13 Businesses You Can Start For Under $5,000

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SAT Tutoring

Competition to get into college has never been more intense, so there's a hungry market for this service. Expect to spend $500 to $1,000 on advertising, be it on newspaper ads or fliers in local schools. (Certification isn't necessary, but it makes for great marketing; it costs $45 to be certified as a professional tutor through the National Tutoring Association.) You'll also want to buy the test-prep book your students might be using: The big three test-prep publishers--Kaplan, Princeton Review and Barron's--all offer guides for around $20 to $30.
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