20 Businesses you can start today with little or no capital
When starting a business, the two most important factors that you must consider are start-up capital and whether it will bring in returns. And although sometimes you may not start a business with any capital, it is only important that the business builds itself from its own profits. Your business can expand from nothing to something irregardless of your financial situation.
The following are quick tips on how to run any successful business
-Ensure that you comply with all legal requirement
-Find a strategic location if you intend to operate away from home.
– Be professional
– Market your business
– Be consistent and reliable.
Here are 20 Businesses you can start with little cash and cost
You can bake from your own kitchen and sell in small-scale.
How to do it: You must do it perfectly to at least retain clients. But no matter how great your products are, without customers you could end up closing shop. To market your business, you should take any chance you get to let people know that you bake. When you hear of an up-coming wedding or birthday let them know about your baking deal. You could let people taste your delicacies so that they can market for you by word of mouth, literally. You can also show off your best cakes on social media.
Starting a daycare is very easy. The most basic requirement is that you be able to nurture. Anyone leaving you a child will do so because he/she trusts you. Be your best. Be gentle.
How to do it: Marketing involves placing a “daycare” sign at the entrance. Make it seem like what it’s meant to be – a place where children are taken care of. Make it attractive. There should be toys.Enough space to crawl and run. It should be running in accordance with the laws of your area.
The growth of a daycare facility is inevitable. It is a patience game. You build your portfolio with every passing day. Parents will always inform other parents about a good daycare. Distribute fliers. Be on social media, have a Facebook page, promote your business.
3. Consultancy Services
What is your expertise? What are you good at? Whichever your career, you can open a consultation firm. People will pay you for your consultation services.
How to do it: When you share posts on social media, be professional. Let people trust that you can give good advice. Add your qualifications on your profile. Appear as a guest on a television show. As more people get drawn to your knowledge your portfolio will grow and you will soon charge people for consultation services.
There will always be someone who wants to lose weight or get fit. You do not even have to have any training, you just have to look like you can inspire someone.
How to do it: If you are unfit get fit first. Have your before picture. Join a group of people trying to lose weight. Share your story.Watch as people seek your services. You should also promote your business on social media. Train a celebrity. Write some blogs to attract more people to your business.
5. Painting Services
Anyone can run a house-painting business. You can market your business as the only person or as a team. All you need is just the ability to do a neat painting job.
How to do it: You should list your services in the classifieds. If you need to go to your customers, then the best places to target are areas where people are building. So list in the classifieds and walk.
6. Clothing Business
Clothing business is very wide…from brand new clothes to second-hand clothes. What do you want to focus on?
How to do it: As you start your clothing business, you must first find a niche. You do not want to start dealing with a variety of clothes as a start-up, you need a niche and a target group. For instance you could focus on baby clothes only. Or the plus-sized. Or men only. Or lingerie only. The important factor is that you find a niche and focus on the customers you would want to target. After that, you must market your clothes. Promote the items online, one item at a time.
7. Make-Up Artist
The beauty industry is immortal. The make-up sector will never be congested.There’s always someone looking for a make-up artist for ordinary wear, special events e.g weddings, birthdays or prosthetic for entertainment.
How to do it: Advertising make-up artistry is easy. Show-case your portfolio on social media. Tag a price on them. People will naturally contact you.
8. Poultry Farming
This will definitely be determined by the laws of your area and if they allow poultry farming. If they allow it but require that you fill some papers, do so. Poultry farming is easy.Are you rearing turkeys? Or chicken? Or ducks? Geese?
How to do it: You ensure that they are immunized against common diseases for instance Marek’s and Newcastle because when such diseases attack, they can wipe out your entire business. You can then breed to sell the meat,eggs or even the chicks. All you need is a set market. Places you deliver your products on demand. You do not even have to market yourself intensively. You just need some fixed client, all you need to do is to do your business very well to retain the clients.
9. Blogging Business
Blogs are usually articles that seem like diaries and personal opinions. You can write articles that do not have to be factual but just your opinions about certain events including your own life.
How to do it: You may or may not choose a niche.
All you will need is traffic. That’s the natural truth about any online business. More traffic, more money. Your blog should be enticing enough to attract traffic. You can directly sell ad space, install Adsense or engage in affiliate marketing.
10. Dating Website Business
Dating site business entails launching a dating website where singles interact and eventually meet up.
How to do it: Very many dating sites are being created and are trying to compete against already established social media and sites exclusively meant for dating. It is advisable to create a dating site based on a niche like say a dating site for people over 30. Or elite people. Just make it about bringing in people with a common interest or even people within a certain locality. The advantage to this is that you can charge your curious and specific users. But keeping your dating site general and hoping that they will subscribe and pay is next to impossible. The current day question would be – why pay for a dating site while we have Facebook and Tagged? Facebook is not specifically a dating site, but it serves that purpose too. It is a social site and wherever people interact there are bound to be some attractions and relationships. So you start your new dating site to go against a powerful social network like Facebook? What extra features do you offer? Pick a niche.
11. Fumigation Business
Every home or premise will need fumigation services at some point. This is a business that is ever in demand. People who want to get rid of insects from their homes, farms, vehicles…
How to do it: You need to know the best chemicals to use against the insects. You want to do your job just once and leave your client satisfied. You should however allow your client to contact you if your strategy did not work. Be willing to re-do it until the job is done. Remember you want to not only please your client. You want to retain a client and you hope your client will recommend you to someone else. So do your job well.
This can mean that you either open a salon or be a mobile hairdresser. The best part about being a mobile hairdresser is that your capital is really less than when you have a work-station. You also probably do not need to fill any papers initially.
How to do it: You must do your job well so that you keep your clients. You must be punctual. To earn side income you can share your hairstyling tips on social media e.g on youtube or your blog then monetize it through Adsence or direct product marketing.How do you promote a product directly? You can approach the shampoo, oil, pomade manufacturers and discuss with them if they would be interested in you mentioning their products.If they agree, you sign papers.
13. T-shirt Business
You can design t-shirts with cute slogans. Or you can take orders to ensure that a batch of t-shirts get branded.
How to do it: You have to know where to get the t-shirts, where to get them printed or re-designed, at a good deal.You either have the facilities and machines to do so or act as a designer and broker. Remember, you are interested in a business that you can open with the least capital. Show-case your trendy t-shirts on social media.
14. Furniture Business
This could entail just refurbishing old furniture or making one from scratch.
How to do it: If you are refurbishing, find or buy an old piece of strong furniture and refurbish it into something new and valuable. Do not invest in furniture that requires a lot of work.
If you are making new furniture from scratch, make one nice piece of furniture that will bring you nice profit. However, it’s best that if you advertise yourself as someone who is in the furniture-making business, you work on orders.Let your clients bring you the furniture they want to be re-done.
Marketing is a very important factor in any business. Having great products is not enough, you must market them and that’s why marketers are invaluable people in all businesses.
How to do it: You advertise yourself as a marketer. Advertise yourself perfectly. You must be sure about the strategies that will bring you returns. Remember the client will rely on you for results and so you should know the tricks. Be keen to bring in the best results. Not every person can be a good marketer so do not promise what you know you cannot deliver.
16. Life Coach
Some people are naturally gifted with the ability to inspire and motivate. Are you such a person?
How to do it: It starts with giving solutions about good-living. Then once people gain confidence in you they will trust your advice. You have to market yourself as a life coach. You should be a good-listener.
You can share videos on social media and you can even charge your clients for every phone call. Or you can share your inspiring messages via texts and even be a speaker, at a cost. You can be an author, sell your books.
17. Rentals Website
This will be a website you launch to bring landlords and tenants together. You want to make it easier for people to find rentals from just clicking on your website than physically “window-shopping” rentals.
How to do it: Give your website a straight-forward, easy-to- pronounce name. Advertising it means you need traffic that not only searches rentals but also signs-up. You can advertise on social media. You can monetize it by adsence, by selling advertisement space and also approaching companies to advertise on your website at a cost. But you first must work on building traffic.
Sometimes businesses, politicians or even initiatives will be curious about the impact of either their products or agendas on the public. A survey will give them the answers they need and that’s where your business comes in.
How to do it: You can directly approach the prospective clients and inform them about your surveys. You can market your survey business by carrying out interesting unpaid surveys just to entice more clients. As long as your surveys are impressive, your clientele base will continue to grow.
19. Be an Author
Most authors have no more qualifications than just great writing skills. Authors are however not just writers. Authors write books.
How to do it: You want to write, publish and re-produce your book on a low budget so you have to find authoring opportunities that do not place a financial burden on you. One easy way is to look for someone whom you suspect would like to have an autobiography. Offer to do the job while he/she handles its budget. Or you can write simple books, for example children’s stories and recipes that have the potential to sell fast. Or books about awareness -, religion, teenage hood, sex-education, peer pressure…then approach your church, school, local library or the education sector to buy your books at a discount.
You can sell your books as hard copies or e-books. The important factor as usual, is not only to write the book but to also market them intensively.
20. Relationship Coach
Do you have great relationship tips?
How to do it: You need a social media page e.g Facebook page. You should bring traffic to that page. Share memes and relationship tips but most importantly post relationship tips and stories in your website. In no time you can offer, or be approached, to be a relationship contributor on a magazine. If your work is good, that will be a sure way to build portfolio. In the meantime you can attach Adsence to your website or sell advertisement space directly.
Which of these businesses can you establish amongst those listed?
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