Most people certainly yearn to become an entrepreneur and manage their own business. However, most people hesitant to become entrepreneurs when they do not have enough capital. Whereas, there is the best business to start with little money you can try.
There is nothing wrong if you choose the types of businesses with little money. Even though you have a small business capital, which does not mean fortunately only a little too. Here are the best business to start with little money but can make a lot of money:
1. Breakfast Culinary Business
If you have cooking skills, then you can start this small business. You don’t need to cook something very complicated for this business. You simply cook simple dishes that have high selling points. For example, you can make porridge, salads, smoothies, etc.
You can start this business in front of your house as a starting point. Or, you can also work with online delivery so you don’t need a physical store. You don’t need a lot of raw materials to cook breakfast. Moreover, you can also use the cookware you already have.
2. Selling Photos On The Internet
If you like photography then you can start making this activity as income. You can sell your photos online. Register yourself at photo selling websites such as Istockphoto.com and ShutterStock.com and upload your photos. If there are visitors who want to buy your photos then you will get a commission.
For Istockphoto the commission is 15% per photo and ShutterStock 20-30% per photo. To get the commission easily, you can create an account at PayPal. Then, these sites can send it via PayPal and you have successfully made a profit.
3. Become a Translator
If you want to run this business, you must master other languages fluently. So, if you have a freelance job for translation, you can charge some fees and receive income. The translation can be for documents such as theses, articles, papers or other documents.
You can start looking for freelance work for translators on various freelance websites. Apart from mastering a foreign language, the only capital you need to become a translator is the internet and computers. Moreover, you can do marketing activities to promote your translation business.
4. Property Broker
You can take the opportunity of the property market by becoming a realtor. You only need to look for information about property agent companies that accept freelancers. Then you can learn the commission and bonus system, of course, you also need to understand about a property.
The amount of commission that you get varies depending on the agreement of the property developer and agent company. The amount of the commission generally ranges from 1% to 3% of the total sales transaction. So, no wonder this is the best business to start with little money.
5. Shoe Washing Business
When you want to open this business, you only need to prepare a few needs to clean shoes. Of course, with not much capital, you can already offer shoe-washing services to your customers.
Even though the capital is very small, you will get a chance to get a big profit. This is because many people buy shoes and make it a lifestyle. Then, not many people have much time to care for and wash their shoes.
Those are the best business to start with little money. You also need to remember that you must have the ability to read market needs. So, even if you only have a little money, many potential customers need your products or services.