Quick Answer: What Kind Of Business Can I Start For $10 000?

How can I double my money fast?

Speculative ways to double your money may include option investing, buying on margin, or using penny stocks.

The best way to double your money is to take advantage of retirement and tax-advantaged accounts offered by employers, notably 401(k)s..

What is a good first business to start?

Best Small Business IdeasHandyman. Are you always fixing things around the house? … Woodworker. … Online dating consultant. … Sewing and alteration specialist. … Freelance developer. … Personal trainer. … Freelance graphic designer. … Life/career coach.More items…•

Can owning a franchise make you rich?

The bottom line is that while a franchise can make you independently wealthy, it isn’t a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.

Which kind of business I can start with 10000?

So if you want to work for yourself, here’s eight businesses you can start with $10,000 or less:Photographer. … Online retailer. … Personal trainer. … Graphic designer. … Party planning. … Handy person. … Consulting. … Business coach.

What can I sell to make money?

40+ Things To Sell Right Now to Make MoneySell printables.Sell courses.Your kids old toys and clothes/shoes that no longer fit them.Things around the house that you no longer need.Books / DVD’s / BluRay’s you have that you never watch or read.Recycle your old phone or docking station you never use.Clothes you can’t fit into anymore.Photos that you’ve taken.More items…•

What is the best business for 2020?

Here is a list of the 107 best small business ideas to start in 2020.Freelance Content Marketing. … Freelance eBook Writing. … Invest your Money. … Build a Niche Website. … Car Washing and Detailing. … Carpet Cleaning Business. … Child Care. … Computer Repair. There are more than 1 billion computers in use right now.More items…

What business can you start with 20k?

7 Profitable Businesses You Can Start With 20K Or LessSelling Second Hand Clothes. This has become a very lucrative business option for many young people. … Printing/Photocopying. … Operating a Salon/Barber Shop. … Selling Boiled Eggs, Smokies Or Sausages. … Movie Shop. … Car Wash. … Selling fruits & vegetables.

How much money do I need to open a McDonald’s?

The total investment necessary to begin operation of a traditional McDonald’s franchise ranges from $1,008,000 to $2,214,080. This includes an initial franchise fee of $45,000.00 that must be paid to the franchisor.

What is a unique business to start?

What Does “Unique” Mean?11 New and Unique Business Ideas.Become a Virtual Assistant.Start an Online Store.Specialty Food Business.Specialty Retail Store.Bike Service and Repair.Business Plan Service.More items…•

What are the most successful small businesses?

Most Profitable Small BusinessesTax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. … Catering Services. … Website Design. … Business Consulting. … Courier Services. … Mobile Hairdresser Services. … Cleaning Services. … Online Tutoring.More items…•

What business you can start with no money?

26 Businesses You Can Start for FreeBlogging. While not a new concept, monetized blogging is always a popular option for an essentially no-cost business. … In-home child care. … In-home dog care. … Pet services. … Dog training. … Freelance writing. … Freelance editing. … Resume building.More items…

What is the cheapest franchise to buy into?

Low-Cost/Cheap FranchisesCruise Planners. Franchise fee: $10,995. Initial investment: $2,095 to $22,867. … SuperGlass Windshield Repair.JAN-PRO.Jazzercise. Franchise fee: $1,250. Initial investment: $2,500 to $38,000. … Dream Vacations. Franchise fee: $495 to $9,800. Initial investment: $3,245 to $21,850.

What business can you start with 5000?

6 Businesses You Can Start for Under $5,000Tutoring or online courses. Tutoring and online learning can be terrific business opportunities, and quite attainable with seed money from a tax return. … Make a product and sell it online. … Open a consulting business. … Create an app or game. … Become a real estate mogul. … Virtual assistant.

What is the cheapest business to open?

20 Cheap Businesses You Can Start in Your Spare TimeSales Consultant. Avon, Mary Kay, Pampered Chef, and Tupperware all enlist the help of local sales representatives to get the word out to shoppers about their products. … Lawn care. … Homemade gourmet foods. … Babysitting. … Cleaning services. … Catering. … Errands. … Handyman.More items…•

What is the best business for a woman to start?

These are the top small business ideas for women:Blogging.Affiliate Marketing.Freelance Writing.Proofreader.Bookkeeper.Social media influencer.Sell on Amazon.Life Coach.More items…•

Is 10000 enough to start a business?

You can start almost any business with $10,000. If you’re thinking of starting a business, it’s really about finding a need and designing a solution. Finding a need can be done in a lot of ways: Interview people to ask about their problems.

What is the most thriving business?

Bookkeeping and Accounting With a net profit margin of 19.8%, bookkeeping, accounting, tax preparation, and payroll services have long been some of the most profitable businesses for entrepreneurs.

What business makes the most money?

These are the most profitable companies in the world.Apple Inc. ( AAPL) … Exxon Mobil Corporation (XOM) > Earnings from continued operations: $33.6 billion. … Samsung Electronics Co. Ltd. … Berkshire Hathaway Inc. ( BRK.A) … Chevron Corporation (CVX) > Earnings from continued operations: $19.3 billion.

How can I invest 10k?

Below are some of my best recommendations for how to invest 10k.Stash it in a high-yield savings account. … Start or add to your emergency fund. … Try out a self-directed brokerage accounts. … If you’re a beginner, stick with mutual funds and exchange-traded funds (ETFs) … Use a robo-advisors for hands-off investing.More items…

How much does a Subway owner make?

But Subway restaurants generate less revenue than McDonald’s units. A Subway restaurant, on average, generates $417,000 in sales annually, compared to $2.7 million in average annual revenue for McDonald’s restaurants, according to QSR magazine. Subway also charges its franchisees hefty ongoing fees.