These Businesses Require Between $5,000 and $15,000 In Startup Costs
Description: You’re surfing the Web daily. Why not get paid for it?
Fees: $45 per hour to start. Increase your hourly rate as you develop your reputation.
Tools of the Trade: Computer and high-speed internet access.
Tip: Focus one or two types of information so that you can get deliver meaningful results quickly.
Hidden Costs: Initial marketing efforts.
Description: Call on the property owner and get to scrubbing.
Fees: $150-$300 per job. For longer jobs, $50 per hour is reasonable.
Tools of the Trade: cleaning chemicals, scrub brushes and possibly a power washer.
Tip: You’re working with nasty chemicals, so be careful. Abide by federal disposal regulations.
Hidden costs: A vehicle for transporting equipment to job sites.
Patient Gift Packager
Description: This is a slightly more specialized version of the gift basket business. Build your market by pinpointing hospitals, extended care facilities and church groups.
Fees: $25-$75 a basket.
Tools of the Trade: Decorative baskets, boxes, glue gun, shrink wrap machine, filling, ribbons. As for the basket contents, look for a private craft retailer that sells only to other vendors–you could save 40% relative to a traditional retail craft supply shop.
Tip: If you have a station wagon or van you can add a delivery fee to your orders and generate additional revenue.
Hidden Costs: Insurance and a vendor’s license.
Auto Swap Meet Promotion
Description: Auto swap meets are where buyers and sellers gather to buy, sell and/or trade used vehicles and parts. As a promoter, you’ll secure a parking lot or large warehouse for those seeking to trade or sell their cars and car parts.
Fees: $35 for participants; $5 admission fee for browsers.
Tools of the Trade: parking lot or warehouse.
Tip: Work the Web to get the word out.
Hidden Costs: Liability insurance.
Description: Begin with a personality assessment and then work with your client to match his or her motivations and interests to a new career.
Fees: $85 to $200 per hour for your services; flat fee, roughly $350 per session.
Tools of the Trade: Computer, high-speed internet access, fax/printer, and office software. Books and DVDs on career planning.
Tip: Build your credibility by offering seminars on career change and writing a career-centric blog.
Hidden Costs: Building a professional website.