Best Business to Start with $100k | Ideas and Useful Tips (2023)

Owning a business, of course, requires financial investments. You can open a small business even if you have only a few thousand dollars in your pocket. And if your start-up capital is several hundred thousand, then the choice expands significantly.

It’s time to think globally and find out the best business to start with $100k.

There are many options for what kind of business you can do with $100k.

If you’re thinking about starting a business,this websiteis the perfect place to get started. They offertips and advice for starting a business, as well as a variety of resources to help you get started.

Excited? So, let’s start!

What are the Most Successful Small Businesses in 2022?

You may not believe it, but there are people who feel more comfortable having a small business, the profit from which will be enough for them.

(Video) Best Advice to Small Business Owners

Let us take a look at the best business to start with little money.

1. Auto Repair

Cars were, are, and will always be, they will always break down and fight on the roads, and what else is needed for a successful vision of your business. One issue has been resolved – a constant influx of customers will be ensured by “everyday life.”
If you don’t want to invest too much in the beginning and want to open a business under 100k, you can even repair cars in your garage or rent someone else’s.

2. Car Washing

Let’s continue the topic of cars. We will not tell you that you can wash them in your yard (everyone has buckets and rags, right?).
Having an impressive start-up capital and a good business plan with correct calculations, you can expect profit in 1-1.5 years, depending on the flow of clients.

3. Food Trucks

Cars will always break down, and people will always eat.
Therefore, if the question “Why are there no places to get a hotdog in this park?” is spinning in your head, then it’s time to open this place yourself.
This is, let’s say, a very cozy business.

4. Electronics Repairment

But this case is definitely suitable for your garage and is a business under $100,000. And no special materials or investments are required. The most important thing is to understand what you are doing and to provide yourself with advertising.

5. Delivery Services

It is your decision what you want to deliver, but the bottom line is that people are lazy and will always be happy if someone delivers them coffee/food /table from Ikea.
In addition, the pandemic has shown us that delivery services can be urgently and unpredictably needed.

Most Profitable Business to Start with 100k Online

When a person invests a lot of money in a business, he expects that his spending will pay off.
Let’s talk about those types of the best business to start with $100k that will bring you big profits.

(Video) 10 Tips for Starting your Own Business [ Must Watch ]

1. Cryptocurrency Trading

There are lots of ideas for starting a business with 200k in a crypto field, from developing the best multi-cryptocurrency wallet to usual trading on a cryptocurrency exchange.
This niche is very profitable but risky as well. That is why every step should be evaluated.

2. Web & mobile app development

With the world becoming more and more immersed in technology, apps are becoming more and more popular.
Apps have become the thing that helps companies differentiate themselves from the competition. Therefore, companies like MLSDev that specialize in custom software development will help develop a digital product that would bring you profit in the long term.

3. Launch your SEO agency

Now there are a lot of marketing agencies that deal with SMM, but SEO agencies – of high quality, are present rarely. The SEO agency Australia will also be a good business to start with 250k if you want to create something big and extraordinary.
Therefore, by having capital and understanding (or a person who understands) of this industry, you can safely open an agency and hire professional marketers.

4. Start a Digital Marketing Agency

Again, the more actively technologies develop, the greater is the demand for internet marketing of sites, social networks, and so on. That is why the experienced digital marketing agency is one of the best investments for $100 000.
Before opening such an agency, we advise you to calculate everything and decide on a strategy so that later you will not be overshadowed by your competitors.

5. Start an eCommerce Store

We would advise you to start an eCommerce business with some unique ideas because there are so many of them now.
If suddenly you find a supplier with goods that, for example, cannot be obtained in your country in ordinary stores, although there is a demand for it, and you know that this niche is not filled with competitors, then you can safely start.

6. Start an eCommerce Store

The idea is pretty easy – select a niche, choose an affiliate offer to promote, select the right traffic source and launch the campaign. Though, there’s a lot of hard work and persistence are left in the background. This guide to affiliate marketing for beginners will help you to get started.

Most Prominent $100k Business Ideas

We discussed the smartest small business ideas, about the best business to start with $100k, but we would also like to show you, you know, promising areas that are only gaining momentum but promise to be profitable in the future.
And these ones are good businesses to start in 2020.

(Video) 7 Tips to Start Small Scale Manufacturing | Business Ideas for Product Makers

1. Coffee Shop

Of course, coffee shops were popular before, but today coffee is not just a drink, but even a hype. And the more unique the coffee shop (names, cooking methods, desserts, or other features), the more customers there.
Therefore, if you have some kind of creative idea, then it’s time to order beans and a coffee machine.

2. Bakery Business

Due to the fast pace of life, especially in big cities, people often take something tasty to work to have a snack.
For example, donuts – everyone’s favorite.
By the way, a good option is to open a bakery that will only sell donuts. You only need to turn on your imagination and come up with a filling 🙂

3. Bookkeeping Services

Nowadays, most companies use accounting outsourcing, as it is much cheaper and of higher quality. Moreover, it does not overload its employees.
Therefore, if you have a couple of competent financiers and accountants and the opportunity to prove the quality of your work, then you can provide such services.

4. Event Planning

In this area, emotions, openness, imagination, and the ability to improvise are important. And if you have a bunch of unrealized ideas for the events in your head, then it’s even perfect.
For a start, you can organize events for relatives, friends, and acquaintances – this will give you experience and provide advertising.

5. Pet Business

Oh yes!

Grooming for dogs, clothes for dogs, toys for dogs, and even cafes for dogs have all become very popular, and this niche is still not completely filled.

Best Business to Start with $100K: 5 Step-Process

So, we’ve discussed 15 great 100k business ideas, and now is the time to tell you how to get started and what important steps you need to take.


1- Conduct research

Before investing your money in a business, you need to be sure that there is a demand for this product and that you can bring some new features to the market that will interest customers.
For this purpose, you need to conduct market research, and this will be your first step in any area.

2- Define the value proposition

Once you see that the product is in demand, you need to calculate all your expenses, see the approximate payback period and calculate the profitability.
We recommend hiring a specialist in these matters, so as not to miss something due to inexperience.

3- Develop a business plan

A business plan is a key part of any project. Here you take into account everything – expenses/income, strategies, target audience, and so on.
And the more detailed your plan is, the cooler it is for business development.

4- Cover the legal part of the business

This step is, in fact, optional – it depends on the direction in which your business will be built.
For seriousness and to avoid unpleasant situations, it is better to register your business right away.

5- Get the right resources

It is clear that you will not be able to develop your business on your own – you will need suppliers.
It is important to choose reliable suppliers (no matter what – products, furniture, or marketing services) so as not to incur losses, at least, but as a maximum, to find reliable partners for future cooperation.

Bottom Line: How to Start a Business with 100,000?

It won’t be easy.

And you must be ready for this from the very beginning.

(Video) How to Find Business Ideas - The Ultimate Guide (2021)

Having made the decision on business to start with 100k, you will take a step not only towards independence and the prospect of much higher income, but you will also have to understand that now the responsibility for everything that happens in your life lies only with you.

Now people with brilliant ideas run the world. If you have something on your mind, then don’t be shy to share it!

Who knows what people will like in 5 years?

Now that you have figured out what business would be good to start, you need to start thinkingabout setting up a plan and the operations build up. You need to be able to project how much money you’re going to get with all the overhead costs including the paychecks for the staff. If you need to create monthly pay stubs for your employees, you can turn to the online paystubs generator.


What are the top 5 most profitable businesses? ›

Most Profitable Business Ideas
  1. Business Consulting. If you're an expert in your industry and have been working at it for years, you should consider consulting. ...
  2. IT Support, Technology Consulting, and Repair. ...
  3. Cleaning Services. ...
  4. Accounting and Tax Preparation. ...
  5. Auto Repair. ...
  6. Real Estate.

Which bussiness is most profitable? ›

Let's get started!
  • Identifying the most profitable small businesses.
  • #1. Business Consulting.
  • #2. Real Estate Agents.
  • #3. Cleaning Services.
  • #4. Social Media Management.
  • #5. Creating Online Courses.
  • #6. Start a Small Business that Makes Candles or Soap.
  • #7. Payroll Services.
28 Oct 2022

What businesses are in highest demand? ›

40 in-demand business ideas for you to be your own boss in 2022
  • Business Ideas in the Food Industry.
  • Business Ideas in Arts and Crafts.
  • Business Ideas in Fashion.
  • Business Ideas in the Beauty Industry.
  • Business Ideas in Education.
  • Business Ideas in Sports.
  • Business ideas in the events industry.
1 Feb 2022

What business will always be needed? ›

Industries that will never go away are those that cater to basic human needs and thus have continued high demand. Food is considered one of the safest industries for investment and is comprised of diverse sectors including agriculture, ranching, processing, preservation, preparation, and packaging.

What is the fastest business to start? ›

6 Businesses That Make Money Right Away (In 1-3 Months or Less)
  • Freelance or Consulting.
  • Online Coaching.
  • Online Clothing Consignment.
  • Create Online Courses.
  • Start an Online Store (Ecommerce)
  • Starting a Saas Product or App (Beta) ...
  • Online Coaching. ...
  • Read More: How to Create an Online Course Like Foundr.
24 Aug 2022

What businesses make a lot of money? ›

  • Financial Services.
  • Eldercare.
  • Business Consultancy.
  • Investment Firm.
  • Education and Training Service.
  • Insurtech.
  • Cleaning Business.
  • Healthcare Consultancy.
11 May 2022

Which is the cheapest business to start? ›

If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.
  1. Content creation. ...
  2. Personal or virtual assistant. ...
  3. Event planning services. ...
  4. Errand/concierge service. ...
  5. Professional reviewer. ...
  6. Social media consultant. ...
  7. Etsy shop. ...
  8. Online courses and tutoring.

What are the top 10 most successful businesses? ›

Top 10 most successful businesses to start
  • Social media management. ...
  • Cleaning service. ...
  • Business consulting. ...
  • Copywriting. ...
  • Graphic design. ...
  • Real estate brokers. ...
  • Online courses. ...
  • Pet services. For those who love our furry friends, starting a pet service business may sound like a dream job.
4 Mar 2022

Which startup is the most profitable? ›

Top Profitable Startup Ideas
  1. Online Courses. In the past year alone, with more people at home than ever, online courses have seen a huge increase in enrollment. ...
  2. Social Media Consulting. ...
  3. Web Design. ...
  4. Logo Design. ...
  5. Delivery Service. ...
  6. Cleaning Business. ...
  7. Business Consulting. ...
  8. Health and Wellness Business.
15 Sept 2022

What industry will boom in 2022? ›

Global Fastest Growing Industries in 2022
  • Global Airport Operation. 2022-2023 Revenue Growth: 47.2% ...
  • Global Hotels & Resorts. ...
  • Global Travel Agency Services. ...
  • Global Tourism. ...
  • Global Airlines. ...
  • Global Casinos & Online Gambling. ...
  • Global Commercial Aircraft Manufacturing. ...
  • Global Semiconductor & Electronic Parts Manufacturing.

Which business will boom in future? ›

It is predicted that businesses that are based on collaborative economy models will enjoy immense success in the next few years. Some good examples are Airbnb, Uber, Ola and Lyft. These types of businesses not only help the final customers, but also assist the service providers and ultimately make commissions.

What small companies grow fast? ›

Fast growing small companies
S.No.NameNP Qtr Rs.Cr.
1.Sandur Manganese21.91
3.Hil Ltd6.69
4.JMC Projects46.51
22 more rows

What businesses are hot now? ›

Here is the list f selected hot business opportunities with good profit potential:
  • Start a Blog. You can choose to start a blog of your own on a niche topic. ...
  • Online Social Media Consultancy. ...
  • Web Designing. ...
  • Freelance Bookkeeping. ...
  • Graphic Designing Services. ...
  • Online Editing Services. ...
  • Freelance Writing. ...
  • Email Marketing Services.

What products will be in high demand 2022? ›

12 high-demand trending products and niches of 2022
  • Clothing. The clothing industry is a big business, valued at $12 billion. ...
  • Skin care and beauty. Skin care and beauty products are having a moment. ...
  • Shoes. ...
  • Cleaning products. ...
  • Items for pets. ...
  • Coffee products. ...
  • Toys. ...
  • Subscription orders.
19 Oct 2022

What products will always be in demand? ›

There are many profitable products you can sell, including the following:
  • Beauty products and cosmetics.
  • Jewelry.
  • TV and smartphone accessories.
  • Designer sunglasses.
  • Children's toys and games.
  • Shoes.
  • Video games.
  • Pet supplies.

What industry is in high demand? ›

Computer and information technology occupations remain in our top in-demand industries from 2021 into 2022. These jobs are expected to grow 13% from 2020 to 2030, which is higher than last year's growth rate of 11%.

What businesses are most likely to fail? ›

Business failure rate across industries
IndustryBusiness failure rate within 1 yearBusiness failure rate after 10 years
Health care and social assistance14.1%60.8%
Retail trade12.4%60.6%
Agriculture, forestry, fishing and hunting12.3%48.1%
15 more rows
2 May 2022

What can I sell to make quick money? ›

What Can You Sell to Make Money Fast?
  • Old clothes. If you're looking for things to sell to make quick cash, your clothes just might top the list. ...
  • Sneakers. Have some cool sneakers you want to get rid of? ...
  • Jewelry. ...
  • Watches. ...
  • Your wedding dress. ...
  • Baby items. ...
  • Home décor items. ...
  • Holiday decorations.
5 days ago

What is the best business to invest in 2022? ›

The 15 Best Businesses to Start in 2022
  1. Ecommerce Store. Ecommerce experienced a massive boom due to the COVID-19 pandemic. ...
  2. Consulting. ...
  3. Online Course. ...
  4. Graphic Design. ...
  5. Digital Marketing. ...
  6. Cleaning Service. ...
  7. Affiliate Marketing. ...
  8. Dropshipping.
22 Aug 2022

What is the most basic business? ›

Sole Proprietorship

A sole proprietorship is the most basic – and easiest – type of business to establish. There's no distinction between the business and you, the owner. You're entitled to all profits and are responsible for all your business's debts, losses and liabilities.

How do I start a business with nothing? ›

How to Start a Startup
  1. Make a business plan.
  2. Secure funding.
  3. Surround yourself with the right people.
  4. Follow the right legal procedures.
  5. Establish a location.
  6. Develop a marketing plan.
  7. Build your customer base.
  8. Plan to change.

How can I become a millionaire in 5 years? ›

9 Steps To Become a Millionaire in 5 Years (or Less)
  1. Create a Plan.
  2. Employer Contributions.
  3. Ask for a Raise.
  4. Save.
  5. Income Streams.
  6. Eliminate Debt.
  7. Invest.
  8. Improve Your Skills.
5 Sept 2022

What's the easiest business to make money? ›

Check out our top money making small business ideas below.
  1. Proofreading Services. ...
  2. Social Media Manager. ...
  3. Podcast Producer or Editor. ...
  4. Graphic Designer. ...
  5. Travel Agent. ...
  6. Career or Life Coach. ...
  7. Food Delivery Services. ...
  8. Furniture Maker.
17 Feb 2020

What businesses Can I start for free? ›

26 Businesses You Can Start for Free
  • Blogging. While not a new concept, monetized blogging is always a popular option for an essentially no-cost business. ...
  • In-home child care. ...
  • In-home dog care. ...
  • Pet services. ...
  • Dog training. ...
  • Freelance writing. ...
  • Freelance editing. ...
  • Resume building.

What businesses make money fast? ›

6 Businesses That Make Money Right Away (In 1-3 Months or Less)
  • Freelance or Consulting.
  • Online Coaching.
  • Online Clothing Consignment.
  • Create Online Courses.
  • Start an Online Store (Ecommerce)
  • Starting a Saas Product or App (Beta)
24 Aug 2022

What are the top 10 successful businesses? ›

Top 10 most successful businesses to start
  • Social media management. ...
  • Cleaning service. ...
  • Business consulting. ...
  • Copywriting. ...
  • Graphic design. ...
  • Real estate brokers. ...
  • Online courses. ...
  • Pet services. For those who love our furry friends, starting a pet service business may sound like a dream job.
4 Mar 2022

What is the most profitable business 2022? ›

What's the Most Profitable Business to Start in 2022?
  1. 22 Profitable Businesses to Start in 2022. ...
  2. Ecommerce Business. ...
  3. Dropshipping Business. ...
  4. Vacation or Home Rental. ...
  5. Online Courses. ...
  6. Bookkeeping or Accounting Services. ...
  7. Graphic Design Business. ...
  8. Digital Agency.
15 Aug 2022

How can I be a millionaire in 5 years? ›

9 Steps To Become a Millionaire in 5 Years (or Less)
  1. Create a Plan.
  2. Employer Contributions.
  3. Ask for a Raise.
  4. Save.
  5. Income Streams.
  6. Eliminate Debt.
  7. Invest.
  8. Improve Your Skills.
5 Sept 2022

What businesses are needed right now? ›

The Most In-Demand Small Business Ideas to Consider When Starting Your Business
  • Social Media Consulting. ...
  • Senior Care Services. ...
  • Smart Product Development. ...
  • Organic Beauty Products. ...
  • Healthy Fast Food. ...
  • Healthcare Consulting. ...
  • Crowdfunding Consulting. ...
  • Wheelchair Repair.

Who is World No 1 business? ›

For instance, the largest company by market cap is Apple, while in terms of revenue, American multinational retailer Walmart ranks as the largest company in the world. Here are the world's top 10 companies by their market cap as of 2nd September 2022.

What is the hottest business to start? ›

Here is the list f selected hot business opportunities with good profit potential:
  • Start a Blog. You can choose to start a blog of your own on a niche topic. ...
  • Web Designing. ...
  • Freelance Bookkeeping. ...
  • Graphic Designing Services. ...
  • Freelance Writing. ...
  • Online SEO Consultancy. ...
  • E-commerce Business. ...
  • Smartphone Repair Services.


1. Start a Handyman Business / Top 5 Tips
(The Handyman Journey)
2. Small Business Tips: 10 Top Trending Ideas For Small Business Owners
(Grow By Joe)
3. How To Decide Which Business To Start | Entrepreneur Advice 2022
(Wilson K Lee - How To Open A Restaurant / F&B Shop)
(Business with Zander )
(Electronic Secret)
6. Mark Cuban - 10 Minutes Of Amazing Business Advice
(Bite Size Biz)
Top Articles
Latest Posts
Article information

Author: Fredrick Kertzmann

Last Updated: 02/19/2023

Views: 6306

Rating: 4.6 / 5 (66 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Fredrick Kertzmann

Birthday: 2000-04-29

Address: Apt. 203 613 Huels Gateway, Ralphtown, LA 40204

Phone: +2135150832870

Job: Regional Design Producer

Hobby: Nordic skating, Lacemaking, Mountain biking, Rowing, Gardening, Water sports, role-playing games

Introduction: My name is Fredrick Kertzmann, I am a gleaming, encouraging, inexpensive, thankful, tender, quaint, precious person who loves writing and wants to share my knowledge and understanding with you.