Possible Business Ideas with Little or No Capital to Start
There are so many amazing possible business ideas you can start with little or no capital as long you have the desire, passion, dream and determination to achieve your goal.
Thou it will not be very easy initially as a beginner but with consistency and effort, it will definitely pay off and you can’t believe how big you can grow your business within a little space of time.
Today we are going to be looking at the following possible business ideas:
Possible Business Ideas with Little or No Capital to Start
1. BUSINESS PLAN SERVICE
You can decide to offer a professional business plan including market research, the business plan narrative as well as the financial statements. In order to attract clients and potential clients, plan your fee around the main ones that the client will want and offer the others as add-on services.
You can give clients an electronic file and allow them to take it from there, or you can keep the business plan on file and offer the service of tweaking it whenever necessary.
First ensure that you have business plan samples to show clients and make sure to include your own on the list. Meanwhile, this business idea have expansion abilities which means that there is no limit to how big your business can become if properly managed.
Read More: Latest Business Ideas with Little or No Start Up Cost – Part 1
2. Grocery Delivery Services
So many big supermarkets do offer this service, but delivery prices are often very high or sometimes the food becomes warm/cold or bruised before it arrives at the customer’s home.
Now this is the idea, If you own a big car, you could become people’s personal shopper. Some people do not have the time to run errands after a long day at work and others may not have the physical capacity to do so, so why not do it for them and earn a living through it?
Read More: Latest Business Ideas with Little or No Start Up Cost – Part 2
3. Desktop Publisher
Basically, desktop publishers typically use publishing software to create Magazines, Books, Marketing newsletters and many other marketing materials.
In order to offer a full service as to achieve better result, you could also write the content or hire a content writer and create your own small team of competent Desktop Publishers.
Also ensure to deliver quality services to your existing clients as they will assist you with advertising your business further through referring their loved ones to patronize you.
4. Product Reviewer
Yo can make money as a product reviewer by cashing in on affiliate marketing links from products you review. Even if you give a product a negative review, you could mention a product that you prefer as an alternative and give an affiliate link to that product.
Meanwhile, books are one of the obvious products to review and that has helped propel Amazon into being the largest affiliate marketer on the web, despite their skimpy, circa 4%, commission levels….Smiles!
5. Resume Writing
With the help of the internet, you can help write resumes and cover letters for anyone in the world. If you can write succinctly, you can write a good resume for people and earn good amount of money from doing that because even if you don’t always use one when applying for a position online, recruiters expect you to bring a resume to the interview.
Therefore almost everyone needs a resume for one official stuff or the other and being good at such service can be a nice source of income for you.
6. Nanny Service
This business is basically all about trust. If you don’t have successful placements under your belt, you can build trust other ways. Show off your background, describe your thorough vetting process, and have a very professional looking website and marketing materials.
Make sure you always protect the kids entrusted to you or any other activities you are expected to carry out. Once you are good at what you do, you will eventually land into a good home with nice people in them with a very good pay also.
Read More: Best Small Business Ideas for You – Part 3
7. Opening a Floral Shop
With the help of a right location and careful buying, you can have a nice income from your floral shop. To generate more sales and income, target special events such as weddings, funerals, parties etc.
Let your neighbors be aware of what you do so that they can patronize you or send customers your way. Gradually, your shop will grow bigger and generate more income for you if properly handled.
8. Residence for the Elderly
Have you taught of this?
A lot of people are naturally good at relating and being with our elderly one but only few have realized that it can as well be a good source of income for them. Some people do very well building and renting residences for the elderly.
Thou this is a highly-regulated field and you need to manage it carefully. Staff turnover can be sky high and “one-time” issues with residents and their families may seem endless, but there is a lot of good returns here.
9. MUSIC LESSONS
Do you know that your music skills can actually earn you some good amount of money?
There are a few ways to approach running your own music business: First, you can decide to be mobile and teach in your clients’ homes, or you can run it out of your own space (a separate building or designated area of your home.)
In order to get started,you have to try and connect with local music schools for part-time gigs, that will allow you to see if you really like it, and also help you build a reputation with clients.
Read More: How to Grow your Business with Customer Feedback
10. UPHOLSTERING
If you love sewing then upholstery repair might be a perfect business for you. One of the best ways to learn how to upholster is to get some discarded upholstered furniture and start tearing it apart. Many books and some videos are available to help you learn this trade.
Often times, furniture’s that are ready for upholstering will also need repairs. You can have a list available of furniture repair individuals that you can recommend to your customers. Or you can take the piece in, have repair people you work with do this work for you, and add it to the overall cost. You can also learn to do this work, especially minor repairs, yourself and earn from it.
This is where we will be wrapping up today’s discussion.
You are welcome to share your suggestions, opinions, questions and answers with us all using the comment box below.
You are also encouraged to share this information with your loved ones if found useful enough as we can not reach everyone at the same time.
Did I miss anyone of your interest here? Not to worry as there are some previous topics that might have covered the business idea of your interest therefore you can also checkout out previous articles for more information.
Related: How to Grow Your Business
