Businesses You Can Start with $5,000

15 business types you can start for $5K or less — 2026 data

A $5,000 budget opens the door to dozens of viable businesses. The key is targeting service-based models where your time is the primary asset and startup equipment costs are minimal.

Many of the most profitable small businesses in America started with less than $5K. Cleaning services, pet sitting, tutoring, and consulting all fit comfortably in this budget — and all have proven demand.

Below is every business type in our database that you can launch for $5,000 or less, sorted from cheapest to most expensive. Each includes a full cost breakdown with interactive calculator.

15 Businesses Under $5K

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Frequently Asked Questions

What is the most profitable business to start with $5,000?

Consulting and freelance services typically offer the highest profit margins on a $5K budget because overhead is minimal — you're selling expertise. Cleaning businesses and pet sitting also have strong margins since ongoing costs are low.

Can you really start a business with just $5,000?

Yes. Our data shows multiple business types with startup costs starting below $5,000, including pet sitting ($500–$5,000), cleaning businesses ($2,000–$50,000), and tutoring ($1,000–$15,000). The budget tier focuses on each business's minimum viable launch cost.

What are the hidden costs of starting a business with $5K?

Common overlooked costs include business insurance ($500–$2,000/year), licenses and permits ($100–$500), bookkeeping software ($20–$50/month), and a 3-month cash reserve for operating expenses. Our calculators include these line items.