If you are tired of working under someone or if you want to work on your own terms, then starting a small business would be both profitable and productive. The only problem that you may face is regarding the initial investment. So if you are short on money, then there are quite a few small business options that can be easily started with a low investment. These are ideas that have a high earning potential and yet requires a very small amount of investment. Let us check out some options.
Food Joints or Catering: Good food is something that everybody loves. You can easily start a business based on home based catering or you can even start a small eating joint that would require a small amount of investment. Things that fall under this category may be a shop selling confectioneries, a salad bar, a juice centre or a bakery.
Beauty and Wellness: People have become highly self-conscious about their wellness and beauty and that includes their health, skincare and hair care. So you may easily start a business that deals with people’s wellness and beauty and that includes a beauty salon, a spa, Reiki centre, yoga classes or a massage centre. If you choose any of the above options, you have the liberty to work from your home or you can even provide service at your client’s house.
Consultancy: You may start a consultancy business from your home or can go online. Consultancy deals with helping your clients in a field in which you have good experience and expertise. To be precise, in this business, you would outsource your skills and knowledge to help others become good in a field in which you are an expert. Self-confidence is the key in this kind of business. You can opt from educational consultants, counsellors, dating experts or financial experts, according to your field of expertise.
Writing: Freelance writing is a great business option with almost no initial investment. You can just sit at home and with the help of internet, become a travel writer or an author. If you invest some money then you can also start a website that can provide content writing services to various business houses or even help tourists through a guide site.
Cooking Classes: If you are skilled in cooking but don’t wish to open a small eating joint, then you can easily opt for teaching the art of cooking. People are always eager to learn to cook various dishes from all types of cuisines and if you know a good amount of recipes then you can easily start a class of your own where you can teach young men and women how to cook.
Arts and Crafts: If you are good at painting or if you are an expert in some kind of art form, then you can give classes to those who are interested in the same. If you are a good craftsman then you have the added option of selling your creations online or in some fair.
Interpreter of Foreign Language Instructor: If you are well-versed in some foreign language then you can use your skill to act as an interpreter or translator. You may also give classes on that foreign language through internet or from your home.
Part-time Assistants: People often have a lot of petty jobs to be done but because of their tight and busy schedule they find it difficult to attend to them. You can easily act as a part-time assistant to these types of people and complete their tasks. For this type of business, you would need a mode of conveyance, a cell-phone and a computer. Just advertise the services that you would like to provide, on the internet, and provide services like picking up the laundry, setting up an appointment, making a phone call, getting tickets for a movie, grocery shopping or dog walking. This business would easily let you multi-task.