Have Little or No Capital? Consider These 10 Business Ideas

Owning a business makes you in charge of your destiny. You set the goals and dictate the terms to achieve them. The sense of fulfilment and accomplishment that comes with working for yourself can’t be derived from a 9-5 job.

Unarguably, starting your own venture is risky. You are putting yourself out there, along with investing hard-earned money. It’s challenging, but the rewards that follow make it worth it.

Are you fed up with working for someone else? If you’ve caught the entrepreneurship bug and want to launch your own business, take a look at these low-investment small business ideas.

Online Store

Whether you’re skilled at crochet or a champion thrift-flipper, you can monetise your crafting skills. Thanks to platforms such as Etsy and Shopify, you can easily set up an online store to sell virtually anything.

A carefully curated store has the potential of becoming your full-time business and main source of income.

House Cleaning Service

House cleaning is no longer a service reserved for the rich and wealthy. People from all economic backgrounds seek cleaning services, which makes it a viable business option. While you can build a cleaning business from the ground up, it’s much simpler to look for home cleaning franchise opportunities.

Home-based franchise opportunities in the UK allow you to work from home and achieve a work-life balance that budding entrepreneurs often fail to prioritise.

Freelance Blogging

Using compelling writing to sell a product or an idea is a skill you can commercialise. From web content to press releases to blog, every business needs content creation in some form. This is another excellent option if you wish to work from home.

Social Media Manager

Social media has evolved into a money-making tool. In addition to influencers, businesses are investing in their online presence to connect with their audiences on a deeper level.

Are you savvy when it comes to social media? You can offer to manage social media accounts of other businesses.

Child Care Services

If you’re good with kids, you can provide child care services. You can either open a crèche at your house or babysit at a client's home. This option doesn’t particularly require any investment and you can begin immediately.

Dog Walking

Do you love dogs? You can translate this love into a venture. Being a dog walker requires no capital or specific skills. As long as you know how to look after furry friends, you’re good to go.

Meal Prepping Service

Many people want to eat healthier, home-cooked meals but simply don’t have the time or skills. If you’re a talented cook, you can kickstart a meal prepping service. It’s a growing industry that’s considerably less demanding than being a restaurant chef.

Youtube Channel

Today, being a Youtuber is a full-fledged career option. No matter what interest or skills you have, Youtube gives you access to a global audience. You can start a channel, monetize your videos and earn through sponsorships.

Once your channel starts to gain traction, the sky's the limit!

Tutor or Instructor

Giving private lessons is a feasible business idea if you’re an expert at a particular subject a field. You can teach a subject or give tennis lessons.

Errand Service

People with busy lifestyles often don’t have the time to run simple errands and not everyone can afford to hire a personal assistant to take care of it. You can take advantage of this opportunity with an errand service. From picking up groceries to taking the mail to the post office, you can offer a wide range of services.

The common denominator of a successful business is hard work. We hope this list inspires you to set up a business and become your own boss.