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

28. Painting

You will love this business if you don’t mind getting a bit dirty. Painting is one of the businesses that are always in high demand. Most buildings require painting and these can be either residential homes or commercial buildings. There is always a job available for skilled painters. The painting job has two categories which are interior and exterior painters. If you already know the painting work then it will good for you. The business will just need few tools to start-off and you can get high-quality ones for just a small amount. A good place to start your business is by targeting the residential homes, new construction sites, and business places for commercial painting. Mind you, it is involving and you will have to network with the right people when you launch the business. A lot of marketing will do good to your business through advertisements in your local newspaper and flyers. You can distribute your flyers in the hardware shops where building materials are sold.

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

Remember, this is a high energy work that requires a lot of standing. The risks are mainly exposure to strong paint fumes. The overheads are around $2,000 that includes mostly drop cloths, a ladder, and edges. You may need to get high-grade paintbrushes that should be durable. Marketing and advertising will take a greater part of your budget. In most areas, they need a license and liability insurance and that has to be taken into account. Taking everything into mind, the biggest investment is your time to attract clients to your business. The return on this investment can be worthwhile. Additional services can be incorporated as the business grows such as pressure washing. Don’t forget to get the extra help that will be needed including the skilled painters, vehicles, and drivers.

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