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6 Low-Cost Business Ideas

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If you’re sick of the daily grind of your office job then maybe it’s time to find a way out. Many people dream of the freedom that could come with starting their own business. Being your own boss and raking in profits by yourself is an exhilarating feeling. Whilst starting a business isn’t for the fainthearted, it is well worth the time and investment. If you wish that you could start your own business but are lacking inspiration or funds, here are 6 low-cost business ideas to get your creative juices flowing.

  1. Arts and Crafts

With online platforms such as Etsy and Instagram allowing creatives to hawk their wares worldwide, there’s never been a better time to get crafty. If you enjoy designing and making clothing and jewellery or have an idea for a creative brand, you may be able to create your own products at a relatively low cost and get your business started. It is always possible to start small by selling your products as a hobby to test the water before taking it on full-time.

 

  1. Sell Second Hand

If you enjoy going to second hand fairs or have an eye for antiques, why not make a business of it? If you can spot items that are being sold well below their worth, then there is always a profit to be made. It is possible to sell products on online auction sites like eBay or Facebook Marketplace for astounding profits if you know what you’re doing.

  1. Pet Care

There is a constant need for pet care services, including dog walking, holiday homes and grooming. If you love animals, then this could be the perfect career path for you. If you lack the funding to buy the equipment needed to get started, you could consider getting a business loan. Companies such as Max Funding offer great deals on loans for small businesses and start-ups with same-day funding, so you could get started right away!

  1. Freelancing

If you have a skill such as writing, editing, graphic design, marketing, programming, music or anything in-between, then you may be able to turn your skills into profit. By taking on freelance work through sites such as fiverr, you can find clients across the globe. This work provides high levels of freedom, as you can take on as much or as little work as you want and decide your own costs. It also allows you to work from anywhere, making it perfect for those who want to travel.

  1. Cleaning

If you’re a clean-freak, then a cleaning business comes with relatively low set up costs and potentially big gains. With very few products needed to get started, this is a business niche that is always in need and easy to grow from the ground up.

  1. Child-Care

For those who love kids, child-care is constantly in demand and can turn a great profit margin. Again, this is an easy and low-cost business to start once you have the right contacts.

Starting a business needn’t be unattainable for those with low-funds. Whatever your passion is, you can turn it into a profit and enjoy every day to the full!

Clare Louise

The author Clare Louise