Starting a small business does not have to be costly! Blogs, catering, and electronics are among the profitable $10K enterprises.
Look no farther for business ideas under $10,000!
We’ve gathered a list of 20 businesses that may be started for under $10,000.
There’s something for everyone wishing to establish a business for under $10,000. Some are free to start, while others require only $1k-$5k in restricted finances.
These are all real profitable businesses that people have started and made money in just a few months.
As an entrepreneur, you can work flexible hours, set your own schedule, and decide how much money you make every hour.
Check out our list of low-cost businesses to start if you want to start your own business but aren’t sure where to start.
20 Top Ideas: An Online Business To Start With $10k Or Less
Blogging Website / Search Engine Optimization
If you know how to write engaging content, blogging can be lucrative. You can blog about fashion, beauty, travel, or simply blogging.
Writing articles takes time, but using Jasper and SurferSEO to generate SEO-friendly material saves time. Learn how to write SEO articles that rank on Google’s first page using Stupid Simple SEO.
You must pay for a domain name and hosting services because free hosting sites don’t pay. This can cost $5 to $20 monthly based on your demands.
Investing in writing and SEO classes or software costs $500-1000.
Advertisements, affiliate links, and product sales bring in a few thousand dollars every month for some bloggers. Factors including the quality of your material, traffic, and ad pricing impact how much money your blog makes.
Bookkeeper
In today’s market, most business owners require a bookkeeper to maintain track of their finances. This is an excellent service to offer if you are good with numbers and detail-oriented.
You will start by learning QuickBooks, a popular accounting program. Join a training program like Bookkeeper Launch to learn bookkeeping fast.
Bookkeeping software like Quickbooks costs $25 – $180 each month.
The cost of licensing varies by state and city. An IRS Registered Agent certification fee of $1000 may be required. Insurance and business licenses may also cost several hundred dollars.
Consider the cost of marketing charges like Facebook ads or Google Adwords to reach out to potential clients and local business owners.
Online bookkeepers usually charge $19 – $24 per hour, depending on the company’s size and experience.
Online Marketing
A digital marketing consultant helps clients attract new customers using digital marketing methods. Create bus or magazine ads, product campaigns, or new brand looks.
Also, businesses require help promoting themselves online to gain more clients and sales. An internet marketer will support firms by executing online ads like Facebook ads.
A successful digital marketing business does not require prior Facebook ad experience. You can take courses like Facebook Side Hustle and Flourish with FB Ads to learn everything you need to know.
Courses and training may cost $500-2,000.
Services like invoicing and content production software go from $100-$300 monthly.
An online marketing consultant can expect to earn $40,000-$50,000 annually.
Virtual Assistant
You will answer emails and plan travel for business executives in this role. You can work from home if you are organized and proficient with calendars and word processing.
Other virtual aid services include marketing and social media focusing. VA courses can teach you how to be a social media professional, such as the Pinterest VA.
Becoming a VA requires a laptop and smartphone with a good internet connection, so expect to spend a few thousand dollars.
Training courses in business or marketing might cost roughly $500. You may also learn about marketing strategies for free on YouTube.
In some cases, such as blogging or social networking, a VA can charge up to $30 per hour.
Vintage Seller
A fascinating business opportunity for anyone who collects vintage or unusual objects. Get paid to browse at a local thrift or consignment business.
Find fantastic buys on eBay, Craigslist, or thrift stores and resell them for a profit. You can sell your vintage items on eBay, Etsy, or even your own Shopify store.
They prefer social media networks like Facebook or Instagram to maintaining a website because that’s where their ideal customer hangs out.
You’ll need to acquire inventory first. You can store the products at home and sell them online for a modest fee if you list them on eBay or Etsy.
You might make $20 – $200 per transaction depending on how hard you work to identify profitable things. Hosting local in-person sales and keeping up with trends might boost your earnings.
Social Media Manager
Not everyone wants to handle social media accounts, so they hire someone else to do it. That implies you may make money by posting compelling content and following social media trends.
As a freelance manager, you can handle many accounts. A platform like Facebook or Instagram may be your specialty.
This is a low-cost home business idea because all you need is a computer with internet connectivity and some basic office supplies like printer ink and paper.
Social media management software costs between $20 and $200 each month.
Your hourly rate can range from $20 to $50, depending on your experience and the size of each company client.
Interior Design
If you can find the proper client, you may make a nice income as an interior designer.
You can assist others in redecorating their homes. In some cases, local businesses may need help making their facility more appealing. Local business is good because word of mouth can increase sales.
Depending on your business plan and services, you may invest $2,000 – $10,000. You will need to spend money on promoting your company to obtain clients. Consider purchasing carpet or furniture samples, petrol, and other expenses.
Where you work will determine how much money you can make. You can make more money in cities and from rich private clientele. Interior designers earn $30,000 To $70,000 annually.
Green Business Consultant
If you care about the environment and energy resources, you can start a firm that helps other companies go green.
Ensure an organization’s actions align with its mission statement.
You could advise a corporation on how to better recycle its waste. Or, if a new building is being built, guarantee that it has no carbon impact.
Before establishing a green consulting business, find out what certifications are required locally. Certifications might cost several hundred dollars. You may have to pay for training before taking a certification exam.
You’ll also need a computer, smartphone, and printer. Consider investing in marketing for your company, such as a website or online ads that target local customers.
Green business consultants earn between $40,000 and $80,000 annually.
Certified Home Baker
If you enjoy baking and do so as a pastime, starting a registered home bakery business may be ideal.
Baking can be lucrative but also time-consuming, so be prepared.
Health departments will come to your house to evaluate your kitchen for certification in some areas.
The initial costs for this type of food business are low because most kitchen materials are already in your home if you bake as a pastime.
You’ll need to pay a few thousand dollars on licensing, liability insurance, and other state-mandated expenses because this is a certified home-based business.
Often, you will need to complete a food safety course and learn the restrictions surrounding what you can manufacture and sell.
Certified home bakers can make $37,000 – $65,000 per year based on sales and clientele.
Computer Repair
If you’re interested in technology and know a lot about computers, starting a business where you repair people’s malfunctioning equipment could be a great business idea for you.
People will always need their laptops, phones, and tablets repaired; thus, this business should never fail.
To start as a computer repair specialist, you’ll need tools and parts. A few hundred dollars to start.
If you want customers to bring their computers to you, you’ll need to figure in the expense of rent, which may be several thousand dollars per month.
Another alternative is to only do house calls, in which case you would require a car.
A computer repair specialist might earn $27,000-$100,000.
Food Truck/Cart: Food Business
Food trucks are trendy and less expensive than typical restaurants.
Start a food truck if you enjoy cooking and meeting new people. You can work from anywhere and at any time.
To keep your initial investment around $10,000, you may want to start with a low-cost food cart.
This cost covers purchasing or leasing your mobile kitchen as well as supplies like pans, pots, and appliances.
Vending permits can cost several thousand dollars, and restrictions vary by location.
A food truck might make a lot of money, but it also has a lot of costs. One survey found that over 85% of full-time food trucks make over $100,000.
Cleaning Services: Business Idea
Everyone needs a little help around the house, and I know that as a mom!
Cleaning services are another low-cost new business idea. All you need are supplies, a reliable vehicle, and insurance.
Cleaning materials might cost you anywhere from $200 to $600 each month, depending on how much work you want to do.
You’ll also need business insurance since you’ll be in people’s homes.
Full-time cleaners earn between $21,000 and $45,000 annually but might make more if cleaning filthy homes or households with pets.
Real Estate
If you enjoy house hunting and attending open houses, selling real estate may be ideal for you.
All you need is a real estate license and a website to promote your services. Then you can start your own real estate company or join an existing one.
You must pay for lessons, training, an exam, and licensing to get a real estate license. Depending on the state, this can total over $1,000.
Signs and billboards with real estate brokers’ faces and names can cost hundreds of dollars each.
Real estate agents can make anything from $30,000 to $100,000 per year, depending on how many houses they sell.
Business Coach
Every year, 3.5 million new small businesses are launched in the US, many of which require coaches to help with business planning and legal counsel.
The startup costs for a coaching business are between $5,000 and $10,000.
Depending on the state, you may need to form an LLC or similar company entity, which might cost several hundred dollars.
Budget a few $100 to attend coaching training or join a business group that helps business owners meet clients.
You’ll also need to budget for marketing fees like website hosting and social media management tools.
A business coach’s fees range from $250 to $5,000 a session or package, depending on experience and services provided. The more formal the coaching service, the higher the hourly rate.
Pet Grooming
People adore their dogs but lack time to care for them. With a pet grooming business, you can make them feel better and keep their pets clean.
In addition, pet grooming does not require a degree or a license. While you could set up a grooming studio in your home or business, you are usually best off being mobile.
Mobile pet groomers have exploded in popularity. This means a car, but not a big one, as you won’t be carrying dogs, only your grooming supplies.
Blind Cleaning Service
Every one of us has blinds in our homes or offices. Surprisingly, the cleaning sector as a whole has been growing at a rate of 10% or more every year, with a projected value of $50 billion by 2023. All things considered, a blind cleaning service is really profitable.
While there may be alternative alternatives, we recommend investing a significant chunk of your $10,000 in purchasing ultrasonic equipment. These not only allow you to transport the equipment, but they also allow you to clean it while on-site.
Jewelry & Fashion Accessories Business
People have been raising their fashion game as more fashion knowledge has spread, and jewelry and accessories are a big part of it.
After all, the entire income of this industry in 2020 was $35.3 billion, and it is expected to reach $59.7 billion by 2027.
You can either find a supplier and send the products online through e-commerce platforms or be a fashion accessories designer and create your own jewelry/accessories line to sell on your own website.
Telephone Answering Service: Business Ideas
This is a perfect example of a less complicated yet highly profitable company idea.
For most firms, customer service or cold business callers are sought after as a way to boost business growth, and companies such as these may assist them greatly.
From 2016 to 2019, the Telephone Answering Services industry in the United States generated $2.7 billion in sales.
Set up your own company with telephone answering pros, hire an office space, and work on a per-call basis.
Amazon FBA
We’re sure you’ve heard of it. However, we tell you that the market is far from saturated and dead.
According to JungleScout research, these vendors and entrepreneurs generate more than Amazon’s annual $386 billion revenue.
If you wish to use your $10,000 investment (which will be more than plenty) to establish this firm, familiarize yourself with good online learning courses on the subject.
New Amazon sellers typically earn roughly $42,000 per year in profits, with prospects only increasing from there.
Event Planning
Organizing events in a post-covid world is expected to witness an increase in demand. When it comes to both law and society, social gatherings will once again be more widely accepted.
Whether it’s a professional or entertainment-related event, people will always have a place to congregate. According to industry forecasts, events management is estimated to be worth $1,552.9 billion by 2028.
Your clients will be paying for most of the event costs, so use your initial $10,000 budget to gain event planning qualifications instead of overspending.
What Is My Top Recommendation For Making Money Online In 2024?
Our team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With an ad agency, you don’t really own anything. You’re a hired gun for clients, and entirely at their mercy.
Sure, you own your agency, but if your business grinds to a halt once you stop working, all you really have is a self-created job.
With Digital Leasing (a passive income stream), you own all the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with an ad agency, you’d have to double your clients OR double the monthly payment of your existing customers. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
5) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent. Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Business To Start With 10k which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
