10+ Best & Profitable Rural Business Ideas [2023]

Looking to start a business in rural areas? Check out these 10+ profitable rural business ideas that have been proven to succeed in 2023. Learn more now!
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

Image of rural business ideas
This page may feature products from our affiliate partners, which could influence the products we discuss due to potential compensation. Despite this, our evaluations are impartial, based solely on our independent analysis. The content here is intended for informational purposes and should not be seen as legal advice. For professional guidance, consulting with a legal expert is recommended.
What are you waiting for?
Quit that job & start your business with ZenBusiness today.

Hey there, future entrepreneurs! Ever dreamt of ditching the hustle and bustle of city life and setting up your own business in the serene, open spaces of rural areas? Well, you're not alone. As we step into 2023, more and more people are exploring the untapped potential of rural businesses. They're seeking a life that's not just profitable, but also fulfilling and connected to the earth. Sounds like a dream, right?

But wait, before you pack your bags and head for the hills, you might be wondering - what kind of business can you start in a rural area? Is it going to be profitable? Can you really make a living out of it? Don't worry, we've got you covered. In this article, we'll be diving into the top 10+ best and profitable rural business ideas for 2023. These are not just ideas, but proven models that have changed the lives of many.

So, whether you're a city dweller looking for a change of pace, or a local resident wanting to capitalize on the resources around you, this article is your guide. Get ready to be inspired, educated, and motivated. Let's explore the world of rural entrepreneurship together!

Poultry Farming

Poultry farming is the process of raising domesticated birds such as chickens, turkeys, geese, and ducks for the purpose of harvesting their eggs, meat, and feathers. As a business idea, poultry farming offers numerous advantages that attract aspiring entrepreneurs;

  • Low start-up costs
  • Efficient use of resources
  • Flexible production cycles
  • High demand for poultry products
  • Ability to scale up over time
image of a Poultry Farming

Beekeeping

Beekeeping is a great business idea for those living in rural areas. It can provide a stable source of income and it also has the potential to benefit the environment. Here are some of the benefits of starting a beekeeping business:

  • A diversified income stream from selling honey and other bee-related products.
  • A growing market for organic honey and bee products.
  • Can enhance pollination of garden plants, fruits and vegetables, helping to boost yields.
  • A unique opportunity for education to help conserve bee populations.
Featured Business Formation Partners
image of ZenBusiness logo
ZenBusiness
Turn your business vision into reality with ZenBusiness's streamlined LLC formation and expert support services.
Newfoundrz Rating ★★★★★
image of Northwest Registered Agent logo
Northwest Registered Agent
Secure your business's future with Northwest Registered Agent's personalized LLC formation and privacy-focused expertise.
Newfoundrz Rating ★★★★★
image of Bizee logo
Bizee
Kickstart your business effortlessly with Bizee's comprehensive LLC services and free first-year registered agent support.
Newfoundrz Rating ★★★★★

Examples of successful businesses:

Here is a list of successful companies in the rural business industry:

  • Johnson & Johnson
  • Walmart
  • Cargill
  • Tyson Foods
  • Kroger
  • Hormel Foods
  • McDonald's Corporation
  • General Mills Inc.
  • Phillips 66 Company
  • Western Refining Inc.

Fishery

A Fishery is a business that specializes in raising, harvesting, and selling fish. A fishery can make a good business idea for a number of reasons:

  • A fishery can provide sustainable, healthy food in an environmentally conscious way.
  • The costs associated with setting up a fishery are usually fairly low.
  • The demand for fresh fish is high and consistently growing.
  • The operation of a Fishery can provide numerous economic and employment opportunities.

More resources:

Dairy Farming

Dairy farming is an agricultural business that involves keeping and raising cows to produce milk, cheese, butter, and other dairy products. It can be an excellent business opportunity for those that are looking to make a steady income in the agricultural sector. The following are some of the benefits that come with owning a dairy farm:

  • Cost-effective production of high-quality products.
  • Low labor costs – much of the work is automated.
  • Year-round production – since cows need to be milked daily.
  • Growing demand for organic and sustainable dairy products.
  • Strong potential for profit compared to other agricultural businesses.

Crop Cultivation

Crop cultivation is the practice of growing and producing crops for human consumption. It is a key component of the agricultural industry, which in turn is a major contributor to the world economy. Crop cultivation can be a profitable business idea as it ensures an abundant supply of food, feed, fiber, and fuel. Here are some of the reasons why crop cultivation makes a good business idea:

  • It provides a steady source of income that can be counted on.
  • It is an environmentally friendly way to produce food.
  • It helps increase local food security by producing food locally.
  • It can help to diversify and strengthen local economies.
  • It can help reduce the cost of transportation for food products.
  • It enables efficient use of land and other resources.

Related business ideas:

Floriculture

Floriculture is the cultivation, production, and marketing of flowers and ornamental plants. It is a great business idea because it offers a wide range of potential opportunities to entrepreneurs, from commercial greenhouses for large-scale growers to smaller operations that focus on a specific product or market. Some of the advantages of starting a floriculture business include:

  • Low start-up costs
  • Low overhead
  • High demand for products
  • Potential to make a large profit margin
  • Potential to reach new markets
  • Opportunity to develop relationships with customers and suppliers

Grain Milling

Grain milling is the process of grinding grain into a flour or meal which can be used for food production. It is an ancient process, but it has become increasingly important in modern times as people have become more health and environmentally conscious. Grain milling is a lucrative business opportunity for those looking for a unique, profitable venture. Here are some reasons why:

  • High Demand – Consumers are becoming more aware of the nutritional benefits of whole grains and the advantages of milling their own flour
  • Flexible – You can start your own business on a small scale at a very low cost, or you can expand your business to include larger commercial operations
  • Profit Margins – Grain milling is an efficient process, so there are high margins of profitability
  • Environmentally Friendly – A grain milling business uses renewable energy sources, reducing its carbon footprint

Agricultural Machinery Repair And Maintenance Services

Agricultural machinery repair and maintenance services provide necessary services to farmers. These services involve the maintenance, repair and upgrading of farm equipment. With the growing importance of agriculture in many parts of the world, an agricultural machinery repair and maintenance business can be a very profitable venture. Here are some benefits of starting an agricultural machinery repair and maintenance business:

  • You can provide specialized services to farmers.
  • You can use modern tools and equipment to increase the efficiency of repairs.
  • You can provide services such as installation, customization and upgrades.
  • You can offer operators regular training programs for using the equipment.
  • Your services may be needed on a regular basis or on an emergency basis.

Handicrafts Production And Marketing

Handicrafts production and marketing is a business concept that involves creating handmade goods and finding ways to sell them for profit. Handicrafts can range from paintings to furniture, jewelry to textiles, and more. This type of business is becoming increasingly popular as the demand for handmade products grows. Here are some of the benefits of starting a handicrafts production and marketing business:

  • Low cost – Handmade items generally require a low amount of materials and tools to produce.
  • High potential profits – Handmade items can often be sold at a premium due to their uniqueness.
  • Passion-fueled – Enjoyment of the craft itself keeps entrepreneurs motivated and energized.
  • Opportunity for creativity – No two pieces are exactly alike.
  • Wide range of customers – Many people prefer buying handmade items over mass-produced ones.

Organic Farm Produce Sales

Organic farm produce sales is a great business idea for those looking to provide their customers with fresh, healthy produce, sourced directly from farmers. By providing customers with sustainably-grown food, this type of business can help promote sustainable farming practices and provide an excellent source of income for farmers. There are several key elements to consider when running this type of business:

  • Sourcing products from local farms
  • Establishing relationships with local farmers
  • Ensuring quality control and food safety regulations are met
  • Providing customers with a selection of organic produce
  • Adhering to environmental sustainability practices
  • Developing effective marketing strategies to increase sales

Newfoundr

Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.