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Starting a Small Business in Nevada

Welcome to the Small Business Startup Nevada Franchise Directory! Here, you’ll find everything you need to begin your journey to business ownership in The Silver State. If you’re considering starting a small business in Nevada, read on for an overview of the state economy. Afterward, explore business opportunities and franchises for sale with our Nevada Franchise Search Tool.

Nevada Industry Trends

If an industry is performing well, business opportunities within it are often worth exploring. Begin your market research with this list of the Nevada economy’s most significant industries in 2022. Afterward, take your research one step further by investigating niche markets and B2B opportunities within one of these top revenue-generating industries.

Tourism (Revenue: $317.6 billion)
Casino Hotels (Revenue: $28.9 billion)
New Car Dealers (Revenue: $11.4 billion)
Hospitals (Revenue: $10.6 billion)
Lotteries & Native American Casinos (Revenue: $9.6 billion)
Gasoline & Petroleum Bulk Stations (Revenue: $8.0 billion)
Supermarkets & Grocery Stores (Revenue: $7.7 billion)
Wine & Spirits Wholesaling (Revenue: $7.7 billion)
Gold & Silver Ore Mining (Revenue: $7.3 billion)
Health & Medical Insurance (Revenue: $7.0 billion)

Nevada Sector Statistics

When starting a small business in Nevada, gross domestic product (GDP) is another tool entrepreneurs can use to make investment decisions. Generally, a steadily rising GDP means that people are spending more money and creating more jobs.

The three sectors contributing most to Nevada’s GDP in 2022 were Real Estate, Rentals & Leasing; Accommodation & Food Services; and Retail Trade. Combined, these three sectors represented 34.0% of the state’s GDP. In 2022, the sectors that contributed most to Nevada’s GDP included:

Real Estate, Rentals & Leasing (Value: $22.9 billion* | Annual growth: 1.8%)
Accommodation & Food Services (Value: $13.8 billion* | Annual growth: -2.1%)
Retail Trade (Value: $12.5 billion* | Annual growth: 3.2%)
Healthcare & Social Assistance (Value: $10.8 billion* | Annual growth: 3.5%)
Construction (Value: $10.4 billion* | Annual growth: 3.7%)
Manufacturing (Value: $9.7 billion* | Annual growth: 9.1%)
Finance & Insurance (Value: $9.5 billion* | Annual growth: 7.8%)
Professional, Scientific & Technical Services (Value: $9.1 billion* | Annual growth: 6.5%)
Information (Value: $7.8 billion* | Annual growth: 13.1%)
Wholesale Trade (Value: $7.4 billion* | Annual growth: 3.2%)
Administration, Business Support & Waste Management Services (Value: $5.6 billion* | Annual growth: 4.8%)
Management of Companies & Enterprises (Value: $5.4 billion* | Annual growth: -13.8%)
Transportation & Warehousing (Value: $5.0 billion* | Annual growth: -4.0%)
Mining (Value: $4.8 billion* | Annual growth: 2.3%)
Arts, Entertainment & Recreation (Value: $4.1 billion* | Annual growth: 5.0%)

*Approximately

Nevada Population Statistics

A growing population often means greater demand and a steady flow of new customers. If you are undecided about the location of your new business, start by investigating population statistics. Afterward, take your research a step further by exploring population demographics. Doing so lets you decide whether a location is a good match for your target market.

In 2022, counties with the highest populations in Nevada included:

Clark (Population: 2.4 million | Annual growth rate*: 1.9%)
Washoe (Population: 489,500 | Annual growth rate*: 1.3%)
Lyon (Population: 60,800 | Annual growth rate*: 2.1%)
Carson City (Population: 56,700 | Annual growth rate*: 0.6%)
Elko (Population: 53,400 | Annual growth rate*: 0.4%)
Nye (Population: 50,600 | Annual growth rate*: 2.6%)
Douglas (Population: 49,600 | Annual growth rate*: 0.5%)
Churchill (Population: 26,100 | Annual growth rate*: 1.4%)
Humboldt (Population: 17,100 | Annual growth rate*: 0.3%)
White Pine (Population: 9,400 | Annual growth rate*: -0.5%)
Pershing (Population: 6,500 | Annual growth rate*: -0.4%)
Lander (Population: 5,500 | Annual growth rate*: -0.4%)
Lincoln (Population: 5,100 | Annual growth rate*: -0.3%)
Mineral (Population: 4,500 | Annual growth rate*: 0.1%)
Storey (Population: 4,300 | Annual growth rate*: 1.4%)
Eureka (Population: 2,100 | Annual growth rate*: 0.7%)
Esmeralda (Population: 920 | Annual growth rate*: 1.9%)

*From 2017 to 2022.

Nevada Business Opportunities

We hope this snapshot of the Nevada economy helps as you investigate business opportunities in The Silver State! Starting a small business in Nevada is an exciting journey, and we know you’re probably eager to get started. But remember, take your time to explore all your options. While you’ll always have the “opportunity” to start your own business, sometimes, it makes more sense to invest in an opportunity that already exists. These are called “Franchise Opportunities,” and they offer several benefits, including the recognition of a well-established brand and a proven track record of success.

To learn more, start by exploring franchise opportunities in Nevada below!

Explore Opportunities and Insights

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Cooper's Scoopers

Ready for a rewarding new opportunity? Coopers Scoopers is growing nationwide Take control of your schedule, be your own boss, and make a difference in the lives of pet owners. Were here to guide you every step of the way

$40,000 Min Cash Required

American Business Systems

American Business Systems (ABS) is the fastest way to start your own medical billing business. 100 Money-Back Guarantee. Profit from ABS 25 years as America's leader in Medical Billing and get Live Online Training and Free Lifetime Support.

$35,000 Min Cash Required

Proper Ecom

We build and manage Amazon stores for you. You bring the startup capital. We set up your store, add high-demand products, and handle everythinglistings, shipping, customer support, and growth. You own the store and keep the profits. We run the business behind the scenes for you.

$100,000 Min Cash Required

SiteSwan

Start your own web design business with SiteSwan. Create & sell websites to small businesses in your area with our easy-to-use, private label website builder. Set your own prices - keep 100 of the sales. Our turnkey platform is designed for anyone looking to sell websites to small businesses - no experience needed.

$199 Min Cash Required

Wealth Automators

Click the video below to learn how Wealth Automators eCommerce stores provide bi-weekly income for the store owner by selling only USA products on Amazon, Walmart, TikTok Shop, and Facebook Marketplace. We use the same business model as the largest stores on Amazon earning 110 Million monthly revenue. Individuals own their stores 100, while Wealth Automators handles all day-to-day operations in return for a profit split. Business owners achieve 3060 ROI monthly within 60 days.

$60,000 Min Cash Required

Spartan Floor Coatings

There are potentially countless other garage floor coating franchises that offer coatings of various styles & types that you have come across in your search for a cheap garage floor franchise or a concrete coating franchise. The dependability & variety of our floor covering franchise is unmatched. Our franchise offer services that cover much more of a home, including polyaspartic garage flooring, epoxy basement floors, & patio coating. What other garage franchise opportunities offer that much?

Starting a Small Business in Nevada