How Much Money Do I Need To Start A New Business?
It doesn’t always require a massive amount of cash to start a new business. In fact, 25 percent of business owners need no dollar amount to start up and just over 32 percent of new business owners needed less than $5,000 to start or acquire their business.
Businesses such as housekeeping, gardening, internet retail sales, consulting services, daycare, handyman, or similar service industries may require little or no money to start-up yet have potential to grow into very prosperous companies. For example, Molly Maid Housecleaning Service is a multi-million dollar company with services expanding across the country. Molly Maid was started by cleaning just one home.