Is it possible to open a business with 500$?

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  1. akuigla profile image60
    akuiglaposted 8 years ago

    Is it possible to open a business with 500$?

  2. ChuckHuckaby profile image39
    ChuckHuckabyposted 8 years ago

    If your "business" is writing Hub Pages, it's free and you definitely can.

    If you are opening a commissioned sales business operated from your home or a table at an internet cafe, you may only need web page or business card and initiative. That too could be started for under $500.

    If you are starting a business needing office space, licenses, inventory, insurance and incorporation then likely you cannot. Even then it depends what part of the world you're in and the purchasing power of the dollar there.

    Many entrepreneurs outside the US seem to be able to significantly expand or start a business with under $500 through local banks or groups like Grameen.

  3. nightwork4 profile image60
    nightwork4posted 8 years ago

    of course it is . it just depends on what you need for equipment, start-up costs etc. realisticaly you can start a business for $100.00

  4. profile image58
    CDMCPAposted 8 years ago

    It is actually possible to open a business with less than $500.  This is mainly true with service type businesses that can be operated from a home office and the product delivered over the internet.  Freelance sites such as, and offer excellent opportunities to individuals interested in establishing a service type business.  These sites charge a small membership fee, although they also offer a no charge membership with slightly limited benefits.  Browse through these sites to see if your skill set matches up with the job categories offered. It may take some time to establish yourself within these communities; however, be consistent and stay encouraged.

  5. profile image0
    Butch Newsposted 8 years ago

    Yes it's possible.  The options are a bit limited but it's better than nothing.

    While door to door selling is not common anymore you could start a door to door business on $500.  It would be a tough sell but that's how I started in real estate.  In no time at all I didn't have to go door to door anymore.

    I got quite a few listings that way.  Many people have no idea what their homes are worth and some signed up immediately to sell their house when I told them what I could get for it.  They wanted to move but just didn't know their house was worth as much as it was.  And the real estate course and license cost about $500 at the time.

    You just need a good idea.

  6. ZaneZenMaster profile image55
    ZaneZenMasterposted 8 years ago

    Especially if your business is online.
    The start capital for Internet Marketing businesses range from $0 - that.
    Matters how you invest your money!

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