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Forum nameBiz Ideas
Topic subjectRE: $5000 Business Ideas??
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=103&topic_id=249&mesg_id=259
259, RE: $5000 Business Ideas??
Posted by DBeavers, Mon Oct-16-06 03:32 PM
>Hi all,
>
>I have an extra 5 grand that I am trying to utilize to the
>best of my abilities. Does anyone have ideas for a business I
>could engage in. Some low-cost start-up initiatives?????

There are lots of businesses, including business opportunitites that you can start for $500 or less. So why not but a $4000 CD, bank the rest, and use it to start a new business.

That way, if you lose on the business, you haven't lost the entire $5000.

I started my business over 22 years ago, with less than $100, so I know you could easily start in this biz with $500 or less.

But, finding a business that you have some passion for, will help you get through the difficulties that come during any start-up. It's a whole lot easier to quit something if you have no passion for it.

It sounds like you have some business background, so use your strengths when choosing and starting your business. Your weak points can often be addressed by contraction with someone else to handle those areas.

Good luck in whatever you choose.

Dennis