If you want to run a small business, how much should it cost?

[Saqib Ajmal]

Today I was sitting and thinking that I have my own business in which I can benefit but I don't know Which business would be most profitable and which one would be the most profitable for me?

 

[joy101]

It depends on the kinds of business you want to start, no business is small no business depends on the plan you make, you also know what you have save out

 

[Naz Noshin]

Today I was sitting and thinking that I have my own business in which I can benefit but I don't know Which business would be most profitable and which one would be the most profitable for me?

Check demand of the area or city in which you want to start your business. Because if you stay a business of such products which people don't want to use then this business ll not give you profit but you ll get loss. So first check demand and then plan to start it.

 

[salman Royy]

I think you start with a small business and you get the most out of it. If you want to do business, partner with someone and do business together. Business should always start with small business because there is experience and business is good for us.

 

[Ralphjoe]

It depends on the size of the small business that you are talking about, if it's the very small kind, then you need a small amount to start it up. If its the moderately small then it requires a different capital budget for it. I can't put a number to it because you didn't mention the name of the business you want to set up.

 

[Seun4luv]

If you want to run a small business how much will it cost? Well to my knowledge and understanding it's all depends on the business you want to do and your financial capability. You plan with your present financial stability.

 

[Presido]

Small businesses are in divers way,you can use a huge amount of capital capable of starting a large scale business to start a small scale business and this will still be more productive

 

[Dylinks]

Having a business idea in my mind is a great thing. You must first of all, scan through your environment for the pressing goods, targeted audience, availability of raw materials, advertisement, logistic, and man power. Once all of these are factored in, you can decide on how much to invest on the business. Also seek professional experts for tutoring and mentorship.

 

[Dubai]

A small business should not be expensive to start. It could be started with an amount between $100 to $500. Although, this largely depends on the nature of the business in particular. So there is no fixed price.

 

[Erik4150]

The amount of money you will need to run a small depends mainly on the kind of business it is, other factors you need to consider are the economy of your country and location. Your financial capabilities is also another factor to consider before deciding how much you want to invest in the small business.

 

[MRizwan530]

Today I was sitting and thinking that I have my own business in which I can benefit but I don't know Which business would be most profitable and which one would be the most profitable for me?

You can start smart
business by only $150.
This business can be ofline as well online depending upon your interest and demand .
Best online business is you can start trading of Cryptocurrency if you have only $150 amd you can double it with in a month if you are playing wisely

 

[Afeefah]

I think it depends on the type of business. Some businesses require more capital to start. The more fund you have,the bigger the business, just know how to manage your finances wisely.

 

[Sincerem]

Today I was sitting and thinking that I have my own business in which I can benefit but I don't know Which business would be most profitable and which one would be the most profitable for me?

I don't know the business to suggest for you, that gonna match your expertise. I will advice you to seek mentorship from business experts both offline and online. Or you watch tutorials on youtube to understand the business that suit your passion. I don't know the business that suit your passion. You could have given me a clue about how it may look.

 

[nazimgcuf]

This will really depend on the kind of small business that you want to start .
In starting any kind of a business whether small or large,you need to have a plan of how much capital you already have and that will really help you to venture into that small business that you want

Of course, the answer depends on your business model and your chosen industry. However, a useful estimate based on a 2009 study conducted by the Ewing Marion Kauffman Foundation puts the average cost of starting a new business from scratch at just over, Rs.30000

 

[Mrs. Rizwan]

Today I was sitting and thinking that I have my own business in which I can benefit but I don't know Which business would be most profitable and which one would be the most profitable for me?

Sir, if you belong to Pakistan, you will start your business with a very low budget... Many people are doing their business And I suggest you start your clothing business, you can earn a lot of profits. For example, if you are starting your business from 10,000, you will get a profit from 20.000 to 30.000 a month later.

 

[Ridorz]

The kind of business you want to start will determine the amount that it will cost. But no matter how, you can make research on which business requires a small capital to start and that will profitable. So, after research you can start from small with a little capital you have.

 

[Pirate]

It depends on the particular business one has in mind because there are some businesses termed small, but the cost of setting the business up from scratch is really high so it just boils down to your plan and research.

 

[giddy]

According to the U.S. Small Business Administration, most microbusinesses cost around $3,000 to start, while most home-based franchises cost $2,000 to$5,000. While every type of business has its own financing needs, experts have some tips to help you figure out how much cash you'll require.

 

[Ojonuyo]

Small business capital for set up all depends on the type of business. You know businesses and products differs in set up and management.

Going into online selling of goods and services, your might need approximately nothing less than $300 from my own perspective

If you are starting out your own small scale business offline which I consider to cost more, you would need approximately $500 to start up fully.

The starting means, getting a location and still have some saving on ground.

 

[Snobar Bilal]

I think its depend on your capital amount with which u want start your business.If You have a small capital then u can start small business and if u have a large capital then u can start a big business .its all upto capital.