How to Start a Small Business for Less Than $5,000

If you have a good sense of style and love shopping, you can offer your services as a personal shopper. I just recently started blogging and I really like your style. Most people in this business tend to cater their services to events. If you enjoy working outside with your hands, this can be a great small business idea with growth potential. This has become a very popular online business idea in recent years. This business idea involves a little speculation, but the right domain names can earn a lot.

You can advise your clients on what plants will work well in their space and how to lay out the farm, how to set up irrigation, ways to protect plants from cold and heat, and when to harvest. You can also charge more to set up and maintain the farm, and go bigger by creating and managing rooftop gardens for restaurants. Word-of-mouth — and delicious results — will be key to this business. If you’re handy with wood and upholstery, you can earn money repairing office and residential furniture, and refinishing antique furniture. The furniture-repair side of the business can be operated on a mobile basis working right from a fully equipped van, repairing furniture at your customer’s location. Potential customers that commonly require furniture repair services include home and office movers, business owners, property managers, restaurants, hotels, and retailers of new and used furniture.

Though certainly not for everyone, recycling the containers from products left strewn around on the ground can become a surprisingly decent side business idea if you put in the time. Attending events like street fairs and outdoor concerts can be a great starting place. Put on a clean shirt, jeans, apply your sunscreen, grab a cheap pick-up tool, sturdy plastic bags, and you can sell them for upwards of $4.00/pound on eBay. If you have a talent for helping people look their best, and know how to mesmerize with eyeliners and turn heads with lipsticks, consider using your beauty skills to pursue this easily profitable side business idea. Christmas, Halloween, Easter, Yuletide, Hanukkah, Valentine’s Day, Chinese New Year, 4th of July, Mother’s Day.

A justice of the peace typically performs wedding ceremonies. States have varying rules and procedures for becoming a JP and performing services. JPs can add additional fees, and often do, including travel and hourly rates for additional meetings such as rehearsals, other prep time and any special requests. In order to be successful, you will want to establish contacts with real estate agents who can recommend your services to customers. The home inspection field is one where you will need to do constant updating of your education and knowledge.

FilterGrade is a marketplace for creators where you can find digital assets such as presets, LUTs, video templates, and much more. Here at Starter Story, we’ve talked to thousands of founders, many of whom started with less than $5000. Thanks to the continual expansion of the internet and other factors, there are almost endless business opportunities for developers. Entrepreneurship is considerably riskier than employment, necessitating far greater sacrifices, with no guarantee of success. However, never bet against an individual with strong commitment and passion.

What business has the highest profit margin?

Another way to learn would be to take a part-time position at a repair shop or a rental facility where you could learn on the job, although you will want to be open about your plans. You should be prepared to work on push-behind lawn mowers, riding lawn mowers, generators, garden tools such as rototillers and edgers, chainsaws, wood chippers and snowblowers. You need to decide whether you’ll want to take on bigger jobs, such as tractors, snowmobiles and ATVs; space may be your decision-maker. Advertise your services in places where everyone goes, like restaurants and grocery stores.

Visit chart of accounts examplees in your community to learn if they need cleaning services or when their cleaning services contracts come up for renewal. You can also buy commercial cleaning contracts, which is a common practice in this industry but expect to pay about three to five times the monthly value. For instance, if you want to earn $1,500 per month, this will cost you in the range of $4,500 to $7,500. Commercial cleaning is a booming industry, generating billions in sales annually.

FAQs On Most Profitable Small Businesses

You won’t need to spend much money in order to start a business as a handyman. In most cases, all you need is a good set of tools and a ladder. You may also want a truck to haul around your gear and licensure and insurance, as needed. Few people have these skills necessary to fix or take care of even small issues in their homes—and even fewer have the time to commit to fixing them. It’s often easier to just call someone who can get the job done quickly and easily. It doesn’t matter whether the inflatables are at a birthday party, carnival, or backyard barbeque, offering your own party rental services is a smart way to spend $5,000.

IT consultants analyze and diagnose a company’s IT infrastructure, understand the client’s needs, and design solutions to help companies’ IT problems. If you love entertaining people and performing at corporate or social events, you can become a virtual magician. Niche accessories are currently enjoying strong growth, projected to continue during this decade.

Online seller

With a flexible schedule, this small business can be great for those that love children. If you know your area well, this business can pay very handsomely. Whether it’s a second home or your own apartment, this can be a very dependable business. Keep your expectations relatively low for the earnings from this side business.

• You won’t need to spend much money in order to start a business as a handyman.
• There are some trainers who charge over $15-$30 for every single hour.
• Below are some success stories of the soap business that will inspire you.
• So, whether you only have P500 or P3,000 in the pocket, now is the right time to start your dream business.
• So this is one of the main food service options that you can start without a huge upfront cost.

This is a great side-business for anyone who wants to make more money from a property they already own. HypeAuditor’s most recent survey found that on average influencers earn $2,790 per month from their Instagram account. The great thing about social media is that it’s accessible to absolutely anyone. It’s free to create an account, and you can reach a global audience without leaving your home. That means no upfront investment, no storing inventory, no packing, and no shipping.

Does anyone can provide more information how create e bay account for selling products. Most entrepreneurs pursuing this small business idea will have access to a truck and moving equipment. If you love arranging flowers, this can be a very high-margin business idea.

To succeed, the starter must be efficient in the meal preparation and ensure proper communication skills. Besides, the entrepreneur must keep time when it comes to delivery to avoid customer disappointment. To become a social media consultant, you must first become adept at using social media platforms and industry tools. Take online or offline courses like content marketing, public relations, and communication skills. Social media experts can choose a general practice or opt to focus on a niche.

If you enjoy being around children, are available during the day and have a safe space in your home, it may be worthwhile looking into the licensing requirements in order to start up a childcare business. People love having personalized cakes to mark a special occasion, rather than buying a cake from the local bakery. In the age of auto-correction, you might not think there is a need for proofreaders, but the exact opposite is true. Whenever there is a need for writing to be professional, perfectly spelled, and grammatically correct, proofreaders always will be necessary.

Create digital products or online courses

If you are a beginner, I’d suggest reading up a few blogs like ProBlogger.net and take it from there. You could sell your extra meals to people that have a sick friend or someone going through a tough time whom they’d like to help out by providing homemade meals, but don’t have the time or skill to prepare it themselves. You will probably get regular customers who drop by to see if there are any new bargains to be had. You could ask your family, friends, colleagues and neighbours if they have any unwanted items you could sell for them and split the proceeds of those sales.

• However, it’s usually confusing to decide what art to get inked.
• Businesses sure do—and that trash tends to be of a more sensitive nature.
• Videographers charge $50 to 100 per hour, depending on whether the setup is single or multiple camera, and $50 per hour for editing.
• There is very little overhead required to start a bookkeeping business.
• But you might be surprised to know that there are lots of low-cost business ideas with high profit margins out there.

She also points out that, if you were selling crafts at a craft fair, you’d have to pay to rent a table there, too. Laura Gayle is a full-time blogger who has ghostwritten more than 350 articles for major software companies, tech startups, and online retailers. Founder of , she created her site to be a trusted resource for women trying to start or grow businesses on their own terms.

If you want to broaden your services and earn more, you can opt to make the entire house look neat and clean with this side business idea. House cleaning services cover carpets, floors, lawns, garages, windows, walls, and roofs, requiring a whole range of cleaning tools. You can hire maids and janitors to do the actual cleaning while you handle sales, administrative and customer service tasks. Or, you can start small by actually getting your hands dirty as a contractor, learning on the job before launching your own cleaning operations with the help of cleaning business management tools like Swept. You can even rent out an entirely new apartment just to manage as an Airbnb small business idea.

Often, you might consider hiring a marketing company or PR firm that’s familiar with new apps that are making waves in the tech world. Share in the comments if I’m missing any of your picks for the best side business ideas that you can start while working full-time! Bonus points if you’ve already gotten started on one of these business idea, and share the link to your website.

With a bit of creativity and recognition of your own personal strengths, you’ll be making money and pursuing your entrepreneurial dreams in no time. Lots of people view MLM, or multi-level marketing, as a sleazy way to make money. The reality is, however, that this kind of self-employment is a great way to make some extra cash on the side with minimal startup investment. How much time and energy you need to spend growing your cleaning business will depend on your reputation.