5 Businesses You Can Start For Less Than $1000

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1. Tutoring

Tutoring is one of the best businesses under $1,000. Starting a tutoring business is considerably cheap. Budding entrepreneurs can acquire video conferencing software like Zoom and classroom management software like Google Classroom for free. It is also possible to scale the business at a minimal cost by acquiring Zoom Pro or Zoom Business for $12.5 and $18.3, respectively. On the other hand, business owners may consider becoming a private tutor. On April 14, a 25-year-old private tutor reported to Business Insider that they made $3,000 doing the homework of a child in Dubai, UAE.

At Insider Monkey, we delve into a variety of topics; however, our expertise lies in identifying the top performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.

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