Competition: Win £10 cash for the best budget, start up business idea

I remember when I was at school being given £3 by our teacher,  in pairs we had to make that £3 into more. We bought a bucket and sponges and cleaning stuff and touted our business washing cars. I remeber we made about £20. Not a bad return.

If you had a spare tenner what business would/could  you set up? How would you invest it? Could you launch a business with a spare  £10. WE did this last year and had some great responses.

Please leave details of your best £10 business start up idea……the most enterprising  inspiring poster will win a crisp tenner! Just think where it could lead!

T&C’s one entry per person,  baby budgetings decision is final!

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7 Comments

  1. July 10, 2011 / 11:07 am

    I would set up a book lending library. People could rent a book from me for £1. We have so many I could invite the mums from school round and they could take home a book for the week or two.

  2. July 11, 2011 / 9:49 am

    I would turn my blog The Real Life of a Narrowboat Wife into a business! My blog is my passion and takes up so much time. I’ve got an idea to start selling canvas prints of my photos and paintings, eBooks about narrowboating with kids, and children’s books with a narrowboat theme. I have already chosen the narrowboat children’s stories that I would like to sell, so I would spend my £10 on some of those!

  3. July 14, 2011 / 2:13 pm

    Ok.. what would I do?

    I would make some greeting cards:

    Pack of 10 cards (£5), embellishments (£3), glue & pens (£2).

    Then I would sell each card for £2.50 = £25.00 – profit £15

    Make more cards.

    Maggy
    Or I would bake cakes.

  4. Emily Carlisle (@MTJAM)
    July 14, 2011 / 2:19 pm

    I would invest my £10 in a car booting business. Obviously it would have to start very small, but I’m sure it would grow 😉

    I’d take my £10 to a car boot sale and buy ten items for a pound each, being careful to only choose things which have been under priced – of which there are LOTS at car boot sales! The following week I’d take those items back to the boot sale and sell them for £2 each, thereby doubling my money (minus the pitch fee of course). And so it would continue, until my £10 had earned my fortune – or at least permitted me to stay at home with the children 😉

  5. July 15, 2011 / 1:58 pm

    I have done this but not to make any money just so I could have some cool tomato plants. Which I do.

    I would buy a mixed unusual tomato punnet (things like red & green zebra, yellow pear, brown berry) and scoop out the seeds, dry them and then grow my own plants. I would grow some for myself and some to sell directly to local people. I’d use the excess of plant pots I have knocking around to pot some up so I could sell the plants. When the tomatoes have grown I would then start the whole cycle again. Potentially even selling small packets of seeds.

    Anthea

  6. Hayley
    July 15, 2011 / 5:27 pm

    I’d use £10 for advertising to give my photography business a kick start!

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