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Starting a small business?

3265 Views 24 Replies 13 Participants Last post by  MarkfromMD, 
M
I already have some money in the stock market and will continue adding, BUT I am contemplating trying to start a small business with a friend this summer.

Given the well-educated and diverse readership here at AAAC, I was wondering if you gentlemen(or women) have any good ideas for a small business venture?

By small business I mean very small, <$10,000 initial investment, hopefully <$5,000.

Thanks in advance,
Mark
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Orsini
MarkfromMD said:
...By small business I mean very small, <$10,000 initial investment, hopefully <$5,000...
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That is not much capital. With that budget, I would say the bar/beverage hospitality business is, at least in California, out of consideration.
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Orsini
MarkfromMD said:
Anything! Another friend suggested a small clothing company.
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You will need a business plan. What is the typical net after tax profit for a small clothing company? The idea will need to pencil out before you go to the bank.
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