Best Small Business Ideas with Low Investment: Now a days many people are considering to start a small business so they can earn some extra income. Starting home based business or small business is within the reach of anyone who wants to work hard and wants to take risk.
Do you want some extra income and not ready to quit your day job? Try one of these best small business ideas with low investment. Many of these ideas are simple to start and most can be done solely.
1. Health club
‘Health is Wealth’ everyone knows this mantra in todays world. People are very health conscious now-a-days, specially youth, teens. why not to take this as an opportunity and start the health club? you can start small , medium, big gym and fitness centre depending where you live. This is excellent business. you have to invest at once and you can taste is fruits for long term. No other special skills are required. This is one of the Best Small Business Ideas.
2. Recycling Pickup
“Protecting environment is protecting human race” The recycling is one of the best thing we can do to save our environment. Most of the people have pickup bins but they don’t take any extra effort to sort it according to its category. e.g. electronics, batteries, old television sets, broken phones, etc.
offer a Free pick of all the e-waste thats dumped in their garage. bring them to your local electronics recycling facility. you can charge them per item or flat fees. In this way you are earning nice sum of money and also helping to protect the environment .
3. Packers & Movers
when one changes his/her location and moves to better convenient place for the sake of comfort, the most painful, tedious, time consuming work is to move all your goods from old location to new location.
so friends here is the business opportunity for YOU. Start a business which will pack and move all the good to the new location safely. You can charge them as per items or lump-sum amount + transportation charges. For this business you require 1 pickup truck and 2-3 workers.
4. Software Training
‘Sharing the knowledge is the best thing’. if you are highly expert in some kind of software eg. Photoshop, Accounting Software, Final Cut Pro etc then you can get paid to pass your knowledge on to amateurs and professionals, who looking to enhance their skills. Many organisations invite such experts to teach their staff.
you can schedule a workshop or arrange a private sessions and charge them for full course or per hour basis.
5. Food Truck
Food is the basic need of every human being. In todays fast life style, many people have no enough time to go and eat in the restaurant. also for many its might not be affordable to visit restaurant. For such people food truck is the best option to enjoy delicious food and that too in low cost.
you can start food truck, its less expensive than starting the restaurant. you may need to food licence depends on your location, a food truck and 1-2 assistants and some great recipes.
6. Pet Grooming
Human is the social Animal. Many people love dogs, cats, horse as pet. they are animal lovers. They take atmost care of their pets. But bathing and grooming their fur is not easy task for them also they don’t want to hurt the pet. Pet groomers perform these task for small fee. its a perfect job for the animal lover with grooming skills.
7. Dairy & Sweet Parlour
You can start a small dairy and dairy products shop in your area. This is also good business depends on the country, location. with dairy & parlour you can serve the daily needs of the people.
8. Boat Cleaning
Boats are the kings of sea. Boats cant stay in water for the life time. they are hauled out of water for winter or for the repairs. It require the cleaning of boat in order to run it safely and efficiently. Depending of boat type its good idea to clean it on regular interval. You can start boat cleaning service in the bay area and offer your service. also you can make contract with the boat owners to clean their boats whenever they halt. This business may require experience, training or license.
9. Freelancing
Now a days many companies are turning to freelance and contract workers as they are cheap and easy to maintain also company need not to worry about all other HR thins. This business can be done individually or you can build a small company depends on your skills. You can find project opportunities on freelance.com or odesk.com fiver.com . The best part about this type of business is that you can pick up any type of skills such as data entry, academic writing .excel projects , SEO, graphics design etc.
10. Growing and Selling Produce (small farming)
Do you like to grow the vegetables? do you have small land?(or you can take it on lease). Focus on one vegetable depending on season and sell the excess to the nearest food mall or grocery shop or at farmer’s market. You can do really well by doing some research before plantation of vegetables. One of my neighbour earns solid extra income by growing Tomatoes.
11. Translation Services
‘The world is the family’. The world is growing beyonds borders of country. All that communication is creating the need of translators. If you are multilingual or you can start the small company and and hire such multilingual people. You can charge your client depending on the language or documentation.
12. Mobile Hair Saloon (for oldies)
This is growing and required need of senior people. As many of the senior citizens cant move too far due to health problems. So why not to give them a nice hair cut or beauty treatment at their home? You can start Mobile saloon, its growing business. Also you can earn well.
13. Dog Breeder
Pets are very popular in US. Many people adopt pets from animal shelters, others are looking for specific breed. The purebred dogs are very popular and you can earn good sum of money by selling them. You can start Dog breeder business. but remember this is serious business and require lot of patience. training, experience or licensing may be needed.
14. Smartphone Repair
Smartphone is the essential part of day to day life. You cant live without smartphone if you are a businessman. Many time people drop the phone accidentally , or its in your pocket when you are at beautiful beach and falls in the water. Have you tried to repair it? it may cost you many time as price of new phone.
Millions of smart phones are there and people will broke it now and then accidently. so you can start small Smartphone repairing service and charge them. Its good and growing business. eg iDropped.com
15. Contracting
This is excellent opportunity for the skilled workers. who are ready to take some risk and grow. There is huge demand for skilled workers. you can start contracting as per your skills such as, painting, carpeting, electric installation etc. First start small and if you thing you can expand then grow your business. There will be always demand for skilled workers.
16. Auto Detailing/ Car Cleaning
In US almost every person owns a vehicle and they get dirty. Nobody likes to keep their car dirty. so here is business opportunity for you. Do you love to get things gleaming clean? then this business if for you. You can open car cleaning centre in your area.
Car washes are typically very passive. Once the machine is set up, all you need is a single employee to receive the payments and begin the wash. If your machines are built properly, there won’t be a huge amount of repairs, and your expenses are pretty low (water, electricity, soap, and…that’s about it)! This sounds like a money-making machine!
17. Senior Citizen Assistance
As medical science evolving, the life expectancy of people is increasing. But due to old age many senior citizen not able to do so many activities. you can assist them and earn money. and you will also get satisfaction. after all helping a human is like helping the god.
18. Book Store
This is the era of digitazation but still so many people prefer to purchase and read the hard bound books. You can open the book store with multiple variety of books. surely this will get you some extra cash.
19. Babysitting
Whether you ask your friends, family, and neighbours or simply utilize services like SitterCity, there is money to be made in babysitting.
20. Custom Made Gift Store
There is huge demand for personalised gifts. if you have art of creating gift items then you can start this business and sale it online or via local store.
21. Resume Writer
If you have good designing skills and sound knowledge then you can become a resume writer and charge people for this service. As demand for skilled workers is increasing. and companies call only those people for interview who have impressive resume.
22. Hair Stylist
People like to live fashionable and impressive lifestyle. The hair style is important for making impression on people. Hair styling is popular business. It has huge demand from women customers. If you have cosmetology certification then don’t hesitate to start hair styling business.
23. Massage Therapist
People have busy stressful lifestyle. they need to relax in order to work efficiently. The body massage is the good option. If you are certified massage therapist then you can start your own massage parlour. This business have great potential.
24. Cake and Cupcake Baking
People love home made, organic food. you can bake cake or cupcake with some tasty flavour and sale it via local store. or through your contacts. One of my neighbour earns per month $10,000+ by selling cupcakes through Instagram.
25. Snowplowing
Do you live in a area with lots of snowfall during winter season? then its good opportunity for you. you can start the snowplow business. you have to invest in plow attachment for your pickup truck or strong jeep.
26. Insurance Consultant/Agent
Do you have convincing skills?you can become an insurance agent or consultant. Insurance companies pay very good commission per sale.
27. House Cleaning
Whether you are scrubbing floors or mowing the lawn, services like HomeJoy have crafted a career out of aiding their clients in finding house cleaning opportunities. on an average house cleaner may earn $30,500 +per year.(http://work.chron.com/much-house-cleaners-make-6896.html)
28. Antique Refurbishment
Good news for antique lovers. for them its a perfect business. Find, purchase worn-out antiques and invest some time and care. then transform it into something amazing. and resell it on ebay.
29. Personal Chef
If you love cooking and if you make tasty food then. you can be a personal chef for some rich busy people. One person i know, he works as a personal chef on weekends. he go to someone’s house and prepare homemade meal for their family then clean the kitchen.So that family can have lot of time to spend with each other. and you can also earn extra dollars.
30. Jewellery Maker
Do you have patience, skills and eye for details work, handmade jewellery can be huge profitable you can sale this created items at local gift shop , crafts fair or online sites like Etsy.
31. Event Coordinator
There are many events like family reunions, parties, birthday parties, marriage functions or some kind of celebrations. People want it to be perfect, but they don’t have that much time to spend 0n such things like arranging all sort of items and other stuffs. You can grab this opportunity and become a event coordinator. but you have to be punctual and multitasking for this type of business. Even you can get more business with one-on-one contact with rich people.
32. Interior Designer
People love to decorate their home. and would happy to hire someone who can help them in decorating their home. if you are fascinated by interior design and have large collections of design material then you are perfect for such type of business.
34. Small Grocery Shop
In many small towns there are no bigger malls or shops. but still people have to fulfil their day-to day grocery needs. You can start small grocery store and gradually increase it.
35. Ice Cream Parlour
Ice-cream parlour is also nice business with low investment. many people love to eat ice cream in all seasons.
36. Yoga Trainer
Today’s lifestyle is stressful and busy. people need to keep their mind calm and maintain their cool. You can be a Yoga trainer and start your consultation. in this business you can also get some health and extra money.
37. Real Estate Consultant
Real estate is growing business in many part of the world. If you have negotiation skills you can start a consultancy service and guid people for buying their dream home.
38. Photographer
If you have a camera and understand the basics of taking a decent picture, events such as weddings should provide you with ample opportunities to make some money.
39. Soap Making and Spa Products
Its not that hard to make homemade soaps and other spa products. if you have some time and patience you can get success. people respect and value homemade/ handmade products. uou can sale them at local store or online shop like Etsy.
40. Gardening Services
This business have demand from rich people who have enough space in their backyard and are health conscious. People are ready to pay you if you are willing to grow some vegetables , flowers in their yard so they can have access to extra fresh and trusted produce without any extra work. If you love farming then this can be great source of extra income for you.
41. Catering
If you love to cook then you can start home catering business. You can work on weekends. This is perfect business for foodies. But you have to plan all the things ahead of time.
42. Security or Spy Agency
With growing demand for security staff, you can start a security or spy agency and provide the protection to celebrities, banks, pubs, hotels schools etc. If you good force of muscle and daring people then its easy to start this business.
43. Furniture Making
If you have art of wooden work and some useful equipments then its easy to get into this business. It doesn’t require long list of items. In addition to making furniture you can also start repairing the old wooden furnitures.
44. Wedding Planner
For many people wedding is the most auspicious event of their life and they want it to be perfect. and ready to spend big chunk of money on it. If you have organisation, multitasking and presentation skills then its easy for you to start this business. The main benefit of this business is that you have to work only for few days per event. and you can earn excellent money.
45. Electronics Repair
This is similar to computer repair business. you need some basic knowledge of electronics. many time purchasing new instrument is very high so people prefer it to be get repaired. In this way you can earn money and people can save money. also you can ask them to donate the old electronics instruments to you so that you can use its parts.
46. Financial Planner
This is my business. 🙂 many people don’t have knowledge about finances, so they hire financial planner (like me.) to handle all their savings, investment, stocks portfolio, taxes etc. financial planner help them in saving and earning money, and in he can charge for the service and earn very good money.
To start, you have get certification like CFP(Certified Financial Planner). Your certificate shows your expertise & credibility in the field of finance. you can get more information about cf here. www.cfp.net
47. Travel Agency
we love to explore new destinations. so that we can learn many new things. you can start travel agency and help people to visit to new attractive location and charge them per tour.
48. Import / Export Specialist
Import /export business has huge potential if done correctly. actually you can start teaching people about import/export business and earn money. also you can get few more clients with whom you can directly start business. so there will be two source of income.
49. SEO Consultant
For the growth of any online site or business the search engine optimisation is very important, so the users can reach to the site. This business has too much demand in todays world. you can earn millions by doing SEO consultation like Neil Patel of QuickSprouts.com
50. Resale Auto Dealer
Many people drop their old car or bike after using for few years. you can become a resale auto dealer and help such people in getting good value of their vehicle.
51. Solar Energy Consultant
Go green, save earth. All the fossil fuels are going to become extinct at some time. so we need to start using renewable sources of energy. one such source if our Sun. you can help people by doing inspection of their home for installing all required solar equipments. it may include from solar electricity to solar lights everything. You can charge people for your consultation and also you can earn affiliate income by recommending products of some particular brand.
52. Online Store
This is good business. you can start an online store and start sale of products you like. if people like it then they may place order it through your website. then you have to ship the product to their doorstep and charge them.
53. Christmas Tree Sale
if you want to start a christmas tree sales business then you need to plan ahead. It takes approx 7 years for a balsam fir. selling tree ourself is best option. people come to your farm, choose the tree they want, and you harvest it for them.
one Bonus small business idea
54. Motivational Speaker
People always need motivation. If you have public speaking skills and if you motivate the people then its good business for you.
I have tried my best to cover all possible small business ideas with low investment. you choose what suits to you and your skill set and start earning. Many time we need some little courage to start the business. But if you want some extra income then you have to work extra. I hope you will definitely succeed in your business. After starting your business please dont forget to share your experiences with me. I am eager to hear from you. if you have any queries you can ask me in below comment box.
Business Cash Flow says
Recycling is the most brilliant idea here. I think that we can make money out of trash. All we need is to be creative. We can make crafts out of recycled materials and sell it. Instant money!
We Factor says
I totally agree with what you said. I think that recycling is a great business. We can earn money from it and at the same time we can help save the environment. Thanks for sharing this.
Lindah says
Thank u so much.I will go for home catering and l will also open a juice bar at kiambu.Trust me l will come back to tell you how the bussiness has grown.I didnt have the courage but now l have.God bless u so much!
Godfrey says
thank you. especially nowadays we face the problem of unemployment.
Aniyah Berger says
Learnt a lot from this post! Cheers 🙂