Top 10 Low-Cost Business Start Ups

Are you considering opening a business but are concerned about the startup costs? Thankfully, there are many opportunities you can start with little investment required. Beginning a successful company is a lot easier than you may think.

As you begin contemplating which ideas may be best for you, consider asking yourself the following questions:

  • What skills do you have to offer your community?

  • What amount of funds do you have available for startup costs?

  • Are you a “people person”?

The answer to these three questions will help you to determine if the options are right for you.

If you are struggling to find a business idea that matches your interests, consider one of the following most profitable small business opportunities:

Drop Shipping

Drop shipping is a very popular small business idea that many entrepreneurs begin. This allows you to run your own online store without having to burden yourself with purchasing inventory and shipping out products. Instead, you work with a drop shipper who handles these tasks for you while you focus on marketing and selling the products only. There are many opportunities for you when it comes to drop shipping as you can even create your own products and have a manufacturer dropship them for you.

Online Tutoring

If you are book smart or have a skill that others desire to learn, online tutoring may be perfect for you. You can teach others a skill that they are willing to pay to learn. To do this small business idea, you just need a reliable internet connection, a computer, as well as video conferencing software.

Print On-Demand

This option is for those who are creative and skilled with graphic design to create artwork. The opportunities are endless as you can offer mugs, t-shirts, or greeting cards online. Selling methods include your own website, and partnering with a print-on-demand company that will be able to produce your products and take care of the shipping and handling for you.

IT Support

Now that most companies and individuals use computers, IT support is always needed. From troubleshooting to installing software, people will always have technological needs and issues, so IT will always be a high-demand profession.

Technology Repair Service

If you are good with computers and are knowledgeable about how to repair them, a technology repair business may be right for you. As previously stated, everyone needs computers, therefore repair services will always be in demand.

Translation

If you can read or write in more than one language, you can start a translation business. You can apply your skills to help others translate important documents from one language to another. The startup costs are very low as you may only need a computer to start working from home.

Website Design

Most businesses and local organizations require a website for customers to locate them online. It is especially important to have a professional design if they want to be taken seriously. If you are comfortable and creative with designing websites, then this could be a great business idea for you. All that is required is a strong internet connection, a computer, and website design software.

Courier Services

This is another high demand business as many companies use couriers to deliver products to their customers. If you own a bike or vehicle, this concept has low investment costs. This startup option is especially ideal if you prefer to be on the go and don’t want to work from home.

Cleaning Services

If you like to organize and keep a tidy home, this could be a strong choice for you. Startup costs are typically low as you will need transportation and cleaning supplies to get started. Another positive about this business opportunity is that it is expandable as you can hire other workers if you have too many clients to handle yourself.

Starting your own business has many benefits, however, finding a low-cost opportunity offers even more of an incentive as you will be able to invest less and reduce your stress as you begin your new journey.

Candy Messer

Candy Messer is a and profitability/growth advisor working with entrepreneurs in service-based industries to help them have successful businesses.  With more than 22 years of experience in the industry, Candy understands the stresses business owners  face and offers customized services  to meet their varying needs.

Candy started Affordable Bookkeeping and Payroll (AB&P) with the goal of providing businesses with top notch bookkeeping and payroll services at a reasonable price.  Her company energizes business owners by removing  the burden of  compliance tasks as well as working with them to identify issues preventing higher profitability and/or growth. As a result of using her services, clients have peace of mind and the freedom to do what they love. 

Candy was named Woman of the Year for 2009-2010 by the Peninsula Chapter of the American Business Women’s Association, and 2011 Entrepreneur Mom of the Year by Today’s Innovative Woman magazine.  In 2012, the El Camino College Foundation honored her as a Distinguished Alumni of the Year. Affordable Bookkeeping and Payroll was named 2016 Small Business of the Year by the Torrance Chamber and Intuit’s (creator of QuickBooks software) 2016 Firm of the Future.

Candy is co-author of Business Success With Ease released in 2013 and Navigating Entrepreneurship released in 2014 and is the host of “Biz Help For You” which can be found on iTunes, Tune-In, Stitcher, IHeartRadio and Spotify.

Candy has been married since 1992 to her husband Garth and they have a son, daughter, son-in-law, and soon to be two grandsons. When not running her company, Candy enjoys reading, crocheting, logic puzzles and spending time with friends and family.

http://www.abandp.com
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