work (and was paid $2,500 for the first tree removal project).
How profitable is this business idea?
According to the US Bureau of Labor Statistics, the annual wage of a tree service worker ranges between $27,510 and $64,520. According to Arborists Near Me, a popular listing website for tree service companies, the majority of businesses make at least $500,000 per year. Furthermore, according to various sources, urgent projects such as storm work can pay up to $50 per hour.
4. Vacation Rental
Do you have a spare room in your home? Or maybe it’s just a spare room that you always meant to turn into a gym but never did? Or a vacation home where you rarely go? If you answered yes to any of these questions, this small business idea for men might be a good fit for you.
The concept is simple: simply rent out that space to travelers through sites like Airbnb. Evan Kimbrell decided to rent his San Francisco home and now earns between $6,000 and $11,000 per month. Obviously, he quit his 9-to-5 job and even created an online course to teach how to rent a single room for up to $250 per night. Check out the video to learn more about how he uses Airbnb.
How profitable is this business idea?
Hosts can earn between $50 and $500 for a single room (depending on the location of the property). You can earn between $500 and $5,000 per month if you rent out an entire apartment.
5. Freelance Content Writing
Many websites struggle to consistently produce high-quality content. This is a problem because the content is essential for ranking high on Google. As a result, there is a fantastic opportunity for those who enjoy writing about a variety of topics.
Tom Gerencer is an excellent example of a freelance writer who runs his own business. Gerencer has stated in interviews that even beginners can create great content if they learn the fundamentals of online research and value-focused writing. So, if you enjoy researching and writing, this small business idea could be beneficial to you.
How profitable is this business idea?
For a 1,000-word post, beginning freelance content writers charge around $50. You can earn between $100 and $500 for the same project as you gain more experience and learn the business. You can also charge by the hour (freelance writers typically charge between $20 and $50 per hour).
6. Online Store Selling Mismatched and Fun Socks
Although unusual, one of the most promising small business ideas for men. In 2020, the global socks market was worth $43.6 billion, and it is expected to grow at a 6.3% annual rate between 2021 and 2026. Furthermore, studies have shown that people who dress outrageously are perceived by others to be more creative, brilliant, and successful. Many people like this.
As a result, there are numerous examples of successful businesses selling creative socks. One of them is Voyce Threads. Drew Shaw, an elementary school teacher, got the idea from a character in a children’s book who wore mismatched socks. He sells his products for $16 per pair and donates a large portion of his profits to various charities.
How profitable is this business idea?
Running a socks store can be a lucrative business. Margins in the niche are typically around 60%, so your profits could be as high as $10 per pair. So, if you sell 50 pairs per day at a profit of $7 each, you’d make $350. You can also create pop culture and limited edition collections to increase your profits.
7. Self-Service Car Wash
This men’s small business idea has always been relevant. Governments all over the world have lifted restrictions on car washes, so you can start this business as long as you follow the COVID-19 regulations in your area.
Starting a car wash has numerous advantages for new entrepreneurs. Opening a car wash is relatively inexpensive (starting at around $15,000), and there are numerous opportunities to sell additional services. Furthermore, self-service washes require little staff and upkeep.
How profitable is this business idea?
A self-service car wash with additional services can earn $10 to $30 per client. So, if your car wash serves 100 cars per day at $20 per car, you’ll make $2,000 in gross profits per day.
8. Moving Company
Despite the pandemic, many Americans are on the move as real estate prices rise. In fact, over 7 million households relocated in 2020. (mostly from large metropolitan areas to more affordable places). Movers were, and continue to be, in high demand. As a result, the salary of a non-managerial worker in the industry will increase by 14% in 2021.
With so many people choosing to relocate, establishing a moving company is a viable small business opportunity for men. Because the demand here clearly outnumbers the supply, you can seize this opportunity and win big.
How profitable is this business idea?
The standard cost per mover is $30, and you profit from each project. A one- or two-man team can earn more than $50,000 per year. Profits are linked to the range of services you provide, so there are opportunities to increase cash flow even further.
