If you are short on cash but still want to prosper in your own business, here are 11 most profitable businesses with low startup costs.
Money is important and everyone needs it. This is the reason why you see people working 24/7. Some people are pretty satisfied working 9 to 5 jobs, or even for longer hours than that, whereas some people want to set up their own business.
Having you own business is nothing less than a blessing. The best thing about it is that you can do whatever you like, however you like. That sounds fantastic doesn’t it? Well, it could be the world, but the problem with people is, when they think about starting a business, they think about big money, which isn’t always that crucial. There is no denying the fact that the big capital matters, but you don’t always need a lot of money to start up a business. Some of the most successful businesses in the world started on a very small scale. The biggest example of that is Facebook. A group of students gathered together in a dorm room and came up with a fantastic idea. They didn’t have large sums of money, all they had was a good idea and today, Facebook is amongst the leading businesses in the world.
If you’re into small businesses, you might find our post The 12 Most Profitable Small Businesses useful as well.
An idea is extremely important whether setting up large or small businesses. A good idea can take a low-budget business to the heights if succeeds, whereas a bad idea can bring down even the most highly invested business. So, if you are planning on starting your own business but you are short on cash, here is a list of 11 most profitable businesses with low startup costs.
11. Pet Trainer
Do you love animals? Have you trained your dog extremely well on your own? Well, it is time to turn your skill into your very own business. You don’t have to do much, just get a certification and you are good to go.
10. House Cleaner
Who doesn’t want to live in a house that is clean? We all do, but the problem is, not a lot of people have the time to make that happen, or even if they do have time, they are just too lazy to do it. If you love cleaning, you could come in very handy for these people. To start your own cleaning business you do not even have to buy anything, most of the cleaning equipment you need is already available in your house.
9. Tutoring
So you got straight A’s in your school? Did you just graduate from your college with extremely good grades? Well, guess what, you do not have to go around looking for employment. You can start tutoring and make a lot of money. Tutoring industry is producing a lot of money in the US every year. Group tuitions in USA cost around $50 an hour, you could charge extra for private tuitions.
8. Delivery Service
Don’t you just hate it when you come back after work and your mom asks you to get grocery? Well, you are not alone. You can use this to your advantage and start a delivery business where you deliver groceries to doorsteps. All you need is a spacious vehicle and that is it!
7. Tour Guide
If you are a social animal and you know every single place in the city that most of the people are unaware of, we have some good news for you. You can be a tour guide and charge tourists for taking them to some of the most amazing places in the city that they aren’t aware of. Starting cost – just nothing!
6. A Personal Chef
There are a lot of families who have both, husband and wife working. They usually find it very difficult to cook their own meals, most of the times they end up eating out. If you love cooking, you can provide them your services and charge them for it. Since your main investments for this job are your skills, it is no wonder that this is one of the most profitable businesses with low startup costs.
5. Pet Poop Scooper
You will see a lot of people with pets but you won’t usually see them picking up their poop. A lot of people run away because they just find it disgusting. Well, you can come to the rescue and be the poop scooper. You don’t need much, just a few plastic bags and a pooper-scooper.
4. Party Planner
If people admire you for your creativity and out of the box ideas, you can start your own party planning services. All you need to do is market yourself on the internet and other platforms and let your mind do the rest.
3. Translator
Do you know more than one language? Yes? Fantastic! You can not only teach that language to people, you can also provide your services to different organizations.
2. Babysitting Services
No, babysitting is not just confined to teenagers, if you are good with kids, you probably could start your own babysitting business. However, in order for you to make yourself prominent, you need to provide your services 24/7.
1. Content Writer
Topping the list of 11 most profitable businesses with low startup costs is content writing. If you are passionate about writing and good with grammar, you can market yourself on websites like elance.com where you will find different employers offering contracts.
