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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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iSMASH

iSmash is the 1 Rage Room Franchise. Low Investment, Average 198k Net Profit in a Thriving Entertainment Market.

$150,000 Min Cash Required

ClaimTek Systems

Why Medical/Dental Billing is the business for you... No Experience Needed Great Income Potential Flexibility to work at home, on the road, basically anywhere you have Internet access. ClaimTek is the most trusted Medical/Dental Billing business opportunity in the industry. We are the only company with expertise in billing, software development, and business development over the last 25 years and the services we offer are IN DEMAND The Need: As hiring, managing, and compensating employees has become increasingly challenging for small businesses, outsourced healthcare billing and revenue cycle management services is the future for small to mid-size medical and dental practices. And that is where Claimtek comes in. Healthcare services is virtually recession-proof and the 1 sector for growth according to the U.S. Bureau of Labor

$20,000 Min Cash Required

Salty Dawg Pet Salon + Bakery

Rethinking Pet Grooming Join the Pack with Salty Dawg Pet Salon + Bakerys Amazing Opportunity Pet grooming has nearly doubled over the past decade. Rising pet ownership has driven the demand for pet grooming, boarding, training, and walking to an all-time high. Salty Dawg is seeking owners with an entrepreneurial spirit as well as sales, marketing, and/or retail experience. Inquire now to learn more and become an owner yourself

$100,000 Min Cash Required

CR3 American Exteriors

One of the fastest growing companies in the Exterior Remodeling Industry. CR3 was formed to enable small-to-midsize contractors to capitalize on a proven franchise model that really works, while establishing a powerful national brand that will make your operation a household name. As an Independent Contractor with CR3, you are our top priority. We are committed to supporting you with all the education, tools, and resources you need for your business to thrive.

$75,000 Min Cash Required

My Business Venture

My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,500 you want to feature on your website MBVs 10 Price Guarantee on all items on your website ensures you will always be profitable & NEVER be undersold Includes enrollment in MBV University training program.

$10,000 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.

Starting a Small Business in Nevada