Have you ever thought of making some side money or start working at your own pace in your own project? If that’s the case and lack of money and ideas are stopping you, I have good news for you: there are a lot of business you can start with a small budget. Maybe you just need a little push to get started or some inspiration.
The best thing about starting your own business is that you can actually focus and work on something you’re really passionate about and good at. Take a little bit of time to look at your skills and experience. Also take into consideration other people’s needs, current trends, or services that are lacking in your area. There’s definitely something you can do, and here we present you with some ideas.
16 Top Businesses That Need Little to No Money to Start
Area: Home Services
1. Laundry and Ironing
It might look like something that everybody can do, but there are a lot of people that simply don’t have time to do laundry themselves. They usually look for this kind of service.
You can start by looking among your contacts: there are probably people who fit in this category. They can recommend you to more people, and so on. Using your own washing machine is a start, and as you grow you can rent or buy a proper space and equipment.
2. House Cleaning
Not only house cleaning: it can also be offices, shops or other spaces.
You can start by getting the materials you need and make use of your network. You can also add a bit of creativity in your cleaning business, like leaving your special touch when cleaning or a rewards program to get customers coming back to you.
3. Repairing Services
It’s the perfect job if you’re a handyman. Not many people can fix the broken sink at their houses or repair a light fixture, so it’s a great business opportunity for someone with these skills.
You can start by offering your services to your neighbors and putting posters around your area. As your business grows, you can look at other options like creating a website, or getting a Yelp profile to start receiving reviews and recommendations.
Area: Sell DIY Products
4. Arts and Crafts
If you’re an innate creative and love to do handmade things, this could be a perfect business opportunity for you. Selling personalized t-shirts, mugs, tumblers, keychains, or home decor can be a great source of income.
You can start by creating your nephew’s birthday party decoration, for example, and leave your contact in the candy bags. Or you can sell your creations in online shops like Etsy.
5. Gift Baskets or Gift Packing
Another great business idea for a creative mind. This is also a service that can be used all year round since there are always birthdays, or holidays such as Valentine’s Day, Mother’s Day and Christmas.
You can start by packing your own gifts in your own creative way and talk to your friends about it. Or why not? Use Pinterest or Instagram to showcase your talents and to gather followers and customers little by little.
6. Baking or Catering
If you enjoy cooking or baking plus you know people enjoy what you make for them, this could be your to-go idea.
You can start by offering your catering services at your current job’s events, making the cake for your colleague’s birthday celebration, or even trying new dishes or desserts. Give them to your friends and colleagues to get their feedback while letting them know you’re starting your business.
Area: Educational Services
7. Music Lessons
Were you in your high school band? Or maybe you’ve been playing the piano or guitar as a family tradition? Well, you can also make a business out of it if you have enough experience and talent to share.
You can start by giving private lessons in the afternoons, or you can even try on a music school or a summer camp Little by little you’ll start meeting people who could become your customers.
8. Language lessons
In today’s globalized world, speaking a second or even a third language, more than a “plus”, it’s becoming a “must”. So use your second language to teach English or Spanish, or another language you speak.
You can start by giving private lessons. It could be someone who’s trying to get a job that requires a second language, or if you have the necessary certifications, you can also teach in a school.
9. Zumba Instructor
Love dancing and keeping yourself in good shape? Zumba instructor can be an amazing idea, as it is also a trend.
You can start by getting a Zumba certification. It requires an investment of money, but once you get it you can even set up your own studio.
Do you prefer to work from home? Here you have a list of the best and most profitable businesses you can start from home.
Area: Online Services
Another thing you can take advantage of if you’re proficient in more than one language. Translators are often needed in global companies that wish to expand to other markets. They’re generally well paid, especially for the least common languages.
11. Virtual Assistant
Perfect to manage your own time, and work from home. A virtual assistant is a well-paid job and it can be very easy if you have previous experience of this in a normal office.
12. Graphic Designer
This could start as a side freelance work. If you are a graphic designer or have any kind of creative background, and know how to use the required tools, this could be suitable for you. Graphic design work is always needed although it might not be appreciated sometimes.
13. Marketing Services
There’re a lot of companies, especially startups, looking for skilled individuals to help them with their marketing strategies. These tasks could involve writing copy or articles, or manage their social media accounts.
For all of these ideas, you can start by looking for opportunities in websites such as Upwork or Fiverr. If you still need knowledge, there are a lot of online courses out there that can prepare you for such jobs.
14. Affiliate Marketing
Affiliate Marketing means that you can earn money by promoting a product or service from a certain company. How? You get a commission from each sale that comes from your referrals.
If you already have an online community, such as a Facebook Group with several members, or a blog, being an affiliate can be a really good business for you.
You can start by reading a bit more on the topic, choosing products or services you’d like to promote and thinking about how to grow and promote different products.
15. Personal Driver
Becoming an Uber driver is a way of starting a business. It is small, it’s only by yourself, but you get to manage the hours and build a network from the people you meet in your everyday job.
You can start by looking at the requirements to become an Uber driver, and of course, having your own car that meets the standards.
16. Renting Your Place
If you have a free room in your house and live in a city that receives many visitors, you can start by having your very own vacation rental, and offer it on sites such as Airbnb.
You can start by learning what is needed to turn your home into a rental property and by checking the platforms available online to promote and get reviews.
All the ideas above might sound easy and fast, but like anything in life, patience and hard work are required to start your business; it doesn’t matter how small.
Make the best out of your talents, experiences, and network, and the most important, and maybe the most difficult, get started!
If your budget is tight, keep reading What’s the Best Franchise to Own with a Small Budget?