Do you want to start a business but have limited funds to do that? relax, you are not alone, many people who have limited funds for their multi-million dollar ideas have the same issues but only a few were able o figure out how they would raise money to fund their business ideas.
Here we will get to see businesses you can start with 10k, this business has been tested and proving to be very lucrative if the right approach is applied.
- Poultry Business
- Real Estate Broker
- Fish Farming
- Snail Farming Business
- Perfume Oil Production Business
- Social Media Management
- Laundry services
- Agriculture Business
- Food and Restaurant Business
- Snacks Business
- Cloth Business
- Photography Business
- Phone Services and Repair Business
Read also: Businesses you can start with 50k
Listed above are the list of business you can start with 10k. When you have little funds with you, you should compromise to make things work out for you.
What Business Can I Start With 10k
The poultry farming business is one of the businesses that give good money if you really understand how to do it.
First, before you go into poultry farming, you need to first learn what livestock eat and how to feed them. You do not need to go to school to require knowledge about poultry farming.
Just a simple google search can teach you all you need to know, you may also include watching YouTube videos that talk about poultry farming.
Once you have farmland where you can start your poultry farm and have a source of water and source of power supply, you could start small and then grow as you go.
10k will be enough to start a poultry farm once you have understood the important steps to follow and how to manage funds in a business.
Read also: Businesses you can start with 80k
Real Estate Broker
As a real estate broker, your job is to help buy, sell, find and transfer properties to people.
Being a broker doesn’t need you to have your own house you would be selling, you can make with just helping those who want to transfer or sell their houses.
The work of a broker may be stressful sometimes but right now we are not focusing on the stress but rather on the profit we are to get from it.
When your business start growing must make improvements by employing people who would help you in your real estate broker business.
The first is one food that people love eating, providing fresh fish to those who live eating fish is a very big business that if done well, you won’t lack.
First farming is not that hard to start, you need to understand how fish feed and the type of food they eat to enable you to run a successful fish farming business.
Once you have found where you can start your fish business. 10k will be enough to run every other thing needed.
Before you start, you should make sure that you have a steady supply of clean water. Since it’s not moving water, you need to be changing the water after some days.
Mark research on the food fishes eats and how many times a day they should be fed, when you have gathered all this information you can now start your fish farming business.
Snail Farming Business
Snail farming business is another lucrative business you can start with 10k, snail is a simple animal that doesn’t require lots of care and food.
First, you must understand what snails eat and drink and how you can take care of the health Incas they get to seek. I have written a post on what snails eat and drink, you can find the post here.
Snails are always hot cakes in the market. apart from the fact it adds sweet and natural test to food, people love using them to prepare a delicious meal
Perfume Oil Production Business
The perfume industry has been booming industries for many years. As far as people love smelling good, you will keep making sales.
Before you start, make sure you have learnt how to make perform. You can seek help from people who know how the exact step and procedure of making good perfume and body oil.
Once you are unable to produce a performance that has a delightful smell, you will be making good sales. With 10k you can start producing perfume and oil which you in turn market to people using social media or in-person marketing.
Social Media Management
Though this business sometimes requires no money when you are working for someone, starting your own social media management firm will cost you some dollars.
10k will take you through starting your social media management company. This money should be invested carefully to avoid miss management of funds which may cost you a lot.
Once you have started your company, employ competent hands that can handle the company. Your employees should have skills in graphics designing, writing content, content reviews, video and photo editing and after effect.
This helps you take on any social management jo that may come to you. You should invest time into learning how to do those things listed above to enable maximum output.
Every single day, people bring their clothes to be washed by hose into the laundry business. Analyze your resident and see how many laundry shops you can find there.
If you can’t find an adequate amount of laundry services around you, you should open yours and start offering that service with competency.
10k will be enough for you to start a laundry business. As you start your laundry business, get better at the business and always ask for a review after you must have done laundry for someone.
At this age, people have to forgo how much they could make from agriculture. All their focus is on IT and Tech business plus buying and selling goods and services.
With 10k you can start your agriculture business where you produce all kinds of livestock and consumable crops.
You should have farmland, a source of steady water and an open field where you will allow your livestock to walk around to maintain their good health.
If you have no knowledge of how to start a farming business, check this post I have written in detail about how you can start your agricultural and gaming business.
Food and Restaurant Business
Having some money to start a restaurant business is not such a bad idea. Having knowledge of how to prepare a good meal should be revenue of achievement.
You should start a food and restaurant business no matter how little it may be. Starting small is not such as bad idea so far you know exactly where you are going and what you want to achieve.
First, get a good place and establish your restaurant, let people know what you do and prepare a nice meal that will impress them.
Serving your customers good food should be your number one priority, make sure you are doing that so well that they will always come back to patronize your cooking.
We live in a very busy world today, people who work in the office often relieve themself with snacks in the absence of cooked food.
Start making snacks today then market them in busy areas where there are offices. Starting this business doesn’t require much as far as you have the knowledge of what you are doing.
To succeed in this business, you should make sure you are really hard-working, produce a good snack daily and strive to sell all you have made for the day.
No one wants to eat an old snack, if you can learn how to preserve a snack to maintain the good test as a fresh one, that is a bus for you.
You can start a cloth business with 10k, though the money may not be enough to run a large clothing business starting small is the goal here.
Get those affordable clothes that people will always buy such as nightgowns, pajamas and belts.
These kinds of clothes can easily be sold, once you are done selling the one you have, be sure to restock and start making plans on how to utilize the small profit you are making.
A photography business needs lots of money to start but when you have limited funds, starting little shouldn’t be that bad.
Having a good camera and a well-decorated studio is the dream of every new photographer but when you don’t but have the passion to do some great, start from what you have and then work yourself up.
10k can get you started with some extra external helping hands from family ad trusted friends.
Phone Services and Repair Business
Phones and gadget repair shops do cost not as much as other types of businesses.
The most needed tools in this line of business are the ability to fix those devices, once you are confident enough that you can do that, you do not have any other thing to worry about.
The tools and machines use if fixing phones and other gadgets are not that costly and can be bought directly from China where you would get a very affordable one that can do the job
The above business will give you the result you want. However, you need to put in lots of work to make that happen.
No business can grow without the adequate amount of work needed to make that happen. You should invest time and money into any of these businesses you have chosen.