What is a good business to start with little money?… Most people think you need a lot of capital to start a small business of your own. While it’s true that many businesses do require business start up costs, there are also many great small businesses that don’t require much start up capital.
If you want to start a business venture but have little money to do so, then this article is written with you in mind. There are several businesses that require very little initial investment, but are essential in equipping you with the necessary skills you will require to run a successful business in long the run.
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These skills will include establishing a shop, keeping records, advertising, selling and marketing products and pricing of goods. The earlier you get into entrepreneurship, the more you will reap out of it.
Develop your skill set and depending on your interests, start a small business. For those who have let precious time go by, these ideas are still viable, thus take a moment to consider them as well.
1. Become a professional photographer
The key to success here is picking your niche and practicing at it until you become as perfect as you can be.
2. Start a delivery business
With the current gas prices, its the perfect time to start a delivery business. To save money, many businesses, big and small, use delivery companies to deliver their stuff. All you need is a decent size vehicle, perhaps a pickup truck, some flyers, and you are in business.
3. Start a residential & commercial cleaning business
All it takes is some cleaning material and you can start your business. Put up some ads on free classified sites like Craigslist, print out flyers and hand them out to business and people. Landing office cleaning contracts could make you some serious money.
4. Become a real estate agent
This is a business for those people – persons who like to sell things. All you will be required to do is to develop a checklist of vacant houses or those available for lease within your area. Next, you would have to get consent from the property owners to represent them. With the consent given, advertise on the classifieds section of the local newspapers or Craigslist and make appointments for viewing.
If you have to only sign up for one paid survey site to make money with, I recommend Ipsos-iSay. Ipsos is the most fun and well-paying panel. Give it a try to see how you like it. It is free anyway!
5. Become a career guide
You will be required to carry out intensive research on career opportunities and give comprehensive advice to parents and young people who may be at the crossroads of choosing a career. Be as clear and realistic as possible and desist from giving false hope. Give options based on the interest area of the client and share what you know.
6. Start a creative agency
The quickest way to break into this market is by starting one creative service then building upon it with other similar services. For example, you can begin by offering web or graphic design, then introduce search engine optimization, social media marketing and advertising.
7. Become a corporate gift specialist
You will need to identify unique gifts at a variety of prices to be able to get and keep clients.
8. Start a web maintenance business
With many small businesses opting to get their website developed at a cheap price, then waiting for it to be updated by the designer. You can make a good income by offering website maintenance services. You could begin with minimal contact for approximately 20 clients. As your business grows, you could easily hire an employee or take in interns to assist with your work
9. Become a content writer
Get hired to write a blog or articles for websites. There are literally hundreds and thousands of blogs that need fresh content every single day. You can build your portfolio by starting on freelancing sites like iWriter, as well as by offering your writing services on webmaster related forums.
10. Become a closet organizer
As a closet organizer you help people get the most out of their space, by organizing their closet. You need virtually no money to get started as a professional closet organizer.
11. Become a professional speaker or trainer
This option is for those who have been working for a while. Giving inspirational thoughts and words of encouragement can earn you good money, but you will have to be willing to start for free.
12. Start planning events
You can manage weddings, parties or corporate events.
13. Become a personal trainer
Keep fit and get paid for it, by starting a yoga or fitness class. You will do better if you have professional training before embarking on this venture.
14. Give city walks
In case you have been living in your city for a while and love to explore, you could organize for city walks where you would take people out to those unknown sites within your city and show them exactly what they are unaware of.
15. Start a consultancy business
This will require you to use your existing skill set to offer advice to people who may require those services. These may include advice on personal finances, marketing, branding, information technology or gardening.
16. Become a teacher
Becoming a teacher can have its interesting perks. Teaching can become a lucrative option.
17. Become a tour operator
Organize gap year programs for students or cultural heritage tours.
18. Make chocolate
Everybody loves chocolate. Learn to mold your chocolate in interesting designs and you will have a good business in your hands. In fact, you can take this concept and apply it to other foods as well. With some knowledge of cooking, and perhaps a few thousands dollars you can start your own food business in no time.
19. Set up a dance or music school
You can begin by getting a refresher course at your local music or dance institute. Then begin your own classes, with the basic courses. Continue to learn and upgrade your classes as time goes by.
20. Convert a blog into an online business
If you already have a blog, you already know that turning it into a business is hard work. You could opt to get into affiliate marketing or develop apps and learn to code.
Low cost business ideas are all around us. And as I explained in this post, you can even start a business with no money at all. You just have to be a little open-minded and think outside of the box. Take advantage of the new opportunities that the Internet has made available, examine your skills and abilities and even your hobbies to see if you can turn any of them into money making hobbies. Many hobbies can be turned into real money making businesses with little or no money at all.