We have always thought that to start a business requires a large capital and a lot of time available. And although this premise has some truth, the good news is that there are excellent low-investment business alternatives that you can start quickly and with low budget.
If you are looking for something that you can undertake without neglecting your important activities such as family, university or doing it part-time and earn some extra money, here we share some good ideas.
But if you also have some funds to start it will be a significant advantage that will help your business idea take off more strongly.
Of course that does not eliminate the importance of having a good business plan, a lot of attitude and desire to work.
In this post I will share with you at least 5 excellent ideas of small businesses that can be started with little investment.
But before getting down to business, three important conditions for things to go well from the first day …
- Be patient, your business may be slow but if you manage it well, it will grow and bear fruit.
- Do not pretend to buy a new car with your first earnings. Let your idea develop.
- Be diligent with your costs and reinvest at least half of your earnings.
Now yes, let’s cut to the chase.
5 Business Ideas to Start from Home
1. Sale of imported clothes
Whether wholesale or retail, there are a variety of options to sell imported second-hand clothes, which you can do in the garage of your home. If you do a little research you will find clothing distributors who sell you bales even classified for retail resale.
Why sell second-class clothes? It is because it is a business that can leave a very good margin of profit and that can be started by selling it to neighbors and relatives without requiring a fine and decorated place.
You can start with a first bale and measure your price market. In addition, over time you can get more advantages in prices and credit.
2. Be Part of a Network Marketing Network
The business network marketing are excellent businesses for entrepreneurs who need spend little time and little money to generate extra income.
Nowadays there are a diversity of product lines that range from personal care or home care to footwear, perfumery and vitamins, which makes them even more attractive.
Multilevel networks work based on affiliation systems through which you get special discounts that allow you to obtain good margins for sales and also commissions for the sales of your affiliate network.
In addition, network marketing networks have excellent sales training programs which is very valuable and positive for those who wish to develop these skills.
3. Frozen Micro Franchise
It is a proven fact that the sale of ice cream is a very profitable business thanks to the constant demand of this product in all times and the enormous variety of flavors existing in the market.
The micro ice cream franchises are very convenient because for less than US $ 700 you can get all the support of a brand to distribute the product, which regularly includes a freezer, advertising and product to start, among other things.
The job is to ship the product, carry sales controls and place orders every week, which is almost always delivered to your door.
With time and a little more money you can take this business to something more formal like a complete ice cream parlor that you can also attend by allocating a place at home.
4. Food Sales Business
Food is always a good business. Especially if it is administered well. So if the kitchen is your thing, you can set up a small business selling food and snacks.
There are many options that range from selling snacks and spare parts for executives to office lunches or a place to have coffee in the afternoon. And what about the banquets for parties?
Anyway, whatever the direction you give your business, if you do it with good taste, a lot of hygiene and you give some added value as a home service, then you can enjoy an excellent low-cost venture.
You do not need to rent a place at the beginning since you can start from the comfort of your home and advertise locally with flyers or through social networks.
5. Give Courses and Tutorials
Do you have an area of knowledge and experience of high value? Are you a music teacher, chef or do you speak multiple language? Then you can convert your skills and knowledge into courses and specialized tutoring for people who require the service.
The mothers will be happy to send their children to reinforcements with you and you can do it by having a couple of free hours in the afternoon and generate good pesos in return.
You should start by preparing a teaching plan that includes your experience, skills, available hours and hourly price. A nice and nice design will help you to sell this service better.
Then, offer it to family and neighbors to make it as practical and convenient as possible.
Ready to start?
If you have come this far, I am sure you are one of those people with a lot of courage and enough energy to undertake and achieve their dreams.
So I welcome you to the exciting world of entrepreneurs. Of those who work many hours with the sole purpose of not working for someone else.
Of course it will not be easy, but on the way I am sure that you will enjoy an enriching experience that will make you feel amazing and that in the process will also earn you money.
Remember that many of the big corporations in the world, started as a great dream, in the garage of a house and with a few dollars in your pocket. But yes, they never gave up.
What business did you find most interesting?