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$10k is a lot of money to me.
But really, I believe most businesses can be started on a small scale.
You need to make sure you understand the business you're getting into. A feasibility study will help in this regard.
Next, you need to project your total investment requirements, daily expenditure and expected profit. That would give you a focus on how to run the business.
Lastly, you need to decide what parts of the business you'll run on your own and parts you'll outsource to others. This is very important as outsourcing can help save money.
With the above listed points, you'll be able to make informed decisions and spread your money appropriately
