How to start any kind of business with just $1,000?

[Passiveearner]

I wish to start a business by investing a small amount of money. I really hope that there could be certain kinds of businesses that I might be able to start just by investing a really small amount of money. $1,000 is not at all a huge amount of money at all. So, how to start a business with that amount?

 

[Shavkat]

For me, I will just keep it with time deposit in a bank. Then, I will take time to think what business should be suitable for me to startup with this amount of money.

 

[cherry123]

it is to have a business plan in place. Then look for a business you can start with this and go ahead with it

 

[SHAHID987]

For me here 1000$ is very reasonable amount to start, many business as even I can start a medical store with it. After long experience I realize that we must start business with good capital lest it becomes very difficult to get success in it.

 

[hastral45]

Starting business with that kind of money require financial ass from experts. If not, you could just waste everything.

 

[uptrendfinancialsignal]

$1000 in big money in my country and with that amount of money, you can still establish a reasonable business offline.

 

[eldavis]

If you are having a thousand dollars as your startup capital, i think the first thing to do is to decide on what you want to do then create a business plan for it.

 

[cherry123]

This depends on the country you are but $1000 is big money in my country Nigeria and with that amount of money, you can start a fish selling business here

 

[freelancermaria]

Starting a business with $1000 is a great opportunity. If you have baking skills, you could consider running a home-based business like a small eatery or selling homemade baked goods. Another option is to launch a dropshipping business.

 

[IB D]

A capital of $1000 is enough to start a standard bakery and get all the licenses that are involved.