10+ Best Small Business Ideas to Start in Idaho [2023])

Explore top small business ideas in Idaho for 2023! Get insights into profitable ventures and kickstart your entrepreneurial journey today.
Nick

By Nick Cotter
Updated Feb 07, 2024

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Hey there, future entrepreneur! So, you've decided to start your own small business in the Gem State, huh? That's fantastic! Idaho, with its diverse landscapes and booming economy, is indeed a gem for anyone looking to venture into entrepreneurship. It's a place where dreams are nurtured, and ideas are brought to life.

But, let's be honest, starting a business can be a bit daunting, right? You're probably asking yourself, "What business should I start?" Well, you're in luck! We've done the legwork for you and compiled a list of over 10 amazing small business ideas that are perfect for Idaho's unique market.

Our goal? To inspire and educate you. To help you find that one idea that sparks your interest, aligns with your passion, and has the potential to thrive in Idaho's vibrant economy. So, whether you're a native Idahoan or a newcomer, buckle up and get ready to embark on an exciting journey of entrepreneurship in 2023. Let's dive in!

Agriculture Consultancy

Agriculture Consultancy is a specialized service that provides expert advice and guidance to farmers, landowners, and agribusinesses. These consultants are often experts in the field of agriculture, with a deep understanding of the industry, latest technologies, and market trends. They offer a range of services, from farm management and crop planning to financial advice and regulatory compliance.

  • Expert Knowledge: Agriculture consultants have in-depth knowledge and expertise in the field. They understand the complexities of farming and can provide valuable insights and advice.
  • Improved Productivity: Through strategic planning and implementation, consultants can help improve farm productivity and profitability.
  • Regulatory Compliance: Understanding and complying with local and international agricultural regulations can be challenging. Consultants can help navigate these regulations, reducing the risk of non-compliance.
  • Financial Advice: Consultants can provide financial advice and planning, helping farmers and agribusinesses make informed decisions about investments and expenses.
  • Technology Integration: Agriculture is increasingly relying on technology. Consultants can advise on the best technologies to implement for increased efficiency and productivity.
image of a Agriculture Consultancy

Organic Farming

Organic farming in Idaho is an excellent idea for various reasons. This approach to agriculture is not only beneficial to the environment, but it also has economic advantages. Idaho's climate and fertile soil make it ideal for organic farming.

  • Sustainability: Organic farming practices are sustainable and help preserve the natural ecosystem. They reduce soil erosion, improve soil fertility, and promote biodiversity.
  • Health Benefits: Organic crops do not use synthetic pesticides or fertilizers, making them healthier and safer for consumption. This can lead to a healthier population and reduced healthcare costs.
  • Economic Growth: The demand for organic products is on the rise. By transitioning to organic farming, Idaho farmers can tap into this market, increasing their income and contributing to the state's economy.
  • Climate Change Mitigation: Organic farming practices can help mitigate climate change by reducing greenhouse gas emissions and sequestering carbon in the soil.
  • Water Conservation: Organic farming methods often require less water than conventional farming, which is beneficial in Idaho's semi-arid climate.
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Examples of successful businesses:

Idaho, known for its stunning natural beauty and thriving agricultural industry, has also become a hub for successful small businesses. Entrepreneurs in the state have capitalized on various opportunities, ranging from tourism and outdoor recreation to technology and food production. Here are some notable examples of small business ideas that have flourished in Idaho:

  • Boise Brewing: Founded in 2012, Boise Brewing has become a beloved craft brewery in the heart of Idaho's capital city. They offer a wide range of locally brewed beers and have gained a loyal customer base.
  • ClickBank: Established in 1998, ClickBank is an e-commerce platform that enables entrepreneurs to sell digital products online. Headquartered in Boise, it has grown to become a leading affiliate marketing network, providing opportunities for individuals to earn income through online sales.
  • Woodland Empire Ale Craft: This small craft brewery in Boise has gained popularity for its unique and innovative beer offerings. With a focus on quality and creativity, Woodland Empire has successfully carved out a niche in the competitive craft beer market.
  • Buck Knives: Founded in 1902, Buck Knives is a renowned manufacturer of high-quality knives and blades. The company, based in Post Falls, Idaho, is known for its craftsmanship and durability, making it a trusted name in the outdoor and hunting industry.
  • Chobani: Chobani, a leading Greek yogurt brand in the United States, established its largest yogurt factory in Twin Falls, Idaho, in 2012. This move not only created job opportunities but also boosted the local dairy industry, contributing to the economic growth of the region.
  • Potandon Produce: Potandon Produce, based in Idaho Falls, is one of the largest potato and onion suppliers in North America. The company has successfully capitalized on Idaho's rich agricultural resources and has become a major player in the produce industry.
  • Bodybuilding.com: Founded in 1999, Bodybuilding.com is an online retailer of health and fitness products. Headquartered in Boise, it has grown to become one of the largest online fitness platforms, offering a wide range of supplements, workout plans, and expert

Handmade Craft Business

Idaho is an ideal location for a handmade craft business due to several reasons. The state offers a strong local market, attractive tourism industry, and a supportive community for small businesses. Plus, the rich culture and history of Idaho provide an endless source of inspiration for craft designs.

  • Strong Local Market: Idaho residents appreciate and support local businesses, making it a perfect place for a handmade craft business. They value the uniqueness and quality that handmade crafts offer.
  • Tourism Industry: Idaho attracts millions of tourists each year who are interested in purchasing local, handmade items as souvenirs. This provides a significant market for a handmade craft business.
  • Supportive Community: Idaho has a thriving community of artisans and small business owners. This community can provide valuable support, collaboration opportunities, and a shared customer base.
  • Cultural Inspiration: Idaho's rich history, diverse cultures, and stunning natural landscapes provide ample inspiration for unique, attractive craft designs.

More resources:

Outdoor Adventure Services

Idaho is a state known for its stunning natural beauty, making it an ideal location for an Outdoor Adventure Services company. This state is home to a wide variety of outdoor activities, making it a popular destination for adventure enthusiasts.

  • Rich Natural Beauty: Idaho's diverse landscapes, including mountains, lakes, rivers, and forests, provide the perfect backdrop for a range of outdoor adventures.
  • Variety of Activities: From hiking and mountain biking to rafting and fishing, Idaho offers a wide range of activities that cater to different interests and skill levels.
  • Year-Round Opportunities: The state's distinct seasons allow for various outdoor activities throughout the year, such as skiing in the winter and boating in the summer.
  • Wildlife Encounters: Idaho's abundant wildlife offers unique opportunities for bird watching, wildlife photography, and even hunting.
  • Eco-Tourism: An Outdoor Adventure Services company in Idaho can contribute to the state's eco-tourism industry, promoting sustainable travel that respects the environment and local communities.

Local Tour Guide Business

Idaho, known as the Gem State, is a treasure trove of natural beauty, rich history, and diverse culture. Starting a local tour guide business in Idaho can be a profitable venture due to several reasons:

  • Idaho is home to a vast range of outdoor attractions including mountains, lakes, and parks. This provides ample opportunities for tour guides to offer a variety of outdoor activities such as hiking, fishing, and camping tours.
  • The state's rich history and culture provide a platform for educational and historical tours. Guides can take tourists to historical sites, museums, and cultural festivals.
  • Idaho's thriving wine industry allows for the creation of wine tasting and vineyard tours.
  • The state is a popular destination for adventure tourism. Tour guides can offer activities like white water rafting, rock climbing, and skiing.
  • Idaho's diverse wildlife makes it an excellent location for wildlife and bird watching tours.

Related business ideas:

Farm-to-table Restaurant

A Farm-to-Table Restaurant in Idaho is an excellent idea due to a variety of reasons. Idaho is known for its rich agricultural heritage, making it an ideal location to establish a restaurant that sources its ingredients directly from local farms. This concept not only supports the local economy but also ensures the freshness and quality of the food served.

  • Local produce: Idaho is home to numerous farms that produce a wide variety of fruits, vegetables, and livestock. This ensures that a Farm-to-Table restaurant in the area will have easy access to fresh, high-quality ingredients.
  • Supporting local economy: By sourcing ingredients locally, the restaurant would be supporting Idaho's farmers and contributing to the local economy.
  • Environmental sustainability: Farm-to-Table restaurants help reduce the carbon footprint associated with transporting food over long distances. This is in line with the growing consumer demand for environmentally friendly dining options.
  • Healthier options: Food sourced directly from farms is typically fresher and less processed, making it a healthier option for diners.
  • Unique dining experience: The Farm-to-Table concept offers a unique dining experience that can attract both locals and tourists. Diners appreciate knowing where their food comes from and the story behind their meal.

Specialty Food Store

Idaho, known for its diverse culture and rich agricultural heritage, is an ideal location for a Specialty Food Store. The state's agricultural abundance, combined with its growing interest in healthy and unique food options, creates a promising market for specialty foods.

  • Idaho is the third largest agricultural state in the U.S, hence, a Specialty Food Store can source fresh, local produce easily.
  • The state is famous for its potatoes, but it also produces a wide range of other crops including apples, cherries, and hops. This diversity provides a wide array of ingredients for specialty foods.
  • With increasing trends towards healthy and organic eating, a Specialty Food Store offering unique, high-quality products can cater to this growing demand.
  • The state's growing wine industry also complements a Specialty Food Store, as fine foods and wines often go hand in hand.
  • Idaho's tourism industry is booming, attracting visitors who are often looking for unique, local food experiences that a Specialty Food Store can provide.

Local Art Gallery

A local art gallery in Idaho is a great idea for several reasons:

  • It provides a platform for local artists to showcase their work, thus promoting local talent.
  • Art galleries often become cultural hubs, attracting tourists and locals alike, which can boost the local economy.
  • Art galleries can offer educational opportunities for schools and community groups, fostering an appreciation for art in younger generations.
  • An art gallery can add to Idaho's cultural landscape, making it a more attractive place to live and visit.
  • It can host various events and exhibitions, providing a venue for community gatherings and socialization.

Craft Brewery Or Winery

Starting a craft brewery or winery in Idaho is an excellent idea due to the state's favorable conditions and growing market for craft beverages. Idaho, known for its fertile soil and ideal climate, provides an excellent environment for growing a variety of high-quality grapes and grains used in the production of wine and beer. Additionally, the state's thriving tourism industry provides a ready market for these craft beverages. Here are some key reasons why setting up a craft brewery or winery in Idaho is a sound business move:

  • Idaho's climate and soil conditions are perfect for growing a variety of grapes and grains, ensuring a steady supply of raw materials for your brewery or winery.
  • The state has a burgeoning craft beverage industry, with a growing number of locals and tourists alike developing a taste for locally produced wines and beers.
  • Idaho's regulatory environment is friendly to breweries and wineries, with streamlined licensing procedures and reasonable tax rates.
  • There are numerous opportunities for collaboration and partnership within Idaho's craft beverage community, including joint marketing initiatives, shared tasting events, and more.
  • Idaho's thriving tourism industry provides a ready market for your products, with millions of visitors each year looking to sample local wines and beers.

Sustainable Energy Consultancy

Idaho is a state rich in natural resources, making it an ideal location for a Sustainable Energy Consultancy. This type of business could provide valuable guidance on how to best harness these resources for clean, renewable energy. There are several reasons why this could be a beneficial endeavor:

  • Natural Resources: Idaho is abundant in resources like wind, solar, and geothermal energy. A consultancy could help businesses and individuals better utilize these resources for sustainable energy solutions.
  • Increasing Demand: As the world becomes more environmentally conscious, the demand for sustainable energy solutions is growing. Idaho businesses and residents could benefit from expert advice on how to transition to these types of energy sources.
  • Job Creation: The creation of a Sustainable Energy Consultancy could lead to new job opportunities in the green energy sector, bolstering Idaho's economy.
  • Government Support: There are numerous federal and state incentives for businesses and individuals to switch to renewable energy sources. A consultancy could help clients navigate these incentives and make the most of their investments.
  • Environmental Impact: By promoting and facilitating the use of sustainable energy, a consultancy could contribute to reducing Idaho's carbon footprint and preserving its beautiful natural landscapes for future generations.

Nick

Founder and CEO

I'm Nick, co-founder of 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.