5 Small Business Ideas That Don’t Require A Lot of Money
Startup companies are trending as an increasing number of people are switching to working online. This allows them to have more time to consider and pursue their interests. Here are the top 5 ideas that require little to no money to kick off your business journey.
Dropshipping is a way to sell online products without having to spend money on buying and storing inventory. With dropshipping, you don’t need to handle physical products.
All you need to do is create an online store and use dropshipping apps (like Automizely) to help you find products to sell. The next step is to partner with other suppliers who are ready to store, package, and ship your products. Shopify also offers a dropshipping course that leads you through the basics of creating your first online store.
2. Print on Demand
Print on demand (POD) is when you create custom designs and they get printed on items such as shirts, mugs, phone cases, etc. The benefits of POD is that you don’t print the artwork. Instead, you collaborate with other suppliers that package and ship your items and only pay after you’ve sold them. This means that even if you sell nothing, you will have no costs.
In order to get started, you need to choose a platform that works best for you. Shopify has many courses and other apps that you can install. Just create an online store and install a POD app (Printify is a great example). Partnering with others on social media is a good marketing strategy to bring in more clients.
3. Greeting Cards
Greeting cards will never not be in style. Weather it’s a birthday or a holiday or just any celebration, a pretty card is always welcome.
To get started, you can use tools like Canva and Photoshop to create your designs. In terms of marketing, online platforms like Etsy and Facebook make it easy to reach clients online. Some costs that need to be considered with this idea are all the supplies needed. This includes paper, ink, and other add-ons (e.g. texture pieces) that give that handicraft touch to your product.
4. Content Writing
Many companies need help with writing content for their products. This can also include daily updates, blogs, and other information.
A good way to start your content writing business is to join some writing groups on social media (Facebook, Instagram, etc.). From there, you can get on popular writing websites to find your fist customers. Some of those websites include Remote.co, Problogger, and BloggingPro.
5. Dog Walking
If you like dogs and enjoy taking them out on walks, then this business idea is perfect for you.
Even though this job is often seen as low-paying, as a professional dog walker, you could charge anywhere from $30-$60/hour. Another benefit is that it requires very little to no cost to start. All it takes is some marketing on social media or different methods (like flyers or going around your neighborhood and informing others of your services) and you’re good to go.
With these ideas at hand, you can easily start your own business. Follow your dreams and get out there!