7 Most Profitable Businesses With Low Startup Costs In 2020

1.Build custom software and mobile apps

Given that more than half the world population is now accessing the internet for various online activities, the launching of business mobile apps continues to grow in leaps. If you are a software programmer or coder, you could build custom mobile apps for businesses and expect to earn between $5,000 to $50,000 per job.

Thousands of businesses with online presence now seek a way to reach people directly through their mobile phones, and that is where a functional mobile app would help. Even those with existing apps want them modified and reconfigured in more ways. And you could make a killing if you’re very good at this. This is a business that you could do from the confines of your bedroom so long you have a high-speed computer; and once you have a very satisfied customer, you can expect more to be referred to you.