Six Low-Investment Business Ideas You Can Start Today

Published on: 09 February 2018 Last Updated on: 19 August 2019

Although they may already have a traditional 9-to-5 job, many people today are slowly beginning to realize that in order to have financial security, and they need to have multiple sources of income. Because of it, many people are looking to give up their daily jobs in order to become self-sufficient and start their own businesses. Even if they prefer not to completely leave their job, the general population has already realized that with the economic strain on income generated these days, they will need to have more than one source of income.

Unfortunately, people are generally hesitant to do so and they might have a valid reason too. Starting your own business is not as easy as it sounds; in fact, successful entrepreneurs seem to think that if anything it is even harder than it used to be because of the many restraints present in today’s world. The main restraint being the amount of funding required in starting a business which, due to inflation, has gone up day by day. However, there still are many other options one can take to start a successful business which does not require a huge sum of money so here are 6 low investment business ideas that you can start today.

1. Offering services:

While every business idea does require at least little funding, offering services to people requires no funding cost at all. It is a great way to earn money if you are looking to avoid taking small business loans or any other loan although that might be beneficial for some people. There are many services you can perform that do not require funding and are easy to master too as described below.

Recruitment Services: Many local small or mid-scale businesses are interested in hiring suitable employees, and you could provide that service for them. It only requires you to build a database of potential employees and match them to the respective companies depending on what they’re looking for. If the person you recommended does get hired, they will pledge their first month’s salary or part of the salary to you, and in this way, you can earn money without investing a heavy amount of money.
Party Planning: Providing party planning services might be a hectic job, but it is a job that pays well. Many people will pay a good amount of money to avoid going through the hassle of party planning and this is where you can provide that service for them. It won’t require any of your investment, and you can easily make a profit off of it. Once you’re experienced enough, this can easily be turned into a full-time job and then you can look to further expand your business.

2. Online Freelancing:

In today’s modern world, almost every one of us has access to an internet connection and a computer, online freelancing is one of the best options, if not the best, you can still take it if you’re looking to avoid a major business investment. If you feel like you possess an IT skill that people are willing to pay for, online freelancing is the way to go. With various freelancing portals like Fiverr or freelancing.com already available to you, all you have to do is to invest in a decent computer and a fair internet connection (if you don’t already have one).

3. Marketing Services:

Businesses are always looking to expand their market reach and many local businesses in your area will be looking to do exactly that. That presents an opportunity for you as it is a service you can provide through either affiliate marketing or digital marketing, both of which require little to no investment at all. If you’re going the affiliate marketing route, the companies will provide you with their products that you’ll have to sell or the operations you have to advertise, so none of your investment is in play.

Similar is the case with digital marketing in which companies are always looking for digital marketers to be able to provide marketing copy that is search engine optimization (SEO) friendly and can transform websites visitors into actual customers. You can provide this service through the comfort of your home provided you have an internet connection and a computer.

4. Online Product Marketer/Seller:

Online product marketer or seller is somewhat similar to affiliate marketing with the only difference being that you’ll have to sell products directly to customers online. The only requirement from you will be to be familiar with the directory of the products of the company, and you won’t have to have any of your investment. The more products you’ll sell the higher you’ll earn as the earning is directly related to the commission made selling a product. Online market places like eBay and Alibaba have this option, and you can easily master it as it requires no real training.

5. Being a personal assistant:

woman

There are a lot of people who will pay a handsome salary to get all of their work organized and are looking for a personal assistant. Although this does require you to be available at times your employer demands so it may put a strain on your job; however, once you get around the timings, it is an easy to do a job that requires no investment and pays well. If you feel like this isn’t the job for you, then its alternative is available which is to become an online assistant.

6. Social media consultant:

With almost one billion people using popular social media today, businesses are looking to promote their products/service on social media. You can provide this service for them, and all you’ll have to do is to search for the right people/pages online and market the products to them. This is a risk-free business that required almost no investment since you can do this even from the comfort of your phone.

Read More :

1. Make Your Business Popular Online

2. Building A Brand For Your Small Business

3. Top 5 Types Of Startup Business Loans

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Investing In Office Space For Your SME: What To Consider

So, your business is thriving. All the hard work is paying off and you’re starting to reap the benefits – repeat customers, growing workload, increased revenue, so is it time to move out of your 3rd bedroom-turned-office, into a more professional environment? It can be tricky to take the leap as an SME owner – so here are key things to consider when buying or renting office space for your business. Shared or Private Space? There are many options for professional working environments, including the private vs shared space debate. There are pros and cons for each option, so it really is down to how your business operates. If you are currently the only worker or you have 2 to 3 employees, you may benefit best from a co-working environment. This means you will be in a larger office space which other business people are using at the same time. You can take advantage of an office environment with internet allowance, desks, lockable storage units, and telephone systems without having to pay a hefty price tag for private space. Alternatively, if you have a larger amount of staff, or the business you run is highly confidential or sensitive, you may be better off in a private space where you can discuss business freely and openly without worrying about being overheard. There are many serviced offices across the country, with companies such as BE Offices and Prime Office Space offering both shared and private spaces so you are sure to find something to suit your business. Renting or Buying? When looking to set up your first office, you will no doubt deliberate over renting or buying. The rental market is extremely popular as it gives you the flexibility to move on at the end of the lease. So, if your business grows significantly and you need more staff, you can move to a larger space in line with business requirements. This flexibility may also be useful if you decide an alternative location may be better down the line for your business, due to localised demand for products or services. Renting also usually means fewer upfront costs than buying, but you do run the risk of rental values inflating, with a subsequent high impact on your finances. Buying is obviously a huge commitment and requires a larger investment up front. This may be suitable for you if you have a good idea of your long-term business requirements and you know that the property will serve these. This may be the case for businesses requiring large factory spaces, for example. It also gives you the ability to make any changes to the property that you desire –you own it, so you can do what you like to it. Is It Practical? It is also important to consider whether the location is suitable for you and your staff. It is easy to get to via public transport? Does it have sufficient car parking? Finally, always put your Health and Safety hat on and make sure the building abides by current health and safety standards. It may look pretty, but it needs to be a safe place to work with comfortable conditions for you and your staff. Undertake a risk assessment before you move in to highlight any potential issues and implement strategies to mitigate risks. Read Also: Choosing Open Office Space Vs Cubicle Office Space Necessary Spaces To Include In Building Your Office

Active Shooter In The Workplace Training: How To Conduct It

Active shooter situations in the workplace are definitely unpredictable, and they can evolve in so many different directions in a matter of minutes. Naturally, contacting law enforcement is the best way to stay safe, but here is the thing. You need to know what to do until law enforcement arrives on the actual scene. After all, you don’t want to leave anything up to chance even for a few minutes. These situations usually last around 15 minutes, or even longer, and that is definitely enough for serious damage to be done, and for a lot of people to get hurt. So, as mentioned, what you need to do is learn what to do in order to keep yourself and your employees safe. This is why conducting active shooter and violence training is absolutely necessary. If you visit https://clearlawinstitute.com/active-shooter-and-workplace-violence-training/, you will get to see precisely why this training is necessary. Anyway, if you have thought about this for at least some time, then you have most likely already figured out why this type of training is actually necessary for your employees. This further means that you are ready to conduct it. It’s just that, you might not know how to do that. Well, you are not alone there. When people first start thinking of this training, it is natural for them to be a bit confused about how to conduct them. The same goes for you. So, instead of just jumping towards making some random moves, you should learn a bit more about how to actually conduct workplace active shooter and violence training, and I’ll help you out with that below, by letting you know which steps to take. It Can Be Done Online The first thing to understand here is that this can now be done online. There are a lot of amazing training programs that you can find through the Internet that you can use to raise your employee’s awareness of active shooter situations and violence in general. This is a great thing since it makes everything much easier. Your employees will get the chance to easily learn more about how to react in these situations. But Make Sure To Find A Great Course While it is clear that this can be done online and that there are a lot of helpful resources out there that you can use to your advantage, there is one thing that you should always keep in mind. The quality of the training will depend on the course that you will choose. This basically means that you should take time to find a great active shooter and violence in the workplace training course so that your employees can get the best out of it. Research The Providers When you are trying to make that specific choice, you should remember to research the course providers as well. Their reputation and their experience will tell you a lot about the actual quality of their courses. So, don’t forget to do this. You will be able to find info regarding the providers on the official sites, as well as on some other places online. Check Out The Courses In Details Apart from checking out the providers, you should also check out the contents of the actual courses in detail. This way, you will get to see in advance what your employees will be able to gain by going through certain programs. Thus, you’ll be able to determine if certain courses are of great value or if you should perhaps avoid them. Make Sure That Your Employees Have Gone Through This After you have made your choice, you will need to be absolutely sure that all of your employees have gone through the course. You want them to gain all the knowledge they need, and nobody should be left out. By going through the programs, your employees will learn how to address violence in the workplace and how to behave in the event that an active shooter arrives on the premises. Check What Has Been Learned Once everyone goes through the course, it would be a wise move to check what it is that your workers have learned. After all, you are not conducting the training simply because it is mandatory and because it complies with certain regulations. Instead, you really want your staff to learn how to protect themselves and the people around them in dangerous situations. So, make sure to always check what they have learned. Revise & Repeat If Necessary If you find that the employees haven’t really learned everything they need to know, you should start thinking about repeating the training. Of course, if you believe that some revisions are necessary regarding the course, feel free to mention that to the providers. This way, you’ll get a tailor-made course for your company, and you’ll be sure that your staff will get the most out of it. Additional: Common IT Security Risks in the Workplace Strategies For Preventing Workplace Injuries Proactively What To Do About Discrimination In The Workplace: First Steps To Take The Hidden Damages In Workspaces: 5 Steps To Reduce The Risk Of Workplace Injuries!

How to become a Professional Barista

An article related to Barista Coffee should begin with one of my most favourite quotes on coffee: “Coffee is a way of stealing time which should by rights belong to your older self.” - American Heroes Coffee In the last decade, the coffee making industry has experienced a lot of changes. Also, a lot of coffee shops are opening daily. As a way of competing for customers, these shops have to come up with the best cup of coffee in the cities. Barista is one of the most important factor of American Heroes coffee. In this way, demand for a qualified coffee superstar is on the rise and therefore generating employment opportunities. If you plan to join this field, this article contains all you need. We discuss how to become a professional barista, the approximate amount to invest and the challenges you have to overcome. Consider reading through the whole text so that you may understand the entire process clearly. Who is a Barista? A barista is a technical name that refers to a person who prepares and serves coffee in a coffee shop. Unlike the early days, today’s coffee maker machines in UAE need a lot of skills as well as practice to operate efficiently. For these reasons, most of the coffee shops only consider employing professional baristas. So, with these high demands, how do you become a professional barista that you may secure yourself a job in UAE? 1. Go for Extra Training: Most of the baristas you find in regular coffee shops have a high school diploma or certificate alone. That qualification is enough to make you a barista but not a professional. If you want to be an expert, you should consider registering for training programs. Most of them are online based tutorials and therefore are convenient and flexible to your daily schedules. Through the training sessions, you learn all the basics in grinding coffee beans. You also get a guide on how to steam milk, and importantly you learn how to operate the espresso machines. What is unique about the training programs is that they offer additional lessons on how you can start and manage your coffee shop. However, consider picking tutors who offer certifications after the training program. 2. What will the Course cost you: Most of the online courses will cost between $120 and $199. The cost gets depending on the selected course levels. You can consider taking a class on the basic barista or master barista. The basic barista course will cost you less than the later. Note that, in coffee making lessons, you get what you pay. The more cash you invest, you get better skills. However, with these prices, there is always a course for everyone’s pocket. You also need to use more of your time on the classes if you want to complete faster. The sessions will take at most 8 hours. Therefore, if you’re a serious student, you can make it within two days or at most four days, and you’re through. 3. Communication and Physical Requirements: If you want to be a professional barista, you need to have excellent communication skills. You should be polite to customers and when offended, never display your anger in front of the buyers. Also, you don’t want to deliver orders that customers didn’t place. That’s why you must have a good hearing as well as listening skills. Physically, you need to be in a capacity to stand and walk for long hours. Also, you should be in place to push at least 40 pounds of weight without stretching a lot. An excellent eye vision is also essential both at near and far distances. Excellent customer services will also make you a professional barista. You should, therefore, express acceptable personal attributes. First, you must show a neat appearance and look attractive to the customers. If you’re always looking dirty, you appear unprofessional, and customers will walk away. Also, you should act in honesty and integrity while offering your services. When serving under pleasure, do not panic, but always stay calm and keep a smiling face. 4. Get a license: If you want to come out as a professional, there’s a need that you obtain a permit from the authorities. Having a permit proves that you’re a qualified barista and increases customer’s trust in your services. The process to get a license requires you to follow universal laws on certification of jobs that deal with foods. Note that, the regulations will vary from one government, state or region to the other. Therefore, pay attention and avoid possible attempts to take it for granted. 5. Use the Internet Wisely: If you didn’t know, a lot of the information on trends in the coffee industry is available online. Use online free learning materials to add basic tips into your knowledge. Also, follow up on the successful baristas across the globe and learn about their secrets. Following on the customer reviews is always a great way to know what the customers want. Buyers will at most of the times give facts of what they want and what is going wrong. By knowing what matters to them, you’re able to enhance your services. 6. Research about Baristas: If you're going to be a professional barista, you should spend time learning about how much a barista can earn. Also, learn about how many hours you’ll be working in a day and the pressure you will have to deal with at the shop. If you rush into the job, you can end up with a frustrating experience. However, taking the time to learn about the expectations of becoming a barista can be very rewarding. Learn about the challenges you’ll come across as a barista and make a strategy on how to deal with them. Therefore, if you want to operate as a professional barista, you need to be smart. 7. Take the Right Attitude: If you're going to appear as a professional, you need to show up at work in the right mood. Note that, if your spirit is terrible, you’re likely to mess up with your customers. Your clients need to see a happy face and get served with a kind heart. It’s crucial that you be in love with what you’ll be doing if you wish to be successful. Being a barista is a simple thing to do but becoming a professional barista comes with extra efforts. You decide to stick on being a basic barista or a master barista. Whichever decision you make, consider employing the needed shot. Read Also: 10 Best Coffee Places In The US 7 Fantastically Unusual Uses Of Old Coffee Beans Investing In Office Space For Your SME: What To Consider How You Can Create A Coffee House Experience In Your Own Home Finding Your Path In Life: 5 Ways To Determine What You Want To Do In Life

Six Low-Investment Business Ideas You Can Start Today

1. Offering services:

2. Online Freelancing:

3. Marketing Services:

4. Online Product Marketer/Seller:

5. Being a personal assistant:

6. Social media consultant:

Yacht Vat leasing tax in Malta

Why Lead Generation Is Essential For Business?

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Investing In Office Space For Your SME: What To Consider

Active Shooter In The Workplace Training: How To Conduct It

How to become a Professional Barista

Six Low-Investment Business Ideas You Can Start Today

1. Offering services:

2. Online Freelancing:

3. Marketing Services:

4. Online Product Marketer/Seller:

5. Being a personal assistant:

6. Social media consultant:

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Yacht Vat leasing tax in Malta

Why Lead Generation Is Essential For Business?

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related