Last Updated on September 5, 2022
This list includes lucrative businesses you can start or invest in Georgia. You can also read about small business ideas in the US, UK, Germany, Australia, and Canada.
Famous for its farmland, mountains, and coastal beaches, Georgia is also a perfect location for small businesses. The state has some of the most impeccable business laws with a friendly economic environment for businesses. Small businesses are the highest contributor to the state’s economy.
Georgia is currently one of the largest exporters of trade goods offering services across general categories, finance, transportation, public utilities, and more.
So if you live in Georgia or you intend to relocate with the purpose of starting a business in Georgia, then it might interest you to go through this article as you will learn about some of the most lucrative business ideas in Georgia that you can start.
Table of Contents
25 Lucrative Business Ideas In Georgia
1. Digital Marketing Agency
With so many businesses in the state, companies in Georgia need good digital marketing services. A business offering digital services like online marketing, SEO, social media optimization, online campaigns, and other such services can be a solid business proposition in Georgia.
2. Social Media Consultancy
With the Internet taking over businesses, social media today play a vital role in bringing new customers. Georgia has a number of small businesses that need social media experts to help them broaden their business using specialized social media services.
3. Grocery Store Business
A grocery store is one business that has been known to always thrive among Americans. This is because they can hardly do without groceries. Before you start this business, ensure you have suppliers that would provide you with fresh items all the time.
Also, promptly sell out items that are a few weeks from their expiry date at a discount and remove all items that have expired from your shelf. Following these simple tips will encourage customer loyalty to your business. The startup capital for this business would be determined by the size and scope of the business.
4. Event or Party Planner
If you enjoy organizing and planning parties, then this business is suitable for you. As an event or party planner, you need to be familiar with different trends and have good bargaining skills. It is also advisable you specialize in specific sectors like corporate events or weddings. This business can be done on a large, medium, or small scale.
5. Laundry service
In addition to offering laundry service, you can capitalize on the trend of people being too busy to be able to take care of their laundry. You can offer wash and fold service and dry cleaning services to such customers.
You can even offer to pick up their clothes from their homes and then deliver them back to them in a clean and fresh state. There is also a current trend now where laundry services offer additional non-laundry related services such as food, renting mailbox, offering free internet et al in other to make even more profit.
6. Smartphone Repairing
Similar to other states of America, Georgia has a dearth need for smartphone repair service centers. The business needs a little training and investment, and you are set to go. You can even keep a few other professionals to run your smartphone repair center.
7. Bookshop
Selling books from a bookstore can be a lucrative business in Georgia. People in the state love reading and you can additionally sell books online via different e-commerce platforms. A library cum bookshop with some coffee can turn out to be profitable in a very short span of time.
8. Life Coaching Business
If you are someone who is a good listener with non-judgmental perceptions, a business around helping others is not a bad idea. The life coaching business is all about helping others to deal with the personal challenges in their lives. The business is growing in the state and will probably see a huge jump in the near future.
9. Delivery Services
With businesses going online, several brick-and-mortar stores now need delivery assistants. These stores need people who will pick up the items and deliver them to the local and adjoining areas. You can build a business around the need to cater to these customers.
10. Fitness Centre / Gym
The urge to lead a healthy life has pushed many Americans to take up exercising seriously. A fitness center for everyone could be a profitable proposition in Georgia considering its huge population. The business may require a substantial investment in the early period, but you can easily bring success out of your business in a short period.
11. Ice Cream Parlor
A very popular business in the United States, this sweet business can be a money-spinner in any part of the US. You can start with a little capital and a small space. A successful ice cream shop generally follows the traditional way of scooping ice creams and cups. You can experiment with your own flavors and cones.
12. Homestay Services
With so many tourists traveling to the state, often many travelers look for affordable options. If you have a couple of extra rooms, you can start your own bed and breakfast business in Georgia. With so many travelers traveling to Georgia, you will hardly ever have a dry season.
13. Tech Support
Many small businesses are operating in Georgia, often these companies need back-end and technical support. The big companies have their own in-house technical support teams. But most of these businesses outsource an IT team to support their tech. You can offer these tech services locally like network setup, maintenance, data backup, software installation, and more.
14. Microbrewery
The craft beer business has been very profitable in the United States. Georgia is a growing market and if you can brew your beer with the right brewing technique, people will love it. You can start a chain of your own pubs or distribute your own beer in other pubs. Work on your flavor and make sure it’s different and has perfect quality.
15. Online Business Consultancy
Online consulting could be the perfect business idea for someone who knows well about e-commerce. Georgia has several offline businesses going online and they need experts to use these portals effectively and generate a significant income.
16. Customized Tour Services
The state has a massive tourism industry with a huge number of travelers coming to the state every year. A business offering customized tour services and local transport to the tourists can be highly profitable given the geographical advantage of Georgia.
17. Specialty Food Services
As more people join in to experiment with their diets and eating habits, a specialty food service in Georgia can be big. You can make food according to the diet needs and they are quite well paid. You can even take orders online and work with any pickup service to deliver the orders.
18. Retail Store
The idea of a retail store business includes a number of options. The business will require a sizable investment. But if choosing the right category, you can easily make it viable within a few years. Use good marketing skills, approach manufacturers, and offer add-on services to attract more customers.
19. Food Truck
If you have been planning to open a restaurant, but have limited capital, a food truck is your way to go. A growing business in Georgia, food trucks need much less investment to start. In the US, the failure rate of food trucks is very less compared to conventional restaurants.
20. Advertising Agency
Georgia has a large number of small businesses operating in the state. While the big ones spend a lot to bring in big advertising agencies, small companies can’t afford them due to higher charges. You can start your own marketing agency in Georgia to help companies promote and advertise their products and services.
21. Vending Machine
The vending machine business though Still in the nascent stage, is growing like wildfire throughout the US. A business that needs almost no manpower or a physical store, vending machine business is a profitable business in the long term if you choose to sell the right items.
22. Charter School
A charter school is a publicly funded school run by an outside committee. You will set up a management and the government will fund you to run your school. If you have a unique idea for education in Georgia, starting a charter school seems like a great option.
23. Financial Planner
Often down by debt, more people are now looking for financial experts who will help them with their finances. As a financial planner, you will help people to manage their debts, negotiate interest rates and learn how to make better decisions with their finance. Try working on an annual program or scheme to build and maintain a huge customer base.
24. Buy a Franchise
If you are not interested in starting a business from scratch, buying a franchise of a reputed brand is a good option. There are many profitable low-cost franchise opportunities in Georgia one can consider exploring. Some of them are listed below:
1. Floyd’s 99 Barbershop
2. Rent-a-center
3. Ubreakifix
4. Newk’s Eatery
5. Zips Dry Cleaners
25. Restaurant business
A well-positioned restaurant that offers quality food and service is sure to generate a lot of income for the owner of such a business. In fact, according to the Georgia restaurant association, there are over 13,000 food service organizations in the state alone and they generate more than $14 billion and create millions of job opportunities for a lot of people in the state.
One good thing about the restaurant business is that an owner has the sole right to determine the price they want to sell their menu irrespective of what others around may sell their food for, especially if they are good with the delicacies they whip up. There are various kinds of restaurants you can choose to start if you are interested in opening a restaurant. Examples include fast food restaurants, intercontinental restaurants, local restaurants, family style cafeterias, casual dining restaurants, and fast casual restaurants, amongst others.