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Is there any business that can be started with only 10k cash.

I wanted to start a small business with 10k only. I want to grow from there, any suggestion will be highly appreciated.

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Answers (7)
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I started my business with 11,000 in cash. I grew it up to $250,000 annual sales with annual profit of $60,000. It is honor box vending. email me at wesreitz@gmail.com if you want to hear more about it.

Jul 26, 2009
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there a lot of business that can be started in 10k start with homebase business and outsource your stuffs. here's how it goes. http://virtualadministrativeassistant.info/minicourse/index.html

Jul 23, 2009
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Hi-Tech Trading Group
Monmouth County, NJ

Qamar, You are buying someone elses failing business for $10k. If you email me I can point you to an opportunity that needs just $12k to start and it's internet based. I can be reached at bobf428@yahoo.com

Jul 22, 2009
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How to Buy a Business
WA

With only $10K, you are far better of investing it in a startup than you would be trying to buy a business. My earlier reply never appeared where I explained in greater detail that a startup can do a lot these days with that small sum especially if you know how to use the Net. If you are interested in the Net, shoot me an email and I will recommend some free resources. (I suspect me first reply got flagged because of the links I included.)

Jul 22, 2009
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How to Buy a Business
WA

With only $10K, your best best is starting your own business.

There are a lot of businesses you can start these days with $10K, especially if you take advantage of the Net. Columbia's Prof Amar Bhide, the best academic on entrepreneurship IMHO, classifies businesses into two basic categories. High capital and High Hustle. The first requires money to launch. The second simply requires a lot of hustle.

I belong to an community for people who operate online businesses. All of us started with shoestring budgets. Paul Graham has an incubator program which provides $10K in seed capital to startups. The results are amazing. Check out http://ycombinator.com/ and http://www.antiventurecapital.com/

Jul 22, 2009
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Hi. I have to agree with the last poster about how easy it would be to blow your money. I'm afraid the only way you could start a business with 10K, is if you purchased a business or franchise that offered you a chance at owner financing. Remember, you would still need to keep some cash on hand to have in case of emergencys. And, it's best to do something you have a real knowledge of, or interest in pursuing.

Please keep me in mind if you choose to go the way of purchasing a business with owner financing via a down payment. I can be reached by way of globalnerd@yahoo.com. Best of luck to you.
Angie

Jul 21, 2009
Salvatore B. Urso
Florida Business Acquisitions, Co.
FL

Qamar,

In my opinion, it takes much more to start any business. Make sure you count on operating capital to fund the business AND your family. I'm sure there are lots of scammers out there that will tell you it's easy. Be careful not to blow your $10K.

Jul 21, 2009

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