Quick Answer: What is a good business to start with 50k?

Is 50000 enough to start a business?

These days, $50k in capital is more than enough to start a number of great business opportunities. … You could turn around a failing business or buy an already-profitable one. Local chambers of commerce and the US Small Business Association (SBA) can help connect you with business owners who want to sell.

What is a profitable business to start with 50k?

Below are businesses to start with 50k in Kenya as your capital:

  • Movie Shop. The huge demand of Tv shows create a great niche for setting up a movie shop for the locals in rural areas. …
  • Hardware Store. …
  • Mobile Money Agent. …
  • Farming. …
  • Milk Bar. …
  • Car Wash. …
  • Professional Cleaning Business. …
  • Boda Boda Business.

What are the most successful small businesses?

Most profitable small businesses

  1. Auto repair. Taking a car to the shop for even simple repairs can be a challenge. …
  2. Food trucks. …
  3. Car wash services. …
  4. Electronics repair. …
  5. IT support. …
  6. Personal trainers. …
  7. Newborn and post-pregnancy services. …
  8. Enrichment activities for children.
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What kind of business should I open in 2020?

If you’re ready to run your own business, consider any of these great business ideas.

  • Consultant. Source: Kerkez / Getty Images. …
  • Online reseller. Source: ijeab / Getty Images. …
  • Online teaching. Source: fizkes / Getty Images. …
  • Online bookkeeping. …
  • Medical courier service. …
  • App developer. …
  • Transcription service. …
  • Professional organizer.

How can I make money with 50k?

Here are ten ways to invest 50k.

  1. Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor. …
  2. Individual Stocks. Individual stocks represent an investment in a single company. …
  3. Real Estate. …
  4. Individual Bonds. …
  5. Mutual Funds. …
  6. ETFs. …
  7. CDs. …
  8. Invest in Your Retirement.

Is 20000 enough to start a business?

$20,000 is more than enough money to get started and build a legitimate business. Your highest cost will be marketing, but you’ll probably want to invest in some type of credentials to present proof you’re offering a legitimate service.

What business can you open with 10 000?

15 Businesses You Can Start for $10,000 or Less

  • Day care owner. Image credit: monkeybusinessimages / Getty Images. …
  • Court transcript proofreader. Image credit: racorn / Shutterstock.com. …
  • Real estate agent. Image credit: goodluz / Shutterstock.com. …
  • Natural childbirth educator. …
  • Blogger. …
  • Virtual Assistant. …
  • Dog walker and sitter.

Which job can I start with 20K?

Here is a list of businesses to start with 20K in Kenya:

  • Pedicure/Manicure business. …
  • Selling Fresh fruits and Juice. …
  • Selling Women Handbags. …
  • Selling Second Hand Clothes/ Mitumba. …
  • Businesses to Start in Kenya – Selling new Shoes. …
  • Car Wash Business. …
  • A ladies Beauty Shop. …
  • Smokies and Boiled eggs business.
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What is a good business to start with 100k?

11 Businesses That You Can Start With 100k in 2021

  • Auto Repair. As long as cars and bikes exist in the world, it is a given that there will be a need for regular maintenance and repair. …
  • Electronics. …
  • Delivery Services. …
  • Cab and Ride Booking Services. …
  • Food Truck. …
  • Digital Marketing Agency. …
  • Job Consultancy. …
  • Online Store.

What business can I start with 40k?

Business opportunities available for $40,000 and less:

  • Time To Eat Delivery. For $55,000 you can have your own corporate grocery and restaurant delivery business. …
  • Commercial Capital Training Group. …
  • Sure Step. …
  • Sam The Concrete Man. …
  • The Lending Network. …
  • Pure Gold Group INC. …
  • Passive CBD Vending. …
  • American Business Systems.

What is the hottest business to start?

15 Hot New Small Business Ideas to Start in 2021

  • #1. Online Publisher.
  • #2. Content Agency.
  • #3. Digital Marketing Firm.
  • #4. Bookkeeping.
  • #5. E-Commerce Company.
  • #6. Web Design.
  • #7. Sell Hand-Crafted Items on Etsy.
  • #8. Flip Items for a Profit.

What is the easiest business to start?

15 Easy Businesses to Start

  • Event Planning. …
  • Gardening and Landscaping Services. …
  • DJing. …
  • Painting. …
  • Yoga Instruction. …
  • Local Tour Guide. Image (c) Zero Creatives / Getty Images. …
  • Tutoring. Tutor helping one of her students. …
  • You Don’t Need Much Money But You Do Need… Couple running small gardening business.

What services are in high demand?

What Are the Most In-Demand Business Services?

  1. Accounting and tax advice. The Bureau of Labor Statistics projects that demand for accounting is going to grow at a rate of 11 percent, faster than average, through 2024. …
  2. Consulting. …
  3. Legal. …
  4. Marketing. …
  5. Web and app design. …
  6. Recruiting. …
  7. Writing and translating.
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