An Idea for a Small Business You Can Start

Start-up costs range $50 to $500,000+, earnings $5,000 to $2,000,000++, skills from knowing nothing to running an airline. Bon appetit!


Start-up cost: $400 - $800, not counting the funds used for the investment, which will come from members.

Potential earnings: $5,000 - $20,000 per year with one club; $25,000 - $100,000+ per year with five clubs, depending on club size and number of members.

Advertising: Run small classified ads in newspapers and magazines, and on the Internet.

Equipment needed: Desk, phone, typewriter, fax, PC, modem.

Run a club that invests in selected items for the benefit of the club members. Most investment clubs invest in only one class of item such as stocks or bonds, real estate, etc. People become club members to pool their resources and get expert advice on the class of assets they're buying. You run the club from your home and receive a fee for your work. And you can also invest with other club members to build a future profit for yourself. Since you need not spend more than a few minutes each day on the club's business, you can take on a number of clubs and become their manager.

Excerpted with permission from "199 Great Home Businesses You Can Start (and Succeed In) for Under $1,000" by Tyler G. Hicks. Published by Prima Publishing. For more on this and 198 other great businesses you can start, Buy the book now or ask for it at your favorite bookstore. You can also call (800) 632-8676

Ideas for a Small Business You Can Start Classics