Affordable Businesses You Can Start Today

black owned business

Working a 9 to 5 isn't for everyone. For me, working at a company that didn't belong to me sucked my soul for years. Those with entrepreneurial aspirations find it hard to assimilate and dedicate their precious time to help build the dream of another person.

Fortunately, the Internet has given us thousands of ways to generate revenue, making the barriers to entry for entrepreneurship lower than they've ever been. Here are some of the cheapest businesses to start broken up by average starting cost.

What business can I start with 5k?

  • CRM Review Site

  • Virtual Event Planning

  • Eco-Friendly Product Store

  • Personal Wellness Coach

  • Remote IT Support

  • Online Cooking Classes

  • 3D Printing Services

  • Digital Marketing Agency

  • Home Organization Consultant

  • Mobile Car Wash and Detailing

  • Virtual Interior Design

  • Drone Photography

  • Subscription Box Service

  • Homemade Gourmet Pet Food

  • Online Language Tutoring

  • Educational App Development

  • Personal Finance Advisor

  • Custom Jewelry Making

  • Local Tour Guide Service

  • Handmade Crafts E-commerce

  • Freelance Graphic Design

  • Health and Fitness Blog

  • Mobile App Development

  • Online Fashion Boutique

  • Social Media Management

  • Urban Gardening Consultancy

Business Description Revenue model
CRM Review Site Take trials of and review CRM applications. All you need to get started is a Website, which you can calculate the cost of here and a Google Adsense account (this is free!). Affliate marketing, Google Adsense
Virtual Event Planning Organize and host virtual events like webinars and conferences. Service fees, Sponsorships
Eco-Friendly Product Store Sell sustainable and eco-friendly products online. E-commerce sales
Personal Wellness Coach Offer wellness coaching services online, focusing on mental, physical, and nutritional health. Consultation fees, Online courses
Remote IT Support Provide IT support and troubleshooting services remotely. Hourly fees, Service contracts
Online Cooking Classes Host cooking classes and tutorials online. Class fees, Subscription model
3D Printing Services Offer customized 3D printing services for various industries. Service fees, Product sales
Digital Marketing Agency Provide digital marketing services like SEO, social media, and content marketing. Service fees, Retainers
Home Organization Consultant Assist clients with decluttering and organizing their homes. Consultation fees, Product sales
Mobile Car Wash and Detailing Offer mobile car washing and detailing services. Service fees
Virtual Interior Design Provide interior design services through virtual consultations. Consultation fees, Commission on products
Drone Photography Offer aerial photography and videography services using drones. Service fees, Photo sales
Subscription Box Service Create and sell themed subscription boxes. Subscription model
Homemade Gourmet Pet Food Produce and sell homemade, gourmet pet food. E-commerce sales
Online Language Tutoring Provide language tutoring services online. Hourly fees, Course sales
Educational App Development Develop and market educational mobile applications. App sales, In-app purchases
Personal Finance Advisor Offer financial planning and advice services. Consultation fees, Subscription model
Custom Jewelry Making Design and sell custom-made jewelry. E-commerce sales
Local Tour Guide Service Provide guided tours in local areas. Service fees, Package deals
Handmade Crafts E-commerce Sell handmade crafts and artisanal products online. E-commerce sales
Freelance Graphic Design Offer graphic design services on a freelance basis. Project fees, Hourly rates
Health and Fitness Blog Create a blog focused on health and fitness tips and advice. Ad revenue, Affiliate marketing
Mobile App Development Develop mobile applications for clients or personal projects. Service fees, App sales
Online Fashion Boutique Run an online store selling fashionable clothing and accessories. E-commerce sales
Social Media Management Manage social media accounts for businesses and individuals. Monthly retainers, Service fees
Urban Gardening Consultancy Provide consultancy services for setting up urban gardens. Consultation fees, Workshop fees

Businesses to Start with 20k

If your pockets are a little deeper, here are some great 20k business ideas.

  • Mobile Coffee Cart

  • Small Fitness Studio

  • Boutique Clothing Store

  • Food Truck

  • Landscape Design Services

  • Professional Photography Studio

  • Home Renovation Services

  • Specialty Food Shop

  • Event Rental Supplies

  • Niche Subscription Box Service

Business Description Revenue model
Mobile Coffee Cart Operate a mobile coffee cart offering premium coffee and snacks. Sales, Catering services
Small Fitness Studio Open a small, specialized fitness studio offering classes or personal training. Membership fees, Class fees
Boutique Clothing Store Start a boutique store specializing in unique or designer clothing. E-commerce sales, In-store sales
Food Truck Launch a food truck serving gourmet street food. Sales, Event catering
Landscape Design Services Provide landscape design and maintenance services. Service fees, Project-based charges
Professional Photography Studio Open a photography studio offering various photography services. Service fees, Photo sales
Home Renovation Services Start a business offering home renovation and interior design services. Project fees, Consultation charges
Specialty Food Shop Run a specialty food shop with unique or locally-sourced products. Sales, Online orders
Event Rental Supplies Provide rental services for event supplies like decorations, furniture, etc. Rental fees, Service charges
Niche Subscription Box Service Create and sell subscription boxes focused on a specific niche or interest. Subscription model

Regardless of the business you choose, there is no time like the present to start. Your first steps will be the hardest and one of the toughest things about running a business is being consistent.

This is especially true if you start blogging or doing any kind of digital content. The best thing to do is make a schedule and stick to it! It doesn't matter if you're having a rough day, your wife yelled at you, or you've just watched season 8 of Game of Thrones. Keep working towards your goals and it'll pay off!

Matt Irving is the CEO of Super Easy Tech, LLC.
Matt is the CEO of Super Easy Tech and creator of Super Easy CRM. He is a passionate software engineer, tech blogger, and gamer. Feel free to connect on any of the platforms listed below.

Posted by: Matt Irving on 11/12/2023