$20,000 is more than enough money to get started and build a legitimate business. Your highest cost will be marketing, but you'll probably want to invest in some type of credentials to present proof you're offering a legitimate service.
What should I do with 20K?
- Invest with a robo-advisor.
- Invest with a broker.
- Do a 401(k) swap.
- Invest in real estate.
- Build a well-rounded portfolio.
- Put the money in a savings account.
- Try out peer-to-peer lending.
- Start your own business.
What business can I start with just 10k?
- A Small Nest Egg Can Create Big Opportunities.
- QUIZ: WHAT BUSINESS IS BEST FOR YOU?
- Import/Export Business.
- Online Store.
- Framing Business.
- Senior Care Business.
- Hauling Service.
- Home Staging Business.
What are the most successful small businesses?
- Shared home improvement equipment.
- Academics courses.
- Courses in other hobbies.
- Bookkeeping and accounting.
- Consulting.
- Graphic design.
- Social media management.
- Virtual assistant services. Finally, last on our list of the most profitable small businesses: virtual assistant services.
What is the cheapest franchise to buy into?
- Cruise Planners. Franchise fee: $10,995.
- Fit4Mom. Franchise fee: $5,495 to $10,495.
- Chem-Dry. Franchise fee: $23,500.
- Jazzercise. Franchise fee: $1,250.
- Stratus Building Solutions.
- SuperGlass Windshield Repair.
- Mosquito Squad.
- Pillar to Post Home Inspectors.
- Dream Vacations. If you've got a passion for travel, why not turn it into a lucrative business?
- Mosquito Minus. Another affordable franchise for under $20K is Mosquito Minus.
- Ambit Energy.
- America's Tax Office.
- Java Dave's Coffee.
- ClaimTek.
- Jazzercise.
- Maid Simple.
What is the most profitable franchise to own?
What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.Jan 3, 2022
What small business turns the most profit?
- Cleaning services.
- Bookkeeping and accounting.
- Business consulting.
- Tutoring services.
- Home improvement.
- Personal training.
- Kids' activities.
- Virtual assistant services.
What are the top 10 most profitable small businesses?
- Print-on-demand.
- Coffee subscriptions.
- Landscaping and gardening.
- Furniture.
- Web design.
- Online advertising.
- Social media management.
- Cleaning.
What is the most profitable business to start in 2020?
- Handymen or handywomen. The number of people who know how to repair things around the house is dwindling.
- Online education.
- Tutoring.
- Real estate agency.
- Child-oriented businesses.
- Dental offices.
- Gardening and landscaping.
- Information technology (IT) support.