30 Businesses Entrepreneurs Can Start For $5000 Or Less

30 Businesses Entrepreneurs Can Start For $5000 Or Less

HC Staff - May 23, 2023

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

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
Photo Credit: Shutterstock

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.

Advertisement