Difficulty level: Moderate
Posted: Mon Dec 23, 2024 3:03 am
Photography companies can take many different forms. It could be as simple as you and your camera, where you take photos of people at their chosen locations. Alternatively, you could set up a whole photography studio with multiple photographers and plenty of advanced equipment.
The former is pretty easy as long as you have a knack for photography, though the latter is obviously much more expensive and complicated. The exact setup of your business depends on your needs, skills, and budget.
9. Pet grooming business
Difficulty level: Moderate
Do you love dogs so much that you want to philippines phone number example
spend every day around them? If so, dog grooming might be for you, especially since starting a grooming business costs less than $10K.
In terms of financial investment, all you need are some grooming tools. You may also choose to buy a salon location for your business, though you could do it from your home if you wanted. However, it’s important to have grooming expertise before starting a business.
10. Consulting firm
Another one of the most profitable businesses to start with $10K is a consulting firm. Financially speaking, starting a consulting firm isn’t too difficult. After all, you don’t need tons of advanced equipment to get the job done—at most, you may need a few tools to help with conducting audits, depending on which industry you choose.
The real challenge, though, is in being qualified. If you want to start a consulting business, you need to have highly advanced knowledge of the industry you specialize in. That’s kind of the whole point of your services! If you hire additional consultants, you’ll also need to verify their expertise.
11. Franchising (Limited)
Difficulty level: Moderate-High
If you want to franchise a popular chain store or restaurant, your initial investment will likely be well over $10K.
But there are plenty of established businesses in lucrative, but relatively unknown industries that cost under $10,000 to franchise. For example, some janitorial services chains are affordable to start franchising, and can prove to be highly profitable if you choose the right location.
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The former is pretty easy as long as you have a knack for photography, though the latter is obviously much more expensive and complicated. The exact setup of your business depends on your needs, skills, and budget.
9. Pet grooming business
Difficulty level: Moderate
Do you love dogs so much that you want to philippines phone number example
spend every day around them? If so, dog grooming might be for you, especially since starting a grooming business costs less than $10K.
In terms of financial investment, all you need are some grooming tools. You may also choose to buy a salon location for your business, though you could do it from your home if you wanted. However, it’s important to have grooming expertise before starting a business.
10. Consulting firm
Another one of the most profitable businesses to start with $10K is a consulting firm. Financially speaking, starting a consulting firm isn’t too difficult. After all, you don’t need tons of advanced equipment to get the job done—at most, you may need a few tools to help with conducting audits, depending on which industry you choose.
The real challenge, though, is in being qualified. If you want to start a consulting business, you need to have highly advanced knowledge of the industry you specialize in. That’s kind of the whole point of your services! If you hire additional consultants, you’ll also need to verify their expertise.
11. Franchising (Limited)
Difficulty level: Moderate-High
If you want to franchise a popular chain store or restaurant, your initial investment will likely be well over $10K.
But there are plenty of established businesses in lucrative, but relatively unknown industries that cost under $10,000 to franchise. For example, some janitorial services chains are affordable to start franchising, and can prove to be highly profitable if you choose the right location.
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