On Your Business, hosted by JJ Ramberg, they featured “Top Five Inexpensive Startups.” This segment, according to the host, is from Forbes.com. The premise is that not every startup requires a huge investment. So if you’re looking to start a businesss for under $5,000, you may want to consider matching your skills and passion with one of the following ideas:
1. Child-Care Services — Licensing is required in most states, and you should look into liability insurance.
2. Computer Repair — An IT business can be started with almost nothing down.
3. Landscaping — Your main investment will be from purchasing equipment. Certifications are required for specialized types of work.
4. Tutoring — This business can be both profitable and personally rewarding. Certification isn’t necessary, but it is recommended.
5. Direct Sales — an estimated 14 million independent sellers have adopted this business model.
For more info, visit the show’s website, yourbusiness.msnbc.com
Let me know about your business. I enjoy sharing success stories.
Cheers,
Michelle
This entry was posted on Sunday, November 25th, 2007 at 6:33 pm and is filed under Start A Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.3 Responses to “Businesses You Can Start On a Budget”
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November 27th, 2007 at 8:12 pm
Although we might have purchased a franchise if we had the money, my husband and I were glad that there are quite a few businesses that can be started on a budget!
So, we started a business at home that combines both the online and offline world… an online business directory. The cost of starting this business was quite low and we are able to set a very flexible schedule.
It has also led to other work that we weren’t anticipating, such as web design and advertising campaigns for local businesses.
November 28th, 2007 at 1:59 pm
Some other ideas are web designer, business consultant, home organizer, and writer. You, of course, need certain skill sets to perform all of these jobs, but I know at least one person who has made a good living at each of these professions.
C. Worrall
December 6th, 2007 at 8:01 am
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