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63 Businesses to Start for Under $10,000

You know you want to start something for yourself. You just need to funnel your ambition and time into an idea that'll earn extra cash, make you proud and possibly lead to a full-time venture. Even better will be if you get that amazing moment when you say "I quit!" to your boss. But what great idea should you start?

From childcare, fix-it services, and party planning to business consulting, artisan manufacturing, and resume writing, there is a business for every skill level, interest and budget in our list of ideas you can start for less than $10,000. Some ideas listed here can even be started for less than $2,000!

These businesses can be started on a full- or part-time basis. Your location may be your clients' homes or businesses, a work van or truck, a small storefront, or even just a website. You'll advertise locally with fliers and coupons, cold-call potential clients, or set up shop with a website and online advertising campaign-finding customers will depend on the business idea you choose.

Each idea includes an overview of the business, a skill level recommendation needed to provide the service or create the product, ideas for marketing your business, and current average rates others are charging in this field. We've also included a list of resources for each business idea, including business associations, websites and books, which will help you continue your research should an idea spark your passion. Featuring a resource in this list of ideas is by... (More)

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Small Business

 

Small businesses are the cornerstone of growing enterprises and thanks to e-commerce they are on the rise. A few questions to ask the class could be:

  • Are small businesses common in your country?
  • What challenges do small businesses have in your country?
  • What are some successful small businesses in your town/city?
  • How can a small business become successful?
  • If you had a small business, what kind would it be ?
Answer
business

Investors want to understand what risks there might be to the business. They want to understand your thought process and the mitigating precautions you are taking to reduce those risks. There inevitably are risks in any business plan, so be prepared to answer these questions thoughtfully:

  • What do you see as the principal risks to the business?
  • What legal risks do you have? Will the business model comply with applicable laws, including expanding privacy protections?
  • What technology risks do you have?
  • Do you have any regulatory risks?
  • Are there any product liability risks?
  • What steps do you anticipate taking to mitigate such risks?

Startups that can show they have reduced or eliminated product, technology, sales, or market risks will have an advantage in fund-raising.