14 Business Ideas That Require Little Capital

There are so many businesses you can start with little capital right from home and make huge profit within a short period of time. Millions of businesses in the world were started right from home and they grow to become multi-national companies and opening new offices anywhere in the world they find suitable.

Luckily, it is now increasingly easy to start a business from scratch without spending a fortune. Highlighted in this article are some business ideas you can start cheaply, while some can be done from the comfort of your own home. Some of the business ideas listed require nothing more than an internet connection, while others demand a level of licensing or a specific set of vocational skills…the choice is yours!

  1. Digital Marketing Services

Companies are always looking for freelancers able to provide marketing copy that is SEO-friendly and can transform website visitors into leads and, eventually, customers. In addition to offering optimized copy, you could offer to upload the content to their websites and improve their SEO further with meta descriptions, catchy titles, appropriate keyword density, relevant images, captions and tags.

  1. Social Media Consultant

Lots of people are active social media users, while some know just the right thing to do to get those huge numbers of views, likes and followers. Why not make some money out of it? Social media is also a business that has unlimited potential with a client base that can span across the world. This trend is unlikely to die soon, if ever, and new platforms are being released every year, making the possibilities for expansion limitless. You can use your social media management prowess to help build brands, promote events/activities and get paid for it.

  1. Affiliate Marketing

Affiliate marketing is extremely easy to get into and involves you earning a commission by promoting other companies’ products and services via your personal platform. Basically, you choose a product or service, promote it, and make a profit on each sale that stems from your marketing efforts. An affiliate marketing business is especially easy to start if you have a blog or website of your own and can prove your success through visitor statistics.

  1. Graphic Designing

Companies are always in search for branding that tells people about what they do. If you can follow company guidelines and customer needs, all you will need to get started is a computer and applications such as CorelDraw, Photoshop or Illustrator. Types of media you will be responsible for creating include logos, fliers, newsletters, information sheets, and letterheads.

  1. Designing Business Plans

Having a business concept is great, but it can be hard to put that idea down on paper in a way that will speak to a potential investor. If you have owned your own business in the past or earned a business degree, why not help those with just the idea start something they love?

  1. Resume Writing

No matter the experience, there are very few people that enjoy or are good at writing their own resume. Individuals pay very good money to have their personal statements put on paper for them. It will cost you nothing to get setup and once you get the hang of it, you should be able to average a good pay rate.

  1. Editorial Services

An editorial services business is easy to start, requires no initial monetary investment, and has a huge potential for expansion. From small and large businesses to authors and students, your client base could be endless.

Lots of websites nowadays are in need of creative writers. Some of them also need the administrators to post it on their website, which you will receive additional pay for. Aside from writing content for them, you can also create your own blog and post your thoughts there. The best thing about this business is that it is not full-time – you can do your work whenever you want, not depending on the time of the day.

  1. Travel Planning

With all the booking platforms available online today, anyone can book a holiday from the comforts of their home. But with so many different factors to compare, it can be overwhelming. Some of these include flights, car rentals, hotels, restaurants, tours and activities.

If you have strong organizational skills and the knack for finding a good bargain, you could offer these services to others who have less time on their hands. Find the deals for your customers and add your surcharge for your services.

  1. Photography

Whether it is a wedding, family event, or a business’ marketing materials, people pay good money for professional photography. Unless you feel the need to undergo a training, the only monetary investment you will have to make is for a camera. Establish your daily fee and remember to keep into account your travel expenses.

  1. Tutoring

Tutoring is another lucrative business you can do at the comfort of your home, and worth considering. It will cost you very little to get setup, and you can also offer your services at people’s homes.

  1. Computer Trainer

There are a number of senior civil servants wanting to learn how to use computers and the internet, meaning that if you are proficient in the use of computers, you could offer your services in your neighborhood. However, you should anticipate that most will not be as passionate about computers as you, so they might only want to learn basics, such as emailing and using an internet browser.

  1. Laundry Services

If you are looking for a way to make money at home without the need to learn new skills, home-based laundry services are easy to offer, with the possibility for expansion in the future. The most complex part of the process will be establishing whether or not you need licensing to start this business from your home. This will depend on your location and the size to which you plan to grow your empire. Otherwise, all you need to do is:

  • Establish how much you will charge
  • Decide on how the payment process will take place (e.g., before or after you complete the service; in cash, or via card, bank transfer, etc.)
  • Embark on promotions to get your name out there
  1. Home Daycare Services

Firstly, you will definitely need the appropriate licensing and permits to start a home daycare business. That said, if you love children; have worked with them before; and have friends, neighbors, or family who take their young children to nurseries while they are at work, then starting your own home daycare business could be very profitable.

  1. Bakery

Nowadays, people earn a lot of money from the bakery business. All you need to do is create a social media account where you will post your bakery and contact details, use the appropriate hashtags to advertise your work, gain the interested audience, and take requests from different people who need cakes or other confectioneries for their birthdays, weddings and anniversaries. Your business can begin by baking right at home – in this case, you will only have to invest in the ingredients and baking equipment (if you do not have them already). It would also be quite effective to send the examples of your work to any parties that would be interested, in hopes that they will approach you with the business offer.

Starting up a business could prove exciting and ultimately fulfilling, when you don’t have to give account to anyone. Even though you might not have all the skillset to start up a business you might be interested in, the internet has made it increasingly possible for you to learn them or brush up on your existing skillset, leaving you with the opportunity to start a business easily and cheaply.

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