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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 2:06 pm to jimbeam
quote:
Lawn service
Mobile car wash
Neither of those are bad ideas at all, but I'm thinking more along the lines of something you could make a decent living at.
I know that with lawn service it is certainly possible if you do a great job, meet the right connections for commercial jobs, etc.. However that has to be a tough one to really break into because every other person I know seems to be in the lawn care business or has a family member who is.
Posted on 9/7/13 at 3:53 pm to Weebie
A mobile detailer got in good with the receptionists at my building and they email the entire office the day before they are coming. The next day people come in and leave their keys at the front desk. Like $35 a pop with interior wipe.
They are raking it in
Blows my mind
They are raking it in
Blows my mind
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 9/7/13 at 5:46 pm to windshieldman
Pay phones are making a comeback 
......for that kinda scratch ,I would look in buying a vending route with machine in place or a small laundromat ( location is key with this) good luck and let us know what you decided 
......for that kinda scratch ,I would look in buying a vending route with machine in place or a small laundromat ( location is key with this) good luck and let us know what you decided Posted on 9/7/13 at 7:32 pm to BowDownToLSU
you are asking the wrong question
FIrst question is what would you do if you did not have to worry about money?
Second what is your skill set
If you do not have the passion you will lose your investment
read this first 48 Days
FIrst question is what would you do if you did not have to worry about money?
Second what is your skill set
If you do not have the passion you will lose your investment
read this first 48 Days
Posted on 9/7/13 at 7:36 pm to Mr.Perfect
$35 isn't a car detail. It's a glorified car wash.
Posted on 9/7/13 at 10:22 pm to 756
quote:
you are asking the wrong question
FIrst question is what would you do if you did not have to worry about money?
Second what is your skill set
If you do not have the passion you will lose your investment
read this first 48 Days
thanks!
I'll definitely check that book out.
Posted on 9/8/13 at 3:04 pm to jimbeam
quote:
Lawn service
Mobile car wash
The problems with these are that you live and die by weather. Also, here in the South, they are both seasonal and you MUST diversify.
Lawn service is probably the most competitive small business in the U.S. You will never do it differently, only cheaper or more of it. The most successful lawn services I know buy other lawn service's out, including their contracts. The good thing is a bad thing, lawn service is extreme physical labor so there are always guys/companies wanting to get out of it.
Mobile detailing has been a disaster for anyone I know thats done it. There are hardly ever any contracts and it is a lot of leg work cold-calling or door-to-door selling. A lot of companies are now considering this solicitation and prevent it. Also, a vast majority of the population out there view detailing as overpriced. For those who do value detailing... its sub par. As a car guy, I think there is no way a mobile detail is equal to an in-shop, garaged, controlled environment detail job. IMO, the only way to get into mobile detailing is via mobile mechanic work with fleets (contracts).
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 9/9/13 at 11:26 pm to GoCrazyAuburn
Invest in a startup... [link=(Angel.co)]AngelList[/link]
Posted on 9/10/13 at 12:24 am to Swankie
Link not working
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 9/10/13 at 5:18 am to Tiger1242
quote:ehhh I know someone that went belly up on this one,you had better know how to work on those machines(seasonal also)
Batting cages, and you can give lessons too
Posted on 9/11/13 at 11:20 pm to GoCrazyAuburn
quote:
Laundromats if you can get a good location can make you a ton of money.
I can imagine that location is EVERYTHING with this type of business.
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.
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