Deep in your soul, you’re an entrepreneur, but your wallet and responsibilities always seem to hold you back from taking that first step. Ugh.
We get it. The economy’s rough, money doesn’t stretch far enough, and it seems like there’s never even enough to cover needs let alone investing in a business.
The good news? You DO have opportunities available to you.We’ll tell you how to get some of the best ideas off the ground for $100 or less.
Retail Businesses
Can you really start a retail business for less than $100? Yes, you can! You just have to think about the process a bit differently and get creative when procuring inventory.
Rather than spending thousands of dollars to get started, you must find a small amount of inventory at a low cost. You may even be able to find items around your home to sell.
The Internet makes these types of ventures possible. Take retail arbitrage, for example. In this business model, you purchase products locally from clearance racks and at liquidation sales and sell them for a profit on third-party sites like Amazon and eBay.
Service-Oriented Businesses
There are countless apps that allow you to set up a service-oriented business by filling out a profile and providing a few personal details. These apps will hook you up with people looking for your particular services. Consider offering lawn care, house cleaning, babysitting, pet sitting, odd jobs, junk removal, painting or tutoring.
If you don’t want to wait around for clients to pick you, there are other apps that will get you working almost immediately. Companies like UberEats, DoorDash, Shipt, Instacart and Lyft will pay you to complete deliveries and perform certain tasks. And there’s no fee to get started!
Crafting-Based Businesses
If you have a special talent, you can turn it into a crafting-based business. People will pay good money for handmade jewelry, picture frames, pottery, pillows, bath bombs, soaps, keychains, candles, magnets, wood crafts, quilts, paintings and more.
You have several options when it comes to selling your items. You can choose to showcase them at craft shows or sell them online through popular craft merchant sites, such as Etsy. You can even set up your own boutique or online store.
Freelance Businesses
If you’ve always dreamed of being a freelancer, now is the time. You can quickly, easily and cheaply start a freelance business in any one of these niches: writing, editing, translation, tutoring, graphic design, marketing, software development and web development.
Find freelance gigs on work-at-home and freelance sites like as Flexjobs, Indeed, Freelancer and Mediabistro. You can also directly pitch and/or advertise to potential clients.
You can start any one of these businesses with a small investment, and many of them start paying off almost immediately. If you’ve ever wanted to own your own business, there has never been a better time. All you have to decide is which opportunity or opportunities you want to pursue.
~Here’s to Your Success!
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