Every great business starts with the right niche | The Niche Depot

My wife and I spent months trying to figure out what business to start in our area. We didn't want to fly blind — over 42% of small businesses fail because there simply wasn't enough demand in the first place. So we did what most people do: Hired consultants — they charged top dollar and took weeks doing manual research. Tried AI tools — generic responses that depended on what you already knew to even ask the right questions. Asked experienced people — answers based on gut feeling and personal experience, no data. None of them could answer the one question that actually mattered: "What business is actually needed in my area, given my capital and skills?" We realized this wasn't just our problem. Friends, colleagues, people on Reddit — everyone was asking the same thing with no good answer. And most existing tools? English-only, expensive, and built for people with big budgets — leaving out the vast majority of aspiring entrepreneurs. So I built The Niche Depot. - It analyzes real, authoritative data sources to score business opportunities with a transparent, formula-based algorithm — not AI guesswork. - You get a Go/No-Go verdict backed by actual competitor mapping, local demographics, and startup cost breakdowns. Two ways to use it: - "I Have an Idea" — enter your business type + location and get it validated with real data - "Help Me Discover" — enter your capital, skills, and location and we'll find what's actually needed in your area Built for every budget. Whether you're bootstrapping with savings or have serious capital to deploy, the tool works with whatever you have — matching you to opportunities you can realistically afford and surfacing funding resources when there's a gap. 6 languages from day one. English, Spanish, French, Chinese, Korean, and Vietnamese — the full experience including generated PDF reports with proper typography. We believe your language shouldn't be a barrier to starting a business. If your idea scores low, it even suggests better niches for your area and better areas for your niche. It generates professional PDF reports, Word business plans, Excel financial models, and pitch decks. We've kept pricing as affordable as we could — every analysis pulls live data that costs us real money, so we can't offer it free, but we made sure cost isn't the reason someone doesn't pursue their dream. I'd love your feedback — what would you want to see in a tool like this?