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What are some good small businesses to start for less than 50-75K?
Posted on 9/7/13 at 1:43 pm
Posted on 9/7/13 at 1:43 pm
Money board what is your thoughts on a good small business for say anywhere between 10-20K on up to about 75K startup cost?
Personally I have always thought that service types of businesses (Pest control, Tree stump removal, roofing, etc.,) are always good if you're willing to do it right. What are some others that may be pretty decent?
Personally I have always thought that service types of businesses (Pest control, Tree stump removal, roofing, etc.,) are always good if you're willing to do it right. What are some others that may be pretty decent?
This post was edited on 9/7/13 at 1:44 pm
11
Posted on 9/7/13 at 2:00 pm to Weebie
Lawn service
Mobile car wash
Mobile car wash
Posted on 9/7/13 at 4:30 pm to Weebie
I put down 30k on a 150k rental property. I pocket about 6k per year after I pay the mortgage taxes and insurance. Maint is running about $1500 so I clear $4500 on 30k.
Posted on 9/7/13 at 5:44 pm to Weebie
janitorial services and commercial cleaning services are usually low cost startups with potential
Posted on 9/8/13 at 6:33 pm to Weebie
frozen banana stand
Posted on 9/8/13 at 8:42 pm to Weebie
Laundromats if you can get a good location can make you a ton of money.
Posted on 9/10/13 at 1:00 am to Weebie
Batting cages, and you can give lessons too
Also
There's always money in banana stands
Also
quote:
frozen banana stand
There's always money in banana stands
Posted on 9/12/13 at 8:38 am to Weebie
I think lawn service is a good idea. I have a friend that is really successful in the lawn buisness. You just have to get out and find jobs and learn how to price yards so you can profit from them.
Posted on 9/13/13 at 12:56 am to Weebie
quote:
Money board what is your thoughts on a good small business for say anywhere between 10-20K on up to about 75K startup cost?
Personally I have always thought that service types of businesses (Pest control, Tree stump removal, roofing, etc.,) are always good if you're willing to do it right. What are some others that may be pretty decent?
1) Figure out what it is you are good at and enjoy doing (or could imagine enjoying doing)
2) Figure out how to take #1 and sell it to the clients with the deepest pockets.
This post was edited on 9/13/13 at 12:57 am
Posted on 9/13/13 at 9:49 am to Weebie
Have you considered franchises? Subway can make some serious coin if you find a market that isn't already saturated. You won't make a killing on one, but can start with one and build from there.
If I could think of any other viable ones, I wouldn't be in this office right now.
If I could think of any other viable ones, I wouldn't be in this office right now.
Posted on 9/14/13 at 6:47 pm to Weebie
Start a CPA or law firm.
Of course, this assumes you have the CPA or JD.
Of course, this assumes you have the CPA or JD.
Posted on 10/21/13 at 11:13 pm to Weebie
Serious suggestion - suicide/homicide cleanup.
Nobody wants to do it, anyone who will gets paid. Most cities do not provide this service, it is almost always contracted out.
There was a story a few years ago about a husband/wife team in NYC making seven figures doing this. Surely in BR it doesn't pay that well but the pay has got to be incredibly good considering it is basically janitorial work.
Nobody wants to do it, anyone who will gets paid. Most cities do not provide this service, it is almost always contracted out.
There was a story a few years ago about a husband/wife team in NYC making seven figures doing this. Surely in BR it doesn't pay that well but the pay has got to be incredibly good considering it is basically janitorial work.
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