In this article, I will discuss the Best Businesses to Start in the UK, focusing on ventures that are profitable, in-demand, and suited to the UK’s current market trends.
- Key Points & Best Businesses To Start In the UK In 2024 List
- 10 Best Businesses To Start In the UK In 2024
- 1. E-commerce Store
- 2. Sustainability Consultancy
- 3. Digital Marketing Agency
- 4.Personal Finance Coaching
- 5.Home Renovation Services
- 6.Subscription Box Business
- 7. E-learning and Tutorials
- 8.Virtual Assistant Services
- 9. Local Restaurant Deliveries
- 10.Mobile Car Wash & Valeting
- Conclusion
Whether you’re looking for a flexible side hustle or a full-time enterprise, these business ideas offer great opportunities for growth, low startup costs, and strong potential in 2024 and beyond.
Key Points & Best Businesses To Start In the UK In 2024 List
| Business Idea | Key Point |
|---|---|
| E-commerce Store | Growing online shopping trend and low startup costs |
| Sustainability Consultancy | High demand from companies aiming for net-zero emissions |
| Digital Marketing Agency | SMEs need help with online presence and lead generation |
| Personal Finance Coaching | Rising interest in financial literacy and budgeting |
| Home Renovation Services | Boom in home improvement and property upgrades |
| Subscription Box Business | Popular in niche markets like health, pets, and snacks |
| Online Education or Tutoring | High demand for personalized, flexible learning options |
| Virtual Assistant Services | Startups and solopreneurs outsourcing admin tasks |
| Local Food Delivery Service | Focus on healthy, local, and eco-friendly food options |
| Mobile Car Wash & Valeting | Eco-friendly and convenient car care solutions in urban areas |
10 Best Businesses To Start In the UK In 2024
1. E-commerce Store
The trends in consumer behavior will continue to pivot towards online shopping which makes starting an e-commerce store in the UK a worthwhile venture in 2024. The flexibility of business models makes selling physical goods, handmade items, or dropshipping appealing, along with low overhead expenses.
The launch is made easier by platforms such as Shopify and Etsy, and success is more probable when focusing on niches (e.g. eco-products, local crafts, or personalized items). Even the smallest players can compete with effective SEO, social media marketing, and a customer-centric website.
Delivering optimal customer service paired with effective identification of low-competition, high-demand products bolsters the chances of success.
| Feature | Details |
|---|---|
| Startup Cost | Low to medium (depends on inventory model) |
| Business Model Options | Dropshipping, print-on-demand, inventory-based |
| Flexibility | Can operate 100% online |
| Popular Niches | Fashion, eco-products, tech accessories |
| Tools Required | Shopify, WooCommerce, payment gateway, SEO tools |
2. Sustainability Consultancy
The UK’s net-zero emissions goal by 2050 sets new expectations for businesses. A sustainability consultancy assists a business with practices such as reducing their carbon footprint, improving environmental practices, and integrating ESG compliance into their business model.
They can conduct waste audits, develop energy efficiency strategies, or writing sustainability reports. There is rapid growth in this market since even small scale businesses have started seeking eco-friendly certifications.
If you have a background with environmental science, policy, or green technology, this business can be very impactful. It augments support from the public and the government towards green initiatives and is, therefore, ideal for activists entrepreneurs.
| Feature | Details |
|---|---|
| Target Market | SMEs, corporations, local councils |
| Services Offered | ESG compliance, carbon audits, green certifications |
| Skills Needed | Environmental science, policy knowledge |
| Growth Potential | High (UK net-zero goals support demand) |
| Operating Model | Freelance or small team consultancy |
3. Digital Marketing Agency
The proliferation of business models has led to increased need for online visibility. UK startups and SMEs need SEO, social media management, PPC advertising, and email campaigns for their growth, so having a digital marketing agency helps. If you have the right skills or a small remote team, you can start this agency from home with very little initial costs.
Digital marketing is especially helpful for local businesses trying to stand out. As E-commerce and content driven strategies increase, vertically focused agencies (like those serving the fashion, tech, or hospitality sectors) will be able to dominate the market.
| Feature | Details |
|---|---|
| Services Offered | SEO, social media, PPC, content marketing |
| Client Types | SMEs, e-commerce, personal brands |
| Startup Cost | Low (mostly skill and software-based) |
| Revenue Model | Project-based or monthly retainer |
| Tools Required | Google Analytics, Canva, Meta Ads Manager |
4.Personal Finance Coaching
With inflation and the economy being uncertain, specifically the UK, residents are looking for more control over their finances. Personal finance coaching assists people in managing debts, saving more, investing, and planning for retirement.
This type of business can be operated either online or face-to-face, and is appealing to millenials and gen Z professionals. Since financial guidance is not regulated unlike financial advisors, coaches can market their services through social media, webinars, and workshops.
Having a background in finance, or personal experiences dealing with financial challenges can showcase credibility. It is a fulfilling, scalable business model that addresses a growing need.
| Feature | Details |
|---|---|
| Audience | Young professionals, families, students |
| Services Offered | Budgeting, saving plans, debt reduction |
| Certification Required | None (unless offering regulated financial advice) |
| Delivery Mode | Online sessions, webinars, workshops |
| Marketing Channels | Instagram, TikTok, LinkedIn |
5.Home Renovation Services
The UK spending on housing is encouraging people to renovate rather than move, increasing home renovation opportunities. Upgrading kitchens, loft conversions, energy-efficient installations, and garden landscaping are all in great demand.
This provides skilled tradespeople and contractors with the opportunity to build a business based on word of mouth. With a focus on sustainability, offering eco-friendly materials or energy-saving solutions can differentiate your service.
There is a strong ROI from renovational work due to high demand from homeowners. Working with interior designers or estate agents can also increase referrals.
| Feature | Details |
|---|---|
| Services Offered | Kitchens, bathrooms, loft conversions, insulation |
| Clients | Homeowners, landlords, property developers |
| Required Skills | Trade certifications, project management |
| Investment Level | Medium to high (tools, vehicles, licenses) |
| Growth Area | Eco-renovation, energy-efficient upgrades |
6.Subscription Box Business
In the UK, subscription boxes are on the rise especially amongst beauty, books, snacks, and even pet products. This model fosters brand loyalty, while generating predictible monthly revenue.
Understanding the goals of the business is crucial, selecting a niche market, high-quality curation items or exclusives and providing an engaging unboxing experience.
It is inexpensive to start and can easily be scaled using social media, influencer marketing, and subscription services like Cratejoy.
Collaborate with local small UK producers to create unique differentiating items not available to global competitors. Personalization and sustainability are strong selling points to gain customer loyalty.
| Feature | Details |
|---|---|
| Product Focus | Niche categories (e.g., snacks, wellness, books) |
| Revenue Model | Recurring monthly payments |
| Customer Retention | High, if product is engaging and quality is consistent |
| Fulfillment | In-house packing or third-party logistics |
| Brand Building | Crucial for loyalty and word-of-mouth growth |
7. E-learning and Tutorials
We now live in a world where online learning is commonplace and a viable business option. There is increased interest in academic tutoring, skill development courses, and even test preparatory classes for all ages.
With Zoom, Teachable, Udemy, and so many other platforms, developing and delivering content has become much simpler. If you are an expert in a certain area, say maths, coding, or even creative writing, you can get students from all over the country or even overseas.
The UK’s multicultural population coupled with the existing gaps in personalized educational support means there is ample scope for targeted assistance. Increased remote working and homeschooling have made this ideal for educators, freelancers, and anyone looking to share knowledge for profit.
| Feature | Details |
|---|---|
| Target Audience | Students, professionals, hobbyists |
| Delivery Format | Live sessions, recorded courses |
| Platform Options | Zoom, Teachable, Udemy, Kajabi |
| Specializations | Academic tutoring, coding, creative skills |
| Certification Requirement | Optional (helpful for credibility) |
8.Virtual Assistant Services
A large number of businesses and contractors in the UK are digitally outsourcing their administrative work, customer service, research, and even calendar management. Creation of virtual assistant services requires a quite low cost to start; all that a person requires is a working laptop, internet access, and organizational skills.
It is a perfect fit for employees who want to work remotely and on a flexible schedule. You can either specialize in a niche market (like a legal, real estate, or marketing VA) or start an agency and hire specialized staff.
Unlike in the past, there is more focus on cost efficiency and flexibility in business operations, hence the increasing demand for VAs. Ffiverr and Upwork along with LinkedIn are amazing platforms where you can get your first clients and create a portfolio for yourself.
| Feature | Details |
|---|---|
| Services Provided | Admin, email handling, calendar management |
| Target Clients | Solopreneurs, coaches, small businesses |
| Tools Needed | Google Workspace, Trello, Slack |
| Work Model | Freelance or agency setup |
| Expansion Potential | Can scale by building a VA team |
9. Local Restaurant Deliveries
In recent years, there has been a notable increase in the demand for fresh and healthy food especially in the UK towns and cities. Starting a business focused on meal prep, farm boxes, or artisanal groceries can be very fulfilling, especially when paired with sustainability and health.
You can either rent a kitchen to cook, or partner with local food producers. Unlike big delivery apps, your service can emphasize quality as well as community connections.
These new-age consumers appreciate hyperlocal marks and green delivery methods such as bicycles and electric cars. With well-defined logistics, this business can achieve sustainable growth through word-of-mouth and social media.
| Feature | Details |
|---|---|
| Delivery Focus | Healthy meals, farm produce, local delicacies |
| Target Audience | Health-conscious, busy professionals, families |
| Logistics | Local sourcing and eco-friendly delivery |
| Marketing Strategies | Community outreach, social media, partnerships |
| Regulatory Needs | Food safety certifications, delivery permits |
10.Mobile Car Wash & Valeting
Starting a mobile car wash and valet business is eco-friendly, affordable, and highly profitable in both the residential and commercial sectors. Busy individuals are particularly thankful for on-site services.
If the operation is done with little to no water, there is additional financial and environmental benefit. Like other businesses, self-employment in mobile car washing makes one their own boss. All that one needs is the mobile unit, the necessary cleaning equipment, basic tools, vehicle, and proper branding.
One can take marketing to the next level through an effective flyer campaign in strategic locations, Google My Business, and local SEO to reach customers looking for services. As an added advantage, these types of services can be done through subscription plans that guarantee income month after month. It is in demand, very easy to start, and offers great flexibility in working hours.
| Feature | Details |
|---|---|
| Service Type | Exterior/interior wash, detailing, waxing |
| Setup Required | Cleaning supplies, van, waterless systems (optional) |
| Client Base | Residential, corporate fleet, event valet |
| Eco-Friendly Option | Low-water or biodegradable products |
| Booking System | Phone, mobile app, or website-based |
Conclusion
In summary, The most ideal businesses to start in the UK in 2024 have a focus on flexibility, scalability, and sustainability as well as digital services and convenience.
Both online and local, these businesses can succeed with the right approach and persistently meet the demand of consumers. Achieving success relies heavily on proper market analysis, effective advertising strategies, and giving customers genuine value time and time again.
