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How to start a business with no money: Low-cost business ideas 22 Real businesses people started with $1,000
Low Capital Start Up Ideas
Being your own boss has never looked better – so it’s understandable that there’s been a surge in post-epidemic levels of people starting to panic.
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If you want to start a business to change your life with money, you may not have a lot of money to spend. That doesn’t mean you don’t have options. I asked around and was bombarded with ideas for all kinds of low-cost businesses you can start with little to no startup cash.
The business ideas here are just a tip of the iceberg. As you review the models and come up with your own ideas, here are a few tips to make sure you keep your head on your shoulders.
Remember: because you are starting a business with no money—or very little—you have to be very careful in everything.
Remote work is a hot topic right now, but there are many business opportunities in your area. Here are some low-cost businesses that you can invest around $1,000 (or less!).
Businesses You Can Start With Almost No Cash
If the thought of sitting at a desk all day makes your skin crawl, a landscaping business can fulfill your needs to get outside. Upfront costs can be as low as $500, especially if you start with equipment you already own. Landscaping is often seasonal, so you can use automation to help run your business during the busy months.
Calling all Great British Bake Off fans: thinking of selling your creations? You should check your home baking rules, but if you are already a baker, you should have the tools you need.
Colin Johnson started the Bread Company from his home in Connecticut. “To get started, all I needed was a $50 license, a $100 food safety course, the necessary ingredients, and some equipment to create a great product. I also invested in a domain name for my website, so the total initial investment was about $1 . 000,” he shared. “I was able to pay the money back in a few months.”
Colin also shared a few words of advice for people starting a new business: “You have to give the same service to your 10,000th customer as you did to your first customer. It involves thinking more about the future than I realized, so think about how you can grow your business model quickly.
Profitable Small Scale Business Ideas [with Low Investment]
If you love music or just enjoy the youth room at a Bar Mitzvah, you may want to consider starting a DJ business. Depending on the equipment you have and what you need to buy, you can start a DJ business for about $1,000.
For some animal lovers, spending every day with furry friends is a dream job. Usually, the initial cost of setting up a pet shelter or dog walking business is just licensing and insurance (although some platforms like Rover will pay for that). If you’re looking for something a little more casual, services like Sniffspot let you rent out your yard to local dog owners.
Are you following Konmari’s path and planning shows on Netflix? Apparently you can get paid to do that. You can spend several hundred dollars to set up a professional editing service and earn as little as $55 an hour.
Do you know how to clean and clean video clips? You can live that. Picking up broken beds for free or cheap on places like Facebook Marketplace, cleaning them up, and reselling them is a great business for anyone with a car and a family to support. TikTok creators Cameron & Sadie called the gig “a very simple process.” Take a look.
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@cameronandsadie Easiest Side Hustle! 😊 #furnitureflip #furnituremakeover #sidehustle #sideincome #flips #couchflipping #couch #flippingcouches ♬ FEEL THE GROOVE – Queens Road, Fabian Graetz
If you want to sell products without a large investment, try to buy cheap products and sell them to the audience. People who don’t live near a grocery store or are looking for specific types of products will love what you have to offer. Building an audience around a specific topic makes targeting and building a brand easier. For example, the Vtgspice store on Depop sells ’90s-era shirts and sweaters.
You can buy books from a thrift store, a library sale, or a real estate sale and sell them to an online audience. If you use Fulfilled By Amazon (FBA), you don’t need to handle books and send them to sellers.
A personal concierge is similar to a personal assistant, except that you will serve multiple clients. As long as you have reliable transportation and a computer or mobile phone to manage online services, there isn’t much else you need to get started.
Low Investment Clothing Business Ideas That Work
If you want to work from home, there are many home business opportunities with low startup costs.
Just like the average person does local chores, a virtual assistant helps people manage their work and life from the comfort of their own home. The world of support is flexible, as you can specialize in general admin tasks or business areas like media management.
Caroline Marshall, founder of Upsource, shared that she “set up as a VA in 2020 with very little investment. Now I have a multi-award winning VA company that became a Ltd company last month. VA business is great. very cheap to start.”
Creating and monetizing blogs is one of the most popular ways to make money online. James Taylor, an SEO consultant, recommends looking into your interests if you don’t know where to start.
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“A hobby blog, in particular, is a great way to start because you won’t be short of content ideas. You know what people want because it’s what you’re interested in, and you’ve no doubt researched similar things in the past. You’ll also know what people will need to get started.”
Although there is an initial investment, your biggest investment in getting your blog off the ground will be time. Mushfiq Sarker, the founder of The Website Flip, said that “the skills needed to build a website include SEO, content marketing, and technical knowledge of how to set up a website. The advantage here is that you can start with $10, set up a website, and then use the platform. free like WordPress. As for learning the ins and outs of business, there are hundreds of YouTube channels and blogs that cover these topics.”
When you set up your blog, you have several ways to make money. Robert Jones, the founder of Property Investments UK, said that blogs “can make money in different ways (mostly cheap and not expensive) from associations and sponsors, through showing advertising and selling your products.”
Do you have something to teach? Instead of starting a blog, you can start offering tutorials or workshops. Prices can go into the thousands if you let them, but you can start small with a simple website and marketing. Once you test the idea and make money, you can add it to your business.
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Paige Arnof-Fenn, founder and CEO of Mavens & Moguls, said “setting up any type of consulting or coaching business at a low cost (under $1,000) is possible because all you need is a website, logo, name, email, business cards, Online writing of proposals and invoices, mobile phone, is a good idea to go.” Paige recommends skipping printed materials like brochures and letters to save money.
When you don’t have money to invest in a business, you can rely on your time and talent. Alex Birkett, co-founder of Omniscient Digital, shared that “working businesses are easier to restart because you’re selling your time.” Alex and co-founder David Khim started their organization in their free time outside of their jobs. They keep initial costs low by doing the work themselves and holding off on hiring until they get the client’s money.
The most sought-after freelance skills include web design, social networking