The logo for the strategic advisor board where results matter
The logo for the strategic advisor board where results matter

    10 Ideas for How to Start a Business With $10k or Less | Strategic Advisor Board

    Strategic Advisor Board

     10
    Ideas For How To Start A Business With $10k Or Less

    What if you only had $10,000 to start a business? You've got a lot of
    options. I'll let you be surprised! You really don't need a lot of
    money to start a successful business. In fact, with just $10,000 or
    less, you can get your business off the ground. More than three-quarters (78%) of those surveyed said they had an idea
    for starting their very first entrepreneurial venture at least once
    during childhood. Here are top 10 ideas for how to do just that:


    1. Start A Blog

     If you're passionate about a particular topic, why not share your
    knowledge and insights with the world? What you need is a domain name
    and hosting; you can be up and running in no time. Plus, once your
    blog starts to attract an audience, you can monetize it through
    advertising, affiliate marketing, or selling products and services.


    If you are into
    writing, starting a blog is the best way to utilize your skills and
    earn income. Blogs are indeed one of the best ways to generate
    revenue through ads and affiliate marketing. You can start a blog
    about any topic that you're passionate about, such as a hobby or
    interest.


    Don't forget to
    choose a catchy name for your blog that will be easy for people to
    remember.


    Don't forget
    about push notifications. This will allow readers to stay engaged and
    updated on the latest happenings within their industry or area of
    expertise! Integrate affordable tools for web browser(s), mobile
    device (iOS & Android) as well at our team's disposal so we can
    make sure all traffic gets seen."


    2. Start An E-Commerce Store

     With platforms like Shopify and WordPress, it's easier than ever to
    set up an online store. You can sell products, digital goods, or even
    services. Plus, there are plenty of built-in plugins and themes to
    help you customize your store exactly how you want.


    Why spend a
    bundle opening your store when you can do it online? Tens of
    thousands of entrepreneurs have already taken advantage of and opened
    their stores without investing too much money. Why not give this a
    try?


    Turning a
    thriving hobby into an established, long-term business is not easy.
    It seems absurdly simple to start selling products on these online
    marketplaces, making it seem all the more difficult when you're
    trying your hand at making money from them!


    You'll need to
    think about who is your target audience, what you want your store of
    yours known for. What products are going into it, and how will
    pricing be set? Consider digital marketing – where should people
    visit once they're there and engage with them through social media
    channels like Facebook or Twitter etc.; then make sure that all
    finances match up too!

    To Do Start A Business


    3. Offer Consulting Services

     If you have expertise in any area, why not share it with others and
    get paid? You can offer consulting services either in person or
    online. Plus, you can set your rates and decide how much time you
    want to dedicate to consulting.


    As a consultant,
    you'll be helping businesses with your specific skill set. This may
    vary from social media marketing to search engine optimization (SEO).
    If you have a skill that businesses need, you can offer your services
    and get paid for it.


    You'll need to
    market your consulting services. You can do this by networking,
    cold-emailing potential clients, or creating a website. To get
    started, though, all you need is a phone and an internet connection.


    Note that you
    should make it a point to separate your personal and professional
    life when starting a business. This means your business has different
    email accounts, phone numbers, and social media profiles. It cannot
    be easy to juggle everything at first, but it's important to maintain
    a professional appearance if you want to be taken yourself seriously
    as a consultant.


    4. Create An App

     With over two billion active app users, the app market has great
    potential. If you got a great idea for an app, you can develop it
    yourself or hire a developer to do it for you.


    The best part
    about creating an app is that you can make it as simple or complex as
    you want. Millions of apps are out there, so you don't need to
    reinvent the wheel. Just find a niche market and fill it with your
    app.


    Of course, you'll
    need to market your app if you want it to be successful. You can
    start by creating your app's website and social media profiles. Then,
    reach out to potential users and let them know about your app.


    It is important
    to note that you don't need much money to create an app. You can
    create a simple app for free using one of the many app development
    platforms out there. However, if you want to create a more complex
    app, you may need to hire a developer.

     5. Promotional
    Material

     There are many businesses that needs help with promoting their
    products or services. If you're good at marketing and have a creative
    mind, you can offer your services as a promotional material
    consultant.


    Promotional
    products are the best way to get your name in front of customers.
    Every startup or small business that wants a piece of the promotional
    material pie has an opportunity waiting for them!


    Promotional
    material
    is a great way to get your name out there! You can use it
    for any organization or business that needs extra marketing, and you
    might even succeed with local municipal services such as the police.
    Check the chamber of commerce in town first before trying anything
    else- they are often an excellent resource when looking into these
    things locally done well by people who know what they're doing (and
    don't need much guidance).


    As a promotional
    material consultant, you'll create marketing materials for
    businesses. This may include anything from business cards to flyers
    and brochures. You'll need to be creative and have a good
    understanding of marketing to be successful in this role.


    To get started,
    you can reach out to businesses in your area and offer your services.
    You can also create a website and social media profiles to promote
    your business.

    6. Personal
    Shopper

     If you love to shop and have an eye for style, you can start a
    business as a personal shopper. Personal shoppers help busy people
    find the best clothes for their lifestyles and needs.


    To be a
    successful personal shopper, you'll need to understand fashion well.
    You'll also need to be organized, efficient, and have a great sense
    of customer service.


    You can reach out
    to people in your network and offer your services to get started. You
    can also create a website and social media profiles to promote your
    business.


    There is also the
    option to work with a specific store as their shopper. This can be
    the best way to get your foot in the door and build your clientele.   

    7. Offer
    Construction Service

     With the right skills and tools, you can create a successful
    residential construction project business.


    As spring
    approaches in many states across America- from Florida to California
    -construction begins on houses as well as commercial buildings such
    as garage doors or sheds; there's no better time than now if you are
    interested in maximizing the potential of this season for new
    opportunities!


    There is always a
    high demand for construction services. If you have experience in the
    construction industry, you can start your own business offering your
    services to homeowners and businesses.


    A good set of
    tools is essential to success in this business. You'll want a
    reliable vehicle for getting around, too! You can start by
    advertising your business in local publications and social media. You
    can also reach out to homeowners and businesses in your area and let
    them know you're available for hire.


    When it comes to
    construction projects, the best time for advertising your business is
    early. Start buying local newspaper ads in February and March so that
    you'll be on people's minds when they plan their renovations or new
    homes! 

    8. Recycling And Upcycling Business

    With a little creativity, you can start a recycling and upcycling
    business. This business takes old products and materials and turns
    them into new ones.


    There are many
    recycling and upcycling businesses you can start. For example, you
    can start a business that recycles old electronics. You can also
    start a business that upcycles old furniture.


    To get started,
    you must research what businesses already exist in your area. You
    will also need to find a market for your products. Once you have a
    market and an audience, you can start promoting your business online
    and in local publications.

    9. Open A Coffe Bar

     For many people, coffee is an essential part of their daily routine.
    You can take advantage of this by opening a coffee bar.

    A coffee bar can
    be a great business for coffee lovers. You'll need to have a good
    understanding of coffee and be able to make a variety of drinks.

    Start small and
    keep it simple. You don't need a full-blown restaurant, just
    something with a coffee/tea selection with some pastries or snacks
    for those early morning office workers who want something more than
    their standard fare when they hit town at 8 am sharp!

    Any business
    needs to consider its location. You don't want a huge space, and you
    can find ways of storing your product or equipment if needed- even in
    small spaces! Consider the crowd that will come through your door
    before deciding where best place yourself; try looking near office
    buildings with lots of walking traffic, so they're more likely not
    only to see but purchase what it is exactly that YOU offer too!!

    You have to be
    aware of competitors in the area and how best to appeal to customers.






    You can offer a
    discount for their first purchase to get customers in the door. You
    can also host events at your coffee bar. For example, you can hold a
    coffee-tasting event.

    10. Spent In A Fitness Gym

     A fitness gym can be a great business for people passionate about
    health and fitness. You'll need to have knowledge about exercise and
    be able to create a variety of workout routines.

    You'll also need
    to have the right equipment for your gym. Start by researching the
    best equipment for your budget. You can also find used equipment at a
    fraction of the cost.

    Regarding
    location, you'll want to choose a convenient space for your
    customers. You'll also want to ensure that your gym has the right
    atmosphere.

    You can offer a
    free trial period to get customers in the door. You can also offer
    discounts for referrals.

    You'll want to
    use a combination of online and offline marketing techniques when
    marketing your gym. For example, you can create a website for your
    gym and promote it on social media. You can also distribute flyers in
    your local community.






    There you have
    it! Ten ideas for how to start a business with $10k or less. Which
    one of these businesses will you start? Let’s explore other industries.

    Start Your Business

    Frequently asked questions

    Which is the best business to start in $10k?

     It depends on what you're interested in and what your skills are.


    Some people might
    recommend starting a small business, while others say investing in a
    franchise is better. Both options have pros and cons, so you'll need
    to weigh the risks and rewards before deciding.


    Whatever route
    you choose, make sure you do your homework and talk to as many people
    as possible who have experience in the field.

    Which is the easiest and cheapest business to start?

     Any business can be easy and cheap to start, but it won't be
    successful if it's not the right business for you.


    The best way to
    determine whether a business is easy and cheap is to research what's
    involved in starting the business. For example, some businesses
    require a lot of money upfront for inventory or startup costs, while
    other businesses can be started with little or no money. And some
    businesses require a lot of time and effort, while others can be run
    with little time commitment.


    Final Thoughts

     So, you've got an idea for a business but don't have the money to
    start. Or maybe you do have some savings, but they won't last long if
    you go all in on your new venture. That doesn't mean you can't start
    your own company – it just means you need to be a little more
    creative about how you fund your startup.


    Here are ten
    ideas for starting a business with $10k or less. If none of these
    work for you, consider talking to a strategic
    advisory board
    who can help brainstorm other ways to
    make your dream a reality. You could be the next entrepreneur making
    waves in your industry with some hard work and luck. What are you
    waiting for? Get started today!

    The Strategic Advisor Board is designed to help you get over, around or through so you can reach your next goal. That is what we were built for and we are really good. Just reach out and touch us here to setup a call and have a quick conversation with our team today.


    Written and Published By The Strategic Advisor Board Team
    C. 2017-2023 Strategic Advisor Board / M&C All Rights Reserved
    www.strategicadvisorboard.com / info@strategicadvisorboard.com

    Share by: