10 Most Lucrative Businesses to Open in Oregon in 2023

Welcome to our guide on the 10 most lucrative businesses to open in Oregon in 2023. As a team of entrepreneurs and business experts, we have analyzed market trends, consumer behaviors, and economic indicators to compile this list.

Whether you’re a seasoned business owner or just starting out, these industries offer promising opportunities for growth and success. Oregon is known for its innovative spirit and unique lifestyle, making it an attractive destination for both tourists and residents alike.

With a thriving economy and supportive business community, there has never been a better time to start your own venture in this beautiful state. From technology startups to sustainable agriculture, the possibilities are endless.

So let’s dive into our top picks for the most profitable businesses in Oregon in 2023.

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In 2023, Oregon’s thriving business landscape presents exciting opportunities for entrepreneurs, especially freelancers who can take advantage of Oregon LLC services designed to facilitate their professional growth and independence.

In 2023, entrepreneurs seeking success in Oregon should consider exploring the thriving market for local goods and services. From craft breweries to sustainable agriculture, this state offers a fertile ground for various ventures, making it one of the best places to start a business. Discovering the best businesses to start in oregon can open doors to endless opportunities and prosperous growth.

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Technology Startup

The most lucrative business opportunity in Oregon for 2023 would be to launch a technology startup. It’s never been easier to take an idea from concept to reality, thanks to the rise of innovation incubators and startup funding. According to the Oregon Technology Business Center (OTBC), over $60 million was invested into Oregon startups in 2021 alone.

Oregon is home to some of the biggest names in tech like Intel, Nike, and HP Inc. This means there’s a wealth of knowledge and resources available for entrepreneurs looking to start a tech company. The state also offers tax incentives and grants for businesses that focus on research and development.

Launching a technology startup in Oregon provides endless opportunities for growth and profitability. Entrepreneurs can take their vision from ideation to execution while staying at the forefront of innovation, by leveraging resources from incubators and investors alike.

Sustainable agriculture is another burgeoning industry in Oregon with great potential for profit. Farmers are able to increase efficiency while reducing their carbon footprint, by incorporating technological advancements into farming practices. But we’ll dive deeper into that topic next.

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Sustainable Agriculture

As we explore the lucrative businesses to open in Oregon in 2023, sustainable agriculture is a subtopic that can’t be overlooked.

With an increasing demand for organic and locally sourced food, this sector presents a great opportunity for growth.

Furthermore, Oregon’s rich farming heritage provides a solid foundation upon which entrepreneurs can build successful agribusiness ventures.

By connecting with local farmers markets and community supported agriculture programs, we can tap into this market and make a meaningful impact on our local communities.

Tap into the Demand for Organic and Locally Sourced Food

You can tap into the growing demand for organic and locally sourced food by opening a business that specializes in providing fresh and sustainable options for your community. Farm to table restaurants and organic grocery stores are becoming increasingly popular among consumers who value healthy, environmentally-friendly food options. In Oregon, where there is a strong emphasis on sustainability and farming practices that protect the environment, these types of businesses have great potential for success.

To further explore the demand for locally sourced food in Oregon, let’s take a look at some data. According to a report by the Oregon Department of Agriculture, sales of organic agricultural products in the state reached $269 million in 2019. Additionally, surveys show that over 70% of consumers in Oregon prefer to buy locally grown produce when possible. By tapping into this market and offering high-quality, sustainably-sourced products, you can not only meet consumer demand but also benefit from being part of Oregon’s rich farming heritage.

Benefit from Oregon’s Rich Farming Heritage

Immerse yourself in Oregon’s farming culture and leverage its rich heritage to create a unique and sustainable business. With the state’s deep roots in agriculture, there are endless opportunities to tap into this industry.

Here are some ideas for businesses that could thrive in Oregon:

  • Farm-to-table restaurants: With access to fresh, locally grown produce, meats, and dairy products, starting a farm-to-table restaurant could be a lucrative venture. Not only would you be supporting local farmers and producers, but you would also be providing customers with high-quality, healthy meals.
  • Agritourism experiences: More people are becoming interested in where their food comes from and how it is produced. By offering agritourism experiences such as farm tours or workshops on cheese making or bread baking using locally sourced ingredients, you can give visitors an inside look at the farming process while generating revenue.

By exploring these options and others like them, entrepreneurs can take advantage of Oregon’s rich agricultural landscape and create successful businesses that benefit both themselves and their communities.

As you consider these possibilities for your own business venture, don’t forget about other ways to connect with local farmers markets and community-supported agriculture programs. These partnerships can help ensure a steady supply of fresh ingredients for your restaurant or agritourism experience while strengthening ties within the community.

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Connect with Local Farmers’ Markets and Community Supported Agriculture Programs

Take a stroll through the bustling stalls of your local farmers market, where colorful fruits and vegetables are piled high and the air is filled with the sweet aroma of fresh baked goods. Collaborating with chefs is an excellent way to provide unique culinary experiences for your customers.

Chefs can help you create recipes that highlight the best seasonal produce from local farmers. By offering cooking demonstrations and workshops, you can attract foodies who want to learn new recipes or perfect their cooking skills. Hosting workshops is also a great way to educate people about sustainable farming practices and how they can support local agriculture.

You can invite guest speakers such as farmers, nutritionists, or environmentalists to share their knowledge on topics such as composting, organic gardening, or food waste reduction. This will not only benefit your business by attracting more customers but also contribute to building a stronger community that values sustainability and locally grown produce.

As we move onto discussing craft breweries in Oregon, it’s important to note that collaborating with local farmers markets can help brewers source unique ingredients for their beer recipes.

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Craft Brewery

If you’re looking to indulge in the rich and flavorful world of craft beer, there’s no better time than now to open a brewery in Oregon. The state has become a hub for craft brewing, with over 230 breweries currently operating. This trend is set to continue well into 2023, making it a lucrative business opportunity.

To succeed as a craft brewery in Oregon, it’s important to stay on top of brewing trends and marketing strategies. Some popular brewing trends include experimenting with unique ingredients like fruit or spices, creating sour beers or hazy IPAs, and using barrel aging techniques.

As for marketing strategies, many successful breweries focus on building strong relationships with their local community through events and collaborations with other businesses. Craft breweries also have the potential to attract tourists who are interested in experiencing the local beer scene. By offering tours and tastings at your brewery, you can provide visitors with an authentic taste of what makes Oregon’s craft beer culture so special.

Opening a craft brewery may not be for everyone, but those who are passionate about beer and willing to put in the hard work can reap the rewards. However, if outdoor adventures are more your style, consider starting an outdoor adventure company instead.

Outdoor Adventure Company

You can capitalize on your love for the outdoors by starting an outdoor adventure company in Oregon. With its diverse landscape of mountains, forests, and coastline, Oregon offers a plethora of opportunities for guided excursions such as hiking, kayaking, and rock climbing. Moreover, there’s an increasing demand for eco tourism that promotes sustainable practices and supports local conservation efforts.

An outdoor adventure company in Oregon can offer various services to cater to different interests and skill levels. For instance, you can provide multi-day backpacking trips in the Cascade Mountains or half-day sea kayaking tours along the coast. By offering unique experiences that showcase the natural beauty of Oregon while also educating guests about environmental issues, you can attract a loyal customer base who values responsible travel.

Starting an outdoor adventure company requires careful planning and investment in equipment and permits. However, with the right marketing strategy and partnerships with local businesses such as hotels and restaurants, you can establish yourself as a reputable player in the industry. As more people seek immersive experiences that allow them to connect with nature while also supporting sustainable tourism practices, starting an outdoor adventure company in Oregon could be a lucrative business opportunity.

When it comes to catering to tourists looking for unique experiences in Oregon’s great outdoors, nothing beats having a boutique hotel waiting for them after a long day’s hike or kayak tour. A boutique hotel is one of many other businesses that complement starting an outdoor adventure company in 2023!

Boutique Hotel

Starting a boutique hotel in Oregon can provide a luxurious and comfortable accommodation option for tourists seeking unique experiences in the great outdoors. With its stunning natural beauty, Oregon has become a popular destination for travelers looking to disconnect from their busy lives and immerse themselves in nature.

As such, there is an increasing demand for boutique hotels that offer personalized services and exceptional amenities. To make your boutique hotel stand out from the crowd, it’s essential to focus on interior design that reflects the local culture and environment. Incorporating natural materials like wood, stone, and plants into your decor can create a warm and inviting atmosphere while also showcasing the beauty of Oregon’s landscape.

Additionally, marketing strategies that highlight the unique features of your hotel can help attract guests who are looking for something beyond the typical hotel experience. Investing in high-quality furnishings and amenities like spa treatments or farm-to-table dining options can also help increase profitability by attracting guests willing to pay more for luxury accommodations.

By creating a memorable experience that connects guests with Oregon’s natural beauty while providing top-notch service, your boutique hotel can become a lucrative business venture in this thriving market.


As we wrap up our exploration of the most lucrative businesses to open in Oregon in 2023, it’s evident that there are numerous opportunities for entrepreneurs looking to make their mark on this vibrant state.

From technology startups and sustainable agriculture ventures to craft breweries, outdoor adventure companies, and boutique hotels, there is no shortage of industries ripe for growth.

If you’re considering starting a business in Oregon, it’s crucial to do your research and comprehend the unique needs and demands of the local market. Whether you’re attracted to the tech scene in Portland or the scenic beauty of rural areas like Bend or Ashland, there are countless ways to turn your passion into profit.

Of course, success in any industry requires hard work, dedication, and a willingness to take risks. However, with a bit of determination and some smart strategic planning, there’s no reason why you can’t build a thriving business that makes an impact both locally and beyond.

So whether you’re an experienced entrepreneur or just getting started on your journey, we wish you all the best as you embark on this exciting new chapter!

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