9 Profitable Businesses to start with 100k


Are you a budding entrepreneur looking to start a business with 100k?  This article is for you.

Starting a business with a 100k investment opens doors to countless possibilities. Aspiring entrepreneurs with creative thinking, strategic planning and good financial management can adequately transform their business ideas into reality. It can be launching your own food truck, building an e-commerce store, starting a photography or graphic design business, starting a clothing line or owning a customer service company.

However, starting up or owning a business requires finances. A few thousand in your account can go a long way, as can having several hundred thousand. It’s all about having an effective plan at hand with different options on the kind of business to start with 100k.

In this article, we’ll highlight the importance of being an entrepreneur, discuss several steps to take when starting a new business and discuss the importance of thorough market research. Then we’ll give you a comprehensive guide into various industries, explore several businesses one can launch with a 100k budget and finally motivate you to take a step towards owning your own business with several examples of businesses that started with 100k and are now successful enterprises.

The Importance of Entrepreneurship

Entrepreneurship is important for driving creativity, creating job opportunities and boosting economic growth.

Entrepreneurship gives room for different individuals from different backgrounds and financial situations to pursue their business ideas and aspirations. In contrast to traditional corporate roles, entrepreneurship gives these individuals the freedom to build their own ventures, shape their destinies and earn money without having to go through rigorous training in order to land a job.

Important steps to take when analyzing businesses to start with 100k

1. Budget Wisely

When starting a business with $100k, the first step to success is budgeting wisely. This basically means allocating your funds carefully.

You can do this by outlining all expenses, like equipment, marketing, and operational costs. Also, have an allocation for unexpected expenses, especially if the business doesn’t generate immediate income. You can also save costs by  using freelancers instead of hiring full-time staff. As the business grows, review and adjust the budget to suit your growth process.

2. Legal Requirements

Cover the legal aspect of your business by registering it, obtaining necessary licenses, choosing a business structure to operate in, such as a sole proprietorship, partnership, LLC, or corporation and complying with regulations to operate legally. Read contracts and agreements carefully to ensure they are legally sound before signing.

3. Brand Building

In order to build a successful business, you need to create an identity that aligns with your target audience. Design a suitable logo, website and marketing materials to establish a brand image. Plan to offer quality products or services and excellent customer service because it will boost your business’s reputation positively.

4. Business Plan

As a new business owner, you have to outline your goals, strategies and financial obligations to guide your business’s growth.

In addition, when brainstorming  sectors for starting a business with a $100k budget, it’s wise to focus on areas with lower rate of obstacles for entry and higher  growth rate. Sectors  such as e-commerce, digital marketing, online education, software as a service (SaaS), wellness, sustainable living, and pet care are suitable due to their low startup costs and high demand.

5. Market research

Do thorough market research to understand your target audience, market trends, consumer demands, and competitive rate. This can help you identify possible investment opportunities and position your business for success.

6. Customer Service

Another aspect to pay attention to is customer service; listen to customer feedback and be willing to adjust your products or services accordingly. Providing excellent customer service can increase sales because people tend to flock towards where they are treated with respect. It’s a good way to build loyalty in business.

7. Networking

Build relationships with other businesses and suppliers because it can help you gain potential partners to support your venture in the long run.

8. Self-Care

Whilst you are working to grow your business, build capital and maintain profit, do well to take care of your physical and mental well-being too. It can help you maintain resilience and creativity as an entrepreneur.

Businesses to start with 100k: Specific Business Ideas

1. Digital Marketing Agency

Digital marketing is a good business option to start with 100k. You can offer services such as social media management, content creation and SEO to small businesses, startups and businesses looking to enhance their online presence. An upside to this business is that you don’t need to rent a space for it since most of your dealings will be remote.

2. Beauty Salon

Beauty salon is one of the easiest and most profitable businesses to start with 100k. Women and girls spend a lot of time and money on looking good; therefore, it’s a sure bet. You can even decide to run a home or office service instead of renting a space. As the business grows and you get more customers, you can then decide to rent and furnish a space and employ other people.

3. SaaS Platform

Starting up and marketing a software as a service (SaaS) solution for a specific industry is a good start for 100k. You can sell project management software for small businesses and freelancers and all these can be done remotely.

4. Car Wash Business

Some would rather go to a car wash than wash their cars themselves. Therefore, starting a car wash business can be a lucrative business to start with 100k. All you need is a space, a water supply system, and basic tools for cleaning cars, and you’re good to go.

5. Mobile App Development

Creating different mobile applications for various purposes, including learning, productivity, entertainment, or wellness, can be a good business to start with 100k. Especially if you’re skilled in coding and software development.

You can earn money by activating In-app purchases or subscription fees for premium features.

6. Drop shipping

Dropshipping is a great business idea for those who can’t afford to start a full e-commerce site. In this case, your supplier keeps the inventory while you run the e-commerce store. You can decide to sell electronic gadgets, skincare products, or even groceries.

7. Laundry business

Laundry is a lucrative business to start with 100k. Nowadays, most people’s jobs are so busy that they may not have time to do their laundry. You may not even need a shop at first; begin at your house and run delivery services to homes and offices around your neighborhood. Within a period of time, you’d have gathered enough capital to rent a space to keep your business growing.

8. Grocery store

Everyone buys groceries so opening a grocery store with 100k is a good way to begin. You can start with selling things like drinks, snacks, soaps, lotions, scents, etc. Buy goods from a wholesaler to save money, then sell at retail prices to consumers.

9. Open a Barbershop

Opening a barbershop is another lucrative option for starting a business with 100k. So if you’re good at giving nice haircuts, consider it. Your customer base would increase based on how good your handwork is and trust men and women to spread word about a nice new barber in town to their friends and colleagues around.

Entrepreneurs and Successful Businesses that started with a $100k Investment


Bonobos was founded in 2007 with a $100k investment. It first started as an e-commerce store selling men’s clothing and eventually expanded into owning several retail stores in different locations.


HubSpot began as a digital marketing agency in 2006 with a $100k investment. They offered marketing software and services to businesses, and over the years, they’ve grown to become a leading provider of marketing automation solutions.

Rent the Runway

Rent the Runway was founded by Jennifer Hyman and Jennifer Fleiss in 2009. The duo launched the business from their Harvard Business School dorm room with a $100k investment. Their business idea was to offer designer clothing and accessories for rent during special occasions to meet the needs of those who desired affordable luxury fashion. Because their business idea was attractive, Rent the Runway quickly gained popularity, pushing its expansion into a multi-billion dollar company.


Dropbox is another example of a business that started with 100k. It started in 2007 by Drew Houston and Arash Ferdowsi as a cloud storage and file synchronization service that was built to simplify file sharing and collaboration. The co-founders launched Dropbox from their dorm rooms at the Massachusetts Institute of Technology (MIT) and targeted consumers and small businesses looking for storage solutions and accessing files across devices. They faced a lot of competition from larger tech companies, but their strong marketing strategy and focus on user experience helped them become one of the leading cloud storage providers in the world.

These examples prove that you can start a business with 100k and that it has the potential for success. All you need are innovative ideas, strategic planning, and effective execution of plans.


In this article, we’ve explored several businesses to start with 100k. In conclusion, starting a business with $100k offers a lot of possibilities, but the key lies in careful planning, market research, and a solid business model.

As an entrepreneur, if you are willing to do the work as a creative, you can harness this little capital to build something that will become a successful business venture in the long run.

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