Friday, 12 May 2017

6 Businesses you can start with almost no cash.

Startup Idea

If you’re like millions people all over the world, you dream of starting your own business. However, most of us don’t even end up attempting to start our own business due to variety of reasons.You might not ave enough motivation, for example, or time to actually see the work though; or you might not have a solid idea to begin with.
But the biggest reason stopping most people is the assumption that they need a huge hunk of money to get started. However, you no longer need big account balance to start your own business. There are tons of online business ideas that won’t cost much to get started and have the ability to quickly grow into something highly profitable. 
Here are 6 different business ideas you can start with money next to none: 

  • In-home services : These businesses don’t cost anything to start because you’re providing a service, primarily you’re providing your time and getting compensated for that. You could start a dog-walking or pet-sitting service, or even something like landscaping or snow-plowing. This is a type of business that you can easily start from the comfort of your own home, you won't need a physical headquarters for your business.
  • Consulting : You don’t need to have an MBA or have an IQ of 165 to become a consultant. There are thousands of people starting online consulting businesses all over the world right now. A consultant is simply someone who takes a customer from their current situation to their desired situation. People are willing to pay good money for expertise and speed. If you aren’t already an expert at something, you’d be surprised how quickly you can up-skill yourself and become an expert in a nook of your choosing.
  • Resale : The idea behind product resale is simple. You acquire products and sell them on to other people. This is called drop-shipping. Drop-shipping is a fantastic way to start an online business as you don’t need to hold stock of any products yourself. When someone orders something, it is directly shipped from the manufacturer. This type of business requires almost zero startup investment and with the right level of skill and determination, you can build a highly profitable drop-shipping business.
  • Personal Creations : If you’re good in arts and crafts, this could be the perfect opportunity for you to share your skills with the world. For example,if you like to create anything from bracelets to pendants and paintings you can sell your creations on sites like Etsy, eBay and Amazon. It is easy to turn your passion to profit.
  • Skill based services : If you are skilled in a specific work, you could use your skilled labor as the main revenue driver. If you are a handyman, you could serve to homeowners who don't know much about home repairs.
  • Micropreneurship : You can also start your business through micropreneurship and shared economy opportunities. For example, you could drive for a service like Uber, or rent your home. After you get your business started and start earning revenue, your lack of startup capital will be less of a problem.


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