The first question one asks when about to start a business is what are the best low-investment businesses? Especially if it is the first time that you are going to undertake, asking yourself which profitable low-investment business is best for you is very necessary.
At 100Negocios we took on the task of bringing together the best ones and separating them into categories so that you can better choose which one suits you best.
To start a business with little money, you must know your skills, tastes, and if there is a market for that idea. The key to starting a business with little money is to avoid personnel, administrative expenses, and rents (rents) that use 70% of your budget. So, to stay on budget, you can go with business:
Signature Cuisine
Although food has always been and will be a business, with so much on offer in terms of what to eat, people are opting for the most original and best quality options they can find.
This is where artisan food or signature food comes in. If you offer foods that, in addition to having quality and flavor, offer something different and unique that the competition does not have, the business will become a success.
You can make hamburgers, pizzas and even signature drinks, a business of this type will let you be creative in a field that is always in demand.
The best thing is that you don’t have to be a culinary chef, you just need to train yourself to learn how to prepare what you are going to assemble and make sure that your concept is unique.
Specialty Arts And Crafts
Creative people are capable of transforming something every day into art. If you have a talent for painting, drawing, sculpting, writing, or some combination of the above, pursuing art is a great option.
You can sell your works or offer your knowledge to carry out commissioned work. The most important thing if you plan to dedicate yourself to art or crafts is that you learn to turn it into a business.
For this, you must know how much to charge for your work and how you should value, pay for and distribute your time, materials, effort, and skills.
Interior Designer
This is an ideal venture for people with good taste and many friends, especially retirees who are looking for a way to earn money with the experience they have gained.
This service is based on word-of-mouth recommendations, so networking and being good at PR will be vital for your business.
If you have always had a good eye for spaces and decoration, you can offer your talents both to people looking to give their home a new look and to those who are designing a business.
Sell Your Experience And Knowledge
One of the best ideas, when you don’t have enough startup capital to start a bigger business, is to take advantage of the knowledge and skills you have.
Whether within the area you studied at university or trade you have done, specialized knowledge will always be necessary, so you can offer consultancy and advice to companies or individuals and charge for your services, either per session or for hours.
Business Of Your Hobby
People are interested in what others are passionate about, and that is why turning your hobby into a business is not only a profitable low-investment idea, but it is also a very satisfying one.
As I said before, a niche market works with other people with similar needs or affinities, so having customers who understand and are passionate about the same thing as you will make you manage your market much better.
Set Up A Small Store Or Grocery Store
Although this is a business idea that can be very profitable, it is also one of the most variables on this list.
First, it is an excellent market niche idea when there is no small store in the town where you live or there is only one in a huge area since it will always be necessary and everyone who lives nearby will be your customers.
However, to start this type of business you will need to have some budget for the premises and make deals with suppliers to ensure that your store is always stocked.
Sale Of Clothes (Clothes Bazaar)
This is one of the most requested ideas today because depending on what you want to do, it has a couple of variants.
If you don’t have the budget to start, you could start an online used clothing bazaar, selling things you haven’t used and asking people you know to sell or donate similar clothes to you.
If you want to sell new clothes and set up a shop or boutique, the best option at the moment is to import from China. As the largest producer and exporter of clothing, the products will be very cheap and you can resell them for up to double or triple their value.
Of course, to venture into this, the best thing is that you know how to import from China. At ACADEMY we have a course that will show you everything you need to know to start your business importing.
Online Store
As I explained in the previous idea, starting an online store is an excellent option to start your business if you don’t have much budget to operate.
The advantage that the Internet gives you is that you don’t need to hire a local and pay for services, you can do everything from home, just with a network connection and a computer.
You may like to read Five profitable low-investment business models
