With the ever-increasing demands of working full-time and raising a family, most homeowners don't have the time or energy to maintain their homes on top of all their other commitments. So, the home service business sector has skyrocketed, and there’s much more money to make!
The following home service businesses are not seasonal. And according to revenue projections, these sectors will grow exponentially. Primarily if you identify niche services that your competitors lack.
Moreover, even though setting up your own home service business sounds relatively straightforward, that is not always the case. So, if you want to know which types of businesses are currently in high demand – read on!
1. House Cleaning Services
The global commercial cleaning sector is expected to grow from $60.25 billion in 2019 to a staggering $88.9 billion by 2025. Thus, offering deep cleaning services can be highly profitable if you differentiate your business from others by providing many services in your area that others don't.
So, consider providing unique services that set you apart from competitors, like post-events or party cleaning, high-pressure cleaning, or post-construction cleaning services.
2. Pet Sitting
If you prefer animals to people (who could blame you), turn your passion into a business. Most pet owners love their animals but lack time to take care of their essential needs. So, there is always a great demand if you build an excellent reputation and spend time marketing your services.
Profitable business ideas included mobile pet grooming and veterinary services, pet walking, dog training, and breeding services.
3. Professional Organizing Services
If you are adept at creating order out of chaos, use that exceptional organizational skill to help others who are drowning in clutter.
Professional organizers are in high demand for services like decluttering homes, arranging wardrobes, and garages, including corporate services like relocations, storage management systems, and clear-outs.
4. Automobile Services
There will always be a demand for automobile-related services. So, if you consider yourself a petrolhead, use it to your advantage to assist a client who doesn’t have the time to maintain, repair, or clean their cars.
Even though you might need some skills training to start some of the following businesses, you could already be working in that line of work for a boss:
5. Home Refurbishment and Repairs
Even though most people are focused on starting trendy online businesses, there is still a huge need for old-school maintenance and repair services throughout the USA. (Related article: Field Service Management Best Practices That Will Keep Your HVAC Business Efficient)
So, if you are naturally adept at fixing practically anything, or have professional experience in a specific field, turn that skill into business or a lucrative side hustle with any of the following businesses:
6. Elderly Care
If you have always had a “soft spot” for elderly people or have experience caring for a loved one, consider turning it into an elderly care business.
With a dramatic rise in the number of mature adults who need personal care at home, the demand for experienced caregivers is likely to increase in the next decade, so you will always have clients who need the following services:
7. Academic Support Services
Most parents want to see their children excel academically and are willing to pay (handsomely) for additional academic support and training to give them a competitive edge in life.
So, if you are a lifelong learner and have a passion for education, consider any of the following businesses:
8. Vacation Rental Management
Many vacation homeowners don’t have the time to manage their property rentals. So, turn it into a business if you are adept at social media marketing, capable of overseeing online listings, and have experience in property management and dealing with clients. The Vacation Rentals industry is expected to generate revenue in the region of US$19.39bn this year alone, with an expected growth rate of 1.49% year-on-year, so it’s a growing industry.
By catering to the needs of discerning guests with little personal touches that set you apart from other vacation rental managers you can grow your portfolio and build a successful business.
9. Health and Wellness Services
Undoubtedly, the health and wellness sector is booming and will continue to do so. Because so many people have realized how essential mental, physical, and spiritual well-being is to their overall health, they are willing to pay for that expertise.
So, if you are a fitness fanatic interested in alternative healing, nutrition, or spirituality, offering any of these services would be a great fit:
10. Parental Support
New parents with demanding careers often feel out of their depth, so it's no surprise that businesses that provide family support are in great demand!
Thus, if you love the idea of working with children, and helping their parents, consider any of the following businesses:
11. Home Staging Services
Home staging professionals are skilled in interior design and know what it takes to make a home look spectacular.
So, if your house looks like a “show home”, and you can spend countless hours rearranging a room with great results – home staging is your calling!
You don’t need a significant capital outlay when you start your business, as you can use a homeowner’s décor and furnishings and then acquire new furniture and decorative items once more realtors use your services.
12. Private Concierge Services
Time is money; thus, most people would be happy knowing someone else will handle time-consuming errands or tasks. Therefore, if you have time on your hands, and love helping people cope with their never-ending to-do lists, consider starting a private concierge service.
Private concierge services include:
Final Thoughts
There will always be wealthy homeowners who are time-poor, so with that in mind, investing in a home service business with year-round demand is a sound investment. Particularly if you offer a niche service and build a reputation for excellence.