What does it take to start a business? Not much. You don’t need big investments, fancy gadgets, or impressive amounts of capital to get your company started. In fact, the smallest businesses are often the most reliable and economically efficient: they’re low-cost with high-reward returns. You can start one for just a few hundred dollars – if you know where to look! In this article, we’ve rounded up the top six businesses that are cheap and easy to start up.
1) Virtual Assistant
Starting a virtual assistant business isn’t hard at all: you just need to offer your services to several businesses and people and then wait for your phone to ring. You could search online for businesses that are currently looking for virtual assistants or find out if anyone in your own personal network needs some help handling their schedule.
2) Taxi Driver
These days, many people can afford to be driven around from time to time. If you have experience driving, why not start a taxi business? Many people won’t mind paying extra to have someone else drive them around, providing that they’re safe and secure. A good first step would be to build up your knowledge of all the permits you’ll need to drive a taxi – you will also need to search listings of taxi sales to find a suitable vehicle.
3) Website Design Company
Many business owners find that their websites need improvement or that their current ones are outdated. If you have the technical know-how and you enjoy working with the internet and computers, you can start a website design company.
You’ll need to look for designers who are willing to work alongside you in building your clients’ websites. You can also search online for businesses that want to re-brand their websites; this is a good source of clients.
4) Social Media Management Company
If you have some proficiency with social media, why not start a business that will manage other peoples’ accounts? This type of service is especially popular with ad agencies and marketing firms, as it can expand their market share.
You can advertise your service online. Also, look for companies that are looking for an improved social media presence.
5) Life Coach
Personal growth has never been more in demand. Many business owners work so hard that they forget to reflect and improve on themselves as well. If you enjoy helping others, why not start a life coach business? Your first step would be to search online for listings of courses and workshops about life coaching and personal growth – after that, you can begin reaching out to people who need help.
6) Local Delivery Service
If you’re looking for a small business idea that only requires a van or a car, then how about starting a local delivery service? You can look for businesses that want their goods delivered locally or contact various local stores: they may want help delivering products to their customers.
You don’t have to be a billionaire to start a business. Start searching for small businesses right now: it’s not as hard as you might think!