Businesses to Start in 2025 for Financial Security

Taking charge of your financial stability is a sentiment that resonates with more people each year. This is reflected in the number of new business formations, which have reached record-breaking highs every year since 2020. Starting a business means being in control of your time and your financial security, and there’s still plenty of opportunity in many industries for first-time business owners in 2025.

Top industries for first-time entrepreneurs

Even with a growing number of new business owners starting LLCs and corporations, there’s plenty of room in many industries for innovation and investment. If you consider your work experience, perspective, and individual talents, there’s a good chance you’ll find a niche you fit into that could help you build an independent financial foundation for yourself.

Consulting

Businesses often look for individuals with experience in business administration, management, and technology to learn from and improve their operations. If you’ve got some experience in the corporate world or niche markets, you could leverage that by offering consulting services by forming an SEO consulting business. Or start a social media consulting company if you’re savvy enough to understand how the algorithm works.

Some of the highlights of running a consulting business are flexible scheduling and a surplus of businesses in many different industries that seek out your services.

What you need: Experience is key for running a consulting business. Your time and your knowledge need to provide long-term benefits to be valuable to another business.

Meal prepping

As people get busier, healthy habits become a lower priority. When it comes to diet, this means less time cooking and more money spent on fast food. If you’ve got a solid understanding of macronutrients and a knack for cooking wholesome and appetizing food, then starting a meal prep business might be the right move for you.

Since most of the work happens in your kitchen, and local deliveries will likely take place outside of business hours, this business model works well for a lot of stay-at-home parents and semi-retired folks.

What you need: A sanitary work environment, cooking skills, and some knowledge of marketing strategies will get you in the door. Certain certifications, like a permit to handle food, might be required to sell your products.

Technology solutions

Technology is one of the broadest categories in modern business. As the world grows more dependent on new devices, artificial intelligence (AI), and the internet, those who have learned to get the most out of these new tools become a valuable commodity.

If you’ve got some experience in mobile application development, consider solving a problem with a new app. If you’ve stayed up to date on the latest AI trends and are an expert at prompting tools like ChatGPT and Midjourney, you might be able to sell your services. Even things like teaching Amazon Alexa owners how to use their devices to simplify their personal lives and business operations is a space where you could offer value.

What you need: Technological know-how, coding experience, and strong research skills can make you a powerhouse if you’re planning on offering technology solution services. Having a great business website to show off your skills and display your portfolio of products can help you gain credibility early on. Trademarking any branding related to a new app or device is a great way to secure your intellectual property.

Tutoring and mentoring services

Eventually, most individuals who want to grow a skill will be on the hunt for an expert to learn from. Creating a private tutoring business is a smaller-scale consulting business model that typically focuses on providing services to consumers, and less to businesses.

Tutoring college students on subjects you have a strong grasp of is a great place to start. Sharing skills you’ve built, like playing an instrument or painting, could be something that parents will hire someone for to enrich their children’s interests.

What you need: The tools you’ll need can vary on the tutoring or mentoring you’re offering. If you’re offering music lessons, you’ll need at least one instrument, but ideally a duplicate for your student. If you’re teaching automotive maintenance, you’ll need some basic tools. Most of all, you’ll need to have achieved a high skill level in whatever subject you’re teaching.

Financial services

Financial literacy is a skill which many people across all ages are lacking. Things like personal financial guidance, investment advice, and tax preparation services are in high demand. Even starting a bookkeeping business is a great way of utilizing both math and finance skills.

Teaching someone to manage money better, save on expenses, or gain greater returns on investments provides an immediate benefit to your clients. This type of service also boasts great potential for longevity, since (for the foreseeable future) money will always be needed, and using and saving it optimally will always present value.

What you need: Depending on the service you provide, education or experience in investing, a CPA license, or a Preparer Tax Identification Number (PTIN) license might be required when you’re offering financial services.

If you’re ready to start that new business idea, Northwest Registered Agent is here to help. We’ll set you up with everything your business needs to grow and stay compliant without breaking the bank. Let us help you form your business.

Turn skills into success

The common thread that connects most successful business owners is execution. By assessing your talents and knowledge and shaping them into a new business, you’ll be able to gain financial independence while solving problems and helping others along the way.