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A general belief is that one needs a lot of money to start a business and many people always back out thinking about the investment required for it.
But hey, hold on. What if I tell you that you don’t need thousands of dollars to start a business?
Yes! It is possible to start a business with less than $100. All you have to do is find a low-cost business and work out those profits which you want to make before you take a plunge.
Many such businesses start from home and are usually set up to fulfill a need. So, tie your laces and get on a ride with me to know about 21 wonderful business ideas you can start with less than $100.
21 Small Businesses To Start With Less Than $100
1. House Painting
This is an area of business where the requirement for equipment is very less. This reduces your setup costs.
You can actually learn some useful tips from YouTube videos. Also, practice a bit by painting your own house. Of course, you need to market yourself by going door-to-door to get those initial orders. A way to do this is by printing catalogs to attract more customers.
You can also bring out your creative side with practice. With time, include wallpapers in your business. Don’t forget to market your business to individual homes, interior designers, and also corporate buildings.
Also, make sure you put those required licenses in place before you commence the job. Accuracy, trustworthiness, and communication will take you a long way to establish this business in a big way.
2. House Cleaning Service
This is one service working professionals usually like to outsource. Cleaning is a tedious process, what better than hiring someone to make your house spic and span? And you can start this business for less than $100. However, if you are targeting big-size windows in corporate and retail stores, you may need some special equipment to handle such cleaning.
For an average home cleaning, all you would need is an idea about which cleaning material would give the best results. You can vary your services from deep cleaning of the entire house to a specified portion cleaning. This can be window cleaning, floor cleaning, upholstery cleaning, washroom cleaning, etc.
Keep your research perfect on the best cleaning materials available in the market. Also, update yourself on a daily basis on the new cleaning product launches in the market.
3. Tutoring Services
Maybe this is one business that you may start with an initial investment of less than $50. You just have to be good enough to market your tutoring services on online platforms.
You can register on websites like Tutor.com and Wysant.com for extending tuition at students’ homes or online.
Mostly, tutors charge nothing less than $50 per hour in some specific subjects. If you are offering your services by registering on websites, then they may take a huge cut from your earnings. However, this is initially good to gain experience and also establish yourself.
With experience, you can create a niche local market through your known circles. Remember, once word about your good work spreads, you can even start a website for offering online lessons.
The costs that you may spend are that of the internet, travel, if any, etc. Further, you can prepare notes and offer them to your students at a little extra cost.
4. Social Media Management
If you’re knowledgeable of SEO (Search Engine Optimisation) and you are good at content writing, then put that creative side of yours also into it and start this business. There’s no initial investment required for this.
As you know, businesses require constant management of their achievements and products on social media. Such updates on social media actually give a boost to their marketing. Many businesses outsource social media management to handle their achievements on Facebook, Twitter, etc. Millions of people frequently visit these social media sites.
The social media business has very good potential as a small business with almost zero investment. You can build a customer base across the world also in this direction. All you need is some experience in content management, good writing skills, good communication skills, etc. to build your clientele.
Further, even if you have no idea what this business is, no worries! You can learn all about being a social media manager through online tutorials and short professional courses. You can start small and grow bigger by gaining experience.
Zero investment and good payback are what specifies this business. The consultation can be on the business front or it could be a career counseling or a mentoring job, anything.
Consulting is an evergreen requirement in businesses to achieve the desired results. All you need to do is update yourself with economy/industry trends while offering business consulting.
You can work as a freelancer and reach the client with your services. Businessmen do not hesitate to shell out a good number of bucks for the right advice.
As there are no expenses, the entire revenue would be your profit and you can increase your charges depending on the type of expectation of consultation services by the customer. Besides, if you have the right qualification and experience you can also become a speaker at industry events/conferences.
This is a form of self-employment. As a freelancer, you can offer services to clients be it tutoring, accounting, project management, writing blogs, and much more.
Freelancing is a pretty good business idea. You will only be using your capabilities in any of the above-mentioned freelancing activities. Further, you will need to own a computer and an internet connection. You will have no problem starting as a freelancer as there are many websites that post freelance gigs.
The following characteristics will take you a long way to be a successful freelancer.
- having principles and following them
- taking initiative
- being responsible
- hard worker
- time management
- open for constant learning
Freelancers are a constant requirement in all circles. So, you can rest assured that there is not going to be any go down in your business. And think of all the money you can make with almost zero investment!
7. YouTube Personality
If you have that gift of gab and the art of being yourself, then you can be a successful YouTube personality.
Your genuineness is what is going to keep the audience glued to your videos. Secondly, you need to have that content flowing whether it is daily/weekly/fortnightly, etc. Don’t forget to hone those observation skills as to what the audience wants and nail it.
Your videos can be on –
- sharing a recipe,
- beauty tips,
- home remedies
- those much-needed tips for tackling certain situations
All you need is good communication skills with an added pinch of humor.
Once you get those ads for display in your videos, you can earn quite a few bucks. As your popularity goes up, so will your ad revenue.
8. Resume Writing Services
A resume can be called a snapshot that captures a person’s capabilities. It gives out the essence of the applicant to the reader. And getting that right resume is actually an art. It requires a presentation in that given space and sculpts each of the words in the most precise manner.
A resume gives out an applicant’s –
– biggest motivation
– dreams one always wanted to become true
– integrity, passion, loyalty, competitive spirit, etc.
Not everyone possesses the art of writing a good resume. If you can nail it with your language skills, then this is the right business for you. For your information, there is zero investment and once you get the art right, then you can earn quite a few bucks.
There are scores of people who look for good resume writers. A good resume can land people that lucrative job they have been dreaming of.
9. Computer Trainer
Though for the present generation, computer training is part of their academic curriculum, the same is not the case with our previous generations.
Further, a section of children and college-going kids also need training in computers for their school/college-related work.
If you are good with computers, you can target senior citizens for extending your computer training skills. Senior citizens actually need someone who can patiently teach them the basics of computer operation. This knowledge would help them to do small things like e-mailing, e-shopping, operating their bank accounts, etc.
All you need is patience to relate to them and give them your best lessons. Further, there is no investment in this business and all the revenue you earn is your profit.
10. Massage Therapist
If you have a certificate in Masseuse Course, then go ahead and extend these services to your clients at their house. All you need is a license to be a professional in the field. Also, investment is zero as there is no requirement for equipment. All you will need is some oils and your skills to take it forward.
This business gives you good revenue over a period of time. Remember that your good work will keep giving you more business resulting in more profit. Also, you have to keep customer satisfaction as the main priority.
What more, massage services are a major requirement in back and neck problems. These ailments are mainly a result of stressful professional/corporate jobs. A professional masseur can relax them mentally and physically. In such cases, what can be better than a comforting and relaxing massage!
11. Home Salon Services
Services at home are something every person feels comfortable experiencing. Salon services being a requirement forever, is an evergreen business. Beauty services include care of the face, skin, feet, hands, hair, etc. You can also include a service specialization in nail care for attracting more customers.
You can either start this business as a Sole Proprietor or start an LLP (Limited Liability Partnership).
All you will need is small equipment such as a massage kit for facials, facial steamer, pedicure machine, and some cosmetics to start with. Just take care of customer satisfaction which is of prime importance in this business.
You can advertise your services through well-known websites or through your friends / known circles.
If operated with good care and attention to even the smallest of things, this will generate good revenue at all times.
12. Senior Home Companion
Human beings need a companion at every stage of life. After a busy professional life, a person during retirement usually ends up looking for some company. Husband and wife living alone after retirement can make life kind of monotonous. At times it also affects the psychology of the old couple.
A senior home companion is needed for conversing, sharing experiences, etc. Such a requirement may also be for medical reasons when a person is confined to a wheelchair or has a restriction for a major movement.
You need to be patient and considerate to hear them out and also make them feel lighter. You can work on this on a full-time basis or a part-time basis based on customers’ requirements. In full time you may be catering to one customer, but in part-time you will have multiple customers. This will help you in enhancing your revenue and profits.
13. Personal Trainer
What can make one happier more than a fitness trainer knocking at one’s door to take care of the personal fitness goals? Fitness is the need of the hour and professionals usually do not have much time in going to that gym for a workout.
With that certificate of yours for eligibility to become a fitness trainer, you can offer a personal trainer service to your customers at their homes. Besides the usual aerobics, weights, you can also chalk out a nutrition plan for your clients for their benefits.
The requirement of training can vary to different time schedules and you can fit in your customers accordingly.
Again, this is a zero-investment business and the revenue flow will increase once you establish yourself.
14. Interior Decorator
Qualified interior designers who’ve never wanted to work in any firm, can start a business of their own as a freelancer.
Designing being a completely skill-based business does not require any capital investment. You can develop some good portfolios with a variety of designs for personal and office spaces.
Make sure that all your services are tailor-made. If you succeed in making your customers feel unique, then you have hit the nail. Interior designing for customers is a once in a blue moon requirement and they look for the best deal.
You can start as a freelancer and eventually, depending on the increase in your customer numbers, you can even start a small office and hire people of the same field. This will ensure that multiple customers are handled at the same time without any hassles.
15. Editorial Services
Editing is an art of good communication skills coupled with creativity. You need good grammar and vocabulary skills to offer good editorial services. With your creativity as an addition to it, you can make an article perfect.
Who are in need of such editorial services? Well, there may be many writers penning down fiction, non-fiction, ghost stories, editorials, short stories, illustrative short lectures, etc. But they need someone to make those perfect changes in these writings so as to sustain audience interest.
Presentation plays a major role in capturing readers. This is where you can use your expertise and categorize the stories or articles in meaningful sections/chapters. With your language skills, you can ensure that grammar and punctuation are perfect.
The investment being only your skills, there is no requirement of money for getting into this business. Once you establish yourself, you will start earning good revenue and profit.
16. Home Baker
All you need is a good quality oven and your skills to bake anything and everything. The capital investment required is very meager in this business.
You can start this business in your own kitchen. You can start an online store for your local area and offer home delivery for the goodies. Hire 1 or 2 staff to assist you in baking and also delivering the stuff.
If you can get proper licenses you can start an over-the-counter facility at your home for your baked goods.
You can make them into healthy bakes by adding more nutrition value. Try baking a particular lot with oats instead of flour. This will increase your customers and make you popular among that health-conscious lot.
17. Hair Dresser
Everyone likes having lovely flowing tresses—the kind that you see on models and actors in advertisements or movies.
Do you have experience in maintaining that lustrous hair? Do you have the necessary licenses/certificates in place? Then go ahead and be a hairdresser. There is hardly any requirement of investment.
Almost everyone needs a good hairdresser to identify that particular scalp problem or hair-fall problem. Without any hair problem also, when one needs to go for a party or a get-together, they want their hair to be done beautifully.
Offering this service at the client’s home will actually give you an extra edge—you’re taking care of the customer’s comfort this way. This is a good revenue earner and you can also include hair spa, coloring, hair extension in your services.
If you have mastered the art of beautiful handwriting and can create those different/varieties of fonts, then go ahead and start this business.
You can become a tutor wherein you can teach children this art and also capture the interest of adults for offering these courses.
There being many fonts of calligraphy, you can split them into various levels and offer them in an integrated course or a single course. Furthermore, you can associate with those corporate offices/schools that give beautifully handwritten certificates with trophies in various competitions.
The need for initial investment is very small except for the paper pads and a variety of pens. You can earn good revenue in this business as a tutor and also while offering services to various corporate offices and schools.
This is the right area of business if you are fluent in more than one or two languages. Translators play a major role in cross-border meetings, seminars, and conferences.
What more, you can also specify your translating skills in a field like medicine or business or finance, etc.
Freelance writing in the translation business is another option you can explore for widening your revenue base.
Tourism is also a major area where your translation skills can be put to use. You can talk to the tourists in their language about your local area and culture. You can do this as a freelancer or associate yourself with a tourist company on a part-time basis.
Zero investment and a good revenue base are what make this business interesting.
20. Personal Driver
With those good driving skills, you can actually make money without any monetary investment.
There is always a section of the population who don’t have an interest in driving but are very much interested in owning a vehicle. For some, it is just that they want to be away from pressing that clutch, brake, accelerator during the drive and enjoy while someone else drives them.
You can be that driving force for them and offer your services on an hourly basis, half-day basis, or full-day basis. Just build that 2-3 references about your credentials and you are into that job straight away.
The nature of the job actually gets you a number of customers, many of them suiting your time slots.
21. Flipping Websites
Whenever you browse the net, you might have seen those websites which are not up-to-date. At the same time with a little toning and improvement, these websites prove to be very good and onboard.
Acquire an already existing website, improve it and sell it—this is exactly what you do in this business.
You will need good web development skills and look continuously for such websites. Understand which ones will have a resale value with a little improvement and use your skills to do that. You would also require a fair amount of creativity in software development skills to get this business going.
In the present day, the creation of a website is easy. Still, if one is readily available and with improvements in its presentation, it can be thrown open to the market, so why not?
This is a fairly low-budget business with the capacity to earn good revenues for you.
So what are you waiting for? Choose what suits you the best and go into that market and make good money!