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Top 5 Businesses You Can Start with Little to No Money

by Olufisayo
Top 5 Businesses You Can Start with Little to No Money

Do you dream of being your own boss, setting your own schedule, and not having to drive through rush hour traffic every day? But, you feel like you’re dream will only ever be a dream because you simply don’t have the money to start your own business?

If this sounds like you, know that you’re not alone. Many people dream of starting their own business, yet never make the move to do so because of financial constraints.

Unfortunately, what many people don’t know is that for some businesses, you actually don’t need a lot of money to get up and running. Read on to learn about the top 5 home businesses you can start with little to no money.

Top 5 Businesses You Can Start with Little to No Money

1. Childcare

If you’re a parent, you may worry that starting a home business will get in the way of you spending time with your kids.

       

For parents who feel this way, starting a childcare business is the perfect solution. You can offer your services as a nanny, elderly caretaker, or daycare provider.

The great thing about childcare is that usually you don’t have to spend too much on advertising or marketing, as most of your customers will come through word of mouth referrals. And, once you’ve earned their trust, you won’t have to worry about losing them to competitors, as most people stick with same caretakers for awhile.

2. Blogging

Got a way with words? If so, then blogging may be your calling.

With blogging, you have the ultimate flexibility in terms of setting your own work hours and working where you want.

You have the option of starting your own blog through a platform like WordPress, and then finding various ways to monetize it, such as advertisements, affiliate marketing, or job posting.

       

Or, if you really don’t want to spend any money, you can sell your blogging services to other individuals and companies on sites like Upwork.

3.  Contract Brewing

If you’d like to start a business that’s that’s a little more hands on and gets you involved in the local community, then you should consider contract brewing.

This is a great option for those who love the idea of creating their own craft brew, but don’t love the idea of maintaining a facility, hiring employees, etc.

As long as you have a recipe, a brand, and some marketing know -how, you’re well on your way to being the best technical brewer.

4. Selling Stuff Online

If you’ve got a crafty side, selling your homemade goods on platforms like Etsy is the perfect home business that requires little start up cash.

       

There are plenty of things you can create and sell online that have very little upfront cost, such as scarves, paintings, picture frames, or personalized dishware.

Or, if you want to skip the creation process all together, and you have a lot of junk lying around your home, you should consider selling it online on sites like eBay, Declutter, Cash 4 Books, or thredUP.

5. Consulting

If you’ve been working in the same industry for awhile and are ready to get out of the 9 to 5 but not completely say goodbye, then you may want to consider opening your own consulting business.

From the legal field to the accounting field, there are all kinds of industries that are in need of consultants. All it takes to get started is a website, some stellar references, and a bit of marketing and you should be up and running.

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2 comments

vijay nagar August 9, 2018 - 8:35 AM

Nice article for newcomers who want to become an entrepreneur or want to start a startup.
thanks for the information.

Reply
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