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Signs of Low Testosterone
Testosterone is a hormone that exists in both males and females of the human species. In men, testosterone is responsible for the proper functionality of the sexual and reproductive systems. It also plays a role in other functions of the human body, including:
- Maintaining bone density
- Promoting muscle strength
- Production of red blood cells
- Promotion of sex drive
- Healthy fat distribution in the body
Not only does testosterone play these important roles in the male body, but it does so in the female body as well. Women, however, possess lower levels of this hormone than do men. When women have too much testosterone, they can suffer conditions such as male pattern baldness and other adverse developments.
While having too much testosterone can be problematic, too little testosterone can lead to deterioration of health. Since testosterone plays a crucial role in the production and development of sperm, for men, low testosterone can lead to infertility.
For men, a healthy testosterone level is between 270-1070 ng/dL (nanograms per deciliter). The average level would be around 679 ng/dL.
Some of the symptoms of low testosterone in men are:
- Gaining significant fat
- Muscle depletion
- Erectile dysfunction
- Development of larger than normal breasts
For women, healthy testosterone levels are around 15-70 ng/dL. Symptoms of low testosterone in women include fatigue, sleep disruption, low sex drive, loss of bone density, and weight gain.
Causes of Low Testosterone
Testosterone levels tend to drop in men as they age. According to scientific studies, the peak stage for testosterone for a man occurs at around the age of 20, and then gradually decreases.
However, when testosterone drops below the healthy levels, this can be disruptive to the individual’s health system.
Certain problems may contribute to this reduction of testosterone to levels that are considered unhealthy. Such problems include but are not limited to the following:
- Pituitary tumors
- Hormonal disorders
- Castration or testicular injury
- Side effects from taking opiate analgesics and other medicines that reduce testosterone
For women, some of the causes of low testosterone are menopause, problems with the ovaries or health problems with the adrenal glands.
How to Tell If You Are Suffering from Low Testosterone
Because the symptoms of low testosterone are often shared with those of other medical disorders, it can be hard to know if you have low testosterone.
If you have been feeling sluggish and unable to sleep lately, you might be suffering low testosterone. However, other tell-tale signs could be a low sex drive, mood swings, and memory loss or other cognitive disorders.
To diagnose low testosterone, you will need to visit a doctor who will review your symptoms and conduct tests to assess your situation. The doctor will likely conduct a blood test to check your testosterone level. He or she may also do MRI tests or other diagnostic tests to check for tumors and hormonal problems.
Conditions Associated with Low Testosterone
Certain diseases and conditions can make you more likely to experience low testosterone. These include kidney disease, type 2 diabetes, HIV/AIDS, high cholesterol, obesity, heart problems, and metabolic syndrome.
While the exact link between these conditions and low testosterone is not completely understood, one may make you more susceptible to the other. In particular, a weakening of your body’s ability to regulate and fight disease seems to result in the body producing less testosterone.
Treatment Options for Low Testosterone
There are several treatment options for curing low testosterone. First, if there’s an underlying condition such as tumors and other diseases, the doctor will likely deal with those first.
As to the actual low testosterone, the doctor may prescribe testosterone replacement therapy (TRT). This treatment replenishes the levels of testosterone in the body, and helps to preserve the proper functioning of body processes affected by low testosterone.
In addition, you might also be prescribed a testosterone supplement treatment to get your testosterone levels back up.
Apart from medical options, you can also pursue lifestyle adjustments to boost your testosterone, particularly if the problem is not severe. Lifestyle adjustments include following an exercise program to lose weight, quitting smoking, eating healthy, and getting plenty of rest, including sleep.
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25 Business Ideas With (Almost) No Startup Costs
Dreaming of starting your own business but low on capital? Here are 25 low-cost options to consider.
- You don’t need a lot of capital to start a small business.
- Look for service-based business ideas, as these often have lower overhead than product-based businesses.
- Consider turning your hobby or professional skills into your own business.
- This article is for people who want to start their own business but can’t afford to spend a lot on startup costs.
For many people with an entrepreneurial spirit, the No. 1 reason they don’t pursue their business dreams is the significant costs associated with starting a business. However, there are many businesses you can launch today with little or no funding, so long as you are dedicated and put in some good old-fashioned hard work.
If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.
1. Content creation
Social media and the 24-hour news cycle have created the perfect storm of opportunity for creative professionals like writers and graphic designers, who can use their talents to create high-quality, shareable content for businesses and media outlets. Thanks to a growing gig economy of freelance and contract workers, it’s easier than ever to market yourself as a professional service provider.
2. Personal or virtual assistant
Along those same lines, those with good organizational skills are in high demand for other entrepreneurs who are growing their businesses and want to focus on high-return tasks. A personal or virtual assistant performs many of those secretarial or front-desk functions without being onsite. These individuals often work from home for many different clients, keeping track of calendars, making flight arrangements and doing clerical work.
3. Event planning services
If you’re a highly organized, detail-oriented individual who loves putting parties together, you might have the right personality to launch an event-planning business. Working for weddings, birthday parties and class reunions, event planners make it easy for others to host an exciting party. Planning a few pro bono events will help give you the proper experience. Use LinkedIn and cold calling to build up a solid database of vendors and contacts so you can help your clients orchestrate the event of their dreams.
4. Errand/concierge service
Between caring for their children and handling their professional responsibilities, most working parents have very little time to take care of personal errands like grocery shopping, making returns at the mall or mailing packages. A driven individual can take care of these time-consuming errands for clients and free up their days for the important things in life. Account for travel expenses when determining your rates, which can be hourly or by the task.
5. Professional reviewer
Yes, this is really a thing. Good reviews have not been lost on companies large and small. Many companies provide products and services to individuals so they can write a review of the company. They want a good review but, more importantly, an honest one. They pay for your time or by the review, and you get to try new things, read new books, experiment with the latest technology and much more, all while getting paid.
6. Social media consultant
Larger companies can hire an agency or full-time staff member to run their Facebook and Twitter accounts and blogs, but small businesses often have to take care of their own social media marketing. With so many other responsibilities, business owners may be too busy or overwhelmed to come up with a great social media strategy. As a consultant, you can help them determine the best tactics, posting schedules and content for their target audience. As their follower counts grow, so will your business.
7. Etsy shop
Etsy is a popular online marketplace that hosts thousands of at-home retailers and larger productions, like the highly rated Wildflower + Co. , selling jewelry, patches and DIY merchandise. Starting an Etsy shop is incredibly affordable. It’s free to join the site and start a shop, though there are three selling fees : the listing, transaction and payment processing fees.
8. Online courses and tutoring
What are you passionate about? Yoga? Baking? Web design? You can help others enrich their lives by offering virtual classes if you know something inside and out. Create downloadable instructional packets and videos, or schedule real-time Skype lessons with clients. Another option for aspiring educators is to start a virtual or home-based tutoring service.
9. Personal chef
This business requires you to plan and prepare weekly or daily meals for your clients, so strong cooking skills and a working knowledge of nutrition and special diets are a must. You don’t necessarily need to have graduated from culinary school, but having some cooking classes under your belt will boost your credibility. While you may have to do some traveling to and from supermarkets and client homes, your customers should cover the cost of ingredients in addition to your service charge.
You don’t need a Michelin star to start as a personal chef. Cooking and baking is a popular hobby worldwide, especially in places like Italy and Sweden. Many amateur chefs can become professionals by allowing others to sample their fare at trade shows or events.
10. Translation service
If you’re fluent in a second language, you can find work converting written and spoken words from one language to another. Broadening international ties and an increase in the number of non-English speakers in the U.S. make this a fast-growing field, with the Bureau of Labor Statistics predicting 19% growth by 2028 . You can start your own independent service and market yourself to businesses, schools, hospitals, courtrooms and conference centers.
11. Software training
Are you proficient in a highly specialized software program? There’s a growing demand for training from amateurs and professionals looking to expand their skill sets. Technical manuals are available for programs like QuickBooks and Final Cut Pro, but these are often expensive and difficult for the average user to understand. Schedule small group workshops or private sessions, and charge by the hour when giving a full program tutorial. Patience and a great personality are critical.
12. Music lessons
For the musically gifted, offering lessons to others who want to learn an instrument can be a great source of extra income. Unless you’re teaching piano, students can likely bring their own instruments to your home for hourlong lessons. Stock up on sheet music or songbooks in varying genres and aimed at various skill levels so you can offer a wide selection for your potential clients. Voice lessons can also bring in a lot of money if you market yourself to local high schools and community theater groups.
13. Sustainability consultant
Over the past several years, businesses all over the country have taken a closer look at their environmental impact. However, eco-friendly business solutions are often prohibitively expensive, even for the largest enterprises, and businesses of all sizes are looking for experts to advise them. Sustainability consultants come from various backgrounds, from management to engineering, meaning practical skills and experience are more important than a specific degree.
14. Bookkeeping services
Contrary to popular belief, you don’t need to be a certified public accountant to work as a freelance bookkeeper . All you need is a knack for numbers and practical knowledge of basic accounting tasks (though an associate degree in accounting or equivalent business experience is preferable). These are some of the services you could offer as an outsourced bookkeeper:
- Maintaining accounting software and filing systems
- Issuing financial statements
- Creating balance sheets
- Processing payroll
15. Digital marketing services
If you have experience in marketing, a solo digital marketing agency is a low-cost business idea you can get up and running in no time. If you don’t have a background in marketing but are interested in the field, you can take affordable online courses to develop your skills. One of the best yet most challenging things about marketing is that it is always evolving. Therefore, if you have a knack for storytelling and learning, a digital marketing firm is a business you can start quickly and cheaply.
Hobbyists around the world can monetize things they do for fun under the umbrella of digital marketing, from podcasting to blogging to photography. Do you have a hobby to turn into a side-hustle?
16. Affiliate marketing
Affiliate marketing is easy and cheap, but it takes dedication and a long-term vision to succeed. Affiliate marketing involves promoting other companies’ products and services and earning a commission on generated leads. All you need to get started is a blog or website and a specific product or service you would like to promote. However, to be successful in affiliate marketing, you have to attract many visitors to your website and get them to purchase products or services from your affiliate partners.
17. Online dating consultant
If you love connecting with people and playing matchmaker, you should consider becoming an online dating consultant. As anyone with multiple online or app dating profiles can tell you, filtering messages and finding interesting people to meet can be a full-time job. An online dating consultant can write interesting profiles, manage multiple client accounts, filter unwanted messages, and provide text or telephone updates on potential matches.
18. eBay seller
An eBay seller is sometimes referred to as an eBay assistant, and the job’s primary function is to sell other people’s products on eBay for a small commission. Becoming an eBay seller is simple and affordable, but the platform is riddled with scammers, so you have to be very careful who you work with, as you could be held responsible for packages your customers don’t receive. When selling on eBay, be overcautious and never share any personal data, such as credit card or banking information.
19. Internet security consultant
If you’re passionate about IT, communication systems and computers, you are highly marketable to small businesses that need to upgrade their online security. Helping business owners avoid viruses, hackers and scammers can be a very lucrative business, especially if you have the skills to secure sensitive client and customer information.
20. Graphic design
Every company needs visual assets of some kind to brand their business and attract customers. Becoming a freelance graphic designer requires a computer, a design application such as Adobe Illustrator or Canva, and an extensive portfolio of your work. You can choose to provide a wide array of graphic design services, or you can offer niche services, such as these:
- Display ads
- T-shirt graphics
- Hero images
- Instagram graphics
21. Vlogger or blogger
If you’re passionate about one specific topic or field and love to write or be in front of a camera, consider starting a professional blog or vlog. For a blog, all you need is a computer and a website to get started. Conversely, Vloggers should invest in a high-quality camera, video-editing software and various AV equipment as needed. To make money, you can offer advertising space on your website, find video sponsors, or create an account on a funding platform, such as Patreon or Indiegogo.
Blogging is a popular hobby around the world , even topping the charts in France, Greece, and Portugal. Learn more about which popular hobbies can be turned into side hustles.
22. Domain name buyer
A domain name buyer or domain broker is someone who purchases domain names they believe people or businesses will want and tries to sell them for a profit. Like many other professions on this list, the concept is simple, but becoming a successful domain name buyer requires quickly acting on trends and identifying profitable domains – with an extra serving of luck.
23. Resume writer
Few people are good at writing resumes, and even fewer enjoy writing their own. All you need to become a professional resume writer is a computer. To start, you can sign up for a freelance platform like Fiverr or Upwork and market your services on social media.
24. Meal planner
Most people love to eat, but not everyone knows how to cook healthy, mouthwatering meals on an affordable budget. As a meal planner, your duties would include creating a list of ingredients, writing easy-to-follow recipes, providing nutritional information, developing a budget plan and educating your customers.
25. Video producer
Many companies, influencers, and potential YouTube celebrities want to take their videos to the next level but don’t have the skills or equipment to produce high-quality videos. If you have experience as a video producer, a solid portfolio, and the desire to help individuals and businesses create stunning videos, becoming a freelance producer is an excellent career move.
Looking for even more ways you can start a business? Check out these ideas from our partners at CO— by U.S. Chamber of Commerce , or dig into these other great business ideas .
Marci Martin, Shannon Gausepohl and Nicole Fallon contributed to the writing in this article.
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26 Best Small Business Ideas To Start in 2023
- by Braveen Kumar
- Find an Idea
- Dec 15, 2022
- 33 minute read
Contrary to popular belief, there are actually many ways to start a business that let you focus less on the logistics and upfront costs and more on getting your ideas started. Let’s get you past the first major mental hurdle of “I want to start a business but have no ideas.”
These 26 small business ideas make a great entry point for beginners, bootstrappers, or anyone with a busy schedule, and let you pick up a side business without having to drop everything else.
Free: The Big List of Business Ideas
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Best small business ideas to start in 2023
- Start a dropshipping business
- Design and sell print-on-demand t-shirts
- Launch your own book
- Create digital products or online courses
- Sell print-on-demand posters, greeting cards, and prints
- Start a charitable business
- Sell a service
- Create an online fashion boutique
- Sell handcrafted and homemade goods
- Build an audience you can monetize
- Start a pet business
- Create a membership program
- Join an affiliate marketing program
- Become a virtual event planner
- Start a landscaping business
- Test app development
- Offer child care
- Start an online coffee shop
- Become a handyman
- Sell your photography
- Become a social media management consultant
- Start a beauty business
- Housesitting and petsitting
- Phone accessories
- Sell subscription boxes
- Invest in vending machines
Whatever your business type, you will need a good domain name (use our free domain name generator ) associated with an excellent brand name and a representative logo .
1. Start a dropshipping business
Buy stock, store it, pick it, pack it, ship it. Managing inventory is a big commitment when you’re running a business.
Dropshipping is an easy, low cost, business idea to start and the first of our good business ideas. Dropshipping is a fulfillment model where a third-party supplier stores and ships inventory to customers on your behalf. It’s one of the best businesses to start because it’s low overhead, hands-off, and scalable.
You don’t need to handle any products yourself—you just need to make the sales and pass orders on to your supplier. In fact, it’s one of the quickest and cheapest businesses to start.
You can curate products from one or more suppliers into your own online store under a theme that focuses on a specific niche, like gear for yoga enthusiasts or water bowls for dog owners. When a customer buys a product from you, the order is sent to your supplier, who fulfills it on your behalf. However, you are still responsible for your own marketing and customer service.
There are both local and overseas suppliers you can work with, as long as you can establish a relationship with them built on trust—an unreliable supplier will reflect poorly on your brand.
Dropshipping is a great way to test product-market fit and launch a business before you invest in your own original products. Just be sure to always order a sample for yourself to make sure your supplier is reliable and that the quality of the products is fit for selling to your customers.
- 100+ Dropshipping Business Ideas: The Easiest Way to Sell Online
- How to Start A Dropshipping Business: A Complete Playbook
- AliExpress Dropshipping: A Complete Guide to Sourcing From AliExpress
- Trending Products to Sell
Free Guide: How to Find a Profitable Product to Sell Online
Excited about starting a business, but not sure where to start? This free, comprehensive guide will teach you how to find great, newly trending products with high sales potential.
Get How To Find A Product To Sell Online: The Definitive Guide PDF delivered right to your inbox.
2. design and sell print-on-demand t-shirts.
Another dropshipping model, print on demand puts inventory, shipping, and fulfillment in the hands of a third-party supplier. But unlike the dropshipping business idea above, the focus here is on customizing products with your own designs to create something original.
T-shirts, hats, phone cases, hoodies, skirts, tote bags, and more become canvases for your creativity. You can think up witty slogans for developers or references that resonate with cat owners—if there’s passion and pride within a community, there’s a potential t-shirt business you can start.
Even if you’re not a designer, you can find one to work with using freelance sites like Fiverr , Upwork , Dribbble , or 99Designs .
With many print-on-demand services, you’re paying per product, so the base price per unit will be more expensive than if you were to order in bulk. But the advantage is that if a certain t-shirt design doesn’t sell, you haven’t actually paid for the item yet (only the design, if you outsourced it).
You can even use t-shirt mockup templates so you don’t need to spend extra money on a full photoshoot for every new design.
There are a variety of print-on-demand platforms you can work with, many of which can be integrated with your Shopify store for seamless order fulfillment. However, be sure to always order a sample of your product (often offered at a discount) to make sure your custom products look good.
- How to Start an Online T-shirt Business: Everything You Need to Know
3. Launch your own book
A book is just another type of product when you think about it. As such, you can create one to serve a particular demand in the market.
Cookbooks, picture books, comic books, poetry books, photo books, coffee table books, and novels—if you’ve got the knowledge or creativity, there are a variety of original books you can bring to the market. The options are endless—that’s why it’s one of the best small business ideas to start.
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Print-on-demand is a relatively safe way to test the waters and get started with self-publishing. It also gives you control over the quality and look of your book.
Lulu xPress and Blurb are popular platforms to create, order, and distribute your own books as physical and digital products. You could also sell it on third-party marketplaces like Amazon or Powell’s .
While you can order one book at a time, costs naturally go down when you buy in bulk. Consider pre-selling or crowdfunding your book idea to ensure there’s demand and guarantee a certain number of sales so you can feel confident making a bulk order.
Launching your own book can be a great way to monetize a blog if you have or are looking to start one.
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4. Create digital products or online courses
Digital products like music, courses, podcasts , and templates are unique on this list of low-investment small-business ideas. Unlike the others, they’re not tangible. There aren’t recurring manufacturing or shipping costs to worry about, so your margins can remain high, making it another no-brainer for being one of the best businesses to start.
The trick is figuring out what makes for a good digital product. What is useful enough that people are willing to pay to download it?
The answers range from original instrumental beats to stock photos that can be licensed to other creators to information products and templates that help people level up their skill sets in a particular field.
If you’ve got a talent that can be turned into a digital product, think about packaging it into a new stream of income.
Shopify has a free Digital Downloads app that lets you offer digital products in your store as easily as physical products.
- How to Sell Music: 6 Ways to Make Money as a Musician
- Sell Photos Online: 18 Websites for Selling Your Photography
5. Sell print-on-demand posters, greeting cards, and prints
If you’re artistically inclined or know your way around a camera, you can dropship using a print-on-demand business model to let others physically own a piece of your work. Just be sure you have the rights to the content you want to print or are using public domain assets you can freely monetize.
If you’ve already got an engaged online following—say you’re a cartoonist or an urban photographer—you’re in an especially good position to give this small business idea a try.
Depending on the printer you work with, you can turn your work into products such as posters or framed wall art, even greeting cards. There are plenty of low-cost digital templates and mockup generators like Placeit you can use to showcase your products without having to print out each item and conduct your own photo shoots.
Via Baltic Club
Learn more: How to Sell Art Online: The Ultimate Guide
How to quickly start a profitable print-on-demand store
In our free 40-minute video workshop, we’ll get you from product idea to setting up an online store to getting your first print-on-demand sale.
6. Start a charitable business
Starting a non-profit organization isn’t the only path you can take to help fund a better world.
Having a mission to go along with a business and setting aside some profit for a cause gives social entrepreneurs a unique way to position their company in the market while addressing the issues they care about most.
While many social enterprises offer their own original products, you can also take any of the low-cost small-business ideas above and partner with a non-profit or execute that social good with your own hands, as long as you’re transparent about how it works.
As part of your marketing, you can share the impact that your customers are having by supporting your business, such as a blog post covering your work in the community or a real-time impact calculator on your website.
The Give & Grow Shopify app makes it easy to partner with charitable organizations and incorporate your mission into your business. You can set it up to donate a specific amount or a percentage of sales, or ask your customers to add a donation at checkout.
- What is Social Entrepreneurship? Types and Examples
- How This Social Entrepreneur Is Building a Better Detroit By Empowering Its Students
7. Sell a service
Offering services isn’t passive, but it certainly can be a lucrative way to gain self-employment. With services-based small business ideas, “time” is your inventory and your biggest investment. You’ve only got a limited supply of hours in your day. However, that makes it easier to get up and running if you’ve got skills that are in demand.
Writers, graphic designers, virtual assistants, SEO practitioners, cleaning service providers, dog walkers, real estate professionals, and more can build a business around their skills. You could offer these skills as an ongoing service or start a consulting business that advises on projects.
It’s one of the best business opportunities because it can be expanded with any of the other ideas above to create additional revenue streams by “productizing” services through physical or digital goods.
A photographer, for example, can service a local event while selling prints online through their Instagram account. A freelance writer can sell a copywriting swipe file of high-converting sales copy. Coupling your service-based business with physical products can give you another source of income that isn’t tied directly to your time.
You can use the BookThatApp or Acerill Appointment Booking for Shopify to let customers easily schedule a session or consultation or buy tickets to a class with you through your store.
You can also offer your services through a freelance marketplace like Upwork to increase your chances of getting discovered by the people who need your skills.
- 12 Things to Sell on Shopify (Other than Physical Products)
- Diversify Your Offerings: Takeaways From 5 Service-Based Businesses Turned Retailers
8. Create an online fashion boutique
If you love fashion and sharing your sense of style online, you can consider creating your own online fashion boutique. You don’t need to become a fashion designer—you can simply curate items from other vendors into your own online store (using the dropshipping model we discussed earlier).
Dresses, shoes, swimwear, accessories, and more—you can build your own fashion brand using one of several product-sourcing apps , model them on your own with product photos and social media posts, and build an online following as a trendsetter. Apps like MyOnlineFashionStore let you import various styles into your Shopify store.
- How to Start a Clothing Line: Secrets from a Project Runway Designer
- Branding Secrets from 14 Fashion Industry Experts
9. Sell handcrafted and homemade goods
If you’re a maker—whether you DIY soap, candles, sauces, or pottery—you’re in a unique position to find a small business idea, because product development and procurement are literally in your hands .
Unlike many of the other ideas on this list, you will need to consider shipping and inventory management , but you can start out simple on a per-order basis or with a small batch until you start generating consistent sales.
In fact, many makers on Shopify started out with a home business idea , selling on Etsy or eBay, or to friends and family through word of mouth , and grew into full-time small-business owners after establishing demand for their products.
Just be mindful of any regulations in your product category, especially for anything customers will eat, inhale, or put on their skin.
Brooklyn Candle Studio is one of many maker-owned businesses on Shopify that started on Etsy.
And Arounna Khounnoraj and John Booth are a couple who have been operating bookhou , an online and physical shop selling handmade goods and functional bags.
- How to Start an Online Food Business
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10. Build an audience you can monetize
In today’s connected world, the ability to capture and keep the attention of others is an asset. It’s one that many businesses are even willing to pay for and one that many creators are able to convert into a business with multiple revenue streams.
Whether you choose to grow your following on YouTube , Instagram, or a blog (ideally a combination of different channels), you have many avenues for monetizing your audience:
- Sponsored posts on behalf of brands
- Becoming an influencer
- Selling physical or digital products (via any of the ideas on this list)
- A combination of the above (they’re not mutually exclusive)
Taking an audience-first approach to your small business idea means you’re playing the long game (it might be months until you’ve figured it out). But you don’t need millions of followers to do it—Instagrammer Kat Gaskin, for example, pulled off a $10,000 product launch with only 3,000 followers for her brand, The Content Planner .
- How to Make Money on Instagram
- How to Get More Followers on Instagram
- How to Build an Email List that Builds Your Ecommerce Business
- What It Actually Takes to Become a Full-Time YouTuber
- The Right Way to Monetize an Audience (With Lessons From Wait But Why)
11. Start a pet business
The pet industry is ripe with opportunity for all kinds of small-business ideas. And it’s an industry worth more than $100 billion , so there’s plenty of demand. Your pet business could be product- or service-based—selling accessories, food, or toys, or offering grooming, walking, or training expertise.
Perkie Prints makes personalized printed pet products—everything from apparel to framed prints, plus fun projects in between.
On the service side of things, Let the Dog Out offers dog walking and “bathroom breaks” to its customers.
12. Create a membership program
Online memberships are ideal for entrepreneurs with an established active and engaged community . They work much like a subscription-based business—customers make recurring payments in exchange for a virtual product or service.
Memberships are great for managing members-only access to content on a website, and even for physical businesses that offer guided sessions online. Yoga studios, gyms, clubs, and art schools are a few examples of businesses that can easily take advantage of this business model.
Since this content is behind a gate that only paying subscribers can access, you can also host exclusive livestreams in addition to (or instead of) downloadable content.
Regardless of the route you take, be sure to record in a quiet space so the audio is clear and distraction free.
It’s also a good idea to use email marketing to keep your members informed of new content. Emails, video teasers, and customer testimonials are great ways to build excitement for new launches.
And it’s easy to start your membership-based business with Shopify. Set up a new product just like you would for a physical product, but create a name and description that tells people about your membership services.
Make sure to unselect “This is a physical product” to remove shipping options at checkout. (Note: Some of the setup required might change depending on which apps you choose to use later in the process.)
If you want to offer different options for your memberships, create variants. You can set different prices for each option and limit the number of times available, if needed, by editing each option.
13. Join an affiliate marketing program
Affiliate marketing refers to a performance-based marketing tactic where a business pays people, a.k.a. affiliates, to promote and sell products for them. Every time an affiliate brings in a new customer, they receive a commission from the business.
Affiliates can promote products on their blogs, social media accounts, or websites, or in communities. For many, affiliate marketing is a low-cost side hustle that turns into a profitable business over time.
To join an affiliate program, take the following steps:
- Find an affiliate program on sites like ShareASale , CJ , or LinkShare .
- Choose offers you want to promote.
- Get an affiliate link.
- Promote that link across your assets.
- Get a commission every time someone signs up or makes a purchase through your link.
Commission rates vary, depending on the company and offer. You could earn as low as 5% for each sale, while some commissions can be as high as 50% if you’re promoting a class or event. Some affiliate programs also offer a flat rate versus a percentage.
- Join Shopify’s Affiliate Marketing Program
- What is Affiliate Marketing? Examples and How to Get Started
- The 29 Best Affiliate Programs and Websites
14. Become a virtual event planner
Virtual event planning is a profitable business idea if you enjoy organizing and connecting people. Growing at 23% per year , the significant rise in business events and adoption of virtual tools for conducting meetings will keep this market growth high. As a virtual event planner, you’ll be responsible for creating virtual conferences, networking opportunities, and educational sessions for companies around the world.
Facebook’s move into the metaverse will open up new opportunities for event planners in the near future. Party.Space , for example, has raised capital to scale up its metaverse-themed virtual events business. If you want job security for the future, virtual event planning is a good way to go.
15. Start a landscaping business
Got a love for nature and outdoor design? A landscaping business is a great option for you. Landscaping, also referred to as lawn care, means modifying and maintaining the visible features of an area of land. You’re responsible for creating beauty out of natural, living elements like flowers, grass, and trees.
The US landscaping market is expected to grow at a compound annual growth rate (CAGR) of 4.5% until 2025 . There’s growing demand for residential outdoor landscape maintenance in younger households across the country. Competition in the market is moderate. You’ll face a few leading landscaping companies like TruGreen, as well as smaller local service providers.
16. Test app development
Creating a million-dollar app or your own business is not easy. In fact, 99.5% of consumer apps fail. Most apps don’t have product-market fit. They need a ton of marketing, and they’re expensive to create.
So, why bother putting this on our small-business ideas list? Because consumer app development isn’t the only path for entrepreneurs. New apps for the Shopify App Store crop up daily, with a market of motivated businesses eager to find the tools they need.
Sound interesting? Check out How to Build a Shopify App: The Complete Guide on our Partners blog to learn more.
17. Offer child care
There is a child care crisis happening right now. Coronavirus exposure, day care closings, and rising costs have left parents with no choice but to take care of their kids at home.
The rise in demand for child care services with a decreasing supply is a perfect mixture for starting a new business. President Joe Biden’s infrastructure bill has pledged federal spending to help fix the child care market too. If you enjoy taking care of kids and can get the proper licenses, a new child care business could be a good business idea for you.
Explore: Top 24 Achievable Business Ideas for Kids
18. Start an online coffee shop
Selling coffee can be profitable with a strong brand and the right marketing plan. Sure, coffee has a lot of competition. But that shouldn’t scare you away from this multibillion-dollar industry . Selling a high-commodity product like coffee has many benefits:
- There is a high volume of customers.
- Customers typically associate small brands as having a higher quality than corporate brands.
- There are many niching opportunities.
Because coffee is so widely available, it’s easier to sell. People already want coffee, you just need to make them want your coffee.
Learn more: Sell Coffee from Home: What Does it Take to Launch an Online Café? .
19. Become a handyman
I grew up with a dad who was a handyman, always fixing things around the house: a plumbing issue, installing tile, cleaning out gutters, putting up a fence. He was always the guy friends and family would call on for odd jobs around the house. If only the internet has been popular in those days, he could have built his own business website and offered his services locally!
The home repair and improvement industry sits at around $500 billion in market value. Whether it’s fixing a boiler or building a patio deck, if you’re a handyman who likes to fix things, this could be a lucrative business for you.
20. Sell your photography
Got a passion for taking photos? Turn your hobby into a full-time photography business. Today, you don’t just have to sell services for weddings and corporate ad campaigns. You can easily set up a store and sell prints, posters, NFTs, and more. Or you can sell your photos on stock photography sites.
21. Become a social media management consultant
As of October 2022, there were over 4.74 billion active social media users around the world. That’s nearly 60% of the world’s population. Between YouTube, Instagram, Facebook Messenger, TikTok , and all the other social networks available—brands need help managing their accounts.
A social media manager is responsible for creating and analyzing content for brands’ social accounts. Clients will pay you to create engaging content, write attractive bios, respond to comments, run ads, and more. You could charge by the hour or by project rate.
22. Start a beauty business
The beauty industry really pulled through the pandemic and the momentum continues to build. Our research shows that 55% of health and beauty business founders reported being satisfied with business performance throughout the pandemic and beyond. Businesses that sell online and offer different delivery services will continue to win.
Some product ideas with high demand are:
- Personal care products like hand soap and sanitizer
- At-home spa rituals like face masks
- Beauty technology like massage guns, smart mirrors, and makeup refrigerators
Learn more: How to Launch a Makeup Brand and Sell Online: The Ultimate Guide .
23. Housesitting and pet sitting
As travel increases, so does the need for home and pet care while people are away. And with the increase in remote work, long-term holidays are becoming more commonplace—so while you might be able to leave your home unoccupied for a weekend, a month-long trip may require some more care.
Housesitting and pet sitting are good business ideas to start if you feel comfortable caring for and staying in a stranger’s home, potentially with their pets.
You can create your own website on Shopify to market and sell your services, and there are also dedicated home and pet care websites and apps you can use. Here are some examples:
- HouseSitter.com : This website is for both house sitting and pet sitting. You can create a profile and apply to postings. People who need house/pet sitting can also browse sitters and reach out to them.
- Rover : Rover is a website and app specifically for pet sitting. On it, you can create a profile and apply to gigs. These arrangements include drop-in visits but not overnight visits or housesitting.
- Care.com : Care.com is a listing place where pet sitters can create a profile and list their experience. You can also apply to jobs posted by people seeking pet sitters. Care.com is also a good site to use if you offer senior care, tutoring, housekeeping, and child care services.
- TrustedHousesitters : TrustedHousesitters is a great place to start if you need experience or testimonials. The platform specifically prohibits paid gigs, so these arrangements are viewed more as an exchange—you get a free place to stay, and they get free sitting.
Note, some pet sitters offer on-site services while others care for pets in their own homes. You can even add a dog walking business element to appeal to a wider range of people. Regardless of your choice, it’s important to communicate this upfront.
If you want to try these successful business ideas, it’s always important to invest time into creating a great profile. Choose pictures that show you happy and smiling—ideally with animals (be sure to get permission from the pet owners first). Fill out every section of your profile so it’s complete. Be specific about your history caring for homes and pets, and remember to include any specific qualifications or certifications that may give you a leg up against another potential sitter.
Ultimately, the best plan of attack for these new business ideas is to use a combination of your own Shopify site and third-party platforms.
24. Phone accessories
Because so many people own mobile phones now, there’s a huge market for phone accessories. And there are many different ways you can go with these accessories—print on demand, handmade, niche by product type, dropshipping, and more.
Some ideas for phone accessories to sell include:
- Phone cases
- Car and desk holders
- Bluetooth speakers
- Portable chargers
- Wireless chargers
When listing your phone accessories for sale, remember to include which devices they’re compatible with. You don’t want to create a negative yet avoidable experience for customers who receive an item they can’t even use.
Learn more: How to Start a Phone Case Business From Home, Step by Step
25. Sell subscription boxes
If you’re not interested in creating your own products to sell, you can curate them. One of the best small-business ideas is to sell subscription boxes with curated products that follow a certain theme.
One of the great parts about subscription boxes is you can create them for pretty much every single niche out there. For example, featuring merchants and makers in your community is one of the best local business ideas for subscription boxes. You can also go for themes like yoga, beer brewing, or pets—the possibilities are pretty much limitless.
Like memberships, subscriptions are good business ideas to start because they create a recurring revenue stream. People have to proactively cancel their subscription if they don’t want to continue paying for it.
Subscriptions also lend themselves to collaboration. When you curate products from different merchants, you can get in front of their audiences—a whole group of potential new subscribers.
Learn more: How to Start a Subscription Business: A Brief Guide
26. Invest in vending machines
Here’s a unique business idea : vending machines. Yes, there’s money to be made with vending machines. Though the industry took a hit during the COVID-19 pandemic, projections indicate vending machines will bounce back.
Some of the reasons for decline include decreased foot traffic—fewer people shopping, traveling, and going to work—and hygiene-related hesitations around touching surfaces. So if you’re opting to go this route, you may want to take a forward-thinking approach and look for vending machines that offer touchless options.
The key to making this a successful business idea is to offer the right products at the right location. Do your research to find high-trafficked areas and understand exactly who is walking by and what they might need at that moment. With a strategic approach, vending machines can be a profitable business idea with small investment and an overall great business idea.
Three tips for choosing the best business idea
The small business ideas we’ve covered might be easier to run when it comes to logistics, but that doesn’t make them easy. There are at least three things you should keep in mind as you consider your options, no matter what business you decide to start.
1. Focusing on a niche makes marketing easier
As with any business, marketing is what unlocks your success. It’s not enough to know that there’s demand for your products—you need to figure out ways to reach the people that are most likely to buy them, i.e., figure out your target market. You need to get the right visitors to discover your products.
Luckily, marketing is a lot easier when you’re catering to a specific target audience or identity (e.g., vegans, board game lovers, photographers in your city). You can produce social media content that resonates with these people or run ads that target their interests. Taking this approach also helps you project a consistent brand because you’ll have a more specific idea of who exactly you’re talking to.
Think about how you can zero in on a specific audience for your products and how the business you build can serve them. If you already have a sizable audience (a blog, a YouTube channel, or an Instagram account), maybe you can even find a way to base your business off of that existing audience.
- The 17 Best Places Ecommerce Entrepreneurs Go To Find Product Ideas
- Opportunity Knocks: 9 Niche Market Examples With Untapped Business Potential
- Calculating Market Demand: How to Find Product Ideas Your Customers Want
2. Pricing is about more than profit
Price your products too low and shoppers might assume they’re low quality. Price them too high and you risk scaring some customers off. In any case, you’ll need to find a sweet spot that also lets you factor in the cost to acquire customers and offer discounts, especially if you plan on paying for ads . Getting your pricing right is something most business owners struggle with.
With many of the small business ideas explored in this post, you may not be shipping your products, but you still need to cover the cost of shipping. Consider your shipping costs and how they will vary in the different countries you want to serve.
Many online sellers try to bake their shipping costs into their retail price so they can offer free shipping or at least a reasonable flat rate. Others focus on encouraging shoppers to add more items to their cart with conditional free shipping (e.g., free shipping on orders over $50) to maximize their profit.
At the end of the day, your prices can be tweaked and you can experiment with a variety of pricing strategies until you find one that works for you.
- The Price Is Right: 14 Strategies for Finding the Ideal Price for Your Products
- Predicting Profitability: How to Do Break-Even Analysis [+Free Template]
- Five Ways to Grow the Average Order Value of Your Online Store
3. Test, learn, and grow as you go
The pursuit of perfection can be one of the biggest hurdles in getting a business up and running. Keep in mind that nothing is set in stone.
Products can be swapped in and out fairly easily (especially when you’re not stuck with stock). Your store can be redesigned. Your prices can be adjusted. You can switch to a better supplier. And you can validate all of these decisions based on the dozens of signals you have at your disposal (traffic, how much time people are spending on your site, reviews, abandoned carts, etc.).
If your idea just isn’t working out the way you planned, think about how you can pivot before you quit.
There are aspects of your own business you can always salvage if you try a different product or approach. The brand you invest time into creating and the followers you amass on social media or in your email list can be assets you repurpose for your next business idea.
- What are the Basic Ecommerce Metrics I Need to Focus on First?
- The Complete Guide to A/B Testing: Expert Tips from Google, HubSpot and More
How to start a small business
To start a business you need more than just a dream. To put the wheels in motion, you’ll need to:
- Use the time you have available: It’s good to have a balance of ambition and realism with your business aspirations.
- Identify a new business idea: This could come from your personal interests, a market opportunity, an experience—anywhere, really.
- Validate your business idea: This is where you identify if your idea is viable or not. Are people willing to spend money on this?
- Find a business name: A strong name should be short and simple, memorable, and original. If you need help, check out our tips for generating business name ideas .
- Make a plan: Your business plan is critical for keeping your business on track, as well as securing partners, investors, lenders, and more.
- Understand business finances: Open your business bank accounts, secure funding, and set up strong bookkeeping and accounting processes.
- Develop your product or service: The fun part! This is where you bring your product or service idea to life.
- Pick a business structure: Your business structure influences taxes, operations, personal liability, and more. Choosing the right business structure is about balancing the legal and financial protections you need with the flexibility offered by different options.
- Research licenses and regulations: Your business is subject to the laws governing businesses in your area, as well as laws and regulations specific to your industry. It’s important to understand this to avoid bigger problems down the road.
- Select your software systems: Accounting, email, ads, project management—you need an entire tech stack to run your business.
- Find a business location: Identify where you can open up a shop based on space, retail needs, and fulfillment needs.
- Plan workload and team size: If you plan to do all of the work yourself, you’re limited by the time you have available to invest. If you plan on hiring help, you’ll need to account for those costs—as well as the time involved in finding and onboarding freelancers or employees.
- Launch your business: Leverage your network, build buzz with promotions, and test paid ads to get word out about your newly launched business.
Coming up with great business ideas
There are many ways to come up with good business ideas of your own. You or someone you know might have a poor personal experience with a company—and you know you can do better. Or maybe there’s a complete gap in the market: for example, demand for a specific product but no one meeting it. Other ideas come from everyday moments, in the shower or right before you fall asleep.
Brainstorming business ideas
If you’re feeling stuck on good business ideas or want to come up with more, there are a few ways to brainstorm even further. Write down all your ideas. Keep a brainstorming board, be it tactile or digital, and plaster your ideas there whenever they come to mind. Then revisit it with fresh eyes.
There’s power in numbers, too. Recruit help from colleagues or friends and family to brainstorm new ideas. Survey your existing customer base or audiences and get their ideas. Look at what people are saying on social media or searching online. Start with lots of ideas and then refine your list to the top ideas to explore further.
Protecting good small business ideas
Entrepreneurs have a few options when it comes to legal protection of their small business ideas, both now and in the future. The right one depends largely on the types of businesses you’re talking about.
- Copyright: Copyrighting protects your intellectual property, meaning that others can’t use it without your permission. This applies to text, art, photography, music, graphic design, and similar mediums.
- Trademark: Trademarking is another intellectual property protection. Essentially, you “own” a word, phrase, logo, symbol, or design—preventing others from using it.
- Patent: Patents are applicable for inventions—a patent prohibits anyone else from making, selling, or using your invention in their business for a period of time.
- Confidentiality and non-disclosure agreements (NDAs): These legal documents prohibit people from sharing information, as outlined in the NDA.
- Non-compete agreement: If you hire employees or contractors, you can have them sign this document, which prevents them from working with direct competitors.
- Work-for-hire agreement: Another document—this one only for employees—that means any work they do during their term of employment belongs to the employer, not the individual.
Getting funding for a business idea
One of the toughest but most important parts of starting a business is finding the money to get your idea off the ground. There are a few ways to get funding for your business idea :
- Small-business loans: Shopify Capital offers funding for eligible merchants, who can apply to receive between $200 and $2 million in capital to grow their business.
- Investors: Lots of investors look for the next big thing—the types of businesses that go viral. Craft a pitch for your business idea to present to investors.
- Crowdfunding: Crowdfunding is similar to getting investors, except you need lots of investors who are each willing to make a small financial commitment.
- Fund it yourself: It’s not realistic for everyone, but less expensive business ideas make it easier to come up with the cash yourself . Just be aware of the risks involved.
Now go start a business
Thanks to a combination of technology, third-party suppliers, and the ability to quickly test ideas online, it’s easier than ever to build a successful business and start making sales without getting caught up in sourcing products, renting space, and managing inventory.
With this approach, you can test ideas before you invest in them, or start making good money part-time without all the inventory-related commitments that might stand in your way.
The small-business ideas covered above can even be combined in a variety of ways to start a business that’s uniquely yours. If the idea of sourcing, storing, and shipping inventory kept you from starting a business before, begin with an inventory-free, low-cost business model and grow from there. Use this list of online business ideas to get the creative juices flowing.
The world of self-employment can be challenging, but with a little hard work and know-how, you can work towards building your own business.
Ready to create your first business? Start your free trial of Shopify—no credit card required.
Business ideas faq, what are the most successful small business ideas.
- Ecommerce store owner
- Food trucks
- Personal trainer
- Pet businesses
- Online courses
- Online tutoring
- Personal wellness
- Bookkeeping and accounting
Get started with Shopify!
What are the top 10 businesses to start?
- Dropshipping business
- Selling print-on-demand shirts
- Sell digital products
- Become a blogger
- Sell freelance services
- Create homemade products to sell online
- Media (podcast, YouTube channels, etc.)
- Affiliate marketing
- Pet sitting and products
- Online fashion store
What is the easiest business to start?
The easiest businesses to start would be anything online: dropshipping stores, online courses, tutoring, fashion stores, or selling services. Online businesses require minimal startup costs and can easily scale, so you can earn more profit and do less work over time.
What business services are in high demand?
- Freelance writing
- Accounting and tax advice
- Consulting (content marketing, search engine marketing, etc.)
- Web development
- House cleaning
- Pet grooming
- Uber driver
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45 Low-Cost Business Ideas for 2023
Starting your own business doesn't have to be expensive. In fact, according to the Small Business Association, most micro-businesses (businesses with fewer than ten employees) are started for less than $3,000. Therefore we have picked our favorite low-cost business ideas to make starting your business easier. Using our detailed guide you can not only start your new business but turn it into a low-cost business idea with high profit.
Exploring your options? Check out additional small business ideas .
Best Low-Cost Business Ideas With High Profit
We’ve created a detailed guide for 45 low-cost business ideas and evaluated each one based on ongoing expenses, required skill level, and earning potential to help you get your business started today!
Teaching & Consulting Businesses
These business owners enhance their clients’ lives by imparting knowledge of a particular skill set, whether it’s related to their personal or professional lives. This list of low-cost business ideas is for veterans of the relevant industries who are looking to change pace and pass on their wisdom.
1. Acting Classes Business
This career is for dedicated actors or directors in the performance industry, so you will need at least a few connections within the business. Students will only want to enlist in your courses if you have some kind of credible performance reputation, but you’ll also need the teaching chops to instruct a class of acting hopefuls.
If you don't have one already, you'll need to rent or buy a proper space for teaching, including room the class can walk, run, or deliver dramatic monologues in. A small management and registration staff may be required as your business grows, but by some accounts, you can charge around $500 per student for eight weeks of classes at a rate of three hours per week.
Learn how to start an acting class business .
2. Art Consulting Business
Consultants in this business are art enthusiasts who work with both artists and collectors to get the right art to the right folks. Due to the huge variety of artistic tastes and styles, this is a career for people with extensive artistic backgrounds, from practicing artists to formally educated graduates with advanced art history degrees.
Ideally, you will want a presence within artists’ networks in order to connect with gallery directors and collectors. In terms of cost and compensation, a consultant will only need to maintain a low-cost professional website, and you will earn via commission, accepting 10%-15% of the art they buy or sell.
Learn how to start an art consulting business .
3. Art Lessons Business
The world of art is fiercely competitive. Although art appreciation is subjective, you will nearly always need a sizable foundation of natural artistic skill to make a name for yourself. But teaching side gigs can help, so that’s why some artists advertise themselves as teachers. You can instruct in small groups or tutor individual students, but the demographic is up to you, depending on whether you prefer to instruct adults or children.
Between few necessary ongoing costs (students can bring their own supplies and undergo lessons in your home) and a standard teaching fee of $40-$100 per hour, a growing art lessons business has the potential to earn you quite a bit.
Learn how to start an art lessons business .
Ready to form your LLC? Check out the Top LLC Formation Services
And, use our free tools to help start your business:
- Use our Business Name Generator for help brainstorming your new venture’s name
- Learn how to form an LLC , one of the best business structures for low-cost businesses
- Use our free business plan generator to start planning your business today
- Get your unique logo with our free Logo Maker and start branding your business
- After finding your perfect idea learn how to start a business and how to start a business with no money .
4. Relationship Coaching Business
Since it’s a form of therapy, building this business will require solid listening skills and an advanced degree in psychology. Some couples you’ll be working with will be attempting to repair a failing marriage, while others may simply be trying to hone their communication strategies.
Either way, due mainly to student loans, this one can be pricey to jump into. Once you have the degree and the counseling license under your belt, it’s not unusual to make about $130 per hour during a single session.
Learn how to start a relationship coaching business .
5. Home Tutoring Business
This is one of many home business ideas with low startup costs. A current or former teacher who identifies as a “people person” is the ideal fit for this job. Many tutors end up with a customer base made up exclusively of children, so it helps to be good with kids. You’ll want to spend time between sessions reviewing your next student’s progress and preparing for their upcoming lesson.
Self-organization and motivation are key in this job, so profitability depends on your work ethic and how quickly your business grows. If you are focused and persistent, $30 per hour could add up to solid profitability.
Learn how to start a home tutoring business .
6. Personal Training Business
To earn client confidence, a personal trainer should be a walking advertisement of their own successful diet and exercise regimen. You’ll be developing individualized sessions for your customers, taking note of their goals and cross-referencing those with optimal dietary advice and physical activity.
On average, personal trainers make $50,000 per year, but steady customer flow and dedication could see that price rise even higher. You may need to put forth an initial effort into acquiring a certification, plus $1,000 for advertising and a few hundred for liability insurance.
Learn how to start a personal training business .
7. Nutritionist/Health Coaching Business
People who love giving practical advice are often a great fit for this low-cost business. In this career, you’ll be working to find healthy goals that fit individuals. Consultations with clients will center around personalized plans and discussions of the latest trends in nutrition and exercise.
Regarding ongoing costs, there may be website upkeep, state licensing fees, and maintenance of exercise equipment. The average salary of nutritionists and health coaches is about $43,000 per year.
Learn how to start a health coach business .
8. Online Dating Consulting Business
People who genuinely care about interactions between other human beings may find themselves right at home running an online dating consulting agency. These business owners will meet with clients to help them write and edit their dating profiles, craft written responses, and even take pictures for their profiles.
Costs are pretty low to start, mainly just requiring a computer and a personal website. This is one of several low-cost business ideas with high profit, reaching as high as 95% on services.
Learn how to start an online dating consulting business .
9. Career Coaching Business
This career is best suited to great communicators, motivators, and those who love being around other people. Career coaches often possess advanced degrees, using these along with in-the-field business knowledge to enhance a client’s professional value or resolve challenges in the workplace.
As with any personal consulting service, you will need a certificate from a qualified program, along with liability insurance. Between these items and advertising, it may cost several thousand to begin down this career path. However, with the right clients, this job is a six-figure earner.
Learn how to start a career coach business .
10. College Planning Business
You can excel in this business if you possess a thirst for knowledge and a passion for helping other people. This job entails getting to know young adult clients on a personal level and determining where they’ll fit in the collegiate world. In this business, you’ll be meeting with families, analyzing student records, arranging college-visit itineraries, and strategizing through the admissions process.
This is a low-cost career to jump into, requiring little more than a computer, a website, and marketing materials to get your name out there. Experienced college consulting firms report salaries of $40,000-$80,000 annually.
Learn how to start a college planning business .
11. Project Management Consulting Business
Highly experienced business owners and other advisors with high-level business experience will be right at home in this career. Project management consultants will assess performance indicators, review project goals, and generally assist other businesses in making sound decisions about which projects to undertake.
The size of the agency will decide much of the overhead costs, including office space, computer & software maintenance, and upgrades to project management applications. Consultants in this agency can earn as much as $50,000 per year per client business, and it is not unheard of to accrue $1 million or more from large corporate clients.
Learn how to start a project management consulting business .
12. Test Prep Business
Some people have turned test-taking into an art so skillful that it has become a profession all its own. Current or former teachers may feel right at home in a business that emphasizes quizzing techniques, study guides, and familiarity with test prep books.
Between a professional website and gas money to visit your clientele wherever you agree to meet, the ongoing costs of this business are very easy on the wallet. If you advertise well and are good at what you do, you might end up hitting an upper-level five-figure salary.
Learn how to start a test prep business .
13. Music Lessons Business
Any musician skilled enough to make it in the world, from band instructors to symphony-quality violinists, may be qualified to conduct private lessons on the side. This will involve working with students, mostly of a younger demographic, to improve their skills with individualized lesson plans and practice music that challenges them at the right ability level.
Homes are a very normal place to conduct lessons, although some music stores offer discounted rental spaces to teachers who encourage students to make on-site purchases. You can charge an average of $45 per hour, and at 40 hours per week, you will approach six figures annually.
Learn how to start a music lessons business .
Find a Web Domain for Your Business
Securing a web domain and creating a quality website is important for the overall success of a business.
Find a Domain Now
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These low-cost business ideas are accessible, digitally-driven avenues of income for entrepreneurs of all walks of life. The fact that they are run completely online keeps startup and ongoing costs low and allows their owners to keep incredibly flexible schedules.
14. Affiliate Marketing Business
Affiliate marketing is the art of turning fame into a business. People who have managed to attract an audience are paid to endorse related products or services on their public platform. For example, if a popular nutritionist blogger endorses a new line of supplements.
Learn how to start an Affiliate Marketing Business .
15. eBay Business
Studious, business-minded folks with an eye for marketing trends can do quite well through eBay sales. You’ll need to be well aware of your competition, what their prices are, and how to create compelling product offers through imagery and effective ad copy.
Your main source of ongoing costs will be Ebay fees, insurance fees, shipping fees, and acquisition prices -- assuming you are buying your stock from other providers. Generating decent revenue will require a business plan that incorporates frequent transactions and higher-end prices for quality goods.
Learn how to start an eBay business .
16. Etsy Business
Etsy is all about handmade goods and vintage paraphernalia, making it an exciting prospect for artists who want to sell their creative works or other unusual collections. Etsy sellers will spend the bulk of their working hours producing art to sell, shipping it, listing new items, and addressing administrative issues like billing and restocking.
Etsy’s cut from your sales is relatively low, with 3.5% being approximately the highest amount you will have to pay for anything like listing fees or transaction/processing charges. The potential profits are extremely variable, depending entirely on what you sell and how often you sell it. Exposure through art blogging can greatly increase your exposure and hike your profits.
Learn how to start an Etsy business .
17. Social Media Marketing Business
Social media users with an intimate knowledge of platforms and a robust familiarity with internet marketing practices are ideal candidates for this line of work. There is an entire world of internet marketing strategies, including search engine optimization, digital sales monitoring, and ad campaign management.
Ongoing costs may include software and hardware upgrades, and time /money invested in keeping up with the rapidly advancing world of internet advertising. At the very top of the social media consultant payscale, you can expect $100,000 per year.
Learn how to start a social media marketing business .
18. Data Entry Business
Talented managers with strong logic and organizational skills will be comfortable in data entry, processing requests and organizing customer data. However, if you manage a data entry business with employees beneath you, most of your time will actually be spent acquiring new clients and managing client relationships.
With few ongoing costs particular to this business, you’ll mainly need to take care of internet costs and computer maintenance, which will depend on the size of your operation. This is a potential high-earning business, with the most efficient and talented agencies claiming 20% profit margins.
Learn how to start a data entry business .
Writing & Editing Businesses
These businesses with low startup costs focus on writing and editing content for a diverse clientele. They’re best run by people who are proficient with English grammar and familiar with various genres and writing styles.
19. Proofreading Business
Professional proofreaders are meticulous writers with a keen eye for detail and a firm grasp of linguistic mechanics like grammar and punctuation. The daily routine of a proofreader involves carefully reading a great deal of content, and making revisions to help the content reach its full potential.
Ongoing expenses are very minimal and revolve mainly around internet provision and the maintenance of a work computer. Some wage estimates place average proofreader salaries at about $48,000 per year, although that does not include freelance proofreaders.
Learn how to start a proofreading business .
Digital Art & Design
These low-cost business ideas require the use of digital tools to create and edit art and other media for clients. This can involve anything from editing family portraits to designing company logos.
20. 3D Printing Design Business
Artists familiar with three-dimensional mediums like carving or sculpting can combine their expertise with digital 3D modeling to capitalize on the growing trend of 3D printing. You will spend a good deal of your time designing 3D objects and selling them to consumers who own 3D printers.
Ongoing expenses may include re-stocking materials (if you are printing them yourself), maintaining a professional website, or if you are printing through a third-party like Shapeways, the printing fee that they will charge. The profitability of a business like this is comparable to other online specialty retailers, so it will depend on your ability to target the right demographics and advertise yourself effectively.
Learn how to start a 3D printing business .
21. Graphic Design Business
Graphic design is perfect for artistic entrepreneurs with an intuitive sense of business aesthetics and lucrative design choices. This line of work is all about executing projects for clients, collaborating with illustrators and other artists, and finding effective ways to represent client franchises in ways that will appeal to targeted demographics.
Graphic design software can become costly, but as you begin, the ongoing expenses are pretty low given that you’ll probably be working from home. Talented graphic designers with plenty of experience and positive client reviews can ask for as much as 50% profit margins, although your own business will earn a good deal less than that when you first begin your work.
Learn how to start a graphic design business .
22. Photo Editing Business
Modern photographers tend to know all about image editing, but anyone familiar with editing software like Photoshop may be a candidate for photo editing. The job itself is pretty straightforward -- you simply receive client photos and edit them.
There aren’t many overhead costs to run a photo editing business, so internet, advertising, and editing software are most of what you need to pay for.
Learn how to start a photo editing business .
Start a Low Startup Cost Business in Your State
Specialty craft businesses.
These low-cost startups rely on the allure of good old-fashioned, hand-cultivated specialty items. For some entrepreneurs, these business ideas may present the opportunity to turn an existing interest, hobby, or skill into a profitable venture.
23. Print Shop
Printing shops offer a variety of print and copy services to the public. This includes online printing, direct mail, and business printing.
Most printing stores offer additional services to the public, depending upon the specific needs within the community.
Learn how to Start a Print Shop .
24. Candle Making Business
Lovers of arts and crafts with a head for marketing may be a great fit for candle making. Aside from the creative process itself, candle makers will be ordering materials, photographing their creations, and finding new ways to market their products online.
Purchasing the materials and shipping them will be your primary ongoing costs, with online platform service fees cutting a little into your earnings. Earnings depend on the rates at which you make sales, but expect profit margins of 50% as you continue a steady candle-making business.
Learn how to start a candle business .
25. Soap Making Business
To excel in this low-cost business, you’ll need to love creating handmade products, but you’ll also have to pair that enthusiasm with strong marketing instincts and business acumen. As with any homemade product sales, you’ll spend most of your work life marketing online, running a social media business page, creating your product, and shipping it to your customers.
Consumable product materials will make up the majority of your ongoing expenses, and these expenses will increase in proportion to the size and success of your business. Profits will mainly be determined by your creativity, commitment, and long-term vision for success.
Learn how to start a soap making business .
26. Furniture Upcycling Business
Thrift store hunters and yard sale veterans can combine their sense of creative potential with carpentry or similar skill sets to begin a furniture upcycling business. Your time will mainly be spent searching for and acquiring new furniture, then working your creative magic to not only refurbish it but improve upon its original value.
The furniture itself will be an ongoing cost, as will any shipping fees, online sales platform fees, and tools/material components necessary to complete your individual projects. This is potentially a very profitable line of work, but ease into it as a side gig before making sure you’d like to turn your full attention to it.
Learn how to start a furniture upcycling business .
27. Bonsai Tree Business
Gardeners, herbology enthusiasts, and people who love all things miniature may want to consider starting up a bonsai tree business. Bonsai trees are beautiful and challenging to properly cultivate, so ongoing costs may include plant-growing equipment, formal training courses or other instructive resources, and rent for a quality storefront.
Online sales are probably out of the question given the delicate nature of a finely developed bonsai tree. Despite some heavier upfront investments and ongoing costs, bonsai trees can sell anywhere from sixty to hundreds of dollars if correctly grown and pruned.
Learn how to start a bonsai tree business .
Our lifestyle category is populated with low-cost business ideas that focus on improving customers’ quality of life. Whether the job centers around planning an event or providing day-to-day assistance, these businesses help people take a load off in the midst of their busy lives.
28. Personal Shopper Service
Extroverted helpers with good memories and navigational skills will excel at personal shopping. The timely delivery of select goods is the primary function of a personal shopper, making sure the client is satisfied and trusts your ability to deliver everything on their list.
The only ongoing costs you’ll be managing are gas prices/occasional car maintenance and as much advertising as you feel like you need. There is tremendous variability in profits earned through personal shopping, since your pay will generally depend on the quantity of good procured for clients and how quick and efficient you can be.
Learn how to start a personal shopper business .
29. Personal Styling Business
Skilled cosmetologists and other friendly fashionistas are all set if they have a reliable network of media personalities or other public faces. As a personal stylist, you’ll consult with clients about their desired image, utilizing a savvy intuition for the art of appearances paired with an up-to-date familiarity with modern fashion.
Ongoing costs are few and far between, as any clothing or cosmetic products will typically be charged to the customer or otherwise reflected in your prices. This is another one of many low-cost business ideas with high profit potential; profits may climb as high as $78,000, but this depends on your service fees and the needs of your clientele base.
Learn how to start a personal styling business .
30. Fashion Consulting Business
Fashion consultants keep up with the modeling world and all the latest cosmetic trends. Clients rely on their fashion consultant to help them pursue the right aesthetic by offering practical ways to adopt a natural, personalized self-presentation.
A fashion consultant won’t deal with much overhead beyond routine car use to meet with clients and maybe a professional website hosting fee. Fashion consultants enjoy an average annual income of $53,000.
Learn how to start a fashion consulting business .
31. Personal Concierge Business
A personal concierge is a highly organized creative problem solver with an excellent memory. The daily activities of someone in this line of work are difficult to describe because of their variety from person to person. From schedule management to grocery pickups and finance handling, this job’s daily services run the gamut of services performed, thanks to the concierge’s jack-of-all-trades adaptability.
Ongoing costs are low, including personal grooming, transportation, and self-marketing. The average salary for this position is tough to nail down, but it will depend on your employer’s finances and the difficulty of tasks assigned.
Learn how to start a personal concierge business .
32. Professional Organizing Business
To succeed in this role, you’ll need to be a creative developer of custom organizational systems, and you’ll have to help clients adopt your systems through personal instruction. As you meet with clients, you’ll be helping them to organize and manage time more effectively, install a new system for the organization of household objects, or efficiently organize important business paperwork for easy access.
Advertising and transportation are your only real ongoing costs here. Typical annual income ranges from $30,000 all the way to $115,000/year.
Learn how to start a professional organizing business .
33. Nanny Service (Babysitting Business)
The necessary traits for this job are no secret -- you need to love kids. If you are planning on developing a bigger operation, your time may be spent managing calls and reservations for clients, developing unified standards for your babysitter employees, and ensuring a proper fitting of babysitter to family.
Overhead costs will be the same for this business as most others, depending on office rent, company vehicles, rates charged, and an online marketing campaign. An individual babysitter will profit at about minimum wage, but employing other babysitters in your growing company can substantially improve your earnings.
Learn how to start a babysitting business .
34. House-sitting Business
This is an accessible job with a low-key work atmosphere for folks looking to supplement their existing incomes. In this job, it’s typical to take care of normal housepets, water the plants, shovel the walkway, and generally act as a guardian while the owners are away.
There are few ongoing costs beyond transportation, so you can enjoy almost the entirety of whatever fee you’re charging the homeowners. This business tends to be the most lucrative during holidays, but with a reliable reputation you can get work at any time of the year, making this an excellent side gig.
Learn how to start a house-sitting business .
35. Pet-sitting Business
Animal lovers who like to interact with a diverse range of creatures might consider starting up their own pet-sitting business. Compassionate, responsible folks can enjoy high levels of autonomy as they follow individualized pet routines to keep the animals under their care happy and healthy.
The job may come in tandem with house-sitting, so it doesn’t hurt to be generally familiar with home upkeep procedures like plant care and minor plumbing. You can charge flat fees or work by the hour as you see fit, and annual incomes will typically range from $30,000-$57,000.
Learn how to start a pet sitting business .
36. Dog-walking Business
Another job for animal lovers, this one focuses on canine companion care and the exercise they need. On a given day, a dog walker will pick up the dogs, take them on whatever routes have been agreed upon by clientele, return the dogs home, and manage appointments with new and existing clients.
Ongoing costs may include a variety of dog accessories such as treats, chew toys, quality harnesses and leashes, or transportation crates. Profits are dependent on how many dogs you can get onto your daily schedule, and how much you can reasonably charge -- running a dog-walking business with your own employees will earn you a cut of all profits.
Learn how to start a dog walking business .
37. Event Planning Business
Creativity, an eye for detail, and good planning skills all come together in the professional event planner. In this career, there is a great deal of customer interaction, marketing, and PR work to make sure that everything runs smoothly, and the occasion leaves all attendees satisfied.
Some ongoing costs may include office rent, insurance, business licenses, and advertising. Profits depend on whether you are acting as an individual or an owner with employees. And individual event planner may average $75,000 per year, but an owner can rake in $80,000 per year.
Learn how to start an event planning business .
38. Wedding Planning Business
For all the matchmakers and romantics out there, this business takes your sweet approach to life and transforms it into a lucrative endeavor. Helping happy couples establish realistic budgets, explore wedding locations, select catering, find the right music. Design invitations, and more.
Ongoing costs are low, consisting mainly of advertising, and you can avoid renting an office by meeting your clients in their homes. Profits depend on your location -- wedding planners in urban areas are more likely to earn upwards of six figures annually. Wedding planners can usually charge several thousand dollars per wedding.
Learn how to start a wedding planning business .
Cleaning & Maintenance Businesses
When people’s homes or yards fall out of shape, it’s common for them to call a pro to avoid the physically taxing cleaning or restoration process. The labor specialists who run these low-cost businesses save their clients time, and even money, by providing reliable home maintenance services.
39. Cell Phone Repair Business
A cell phone repair business focuses on repairing broken or damaged cell phones and tablets.
Learn how to start your own Cell Phone Repair Business and whether it is the right fit for you.
Learn how to Start a Cell Phone Repair Business .
40. Home Staging Business
The real estate market is very competitive. Homeowners who want to sell their property for the highest price need to present it in the best possible way to potential buyers. That is where a home staging business can help.
A home staging business helps homes appeal to ideal buyers by creating interior design which highlights the home's strengths and minimizes its flaws.
Learn how to Start a Home Staging Business .
41. Board Game Company
Many people enjoy playing board games with family and friends. Board game businesses design and make board games for people to play.
Despite the growth of online platforms, the board game industry continues to remain strong. It’s grown since 2013, and the industry almost broke $10 billion in sales in 2016.
Learn how to Start a Board Game Company .
Learn more about starting a business by visting the U.S. Small Business Administration .
42. Lawn Care Business
Physical stamina and a love of the outdoors meet skilled maintenance in the lawn care specialist. This is exclusively daytime work, so the job begins early in the morning with equipment check-ups followed by on-site work as specified by the day’s contracting lawn owners.
Equipment maintenance, insurance, advertising, and labor assistance are some of the ongoing costs to which a lawn care business must attend. A single lawn care specialist will work very hard to earn $30,000-$50,000 per year, but running a larger business with multiple crews will earn you a good deal more.
Learn how to start a lawn care business .
43. Pool Cleaning Business
To run a pool cleaning business, you should be self-motivated, comfortable working long hours alone, and ideally, you should enjoy working outside. If you’re marketing your own pool-cleaning company, this will occupy a good chunk of your time. But mainly, your duties will consist of chemical manipulations for clean swimming water, pool pump management, vacuuming, and pool basket emptying.
Supply costs are on the higher side for pool cleaners and may consume up to 20% of their revenue. Pool cleaning is fairly lucrative for a labor job, however, offering as much as $50-$60 per hour.
Learn how to start a pool cleaning business .
44. Handyman Business
Independent, hard-working people in robust physical condition can put their problem-solving skills to use by starting up a handyman business. There is a massive field of possibilities for someone in this low-cost business, depending on their knowledge of various domestic appliances and home improvement practices.
Ongoing costs can be troublesome for a handyman business, as it requires the right licenses and quality tool replacement. The profits may justify these deductions if your company targets a more challenging or unusual field of repair, which will permit you to charge accordingly for the value of your services.
Learn how to start a handyman business .
45. Cleaning Business
Last but not least on our list of low-cost business ideas is a cleaning business. Highly motivated people with energy to spare can be well suited to a cleaning business, which demands a great deal of physical exertion for long periods of time. Cleaning businesses can operate as general services, or specialize in a certain type of cleaning, like residential or office-oriented services.
Ongoing costs for cleaning supplies and equipment maintenance may prove higher than is desirable, but fast, efficient work makes for more customers and more money earned in a day. A smaller cleaning business can still make between $50,000 and $100,000 per year, which can really motivate you to remain on your feet those long hours.
Learn how to start a cleaning business .
- New Hampshire
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- Washington D.C.
- West Virginia
Home Business Ideas
There are a variety of businesses you can run out of your home, and because of the minimal overhead expenses, most of them can be started fairly cheaply. In this article, we outline our top 40 businesses you can start from home.
Online Business Ideas
Whether you’re looking to build an online empire or earn a little money on the side, one of the best things about owning an online business is having the ability to work as much or as little as you want -- from whatever location you prefer.
Unique Business Ideas
There are many ways to leverage American consumers’ fascination with trending specialty products and services. In this article, we discuss 40 niche, clever business ideas that are ideal for the modern entrepreneur.
Side-hustle Business Ideas
If you’re looking to scratch the entrepreneurial itch without giving up your day job, you’re probably on the hunt for a side-hustle that aligns with your personal interests and your schedule. These 40 side-hustles satisfy a range of interests and can easily turn into full-time careers.
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200+ small business ideas with low investment.
January 04, 2023
47 min read
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Small Business Ideas with Low Investment and High Profits Men and Women:
An entrepreneur struggles for capital that can enable him to successfully realize his idea. For any entrepreneur, a great business is one that is not capital-intensive. There are many small business ideas that require very less investment. These ideas, if executed well, can ensure that the business flourishes and is profitable.
A business idea with low investment is a very desirable proposition. However, most people are not sure what those ideas would be and how they could fit into their scheme of things.
Here’s a list of profitable business ideas with very low investments that might appeal to you.
Successful Small Business Ideas Creative Business Ideas Home Based Business Ideas Part-Time Business Ideas Low-Cost Business Ideas Online Business Ideas Profitable Business Ideas Big Investment Business Ideas Retail Business Ideas Manufacturing Business Ideas Renting Business Ideas
Top 10 Most Successful Small Business Ideas:
1. tuition/ coaching classes:.
What was your favorite subject in school? Did you sail through Mathematics like a wizard or did you have a special chemistry with Chemistry? If yes, a room, some chairs, a board, marker and duster are all you would need to start teaching a subject. If you know a foreign language like French, Spanish or German, you could easily impart lessons in such languages and start a small business without any great investment. There is always a demand for foreign language classes from students and professionals hence you need not worry about the pipeline drying up as an entrepreneur. The idea is not only about low investment and high returns, it also has a certain sense of cash inflow and demand predictability. For such businesses, you can start with a very small business loan too and there is no dearth of avenues from where you can get a basic loan to start this type of business.
Read More – Loan for Tuition / Coaching Center
2. Event/ Wedding Planner:
Weddings never go out of fashion. Whether the economy is booming or going through a recession, there is always a market for weddings. To add to it, weddings range from the “big fat Indian weddings” to very private gatherings. To put things in perspective, the Indian wedding market was estimated to be around $50 billion (around ₹33,000 crores) in the year 2017 and it is growing at a rate of 20 percent per year. This presents a huge opportunity for wedding planners who can ensure wedding themes, planners, decorators, and caterers are in place and immaculately plan and organize the entire wedding ceremony. It requires initial capital investment for staff, logistics, and arrangements for which a plethora of small business loan options are available at your disposal. While the initial investment is low, the returns that can be made once the business scales are significant.
3. Cooking Classes:
If the popularity of shows such as MasterChef is any indication, cooking classes may be a great business in India. It requires very low investment but can earn good profits. All you need is to set up a kitchen and equipment, the allied infrastructure, the raw materials, and cooking ingredients. Anyone who believes in the potential of this business would need to make a very low initial investment. They can avail small business loans from a wide range of financial service firms. Once the cooking class is set up, the proprietor can run several batches at the same facility. The Capex investment is thus limited, and small working capital investment would suffice to run the enterprise seamlessly.
4. Driving School/ Cab Service:
If one has good driving skills and can buy a vehicle such as a car, driving lessons can be imparted to people. With the same vehicle, the person can teach 10-15 customers in a month and earn a decent amount with minimum investment. It might not be very difficult to avail of a small business loan and buy a car. A part of the earnings from the driving school can be used towards repayments to service the loan. Depending on the savings, the fleet of cars can be expanded, more driving instructors can be hired, and the business can flourish. A person may also avail of a small business loan to buy a new car. If he has the required driving skills, he can enroll in a ride-hailing service such as an Ola or Uber. Once he does that, he can offer rides through the ride-hailing app and make money to pay off his loans and save for further business expansion.
5. Food Catering Business:
Everyone enjoys good food. A food catering business is never out of demand. All occasions such as birthday parties, weddings, anniversaries, etc. have food on offer and caterers are in demand to ensure that the food served is delicious. For a food catering service, all you need is a kitchen and a few employees to cook, serve, deliver and manage logistics. Did you always want to own a dream restaurant chain? You can start with a food catering business as it is a comparatively low investment and high return business. You can avail of a loan for the Capex investments and slowly build a great business. Considering our country and the celebrations, rituals, and events we have throughout the year, a catering service will always be in demand. It is one of the best small investment ideas in India. Read More – Catering Business Plan
6. Fitness Centres:
More than 65% of India’s population is less than 35 years old. The youth are a health-conscious lot and many of them are members of a fitness center or gym. They love to hit the gym and burn a few excess calories. The remaining 35% also comprises a lot of fitness enthusiasts and health-conscious people. Anyone who has trained in an area of fitness can start a fitness center. The space or infrastructure and equipment can be leased or bought. The space can be used for almost 16 hours a day as people like to walk into the fitness center at various times during the day. The idea of opening a fitness center is a business idea with low investment. Even if the person interested in opening this center cannot afford it, he has multiple avenues at his disposal to avail of a small business loan. It is a very profitable business idea as subscribers of the fitness center find it difficult to keep coming to the fitness center regularly but most of them pay an annual subscription.
Read More – Yoga & Gym Fitness Studio Loan
7. Computer Training Center:
We are in an era wherein there is a lot of demand for computer literacy and proficiency. If one has a basic idea of how to operate a computer and how to work with simple tools such as the Microsoft Office suite of products – Word, Excel, and PowerPoint, the chances of employment of the person are much brighter. Hence, there is a great demand to learn computers, programming and the booming areas in technology such as artificial intelligence, blockchain, data analytics, IoT, etc. Are you an expert in any such area? If yes, you can start a training center equipped with an internet connection, a few computers and learning aids such as whiteboards, projectors, etc. The business is driven by knowledge and hence the subsequent investment after the initial capex outgo is low. Multiple batches can be run for college students, working professionals, etc. and a handsome profit can be made on a very small initial investment. What’s more, a small business loan for such initiatives is easily available. You can visit Lendingkart.com for a business loan.
8. Boutique, Salon, Spa, etc.:
There is always a demand for personal hygiene, fashion and grooming-related services. Once you make an initial investment in the store and raw material, if you can focus on selling and brand partnerships, you are highly likely to turn it into a profitable business idea. A small business loan for the same can be easily availed. If you are interested in becoming your own boss with any such venture, the right time is now!
Read More – Boutique Business Plan & Wedding Bridal Boutique Business Loan
9. Real Estate Agent or Broker:
How about becoming a rainmaker for your own business? Sounds interesting. With a little research on the real estate market in the area and an understanding of the prospects for both commercial and residential real estate, one could venture into creating a real estate agency. If you have good communication and people skills, you are likely to attract buyers and sellers alike and broking a deal could help you earn a handsome commission. The investment required to start this is very less and as you build your network and start playing a role in more deals, the commission you earn can make the business venture a highly profitable one.
10. Web/ Social Media agency:
In the digital age, most companies want to spend their marketing budgets on advertising through digital channels and through paid social media campaigns. If you have a good knowledge of marketing, communications, branding, web presence management and social media, you could start your own venture to help companies establish a strong digital footprint. All you need is an office, a few computers, some skilled professionals and you are good to start. Are funds to start up a problem? You needn’t worry as there are many options to avail of a small business loan to start a web/ social media agency.
Other Lucrative Business Ideas include:
Creative business ideas:, 1. children play/adventure area:.
Starting a children’s play area is one the very profitable idea for a small business. The investment required for such a business is medium.
2. Tea/Coffee Café:
Working at a Café is a new trend. Having a well-furnished café with a good ambiance and a variety of Teas & Coffee is a profitable business. A rented/owned place with a small investment is required for starting a Café. Read More – Coffee shop Business Plan
3. Custom Gift Store:
A gift store is one of the best creative ideas. A customer is always looking for customization in their gift. Giving them what they need is surely going to benefit your business and increase profits.
4. Antique Business:
Opening a small antique shop with different kinds of antique items and furniture is surely going to pull the crowd. Antique business can become highly profitable if you find the right customers who are interested in antiques.
5. Game Organizer at Event:
A game organizer is in high demand at various parties like birthdays, anniversaries, etc. It is a creative business idea where you have to be good at communication and creativity.
6. Hot Air Balloon or Boat Ride Services:
This is one of the most adventurous business ideas. The investment required here is big and skilled manpower is required to assure customer safety. To start such a business, you need a bigger space.
7. DJ Services:
Be it any event, party, or wedding; DJs are always a priority. The pubs are completely dependent on the DJs to pull in the crowd. A person needs a good amount of skills and experience to make the crowd groove.
8. Chatbot services:
One of the upcoming businesses in recent years is developing a Chatbot. Many companies are incorporating chatbot services on their website. Building a custom chatbot as per the requirement will definitely yield high profits.
9. Interior Designer:
If you have a degree in Architecture, you can become an Interior Designer. Real Estate in India is booming day by day. It is expected to reach $1 trillion by 2030. In such a developing market, the need for Interior designers is always going to be high. If you’re skilled and have bright ideas to Turn a House into a Home, this business can do wonders.
10. Dance/Music Classes:
Dance and Music are two creative businesses. Both these businesses require special skills and lots of experience. One of the best things is you can start this business at your Home, with a minimal investment.
11. Ice Cream Business:
One innovative idea for a business is selling ice creams. Create unique flavors according to the seasons to attract your customer. This business requires special skill and patience to try out different combinations of ice cream.
12. Hair Business:
People might think of the Hair business as a weird idea, but the hair industry is one of the most profitable industries. The hair industry contributed $248 million in 2018. India exports hair to the US, Europe, China and the Middle East.
13. Ethnic Food Service:
Nowadays people do not eat to satiate their hunger but for pleasure. If you think you have amazing culinary skills that can make people lick their fingers out, then you should start an Ethnic Food Service at home. You just need to have the right knowledge of ingredients and the idea of the culture and region the recipe comes from.
14. Funeral Services:
Though it may sound weird, such services do exist and are making a good business in India. You need to provide services that might include transportation of the dead body and providing advice about the rituals. The services can also include providing all the materials required for the cremation ritual.
15. Doula Services:
With little training in childbirth and care, you can start your own Doula Service. The investment in this business is very less compared to any other business. The services include a prenatal visit, labor and delivery, and a post-delivery follow-up.
16. Organic Farming:
Organic Farming is being followed in India since ancient times. It aims at cultivating the land by use of organic wastes. With the increasing demand for organic grain in the market, Organic farming has gained a lot of popularity. If you have land you can invest in this small business.
17. Mobile garage service:
Most of the time cars break down in the area where there is no garage service. If you have a vehicle you can convert it into a mobile garage with a small investment.
Home Based Business Ideas:
1. home chocolate business:.
No matter what, chocolates will never go out of demand. May it be any occasion or event chocolates are a must. With little investment in the raw material, you can start a home-based business making chocolates. Home-made chocolates have a huge demand in the market.
2. Recruitment Services:
Recruitment service is one of the most lucrative businesses in today’s time. All you got to do is shortlist, select and appoint suitable candidates for jobs in the comfort of your house and earn a great commission out of it from the company.
Fashion and lifestyle today are one of the most money-making businesses. If you are a housewife or want to earn some extra income, then you can start tailoring services at home. All you need to have is a sewing machine and some fashion sense.
4. Tiffin Services:
Providing food has become a major business in industrial areas. For some working professionals who are unable to cook at home or who stay away from home in other cities, Tiffin Services becomes a convenient option. You can use your kitchen to cook fresh food and start this profitable business.
5. Hobby Class:
If you want to enjoy doing a business start a hobby class. Today, parents want their kids to learn as many things as they can and not waste time hopping around in the sun. you can start a hobby class for dance, music, and craft based on the skill you possess. The best time to earn in this business is during the summer vacations.
6. Yoga Class:
The wellness industry is growing in India. In this fast-paced life, people want to give some time to themselves and attain peace. You can start yoga classes at home and train individuals to live a healthy life with just a little investment.
7. Insurance Agent:
If you possess good communication skills and have great convincing power be an insurance agent. With little investment, you can start this business. There cannot be any other easy way to earn a good commission than selling insurance policies.
8. MLM – Network Marketing:
Multi-level marketing or Network Marketing is a business where you need to sell products and services of an associated company to earn profits. The income also includes a percentage of income from the sales group which is recruited by you. This is completely a referral business and you can operate from home.
9. Marriage Bureau:
One of the most productive businesses for housewives and retired individuals is Marriage Bureau. You just have to meet and greet people and with little investment, you can run this business from home.
10. Medical Sample Collection:
If you have marginal knowledge about the blood group and various medical procedures, you can start this business. It only requires you to collect body fluid samples and provide them to a pathology clinic near you. This is a less competitive business and can be started in a small place.
Part-Time Business Ideas:
1. errand services:.
If you think you have excellent management and planning skills, you can run this business efficiently. All you have to do is look out for errand tasks such as banking, grocery shopping, paying utility bills, delivering things, etc. and earn through the services you provide.
2. Party planner:
If you enjoy planning and organizing, how about being a party planner. This is the most exciting job as it involves creativity. This business is in very much demand in the metro cities due to their party culture.
3. Accounting and Record-Keeping:
If numbers excite you then you can start an Accounting and Record-Keeping business. A finance person with experience in an accounting job can earn through this business by rendering their expert services. You need special training for this business but can start on your own with very little investment.
4. Day Care Services:
These days many parents rely on daycare centers to care for their children while they work. While some parents may just consider a professional daycare center to be the safest option for babysitting, others consider a homely environment for their children the best. So, if you like children and don’t mind spending a few hours of your day caring for them then you can start a Day Care Service center.
5. Sofa Cleaning Services:
People are getting busier each day. They do not find time to clean their furniture at home and office. If you enjoy cleaning, then you can team up with some semi-skilled or unskilled manpower and start a Sofa Cleaning service with the help of the right equipment.
6. Visa Consultant:
Consultants are always in demand. If you have knowledge about various rules and regulations of visas and can guide about the documents required in the process you can establish a Visa Consultancy firm.
7. Personal Chef:
If you love cooking and hold expertise in cooking various cuisines, you can be a Personal Chef and generate income from your services. This business requires you to invest in mainly the cooking apparatus as well as the ingredients.
8. Sports Coach:
If you share the love for sports and hold a degree in sports coaching, you can train children or individuals who want to make a career in sports. You will need to personally train the individual so he can achieve his goal.
Low-Cost Business Ideas:
1. mobile food shop:.
Mobile Food Shop is the top small business idea as people all over the world love to eat tasty and healthy food. This is a business that you can start with minimum investment and gain maximum profits as no one can ever refuse tasty food provided in a hygienic manner.
2. Fast Food Parlour:
Fast food is the first choice for people who are hungry and do not have access to home-cooked food. If you provide tasty and hygienic food at an economical rate you will gain quick profit.
3. Diet Food Shop:
These days people are too conscious about what they eat. You can find fast-food joints everywhere in the rural and urban areas, but we hardly have shops that provide healthy diet food. Therefore, starting a diet food shop is an excellent idea for a small business.
4. Health Drink:
Due to social media, people are well aware of what is good for their health. They have started opting for health drinks over carbonated drinks. Juices like neem, beetroot, and carrot are too much in demand. Thus, starting a Health Drink stall is a good business idea.
5. Ice Dish & Soda Shop:
Ice Dish & Soda Shop is one of the lowest investment businesses with maximum profit. All you need is to invest in the equipment required to make the drink, like ice snowmaker and soda maker.
6. Courier Shop:
If you are quite efficient in delivering a message, package, or letter from one place or person in the required time, this business is for you. You will require semi-skilled workers to manage the business.
7. Laundry Shop:
Every individual loves wearing fresh clothes that smell good. If you are efficient in providing good laundry service this business is for you. You can employ a few unskilled workers to help you manage the task.
8. Candle Making:
Candle Making is an art but you can make this art into a profitable business if you provide bulk orders by using available machinery through marginal investments.
9. Soap Making:
Organic and herbal soaps are in demand in the market. If you have the skills to make soaps using various ingredients, then you can make this hobby a business.
10. Idol Making:
If you are creative and have the skills to make idols, then you can start a business making idols. We are an idol-worshipping country and during festivals like Ganesh Chaturthi, Durga Puja, etc idols are in great demand.
11. Bag Making:
After a ban on plastic, this area of business is flourishing as there is a huge demand for paper bags from malls and shopping units. You can use your creativity to make bags from jute, cotton, etc to sell them online or offline.
12. Pickle-Papad Making:
Pickle-Papad Making is one of the best home-based business ideas that women engage in since earlier times. You start this business part-time or full-time as per your convenience.
13. Fruit Jam Making:
Home-made fruit jams are fondly relished by people as they are free from preservatives. You can make this into a profitable business with less investment provided by various organizations.
14. Career Counselling:
If you understand the work trends and the careers that are in demand you can opt to be a Career Counselling. You can start this business from home. Nowadays parents and teachers lookout for good Career Counsellors so they can guide children in pursuing a career for their future.
15. Religious Items:
India is a country of multiple religions and languages, there are various customs and traditions that people follow. The requirements of religious items for engaging in various customs are different. Religious items such as Diya, Dhup, Murti, and Shankha are always in demand. Therefore, this business is favorable in areas where there is a religious organization nearby.
16. Pest Control:
The pest control business is slowly becoming one of the top businesses in the metro cities. Everyone wants to live a healthy life free from diseases caused by insects and mosquitos. Thus, the Pest Control business is a good option in the metro cities.
17. Paan Centre:
Anyone can open a Paan center as it does not require any skill. It is a low-cost business idea and involves the preparation and sale of paan and other related items. You can also sell small items like biscuits and chocolates along with paan.
18. Landscaping Service:
Through the landscaping business, you can provide clients with lawn services to keep their yards groomed and can also plant flowers, trees and shrubs. To start this business, you need to have the knowledge to plant flowerbeds and gardens to raise the value of a property. As the property rates are going high this business will give you maximum turnover.
19. Aquarium Shop:
The aquarium is a low-cost business where you need to take care of the fish tank and provide Professional Aquarium Leasing and Maintenance for offices or Homes. The aquarium is considered good for Vaastu therefore this is a good business with less investment.
20. House Repair Service:
Every now and then houses need maintenance and repair thus House repair Service is a lucrative business idea. If you have knowledge about construction along with a few skilled workers, you can start this business.
21. Palm Reader or Astrology:
Palm reading is a practice of predicting the future of a person by examining his/her hands. It is a convenient business and a person having the skills of a palm reader can earn a moderate sum through this business.
22. Fumigation Services:
Through Fumigation Services, gaseous pesticides are sprayed or filled in the infected area to get rid of pests. The fumigants or pesticides poison the pests in and around the area. One needs to have a clear idea of the chemicals used in the process to run this business.
23. Spy & Security Services:
No one can be trusted in the present day. Due to this the need for Spy & Security Services arrived. Many people use such services for their homes and offices
24. Car Pooling Services:
Car-pooling is a type of car rental designed to be convenient for people who want to use cars for relatively short periods of time. Car sharing services offer casual drivers the option to rent a car by the hour or day. Due to awareness about pollution and traffic control, this business is booming day by day.
25. Software Training:
If you are an expert in computer languages such as C, C++, JAVA, HTML, etc. you can start a business of software training from a small rental area or from your house.
Online Business Ideas:
A weblog which is also called a blog is maintained by a blogger to give out information about a subject. Blogging has gained momentum nowadays as it helps generate traffic and there is demand for bloggers in the market. Therefore, this can turn into an amazing online business in today’s time.
Video blogging or vlogging is an affordable avenue to use to help your small business grow. Video blogging is an innovative way to increase your brand awareness. You can upload your blogs on YouTube and make money out of them easily. All you need is confidence in front of the camera and some editing skills to start with.
3. YouTube Channel:
By 2021, it’s estimated that 82 percent of all internet traffic will be for video. Starting a YouTube channel gives you a powerful medium to produce and distribute video content, which is only going to become more important day by day. Youtubers help individuals and businesses build influence, income, and impact with YouTube and online video.
4. Freelance writer:
Freelance writing is any sort of writing assignment that you do for pay, outside of a staff position. You can meet clients and write content for Web pages, Blog posts, magazine articles, newspaper articles, etc many companies nowadays hire freelance writers for their business.
5. SEO Expert:
An SEO company offers search engine optimization services to businesses to help them improve their visibility online. Search engine optimization is the process of making changes to your website design and content to make your site more attractive to search engines. If you are somebody who has expertise in this area, then you are good to start an SEO Business.
6. Hosting Paid Webinars:
A webinar is an online event that is hosted by an organization/company and broadcast to a selected group of individuals through their computers via the Internet. A webinar allows a speaker from the hosting organization/company to share PowerPoint presentations, videos, web pages, or other multimedia content with audiences that can be located anywhere. If you are someone with good domain knowledge, then this is an exceptional business idea for you.
7. App Development:
Application development involves creating a computer program that performs different tasks that a business requires. The application helps businesses automate tedious processes like calculating monthly expenses to scheduling sales reports, to increase efficiency. Many companies require this service so if you have the software skills you can make App development a profitable business.
8. Affiliate Marketing:
Affiliate marketing is the most profitable way to make money online. It is the oldest form of digital marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission. You can start this business with very little investment.
9. Products Sell on Facebook:
Facebook has more than 2.3 billion monthly active users as of December 2018. Other than being a popular social networking website Facebook provides the facility to make your own store or group online. If you have a product or service with some marketing knowledge you can sell it online on Facebook and make money out of it.
10. Domain Flipping:
Domain Flipping is the business of buying a domain at a lower cost and selling it at a profitable amount. It is a simple business that can lend you a lot of revenue without much effort.
11. Sell Photos Online:
There are many different websites to sell stock photography to be used further for making graphic designs or other resources. You can create portfolios of your images and earn money. There are many different websites to sell stock photography that can help you expand your business.
12. Stock Market Trading:
Stocks are a type of security that gives the investor a share of ownership in a company. Brokers buy and sell stocks through an exchange, charging a commission to do so. A broker is simply a person who is licensed to trade stocks through the exchange. A broker can be on the trading floor or can make trades by phone or electronically. This can be a profitable online business if you have good communication skills.
13. Data Entry:
Data entry is one of the easiest business ideas where one can earn by adding data using the desired software hosted on a computer and its data entry operators who perform these tasks. The benefit of this business is that you can start a business with no previous experience.
Profitable Business Ideas:
You can start an eatery that serves food and drinks to customers in exchange for money. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services which is the need of the hour. This business requires a lot of planning and hard work. With a few skilled workers, you can start this business at a medium investment from any organization.
2. Readymade Namkeen Breakfast Shop:
Namkeens are easy Breakfast that can be had on the go. You can start a Readymade Namkeen Breakfast Shop across the street as people prefer readymade Namkeen and breakfast instead of cooking at home and it is an easy snack.
3. Mobile Sales and Repair:
The mobile phone business is growing exponentially. If your customers who buy phones from you ever need mobile repairing services, there are high chances that they will come to you to get their handsets repaired. Your mobile repairing business can be a highly profitable business venture if it’s run in a professional way. The best thing is that you can start this business with a very small investment and with little experience in the same.
4. Package Drinking Water:
The demand for packaged drinking water is growing exponentially in small towns and cities in India. This is an evergreen business and there is a place for everyone who wants to step into this opportunity. The investment required in this business depends on the size of the business and the clients you hold.
5. Jewellery Production & sale:
If fashion is an area where you thrive, and you have a talent for creating unique jewelry then you can start this business. You can build a name in the local market and ask for referrals from previous customers to excel in this business.
Milk and milk products are always in demand. All you need is a small shop and cold storage facility to run this business. You can serve milk, sweets, and related products and establish a dairy business.
7. Commercial and Industrial Machinery Equipment Rental:
Offering commercial and industrial machinery and equipment for rent to various industries like construction, mining, transportation, and forestry machinery could be a profitable business idea. These firms generally do not own a store-front facility. As this heavy machinery are usually very costly, companies prefer renting them instead of buying it. This business requires moderate investment, but the returns are high compared to other businesses.
8. Travel Agency:
A travel agency is a public service related to travel and tourism. You need to have good communication skills to start this business. You can also operate from home and do not need to rent a place for starting this business. You can provide Air, Road, and Railway travel tickets to start with. This business is in huge demand in metro cities.
9. IT Hardware shop:
Hardware shops provide hardware items building materials, plumbing materials, etc. to huge electrical materials. To start this business, you need to have knowledge of the products. On average good performing, hardware makes a net profit of 10% on its daily sales.
Big Investment Business Ideas:
1. textile unit:.
The textile industry is currently contributing 2% to India’s GDP and 15% to the export earnings of the country. Opening a textile unit firm means supplying different types of fabrics for the fashion and apparel industry. The shop should be in an area where there is demand and the factory should be in an area that is well-connected.
2. Rice Mill:
Rice Mill involves the postproduction of rice. the equipment and machinery will help remove the husk from the rice to make it edible. India is still the largest exporter of Rice in the world therefore this is a profitable business.
3. Beer and Wine-Making:
In the last few years, the wine industry was at high growth, a $30 billion industry for both domestic and international wines. Therefore, starting your own beer and wine company is a diverse opportunity for business startups.
4. Manufacturing Fabrication Plant:
Metal fabrication is the creation of metal structures by cutting, bending, welding and assembling processes. It is a value-added process involving the creation of machines, parts, and structures from various raw materials. You need skilled manpower and a lot of machinery for this business.
5. Crane and Lifting Service:
Crane and Lifting Service deliver the right lifting equipment and service to match the customer’s needs. You need specialized maintenance services and spare parts for all types and makes of industrial cranes and hoists to start this business.
6. Transportation services:
To start a transportation business, you will need to decide which type of business you intend to create. The type of company you think of establishing should be determined based, among other things, on the need and competition in the area you decide to work in. You can start a taxi service, bike rental, or bus service as per your investment in the business.
7. Car Parking Services:
If you have a huge vacant area outdoors that you can use for business purposes you can start a Car Parking Services business. It is a recent concept as the number of cars on road is increasing.
8. Petrol Pump & Gas Station:
Gas stations offer various fuels to motorists including petrol, diesel, and LPG and CNG gas. Petrol Pump is considered to be a very beneficial business. If you open petrol pumps at a decent place, you can make a lot of money.
9. Marriage Halls:
There are marriages and events happening every now and then in India. This gives rise to the demand for Marriage Halls. If you own a property that can be converted into a big hall that can accommodate 800-1000 people, you can start this business and rent it to people looking for ceremonies, weddings, parties, etc.
10. Luxurious Car Services:
The sale of Luxurious Cars has been reduced because despite the desire to buy such cars not many can afford them. The demand for Luxurious Car Services has increased in the market. In this business, you need to purchase luxurious cars and lease them. People rent luxury cars for special occasions or to make airport transport easier.
11. Imported Furniture Store:
According to data from The Retail Owners Institute, the gross profit margin for retail furniture stores has risen slightly from 43.8 percent in 2014 to 45 percent in 2018. For this business, you can import furniture from China, UAE or other countries. You need a huge capital to start this business.
12. Electronic Store:
We are now living in the age of electronics. Electronics are tied into so many different aspects of our life. So, starting an electronic store is a profitable business but you need to have information about the products. The amount required to invest in this business may vary according to the products you provide.
13. Art and Collection Shop:
Professional artists can start their own art businesses. Starting an Art and Collection Shop requires a little business planning, a whole lot of marketing, and most importantly, the ability to create work that resonates with people.
14. Video Conference and Board Room Services:
With businesses operating more globally and at a faster pace than ever, there is an increasing need to bring together remote participants using a variety of video services for conferences, training, or regular information-sharing sessions without the requirement for extensive travel. You can make business by providing digital solutions that enhance convenience, improve productivity, and save companies crucial time and money.
15. Night Club:
If you are a night person and love music and dance, you can make others groove by starting a nightclub. The investment is big as licenses and good quality sound equipment are required to start this kind of business.
16. Poultry and Fisheries:
Poultry and Fisheries have now become popular rural enterprises in different states of the country. Apart from eggs and chicken, poultry also yields manure, which has a high fertilizer value. This becomes an added profit for the business.
17. Building Construction:
A construction company is a capital-intensive business. You may need to rent or buy heavy equipment or purchase material in bulk. A solid business plan can outline your assets and make the case for your new construction company to access funding from investment sources. This is a business with high investments that can provide higher outcomes.
18. Solar Farm:
Solar farms are replacing croplands that don’t generate enough income from traditional farming. Solar farms use solar panels to generate huge amounts of renewable electricity that can be used by individuals for commercial and residential purposes. Building a solar farm is a capital-intensive business but the Returns on Investment (ROI) are worth it in the long run.
19. UPS Business:
UPS business involves buying and selling UPS. You can collaborate with major UPS companies like APC and sell their products to make business.
20. Auto Modification Services:
Custom car shops appeal to automotive enthusiasts who are in love with engineering and designing. This business is needed because of the large demand for vehicle customization. You need to have a creative mind to start this business.
21. Chemical Unit:
The chemical industry landscape has opened new doors of opportunities for chemical buyers and sellers. This business has a huge export potential and requires huge investment.
Gold Ornament Shop: Starting your own Gold Ornament shop business is a great way to tap into the jewelry industry. A small jewelry store can be started for as little as $20,000. The cost may vary depending on your location.
22. Printing Press:
Our society is so much influenced by the printing press. Nowadays, running a printing press is a successful business. We can print books, newspapers, invitation cards, magazines, posters, flyers, pamphlets, envelopes, business cards, and stationery items. Operating a printing business requires a few specialized pieces of equipment, and can be operated as a home-based, storefront, or online business.
23. Peer 2 Peer Lending Business:
P2P lending is a business where one lends money to individuals or small and moderate businesses through online services. To start a Peer 2 Peer Lending business, you need to open an investor account for starting this business. Though profitable, this business involves great risk.
24. Internet Service provider:
An Internet service provider (ISP) is a company that provides customers with Internet access. There is a huge demand for the internet thus starting this business makes sense.
25. Computer Class:
If you have knowledge of computers and can teach others the same, then you can start a Computer Class. All you need is a few computers and a space where you can set up your business.
26. Hotel Business:
The hotel business requires huge investments and manpower. To start this business, you need to buy or rent an establishment that provides lodging and, oftentimes, meals and other services for travelers and other paying guests.
27. Oxygen gas bottle:
To start this business, you need to invest in quality equipment, a healthy supply of cylinders of liquid oxygen, compressed oxygen, and flow meters. You need to remember to maintain a safe, hygienic environment for your equipment at all times. You can own cash to cover start-up and operating expenses.
28. Car Battery:
If you are seriously thinking of launching a car battery business, get advice from someone who is already in the business. Every vehicle needs a battery may it be a two-wheeler or a four-wheeler. Therefore, the Car Battery business is a very good business idea
29. Cement Business:
India has a huge potential for infrastructural growth. When the future involves the development of 99 smart cities, you can expect positive growth in the cement business. Opening a cement business can get you on the path to a secure financial future but it’s important to plan out the business in detail before you start.
30. Spice or Masala Powder:
Spices from India are going places, with exports on course to top $3 billion in the last few years. Spice Powder Making Business ensures a good return with low investment.
31. Money Lender:
Lenders are businesses or financial institutions that lend money, with the expectation that it will be paid back. The lender is paid interest on the loan as a cost of the loan. The higher the risk of not being paid back, the higher the interest rate. This business involves money therefore, you need to carefully lend money to people who can return the borrowed money with proper documentation.
32. Nursery school:
The demand for good nursery schools is growing in the city. Now is the perfect time to consider opening a nursing school. To start this business, you need trained staff and a huge space to start this business.
33. Modelling Agency:
If you are interested in representing fashion models, to work for the fashion industry then you should start a Modelling Agency. These agencies earn their income via commission, usually from the deal they make with the model and/or the head agency. The top agencies work with big-budget advertising agencies and fashion designers.
34. Pathology Lab:
Indian diagnostic market is growing at nearly 15-20% and is estimated to be currently worth 40,000 Cr. Setting up a pathological lab can be an extremely lucrative business idea.
Retail Business Ideas:
1. grocery store:.
Grocery stores sell food and other household items. Often called supermarkets, grocery stores are go-to sources for a home’s food needs. grocery shopping is an integral part of human life, and any such business that appeals to life sustenance is sure to become profitable if it is handled properly.
2. Organic Food Store:
The organic food store is another niche in the grocery business idea. To succeed in the organic food business, it is essential to have a proper plan on how to get authentic organic produce on a regular basis. Location is another very important thing to consider as you have to set up in an area where the people are health conscious and can afford the high price of organic produce.
3. Hardware Store:
A hardware store typically sells hand and power tools, building materials, plumbing supplies, cleaning products and much more. A hardware store has a lot of components to the business that requires detail-oriented planning. You need to research and find a developing area to start this business for its success.
4. Auto Spare Part Store:
Auto Spare Part Store is a cash-intensive business. With substantial capital investment and strategic planning, you can initiate this type of store. Starting an Auto Parts store is a fulfilling way to make money.
5. Stationary & Book Store:
Stationery items are always in demand whether be it a school or corporate. The best place for running stationery and bookstore is always nearby school or corporate the chances of getting more business and good profit is very high. In this business, investment is not required and no special skills are needed.
6. Cosmetic Store:
As people are nowadays becoming more beauty conscious so the demand for beauty products has increased than before. Ladies are always in search of a cosmetic store. This business too needs a very small investment.
7. Leather & Perfume Shop:
This is another form of small business in which you need to keep products like bags, belts, wallets and perfumes. These kinds of businesses are always evergreen businesses with good products and small investments.
8. Xerox Shop:
Xerox Shop is a good business for making profits. A Xerox Shop is available in every locality. This itself proves the success of running Xerox Shop along with other products like bookbinding, lamination and small stationery items. The investment required too is low. The best location to start up this business set up would be schools, colleges, offices, etc.
9. Beauty Salon:
Beauty salons are now among the emerging business in India. The beauty care segment is most likely carried out by ladies. This business demands some special skills related to skincare. The person carrying out this business should have undergone special training and courses related to skincare and have good knowledge of beauty products. Investment required for this small business start-up is very low or else you can even opt for a franchise for a well-renowned brand.
10. Medical Diagnostic Center:
Medical care is essential in today’s world. Day by day there is a new disease affecting the health of people, so timely health and medical check-up have become very important. With proper medical check-ups and advanced analysis, we can be safe from many prone to diseases. The investment required for running this business is substantial.
11. Photo Studio:
The photo studio is a business that can be started up with very less investment. Business success depends upon the skills and ideas that you have in the photography line.
12. Safety & Security Products Retail Business:
In today’s world safety and security are all that one needs. So, the safety and security products in the market are always in good demand in the retail business. For starting this business, you need to have products like helmets, safety lockers, CCTV cameras, etc.
13. Herbal & Ayurveda Products Retail Business:
Herbal and Ayurveda exist in India for a very long time. Ayurveda is a proven medicine for healing and curing diseases with no side effects. The herbal and Ayurveda medicine manufacturers are now booming in the health segment. Especially after the entry of Patanjali into the industry. This is the right time to start up with herbal and Ayurveda products retail business with moderate investment and get better profits.
14. Scrap Store:
You can also earn a profit from scrap stores. In this business what you need to do is collect scraps like newspaper, plastic, and other discarded material.
15. Gift Card Shop:
You will find at least one gift shop in all locality. Today’s world is much excited about forgiving and accepting gifts. The gift shops also possess a good amount of revenue. The gift shop business consists of business or personal giftings. Gift shop businesses require proper location and a good collection of gift cards. Gift cards are used widely on every occasion.
16. Optician Shop:
You may have even noticed there would be at least one optician shop in all areas. Eyeglasses are mostly used by the majority of people. Due to the constant climatic changes, there are often eyesight issues caused to people of all age groups. To start up with an eyeglasses business you need to have sunglasses, contact lenses and different trendy frames for specks. The rate of the products depends on the quality of the products and business location.
17. Seasonal Business:
Seasonal Business ideas are another form of business in India. This business start-up can be done with a small investment. Your business depends on the seasonal and festive needs of the consumers like crackers, raincoats, woolen clothes, etc.
18. Utensil Shop:
Utensil shopping business is a never-ending retail business idea. Requirements for starting this business is you need a suitable shop and inventory of steel items. The success of this business depends upon the location of the shop and the quality of utensils.
19. Foam Mattress:
Thinking of starting your own foam mattress business? Starting of manufacturing foam business is among small investments. You either can become a trader or a manufacturer.
20. Business Idea of Ice:
A business of ice can be started up with a very low investment. Ice is a commodity frequently used by us day-to-day for cooling.
21. Tattoo Shop:
Today’s generation is crazy about tattoos and ready for paying any amount for a good designer and trendy tattoo collections with them. The tattoo business is among the upcoming business for earning good profit. The only thing you need to know is the skills required for tattoo making or having skilled people for the same.
Manufacturing Business Ideas:
1. honey making:.
The honey Manufacturing business is another form of small business. Honey processing can be performed in two different processes manual and automatic. Starting your honey manufacturing business is easy and convenient for people planning for small-scale business.
2. Manufacturing toys:
The toy Manufacturing business is a top booming industry in the Indian business segment. Starting up a new Toy Manufacturing business is very profitable. Before setting up the business unit we need to have proper research on the prototype and raw materials required for toy manufacturing. There is machinery available in the market by which you can produce an ample number of toys and earn more profits. The toy Manufacturing business can be started up with very low investment and then further expanded.
3. Manufacturing of Plastic bottles:
If you are looking for starting up your own business venture, currently there is a booming rise in the plastic products manufacturing business. Day by day the demand and supply for plastic bottles are increasing. Before starting up with the manufacturing of plastic bottles you need to have proper knowledge and expertise in injection moulding and manufacturing. You also need to complete some legal formalities like getting up your legal documents ready, factory license number, GST number, etc.
4. Fertilizer Manufacturing:
India is the third-largest manufacturer of nitrogenous fertilizers in the globe. The fertilizer manufacturing business can be started with very low investment or high investment. If you are new to this business start with a small investment with compost fertilizer from waste items, and soon you understand the business expand your business.
5. Water Filter and bottling Plant:
Water filter and bottling plant is a commercial enterprise and one of the prime requirements nowadays. The role of the mineral water bottle plant is important for this industry and to society. For setting up a business water filter and bottling plant you need to have ample space and skilled manpower. The investment required for this business is very high.
6. Furniture making:
Furniture is an essential part of our daily life. The furniture business is also to be considered a booming industry. Furniture always has its never-ending demand from schools, colleges, offices, and homes. If you have ample space with you and skilled workers to start furniture making.
7. Production of Leather related items:
Production of leather-related items is always in huge demand in the market. Leather products such as bags, footwear, garments, etc are some leather-related items that have huge demand and are used in day-to-day living. If you get proper manpower you start up your business of production of leather-related items.
8. Electrical Fitting Production:
Electricity has become essential for our day-to-day living. We cannot even imagine a day without electricity. In today’s life, there is a high demand for electrical fitting production in the market. But even though the investment required in this business is not so high as compared to others, with a small investment we can start up an electrical fitting production.
We will now next cover the details related to the Embroiderer business. To start up with this business you need to have a creative design idea for embroidery. Creative designer Embroiderer can be done with low-end machines or by sophisticated tools. This is a lucrative business and can earn a good margin.
10. Carpet Making:
The Carpet making business is among the creative business and is among the large business opportunity. Starting up a carpet-making company with a good creative mindset would lead to a highly profitable business. Before starting this business, you need to know the appropriate skill before starting the business.
11. Ceramic Tile Maker:
Ceramic Tile business is another profitable business as Tiles are required in every household. The investment required is high in this business.
12. Kitchen Utensil maker:
There is a huge requirement for Kitchen Utensils in every house. Starting a Kitchen utensil business is a great idea in terms of the profit that it will give.
Renting Business Ideas:
1. atm space rental:.
A commercial space always yields good profits. Renting your space to Bank ATM will yield fix monthly profits.
2. Car/Bus Rental:
The car rental business has grown since Ola & Uber came into existence. Buses are in huge demand for family functions, weddings, etc. Start a Car/Bus rental business with a business loan from Lendingkart.com
3. Construction Equipment Rental:
The real estate industry in India is booming day by day. Due to the high costs, developers prefer getting construction equipment for rent. Starting this business will result in high profits every time.
4. Fancy Dress Renting Business:
Starting a Fancy-dress business is a low-investment business idea as you need to buy dresses that fit kids as there is a huge requirement from school kids for school events. Start your fancy-dress renting business and earn handsomely.
Starting a Decorator business is always a great idea as every event requires decoration material, chairs, stage material, etc. Though the initial investment in this business is high, it will yield a profit at every event as the same stuff will be used.
There are many more such ideas wherein the investment required is low, but the profits can be significantly high. Such lucrative ideas mostly depend on your people and networking skills, knowledge in niche areas, and latent demand for the same in the market. If you are bitten by the entrepreneurial bug, take the plunge today. If financing your venture is a stumbling block, visit Lendingkart.com .
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How to start a business with no money: 22 low-cost business ideas
Real businesses that people have started for under $1,000.
If you want to create a business to change your lifestyle and finances, you may not have a ton of cash to invest in the venture. That doesn't mean you don't have options. I asked around and was inundated with all sorts of ideas for low-capital business ideas you can start with minimal upfront investment.
How to choose your next business idea
The business ideas here are just the tip of the iceberg of low-capital opportunities. As you review the examples and come up with your own ideas, here are a few tips to be sure you're keeping your head on your shoulders.
Consider your skills . If you build on what you already know, you won't need to invest in extra training to get started—and you can begin faster with credentials.
Use your current equipment . You may not have the best tools to start, but working with what you have until revenue flows makes it more accessible.
Fit your timeline . Some businesses (like a landscaping business) can turn a profit relatively quickly, while others (like a blog) will take time to gain momentum.
Lean on existing tools. Check to see if there are existing marketplaces for what you're building. Think: Etsy for makers, Rover for dog walkers, and Upwork for freelancers. Just be aware that you'll have to pay for the convenience of tapping into an existing customer base.
Think about your income and lifestyle goals . Do you want a full-time gig or supplemental income ? Are there particular hours or seasons you do or don't want to work? Building a business takes time and effort , so you want to make sure you choose a path that aligns with your plans.
Make sure you have an audience . A business has to live at the intersection of what it can offer and what customers want. Be sure to validate your business idea to make sure enough people are willing to pay for your products or services to make it worthwhile.
Remember: because you're starting a business with no money—or very little—you'll need to be much more strategic about the rest of the process.
Local low-cost business ideas
Remote work is a hot topic right now , but there are still plenty of business opportunities in your community. Here are some locally-based low-capital businesses you can set up for around $1,000 (or less!).
1. Landscaping business
If the idea of sitting at a desk all day makes your skin crawl, a landscaping business could satisfy your need to get outdoors. Upfront costs can be as low as $500 , especially if you start with the equipment you already own. Landscaping work is typically seasonal, so you can use automation to help run your landscaping business during the busy months.
2. Baker or personal chef
Calling all Great British Bake Off fans: have you considered selling your creations? You'll need to check home bakery laws in your state, but if you're already a baker, you likely have some of the equipment you need.
Colin Johnson founded Company Bread from his home in Connecticut. "To get started, all I needed was a $50 license, a $100 food safety course, basic ingredients, and some equipment for larger production quantities. I also invested in a domain name for my website, so the total initial overhead was around $1,000," he shared. "I was able to make up for those costs within a few months."
Colin also shared a few words of advice for folks starting a new business from scratch: "You should be able to deliver the same level of service to your 10,000th customer as you did to your first customer. It involves more forward-thinking than I realized, so think about how to scale your business model early. Even if you're not investing a lot of money, you need to be investing a lot of time."
If you love music or just enjoy hyping up a room of teenagers at a Bar Mitzvah, you might consider starting a DJ business. Depending on what equipment you have and what you need to buy, you can start a DJ business for around $1,000.
Learn more: 5 ways automation can help entertainers streamline work and maintain an online presence
4. Pet sitting and dog walking
For some animal lovers, spending every day with furry friends is a dream job. Typically, the startup costs of setting up a pet sitting or dog walking business are limited to licensing and insurance (though some platforms like Rover will cover those costs for you). If you're looking for something a bit more passive , services like Sniffspot let you rent out your yard to local dog owners.
5. Organizing service
Do you live by the Konmari method and binge organizing shows on Netflix? Turns out you can get paid to do that. You can spend as little as a few hundred dollars to set up a professional organizing service and go on to earn an average of $55 an hour .
6. Furniture refurbishing
You know those satisfying power washing and cleaning video compilations? You can live that. Picking up damaged couches for free or cheap on places like Facebook Marketplace, cleaning them up, and reselling them is a great business for anyone with a truck and a couple strong people to help. TikTok creators Cameron & Sadie called the gig "the easiest side hustle." Take a look.
@cameronandsadie Easiest Side Hustle! 😊 #furnitureflip #furnituremakeover #sidehustle #sideincome #flips #couchflipping #couch #flippingcouches ♬ FEEL THE GROOVE - Queens Road, Fabian Graetz
7. Thrift store flipper
If you want to sell goods without large inventory costs, try buying discounted items and selling them to a niche audience. People who don't live near a thrift store or are looking for really specific types of items will love what you offer. Building an audience around a particular theme makes looking for inventory and building a brand easier. For example, the Vtgspice storefront on Depop sells '90s-era shirts and sweaters.
8. Used book reseller
You can buy books from a thrift store, library sales, or estate sales and sell them to an online audience. If you use Fulfilled By Amazon (FBA) , you don't even need to hold onto the books and ship them to sellers.
9. Personal concierge
A personal concierge is similar to a personal assistant, except you'll help multiple clients. As long as you have reliable transportation and a computer or smartphone to manage online tasks, there isn't much more you need to get started .
Learn more: Take inspiration from these tips put together by an executive assistant at Zapier .
Online low-cost business ideas
If you want to work without leaving the house, there are plenty of home-based business opportunities with low startup costs.
10. Virtual assistant
Much like a personal concierge handles local tasks, a virtual assistant helps people manage their work and life from the comfort of their own home. The virtual assistant world is flexible , since you can specialize in general admin tasks or niche business areas like social media management.
Caroline Marshall , founder of Upsource , shared that she "set up as a VA in 2020 investing very little money. I now have a multi-award-winning VA agency company that became an Ltd company last month. A VA business is a great one to start with very little costs."
11. Build a blog
Creating and monetizing a blog is one of the most popular ways to earn money online. James Taylor , an SEO consultant , recommends looking at your hobbies if you aren't sure where to start.
"A hobby blog, in particular, is a great way to get started because you're never going to run out of content ideas. You know what people are searching for because it's your hobby, and you've no doubt searched for similar things in the past. You'll also know what products and information people will need to get started."
While there are some startup costs, your main investment to get your blog off the ground will be time. Mushfiq Sarker , founder of The Website Flip , noted that "the skill sets needed to build a website include SEO, content marketing, and some technical knowledge of how to put a website together. The benefit here is that you can get started for $10 to host a website and then use free platforms like WordPress. As for learning the ins and outs of the business, there are hundreds of YouTube channels and blogs covering these topics."
Once you have your blog set up, you have a few ways to earn money. Robert Jones , founder of Property Investments UK , noted that blogs "can be monetized in different ways (many low-cost and no-cost) from partnerships and affiliates, through to display advertising and selling your own products."
Learn more: Automated workflows to help you promote and publish your work
12. Coaching and consultation
Have something to teach? Rather than starting a blog, you could begin offering coaching or consulting sessions. Costs can go into the thousands if you let them, but you can also start small with a simple website and marketing. Once you've tested the idea and made some money, you can add to your business.
Paige Arnof-Fenn , founder and CEO of Mavens & Moguls , said "setting up any type of consulting or coaching business on the cheap (under $1,000) is possible because all you need is a website, logo, name, email, business cards, online stationery for proposals and invoices, cell phone, and a good idea to get going." Paige recommends skipping printed materials like brochures and letterheads to save money.
When you don't have the cash to invest in a business, you can lean on your time and skills. Alex Birkett , co-founder of Omniscient Digital , shared that "service businesses tend to be the easiest to bootstrap since you're selling your own time." Alex and his co-founder David Khim began their agency in their free time outside of their jobs. They kept initial costs low by doing the work themselves and putting off hiring help until they had client cash flow.
The most in-demand freelance skills include web design, social media marketing, and online chat support. But the opportunities to serve clients are endless. Laura Roeder , founder of Paperbell coaching software , offered a tip for freelancers:
"Many new entrepreneurs think they need advertising, a fancy brand, or an expensive site to get going, but a freelance business just needs one thing: clients! You can start by pitching opportunities on sites like Upwork or Fiverr, which costs nothing. Or look for people who need what you have on Facebook Groups, Reddit, or Twitter."
Liz Heflin , founder of MACE Writing , also praised freelancing as a business with low barriers to entry. She shared:
"When I started freelance writing, it was 2006. I had my $200 laptop and an Internet bill that cost me $50 a month. That's it. That was the entirety of my overhead. I worked 100 percent remotely from my apartment, and I found all my initial jobs on the writing gigs section of Craigslist (of all places). Flash forward sixteen years, and I'm now a content marketing consultant and the founder of MACE Writing. My laptop has upgraded over the years, and I pay for things like a website and hosting. However, my overhead is still incredibly low."
14. Stock photographer
If you already spend time photographing the world around you, why not sell some of those images? You can sell stock photos to earn cash on the side. You can start cheaply and quickly if you already have a camera—even the one on your phone.
Will Yang , Head of Growth at Instrumentl , also suggests aerial photography:
"The overhead costs associated with this type of business are relatively low. You won't need to lease office space or purchase expensive equipment. All you need is a drone and a camera to start offering your services to various clients, from real estate agents to wedding planners. The demand for this kind of service is often high, so you can charge premium rates and remain competitive."
15. Travel planner
Some people just want to be told what time to get to the airport, while others love researching every last travel detail. If you're the latter, think about selling travel planning as a service .
16. Affiliate marketing site
Affiliate marketers promote a product and earn a commission on its sale. If you create a website centered on a personal interest, you can use affiliate marketing to monetize the content.
Freelance writer Elise Dopson did this with a website focused on her dog's breed. It took her about six months of work to get nearly 7,000 monthly visitors to the site and earn £120/month with Google AdSense and Amazon affiliate earnings. She said the most challenging part about getting started is finding the time. "The work itself (including setup) is pretty easy. It's just finding spare time to get the stuff written," she said.
Super happy with how my affiliate site is coming along. Started last August and now have 6.7k+ monthly visitors from organic search with <25 posts published on the site 💪 pic.twitter.com/gm9nxt7ybp — Elise Dopson (@elisedopson) August 17, 2020
Hey, multilingual folks: you have a valuable skill set. Startup costs as an online translator are nearly zero , especially if you start looking for work on a job site that quickly connects you with clients.
Dropshipping lets you sell online without keeping piles of inventory in your living room. Since you only pay suppliers after making a sale, your startup costs are mostly limited to supporting software.
19. Home tutoring
Digital resources make it easier than ever for you to help students worldwide and earn extra cash. Jamie Irwin , founder of Straight Up Search , recommends that tutors "take advantage of today's technology by utilizing online teaching platforms like TutorCruncher , Skype, and Zoom."
20. Online community
Online communities give you a place to connect with an audience, share resources, and turn a profit. They're also cheap to start. Jimmy Daly , co-founder of Superpath , used a small investment from a personal advisor to build the business in its first year . While it was the perfect setup for him at the time, you don't have to find capital to get started.
"The upfront costs for Superpath were minimal. A Ghost website, Slack, ConvertKit, Zapier, Stripe, Airtable, Notion, and a few other tools. I ran the business for $500 a month for nearly a year. It was so, so lean. If someone is willing/able to do it without a salary for a while, a community-based business is a great option because it's nearly free to start," Jimmy shared.
The hard work paid off since the Superpath Slack has more than 7,000 members (and is one of my favorite Slack groups for marketers ), plus a paid Superpath Pro membership.
If you have an idea to help an audience, but don't want to work hands-on as a freelancer or consultant, you might try building an app.
Alex Kracov, CEO and co-founder of Dock , shared that he started his tool as a Webflow product. "We built the initial version in Webflow (for just the cost of a subscription) and were able to prove the idea. As the business matured, we invested more money into the company. Still, we started the initial business for under $50 per month. TLDR - I think software businesses can start with low investment upfront, especially if you take advantage of no-code tools like Webflow, Glide, Zapier, Bubble, etc."
Learn more: How to create an app using no-code tools and Zapier
22. Job board
The great resignation presents a unique business opportunity: job boards. Tomas Laurinavicius , co-founder of Best Writing , built a job board for writers.
"When the pandemic broke out in early 2020, my friend Ed and I built a job board for writers using no-code tools like Webflow, MailerLite, Airtable, and Zapier to glue everything together. The building part was pretty quick and cheap (under $100 for software and four weekends to develop the early prototype). We bet on SEO and started by growing our organic traffic and curating writing jobs from other public job boards. We created a free weekly newsletter and began charging companies to reach our audience."
Olivier Breton , founder of Niceboard , also applauded job boards as an easy-to-enter business: "Job boards make for great side hustles (most of our customers are profitable within just two months) and can easily evolve into full-time businesses (we have customers doing six figures in profit through their job boards) with very little upfront capital."
Automate the busywork of your business
Deciding to start a business, even a low-cost one, is a big decision. You have to be ready to contribute time and patience while building your reputation and revenue. But there are a few things you can do to safeguard your time and money.
Jenn Prochaska , founder of The Write Difference , offered guidance for refining your business idea before getting started : "Decide what one overarching principle guides everything you'll do (e.g., empowerment, community, security), what problem you solve, and for whom you solve it," she shared.
Nail down your business plan early to help guide your decision-making later on.
Invest in insurance. Allison Grinberg-Funes , a UX Content Strategist at Liberty Mutual, suggests entrepreneurs "research the laws in their state to see if they'll need a license or certification. And budget for and buy business insurance." The details matter.
Automate the busywork. If you're running your own business on a budget, let the robots take care of the grunt work for you. Here's how to know when to automate .
Have a little more than $1,000? Here are businesses you can start with $10,000 or less .
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Steph Knapp is a freelance B2B + SaaS content marketer that loves educating and empowering curious humans. When she's not typing away, you'll find her volunteering at the animal shelter and obsessing over a new hobby every week.
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Low-Cost Business Ideas: Startups under $100, Cheap, and Free!
Aspiring entrepreneurs, do you want to start your business but don’t have much money? No worries.
Here are tons of low-cost business ideas that you can launch right away. Some of these business ideas get be started for free with no money ($0 zero dollars)! Other business models are cheap to open at $25. The balance of new business concepts has startup costs of less than $100.
Low Cost Startup Ideas
- Startup Costs $0 – $25
- Startup Costs $0 – $50
- Startup Costs $0 – $75
- Startup Costs $0 – $100
Compare these low startup costs to the average small business startup cost of around $3,000! The costliest startup investments are office space, employees, materials, inventory, and marketing expenses (such as websites, business cards and brochures). These low-cost startup ideas dramatically reduce startup outlay by eliminating these high-priced purchases.
Most of these business ideas can be started at home and run as a home-based company. This cuts out the expense of monthly rental fees for offices, warehouses, and storefronts. Further, reduce your startup costs by utilizing items you already possess such as your expert knowledge. Get started in business cheaply by using what is in your head, your garage or other people tools, materials and supplies.
Want to start a business but no idea what? Read my comprehensive guide for the new entrepreneurs
The secret to starting a business on the cheap is to use more hustle and less cash. Instead of buying expensive ads for your new company, make free phone calls or drop by and visit potential customers directly. This low-cost startup strategy requires less money, is often more effective and is dramatically more profitable.
Let’s get started – getting you started in your own business for the lowest cost possible.
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Low Startup Cost Business Ideas
Startup costs $0 – $25, music lessons & singing instruction – startup costs $0 – $25.
If you are musical, can play an instrument or sing, your talents can earn you money.
Costs to startups are low because your students will bring their own instruments for their music lessons. You will need to purchase some sheet music or songbooks for various student levels. Buy them used on eBay to get started on the cheap.
Voice singing lessons are among the most profitable and lucrative. Market your services to local community theater troupes and high schools.
For this business idea, you do not even need a website, since most of your customers will be local. Get a low-cost business card ( $25 for a discount full-color business card at PsPrint) and distribute it in schools, theatres, concert halls, and libraries. your startup costs or even lower as in just a business card or flyer.
>>Check out my list of the safest new business ideas here
Pet Sitting – startup costs $0 – $25
Every community large and small needs pet sitters. You can charge $25 per visit and per animal. Most clients will ask you to come twice a day or to stay overnight for which you could charge $100 0r more.
Almost no start-up money is required besides an inexpensively printed business card or flyer (Get 200 color cards for under $25). Your clients will supply all of the food, leashes and pet toys for you to use while visiting their animals.
Learn More :
- How to start a pet sitting service
- Check out these great pet sitting business name ideas
Dog Training – startup costs $0 – $25
If you know how to train dogs you are in an excellent position to start making money. You can meet your client’s dogs at local parks or their homes to train them for basic commands such as sit, down and drop it.
Get new customers by demonstrating your training skills at a local pet store. Distribute your business cards at local veterinary offices, dog daycare, and dog groomers.
Dog Walking – startup costs $0 – $25
Continuing in dog business ideas, dog walking is a profitable and easy cheap business to start. You do not need to be a certain age nor do you need a license to begin walking dogs for profit.
Create a flyer or inexpensive business card and distribute it at local veterinary offices, pet shops, and dog parks. Moreover, hand out your flyers to busy professionals at offices and apartment buildings. Before long you will have many barking customers.
Color postcards are a good marketing investment because they can do double duty as a handout, substitution for a business card and also be mailed as direct mail. For under $20 you can get full color, a two-sided postcard from PsPrint here.
Sell Used Books – startup costs $0 – $20
There’s a strong demand for many types of used books especially textbooks, classic literature and foreign language. It’s an easy and cheap business to get started. Almost every library, yard sale, and thrift shop have shelves full of used books for purchase at low prices.
In fact, you don’t have to buy any books to start with. Begin by selling the ones you have at home on your bookshelf. You’d be surprised that you can make hundreds of dollars from books on your bookshelf.
As your acumen and capital grow you can buy books in bulk from auction houses and resell them. These are the best places to sell used books
Need help calculating your startup costs? Learn how to correctly estimate your startup budget and capital needs – including costs list by industry in my guide here
Cleaning Company – startup costs $0 – $25
This is a low-cost startup because you can utilize all the supplies and materials you already have to clean your own houses – such as vacuums, mops, and brooms. Advertise your services with a low-cost business card (200 color cards for $25) or flyers. Begin by contacting your friends family neighbors and colleagues for referrals. Here are tons of name ideas for your cleaning company.
Taxi Service – startup costs $0 – $25
Gone are the days you needed to save up and buy an expensive taxi medallion to start making money giving people rides. Now with ride-sharing platforms like Uber (learn about driver requirements here), you can begin profiting from driving people to their destinations today. Assuming that you own a car there is virtually no start-up fee. Your gas expenses will be covered by your earnings.
- How to start a taxi service
Tax Preparation – startup costs $0 – $20
Here you can learn and earn at the same time! The top tax preparation firm, HR Block will train you to prepare tax returns (for free) – from your home or offices. Here’s how to enroll at the H&R Block income tax course
- How to begin your own tax preparation business
Software Trainer – startup costs $0 – $20
Do you know how to use popular software such as QuickBooks, Microsoft Word or Google Docs? If so, great, because there is a growing market for software training for individuals and professionals.
Consider conducting small group classes in your area. You could operate training classes at your local library or community center to save on office rental fees. Or you could sell private one-on-one sessions held at clients’ offices or homes.
Start-up fees are essentially zero. All you need is a business card, a flyer, or neither. The cheapest way to start is to call local businesses offering your software training services. Start your software training business for less than the cost of a pizza – under $25 for a discount full-color business card at PsPrint!
Ebook Author – startup costs $0 – $25
Do you love to write novels, short stories or how-to books? If so, you can self publish them in electronic format, as an e-book, and sell them online in Kindle on Amazon. Get started self-publishing on the Amazon Kindle Direct publishing. Here is how to get started as an ebook author.
Digital Camera Instructor – startup costs $0 – $25
Digital cameras are expensive and complex. Beginner photographers want to learn how to use their cameras for the best photographic results. If you are a photographer or hobby photo enthusiast you can share your knowledge for a fee. Consider these photography business name ideas
Consider putting up a flyer in your local photo store, art frame store, art gallery, and school to attract customers. Another option could be to conduct a class at your local community center and then offer further one-on-one tutoring for your students. Further target customers are adult ed students.
Ebay Sales – startup costs $0 – $25
You can start listing products on sale on eBay for free tonight! You do need to buy inventory. Start by looking around your home for items to sell. Go ahead and photograph them with your cell phones, upload listing and start selling for cash.
You may be shocked at how many unwanted items you have and how much profit potential there is. Once you begin to make sales you can invest that capital and purchase items for resale.
Many successful eBay vendors scout thrift shops, garage sales, flea markets and antique shops for interesting items to resell.
When your capital increases, you can buy products in bulk for resale. Look for inexpensive overseas items or liquidation outlets (here is a liquidation directory) as good sources for resale.
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Startup Costs $0 – $50
Event planning – startup costs $0 – $50.
This is a great business start-up idea for people who love to entertain and are highly organized. You help businesses, brides and families to plan special events such as retirement parties, weddings, and business networking.
Use your personal experience of planning large events such as family reunions or birthday parties to develop your skills. This experience will help build your important contact list of vendors and venues. Find your perfect event planning company name on this list of ideas.
Promote your services inexpensively with social media posts, business cards, and simple brochures. Color brochures used to be very expensive to print. Happily, for us lean entrepreneurs, that is no longer the case. For under $100 hundred dollars you can get a brochure designed and printed in full color at PSPrint.
- 5 things to consider before starting an event planning service
Dropshipping – startup costs $10 – $50
This inexpensive way to start selling products online does not require any upfront money for inventory. Your manufacturer vendor will ship products directly to your customers upon ordering. Some vendors will even put your company logo on their items.
You can sell on your own website such as my eCommerce recommendation – Shopify – or on auction sites such as eBay.
I strongly caution you to do thorough research to be sure that you have found a reliable and proven company. Oberlo is the dropshipping division of Shopify, the best dropshipping eCommerce software. They have a seamless set up connecting your eCommerce website to their dropshipping products with one click. I love how they let you start for free to check out the software before you have to pay.
- Ultimate checklist for launching a dropshipping business
Etsy Shop Owner – startup costs $0 – $50
Online marketplaces such as Etsy have made it easy for people to open their own online shop. For under $50 you can set up your shop and begin to sell items.
These items could be those that you handcrafted, other artisans work, art that you own or even items you purchase for resale. The cheapest way to begin is to sell other people’s work and get a commission. Once your capital grows you can purchase supplies and create your own crafted items to sell.
Here’s some expert Etsy tips on how to invest low amounts such as 10 to $25 to make your Etsy shop successful.
- Rags to riches using Etsy
Errand Service – startup costs $0 – $50
This business idea is focused on helping busy families and small businesses to get their errands completed. Your services could include, grocery shopping, taking returns back to the store, mailing packages, taking children to appointments and animals to the vet.
Start-up costs include a safe vehicle with proper licensing and insurance plus a simple business card. Assuming you have transportation the startup costs could be under $25 for a discount full-color business card at PsPrint!
Mobile Phone and Device Training – startup costs $25 – $50
Mobile phones have so many features that many users are not aware of. People love to learn about the cool things their phones and tablets are capable of.
If you know the ins-and-outs of mobile devices you can share your knowledge for profit. One of the fastest-growing markets for this training is seniors who have mobile phones that are unaware of how to use them. Sure you can train people in your town, but with Skype (a free online chat service) you can train people around the world. Here is how to start an online school step by step
Personal Chef – startup costs $0 – $50
Here you will prepare meals for clients, either individuals or small businesses, in your area.
Personal chef clients usually include busy professionals and want to have weekly or daily meals prepared specially for their dietary needs. Another type of customer is families who want to host parties and events and serve professionally prepared dishes with waiters. Plus small businesses who stage meetings and networking want to buy culinary services.
Consider expanding this business idea into offering cooking classes. Some local grocery stores or farmers’ markets may hire you to demonstrate recipes using their products.
You do not need to have a storefront or professional kitchen to succeed with these low-cost business ideas. In fact, there is a successful woman in my neighborhood who teaches cooking classes in her home kitchen.
Startup costs are low because your clients will pay for food costs before you begin preparation. Thus your only costs are for promotional items such as business cards or a simple website. I recommend using an easy template website builder. Godaddy offers a free trial of website builder complete with hundreds of professionally designed web templates.
Language Translation Service – startup costs $0 – $50
This is a strong growth industry that is predicted to grow by 40% over the next decade. If you’re fluent in foreign languages you can make money by translating written or spoken words from one language to another. Market your services to businesses, schools, medical professionals, courtrooms, government offices, and event centers.
A simple website (you can DIY a website for free here) and an email address is all you need to begin. This is how to market your translation services cheaply.
Startup Costs $0 – $75
Virtual assistant – startup costs $0 – $75.
To get started as a virtual assistant you will need good organizational skills and an eye for detail. Knowledge of popular software programs such as Quickbooks, Microsoft Word, Google Calendar, Doc and Sheet is a plus.
This business helps entrepreneurs and business professionals with administrative tasks such as meeting calendars, appointment scheduling, travel arrangements, market research, email correspondence, and data entry. All of these admin tasks can be completed online so you can help businesses anywhere in the world with their administrative needs.
Startup costs are relatively low. All that is required are items you probably already own – an internet connection and a working computer (or access to a computer). Thus your startup costs cost be virtually nothing.
Promote your VA business online and consider joining a marketplace like Upwork. That is the site that I found my best virtual assistant ever! It is free to set up an account (click here to get started) and customers are actively looking for virtual assistants.
If you want to invest a little bit of money, for under $100 you can set up a professional website on Godaddy. Use the new website builder here It is much easier to use than prior versions and offers a greater number of designer templates with new features.
- How to start your own virtual assistant business
Personal Assistant – startup costs $0 – $75
This is a business idea you can start locally at any time for very little start-up cost. Offer people help with various tasks such as correspondence, household organization, filing, appointment scheduling, and telephone calls. It is similar to the above business idea, virtual assistant, except it is focused on individuals living locally.
You could start this business with the price of a handwritten flyer or an inexpensively printed business card. 250 full-color business cards, with 2-sides, can be custom printed for less than $25 at PsPrint. That is less than the cost of a pizza!
Social Media Consultant – startup costs $25 – $75
This is one of the most profitable business ideas with low start-up costs. Many firms hire outside experts to manage their social media accounts such as Facebook, Twitter, Pinterest, and Instagram. If you have experience in creating compelling online content (written posts, images and video) you can offer your services for a lucrative fee.
Your most expensive service packages can include marketing strategies such as posting schedules, editorial calendar and post type recommendations for their maximum brand exposure.
The startup costs are very low, just internet connection and access to a computer. So it costs almost nothing to start if you already have these items. Other tools such as stock photos, video editing, and graphic design software can be charged to your client as part of their fees.
Thus your only costs are for promotional items such as business cards or a simple website. I recommend using an easy template website builder. Godaddy offers a free trial of website builder complete with hundreds of professionally designed web templates.
- How to start a business in social media
E Products and Digital Works – startup costs $0 – $75
Teach others about fitness, health, sports or business by creating a digital course and sell online. For $49 you can open a vendor account at ClickBank, which is the largest marketplace for digital products online.
Here thousands of affiliates will sell your products and give you 50% or more of the profits. You decide the price of your product and the profit-sharing percentage. Some vendors have made millions of dollars on ClickBank.
You do not need costly software to create your ebook. You can use this free online ebook maker
Startup Costs – Less than $100
Tutor – startup costs $0 – $100.
Tutoring is one of the easiest and cheapest forms of business to start. That is because you already possess subject knowledge and you are selling it to your students.
You can choose to begin on one of the online platforms such as Tutor.com . This site focuses on standard academic subjects such as math, science, English, social studies and SAT test prep. If you want to tutor and teach people in a wider variety of subjects try this site.
Alternatively, you could tutor students locally. Start out cheap by posting flyers about your tutoring services in your local schools, government offices, community centers, and libraries. Meet your students at school or in another public facility such as the library. This eliminates the cost of renting an office.
Transcription Services – startup costs $10 – $100
Transcribing is the process of listening to audio or videos and typing the text into a computer program. Transcription services are in demand in the legal and medical industries.
Start-up costs are low, all you need is internet access, a computer and a foot pedal that allows you to stop or start the audio player while typing. These foot pedals can be purchased for approximately $50 on Amazon.
Business opportunities are good for native English speakers. A friend of mine successful transcription businesses specializes in reviewing files done by non-native English speakers and corrects them to proper American English.
- Legal transcription training
Scrap Metal Dealer – startup costs $50 – $100
There is good money to be made in recycling scrap metal. In fact, you may need no cash to start because you may have metal in your home that you can take to the scrap dealer for cash.
Learn about the business from industry experts on the Scrap Metal Forum. Here you can watch videos, ask questions and correspond with professional scrap metal business owners. You will need some basic tools to remove metal parts and a vehicle to haul to the dealers.
Online courses – startup costs $50 – $100
Sell your knowledge in your field of expertise as an online course. These days people have become accustomed and often prefer the flexibility of online learning.
You could teach anything including fitness classes, baking, embroidery, software usage, and business strategies. The list is almost endless.
You can start for free by using a teaching software platform such as Teachable for up to 10 students. As your course attendance increases, you can upgrade plans t0 $39 per month.
Painting Contractor – startup costs $50 – $100
Most states do not require painting contractors to have special licensing. If you start your painting business with an interior painting you can reduce the amount of equipment needed. Because you will not need to buy costly ladders and safety equipment.
Your startup investment is minimal, just some paintbrushes, rollers, trays and drop clothes. These items could all be purchased for under $100. Ask your client to buy the paint and primer for their jobs.
Promote your business with a nice looking brochure showing attractive homes and interiors. Use one of these professional brochure templates to get started quickly. These do not need to be actual jobs you painted, just a representative of your painting services.
Think about specializing in interior faux finishes if you are autistic and like to learn new techniques. I have an artist friend who makes a substantial income with his faux painting and mural art services. His best customers were interior designers, churches, hospitals. hotels and restaurants. Check out this book on how to get started in the faux painting and mural business.
Window Cleaning – startup costs $75 – $100
Residential cleaning supplies can be purchased inexpensively at your local hardware store. No need to purchase expensive ladders and safety equipment. Instead, rent them with the money from your customer’s deposit payment or borrow them from other friends family and contractors.
Expand your business into cleaning large retail store windows and restaurant storefronts. As your capital and experience increase, you can buy specialized equipment for large-format windows.
Looking for startup funding? Learn about 17 proven ways to get startup funding here
Want to start a clothing line? Yes you can begin your clothing company with no money! Learn how from the experts at Sewport here
It is important to calculate your launch costs properly. Read these tips for important knowledge about calculating your startup costs.
>>Want more small business ideas? Read this big list of new business ideas
>>Live in a rural area? Check out these business ideas for small towns
>>Start a truck business with these great mobile business ideas
Learn how to sell your business idea to investors or to a company – step by step in my guide here
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30 Unique Small Business Ideas to Try in 2023
Last updated on February 1, 2023 13 mins read
Have you been searching for the right unique small business ideas to try in 2023? You are in luck because we’ve compiled a detailed list of 30 small business ideas that are worth giving a try.
Starting a business comes with numerous perks. You own your time, you get a chance to do what you truly love, and most importantly, you get to make more money.
In this post, I will share 30 small business ideas worth trying. From cleaning services to selling your expertise and starting an eCommerce site selling what you’re passionate about ( be it trendy pearls , paper supplies or car accessories), there are lots of options out there.
Lucky for you, these businesses are easy to start, don’t require heavy financial investment upfront, and require very little technical expertise.
Let’s get started already.
Top 10 Startup and Small Business Ideas to Try in 2023
Are you looking for your next startup idea? Here are ten ideas worth giving a go in 2023.
1. Cleaning service
Consider starting a cleaning business if you don’t mind doing the dirty work others cannot do for themselves. The financial reward can be incredible.
Starting a cleaning business is fairly easy and you can start with very little capital. Sometimes, all you need is a scrub and cleaning soap.
That said, here are some cleaning businesses you can easily get into:
- House cleaning services : Know some busy, single professionals in your neighborhood? Why not approach them and ask to clean their homes for a small fee? You’d be surprised how this business can grow quickly.
- Vehicle cleaning : Some vehicle owners do not have the time to clean their vehicles. Why not give them some help? You could even take things a bit further by approaching companies and asking to clean their private or a public fleet of vehicles.
- Carpet cleaning : Got carpet cleaning equipment or know where to hire? Consider starting a commercial or home carpet cleaning service.
- Graffiti cleaning : Do you know how to take graffiti off walls? A graffiti cleaning business might work.
2. Freelance Writing Business
Freelance writing is readily one of the easiest online businesses to start in 2023. A computer and an internet connection are all you need.
Contrary to popular opinions, you don’t need to have a degree in journalism, literature, or English to get started.
You don’t even need to be a native English speaker to break into freelance writing.
If you have expertise or experience in a particular field – say crypto trading – you can make a business out of it by writing on that subject or shooting videos for your YouTube channel. You can help people understand what are cryptocurrencies, how to trade, which exchanges or crypto portfolio trackers to use. Moreover, you can also provide Blockchain PR services, since blockchain technology is the future and offer them on your Patreon account. Moreover, you can also provide Blockchain PR services, since blockchain technology is the future.
But if you don’t have any expertise, one good way to start is by hunting for re-writing gigs on platforms like Fiverr and Upwork .
3. Amazon Kindle Publishing
Can you possibly make money off your writing skill even while sleeping? You definitely can, thanks to Amazon Kindle Publishing .
It works like this: You write a book and upload it to Amazon Kindle Publishing . Amazon’s review team will review the book.
Once approved, it will be published on Amazon, and readers can purchase your book. Each time your book gets sold, Amazon will take a certain percentage and leave the rest to you.
If done correctly, Amazon KDP can be a source of passive income . Plus, it is scalable.
Are you great with kids? Why not help give busy parents a helping hand by starting a daycare business?
Starting a daycare business can be fulfilling and rewarding. On top of that, you don’t need so much upfront investment to get it off the ground. You could even start one from the comfort of your home.
Remember that you might need to get a permit to start your daycare, so look into that before starting one.
5. Pet Grooming
If you enjoy having pets around, and grooming them doesn’t seem like much work, consider starting a pet grooming business.
To stay flexible, consider offering home services. In this arrangement, you visit the homes of pet owners, groom their pets, and get paid for your services.
Creating a Google My Business Page for your business can help you reach more clients in your local area.
6. Aerial Photography
The demand for aerial photography has risen to unprecedented heights in the past decade. If you are good at flying a drone – or at least can learn one quickly – an aerial photography business won’t be a bad idea.
Luckily, a good drone isn’t expensive – with as little as $1,500, you can get a nice one for yourself from Amazon.
Who will your ideal clients be? Real estate developers, intending couples with an upcoming wedding event, movie and music producers, and more. In addition, photography makes a great hobby and can quickly turn into your favorite pastime activity.
7. Build and Sell Themes Online
If you’ve got good coding skills and are particularly good at front-end development , you can build a business out of your skills by creating and selling website themes online.
Depending on your skill set, you can build themes for WordPress and sell them on Themeforest.
However, if you have limited knowledge about WordPress, you can build your theme using Bootstrap, CSS, HTML, and Js and then publish it on GetBootstrap .
Consistency and persistence will go a long way in turning this small business idea into reality.
Can you still make money today by blogging ? The short and simple answer is yes.
To succeed with blogging, you need to have good writing habits as well as find a niche with little competition and hit hard on it. Patience and diligence will undoubtedly help. If you’re planning to start a blog, it’s important to choose the right hosting solution . Hosting helps to ensure your content is secure and reliable when it reaches your customers
Blogging is a good business idea for college students, stay-at-home moms , etc.
9. Food Delivery Service
Starting a restaurant can be daunting and capital intensive. Too many details need to be taken into account starting from restaurant design plan to the color and pa.ttern choice of utensils If you have been looking at starting one but haven’t got the funds, look into starting a meal delivery service instead.
It works like this: you prepare quality, tasty meals at home and then deliver them to your customers either at work or in their homes.
Depending on the laws of the city you live in, you might need a permit and courier insurance to run this type of business.
10. Property Management
If you’ve worked in the real estate industry before, or you are just good at real estate management software development , you might find success as a property manager.
The thing is, there are lots of property owners who don’t have the time to manage their properties spread across town. They need someone they can trust to collect rents, fix broken stuff, and kick bad tenants out. If you’ve worked in the real estate industry before, or you are just good at management, you might find success as a property manager, especially with the right property management software .
So, if you are up to the challenge, by all means, give it your best shot.
Top 10 Most Successful Businesses to Start
Not all businesses succeed. In fact, some go belly up even before they get a chance to start.
You sure don’t want that to happen to you. What business can you start in 2023 that has a high probability of success?
Here are a few:
11. Virtual Assistant Service
Many small business owners and solopreneurs need helping hands to keep their business going, and wouldn’t mind paying to get one.
Why not cash in on this opportunity by offering virtual assistant services to these busy entrepreneurs? Global marketplaces and BPO’s like 1840 & Company can help you find clients
You can help them manage booking appointments , send and reply to emails, make calls to their clients, answer customer queries, and lots more.
The best part is that you can do all this without being physically present.
Crowdsourcing platforms like Upwork, Remote.co, and Indeed can help you find clients.
12. Social Media Management Service
Having a solid online presence is key to surviving and staying relevant in business in this digital age – little wonder why many companies are jostling to establish themselves on social sharing sites .
You can also make a business out of this by helping busy entrepreneurs handle their social media accounts .
13. Web Design Agency
In the early age of the web, you needed to know how to write long, intricate codes to build a website. But all that has changed now, thanks to no-code solutions like WordPress and Wix.
If you like to design stuff and don’t mind devoting time to learning how to use WordPress, consider starting a web design business. Automation web testing comes in the website development life-cycle. You can also offer web design as well as automated testing services. And can work as an automation testing company .
To acquire clients for your business, start by telling your friends and family what you do. You’d be amazed at how this simple networking strategy can bring you lots of clients. You don’t have to stop with web design. Branch out into other agency roles, such as SEO . This London-based SEO consultancy is a great example of how you can start. You could even work fully remotely. A solid online presence is a key to surviving and staying relevant in business in this digital age – little wonder why many companies are jostling to establish themselves on social sharing sites. Further, you can use social media scheduling tools to schedule posts promptly to boost reach.
How to acquire customers
14. Coffee Shop
Turn your love for coffee brewing into some serious cash-making venture by launching a coffee shop.
If you don’t have the time and dedication to build your coffee business from the ground up, franchising might be a better option. Alternatively, you can purchase an already established coffee shop and rebrand it.
Of course, you will some serious cash to pull that off.
15. Sell Online Courses
Got a skill you can also teach to others without thinking so much about it? Why not start making money out of it by creating and selling your courses online ?
And you can teach just about anything: DIY hacks, copywriting, how to fix broken stuff, gardening, etc.
You don’t need expensive filming gear to get started; your smartphone is enough.
Udemy, Skillshare , and other course building platforms are good places to start.
16. Affiliate Marketing
Affiliate marketing is ideal for 9-5ers, stay-at-home moms and dads, and anyone looking for a passive side income.
How does it work?
You find a physical or digital product you would like to promote, drive traffic to that product, and hope to make a sale. Each time that product gets sold, you earn a commission.
For example, we run an affiliate program here at Adoric. Each time you refer visitors to us, and they sign up for any of our paid plans, you will earn a 20% commission. To run such a marketing campaign referral software is very useful to set up and automate the process.
To find profitable products to promote, check out platforms like Commission Junction or Clickbank.
17. Home Tutoring
Home tutoring is another unique small unique business idea worth giving a try in 2023.
The best part is that you can provide this type of service virtually online or physically. And you can teach just about anything: maths, economics, piano, swimming, etc.
Platforms like Tutorme can help connect you with clients looking for your services.
18. Video Editor
Did you know that YouTube is the second largest search engine just after Google?
This is a clear indication that video consumption is soaring and with the increase in the video popularity it is advised to make videos using creative slide templates to reach your audience.
Hence, if you are good at video editing , there are lots of people out there that will need your services. Besides, some video editing effects are available for free so it makes the job easier for you.
Thanks to the internet, selling is now easier than ever. You can sell products to people on the other side of the planet without stressing about it.
When done right, an eCommerce business can be extremely profitable. Offshore Protection has seen a dramatic rise in eCommerce businesses that have decided to start their business overseas.
Choosing the right eCommerce platform is vital for the success of your business. WooCommerce, Shopify, Oberlo, etc. are some that you can try.
Not sure which to go for? Also, choose your hosting provider carefully and consider deploying your online store on a managed VPS instead of using traditional shared hosting to guarantee yourself much better loading speeds, security, and scalability. Providers like ScalaHosting are among the top-rated companies in this segment, and with their SPanel, VPS management is no longer a challenge even for newbies.
Check out this detailed WooCommerce vs Shopify comparison guide
WooCommerce vs Shopify
20. Amazon FBA
Still talking about eCommerce, Fulfillment by Amazon (FBA) is one of the small-scale business ideas that you will likely find success with come 2023.
You find products you would like to sell, purchase them, and send them over to Amazon’s warehouses. If your products pass Amazon’s quality test, they will be uploaded online.
When customers place an order for your products, Amazon will package and deliver them. Payments and returns are handled out of the box for you.
Amazon FBA is more convenient than selling via Shopify or WooCommerce. Furthermore, you can use FBA tools like Helium 10 or Jungle Scout to increase sales on Amazon. If you want to import products from China, then you can get help from a sourcing agent like Sourcing Nova to find the best quality manufacturers.
How To Automate Small Business
Automating your processes can save you time and money if you own or manage a small business. There are many different ways to automate small business processes , and the best way to find out is to experiment.
Here are some tips on how to get started:
1. Create a process map. This will help you understand your current workflow and identify areas that could be automated.
2. Use software to help automate tasks. Programs like Automation Anywhere can streamline many common business processes, including email marketing, accounting, shipping, and customer service. You can also try Edi Consultant to automate your small business.
3. Use artificial intelligence (AI) or machine learning algorithms to make decisions on your behalf. This can include things like automating billing or scheduling appointments.
4. Use big data analytics to improve decision-making and optimization of your processes. This will allow you to better understand customer needs and trends and optimize your operations accordingly.
Top 5 Business Ideas for Women
Are you a stay-at-home mom, single mom, or just a woman looking to take her destiny into her hand by starting a business ?
Here are 5 unique business ideas that you should try your hands on.
21. Personal Shopper
Turn your shopaholic craze into a profitable business venture by helping those who haven’t got the time to shop for themselves.
The coolest part is that you need virtually nothing to get started – just your passion for shopping will do.
To get started, talk to as many people as you can and let them know you can help them with their shopping needs. From there, you can begin to scale up by building a website to promote your business.
22. Handmade Crafts
If you are skilled at making mittens, beaded bags, shawls, or any other valuable craft, consider selling your handmade crafts in places like Etsy to shopify .
A lot of women have built for themselves a business empire via Etsy – so also can you.
A lot of families have aged and sick ones that need to be taken care of at home. So, if got some nursing experience, or you are just a people person, you can make a business out of this.
Keep in mind that you might need to get certified by a recognized body to provide personal care to invalids.
24. Teach English Online
The demand for English teachers around the world has been on the rise. If you speak English natively and have a good internet connection, you can build a business out of this demand by teaching English online.
You can use platforms like VIPKID can help you connect with potential clients around the world.
If you naturally like to write, you might find a lot of success with blogging. A lot of stay-at-home moms are meeting their family needs from the blogging incomes.
What can you blog about?
Anything you have passion for. It could be about your new reality of being a mom. Or maybe helpful personal finance tips. But all that has changed now, thanks to no-code solutions like Appy Pie website builder , WordPress, and Wix.
To see substantial income from blogging, you need first to build sizable traffic to your website. This will require publishing content regularly.
You can then monetize that traffic using Google ads, Affiliate marketing, etc.
Top 5 Business Ideas for Teens
Who said your teenage son or daughter can’t start a business of their own. If your kid has got an entrepreneurial spirit, here are some business ideas you can encourage them to try their hands on:
26. Car Wash
Make your enterprising kids work for their weekly allowance by letting them wash your car. Once they start getting better at it, you can ask your neighbors and friends if they would like your kids to wash theirs too.
Helping others with errands like buying groceries, grooming pets, etc. can be a lucrative venture for teens.
It has a minimal entry barrier, easy to start, and doesn’t require any capital – a bicycle is enough to get started with.
28. Ice Cream Joint
Who doesn’t love a cold cup of ice cream in the heat of summer? Why not sell this business idea to your kid and see if they would run with it.
You can support them by purchasing a vending machine and renting a small space somewhere in your neighborhood.
Some people have a natural flair for creating audio content. If you’ve noticed this talent in your teen, encourage them to start a podcast .
And they don’t need to buy expensive gears to hit the ground running – their smartphone is enough.
The laundry business, though old, still strives till today. This makes it an excellent business opportunity for teens and young persons looking to start their first entrepreneurial venture.
The NFT market has experienced explosive growth in the last 2 years, making it a goldmine for wannabe entrepreneurs looking for a business to start in 2023.
One easy way to get into NFT and make money from it is by creating pieces of art, such as paintings, music, drawings, etc. and converting them into NFT. You can then sell them via platforms such as Opensea, Rarible, etc.
If creating NFT pieces won’t work for you, consider flipping. This involves buying other people’s NFT pieces and selling them at a markup. That way, you wouldn’t have to mine the NFT yourself.
Starting a business and finding success with it can be demanding, but at the same time rewarding.
If you are stuck on ideas, try any of the 30 small business ideas shared in this post.
Already have a business going for you? Let Adoric help you win more customers and boost your sales.
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Small Business Trends
20 low cost businesses to start for less than $100 in 2023.
You don’t need a ton of cash to start a business in 2023. In fact, there are many small business ideas you can get off the ground for under $100. Here are some options for those looking to start a low-cost business this year.
Can You Start Your Own Business for Less Than $100?
Low-Cost Business Ideas to Start for Less Than $100
1. dog walking business, 2. online course creator, 3. social media marketing service, 4. seo service, 5. mobile detailing service, 6. house sitting, 7. errand service.
Run errands like grocery shopping or dry cleaning pickup for busy people in your community in exchange for cash. This should be straightforward enough, and shouldn’t require any equipment or upfront purchases. The only thing you may need is reliable transportation. But a car isn’t required if you live in a walkable area or a city with public transportation options.
8. House Cleaning Business
9. personal training business, 10. landscaping business.
For a landscaping business , you just need a lawn mower and some basic maintenance tools, which most homeowners should already have. If you don’t have these supplies, this business may cost a bit more than $100 to start. But you can always start small and add additional services as you earn enough funds to cover new equipment purchases.
More Great Ideas for Businesses to Start with Only $100
11. online store, 12. freelance writing.
As a freelance writer , you offer your services to businesses and publications on a contractual basis. You can decide what assignments to take, but the companies you write for should handle most of the back-end tasks and expenses involved in launching a website or publication. This is a good business idea for those with some writing skills who just want to earn some extra cash on the weekends or in addition to other projects.
13. Virtual Assistant Business
14. handmade business, 15. event planning business, 16. consulting, 17. dropshipping business, 18. bookkeeping service, 19. translation service, 20. affiliate marketing, what is the cheapest business to start, what is the most profitable business idea to start with low capital, what is the easiest low-cost business to start.
30 Small Business Ideas to Make Money in 2022 (Low Investment Ideas)
With so many business ideas in 2023, it can be hard to figure out which are worth pursuing.
While jumping on a new trend can sometimes be risky — it can also be highly rewarding. You may notice that many of the ideas on this list have been growing in popularity recently. Others have been popular for a long time, making them more competitive but less risky. However, all the small business ideas below will help make you money.
Start selling online now with Shopify
30 best business ideas of 2023
If you have been asking yourself what business to start, then this list is for you. According to small business statistics , one of the biggest motivations for opening your own business is being your own boss. Owning a business gives you the freedom to work when, where, or how you want.
Want to work at a beach or your grandma’s house? Go ahead, no one is going to stop or question you. This is the dream life many people hope to live one day, and thanks to some great business ideas, achieving that lifestyle is well within your reach.
Let’s take a look at the list of business ideas that’ll make you money in 2023:
Are you looking to sell products online but don’t have the money to buy and store inventory? Consider dropshipping! Dropshipping is an ecommerce business model in which you don’t have to manage any physical products.
All you have to do is set up an online store and partner with suppliers who are ready to store, package, and ship orders to your customers. There’s no need to spend hours on product research, because you can use dropshipping apps like Automizely to find awesome products to sell .
Check out this dropshipping course from Shopify to learn more about selling online without inventory. If you’re searching for easy online business ideas to pursue, it would be hard to find something that tops dropshipping. It’s one of the simplest businesses to start if you have access to the right tools and resources.
The biggest reason people are often drawn to dropshipping is that you don’t have to hold inventory. However, if holding inventory isn’t an issue (maybe there’s enough room in that spare closet), you can consider sourcing products wholesale.
Online marketplaces like Handshake enable small business owners to find unique, high-quality products and build long-lasting relationships with suppliers. It’s worth checking out as a supplement to dropshipping if you already know what you want to sell.
2. Print on Demand
If you’re looking for proven business ideas to execute, try print on demand .
Print on demand (POD) is when you sell your own custom designs on items like phone cases, mugs, and t-shirts, but you don’t actually print the artwork. Instead, you collaborate with suppliers who print your design on the product—they even package and ship the item to your customer, so you don’t have to worry about logistics. Also, you only pay once you have sold the products. No sales equals no costs.
One of the quickest ways to get started is to create a Shopify store and install a POD app like Printify . In terms of marketing, partnering with Instagram influencers to promote your POD items is an effective way to reach audiences. To evaluate whether print on demand is the right option for you, watch our video where we get into a healthy debate with Wholesale Ted (a print-on-demand company ).
Multilingual people are always in demand, so if you can speak two or more languages, consider starting a small business where you can monetize those skills.
You can look for clients on Upwork and Flexjobs and slowly build your portfolio. As you work successfully with more and more companies, you can hire more translators who specialize in other languages to take things off your plate. It’s also a good idea to market your business on social media websites, as it can help you reach a wider audience.
Got only a few hours to spare each day? Translation is one of the best side business ideas to pursue, as it lets you schedule your clients based on when you are available to work.
4. Website Flipping
Website flipping is among the new business ideas that have gotten everyone from work-at-home parents to recent graduates excited. It involves buying an already running website, improving its design and content, and then selling it for a profit.
There are quite a few places where you can buy and sell websites to earn a profit. Shopify’s marketplace, Exchange , for example, allows you to buy ecommerce websites that you can further improve via content marketing, SEO, and other tactics. Once your site begins to generate more revenue than when you acquired it, you can list it for sale on the marketplace.
5. Home-based Catering
If you have a knack for cooking and see it as a creative outlet, you can make a decent income by opening a home-based catering business.
The initial investment depends on how big you want the setup to be. For example, if you start with smaller events that you can manage on your own, you should be able to start your business for less.
Most home-based caterers start by creating a website , experimenting with local food markets, or joining platforms that allow cooking experts to squeeze some profits from their culinary skills.
6. Dog walking
It can be difficult to keep up with a furry friend, particularly high-energy breeds with limited outdoor access. As a professional dog walker, you’ll be helping pet owners in the community keep their dogs happy, healthy, and well exercised.
Dog walking requires no initial investments other than marketing and business liability insurance . This will protect you in case of accidents, bites, or unexpected lawsuits. It’s a good idea to charge prices that reflect your insurance costs, with the average range between $30 to $60 an hour.
You can establish a presence for your dog walking business on a number of platforms, including Wag! , Rover , and Care.com . Offer promotions for new clients and build a positive reputation by requesting reviews from those you’ve worked with in the past.
7. Virtual assistance
One of the most successful business ideas is to offer virtual assistant services. Everyone from large enterprises to solopreneurs requires help with the day-to-day management of their business. You can use your excellent organizational skills to take some weight off their shoulders.
Of course, you’ll get paid for the time and effort you put into answering emails, scheduling meetings, and performing other administrative duties.
You can land your first few clients by responding to listings on platforms like FreeUp , PeoplePerHour , or Virtual Assistant Jobs . This is a proven business model, as people are always looking for efficient virtual assistants.
8. Personal shopping
Do you often get praised for your eye for fashion trends? Are you someone who friends and family come to for clothing advice? Personal shopping can be a business that builds on those skills.
Personal shoppers find clothing items for clients who don’t have time to shop for themselves. Duties involve evaluating your client’s wardrobe, visiting websites, and picking items that will suit them. There are all kinds of products on different online clothing boutiques, so you don’t necessarily have to shop offline to get this business started.
Plus, you don’t need to hold any special certification or degree to become a personal shopper. If your interests lie in business ideas with low investment, personal shopping might be the ideal route to consider.
9. Car detailing
Contrary to popular belief, it's entirely possible to make car detailing a full-time business. The average profit of car detailing is anywhere from $50 to $400 per vehicle, meaning you could make a healthy profit if you find consistent clients.
The key to success in the car detailing business is marketing. You’ll need to spread the word about your services through a website or social media platform, and encourage regular reviews as well. Try to offer discounts for new clients or package deals for those who commit to multiple sessions.
All you need to get started are cleaning supplies and a driveway. You may consider getting certified through the IDA or taking a craftsmanship seminar to enhance your skills.
10. Online tutoring
If you’re an expert in art, math, or another subject, you can start the business of online tutoring. An essential prerequisite is having a bachelor’s degree in the subject you intend to teach.
You can find online tutoring clients on sites like Skooli and Tutor.com . For the best results, always teach subjects that relate to your area of expertise, because you’ll be able to share your skills and constructive knowledge to enhance your students’ own knowledge. You can deliver lectures and interact with your students over Zoom, making online tutoring one of the easiest online businesses you can start.
11. Greeting cards
Greeting cards are always in style, so if you have a good eye for design or just love showcasing your artwork on physical items, this is one of the best creative business ideas for you.
Before you can start looking for clients, you’ll need to have a handful of designs ready to go. Tools like Photoshop and Canva make it easy to create custom card designs. Additionally, you’ll need to stock up on supplies required to create greeting cards (ink, paper, etc.).
Pro tip: If you want to keep costs low, consider buying your supplies wholesale . Once you have the inventory, you can start generating revenue by marketing your business on Facebook, Etsy, and other similar platforms.
12. Content writing
Almost every company with a web presence needs help creating content for product pages, blogs , etc.
As such, starting a content writing or copywriting company could be one of the most profitable business ideas for you. Popular websites for finding those first few customers include Remote.co , Problogger , and BloggingPro .
You can also join content writing groups on Facebook to get more exposure for your business. To make a good impression on clients, consider offering keyword optimization or custom graphics as part of your services.
13. Homemade products
If you have a knack for molding soap bars, brewing drinks, or baking specialty products, a homemade crafts business may be a great fit for you. Not only does it serve as a wonderful creative outlet, but it can easily scale up as word of your business gets out.
Some of the most profitable homemade products include agricultural products, beauty solutions like cosmetics and soaps, and accessories such as jewelry. Ingredients and raw materials coupled with your labor should provide a sustainable return on investment.
You can start selling homemade products at your local farmers market , on a platform like Etsy , or with a storefront on iCraft . Try adding a unique twist to your products, such as dessert-themed bath bombs or pop-culture clothing items.
14. WordPress support
A lot of websites out there are hosted on WordPress, and almost every WordPress website owner requires support in some form. So, if you’re familiar with the ins and outs of this platform, you’ll have several opportunities to make money.
Clients may contact you to fix their CSS, find and address security holes, and more. While you can use platforms like PeoplePerHour and Upwork to get your first clients, we recommend creating a custom website and listing your services there. That way, you’ll be able to avoid high commissions and build high-quality relationships with your clients.
Hands down, offering WordPress support is one of the best business ideas to try in 2023.
15. Career coaching
With rising unemployment and a saturated job market, there’s no shortage of people needing help finding jobs. If you have a talent for helping your friends and family find suitable employment, you can probably help others too.
Consider starting a career coaching business where you help others figure out what the best career for them is, how to nail an interview, what traits define a good candidate, and more. You can look for clients in Facebook groups or on platforms like Coach.me .
The best thing about this business is that you can make money by conducting four to five hourly sessions a month. Plus, you can coach multiple clients in a single session. If you’re looking for good business ideas that won’t occupy too much of your time, career coaching may be the right option for you.
16. Email marketing
Are you good at writing emails? Have you cracked the code for crafting subject lines that people can’t help but click? If so, you can step into entrepreneurship and make money by launching an email marketing business.
You can find companies that need help with their email strategy on platforms like PeoplePerHour and Upwork , as well as via cold outreach. Once you demonstrate that skill of enticing recipients, clients will rush to get your services and even agree to the price you quote them (major brownie points if you can help grow their email list).
Startup costs include investing in email marketing tools , which will automate many of your tasks.
17. Contract cleaning
Not everyone has the time or skills to clean on a regular basis. Becoming a professional cleaner allows you to assist home and business owners with scrubbing, dusting, vacuuming, and more.
Startup costs for household cleaning businesses are extremely low. Cleaning supplies and materials cost less than $100, although you could also purchase specialty equipment like steam vacuums or carpet cleaners. It’s a good idea to set up a website or social media page to get the word out for cheap.
The fees you charge will depend on the needs of your clients. Most cleaners charge by the hour, although some have additional expenses associated with certain tasks (organization, deep cleaning, etc.). Use tools like Angi Leads to display your business and discover what other people are charging. Be sure to register as an LLC and complete all necessary paperwork.
18. Meals to go
There’s no end to the line of people who struggle to find time to cook nutritious and healthy meals. This has led to a rise in meals-to-go businesses, offering all kinds of cuisine options. You can capitalize on this trend by starting your own meals-to-go business in your city, state, or neighborhood.
Contrary to popular belief, you don’t need to invest in designing a large commercial kitchen. A shared rental kitchen is good enough to run a meals-go-to business. These places are usually equipped with essential supplies and can be rented by month, day, or hour. You can find shared-use, licensed commissary kitchens through websites like The Kitchen Door .
19. Landscaping services
Have a passion for gardening and yard work? Starting a landscaping business may be the perfect way to turn your hobby into a profitable endeavor. Landscaping services include anything from mowing lawns to planting flowers and shrubs and may or may not be seasonable, depending on your climate.
Determine what you can do best in a yard and market your business to a specific audience. Keep a curated portfolio of your best work, including colorful photographs with detailed outcomes for customers. If you offer unique services (fertilizing, pest control, etc.), be sure to highlight that across your social media platforms.
You can find your first landscaping clients by going door-to-door in the neighborhood or hopping on platforms like TaskEasy . Websites like HomeAdvisor connect your landscape business with paying clients in your area. You can also get certified with the National Association of Landscape Professionals to boost your credibility.
20. Website testing
Did you know that brands with a digital footprint hire real people to give feedback on their websites? These opinions allow them to address issues that their developers may have failed to identify. You can hire a bunch of people on a freelance basis and create your own website testing company.
As you take on projects, your employees will receive a set of questions that they need to answer as they navigate a company’s website. Through video, they’ll communicate their initial thoughts on the current user experience and how the site could be improved.
You can find work through websites like UserTesting , Ferpection , and TryMyUI .
Do you have experience in generating backlinks and improving the search engine visibility of a website? If yes, then there’s an opportunity for you to cash in on your skill set.
Site owners worldwide require the services of SEO experts, so opening a business in this field could turn out to be one of your best decisions. When looking for clients, focus on a niche audience, learn from the experiences, and build your portfolio—showcase your success stories and you are bound to see an influx of clients if your SEO techniques are on point.
You can choose to target all sorts of companies or appeal to businesses in a particular niche, such as in the legal, health, or financial sector. With monthly retainers of $501 to $1,000, selling SEO services is one of the best business ideas to make money in 2023.
22. App development
App development is one of the best profitable small business ideas, since so many companies require an app. Not to mention, the cost of starting this venture has drastically gone down due to the growth of tools and affordable developers.
Today, you can use software like OmniGraffle or Sketch to create the wireframes and mockups before you decide to publish the app. Alternatively, you can hire a freelance app developer via AngelList and Upwork .
There’s also the opportunity to earn passive income by creating apps for the general audience. Of course, that requires you to develop a monetization strategy that generates recurring revenue. Profitable strategies include offering in-app purchases and charging for a premium version of your app.
23. Stock photography
If you have the ability to capture great candid moments or recently did a portrait shoot of a relative, you can become a stock photographer by registering a sole proprietorship under your name.
Companies like Shutterstock , Adobe Stock , and the like are always open for image submissions. You can start by listing a few of your existing photos on these platforms. Once you’ve submitted your photographs, wait for people to download them.
Most stock photography websites pay you a royalty for every download on their platform. Another option is to launch your own photography website and sell images directly to people, which is only viable if you have the resources to invest in marketing.
24. Virtual dance studio
The upsides to a virtual dance studio are pretty obvious: you don’t need to rent a big space, and it’s convenient to record, publish, and share the choreography at your own discretion. It’s even possible to give dance classes from home, making it one of the best home-based business ideas . Plus, there’s no limit to the number of students you can enroll in your class.
To start a virtual dance studio, you’ll need to invest in video conferencing software, such as Zoom . You’ll also need high-speed internet to ensure there are no lags or buffering during the livestream. Make sure to arrange enough classes per month so that your students learn their routines fast.
If you have a passion for creating your own unique choreography, you may also find opportunities to partner with dance schools to give their students access to your content on a membership basis.
25. Instagram consulting
If you know the secrets to Instagram engagement , consider becoming an Instagram consultant. Clients will pay you for creating engaging captions, responding to comments, creating attractive bios, and more.
You can monetize these services by charging a specific rate per hour or by project. This is the perfect business idea for digital nomads , as everything can be managed from a laptop or smartphone.
To become a sought-after Instagram consultant, master the skill of creating killer Instagram ads that get people to engage and buy from businesses. You can get your first clients by marketing your business on Upwork and other social media platforms.
26. Video production
According to video marketing statistics , 85% of internet users in the US watched an online video on their devices. With more and more videos being watched than ever before, there’s certainly a need for people who can record, edit, cut, and publish videos. Therefore, starting a video production company might turn out to be a lucrative business idea for you.
The initial investment in this business is a basic lighting set, wireless microphones, one to two cameras (and lenses), and editing software like Adobe Premiere or Final Cut Pro . See if you can find second-hand varieties for some of this equipment in order to reduce startup costs.
You can offer to produce video content for companies’ YouTube channels, manage graduation and wedding videography, and more. While there’s no restriction to the types of projects you can do, specializing in a niche makes it easy to stand out in a busy marketplace.
27. Software education
Do you have acquaintances who lack proficiency in computer software? If so, you can set up your own software education business and enroll students on a monthly basis.
Pupils might include entrepreneurs looking to build on their IT skills, or other small business owners looking to master software like Excel and PowerPoint. If you have the expertise, you can lead from the front by teaching most classes.
As your business grows and more people sign up for your programs, you can hire freelance software experts to teach students based on their area of expertise. Although you can rent out space for classroom lectures, consider hosting virtual classes to keep costs low and expand your business to international markets.
28. College preparation
Helping high schoolers get accepted into college is a booming business. According to IBISWorld, the market size of the testing and educational support industry was $17.9 billion last year, so there’s a lot of money to be made if you can gain a foothold in the market.
To start, pick a certain area of college prep you’d like to run your business around. For instance, you can offer ACT tutoring, help students brush up on practice admission essays, etc. Once you’ve narrowed your focus, it’s time to register and introduce the business to students.
29. Niche staffing agency
Nearly every industry has open jobs, and employers are keen to hire the best people for their companies. Your task as a niche staffing agency is to match employees to employers in your sector of choice.
Figure out what type of roles you’ll be staffing (Junior? Mid-level? C-level?) so that you can identify the right candidates for the position. Additionally, consider the employment terms that your agency will share with potential candidates.
You can be a temporary, temporary-to-permanent, or long-term staffing agency based on the needs of the market.
30. Digital event planning
One of the best small business ideas is to open up a digital event planning company. In this business, you’ll plan, organize and report on digital events like webinars and online summits for different companies.
Money can be made by charging an hourly fee for your service, selling sponsorships, etc. If you ever dreamed of planning a wedding or exhibition, but never quite had the time to organize anything, you can still channel your inner facilitator by planning digital events for people and businesses.
There you have it, a list of 30 small business ideas that’ll make you money in 2023. To give yourself the best chance of success, focus on one idea at a time until you find one that aligns with your abilities.
Thousands of entrepreneurs have implemented these business ideas to make money, so you can be sure that you’re putting your time and effort into something viable and proven. Whether you’re a college student, a work-at-home parent, or anyone else looking to start a business , remember there are plenty of opportunities to earn a sizable income.
If you’re looking for even more business ideas, don’t forget to check out Shopify’s post on the 23 most profitable business ideas in 2023 .
30 Business Ideas to Try In 2023
- Print on demand
- Website flipping
- Home-based catering
- Dog walking
- Virtual assistance
- Personal shopping
- Car detailing
- Online tutoring
- Greeting cards
- Content writing
- Homemade products
- WordPress support
- Career coaching
- Email marketing
- Contract cleaning
- Meals to go
- Landscaping services
- Website testing
- App development
- Stock photographer
- Virtual dance studio
- Instagram consulting
- Video production
- Software education
- College preparation
- Niche staffing agency
- Digital event planning
Which of these business ideas are you looking to start in 2023? Share your answer in the comments below!
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20 Businesses You Can Start on the Cheap
You don't need a ton of cash to get a business up and running. Opportunities abound to become a business owner with less than $500. Here's a look at 20 of them.
Whether you want to be your own boss or just to shore up some extra cash, there are several cheap businesses you can start with little in the way of money. Sure, you may not become the next Facebook or Apple overnight with just a business idea and $500 or less, but there are plenty of opportunities to launch a small business on the cheap.
“The tools and technology available today make it really easy to get a new business up and running quickly and affordably, even with as little as a few hundred dollars,” Meghan Stabler, vice president of global product marketing at BigCommerce , told business.com. “It’s important to remember that starting a business with little cash does not also mean you jump in recklessly – every entrepreneur should take a measured approach to selling and invest the time upfront to understand their market and their consumer.”
How to find a business to start
Business opportunities abound, even if you only have $500 or less, but before you make the leap, you have to ensure you have a sound business idea. That doesn’t mean you need a 20-page business plan, but you should have a passion or interest in the enterprise you’re starting. It’s the reason so many people become business owners.
You should also do your research about the industry, the market, the potential for growth and the initial investment needed. If you plan to start an online business, Stabler said, you need to find a niche or need in the market and start there. If you try to ride a trend, you’ll face a crowded market, and demand for the product could quickly fizzle. It’s also important to understand the shopping habits of your customers and what makes them want your products or services over a rival. Finally, Stabler said to know your “four P’s” – price, product, placement and promotion.
When starting a business, find a niche or a need in the market to gain a competitive edge early on.
Now that you know the rules of engagement for taking a small business idea to the next level, here’s a list of 20 businesses you can start with an initial investment of $500 or less.
20 businesses you can start with $500 or less
1. online seller.
Whether you want to sell apparel, collectibles, or whatever, you can easily get up and running online on the cheap. Marketplaces like Amazon and eBay will let you sell your products for a cut of the sale, while e-commerce platforms charge you a low monthly fee to hawk products over the internet.
It doesn’t take too much money to purchase your initial inventory. You can buy bulk items online or at a local discount store, or tap the inventory you have at home. The idea is to sell the products for more than you purchase them, taking into account any marketplace or e-commerce platform fees.
2. Virtual educator/trainer
One of the cheapest ways to start a business is to provide your own services if you have a talent or skill. Melissa Schneider, vice president of product marketing at GoDaddy , pointed to a chef in Nashville, Tennessee, who was laid off during the pandemic. He used his love and knowledge of cooking to start offering online cooking classes. The startup cost wasn’t too much, amounting to a computer and internet connection.
“He was able to sell his service in a completely different way,” Schneider said.
Cash-strapped would-be business owners can start a dropshipping business. With this business model, you build a storefront or use an e-commerce platform, but you don’t hold the inventory. The products are shipped directly from the manufacturer after a customer makes a purchase from your online store. To get a store up and running using this method, all you need to pay for is the domain subscription and the fees associated with using an e-commerce or dropshipping platform.
“The beauty of the dropshipping model is you don’t have to actually manufacture any products to get started,” Stabler said. “Rather, you partner with a manufacturer that makes your products and ships them directly to your customers, freeing you up to focus on the fun part: the marketing and customer experience.”
4. Social media marketer
Social media has become a powerful tool to get the word out. If you are social media savvy, there are tons of businesses looking for your expertise to help them develop marketing strategies , set up and post on their social media accounts, and increase their number of followers and thus sales. Knowledge, not money, is the key to getting this low-cost business up and running.
5. Freelance writer or editor
If you have a knack for editing and/or writing, you can turn your expertise into a small business. With the proliferation of online content and social media, there are tons of opportunities to get paid for writing and editing. It takes little money to get up and running, but you will have to prove your worth to clients.
6. Sales consultant
Whether you want to sell makeup or cookware, there are many low-cost businesses you can start by selling products for companies. Take the skincare company Rodan + Fields as an example: It costs just $45 to start selling the products. Avon charges you $5, while Beachbody costs $39.95 for the initial investment and then $15 a month.
7. DIY crafts and treats
If the pandemic taught us anything, it’s that Americans are resourceful and innovative. Scores of people took advantage of the pandemic by starting businesses selling crafts, food and desserts, and other items that proved popular. The only costs were for materials. Facebook has been a successful place to market these products locally.
8. Lawn care
The equipment is the biggest outlay for starting a lawn care business, and if you start small, you’ll only need a lawn mower and leaf blower. Depending on where you live, this might be a seasonal business, but one that can easily expand. Besides the equipment, all you need are flyers and a Facebook page.
9. Pool cleaning and maintenance
Another seasonal business that doesn’t require high startup costs is a pool cleaning and maintenance service. You can start small and expand as your customer base grows.
10. Repair service
People are spending more time than ever in their homes and, as a result, are more focused on home improvement projects. If you have skills in this area, it’s easy to become a repair person without a lot of capital.
11. Pet sitter/walker
This business costs nothing more than the costs associated with marketing – and you need to have a lot of patience and a love of pets. It’s another one of those enterprises that can easily expand with little overhead.
12. Virtual assistant
Business owners need help with everyday tasks, from organizing the books to responding to customer emails. As a virtual assistant, you’ll perform all these tasks from the comfort of your home, and you can take on multiple clients. All it takes is a computer and internet connection to start a virtual assistant business.
13. Delivery/errand runner
In the same vein as a dog-walking service, a delivery- or errand-running business doesn’t require a lot of upfront cash. You’ll just need to print out some flyers, get business cards, and promote your service on social media and other online channels. Demand for errand runners has risen during the pandemic. With people sheltering in place, many of them are hiring others to venture out and run their errands for them.
Are you a math expert? Do you play an instrument, or have great computer skills? Then you can become a tutor, and all it costs is your knowledge. You can conduct tutoring sessions in person or virtually, charging by the hour or half-hour. Your level of experience and client base will determine how much you can charge for your services.
Businesses need advice, but not all of them want to hire a full-time employee to get it. That is where consultants come in. Use your background and expertise to find the areas where you would bring the most value. That may be marketing, accounting, engineering, information technology or any other skill set you can find demand for.
If you provide good service at a reasonable cost, your reputation will grow, allowing you to expand your business. To get up and running, you’ll need a website or social media presence and the ability to network.
16. Professional organizer
People looking to declutter often turn to a professional organizer for help. Customers pay around $80 to $140 an hour and more than $1,000 for an entire home. The overhead costs to become a professional organizer are very little at the onset: You just have to invest in training and education, create a website, and land your initial customers.
If you are fluent in another language, you can easily launch a translation service. There is demand from the medical, legal, publishing and small business communities for people who can translate information into English. A freelance translation business won’t cost you anything in startup expenses and can easily expand as your customer base grows.
18. Mobile public notary
Certain documents require approval from a public notary, including wills, loan paperwork, power of attorney, property deeds and other court papers. A mobile public notary visits clients at their homes or places of business.
Depending on where you live, it can cost $50 to $150 a year to become a public notary. Some states require training courses in addition to those fees. Volume is the key to making money as a public notary: You can charge anywhere from 25 cents to $20 a document.
19. Laundry service
If you have a home washer or dryer or access to a laundromat, you could offer washing, drying, ironing, and pickup and delivery services to people in your community. Before you get started, figure out if you will use your own equipment or bring it to the laundromat. After that, the only costs are detergent and laundry bags or baskets.
20. Cleaning service
Americans are busy, and the last thing many of them want to do at the end of a week is clean their home or apartment. That is where a cleaning service comes in. According to FreshBooks, the average cost to clean a home is $90 to $150, depending on the size of the property. Launching a cleaning service won’t break the bank; all you need is a good vacuum, cleaning supplies and a positive attitude.
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Top 87 Best Low Investment Business Ideas With High Profits
An entrepreneur aspires to business ideas with low investments that are capable of churning massive revenue. He or she searches for every possible way to have the business run smoothly and increase revenue, i.e., profitability is the end goal.
The young and dynamic individuals of today want to start their own ventures rather than work for someone else. They look for small-scale opportunities with a huge turnover. ‘Return on Investment’ or ROI has become a predominant factor in setting up any kind of business. It’s a weighing scale that ultimately decides whether to go ahead or not.
A common misconception is that earning huge profits requires serious investment in the form of money, labor, equipment, etc. It's definitely not the case if one is aware of the plethora of business ideas that can be started with minimum investment .
Discussed below are some of the most profitable small investment businesses in India. They are not heavy on your pocket and can yield great returns with time.
1. Wedding Planner 2. Technical Freelancer 3. Gym or Fitness Center 4. Yoga and Meditation Center 5. Mechanical / Electrical Works 6. ECommerce Websites 7. Blogging 8. Online Surveys and Captcha Solving 9. Domain Trading 10. Selling Photos 11. E-book Publishing 12. Podcasts 13. Stock Trading 14. Influencer 15. Mobile Food Service 16. Recruitment Services 17. Event Organizer 18. Social Media Services 19. Interior Designer 20. Grocery Store 21. Coaching Class 22. Mobile Shop 23. Translation Services 24. Mobile / Computer Repairing 25. Driving School 26. Car Parking 27. Public Speaking Lessons 28. Dance Classes 29. Baby Sitter 30. Courier Company 31. Consultancy 32. Digital Marketing Consultancy 33. Dietary Consultancy 34. Packers and Movers 35. Ice Cream Parlour 36. Content Writing and Copy Writing 37. Freelancer 38. Book Store 39. Computer Trainer 40. Online Store 41. Travel Agency 42. Security & Spy Agency 43. Data Entry 44. Resume Writer 45. DJ Services 46. Music Classes 47. Laundry 48. Web Designing 49. Affiliate Marketing 50. Xerox Book Binding 51. Real Estate Agent 52. YouTube Channel 53. Cooking Classes 54. Business Broker 55. Fast Food Restaurant 56. Pharmacy 57. Beauty Parlour / Fashion Boutique 58. Gardening Business 59. Clean and Green Services 60. Jewelry Designing 61. Bouquet and Greeting Card Making 62. Accounting and Tax Preparation 63. Tatto Studio 64. Insurance Agent 65. Pet Caretaker 66. Dropshipping 67. Bakery 68. Hand-made Chocolates 69. Honey Manufacturer 70. Food/Tiffin Service 71. Children's Play/Adventure Area 72. Baby Crèche 73. Custom Gift Store 74. Antique Shop 75. Organic Farming 76. MLM Network Marketing 77. Marriage Bureau/Matchmaking 78. Organic Candle/Soap Making 79. Career Counselling 80. Aquarium Store 81. Photo Studio 82. Professional Reviewer 83. Low-Cost Franchise 84. Mystery Shopper/Customer Survey 85. Stockbroker/Mutual Funds Agent 86. Virtual Assistant Service 87. Tourist Guide
1. Wedding Planner
Investment required: inr 20,000 to inr 50,000.
According to the KPMG report titled " Market Study of Online Matrimony and Marriage Services in India "- the Indian Matrimony business is a highly unorganized industry in India valued at ₹3.68 trillion . Despite having such an unorganized sector, it is 4th largest industry in India.
Weddings constitute a big industry in India. The "big fat Indian wedding" never goes out. To become a wedding planner, you need to have amazing networking skills, creativity, and spontaneous decision-making ability. Initial projects may not pay you much but with time, you will grow by leaps and bounds.
2. Technical Freelancer
Investment required: inr 0.
If you have logical thinking, analytical skills, and knowledge of any programming language you can try out technical freelancing . For example, if you know how to create and beautify websites, promote your website development services on platforms like Fiverr and Freelancer .
What kind of investment will you need? Perhaps paying for online courses and certifications to improve your credibility and knowledge. And with a plethora of resources available for free on the internet, you can get started with technical freelancing through zero investment .
3. Gym or Fitness Center
Investment required: inr 5 lakh to inr 10 lakh.
We live in a world where we often forget to take care of our bodies resulting in worse physical conditions. To avoid such conditions we prefer going to gyms or fitness centers. Starting a gym with a minimum number of the necessary equipment in a good place will definitely turn out to be a profitable business idea.
According to Statista.com, The health and fitness market worldwide is expected to grow at a rate of 7.67% annually between 2023 and 2030. It means in 2030, the market size of health and fitness will be 169.7 billion USD approximately.
4. Yoga and Meditation Center
Investment required: inr 5 lakh to inr 30 lakh.
With that busy schedule, hectic life, and a lot of work stress nobody can live a healthy life. Your Yoga and meditation center will help people to fight all these never-ending problems.
According to future market insights, the Yoga and meditation market is expected to grow to US$ 20,532.44 Million by 2032 .
Apart from that, it is also a very profitable business idea. The investment will just be a good place and some workers (optional). You can also hire a trainer if you don’t have knowledge of Yoga and meditation.
5. Mechanical / Electrical Works
Investment required: inr 15 lakh to inr 50 lakh.
The development of present-generation technologies requires many mechanical and electrical goods. Therefore, the establishment of a garage for servicing vehicles or the sale of any electrical goods finds profit in present times. Although, the business involves some amount of investment yet the profit accrued is always higher.
6. ECommerce Websites
Investment required: inr 1 lakh to inr 10 lakh.
Online shopping is the new era trend. It is the easiest way of shopping and getting the best product from thousands of options. All you need is a website and the products you want to sell, it can be anything like jewelry, shoes, or even everyday household items.
Investment required: inr 10,000 to inr 15,000.
Blogging is one of the best business ideas with low investment that can give you a high profit. Your investment is only in the form of the ability in writing a blog , an Internet connection, and a laptop or PC. It’s very simple but it can deliver high profits.
If the blog you create ranks first on Google , then the blogger can be paid by Google. This is really beneficial and easy to start. Moreover, blogging is being done by many people and they are earning filthy money without any investment too.
8. Online Surveys and Captcha Solving
Investment required: na.
An earning mechanism not at all painstaking, completing surveys, and solving captchas can generate revenue while staying at home. The skills required basic English knowledge, knowledge about numbers, and the internet. The earnings may seem small, but when accrued, the time and efforts show the results. It’s important to know that scammers are widespread in this domain.
So, do careful research before signing up for some survey companies to avoid indulging in illegitimate ones. Also, if the company is asking for registration fees then that's your cue to know it's a fraud site. You can also Google "scam" after mentioning the website name and you will get all the information needed.
9. Domain Trading
Did you know that selling .com and other web domains is a lucrative field? But expertise and initial investment are required before stepping into the shoes of a domain trader. The job revolves around identifying domains that hold potential, waiting for the right opportunity, and then selling it to interested parties, usually companies and organizations. Here you have to be creative and also have to research a lot.
You need to search for the brands which you think are going to be popular after one or two years, then buy a domain name by the name of the brand. When the brand becomes famous, they have to buy the domain name from you at a price you decide, and that's how you will make money.
You can purchase domain names from GoDaddy , Namecheap, or any other website.
10. Selling Photos
Investment required: inr 10,000 to inr 50,000.
Coming across pictures with bookmarks such as Photobucket and ShutterStock holds significance for a reason—high-quality images can be sold online for a great price.
You have to submit photos to such sites and when people purchase the same from these platforms, you will get paid as per the price set. You can start this business without any major investment.
If the camera quality of your smartphone is good then you are all set to go. But you have to make sure that you are uploading high-quality pictures. Otherwise, you will not be able to make money by selling photos online as those pictures will be used on a website and other online platforms.
11. E-book Publishing
E-books and PDFs can generate cash if they have the substance and ingenuity to stand out. Amateur and experienced authors can use online publishing not only to showcase their talent but also to earn money through sales.
If you are an amateur then you can use Kindle direct publishing to start your fiction and can promote it online. Many authors are making a lot of money simply by selling their books online. You can publish your e-books without any investment.
Investment required: inr 50,000 to inr 1 lakh.
Audio and video sessions constitute podcasting, though it’s generally audio files that make up the majority. Podcasts are digital files that subscribed users can download or listen to online.
You can start your Podcasts just by using your smartphone and earphones. But before starting your Podcast channel make sure that you have something that can give value to the people.
You can earn money by including advertisements either at the beginning, middle, or end of the session. Audiobooks are another form of Podcast. People like to listen to audiobooks more than read a book. You can create a website where you can sell your audiobooks that way you can earn a huge amount of money both from the website traffic and also by selling the audiobooks.
13. Stock Trading
Investment required: inr 1000.
Stock Trading is a great option to earn a huge amount of money. You can start Stock Trading with low investment and make that money work for you. But before you start Stock Trading, gather knowledge about the share market as much as possible. Then only you will be able to make money by trading stocks.
This is a high-risk, high gamble field and requires experience, acumen, and luck. There are millions of success stories as well as disheartening ones. Go for trading only when you can bear the brunt of falling on your face. This also requires some skills to earn a good amount of income.
If you have a massive number of followers on social media and they are dedicated to your posts, then you can start promoting products from various companies and can get paid for the promotions.
If you can generate more sales for the company, there are chances that you can turn out as their brand ambassador. People are getting heavily paid for it. Also, if you are a good model cum influencer , you can catch the eye of modeling companies and get a kick start to your career.
15. Mobile Food Service
Either you contact some restaurant or cook yourself. All you need is a delivery boy or more (depending on the demand) and vehicles. Give the service on time and most importantly serve tasty food.
16. Recruitment Services
You can start your own firm for providing recruitment services to other companies. Contact companies and find people who need jobs. You will just have to connect them both.
17. Event Organizer
Investment required: inr 50,000 to inr 5 lakhs.
Starting a small company which organizes events could be a good idea but this may need special ability and workers for the same. The most important skills for this business are your personality and event management skills.
Just like wedding planning, it requires a large amount of hard work to acquire the first clients in an event management business and the scale is dependent on the value that is added to the initial set of clients, as word-of-mouth is a huge source of publicity in both businesses. However, event management can grow faster as it caters to a larger audience , whereas wedding planning deals with a niche vertical. From birthday parties to client meetings in corporate companies are all handled by professional event managers.
In fact, many event planners start their businesses working from home. This can be a great model for setting up an event planning business as it keeps overhead costs down in those critical early stages of business and can maximize productivity.
18. Social Media Services
Social media services business includes services like Ghostwriting for businesses, posting on blogs, Facebook, LinkedIn, and Twitter accounts & Facebook pages. Overall you need to take care of a brand's social media presence and get them traffic and customers through social media.
19. Interior Designer
There is a significant amount of people belonging to the creamy layer of wealth in our country. And they are willing to spend heavily on expensive mansions, full facilities, and the luxury to express their level. And hence the furniture is one of the most valued products in an interior.
The amount spent on these luxury interiors is high and therefore the level of expectation is also high. The style, design, and quality of the interior elements which make up the value of the product are the factors that every decoration storekeeper should prioritize the focus on.
An Interior design business could be the best deal with low investment but this may need special skills. This kind of business is very suitable for someone familiar with and passionate about interior design. An interior designer has a creative side for art and aesthetics and gets paid for providing the same to their clients. Therefore it must be of good taste and match that of the potential customer.
If you deal with unique, fancy, and stylish furniture and can target the right people then the profit margins in this business are very high. You can also do only design work from home .
20. Grocery Store
Investment required: inr 10 lakhs - inr 20 lakhs.
Grocery is the most needful business for the selling of different goods that humans need daily. This is a profitable and no-loss business, as grocery is the daily basic need for all humans. Just invest a small amount of capital to buy some inventory from a seller and sell it in the market. You can purchase every product sold. You can start from a small grocery shop and gradually expand as per need.
21. Coaching Class
Investment required: inr 10 lakhs - inr 50 lakhs.
The business of education will never stop. Nowadays due to fierce competition, students preparing for competitive exams need some guidance for the preparation so they join coaching centers. These coaching centers are evergreen low investment businesses with higher profits which help in spreading knowledge and train students to become adept in clearing competitive examinations.
However, you just have to make sure you have an in-depth knowledge of the subject and explain the topic well to the students. Not only do you need to teach Maths or science, but if you are a professional in sports you can start acting as a professional sports coach. Looking at its popularity, coaching is one of the best low-investment businesses in India.
22. Mobile Shop
Investment required: inr 1 lakh - inr 5 lakh.
Starting a small mobile shop is a profitable business idea. With an increasing number of mobile phone users, a well-stocked mobile store in a good locality has a high probability of turning profitable.
23. Translation Services
You need specialization in one or two languages you speak fluently or to hire other translators who know multiple languages, for this business.
24. Mobile / Computer Repairing
Technology is an inevitable component in today’s time. It is now a necessity and not a luxury. Learning how to repair devices such as laptops and computers is a one-time investment. Take the necessary diploma/education and get your hands dirty.
Every vendor selling mobiles and PCs has a small space in the corner of his store that is for the repair guy. No, you’re not being asked to go and sit there but you can do the same and start this business at home with a small investment.
25. Driving School
Investment required: inr 10 lakhs - inr 15 lakhs.
To start a driving business , you need some cars and a good team of drivers who can teach driving. Or you can just contact your friends, neighbors, etc. if they want to learn to drive. Some people even bring their own car and ask people to teach them to drive. Thus driving school makes for a great high-profit business. You can start your own driving school business today with low capital and earn high profits.
26. Car Parking
Investment required: inr 50 lakhs - inr 90 lakhs.
Having a huge space for providing safe and secure car parking will be the best deal. Investments required will be in hiring security guards, installing security cameras, and organizing the parking area properly.
27. Public Speaking Lessons
Stage fright is a fear that strikes a chord with every individual. Some are born with the inherent ability to converse with confidence but some of us are devoid of this skill in childhood. If you’ve got the knack of speaking in front of a large audience with clarity and elegance that makes people jealous, then this attribute of yours can help rake in some moolah while improving the lives of others.
28. Dance Classes
Investment required: inr 10 lakhs to 25 lakhs.
If you are very good at dance, then you can think of starting a dance academy which is a very good business idea with a minimum budget. Many parents look for a good dance class for their children. Related to the earlier business, music, and dance classes are immensely popular. There is no dearth of the genre to choose from. All you need is a room in case of dance lessons. Businesses of these kinds gain traction as time passes. So, perseverance is of utmost importance.
29. Baby Sitter
Investment required: inr 30,000.
If you start a business baby keeping in the metro city you will surely see success very soon. Most of the people in the metro cities of India are very busy. So, people will definitely buy your services.
30. Courier Company
Many people today look for better shipping costs and timely delivery. If you think you can run and manage a courier company then this business is for you.
Investment required: inr 5 lakhs to inr 10 lakhs.
The consultancy firm includes agents who help people in getting things done. A consultancy works to reduce people’s workload and involves zero investment with higher profits. The best example of a consultancy service is TATA in India.
Legal, financial technical the plethora of fields means it’s best to generalize this broad category for this category of business. Experience and success in your niche dictate the profitability you’re going to enjoy.
32. Digital Marketing Consultancy
Investment required: inr 5 lakhs to inr 20 lakhs.
With more and more people coming online for the first time who wants to rank number on Google, Digital marketing consultancy is at an all-time high. With a good knowledge of Search Engine Optimization or social media, you can easily set up a digital marketing consultancy firm and help the business grow in the minimum time required.
33. Dietary Consultancy
With more and more people trying to fit in and be smart than ever in India, dietary consulting has become a very important service. If you can learn food dietary and nutrition you can make good money with low investment.
34. Packers and Movers
Investment required: inr 10 lakhs to inr 50 lakhs.
It is a low investment high-profit business idea with the largest amount of clients coming from central government services and public limited companies. If scaled, you can convert your small business into a big logistics company .
35. Ice Cream Parlour
Investment required: inr 50 lakhs.
Starting an ice cream parlor is another good business idea, to begin with.
36. Content Writing and Copy Writing
Websites ought to have content to obtain much-needed traffic (yeah, there are exceptions). Anyone with a flair for writing great content can generate a secondary source of income by delivering articles, columns, and whatnot for websites .
The magnitude of clients and amount earned per write-up may be less initially but once the flow sets in, the sky is the limit. Sound knowledge of the language and its intricacies is the primary requirement. And this has to be complemented by innovation and inventiveness.
Also, you can apply for content writing jobs from various job application sites and can work for companies. Internshala provides a lot of such jobs of content writing, that too work from home.
With the increasing number of websites, the need for content writers is also increasing day by day. In India, the pay of a content writer is too low but if you think that the quality of your content is best. You can start content writing for international companies and can make a career as a content writer.
When you have a skill, why let it go to waste? Can you create amazing websites? Teach your native language like a pro? Write catchy and interesting articles. If you have any kind of talent, start freelancing to earn money online without any investment.
Freelancing refers to an individual who is self-employed and working solely based on the fees given. If you are a freelancer, then you don't have to be particularly associated with an individual company and you can work with various companies , allowing yourself to get more exposure.
Websites such as Upwork, Fiverr, and LinkedIn are where this talent can earn some being. If you are not interested in such websites, you can create your own website or can create your social media profile to promote your freelancing skills to attract customers.
The biggest obstacle has to be presenting a testament to one’s knowledge because the platforms ask for concrete evidence to demonstrate one’s proficiency in the niche field chosen for freelancing. You have to build a portfolio before you start your freelancing journey. Now the competition is too tough but if you have a strong portfolio you can win the race.
38. Book Store
Book lovers always buy multiple books, thus, making the idea of a starting bookstore attractive.
39. Computer Trainer
If you are good at providing computer training this could be a good business idea to educate about computer operation which is a must in today’s world.
40. Online Store
Investment required: inr 10 lakhs to inr 30 lakhs.
Many people prefer to shop in online stores. This is because they do not have to bother to come to the store to buy something. Simply by using their mobile, they can buy the products they want and the product will reach their home immediately.
It can become an opportunity for you to do business in the field of online stores. You do not need to invest by buying products, just by selling other people's products. Thus, you can earn high profits.
41. Travel Agency
The travel agency is a link between the traveler or tourist and the principal suppliers such as tour packages, hotels, airlines, etc. The tourism industry is one of the fastest-growing industries in our country. The tourist attraction points bring more and more people exploring these places while taking vacations and traveling.
With the spin of globalization across the world, it is easier to travel around countries now. It is more accessible and requires less time to roam any country – and the same is the case with India. It is a great time to start a travel agency since there is such a huge client base to cater to.
42. Security & Spy Agency
With growing security needs you can start your own security agency another good option is to work as a spy.
43. Data Entry
Many companies today earn money by doing data entry work, so you may start providing services like this.
44. Resume Writer
If you are good at designing a resume and have a deep knowledge of the subject you can become a resume writer.
45. DJ Services
Disk jockey service is a part-time innovative business idea. People look for DJs on multiple occasions. If you are very good at music you can rock this business
46. Music Classes
Investment required: inr 1 lakhs to inr 1.5 lakhs.
Business in the field of music is very profitable business. You can earn a lot of profit from this business. All you need to capitalize on is expertise in music and having a musical instrument such as a piano or guitar .
If you do not have a building to open music classes, you can open this class in your home. You can take advantage of the empty garage to make a music class so that your students can comfortably learn.
Laundry is one business that can be started with small capital , that is easy to handle and quickly get into the public market. Many people seek these services in their daily lives. The laundry business a business that is suitable for you because you have enough to capitalize on the washing machine and detergent alone.
There is already a lot of laundry business that has been successful. Do you want to follow their success? If yes then start with this low-investment business idea which could return a high profit.
48. Web Designing
Web designing is a good business to start with a low investment. Web designing services are needed now. You just have investments in the form of a laptop or PC and Internet networks. A job as a web designer only includes web designing and content. You can do this job easier when you are equipped with the knowledge, expertise, and experience in this arena.
You can also work at home as a freelance web designer. Because the business of web designing is needed by the people, so many people are looking for it and pay dearly to those who provide these services. This business doesn't involve any investment. Although your skills in web development decide your pay scale for projects you undertake.
49. Affiliate Marketing
One business that is most preferred by people today is affiliate marketing . No need for high investment, you can sell other people’s products. Promoting a merchant’s product or services through some link provided (aka affiliate link) is the core of this kind of marketing. The interested individual signs a deal with a merchant like Clickbank, CJ, Flipkart , Amazon , etc. through its affiliate program, and receives a link in return.
The candidate promotes the link on social media and other platforms, and whenever a user clicks on the link, he/she is directed to the merchant’s portal. Any purchase done on the portal through this link is considered a sale done by the affiliate marketer (in this case, you), and the merchant tracks all the sales done by the affiliate marketer.
The number of sales and the transaction amount involved determine the commission. You can start affiliate marketing without any investment. But affiliate marketing needs a strong virtual presence to garner the needed attention and awareness. If you have a small audience and if the audience trusts you then you can sell them anything you want.
50. Xerox Book Binding
Investment required: inr 1 lakh to inr 3 lakh.
Many college and school areas in India, don’t have this facility and this could be a potential business in that area.
51. Real Estate Agent
The cost of land keeps increasing every day and people are unable to find one that satisfies their needs. This is where real estate agents can pitch in as helpers to search for the best deals.
Being a real estate agent or broker is extremely beneficial. You can put up tariffs to find a potential buyer or look for real estate required by prospective. It takes just communication tools and proficiency in speaking to please customers and make money.
52. YouTube Channel
Everyone knows about YouTube . Many famous personalities got their fame just because of YouTube. All you need to do is start a YouTube channel, create your videos, and publish them. The more often you upload the more viewers you get and the more you earn from online advertisements.
Make-up tutorials, fashion tips, and tricks, educational content, enticing videos, comedy vlogs, inspirational videos, etc. dominate the scene on YouTube. However, for YouTube's popularity, you should have patience and cleverness along with talent. Then, maybe you can be the next name on the list of famous YouTubers.
53. Cooking Classes
Whether you are a housewife or a cooking maniac, you can easily start it in your own kitchen with all your favorite recipes. Investing a lot is not necessary. Just start your cooking class, get the groceries, advertise a bit, and start earning.
54. Business Broker
This is the term where there is no initial investment. Just like Quikr and eBay do get the people who want to sell their used products and connect them to those who want to buy those used products. Get the commission when the deal is exchanged.
55. Fast Food Restaurants
The food service industry in India was projected to grow at over 15% of CAGR (Compound Annual Growth Rate) between 2014 and 2020 according to the India Food Report released in January 2016.
Offering food and beverages by starting up a restaurant is probably the best business idea that is sure to create maximum value and profits, however, it is also very competitive. There are many cases of failed restaurants or fast-food joints.
You need to select the right location, it should be preferred to be situated in a crowd-friendly area where a constant flow of customers is present. You also need to consider what type of customers you want to attract – the niche. And depending upon that you should alter your style of serving food, and offering services, and building up the interior thereafter.
Quality too plays an important role in the restaurant business. In today's busy world where working people, students eat most of the time out looking for quality food. You need to maintain the quality of the food. Online food delivery is also very trending and feasible nowadays.
Grab a place, get a cook (or cook yourself), get a name, cook delicious food, and start earning. This is the only business where you start earning from the very first day and if customers like your food you can easily be a successful business owner.
Investment required: inr 15 lakhs to inr 20 lakhs.
India is known for providing low-cost generic drugs to foreign countries, which has grown and matured more with the rising development of technology and product research. India is now gaining one of the top spots in health tourism, as people from Western countries find the best health services matching international standards at more affordable rates.
Today India is the largest exporter of generic drugs in the world , and it is also the fastest-growing and very competitive. India also has patents for pharmaceutical inventions that are in huge demand. And it can be a very profitable and lucrative business in India. The amount of doctors our country generates is very high and keeps on increasing day by day.
Earlier the doctor’s clinic and pharmacy used to be at distance from them, nowadays they have started attaching both and it is turning out to be very profitable for them.
Although there is a huge investment in the initial stage, the profit after some amount of time is also huge. The medical shop earns huge revenue because most patients visit the doctor in the clinic and purchase the medicines from the shop itself.
57. Beauty Parlour / Fashion Boutique
Investment required: inr 15 lakhs.
People, especially women, are very conscious about their appearances. And the beauty industry caters to them. It includes beauty treatments of all sorts but much of the need is for basic hygiene. Beauty parlors do well if they are situated at the right place where the customer visits are often high and provide the services at an economical value. The fashion industry is thriving and is never out of business.
With new trends in Bollywood and around the globe - the brands of clothing, footwear, and accessories are always getting their inspiration from them and they are demanded by a huge base of customers. They sell at a very fast rate too. Opening up a boutique is therefore very opportunistic and can get you a lot of returns if operated efficiently. They both are therefore very profitable businesses to enter in, especially for aspiring women who want to contribute to the income of their households.
58. Gardening Business
Investment required: inr 2 lakhs.
The gardening business involves growing plants and mainly these days herbs are becoming tremendously popular. From small shops to the largest warehouses, one can find medicinal herbs, herbal teas, baths, and candles. The herbs can be planted and raised and then further sold to wholesale or retail customers.
The major advantage of this business is that you just need mother mature which is really back to basic stuff, good for the body and the soul and it can be started from the comfort of one’s home as a pastime hobby.
It is good to start small, growing the herbs in a large backyard or renting inexpensive land. The profit margins would be small. One would need a solid working knowledge of growing and nurturing herbs to scale the business. For working on large areas of land, one would need to know the farming techniques in detail.
59. Clean and Green Services
Clean and green services add immense value to the people in families where everyone in the house is employed and doesn’t have time for basic housekeeping. Clean the house, water the plants, etc. So this type of business is catching up fast nowadays in metropolitan cities. This business is less capital-intensive and has great margins in terms of profits.
You will have to start by setting up a team and managing them. Training them is a crucial task as you besides just teaching them the techniques, will have to give them moral lessons too. It will help to create a good image for the company. You will also require good communication skills to constantly manage your employees.
60. Jewelry Designing
Investment required: more than inr 50 lakhs.
Many people enjoy wearing authentic, handmade jewelry. The beauty of handmade jewelry lies in the fact that each and every piece is unique and the person who wears it feel a unique sense of pride and grace by wearing it. Jewelry designing involves the following steps:
- Learn how to design jewelry.
- Purchase the tool kit required.
- Experiment with making various designs of jewelry at home.
- Reach out to different jewelers to show them your designs. Try to find a jeweler who knows you personally so that they don't steal your idea.
61. Bouquet and Greeting Card Making
No matter what the occasion might be, there is nothing that expresses our emotions better than a bouquet of flowers and a greeting card! There are different styles of bouquets to express our feelings. Whatever the feeling or the occasion, flowers play a prominent role.
Making different types of bouquets and designing cards for various occasions is an art. For people with the right talent and passion for this, this business is very simple and less capital-intensive.
It also reaps great profit margins as it caters to a niche market segment. This business can be interlinked with the wedding planning business and both can be done simultaneously to bring out the best ROI.
62. Accounting and Tax Preparation
If you are good with numbers, accounting, and tax preparation. Having sound knowledge regarding accounting, taxation, etc, you can handle financial records and tax-related issues of businesses and earn a good amount of profit with very less investment. You will need a computer and internet facilities and may need to hire a few people as you scale up.
63. Tatto Studio
Getting tattoos done practically anywhere on the visible parts of the body is in trend now. Tattoos are not just imprints for some people, they can be a way of expressing emotions and who they are. If you’re passionate about tattoos and want people to get them done, you can set up a tattoo studio with some basic requirements.
A good locality, with tattoo equipment, a hygienic atmosphere, and a lot of creativity. There! You have your own tattoo studio set up. You can easily save the cost of marketing by putting up your designs and customer reviews on social media platforms.
64. Insurance Agent
In the wake of pandemics, having a medical policy or health insurance has become vital. Insurances are short plans for the future and every individual is bound to have one. Pretty much everything can be insured in today’s times. The insurance umbrella accommodates everything from health, vehicle, shop, renters insurance, and much more.
You can pick your segment of insurance and start your business journey by getting licensed as an insurance agent. You can tie yourself up with an insurance company or apply for a sole proprietorship. Typically, for a sole proprietor, commissions for every policy written can be charged between 12-15% and renewal at 5% to 10%
65. Pet Caretaker
This one is probably the best idea to start making quick bucks. Love dogs? Or cats? You just landed an opportunity to cash on it. There are so many busy pet owners who are guilty of leaving their pets at home for long hours while they are away for work or on vacation. Pets can suffer from separation anxiety and can get depressed if not taken care of.
If you really love animals, you can opt for taking care of them while their parents are away. You could start small by providing food, taking them on walks, bathing them, etc., and later opening up a hostel where you accommodate pets in larger numbers.
Dropshipping has become a “go-to” option for many individuals who are planning on starting a small business on their own. Dropshipping is a business model where there are three parties, and you, the drop shipper acts as the third party. You have to find a reliable vendor or supplier preferably a local supplier who also manages inventory and has storage facilities.
The commission or profit margin has to be decided amongst yourselves with a mutual understanding. The drop shipper then markets the product on several platforms and brings orders to the supplier. The supplier handles the rest (packing, logistics, and delivery). Dropshipping is possible from giant e-commerce platforms like Amazon and Flipkart too.
There is always a hyper-local bakery in every locality that takes up the responsibility of providing bread and baked items. Bakeries have become a part of essentials since they provide the most basic ingredients for a basic meal . Also, if you have a knack for baking and you can pull a cake out of the oven without burning it, maybe you could do this for a living. Cakes are a must, be it on any occasion.
People will always find reasons to have cakes. Well, bakeries don’t just serve cakes but other items like bread, biscuits, and baked items too. Having a variety of healthy freshly baked loaves of bread is a sight for sore eyes. The bakery set-up needs an initial investment in a good place, ovens, and raw materials.
68. Hand-made Chocolates
Investment required: inr 50, 000.
Anything handmade gives a personal touch to it, be it gifts or something you can never go wrong with, Chocolates. Handmade chocolates need proficiency and craft to make them sellable . Chocolates have innumerable combinations that can be experimented with in various permutations. You can start by applying your creativity with handmade chocolates as gifts, return gifts at birthday parties, anniversaries, etc.
69. Honey Manufacturer
Investment required: inr 50, 000 to inr 5 lakhs.
Honey is a common item in 80% of Indian households. Its medicinal properties have proven to be beneficial for curing acid reflux, colds, and cough, and as a healthy alternative to sugar.
Considering the amount of its usage in food and medicine, honey is one of the most sought-after ingredients in Indian households. Therefore, beekeeping can be a profitable business when planned well. What’s more, the government of India supports beekeeping businesses by providing loans and subsidies.
To start your own beekeeping business, you will have to obtain the following:
- Firm registration
- Trade license
- FSSAI license
- GST registration
- Bureau of Indian Standards (BIS) Certificate
Other than the ones mentioned above, beekeeping will require the following tools
- Protective Gear (suits, glares, veils)
- Machinery (honey extractor, uncapping knife, beekeeper suit)
The honey manufacturing business can turn into a fortune if executed well. There is a higher scope for the business as India is one of the main exporters of honey.
70. Food/Tiffin Service
In a fast-paced world, as is ours, people rarely have the time and patience to cook their own meals. Eating out and take-outs are fun until you can’t eat junk food anymore. That’s where tiffin services save your day. Tiffin services are the ones where you are supplied with regular homemade food on a monthly basis .
This business is great to start off with especially if you’re living nearby a corporate area or college or hostel. You can cook basic meals like roti, sabzi, dal, rice and some salad. You can start by supplying tiffins in your neighborhood and slowly market it through social media and word of mouth.
71. Children's Play/Adventure Area
Investment required: inr 5 lakhs to 10 lakhs.
Play/adventure areas are enjoyed by both kids and adults. Play areas and parks are always full as they are fun and stress-busting. To start off with a kid’s play area you could hire a small place and paint it with your creative imagination. Throw in some slides, swings, see-saws, puzzles, and comic books. You could set up Galli cricket and mini football areas.
This business could go as high as you take it as there is no limit to adventure. You could also rent some of the games and books and keep your customers coming back for more.
72. Baby Crèche
Investment required: inr 1 lakh to inr 5 lakhs.
A lot of women working in corporate offices are on a crèche hunt for their babies. Some offices have taken the initiative to set up cheches in the office premises itself. But that is not the case with most companies.
New moms always find it hard to juggle work and motherhood. If you are someone who enjoys taking care of babies, you could start a baby crèche with a bunch of other women helping you. All you need is a good airy floor, cradles, diapers, and baby food.
73. Custom Gift Store
There are numerous stores featuring custom gifts for several occasions by various small artists. If you have a rental shop ready, you could feature custom-made gifts made by you or someone else in your shop. Custom gifts include handmade cards, embroidered items, pictorial gifts, etc. as you scale up you could hire people and have consumers customize their stuff.
74. Antique Shop
Investment required: inr 3 lakhs to inr 5 lakhs.
All the urban and sub-urban homeowners are always looking for something unique to make their house feel like home. Antiques are priceless as they come from a place in history. This is one of the best low investment business ideas as India can never run out of antiques because it has a super-rich culture and heritage.
You can start off by vising touristy places and collecting antiques and reselling in your circle. As your business picks up you could import or even export stuff to international buyers.
75. Organic Farming
Investment required: inr 5 lakhs.
Most of the urban crowd is altering their eating habits and choosing an organic diet. Organic foods are pesticide-free, rich in nutrients and anti-oxidants, and hence are much preferred. If you have agricultural land that is spared or has enough space around you can start organic farming .
A lot of technical experts provide farming knowledge for free or you could hire an expert to farm your land. Organic foods are seeing exponential growth and bound to have huge demand in the near future.
76. MLM Network Marketing
Investment required: inr 1 lakh.
Multilevel Marketing has been around in India for quite some time now. It is a business model that works on networking. You pick a company of your choice and invest an initial amount to get started.
You market the product and network with other people and make them join you under your name. The person under you follows the same procedure. This forms a chain and every member is benefitted from the commission earned on the sales made by themselves and the members under them. Examples of MLM marketing are Amway, Oriflamme, Modicare, etc.
77. Marriage Bureau/Matchmaking
Marriage bureaus are full-time, never running out of customers kind of business. Indian moms will always find one of these. Although apps like Tinder have the youth indulging in casual dating, matrimonial sites like Shadi.com are spread pan India matching people with their soul mates. If you think you have the sixth sense that’s required for a task like this, matchmaking is something you could monetize from.
Now, heads-up, this won’t be a money-making machine from the beginning as families coming to a marriage bureau are very specific with their preferences. There will be groundwork and meeting a lot of people. But once you get the taste of it, this business is truly exponential.
78. Organic Candle/Soap Making
A decade ago, I thought soaps were only manufactured in factories. Not the case though. Turns out a YouTube video can guide you to make heavenly smelling candles and soaps by investing some cost and pouring in a lot of your creativity.
It takes basic knowledge of soap and candle making and the rest is all colours, fragrances, shapes, and glitter. You could charge a premium amount for these products as they are handmade, mostly, and are organic, and can be diversified into many different products.
79. Career Counselling
Now this one might require a legit degree and a lot of expertise. Career counselling is one of the most groundbreaking businesses in the educational sector today. Career counselling helps individuals choose their careers based on their interests, abilities, and acquired or natural skills.
By the end of 2030, India’s population below 25 years of age would be 80 crores. Career guidance requisites would surge by a huge margin and this is the right time to start your business with it.
80. Aquarium Store
Aquarium stores provide you with fish tanks and fish of all kinds. To start off with an aquarium store, you need to invest in buying pairs of fish, fish tanks, oxygen setups, etc. Aquarium stores these days often customize the setting in a fish tank based on the size and requirement of the buyer. You can also offer fish food and tank-related equipment.
81. Photo Studio
If you’re good at photography, there is a wide range of fields in photography where you could apply your skills. They include pre-wedding shoots, wedding shoots, maternity shoots, commercial shoots for ad campaigns, or portraits. Chose your niche, grab a decent camera and get on with it.
82. Professional Reviewer
Many companies often look for their products to be tested and require valuable feedback. These companies pick individuals and send a free product for review. You can become a professional reviewer if you can get companies to pick you up. You need an active blog or YouTube channel for posting these reviews as they happen to reach a huge demographic. Make sure you have the required knowledge and expertise to talk about the product.
83. Investing in Low-Cost Franchises
Franchises are a strategy of conglomerates to expand their business across cities and states. Companies offer to set up costs and decent margins behind the stock to be sold. Start with researching a product or service that is doing well in the market and has a scope to grow in the future. Invest in the inception of the franchise and work towards marketing the product or service and watch the business grow.
84. Mystery Shopper/Customer Survey
A mystery shopper is someone who reviews products or services by discreetly visiting shops, evaluating the staff, testing products, possibly making a purchase, and filling a survey or feedback form. All you need to do is be 18 years old, have access to the internet, good command of the local or English language, and a smartphone. Surveys too are great for a busy or flexible schedule.
85. Stockbroker/Mutual Funds Agent
Investment required: inr 5 lakhs to inr 15 lakhs.
Mutual funds are subject to market risks. But they’re a great way of investing for the long term, short term, or any specific goals. Salaried and business entrepreneurs are into mutual funds and share markets with the hype around on social media. But most of them lack experience and knowledge.
If you are someone with great knowledge about stocks, you could get certified with a legit course and start your own stockbroking firm.
How this works, is when customers want to invest in a share or mutual fund, they come to you to use your expertise and invest their money in their respective options. You can charge them a commission for handling their accounts, and profits earned in the case of the stock market and premiums in the case of mutual fund plans.
86. Virtual Assistant Service
Virtual assistance service is a remote job where an individual works on a contract basis with a company providing assistance on everyday tasks . This is a remote job and can be done from a home office or remotely.
It typically involves being skilled in social media management, administration, or someone who can schedule, make appointments, calls, or travel arrangements. It has an array of options that you can explore or upgrade your skillset to get placed with elite companies.
87. Tourist Guide
Investment required: inr 10,000.
If you’re living in a place boarded regularly by tourists, you could use this opportunity to show people around. But first, a guide must be a tourist. He/she should have the urge to travel and explore different places. You need to become the explorer yourself.
Find out tourist spots, shopping places, food options, and the touristy places people would love to explore and visit. If travelling comes naturally to you, this might be your gig. You could blog and vlog your experiences on YouTube and other platforms.
This was the complete list of most profitable businesses in India with low investment. We hope the above list will help you to make an informed decision. We will definitely update this list as we get more industry information.
Well, you can always join our Facebook group which is one of the largest startup communities.
Which business is most profitable in India with low investment?
Some of most profitable business ideas in India with low investment are
- Writing services
- Gardening services
- Website designing and development services
- Driving services
- Marketing services
- Tuition or Coacing services
- Food/Catering services
- Fitness centers
- Photo/video services
- Makeup services
What are the best long term business ideas?
Some of the best long term business ideas or long term business goals/strategies would include:
- Making a foolproof marketing plan
- Building network
- Increasing sales
- Staying alert of the competitors
- Enhancing brand recognition
- Boosting credibility
- Gathering social media followers
- Expanding to other cities and exploring new opportunities outside the country's borders
- Launching new products and services
What are some easiest and most profitable small home-based business ideas?
Here are some tried and tested profitable business ideas that will work:
- Software development
- Website designing and development
- Graphics designing
- Ecommerce startup
- chocolate making
- Gift wrapping
What are some effective home-based business ideas for moms in India?
If you are a mom, and most of the time you remain home, then you are not alone, an overwhelming majority of Indian moms are housewives. However, being a housewife might certainly be boring sometimes for many mothers. So, here are some effective home-based business ideas for moms in India that you can try your hand at:
- Freelance writing
- Preparing Hand-made products
- Virtual Assistance
- Marketing online
- Food delivery
- Event planning
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