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Introduction
Looking for good start-up business ideas? Getting bored from a nine-to-five job, don’t want people hovering over you and want to be your own boss?
Dreaming to start your own business, but stepping back because-
- Struggling to get good startup business ideas.
- Don’t have enough budget or confidence.
- Don’t know how to start a profitable business.
Or, the reason could be more but don’t worry today we are going to talk about the best low-budget startup business ideas that you can start with and make your dream come true.
So if you are ready for a new venture, your first step to becoming a successful entrepreneur should be finding good startup business ideas that work for you. In this “Startup Business Ideas” article, we’ll walk you through amazing, quick-to-start, low-budget startup business ideas you can start from home and scale up as your clientele grows.
What Would be Best Startup Business Ideas to Start?
According to Brian Chesky, Airbnb Co-founder, “a good idea is one that gives you the best solution to your problem.” A very great example of a startup and rapidly growing startup model solving a widespread problem is “Uber”, created by StumbleUpon founders Garrett Camp and Travis Kalanick to address San Francisco’s taxi scarcity. Today Uber is worth around $75.5 billion, however, the road to success was not smooth, and faced a lot of challenges to turn a small startup into a big brand.
Remember startups don't succeed overnight.
It's not only Uber but there are also great examples of business startups like Facebook, Airbnb, Pinterest who have turned into million-billion businesses today and their success stories have spread globally. So one thing is very clear: if done with the right strategic approach, starting your own business can bring greater job satisfaction and higher earning potential.
Well, there are so many great small startup business ideas but the answer to this question can be given by you only --- you know yourself better what small startup business ideas match your passion and preference to drive future success and stability. So, let’s help you stumble upon some choices that can give some inspiration and a head start!
Just 29 Best Small Low investment Startup Business Ideas - That Churns Great Margins!
To help get you started, here's a list of the best startup business ideas:
- Online Consultant
- Online reseller
- Online teaching
- Online bookkeeping
- Medical courier service
- App developer
- E-commerce Business
- Cleaning service
- Freelance copywriter
- Home care service
- Digital marketing
- Interior Decorator
- Personal Trainer
- Rideshare driver
- Graphic designer
- T-shirt printing business
- Dropshipping
- Pet sitting
- Launch your own book
- Start an online fashion boutique
- Sell handcrafted and homemade goods
- Online coffee/ tea store
- Craft classes online
- Interior decorating Services
- Photography
- Life coaching
- Online book store
- Be a social media influencer
- Become a wedding planner
Let’s understand a bit about all these start-up business ideas one by one...
1. Online Consultant
A consultant is a person who's an expert in a particular field, gives professional advice to individuals and businesses in their area of expertise, usually on a contract basis until a particular need has been met. If you are knowledgeable in any specialty and possess excellent interpersonal skills, starting a consultancy business can be a lucrative option. You can start your consulting firm on your own, simply owning a small consultant website, which will cost you between $2,000 and $15,000.
- Min Startup Costs: $10,000 to $50,000
- Start By Earning: $65,000-$70,000
2. Online reseller
Reselling is a form of dropshipping, where companies source products and materials from a variety of suppliers and make them available to consumers in one place.
Reseller business could be one of the best & easy startup business ideas that you can go for, as a reseller you can sell individual units to customers (at a markup), as well as create a branded customer experience. A reselling business has several benefits and can be a profitable business model, especially if you have a strong grip on a niche.
You can start a side hustle and by the time you start earning big bugs, you can turn into a full-time resale business. You can start reselling by using websites like Poshmark and Mercari to sell your unwanted clothing, eventually expanding to your resale website.
- Min Startup Costs: from as little as $5,000 to as much as $30,000.
- Start By Earning: between $500-$1,500 per month
3. Online Teaching
Pandemic has introduced us to new normal, work, study, shop from home. So the demand for online teaching professionals has been raised a lot, possibly not going to be dumped. Online teaching is a profitable business idea for sharing your expertise with the world. If you have effective teaching skills, strong communication skills, and supportive personal qualities, online teaching is one of the easy to startup business ideas that you can prefer. You can start your online academy, using an education portal or apps like whitehat junior teaching coding classes.
- Min Startup Costs: $5500
- Start By Earning: $21.71 / hour
4. Online Bookkeeping
Bookkeepers help businesses keep their finances intact by keeping tabs on different accounts, transactions, and reports. They organize, collect, and store the business's financial records, including cash flow statements, bank reconciliations, and loss statements. With competitiveness, the demand for bookkeepers is growing fast. If you have accountancy knowledge and want the freedom and autonomy of running your own business, you can take advantage of modern technology to start your online bookkeeping service using a professional business website with minimum investment.
- Min Startup Costs: Minimally, you'll need $1,000 to get started if you already have a laptop.
- Start By Earning: $40,000 per year
5. Medical Courier Service
Since the healthcare industry is expanding, which is great for medical couriers, the requirement is also soaring. If you are willing to learn procedures for transporting medical documents, drugs, and specimens, having a driver's license, a clean driving record, and a high school diploma. Starting a medical delivery service can be one of the most profitable startup business ideas for you
You could start your medical courier service business with an investment of $ 2000, and can start by making $200 per month.
- Min Startup Costs: $ 2000
- Start By Earning: $3150 per month
6. Freelance Developer
With ongoing digitization demand for digital products and services are on a high surge, almost every business today depends on web application, websites. So providing web development services as a freelancer could be one of the best startup business ideas. If you are one who is technically sound, skilled enough for building websites and providing technical support for certain projects, starting a web developer freelancing business is the most suited low-cost startup business idea for you. Initially, you can start with other freelancing websites and by the time you can market your skills through professional business websites and expand your freelancing business through a freelancing portal.
- Min Startup Costs: $1000
- Start By Earning: ?20,465 per month
The Best Way to Learn Coding: Beginner’s Guide
7. Online E-commerce Store
Ecommerce businesses are getting so much popularity these days, and why not? Starting an eCommerce business is one of the best low budget startup business ideas that can help you gain big bugs. To build an online store, there is no set price because the cost varies for different companies, depending upon the scale of company needs. A small company can start an eCommerce store by spending $1000 – $10,000, while an enterprise-level company can spend $50,000 – $100,000.Total average costs for starting an eCommerce store include: cost of professionally-built eCommerce website - $5,000 to $10,000 and Domain name charges- $2 - $20 per year. Hosting - $300 per month.
- Min Startup Costs: $5000 – $100,000
- Start By Earning : Over $63,000 per month
8. Online Translation Business
Translators convert written materials from one language into another language. All translation work is done through the application, and translators receive and submit most assignments electronically. Many language experts earn at least three times the average wage, depending on their skills, excellence in languages, and area of expertise.
If you are passionate about languages and love to speak a foreign language? Starting translator services could be the right choice for you.
- Min Startup Costs: $5,000- $15,000
- Start By Earning: $19.67/hour
9. Cleaning Service
If you excel in cleaning, you can easily turn it into a business. With a small staff, a host of cleaning supplies, and transportation, you can offer cleaning services to homeowners, apartment complexes, and commercial properties. Most cleaning services charge between $35 and $50 per hour. Cleaning services are among the most low-cost startup business ideas that require relatively very little overhead. You need planning, dedication, a team, and marketing to get your business noticed. Or you can start your cleaning services and market yourself using a business website, where you can highlight how your cleaning services are better than others.
- Min Startup Costs: $1,000 – $2,000
- Start By Earning : $50,000 to $70,000 per year
10. Freelance Writer
If you have writing skills, there’s someone out there willing to pay you for them. Write blog posts, magazine articles, and website copy galore — just make sure you have a body of work built up to share with potential clients. Even if you create a few sample pieces to have on hand, they’ll help exhibit your work and attract new business.
Starting a freelance writing business investment can range from as little as just over $600 to just under $45k depending on the level of business you want to start with.
- Min Startup Costs: $600- $45k
- Start By Earning: A fair freelance writer service charges for an hour: ranges from $30 for beginners to over $100 an hour for experienced writers.
11. Home Care Service
Home care and hospitality can go a long way to support housebound seniors who require in-home care services and its demand is only going to grow. According to the National Institute on Aging, between 2010 and 2050, the 85-and-over population is projected to increase 351% globally, this indicates that many will need care and assistance, oftentimes in their own homes, and demand for home care services is going to soar. Another great thing is that to start your own home care service, you don’t need to invest much, you just need a professional website to market your services and a team with care-taking skills. With some experience, you could think of growing your business to help seniors transition from their homes to assisted living facilities, offering other services such as packing, transporting, setting up, or storing their furniture and possessions.
- Min Startup Costs: $80K
- Start By Earning: $50,000 per year
12. Digital Marketing
Since every business is moving online, every business needs professional support to market themselves online. Digital marketing services help businesses to strengthen their online presence, reach their target audience and market their services digitally. If you possess a futuristic sense and good knowledge of digital marketing services including SEO, social media, PPC, or copywriting services, starting digital marketing services is one of those low-cost startup business ideas that can give you a heavy return.
In case you don’t have digital marketing experience, taking an online digital marketing training course could help you enter the industry.
- Min Startup Costs : $5,000- $15,000
- Start By Earning: $71,500
13. Interior Decorator
The interior decorator/design market is expected to see a potential (CAGR) growth rate of 8.5% by 2025 globally. The Interior decorator business is needed today as more people love standard living and have the ability to buy home decor services for luxury comfort.
So if you possess a great sense of trend and uniqueness and know the best utilization of space with available resources, interior decorator could be one of the best startup business ideas for you that can add big bugs to your accounts. All you need is to market your services with a professional website & alluring portfolio that can help you build a fanbase beyond your wildest dreams.
Your business total profit depends on the number of interior designers working for your firm and if there is enough work to keep them all busy.
- Min Startup Costs : $20,000
- Start By Earning: $80,000 to $144,000 per year.
Need inspiration? Check out Sandra Cavallo’s interior design Instagram account.
14. Personal Trainer
Did you know, the requirement of fitness trainers and instructors is projected to grow 39 percent from 2020 to 2030, much faster than then few other common occupations.
If you have a good understanding of the human body and nutrition, excellent timekeeping and organizational skills, and possess a friendly and outspoken personality with a love of health and fitness, then starting personal training could be one of the best startup business ideas for you. And one good thing about this profession is that you can make much out of this profession. You can start this business with a Min Startup Costs of services portfolio and once to start getting business you can expand it with your own professional fitness website. A fitness website will cost you between $10,000 to $20,000.
Normally, an online training session fee lies between $20-40 per session if it's live training. If you're offering complete exercise programs in a group setting, you can charge around $30-100 per month.
- Min Startup Costs: $10,000 to $20,000
- Start by earning : $76,550 per year
15. Rideshare Driver
If starting your own business seems daunting or too much of a risk, you can
always use your personal vehicle to become a rideshare driver. The overhead and responsibility of running the company fall on the rideshare service authority. Rideshare applications such as Uber, Ola, and Lyft have enabled people to start side hustles that pay well with no additional investment other than your personal vehicle.
If you have safe driving experience and are willing to drive people to their destinations and make occasional friendly conversation. You can plan to start this business.
- Min Startup Costs: $500
- Start By Earning: $364 per month
16. Graphic Designer
Many companies seek out experienced graphic design services for their projects. Anyone with a good understanding of the latest trends and excellent IT skills, especially with design and photo-editing software can start a graphic designing business, where your computer with few digital tools and your brain is the total investment over there.
If you are blessed with a creative eye and skilled at graphic designing and know how to organize content in a visually pleasing manner, then you can start a graphic design business. Where you are free to set your own hours, choose your projects, and build a portfolio and business you’re proud of.
If you’re just starting out with graphic design, explore these graphic designing tips.
- Min Startup Costs : $2,000 to $10,000
- Start By Earning: $45,000 and $55,000
17. T-shirt Printing Business
People love customization from email boxes to T-shirts. According to a report by Statista, the t-shirt printing market is expected to grow annually by 9.6% from 2020-2025.
More similar to graphic design, you might enjoy launching a T-shirt printing business if you've got a sharp artistic sense and a great eye for fashion trends and creativity. For starting this business either you need space for a T-shirt printing setup, you can easily get the necessary tools and start your small business or another way is to coordinate and merge with other printing firms.
For the same you need to market your skills using a portfolio of your creative work sample, further on expansion, you need to own a professional printing website.
- Min Startup Costs : $1,000
- Start By Earning: $0.55 per shirt
18. Dropshipping/Start a dropshipping business
Dropshipping is a low-risk business model that allows you to sell products to your customers without incurring huge running costs as wholesalers do. Research institute Grand View Research predicted that the global drop shipping market size is expected to grow by 28.8% every year until 2025. Dropshipping is a more attractive model because it doesn’t require any purchase of inventory upfront. And when it comes to profitability, selling higher-end products with low shipping costs could become profitable if you study the market, follow market standards and execute effectively.
- Min Startup Costs :$150
- Start By Earning: $1,000 and $5,000 per month.
19. Pet sitting
More than two-thirds of U.S. families have a pet. When these families leave home for long vacations, they all need a reliable pet sitter to properly take care of their pets, making sure to feed them, give them water, play with them, and spend time with them. So if you are one who loves pets, is able to understand pets behavior, body language, and love to care for them, then pet sitting is one of the best low-cost startup business ideas you can go for and you can extend your team and introduce your pet sitting brand, all you need is a professional pet sitting website, that will not cost you too much.
- Min Startup Costs : $15,000 to $30,000
- Start By Earning: $30,000 up to $45,000 per year
20. Online Book Store
The global eBook market size is projected to grow at a CAGR of 15.7% during 2021-2026. If you are one who loves books, running your own online bookstore is a fun and profitable startup business idea for you. Where you can start selling books, ebooks, CDs, DVDs, and educational videos to global buyers, making good cash.
Another approach you can go with is starting a book club and initiating book exchanges, where you can follow a temporary book issuing system. You can coordinate with local book suppliers for required books. The biggest benefit of starting an online book store is, you can start it with a professional website and not need to invest much time.
- Min Startup Costs : $2,000 to $10,000
- Start By Earning: $40,000 to $100,000.
21. Start an online fashion boutique
Statista estimates that the apparel and accessories online retail sector is projected to derive over $153 billion in revenue by 2024. This clearing indicates that Starting an online boutique is among the insanely profitable best startup business ideas for entrepreneurs.
If you are passionate about fashion, styles, possess a great sense of fashion, and are willing to share your fashion idea, creating your own online fashion boutique is one of the best profit-generating businesses for you. And surprisingly you can start your online fashion boutique with a minimum investment of just $2,000 to $10,000. That you need to invest in enticing, attention-grabbing fashion websites and tie-ups with fashion stores.
And trust us you don’t need to become a fashion designer either—you can simply coordinate with fashion stores and curate items.
- Min Startup Costs : $2,000 to $10,000
- Start By Earning: $114,500 annually
22. Sell Handcrafted & Homemade Products
Unlike many of the other startup business ideas on this list, Handicraft & Homemade product selling is one of the best and easiest startup business ideas. And If you're willing to start a Handcrafted & Homemade Products online selling business you will need to consider shipping and inventory management, but you can start out simple on a per-order basis or with a small batch until you start generating consistent sales and profit.
- Min Startup Costs : $2,000 to $10,000 (More depends on product type)
- Start By Earning: $15,000 Annually
23. Online coffee/ tea store
The online coffee/tea sales market generates over $81 million annually and is expected to grow at a rate of 6% (YoY) in the United States. If you're a tea or coffee connoisseur, this business is what is best for you. Even if the profit margin is already very high, you can make it more profitable and interesting by introducing different flavors and with more satisfactory services. So to start this Online coffee/ tea store first you need a very attractive, crisp, and user-friendly website, for the same has reached a highly professional web development agency. Though there are so many platforms available that can help launch your online coffee businesses, if you are looking for excellence, to make your coffee brand remarkable better go with web development services with leading industry experts like JanBask.
- Min Startup Costs : $25,000 - $300,000
- Start By Earning: $215,000 per year
24. Online Craft Classes
People Live Online! This is a generation that learns online and especially after the pandemic online learning is the most preferred mode of learning today. And you can leverage this behavior for your startup business. If you possess great creativity and are passionate about art and craft with a few teaching skills, selling online craft classes/ courses could be the best startup business idea. And great thanks to online platforms like Zoom, Skype, and others that allow you to conduct online classes for free.
- Min Startup Costs: $5500
- Start By Earning: $21.71 / hour
25. Photography
The employment of photographers is projected to grow 17 percent from 2020 to 2030, and maybe you get surprised but this is much faster than all other average occupations. Photography is one of the best startup business ideas for you if you have an excellent photography artistic skill set, good creative ability, composition, and technical expertise.
If you’re not sure where to start with freelance photography, the best way to start your photography business is to take a look at Erica Clayton’s journey into the photography business. Her advice? Will help you understand the niche.
- Min Startup Costs: $15
- Start By Earning: $33,150 per year
26. Life coaching
According to the International Coaching Federation, the number of life coaches estimated worldwide has grown by 33% since 2015. If you have experience navigating career, motivating personal, and social transitions successfully, and possess great communication, listening, and behavior understanding capability, then life coaching business would be one of the best startup business ideas that suits you.
You can start a life coaching business with a minimum investment of $5,000 to $15,000 when you already own a computer with internet access and may need to include one-time costs for gaining relevant training and certifications.
- Min Startup Costs : $5,000–$15,000
- Start By Earning: £60 per hour to £120 per hour
27. Online eCommerce store
As of November 2021, global retail e-commerce traffic stood at a record 22 billion monthly visits, with demand for eCommerce services being exceptionally high as more people are moving to online shops for everyday items such as groceries, clothing, home accessories, and more. So starting an eCommerce store would definitely be a more profitable business for you.
- Min Startup Costs: less than $1,000
- Start By Earning: $150,000 in monthly revenues
28. Be a social media influencer
Influencer marketing was projected to be a $10 billion industry by 2020. Once you find a niche and build a personal brand, amassing a large following on Instagram or YouTube can lead to a solid source of income through influencer marketing.
Since a huge number of small businesses are struggling to get recognized in the online world, demand for social media influencers is soaring day by day. If you possess great marketing skills, and sound knowledge of social media, SEO, and content marketing, you can meet the needs of those thousands of businesses who want to market their brand on social platforms for more recognition and profitability.
- Min Startup Costs: less than $1,000
- Start By Earning: US$2,970 per month
Read: 15 Winning Ways to Become a Social Media Influencer!
29. Become a wedding planner
The Bureau of Labor Statistics estimated that wedding planning employment is projected to grow 10 percent from 2016 to 2026. Planning weddings can be a very rewarding and consistent career as people will never stop getting married, and weddings are almost always fun.
If you are an expert in hospitality, event planning, decorating, and wedding trends and traditions and keep yourself updated with the latest trends in wedding products and services, food, music, ceremony, and reception décor, wedding planning would be one of the best startup business ideas for you. If we talk about earning, your earnings completely depend on your clientele and the ceremonies you organize in this business.
- Min Startup Costs : $2,273 to $9,237
- Start By Earning: $420,000 per year
So we have discussed the top 30 good startup business ideas that you can start. Now let's move on to a few quick tips to kick start your startup journey.
Steps to Kick Start Your Startup Journey
Choose a business idea that you are passionate about or you love to dive in. Determine if there is a demand for what product or services you are going to do business with.
Here are the steps that you can take to start your entrepreneurship journey.
By following the above-listed steps you can start your entrepreneurship journey with an organized and strategic approach. Next, we have curated a few effective quick tips to turn your startup business into a profitable one.
Quick Tips to Make Your startup Business More Profitable
Here are the quick tips to make your business more profitable:
- Build a sales funnel.
- Leverage CMS
- Study leading competitors.
- Create customer loyalty programs.
- Identify potential opportunities.
- Leverage Social Media.
- Utilize Email Marketing.
- Form strategic partnerships.
- Leverage global platforms.
- Go for the franchising model.
By following the above-listed practices, you can extend your reach to potential audiences and that’s what any business needs to grow!
Final Thought On Quick Startup Business Ideas
In this “startup Business Ideas” guide we have discussed the top 30 easy-to startup business ideas. So you might get confused about how to choose the right one, here we want to recommend you to choose the one that you are passionate about and love to see yourself working with. Thousands of entrepreneurs have implemented these business startup business ideas and are making good money and other thousands are those who failed to establish a successful business.
No business can settle very easily and any business’s success depends on the time and effort put into it with a strategic approach. There are plenty of startup business ideas but all you need is the right move and passion to succeed. Are you ready to explore how you can bring your passion into reality and set forth a business plan and identity that gives you tremendous profit-earning potential and brand recognition? Connect with our professional website design company now!
So ready for your next journey!
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