We have always thought that starting a business requires a large amount of capital and a lot of available time.
And while there is some truth to this premise, the good news is that there are great low-investment business alternatives that you can start quickly and on a budget.
If you are looking for something that you can undertake without neglecting your important activities such as family, university or doing it part-time and earning some extra money, here we share some good ideas.
But if you also have some funds when you start, it will be a notable advantage that will help your business idea take off with more force.
Of course, this does not eliminate the importance of having a good business plan, a lot of attitude and a desire to work.
In this post I am going to share with you at least 5 excellent small business ideas that can be started with little investment.
But before going to the point, three important conditions for things to go well from day one:
- Be patient, your business may be slow but if you manage it well, it will grow and bear fruit.
- Don’t expect to buy a new car with your first earnings. Let your idea develop.
- Be diligent with your costs and reinvest at least half of your earnings.
5 BUSINESS IDEAS TO START FROM HOME
1. Sale of imported clothing
Whether wholesale or retail, there are a variety of options to be able to sell second-hand imported clothing, which you can do in your home garage. If you do a little research you will find clothing dealers that sell you bales even classified for retail resale.
Why sell second hand clothes? It is because it is a business that can leave a very good profit margin and that can be started by selling to neighbors and relatives without requiring a fine and decorated place.
You can start with a first bale and gauge your market price. In addition, over time you will be able to obtain greater advantages in prices and credit.
Here you can get this guide to suppliers of American clothing in Mexico.
2. Be Part of a Network Marketing Network
Network marketing businesses are great businesses for entrepreneurs who need to spend little time and money to generate extra income.
Today there is a diversity of product lines ranging from personal or home care to footwear, perfumery and vitamins, which makes them even more attractive.
Multilevel networks work based on affiliate systems through which you get special discounts that allow you to obtain good sales margins and also commissions for the sales of your affiliate network.
If there is a proven fact, it is that the best independent entrepreneurs ( Leaders Networkers) who engage in this business can build significant income in addition to bonuses, trips and many additional benefits.
Network marketing networks have excellent sales training programs which is very valuable and positive for those who want to develop these skills.
3. Ice Cream Microfranchise
It is a proven fact that the sale of ice cream is a very profitable business thanks to the constant demand for this product at all times and the enormous variety of flavors on the market.
Ice cream micro-franchises are very convenient since for less than US$700 you can get all the support of a brand to distribute the product, which usually includes a freezer, advertising and product to start, among other things.
The job consists of dispatching the product, carrying out sales controls and placing orders every week, which is almost always delivered to your door.
With time and a little more capital you will be able to take this business to something more formal and lucrative like a complete ice cream parlor where you make your product with your own brand.
4. Food Sales Business
Food is always a good deal . Especially if it is managed well.
So if cooking is your thing, you can set up a small business selling meals and snacks.
There are many options that range from the sale of snacks and spare parts for executives to lunches for offices or a place to have coffee in the afternoon. And what about banquets for parties?
In short, whatever direction you take your business, if you do it with good taste, a lot of hygiene and give it some added value such as home delivery, then you can enjoy an excellent low-cost venture.
You do not need to rent a space to start as you can start from the comfort of your home and advertise locally with flyers or through social networks.
5. Give Courses and Tutorials
Do you have a high-value area of knowledge and experience? Are you a music teacher, chef or do you speak English? Then you can turn your skills and knowledge into specialized courses and tutorials for people who require the service.
The mothers will be delighted to send their children to reinforcements with you and you will be able to do it by having a couple of free hours in the afternoon and generate some good pesos in return.
You should start by preparing a teaching plan that includes your experience, skills, available hours and hourly rate. A nice and nice design will help you sell this service better.
Then offer it to family and neighbors to make it as practical and convenient as possible.
READY TO START?
If you have come this far, I am sure you are one of those people with a lot of courage and enough energy to undertake and achieve your dreams.
So I welcome you to the exciting world of entrepreneurs . Of those who work long hours for the sole purpose of not working for someone else.
Of course it won’t be easy, but along the way I’m sure you’ll enjoy an enriching experience that will make you feel amazing and also make you money in the process.
Remember that many of the world’s largest corporations started as a big dream, in the garage of a house and with a few dollars in their pocket.