100 Businesses to Start With 10K  (Summary Breakdown of the Cost)

The businesses to start with 10K are:

1. Local lead generation
2. Commerce business
3. Digital marketing agency
4. Consulting business
5. Coaching
6. Import/export business
7. 3D printing
8. Small business coaching
9. Social media management agency
10. Graphic design

According to Small Biz Genius, 64% of small businesses start with $10,000 in capital. The key is to focus on low-overhead, high-demand services or products. You need to leverage digital platforms to help reduce costs and reach a broader audience. Kabbage even reports that one-third of successful small businesses started with less than $5,000.

For online businesses, this investment can cover website hosting, e-commerce platform fees, initial inventory or product development, and digital marketing expenses. According to Tigren, the average cost of website hosting ranges from $2.95 to $49.95 per month. But physical businesses often need much more capital to get off the ground. In these cases, $10,000 can be seed money for a business plan, market research, and securing more funding.

But starting a business with limited funds means you must wear multiple hats. This can lead to long working hours and eventual burnout. Limited funds also restrict your ability to scale, pushing you to seek loans. Careful financial planning is essential to avoid running out of funds. According to the U.S. Chamber of Commerce, 82% of small businesses fail due to cash flow issues. Your business might rely heavily on a few clients. You will also need to diversify your client base to avoid risks with client dependency.

This article covers 100 businesses to start with a 10K investment. We will also breakdown the estimated startup cost of each business and reveal why 90% of business fail in four month. Lastly, we discuss the best business the start and introduce another model that might be better for you.

1. Local Lead Generation

Local lead generation uses websites to target customers searching for local services. These sites collect leads, pass them to local businesses, and earn a commission for each lead. According to Saleshandy, a one-person local lead gen agency’s initial cost can range from $800 to $1,500. The expenses include a website, domain, hosting, and lead generation software. According to Salesmate, SEO leads have a 14.6% close rate. This is higher than the 1.7% close rate for outbound leads, making them 8 times more likely to close. Local businesses should optimize their sites because local searches drive more store visits.

Salesmate states that leads that are followed up within 5 minutes are 9x more likely to be converted. This shows the importance of timely follow-ups in the lead generation process. 53% of marketers spend about 50% of their budget on lead generation. The importance of lead generation in business growth is highlighted by this substantial investment. Starter Story reports that lead generation businesses average $48,600 in weekly revenue. This weekly revenue can translate to monthly revenue of $194,000. Whereas, established lead generation companies can make $500 to $2,000 monthly per site.

2. eCommerce Business

An ecommerce business generates revenue from selling products or services online. For instance, it might sell apparel, software, or housewares. Ecommerce refers to buying and selling online and can happen on a website, social media, or a company app. Online transactions will account for 22.6% of retail sales by 2027. This statistic shows that the rise in digital orders is a permanent shift. Upmetrics says that individuals can start an ecommerce store with an investment of $500 to $1,000. The initial investment covers website setup, domain, and eCommerce platform expenses.

According to Shopify, the average profit margin can be around 10% for an eCommerce business in the USA. These profits can rise to 20% with a proper plan and management depending on the industry you are dealing in. An eCommerce site in the US can make over $150,000 in revenue per month within three months. But if the business operates for one year, it will generate nearly $330,000 per month.

3. Digital Marketing Agency

A digital marketing agency handles:

• Social media management
• Cntent creation
• Graphic design
• Paid advertising. 

To set up a digital marketing agency, you’ll need an initial investment of $50 to $500. It’s also wise to have small business insurance. It costs $500 to $2,000 to cover potential risks while permits and licenses run from $50 to $700. You also need to factor in miscellaneous expenses, like office supplies and utilities.

Profit margins in the digital marketing industry can vary from 15% to 25%. A small agency generate $500,000 in revenue. These agencies typically serve local clients or focus on specific niches. Salaries will depend on the size of your agency and its growth. Full-time salaries can range from $30,000 to over $100,000. This depends on their role and experience.

4. Consulting Business

Consulting firms provide tailored guidance to assist both companies and individuals. It helps them solve problems or improve processes. Starting a consulting business costs between $5,000 and $10,000. Investments include a professional website, marketing materials, and essential software tools. But if you plan to have a physical office, you need to spend over $20,000.

The annual income ranges from $90,000 to $350,000. This means that business consultants make an average of $56 per hour. This varies based on services offered and client types. Consulting businesses can scale by hiring more consultants or expanding service offerings.

5. Coaching

A coaching business offers personalized support for personal or professional development. Coach Foundation says need to invest $5,000 to start a coaching business with a $5,000 investment. Over 98% of coaching clients say that coaching was worth the investment. Demand for life coaches is rising, with the industry expected to grow at 5.4%. 80% of leaders believe they need external help for growth and development.

According to a case study, coaching businesses have a 221% ROI. The 2023 ICF study found the average annual revenue is $52,800. Business coaches earn an average of $100,145 per year. But running a coaching business full-time allows you to earn more. The average annual earnings for a small coaching business are $84,190. Which means they earn $2,000 to $10,000 per month. While top earners make up to $30,000 per month.

6. Import/Export Business

Import and export businesses engage in the trading of products and goods across borders. This trade is vital for the global economy because it helps countries get needed products. Entrepreneurs need to invest $5,000 to $20,000 for initial setup and operational expenses. Operating from home minimizes costs by eliminating office space and extensive inventory. Specific costs include product cost, shipping, customs fees, insurance, and overhead charges.

USA Custom Clearance says import-export startups average $75,000 profit. But a mid-level importers/exporters earn $50,000 a year. This venture is ideal for those with a keen interest in international trade. Since they must navigate many regulations and logistics.

7. 3D Printing

3D printing turns a digital model into a tangible, 3D object by layering materials. This method has grown fast because it’s cheap and small. The initial investment cost for a 3D printing business is around $5,000. But your budget can be approximately $2,000 to $10,000 for mid-range 3D printers. The demand for 3D printing is strong. According to many analysts, the 3D printing market will expand between 18% and 27% annually. Entrepreneurs make and sell items like smartphone cases, toys, and home accessories.

According to The 3D Bros, a 3D printing business have an 80% profit margin. This translate to a potential annual revenue of $40,000 to $130,000. YouTuber and 3D printing company owner Austen Hartley shares that he earns $5,000 to $30,000 per month. He says entrepreneurs can make a decent profit printing objects and selling pre-made prints on platforms like Etsy.

8. Small Business Coaching

A small business coaching is a service that offers professional and personal development for entrepreneurs. Life coach Smita Das Jain shares that she initially invested $7,000. She spent most of it on certifications, affiliations, and a professional website. Smita says engaging personally with your network is key to achieving results. Gitnux states that the business coaching industry is expected to grow at a CAGR of 5.5% from 2020 to 2027.

The rise of entrepreneurship created a big demand for skilled business coaches. Deposit Fix states coaching businesses maintain a 25-30% profit margin. The average hourly rate for business coaching range from $75 to $300 which translates to $1,572 per week. As of 2024, business coaches earn an average of $100,145 per year, according to Glassdoor.

9. Social Media Management Agency

A social media management agency oversees a company’s presence on social platforms. It includes creating, scheduling content, and monitoring performance. According to Starter Story, starting a social media management business costs $5,911. Your expenses include software tools for project management, email marketing and accounting. Gitnux reports that in 2021, 91% of small businesses use social media. That means nine 9 of 10 companies use social media to connect with their target audience.

MavSocial states that social media management rates range from $250 to $5000+ per month. The average salary for a social media manager in the U.S. is $73,099, according to Builtin. Beginners use platforms like LinkedIn to find freelance jobs and contact small businesses. Collaborate with small businesses to establish steady contracts and achieve growth.

10. Graphic Design

Businesses rely on graphic design to attract and engage their target audiences. Entrepreneur estimates starting a graphic design business costs $2,000 to $10,000. But CNBC suggests it can be done for under $1,000. The initial expenses include a computer, design software, and a website. This costs between $500 and $5,000. Piktochart says that 20% of organizations spend $10,000 on graphic design. 32% of organizations report an annual graphic design budget of $1,000 to $5,000.

A graphic designer who charges 25.05 to $31.01 per hour earns $52,100 to $64,500 a year. A midlevel graphic designer earns between $45,000 and $55,000 on average. Freelancing is common in this field. Platforms like Fiverr and Upwork allow designers to find clients quickly.

11. Tax Preparation

Tax preparation is devising tax returns for compensation on behalf of the clients. It ensures compliance with tax laws and finding deductions or credits to reduce tax owed. Tax preparation is an affordable businesses to start with an initial investment of $2,000 or less. You only need to spend on certifications, software subscription, and marketing to start your business.

Tax preparation is in demand, especially during tax season from January to April. Many people hire professionals because U.S. tax laws are so complex. Tax preparation service earns around $77,000 per year. Indeed, reports the national average salary for a tax preparer is $48,274.

12. Content Creation

Content creators brainstorm, create, and publish relevant content pieces. A survey by Learn with Breonna found that content creators spend around $2,221 per year on expenses. FindModelsLab states that content creators need to spend $5,000 - $2,000 on tools and software. The demand for content creators rose 117% in July 2023 year-over-year, per Indeed. Companies spend $2,500 and $75,000 on content marketing, as reported by Marketing Insider Group. 

Glassdoor reports that the average annual income for content creators between $49,000 and $79,000. Your hourly rate ranges from $23.56 to $37.98, with a monthly earning of $4,083 to $6583. Provide valuable and informative content to build trust with your audience. This trust builds long-term relationships with your clients and allows you to earn more.

13. Online Translating Service

An online translating service quickly converts text or speech from one language to another. StartUp101 states that starting a translation business costs between $2,000 and $5,000. These include grammar books, dictionaries, and books in your niche. Translators use digital tools with advanced algorithms and machine learning to translate content in real time.

This service is in high demand due to globalization and international communication needs. Average income ranges from $20,000 to $80,000. Freelance translators earn around $60,000 annually, with hourly rates of about $18.

14. Online Retail Business

An online retail business is the sale of products and services to the public in small quantities over the internet. Upmetrics reports individuals need to spend $500-$1,000 to start an e-commerce business. Ongoing expenses include website costs, logistics, and marketing. Forbes predicts that by 2024, 20.1% of retail sales will be online, a number expected to rise to 23% by 2027. This growth is fueled by the convenience and competitive pricing of online shopping.

E-commerce store owner Jenn Leach shares that she earns $10,000 a month in less than 10 hours per week. A Quora user even states that a new eCommerce store make over $63,000 in monthly revenue. To enhance profitability, you need to provide a seamless and enjoyable shopping experience for customers.

15. Domain Flipping

Domain flipping involves buying and selling domain names for a profit. You don’t need a lot of money to start flipping domains. Based on Hostinger, individuals get domains for only $0.99/year. Other than those costs, you need a computer and a stable internet. This makes domain flipping a low-risk and accessible business.

According to WeCanTrack, successful website flippers achieve a 30-150% return on investment. Beginner domain flippers earn $100 to $10,000 and part-time flippers earn from $1,000 to $8,000 per year. Domain flipping is risky without a buyer but easy to start with minimal investment. Successful domain flippers identify domains with potential value.

16. Dropshipping

Dropshipping is when an eCommerce business sells products without stocking them. It appeals to individuals who prefer efficiency and low overhead. AppScenic says you’ll need around $2,000 to start drop shipping. LitExtension states that 30% of eCommerce stores use dropshipping as a fulfillment method. This suggests a thriving market for dropshipping suppliers and service providers. 

According to BlueCart, dropshipping make between 20% and 30% profit from each sale. This means they take home at least $100,000 per year or $1,000 and $5,000 per month. Successful dropshipping businesses earn from $50 to $5,000 daily. Established dropshippers make between $2,000 to $10,000 per month.

17. Online Researcher

Online researchers collect data for companies or individuals by browsing websites and online databases. The estimated startup costs for an online research service range from $200 to $5,000. This includes basic online tools, research software, and office space. You also need to spend on a reliable computer, internet connection, and software for data analysis.

The average hourly rate for an online researcher range between $10 to $29/hour. However, an entry-level online researcher start out at $5 to $10 per hour, with pay raises to follow. According to Comparably, the average US salary for an internet researcher is $67,349. This means they earn $5,600 per month.

18. Social Media Consultant

A social media consultant helps businesses improve their online presence. They do this by creating and managing content on many platforms. Starting a social media consulting business costs $730 to $7,000 investment. This covers essential tools, marketing, and a few initial advertisements. Finmodelslab reports that the social media consulting industry grows at 10% every year.

Businesses rely more on platforms like Instagram, Facebook, and LinkedIn for marketing. The Economic Research Institute states that average social media consultants earn $52,000. This business is ideal for tech-savvy entrepreneurs who understand digital marketing trends.

19. SEO Consultant

An SEO consultant helps businesses improve their online visibility by optimizing their websites for search engines. The initial cost to start an SEO consultant business range from $62 to $7,000. This depends on the number of services the agency will offer and features they plan to use. Companies need SEO consultants to boost their online presence. Forbes projects that SEO roles will continue to grow by 22% between 2020 and 2030.

Search Engine Journal states 27% of SEO professionals earn $35,000 to $49,000 after 2-4 years. Experienced SEO consultants charge $100-$150 per hour. This translates to an earning of $200,000-$300,000 as solo entrepreneurs. However, the potential for profit grows even more when you start an agency.

20. App Development

An application developer creates programs for various platforms, such as Android or iOS. According to Clutch, the minimum cost for an app development project ranges from $5,000 to $10,000. The total median cost is around $171,450 because of complexities. Pat Walls shares that an app development business can make $950,000 per year with a gross margin of 83%.

Business of Apps reports that the average US developer earns about $121,000 per year. Appbooster says 5G and more digital content are driving the demand for mobile apps. Businesses can use these trends by adding features that improve user experience.

21. Virtual Assistant

A virtual assistant is a remote professional that provides administrative, technical, or creative support to businesses. GrowThink indicates that it costs $100 to $2,000 to start a virtual assistant business. You only need a computer and internet to start. The demand for virtual assistants surged by 40% in 2020. This trend continues to grow because of the increasing need for remote work solutions.

On average, a virtual assistant in the US is paid $23.95/hour, according to Doola. And those with specialized skills earn even more. VAs on Upwork make $18.89 per hour. Virtual assistants must invest in marketing and advertising to grow their business.

22. Social Media Marketing Agency

A social media marketing agency provides services for businesses looking to enhance their online presence. These agencies manage Ad campaigns and create promotional content for Facebook, Instagram, and LinkedIn. Zarla’s research shows that it costs between $1,410.00 and $2,575.00 to start a social media marketing agency. High demand for digital marketing makes starting a social media agency appealing. Social media is now a key marketing tool due to the shift online.

Agency Analytics reports that social media agencies earn $1,500 to $25,000 monthly per client. ZipRecruiter says a social media marketing agency earns about $78,800 a week. A marketing agency is profitable if they use new trends and keep a smart a approach. 

23. Self-Publishing Consultant

The role of a self-publishing consultant is to assist authors in independently publishing their works. Starting a self-publishing consultancy requires low initial investment. It ranges from $2,000 to $10,000 for a basic setup. You need tools like a computer, internet, and editing software.

The self-publishing industry has seen a 264% increase in the last five years. And in 2023 alone, over 500,000 self-published books were released. This surge highlights a growing market for self-publishing consultant. Career Bliss reports, publishing consultants charge $34 per hour and an annual salary of $70,000. But project-based fees vary based on the scope of services offered.

24. Business Plan Service

A business plan service helps small businesses create detailed and strategic business plans. A conservative estimate for a home-based business start at a few thousand dollars. But a more traditional office setup need tens of thousands. According to NerdWallet you need to spend $50 to $725 for business licensing and certification. Your initial expenses include marketing campaigns, website, insurance, and research and development. 

A business plan service is crucial for guiding businesses reach their definition of success. Steve Goldstein says 30% of businesses without a plan fail in the first 3 years. And 70% of the businesses that manage to survive for 5 years after following a strategic business plan. Zippia reports that an average US business planner salary is $119,250. Business planner salaries typically range from $85,000 to $166,000 annually.

25. Customer Service Training

A customer service training ensures businesses deliver high-quality service. It teaches employees the skills necessary to handle customer inquiries and complaints effectively. According to Starter Story, the initial investment ranges from $2,000 to $10,000. This depends on the scale and complexity of the training services offered.

Customer service is vital for business growth. This is because consumers now expect a great experience at every touchpoint. PWC reports 73% of consumers say great experiences influence future purchases. A Customer service training specialist makes, on average, $20 per hour. According to the Coach Foundation, customer service coaches make an annual salary of $30,000 to $50,000.

26. Sales Training 

Sales training businesses focus on helping individuals and organizations improve their sales skills. According to Uteach, you need $190 to $500 to start a sales training business. Data from Business says the initial investment ranges from $100 to over $1,000. A well-established sales training business generates significant revenue.

The average salary for a US sales training specialist is $69,157. A sales training manager earns an average of $90,786, according to Pay Scale. As a business owner, your potential earnings exceed these figures.

27. Resume Service

A résumé service offers professional writing and editing services to job seekers. They create appealing resumes to attract recruiters and hiring managers. You can start a resume writing business with an initial investment of $50-$100. Your ongoing expenses include computer maintenance, marketing expenses, and internet connection fees. 

According to Upwork, resume writers on their website earn $25–$65/hr. Most of the money you earn will be pure profit. Earning $100,000 annually is achievable with 100 clients at the top price tier. Glassdoor reports that a professional resume writer earn up to $79,000 annually.

28. Expense Reduction Consultant

An expense reduction consultant helps businesses identify and implement strategies to cut costs. They analyze financial statements and operational processes to pinpoint inefficiencies. Entrepreneur reveals that the startup costs is between $2,000 to $10,000. The major expenses include financial analysis software, certifications, and marketing materials. Start small and expand your services or team members as you gain more clients. 

A consultant at Expense Reduction Analysts earns an estimated total pay of $92K–$145K per year. This includes base salary and additional compensation. Glassdoor reports an average base salary of $107,000 per year, plus $8,000 in additional pay.

29. Liquidated Inventory Sales

Liquidated inventory sales are about buying excess or returned items at deep discounts and reselling them to make a profit.  According to ProjectionHub, the startup costs for a liquidation business are $10,000. Liquidation businesses capitalize on the buying frenzy people are feeling. The total amount of liquidation sales has increased by 5% over the last decade. Entrepreneurs leverage the impulsive nature of online shoppers to be profitable.

 A liquidator who buys a truckload of retail goods valued at $115,000 for $8,000 sells it at the retail price makes around $32,000. This means their cost of goods are sold at 25%. Liquidators can have an annual revenue of $3 million with net profit of 15% of sales. This amounts to $450,000 in annual profit.

30. Health and Wellness Coaching

Health and wellness coaching is a collaborative approach that helps clients achieve sustainable lifestyle changes. The price range for starting a health coaching business is $3,000 to $10,000. This depends on factors like location, overhead, and marketing expenses. According to Market Research, 60% of Americans want health coaching. But 80% of them have never had it offered to them. This market gap shows there is a demand for this type of service. 

Millennials and Gen Z are particularly inclined to spend on health and wellness. This shift and the rise of holistic health create a business opportunity for this industry. Kresser Institute reveals that health coaches earn around $50,000 to $100,000 per year. Full-time health coaches earn between $50,000 and $80,000 annually. And according to Zip Recruiter, the average personal health coach earns between $29,000 to $97,00 per year.

31. Green Business Consultant

A green business consultant helps companies integrate sustainability into their strategy and operations. Businesses today are motivated to “go green” due to regulations and public pressure. Organizations look to improve their image and follow evolving regulations. The cost for green building consulting businesses ranges from $2,000 to $10,000.

Studies show that 88% of consumers are more loyal to a company that helps them be eco-friendly. In the US, Green Consultants earn about $41.55 an hour on average. Green building consulting business owners earn between $50,000 to $150,000 annually.

32. Professional Organizer

A professional organizer helps businesses and individuals declutter and arrange office spaces. Surveys show 25% of Americans admit to having a clutter problem at home. Finmodelslab states that the initial costs ranges between $500 to $10,000. You also need to shell out for advertising, insurance, website development and expenses. QC Design school suggests saving $15,000 - $20,000 before starting operations. But this number may be higher or lower and depends on how big you want your company to be.

A professional organizer also serve niche markets. They also organize for seniors or people with disabilities. Data shows home and office organizers charge $50-$75 per hour. Although experienced organizers demand over $100/hr. Indeed, reports the average salary for an organizer is about $45,023. As a professional organizer, you earn $50 to $200 per hour or more.

33. Music Instruction

Music instruction is a teaching business that involves imparting music knowledge to students. The Tattooed Piano Teacher says you can start with under $500 for basic supplies and tools. According to Newfoundr, starting a music lessons business costs about $10,500. Gitnux data shows that 83% of Americans believe music education is important for children. According to Career Explorer, the US will need 18,500 music teachers in the next ten years.

The average yearly revenue for music school businesses in the US range from $200,000 to $500,000. Careers in Music states that music teachers earn $51,000 annually. Tom Hess Music Corporation also reports successful music teachers earn $100,000. Music instruction is also a good fit for those who want to work from home or have a flexible schedule. 

34. Home Staging

Home staging is preparing a home for sale by making it look more appealing to potential buyers. The goal is to sell a home faster and at a higher price. Starting a basic home staging business requires an initial investment of $10,000 to $50,000. According to the Real Estate Staging Association, home staging offers a return on investment exceeding 400%. Across the industry, 75% of staged homes achieve an ROI of 5% to 15% over the asking price. Sellers who skip staging risk significant financial losses.

The Staging Diva’s Debra Gould shares home stagers charge $300 for a two-hour consultation. Completing three consultations a week can earn you $3,600 a month. According to ZipRecruiter, home stagers earn between $26,000 and $42,000. Successful stagers make up to $81,000. Create a portfolio showcasing your skills with before-and-after photos to show the value you bring to potential clients. 

35. Hair Styling

A hair styling business is focused on cutting, coloring, and styling hair to meet client preferences. Many stylists also offer extra services like makeup application and skincare treatments. Starting a hair styling business requires an initial investment of $2,000 to $10,000. People need hair styling for grooming and special events. For example, Madison Dufour opened her studio with about $700.

According to StyleSeat, the average cost for haircuts ranges from $10 to $90. Special occasion hair styles cost between $40 and $325, and bridal hair services range from $60 to $400. According to Doola, the monthly earnings of hairstylists range between $1,500 and $5,000. But stylists earn six figures or more if they work in the right field.

36. Massage Therapy

Massage therapy involves moving soft tissues to reduce stress, ease muscle tension, and promote relaxation and well-being. It is a hands-on technique performed by trained massage therapists. UpFlip reports that startup costs range from $6,000 to $10,000. It’s mostly spent on acquiring certifications and licenses. This will validate your skills and help build trust with potential clients.

ClinicSense research shows that 54% of medical providers recommend massage therapy to patients. Bureau of Labor Statistics projects an 18% job growth for massage therapists from 2022 to 2032. That means the demand for massage therapists continues to climb. The average salary for a massage therapist is $47,180, according to the U.S. Bureau of Labor Statistics. But a massage therapy business owner in urban areas expect to earn between $50,000 to $100,000 annually.

37. Party and Event Rentals

Party and event rentals are a convenient and hassle-free way to plan an event. They offer options that make event planning efficient and cost-effective. QC Planning says starting a party and event rental business costs $850 to $1,000.

PerfectVenue reports that the industry earns between 10% and 20% revenue. Over 40% of B2B party rental revenues come from US customers. Quipli’s Kyle Clements notes that a party rental service gross $250,000 to $900,000. But a party rental business owners earn $52,000 to $156,000 a year.

38. Childcare Services

Childcare services offer care for young children outside of their family’s home. Initial costs range from $10,000 for a small home-based daycare center. These services are essential for working parents needing child care during work hours. According to Care 47% of parents spend $1,500 per month on child care expenses in 2023. With this rising demand, starting a childcare business is profitable.

According to Dojo Business daycare centers have gross margins of 30% to 50%. A small daycare owner earns $800 per month, while an average center owner makes $7,500 monthly. Business Insider states that childcare workers make an average of $12.40 an hour. And childcare workers earn between $9.00 and $22.65 per hour. 

39. Moving Company

A moving company helps people, and businesses move their goods. Every moving business will have slightly different startup costs. They are affected by your location and the size of the business you’re forming. Invest in a secondhand trailer for $3,000-$4,000 to minimize startup costs. Many people need moving services due to things like career moves and lifestyle changes. This demand ensures a steady flow of customers and directly affects your profits.

BISWorld analysts expect the moving business to keep growing at 3% per year through 2025. The annual revenue for small companies range from $10,000 to $50,000 per month. SharpSheets says the average turnover for a US moving service is $1,050,000 per year. 

40. Food Truck or Cart

A food truck or cart is a mobile culinary establishment that serves and sells food to customers. These mobile food businesses operate in various locations and cater to different events. Chef’Store states that business owners can start a food truck business with $2,000-$3,000. This is possible if you lease a food cart instead of buying a new one. The food truck industry has grown at an annualized rate of 9.9% from 2018 to 2023, according to Tailor Brands.

The unique and creative cuisine options are the reason consumers are drawn to food trucks. According to ScottMax, 43% of food truck spending comes from people aged 25-44, and 20% from those under 25. Food trucks clearly hit the mark with customers under 44. Food Truck Operator states that about 50% of food truck owners make $150,000 to $200,000 annually in gross sales. Toast also states that food truck owners earn between $24,000 and $153,000.

41. Flower Truck

A flower truck is a mobile florist that sells flowers and plants to customers. These businesses travel to different locations, such as farmers’ markets, festivals, and events. Zapier reveals that florists need $5,000 as an initial investment. Painting and outfitting the truck to be visually appealing and functional cost $1,000 to $2,000. According to Extension Americans spend $171 on floriculture products. The rising demand is due to their ability to bring fresh flowers directly to consumers at various locations.

EveryStem’s LuAnn Dickson shares that she earns around $500,000 in revenue. And with profits around $85,000 after her bills, expenses, and payroll. Profitable Venture reports a flower truck business earns over $360,000 annually. This is assuming a flower mobile business has a steady clientele.

42. Vending Machine Business

A vending machine business operates machines that dispense various products automatically, without human interaction. This business ranges from small setups to extensive networks. Business Insider notes vending machine startup costs range from $1,500 to $3,000. Grand View Research forecasts a 10.7% yearly growth for the vending industry until 2030. It indicates a strong demand and sustained viability for vending machine businesses.

A Quora discussion suggests that a well-situated vending machine earns $75 to $100 a week. As per SBO Financial, an average vending machine makes around $5,000–$6,000 of profit per year. Successful vending machine businesses often focus on choosing the right locations. They also keep machines stocked with popular items and offer good customer service.

43. Junk Removal

Junk removal is a business that involves picking up and disposing of unwanted items. This service is essential for those looking to declutter homes or businesses. Junk removal companies also ensure materials are disposed of safely. The startup cost for your junk removal business will range from $2,225 to $5,300. Recent statistics say the junk removal industry is projected to grow at a rate of 4.2% annually from 2021 to 2026. Urbanization is causing more people to live in smaller spaces with less storage. As a result, it causes a need for regular junk removal service. 

As per WorldMetrics 29% of people use junk removal services when moving. The United States makes up 4.25% of the global population but generates 33% of the world’s waste. This waste generation creates abundant job opportunities for waste management. YouTuber Financial Tutor Kevin says a junk removal business can earn $45,000 a month. Junk removal businesses generate an average annual revenue of approximately $1.4 million.

44. Photography Services

A photography service provider handles all aspects of photo production, from sourcing raw materials to printing in various formats. They also offer post-processing services, including color correction. Zenfolio estimates that starting a photography business costs an average of $10,000 to $15,000. There is a strong demand for photography services. Events like weddings, birthdays, and corporate functions often require professional photography.

A detailed analysis found that clients spend $100 to $500 per photography session. Customers use photography services 1 to 3 times a year, depending on their needs and events. A wedding photographer earns between $2,000 and $3,000 for a one-day shoot. Job projections show a 4% increase in photography employment from 2022 to 2032. This creates opportunities for new photographers, with up to 13,900 job openings per year.

45. Video Production Business

Video production companies serve clients, including businesses who need marketing content. Videographers need to spend $62 to $45,959 to start their own production company. According to HubSpot, 31% of marketers allocate 40% to 60% of their budget to video marketing. Businesses need engaging ways to reach customers, driving high demand for video content.

A video production company’s profit margins range from 10% to 50%. Video producers earn around $57,696 annually. But high-end producers make $100,000. A video production business makes $50,000-$100,000 a year. Your earnings depend on your niche, location, experience, and networking skills.

46. Aerial Photography and Videography

Aerial videography is the taking of motion pictures or videos using drones or airborne platform. You will need to spend $1,000 and $5,000 on professional-grade drones. You also need to buy accessories like lens filters, extra propellers, and carrying cases. Wyzowl’s data shows 91% of businesses used video as a marketing tool in 2023. This indicates a growing demand for video content across every industry.

As reported by PocketSuite, aerial photographers can make $43,930 per year. This translates to a monthly earning of around $3,360, depending on the project and location. An aerial photography business owner earns a median income from $50,000 to $80,000 annually. After you create a schedule and booking system on your website, you work on your terms and at your rates.

47. Medical Claims Billing

Medical billing is a process of collecting payments for healthcare providers. Doctors need help with tasks like preparing bills, sending invoices, and collecting payments. Medical Billing Course says individuals only need to spend $100 to get started. Invest in a computer, internet, and certifications. The demand for medical billing companies is increasing due to rising healthcare costs and billing issues. The Bureau of Labor Statistics expects a 13% rise in medical services jobs.

Entrepreneurs earn $40,000 per year with a home-based medical billing service. ClaimTek data shows that owner-operators earn $150,00 to $250,000 a year over the first three years. On the other hand, business owners with 5 members earn $500,00 per year after a few years of operation. Certified medical records specialists average $56,290 annually, according to the AAPC. And those with two AAPC credentials earn an average of $66,198.

48. Pet Grooming

Pet grooming is a key health maintenance activity for companion animals. It involves brushing, clipping, trimming hair, bathing, cleaning ears, and trimming claws. QC Pet Studies says a pet grooming business requires $500 to $1,000 upfront. Many pet owners prefer professional grooming services because they ensure thorough care. According to Punchey, mobile grooming services account for 20% of the market. 

PetExec reports that pet grooming salons average $2,000 to $15,000 in monthly revenue. But a small salon in a rural area with fewer customers and limited resources makes $2,000 monthly income. A high-end salon rakes in a monthly revenue of $15,000. 

49. Car Detailing

Car detailing is improving the condition of a vehicle’s interior and exterior appearance. It helps restore both the car’s exterior and interior to make it look nearly brand new. Starting a car detailing business requires an initial investment of $5,000. You need to prioritize acquiring essential equipment such as a vacuum, polisher, and cleaning supplies. Over 90% of US households have access to at least one vehicle. Car detailing is in high demand because many car owners want to keep their vehicles looking good. 

The industry’s net income is about 17.1% of revenue. So, the average small business owner makes about $37,620 in profit per year. According to Rightlook, car detailers charge between $1,000 and $2,000 and potentially earn up to $400 an hour. Torque360 reports an average one-person detailing business generates $90,000 annually.

50. Lawn Care

Lawn care businesses focus on maintaining and enhancing outdoor spaces. RingCentral reports that lawn care business owners start with an investment of $5,000 to $8,000. It’s wise to set aside about $5,000 for your business registration, licensing, and marketing. A Homebase article shares how one entrepreneur started with $300 in old tools. Data from FieldRoutes shows that the net profit margins for lawn care businesses range from 5% to 20%. 

A well-managed operation achieves margins towards the high end. The average annual salary for a lawn care business owner in the United States is $127,973. This equates to approximately $61.53 per hour, $2,461 per week, or $10,664 per month. Provide ongoing services such as fertilization, weed control, and pest management to maintain steady income.

51. Pressure Washing

Pressure washing is a cleaning method that uses high-pressure water to remove dirt, grime, mold, algae, and other stubborn substances from surfaces. Forbes Advisor also says this business can be started with less than $5,000 in capital. Josh started Brown’s Pressure Washing with only a $5,000 investment. Joshua invested $5K to start his business. He bought a boat trailer for $300, a pressure washer for $3,500, and other equipment and expenses. These made up the rest of his low startup costs. 

The U.S. pressure washing market has been growing at an average annual rate of 5.7% from 2018 to 2024. This growth is due to more construction projects worldwide. Upper says a pressure washer business can make $25,000 to $70,000 per year. A team of four to six workers, along with truck routing software, can increase this by cutting manual work.

52. Real Estate Appraising

A real estate appraiser holds qualifications to estimate property values. They conduct an unbiased evaluation and create a report to support your findings. Starting an appraisal business can be done with an initial investment of $2,000 to $5,000. The Bureau of Labor Statistics projects appraiser employment to grow by 5% from 2022 to 2032. This will create about 6,900 job openings each year. 

Salary data shows new residential appraisers earn $58,919 per year. A seasoned certified general appraiser earns $113,958 per year. Your salary will increase the more education and experience you have.

53. Doula Service

A doula service is a business that provides emotional, physical, and informational support to expecting parents before, during, and after childbirth. The role of doulas is to act as advocates, coaches, and companions for the birthing person and their partner. Entrepreneurs need to invest at least $500-$3,000 to open up their own doula service. According to NCBI, only about 6% of women who gave birth in 2011 and 2012 received doula care. Doula care is not easily accessible for low-income women and communities of color, creating obstacles.

According to Bornbir, doula services could range from about $800 to $2,500 or more. And Julie Francom from VBAC shares that high-profile doulas can earn up to $100,000 per year. However, your profit is directly tied to your fees. For instance, if you charge $1000 per client as a doula and incur $179 in expenses, your profit is $821. Despite these costs, there has never been a greater need for more doulas than there is now.

54. Sewing and Alterations

A sewing and alteration business provides clothing repair, custom tailoring, button replacement, and other alterations. Alterations are essential for size adjustments, repairs, and fitting clothes. You can start this business right from your home and save on rental costs. According to Startup101 individuals will need to spend $2,000 and $5,000 to get their business up and running.

This sector has a profit margin ranging from 15% to 40%. This means that for every dollar sold, the company can expect to pocket a significant amount of money. To give you a better idea, a 20% profit margin would translate to $0.20 in profit for every dollar in sales. Alterations by Phyllis says tailors can earn $1,000 to $4,000 a month doing clothing alterations.

55. Children’s Party Entertainment

A children’s party service handles organizing, managing, and running kids’ parties. Children’s party entertainment can be started with $2,000 in overhead costs. Side Hustle Nation reports that 47% of U.S. parents spend at least $500 on their child’s birthday party. This highlights parents’ spending habits and the market potential for children’s party entertainment.

A children’s party planner business owners can expect to make a median income of around $45,000 to $60,000 per year. Nathaniell from One More Cup of Coffee says children’s party entertainers earn $60,146. But he says that running your own business can allow you to make even more. Industry experts say successful business owners can earn $50,000 to $100,000+ annually.

56. Furniture Flipping

Furniture flipping is purchasing used pieces of furniture to resell them. The goal is to make them look like new again and then resell them for a profit. Flippers spend $100 as an initial investment that is usually spent on materials. They find free furniture at garage sales, thrift stores, or on Facebook Marketplace. According to reports, 68.7% of Americans are opting for second-hand home décor options to save money. 34% of this generation has purchased furniture or home goods from resale marketplaces. 

According to JungleScout, furniture flippers can double their selling price with quality refinishing. ShareTown’s data shows that you can earn from $500 to $10,000 per month flipping furniture. In an interview with Niche Pursuit, Ryan Cron shared that he earns $2,000 to $3,000 per month flipping furnitures. By working part-time, he made $400 a day, and when working full-time, his earnings reached up to $8,000 per month.

57. Handyman

A handyperson, also called a handyman or handywoman, is skilled in a variety of home repair, maintenance, and improvement tasks. ZenBusiness says starting a handyman business costs between $2,000 and $10,000. The demand for handyperson services is high. Approximately 80% of American households need these services at least once a year. Homeowners spend between $177 and $691 to hire a handyman.

Self-employed handymen can earn $53,000 to $120,000, according to Handyman Startup. Handymen’s earning potential comes from the many services they can offer. These services range from basic repairs to complex renovations and smart home installations. Tech platforms help business owners reach more customers and manage work.

58. Handmade Crafts

Handmade crafts involve creating and selling items made by hand or with minimal machinery. Fin Models Lab suggests that a handmade craft business can start with $2,000 to $10,000. Creative Hive Co advises to allocate 80% of the budget to business and marketing. A recent Pew survey found that 22% of U.S. adults have bought a handmade product online.

The holiday demand for these products can generate up to 25% of annual revenue for store owners. According to the U.S. Bureau of Labor Statistics, in 2021, craft and fine artists earned a median of $24.02 per hour. This amounts to an annual median income of $49,960. Whereas the annual revenue for US handmade craft businesses ranges from $10,000 to over $500,000. This business is ideal for crafters who want a career from their hobby.

59. Personal Training

Personal trainings are provided by fitness professionals to help clients reach their fitness goals. According to Durable, if you plan on training clients online or outside, startup costs can be close to $0. And training clients at a gym can cost between $500 and $1,500 per month. Trainers also need liability insurance that costs $100 to $400 annually. 31,100 more personal training jobs are expected to be added to the industry by 2026.

PTPioneer states that the average personal trainer salary is roughly $60,000 per year. Industry reports also shows that personal training businesses average $40,000 to $100,000 annually. You can scale your business via group coaching, online courses, and training coaches. You will also need effective promotion and relationship building to maximize profits.

60. Painting

A painting business covers indoor and outdoor home painting, including walls and decks. According Huckleberry the startup costs for a painting business range $2,000 to $35,000. But this depends on how you launch your business. A Sherwin-Williams survey showed 50% of respondents hire professional painters for hard-to-reach areas. 41% of homeowners believe it is best to entrust the task to professional painters. The U.S. painting and wallpaper business is expected to grow 2.3% annually through 2026.

National data shows that painting business owners makes 15% to 18% of their revenue. The average yearly income for a painting company owner in the is $76,000. But most successful entrepreneurs make over $1,000,000.

61. Property Management

Property management oversees residential, commercial, and industrial real estate. This includes tasks such as collecting rent, handling maintenance, and addressing tenant issues. Zarla reports it costs approximately $3,000.00 to start a property management company. 

Property management businesses has annual income of $75,000 and an average profit margin of 10.1 percent. Business Dojo states that the average monthly revenue falls between $10,000 and $200,000.

62. Jewelry Making

Jewelry making involves creating ornamental pieces using materials like stones to precious metals. Permanent Jewelry Center states that you will need to spend $1,650 and $6,000 to start your jewelry business. Remember to budget for ongoing costs like marketing, insurance, and employee salaries. ShipBob reports 49% of consumers prefer to buy their jewelry from small businesses. Statista’s data shows that a consumer spends $136 annually on jewelry. As a result, e-commerce now makes up 20% of all jewelry sales.

In the US, jewelry making businesses usually have profit margins of 40% to 60%. According to Salary a jewelry store owner can earn $227,675. But the average salary can fall between $199,183 and $267,092. E-commerce and social media have also opened up global market opportunities. This allows jewelry businesses to reach customers worldwide, without physical storefronts.

63. Makeup Artist

A makeup artist enhances and transforms appearance with makeup. They create looks for weddings, photo shoots, and theater performances. The startup costs for a makeup artist business are $2,000 to $5,000. MoonInvoice states that you can start as low as $8,000. You can expect to spend around $3,000 on a professional website and related costs. Advanced Dermatology found 1,003 people from around the U.S. spend $722 on their appearance each year. 

Professional makeup artists can make up to $134,750 per year. FinModelsLab reports that makeup artist business owners in the U.S. range from $40,000 to $120,000. The growth potential for this business is steady.

64. Bicycle Repair Service

A bicycle repair service focuses on fixing and maintaining bicycles.The minimum startup costs for a bicycle repair service can range between $62 and an average cost of $19,267.There’s a strong demand due to the popularity of cycling for commuting and fitness. It’s estimated that maintaining a bicycle costs about $350 per year. This reflects the increasing number of cyclists and their need for maintenance. 

Bike shop profits can range from 2% to 10% of total revenue. According to Salary website a bicycle repair technician earns $10 to $16 per hour. But bicycle repair shop owners can earn $50 per hour, as per Entrepreneur. And the average revenue for a bike shop per year is between $100,000 and $500,000.

65. Personal Shopping

Personal shoppers assist others by providing shopping advice and suggestions. StartUp101 reveals that the startup expenses for a personal shopper business can be as low as $2,000 or as high as $5,000. The growth rate for personal shoppers is projected to be 7-10% from 2018 to 2028, as stated by the U.S. Department of Labor.

Career resource site Zippia shows personal shoppers earn an average of $35,000. And if you work from home with 2 clients per week for 4 hours each, you can generate $50,000 in revenue. This would mean $45,000 in profit, assuming a 90% margin. As your brand gains recognition and you get referrals, sales could climb to four clients per week. With annual revenue of $100,000, you’d make a tidy profit of $90,000.

66. Tour Guide

A tour guide is provides extensive information, give trip recommendations, and answer questions from tourists. According to Xola, the startup cost for a tour company falls under $2,000. The BLS also reports that the demand for tourist guide services is expected to grow by 29% by 2030. It is expected that the US will need 13,200 tour guides over the next 10 years, due to growth and retirements.

The average salary for a tour guide in the United States is $32,323 per year, which is about $15.54 per hour. Depending on experience and location, salaries range from $18,000 to $55,000 annually.

67. Pet Sitting Service

Pet sitting involves caring for pets in their homes while owners are away. According to Time To Pet, starting a pet sitting business can cost as little as $500. This minimal startup includes essentials like business registration, a website, and basic supplies. Pet sitters also spend $1,000 to $5,000 annually on advertising and marketing. FinModelsLab shows the average profit margin for a pet sitting business is 15% to 45%.

According to Side Hustles, pet sitters earn $15+ per hour caring for cats, dogs, and other pets. Full-time pet sitting and dog walking business owners earn $30,000 to $40,000 yearly. Pet sitting is ideal for animal lovers looking for a low-investment service business.

68. Vintage Reselling

Vintage reselling involves sourcing and selling items over 20 years old. Based on Starter Story, you can start your own store with an initial investment of $300 to $5,000. You can source your items from thrift stores and sell them on platforms like eBay, Depop, and other vintage consignment stores. Gitnux specifies 70% of consumers are open to secondhand clothes for the environment. 

According to FinModelsLab, online vintage clothing stores can achieve profit margins of 20-30%. In the US, vintage clothing resale stores make between $250,000 and $500,000 a year. Vintage reseller need to find unique items, set low prices, and use good marketing to be profitable.

69. Home Cleaning

Home cleaning refers to tidying, sanitizing, and organizing the interior of a residence. GetJobber says that individuals need to spend $685 to start their cleaning business. But this might vary depending on how much supplies cost in your area. Professional cleaning services are used by 10% of U.S. households. 80% of dual-income families are likely to use such services in the future.

According to ZipRecruiter, an average cleaning business owner makes $55,949 a year. But some successful businesses can earn even more. For example, Molly Maid earns millions with over 450 outlets in nine countries. 

70. Older Adult Companion Care

Companion care is non-medical support for older adults, offering socialization and emotional support. This service helps seniors stay in their homes instead of moving to facilities. A senior home care business can be a “shoestring startup.” You only need a computer with internet access which only cost around $200. Senior Service Business says senior home care providers can earn $900 to $1000 weekly or $45,000 to $50,000 per year.

71. Baking

Baking is cooking food using dry heat using an oven. You can create a variety of baked goods like bread, pastries, cookies, and cakes. According to Zapier, a baking business has an overhead investment of under $1,000. Aspiring business owners will only need to buy ingredients, tools, and a menu of creations. Bakeries stand out in the food market by offering in-demand specialty delights.

According to Toast, the annual revenue for small bakeries lies between $325,000 and $450,000. The Restaurant CFO says skilled bakers can get a profit margin of 12% with $54,000 annual income. You could sell wedding cakes, cupcakes, and bread. Consider targeting niche markets like pet bakeries or movie-themed treats.

72. Candle Making

Candle making is the art of creating candles using various materials and techniques. You will need to spend about $1,000 to start a small candle business from home, as per Shopify. Common candle-making costs include equipment like double-boilers, pouring pots, and Mason jars. This business taps into the growing interest in aromatherapy and rising incomes in Asia and the Middle East. CandleScience says that customers, approximately 7 out of 10 households, use candles. 

As per Forbes, the average margin on a candle business is around 25% to 50%. But this can vary based on the cost of materials, shipping and your niche or target market. A small candle making shop earn a net income of $10,000 to $50,000 per year. Candleers says that new candle makers expect to earn $500 and $1,000 per month and work up to a higher income. 

73. Personal Chef

Personal chefs work independently and travel to prepare meals for different clients.  Virginia Stock Well states that you can start a small personal chef business with $500. According to Chefs for Seniors the startup expenses can go for $5,000-$10,000 for the first 3 months. Career Explorer states that the personal chef job market is expected to grow by 5.2% between 2016 and 2026.

Chefs of Seniors, chefs can charge $40-$100 per hour when executing the service. While those with a full slate of clients can earn $150,000 per year. And an average personal chef in the US makes $54,074, according to Comparably. This creates big chances for personal chefs to thrive in this industry.