With 2020 knocking on the door, many people have started exploring small business ideas to start their own businesses. But due to the costs required to start a business, the majority of hopeful entrepreneurs become reluctant to take the initiative. Consequently, they remain stuck in their boring 9-5 jobs which prevents them from following their dream of becoming an entrepreneur.
However, with today’s digital technology, there are many businesses you can start without making big investments.
Let’s check out some of the top ideas to get you started!
If you have a knack for sorting other people’s homes, perhaps consider becoming a home organizer. It requires little to no money and is a great way to earn extra cash! With some success, you can even quit your day job and make this your full-time business.
Remember that reaching out to the audience is the key here because, without it, the chances of your success will be very slim. And the best way to get the audience is to Instagram the images of your most successful jobs. Not only will this get you a cult following but will also give your business a wider reach.
Garage Sale Consultant
Getting garage sales done can be a frustrating process and many people don’t always get the results they want. That’s why, homeowners often seek assistance from garage sales experts with pricing, putting items on show, and negotiating with buyers.
If you consider yourself a good negotiator, becoming a garage sales consultant can be a smart move.
Small Business Ideas – Social Media Manager
A big portion of businesses, institutions, and organizations use social media as a medium to reach the relevant audience. Some use their own resources, while some seek outside assistance to spread the word.
If you have a strong understanding of various social media platforms and want to earn money from it, you should create a social media management business and start selling your services.
This is one of the most exciting small business ideas because you’ll be doing what you love and making money from it.
You may also like this: Make Money Using Mainstream Social Media
YouTube Vlogger – Small Business Ideas with Low investment
YouTube vlogging is another exciting idea for those looking to make extra money. It doesn’t require much equipment and you only need a camera or smartphone to record yourself.
Essentially, YouTube vlogging is a low-cost business with the potential for high returns. All it requires is your time and some great topics. Once you’ve managed to pull in viewers, there’ll be no stopping you.
Another business idea that requires less than $100 to start is window cleaning. While the scope of this business huge and the equipment for high-end projects may cost beyond $100, we suggest you take a small start and do only homes. Once the revenue starts to come in, you can use it to buy advanced equipment for bigger projects.
Event planning is a great business to do from home. You can do it part-time or full time – whatever suits you best. It is an ideal option to step into business ownership. So if you truly enjoy planning and managing parties, it’s time to become an event planner.
Programmer – Creative Small Business Ideas
Learning how to code is one of the most useful skills in the modern world. With technology taking over our daily lives, it has become essential to learn how to manipulate that technology in your favor. And writing code is an ideal way to do so.
Besides, the majority of companies and non-profit organizations run on computer applications. They often need good programmers to tackle issues for them, and you can do it right from the comfort of your bedroom if you have good coding skills.
Taxi Service – Best Small Business Ideas
If you own a car, you can use it to make money without spending a dollar. What you need to do is register with a ride-sharing platform like Uber and offer a taxi service.
Once the money is coming in, you can invest that into a regular taxi service and even hire employees to expand the business.
You should read: Reasons to Start Your Own Business
If you think you can cook food and make cakes that people would rave over, you should start sharing your cooking skills with others.
For this, you’ll need a small functioning kitchen and people that are willing to learn from you. If offering classes doesn’t seem convenient, you can also record yourself and put the lectures online. Great food is something we all crave, and if you think your cooking skills are the best in town, why not get some recognition and make money from it?
You can make a lot of money by helping your friends and neighbors to get rid of snow. This can be very lucrative as a side business. But of course, you’ll have to be living in heavy snow conditions for that.
Some Final Thoughts
The common idea behind these small business ideas is that they’re home-based and use the skills you already excel at. With these startups, you can make a million dollar company. One thing that you must remember while starting one of these businesses is that your amount of effort will dictate the success of your brand.