Business Entrepreneurship Online

30 Businesses Entrepreneurs Can Start For $5000 Or Less

CR Staff - May 23, 2023

30 Businesses Entrepreneurs Can Start For $5000 Or Less
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5. Bicycle Rentals

If you were wondering why bicycle renting is such a famous line of work, ecology is your answer. That’s right, an increased awareness level due to climate changes has caused bicycle purchases, production, and renting to skyrocket. You don’t have the money to join the production business, but you can earn a hefty sum from renting out bicycles. And this is precisely where increased production will suit you and help you with gaining even more funds. The key action here is buying used bikes. You will conduct business in a simple, but effective manner.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
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There are lots of sites that specialize in allowing owners are selling their used bicycles. Because people are impatient and want to gain money as soon as possible, they sell perfectly good bicycles for small amounts of money. By buying these bikes and fixing them up, you gain back the value of every bike after just three rents! Many exchange students do this in foreign countries to earn some extra money. It’s unregulated and easy to master.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
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4. Essential Oils and Soaps Making

Since more and more people are turning to natural hygiene products, running an essential oil and soap production company is a great idea. Most of these products can be made with a quite simple production process. You can even find guides online, depicting how to turn plants and other natural products into oils and hygiene products. If you’re looking to start a business with less than $5000, you will find this easy business venture a clear choice to follow. It takes a lot of work and knowledge, but it pays well.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
Photo Credit: Shutterstock

Aside from specializing in the production of these soaps, you will have to organize a good delivery system. More and more cosmetics startups and even big corporations operate on an online-only basis. Physical stores are a thing of a past, and more and more people are using this opportunity to start a business with minimal investments. Ordering the ingredients in bulk can be much cheaper, and you can use your kitchen as a lab.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
Photo Credit: Shutterstock

3. Mobile DJ

Do you listen to music and know a lot about a genre or two? If yes, there is an excellent opportunity to capitalize on your knowledge. Different people like different kinds of music and they’ll want to organize parties and enjoy music. If you are a professional DJ and master the skill of using a console, there will no limits as to how much can you earn. All the software you need is available online, as well as the equipment that’s necessary.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
Photo Credit: Shutterstock

Programs like Traktor, Scratch, Ableton, and others provide you with all the controls needed to mix songs and play music at a party. With only a small investment in a quality mixer, you can work as a DJ for hire. You will be invited to play and paid a hefty sum. A good part of working as a mobile DJ is that there will be people willing to pay a lot of money to play a particular song.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
Photo Credit: Shutterstock

2. Photographer

The art of catching the moment is an excellent way to earn some extra money and travel the world. Photography is not only popular from a fame-only standpoint, but it also allows you to see other opportunities for further work. A good example of starting to be a professional photographer would be selling your photos via stock sites and Flickr. You only have to make sure that there are not brands visible on the photos and people will be interested in buying them for further use.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
Photo Credit: Shutterstock

As more and more people buy your work, your Instagram and Facebook content will gain popularity, and you’ll earn money. You can invest it in traveling and taking even more beautiful photos, as well as buying new lenses, tripods, and accessories. Purchasing a mid-level camera is enough, and it costs much less than $5000. Not only does photography earn you a fantastic amount of money, but you’ll be able to travel everywhere.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
Photo Credit: Shutterstock

1. Cake Baking & Decorating

If you even have the basics of baking, you will be able to turn it into something much more with just hard work. Cake baking is a skill that can be mastered in only a few weeks, with the expenses not reaching more than a few hundred dollars. It’s a far cry from $5000, which may pose as a limit for a “cheap investment.” Decorating is the next step, and you’ll reach a level when people begin to notice you.

30 Businesses Entrepreneurs Can Start For $5000 Or Less
Photo Credit: Shutterstock

Through social media promotion, you will be able to field orders for different festivities, occasions and in different sizes. People love their cakes decorates, as they end up being valuable memories that mark people’s lives. It’s a worthwhile investment that can end up being a high flourishing business.

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