7 Most Profitable Businesses With Low Startup Costs In 2020

4.Content Creation

Everything about the internet is about content; content makes the internet alive and dynamic. The content comes in various forms – articles, videos, photos, music, and other files. Every content on the internet is created by people who are mostly paid for the service, and you can tap into this online marketplace to create a paid content creation service for global clients. These range from article writing, proofreading and editing, graphics design, coding, digital marketing, and social media management, etc.

The first way to go about it is to register with an online platform and get clients to hire you, and the second way is to set up your own website where clients can reach you. When you register with platforms such as www.upwork.com, www.fiverr.com, and www.freelancer.com among others, you bid on posted projects and clients can hire you for as much as you are worth, while the platform takes a small percentage of your earnings.

To make this a real business, you can set up your own website so that businesses requiring content can hire you directly. But more ambitiously, you can establish a marketplace where clients can post their jobs for a fee and freelancers can get hired for a commission of their earnings. This way, you do nothing beyond maintaining the platform and rake in thousands of dollars in cuts every month.

wavebreakmedia/Shutterstock.com